Andhra Cements Limited logo

Andhra Cements Limited

This company manufactures and sells various types of cement and is expanding its production capacity.

1936 Guntur, Andhra Pradesh (India) Active

About

Basic Data Updated:

2 months ago
Andhra Cements Limited (ACL) was founded in India on 01 November 1936 and has a glorious history of 87 years and ten months.Its registered office is in Guntur, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532141 and on the National Stock Exchange(NSE) under ANDHRACEMT.

The Corporate was formerly known as The Andhra Cement Company Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 500.00 cr and a paid-up capital of Rs 92.17 cr.

The Corporate currently has active open charges totaling ₹715.00 cr. It has already closed loans amounting to ₹3,314.15 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Andhra Cements Limited India are Gutti Rao as Company Secretary and Kolluru Prasad as Cfo. Rajagopal Ravichandran, Anand Sammidi, Sreekanth Sammidi, and Four other members serve as directors at the Company.

Industry

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL26942AP1936PLC002379
Company No.002379
Stock Symbol BSE : 532141 NSE : ANDHRACEMT
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date01 Nov 1936
Date of AGM05 Jun 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Vijayawada

Financials of Andhra Cements Limited

financial-graph
Content-lock

Andhra Cements Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.85% decrease. The company also saw a substantial improvement in profitability, with a 501.87% increase in profit. The company's net worth Soared by an impressive increase of 138.76%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Andhra Cements's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Andhra Cements Limited

Executive Team (3)

  • prasad_kolluru_374737.png
    Kolluru Prasad In CFO

    Appointment Date: 07-Mar-2023

    Status: Current

  • gt_rao_890418.png
    Gutti Rao In Company Secretary

    Appointment Date: 02-Nov-2006

    Status: Current

  • AS

    Anand Sammidi In Managing Director

    Appointment Date: 07-Mar-2023

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹715.00 cr

₹3,314.15 cr

LenderAmountStatus

Others

Creation Date: 09 Mar 2023
₹665.00 CrOpen

The Karur Vysya Bank Limited

Creation Date: 28 Aug 2014
₹50.00 CrOpen

Others

Creation Date: 12 Sep 2018
₹22.00 CrSatisfied

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Andhra Cements, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Andhra Cements's trajectory.

Rating

Rating-Graph
Content-lock

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

Alert-Indicator
Content-lock

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Others of Rs. 665.00 cr registered on 09 Mar 2023 with Charge ID 100698033 was modified on 08 Jul 2023.

    08 Jul 2023
  • Activity

    Annual General Meeting

    Andhra Cements Limited last Annual general meeting of members was held on 05 Jun 2023 as per latest MCA records.

    05 Jun 2023
  • Activity

    Director Appointment

    Valliyur Hariharan Ramakrishnan was appointed as a Director was appointed as a Director on 05 Jun 2023 & has been associated with this company since 1 year 3 months .

    05 Jun 2023
  • Activity

    Director Appointment

    Rajagopal Ravichandran was appointed as a Director was appointed as a Director on 14 Apr 2023 & has been associated with this company since 1 year 4 months .

    14 Apr 2023
  • Activity

    Balance Sheet

    Andhra Cements Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Andhra Cements Limited?

Andhra Cements Limited was incorporated 87 years 10 months ago on 01 Nov 1936 with Registrar of Companies Roc Vijayawada.

People also Viewed

Similar Companies Based on Thermal Energy Facilities

  • The West Bengal Power Development Corporation Limited

    North 24 Parganas, West Bengal, India

  • Talwandi Sabo Power Limited

    Mansa, Punjab, India

  • Telangana Power Generation Corporation Limited

    Hyderabad, Telangana, India

  • Punjab State Power Corporation Limited

    Patiala, Punjab, India

  • Maharashtra State Power Generation Company Limited

    Mumbai, Maharashtra, India

  • Vedanta Limited

    North Goa, Goa, India

  • Torrent Power Limited

    Ahmedabad, Gujarat, India

  • Lalitpur Power Generation Company Limited

    Lalitpur, Uttar Pradesh, India

  • Adani Power Limited

    Ahmedabad, Gujarat, India

  • Dalmia Cement (Bharat) Limited

    Ariyalur, Tamil Nadu, India

  • Jindal Power Limited

    Raigarh, Chattisgarh, India

  • Andhra Pradesh Power Generation Corporation Limited

    Krishna, Andhra Pradesh, India