Andhra Cements Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 92.17 Cr
- Company Age 88 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 715.00 Cr
- Satisfied Charges ₹ 3,314.15 Cr
- Revenue Growth -21.85%
- Profit Growth 501.87%
- Ebitda 15.25%
- Net Worth 138.76%
- Total Assets 5.32%
About Andhra Cements
Andhra Cements Limited (ACL) was founded in India on 01 November 1936 and has a glorious history of 88 years and three 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 company currently has active open charges totaling ₹715.00 Cr. The company has closed loans amounting to ₹3,314.15 Cr, as per 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.
Company Details
- Location
Guntur, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L26942AP1936PLC002379
- Company No.
002379
- Stock Symbol
BSE : 532141 NSE : ANDHRACEMT
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Nov 1936
- Date of AGM
05 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Andhra Cements?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kolluru Prasad  | CFO | 07-Mar-2023 | Current |
| Gutti Rao | Company Secretary | 02-Nov-2006 | Current |
| Anand Sammidi | Managing Director | 07-Mar-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sreekanth Sammidi | Director | 07-Mar-2023 | Current |
| Rajagopal Ravichandran | Director | 14-Apr-2023 | Current |
| Valliyur Ramakrishnan | Director | 05-Jun-2023 | Current |
| Kalidindi Raju | Director | 23-Mar-2023 | Current |
| Rachana Sammidi | Director | 07-Mar-2023 | Current |
| Rekha Onteddu | Director | 23-Mar-2023 | Current |
Financial Performance of Andhra Cements.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Andhra Cements?
In 2023, Andhra Cements had a promoter holding of 95.00% and a public holding of 4.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Super Hydro Electric Private LimitedAnand Sammidi and Sreekanth Sammidi are mutual person
Senta Foodwork Private LimitedRajagopal Ravichandran is a mutual person
Sagar Power LimitedAnand Sammidi and Sreekanth Sammidi are mutual person
Ncl Buildtek LimitedKalidindi Raju is a mutual person
Anjani Foods LimitedRajagopal Ravichandran and Kalidindi Raju are mutual person
- Anjani Vishnu Holdings Limited
Rajagopal Ravichandran and Kalidindi Raju are mutual person
Charges (Loans)
₹715.00 Cr
₹3,314.15 Cr
Charges Breakdown by Lending Institutions
- Others : 665.00 Cr
- The Karur Vysya Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2023 | Others | ₹665.00 Cr | Open |
| 28 Aug 2014 | The Karur Vysya Bank Limited | ₹50.00 Cr | Open |
| 12 Sep 2018 | Others | ₹22.00 Cr | Satisfied |
| 22 Aug 2016 | Others | ₹15.00 Cr | Satisfied |
| 19 Feb 2015 | Others | ₹404.00 Cr | Satisfied |
How Many Employees Work at Andhra Cements?
Andhra Cements has a workforce of 154 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
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
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.
Alerts
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.
