Necem Cements Ltd

Produces ordinary Portland cement under previous name North East Cements Ltd.

1985 | Kamrup, Assam (India) | Active
Last Updated:

Necem Cements Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.67 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.70 M
  • Satisfied Charges ₹ 3.73 Cr
  • Revenue Growth 21.78%
  • Profit Growth 192.68%
  • Ebitda 187.82%
  • Net Worth 6.76%
  • Total Assets 2.13%

About Necem Cements

Necem Cements Ltd (NCL) is a Public Limited Indian Non-Government Company incorporated in India on 03 September 1985 and has a history of 39 years and eight months. Its registered office is in Kamrup, Assam, India.

The Corporate was formerly known as North East Cements 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.67 Cr.

The company currently has active open charges totaling ₹7.70 M. The company has closed loans amounting to ₹3.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Necem Cements Ltd India is Sweety Jhunjhunwala as COMPANY SECRETARY. Smita Agarwal, Shivam Agarwal, Mohd Zubber, and One other member serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26942AS1985PLC002429

  • Company No.

    002429

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1985

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Manufacturing
Company report

Necem Cements Ltd

Explore comprehensive data for Necem Cements Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Necem Cements?

Executive Team (1)

NameDesignationAppointment DateStatus
Sweety Jhunjhunwala Company Secretary21-Jun-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Shivam Agarwal Country flag representing In Director 01-Apr-2024Current
Smita Agarwal Country flag representing In Director 02-Dec-2022Current
Mohd Zubber Country flag representing In Director 29-Sep-2018Current
Payal Bafna Country flag representing In Director 01-Apr-2024Current

Financial Performance of Necem Cements.

Necem Cements Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 21.78% increase. The company also saw a substantial improvement in profitability, with a 192.68% increase in profit. The company's net worth moved up by a moderate rise of 6.76%.

Necem Cements revenue growth over time
Necem Cements profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.78%
Revenue from Operations
20.56%
Total Assets
2.13%
Profit or Loss
192.68%
Net Worth
6.76%
EBITDA
187.82%

What is the Ownership and Shareholding Structure of Necem Cements?

In 2021, Necem Cements had a promoter holding of 12.61% and a public holding of 87.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.77 Cr

Satisfied Charges

₹3.73 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.77 Cr

Latest Charge Details

DateLenderAmountStatus
29 Apr 1988State Bank Of India₹7.70 MOpen
25 Aug 1988Industrial Finance Corporation Of India₹2.30 MSatisfied
25 Aug 1988Industrial Development Bank Of India₹2.30 MSatisfied
25 Aug 1988Industrial Credit & Investment Corporation Of India Ltd₹1.20 MSatisfied
20 Jan 1987Industrial Finance Corporation Of India₹3.15 CrSatisfied

How Many Employees Work at Necem Cements?

Necem Cements has a workforce of 19 employees as of Apr 09, 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.

Employee growth trends for Necem Cements Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Necem 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 Necem Cements's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Necem Cements

Recent activity within the organization

  • Annual General Meeting

    Necem Cements Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sweety Jhunjhunwala was appointed as a Company Secretary was appointed as a Company Secretary on 21 Jun 2024 & has been associated with this company since 10 months 19 days .

  • Director Appointment

    Shivam Agarwal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Payal Bafna was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 1 month .

  • Balance Sheet

    Necem Cements Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

  • Director Appointment

    Smita Agarwal was appointed as a Director was appointed as a Director on 02 Dec 2022 & has been associated with this company since 2 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Necem Cements Ltd?

    Necem Cements Ltd was incorporated on 03 Sep 1985.

  • What is authorized share capital and paid-up capital of Necem Cements Ltd?

    The authorized share capital of Necem Cements Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.67 Cr.

  • Who are the current board members & directors of Necem Cements Ltd?

    Currently 5 directors are associated with Necem Cements Ltd.

    • Smita Agarwal
    • Shivam Agarwal
    • Mohd Abdul Zubber
    • Payal Bafna
    • Sweety Jhunjhunwala

  • What is the registered address of Necem Cements Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Necem Cements Ltd is Housing Colony Road Rukmini Nagar, Dispur India, Guwahati, Assam, 781006.

  • What is the corporate identification number (CIN) and company number of Necem Cements Ltd?

    The corporate identification number (CIN) of Necem Cements Ltd is U26942AS1985PLC002429 and the company number is 002429 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Necem Cements Ltd?

    According to the financial reports for the fiscal year 2021, the revenue trend for Necem Cements Ltd has risen by 21.78%.

  • How many employees does Necem Cements Ltd currently have?

    As Per 2021 financial reports, 19 employees are currently employed by Necem Cements Ltd.

  • What change has been observed in the net worth of Necem Cements Ltd, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Necem Cements Ltd has experienced an upsurge of 6.76%.

  • What are the total open charges for Necem Cements Ltd?

    As per the financial statements for fiscal Year 2021, The total open charges for Necem Cements Ltd amount to ₹ 7.70 M.

  • When was the last Balance Sheet of Necem Cements Ltd filed with the ROC?

    The most recent Balance Sheet for Necem Cements Ltd was filed with the ROC on 31 Mar 2024.

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