Saurashtra Cement Limited

Manufacturer and distributor of high-quality cement products, including PPC and OPC 53 grade, with international certifications.

1956 | Porbandar, Gujarat (India) | Active
Last Updated: June 21, 2024

Saurashtra Cement Profile

Key Indicators

  • Authorised Capital ₹ 772.70 Cr
  • Paid Up Capital ₹ 110.98 Cr
  • Company Age 68 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 256.66 Cr
  • Satisfied Charges ₹ 1,347.44 Cr
  • Revenue Growth 114.63%
  • Profit Growth -1058.88%
  • Ebitda -75.79%
  • Net Worth 68.48%
  • Total Assets 73.74%

About Saurashtra Cement

Saurashtra Cement Limited (SCL) was founded in India on 11 June 1956 and has a glorious history of 68 years and seven months. Its registered office is in Porbandar, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502175.

The Corporate was formerly known as Saurashtra Cement & Chemical Industries Ltd. 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 772.70 Cr and a paid-up capital of Rs 110.98 Cr.

The company currently has active open charges totaling ₹256.66 Cr. The company has closed loans amounting to ₹1,347.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saurashtra Cement Limited India are Sonali Sanas as COMPANY SECRETARY and V Mohnot as Cfo. Aman Khanna, Hemnabh Khatau, Mohinderpal Gilotra, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Porbandar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L26941GJ1956PLC000840

  • Company No.

    000840

  • Stock Symbol

    BSE : 502175

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1956

  • Date of AGM

    17 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Saurashtra Cement?

Executive Team (4)

NameDesignationAppointment DateStatus
V Mohnot Country flag representing In CFO30-Mar-2023Current
Jay Mehta Country flag representing Gb Managing Director15-Oct-2004Current
Mohinderpal Gilotra Country flag representing In Managing Director01-Jan-2009Current
Sonali Sanas Country flag representing In Company Secretary02-Mar-2015Current

Board Members (8)

NameDesignationAppointment DateStatus
Radhika Gaekwad Country flag representing In Director 30-Jun-2023Current
Hemnabh Khatau Country flag representing Gb Director 25-Oct-2008Current
Hemang Mehta Country flag representing Gb Director 15-Oct-2004Current
Aman Khanna Country flag representing Gb Director 30-Jun-2023Current
Bhagyam Ramani Country flag representing In Director 30-May-2014Current
Nagaraja Maddipatla Country flag representing In Director 25-May-2023Current

Financial Performance of Saurashtra Cement.

Saurashtra Cement Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 114.63% increase. The company also saw a substantial fall in profitability, with a 1058.88% decrease in profit. The company's net worth Soared by an impressive increase of 68.48%.

Graph illustrating revenue growth over time
Graph showing 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
114.63%
Revenue from Operations
116.12%
Total Assets
73.74%
Profit or Loss
-1058.88%
Net Worth
68.48%
EBITDA
-75.79%

What is the Ownership and Shareholding Structure of Saurashtra Cement?

In 2023, Saurashtra Cement had a promoter holding of 72.46% and a public holding of 27.53%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹256.66 Cr

Satisfied Charges

₹1,347.44 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 245.27 Cr
  • Axis Bank Limited : 10.06 Cr
  • Srei Infrastructure Finance Limited : 1.33 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2024Hdfc Bank Limited₹44.00 CrOpen
15 Dec 2023Axis Bank Limited₹1.83 CrOpen
29 Nov 2023Axis Bank Limited₹8.52 MOpen
28 Nov 2023Axis Bank Limited₹4.20 MOpen
28 Sep 2023Axis Bank Limited₹6.95 MOpen

How Many Employees Work at Saurashtra Cement?

Saurashtra Cement has a workforce of 344 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saurashtra Cement, 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 Saurashtra Cement'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 Saurashtra Cement

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 44.00 Cr with Charge ID 100882297 was registered on 04 Mar 2024.

    04 Mar 2024

  • Charges

    A charge registered on 12 Feb 2020 via Charge ID 100327696 with Hdfc Bank Limited was fully satisfied on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.83 Cr with Charge ID 100829846 was registered on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge registered on 17 Jul 2019 via Charge ID 100279252 with Axis Bank Limited was fully satisfied on 06 Dec 2023.

    06 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.85 Cr with Charge ID 100823388 was registered on 29 Nov 2023.

    29 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.42 Cr with Charge ID 100818751 was registered on 28 Nov 2023.

    28 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Saurashtra Cement Limited was incorporated on 11 Jun 1956.

  • The authorized share capital of Saurashtra Cement Limited is ₹ 772.70 Cr and paid-up capital is ₹ 110.98 Cr.

  • Currently 12 directors are associated with Saurashtra Cement Limited.

    • Aman Pradeepchand Khanna
    • Hemnabh Ranvir Khatau
    • Mohinderpal Singh Gilotra
    • Jay Mahendra Mehta
    • Bhagyam Ramani
    • Sonali Sanas
    • V R Mohnot
    • Nagaraja Sarma Maddipatla
    • Radhika Samarjitsinh Gaekwad
    • Ashwani Kumar
    • Mahendra Nanjibhai Mehta
    • Hemang D Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saurashtra Cement Limited is Nr Railway Stationranavav, Ranavav, Gujarat, India, 360560.

  • The corporate identification number (CIN) of Saurashtra Cement Limited is L26941GJ1956PLC000840 and the company number is 000840 as per Ministry of Corporate Affairs (MCA).

  • Yes, Saurashtra Cement Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Saurashtra Cement Limited is https://www.hathi-sidheecements.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saurashtra Cement Limited has risen by 114.63%.

  • As Per 2023 financial reports, 344 employees are currently employed by Saurashtra Cement Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saurashtra Cement Limited has experienced an upsurge of 68.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saurashtra Cement Limited amount to ₹ 256.66 Cr.

  • The most recent Balance Sheet for Saurashtra Cement Limited was filed with the ROC on 31 Mar 2023.

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