The India Cements Profile
Key Indicators
- Authorised Capital ₹ 535.00 Cr
- Paid Up Capital ₹ 309.90 Cr
- Company Age 79 Year,
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6,201.62 Cr
- Satisfied Charges ₹ 11,188.59 Cr
- Revenue Growth 14.49%
- Profit Growth -583.67%
- Ebitda -137.84%
- Net Worth -3.77%
- Total Assets -5.08%
About The India Cements
The India Cements Limited (TICL) was founded in India on 21 February 1946 and has a glorious history of 79 years . Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530005 and on the National Stock Exchange(NSE) under INDIACEM.
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 535.00 Cr and a paid-up capital of Rs 309.90 Cr.
The company currently has active open charges totaling ₹6,201.62 Cr. The company has closed loans amounting to ₹11,188.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at The India Cements Limited India are Swaminathan Sridharan as Company Secretary, Narayanaswamy Srinivasan as Ceo, and Srinivasan Ranganathan as Cfo. Balasubramanian Adityan, Narayanaswamy Srinivasan, Manickam Vengaiyagounder, and Nine other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does The India Cements Limited offer?
The India Cements Limited offers a wide range of products and services, including Cement, Raasi Cement, Cement and Concrete, Roofing & Special Purpose Cements, Sewerage and Drainage Products, Drainage Pipes & Pipe Fittings, Coromandel Cement, Wall Putty, Powder Putty, Freight Forwarding Services.
Who are the key members and board of directors at The India Cements?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narayanaswamy Srinivasan  | Managing Director | 15-Sep-1989 | Current |
| Swaminathan Sridharan | Company Secretary | 01-Apr-2016 | Current |
| Srinivasan Ranganathan | CFO | 07-Aug-2014 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Patel | Director | 03-Apr-2021 | Current |
| Sandhya Rajan | Director | 11-Aug-2018 | Current |
| Balasubramanian Adityan | Director | 07-Dec-2015 | Current |
| Manickam Vengaiyagounder | Director | 31-Oct-2008 | Current |
| Mohan Margabandhu | Director | Current | |
| Chitra Srinivasan | Director | 05-Mar-2010 | Current |
Financial Performance of The India Cements.
The India Cements Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.49% increase. The company also saw a substantial fall in profitability, with a 583.67% decrease in profit. The company's net worth dipped by a decrease of 3.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The India Cements?
In 2022, The India Cements had a promoter holding of 28.42% and a public holding of 71.58%. The company had 9 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Indian Newspaper Society.Balasubramanian Adityan is a mutual person
Subasri Realty Private LimitedBalasubramanian Adityan is a mutual person
Metronation Chennai Television Private LimitedBalasubramanian Adityan is a mutual person
Shriram Life Insurance Company LimitedManickam Vengaiyagounder is a mutual person
India Cements Capital LimitedManickam Vengaiyagounder, Mohan Margabandhu and 2 more are mutual person
- India Cements Investment Services Limited
Mohan Margabandhu and Lakshmiaparna Sreekumar are mutual person
Charges (Loans)
₹6,201.62 Cr
₹11,188.59 Cr
Charges Breakdown by Lending Institutions
- Others : 3146.74 Cr
- Idbi Trusteeship Services Limited : 1700.00 Cr
- Yes Bank Limited : 401.00 Cr
- State Bank Of India : 300.00 Cr
- Hdfc Bank Limited : 222.80 Cr
- Others : 431.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2022 | Idbi Trusteeship Services Limited | ₹200.00 Cr | Open |
| 14 Sep 2022 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Open |
| 18 Aug 2022 | Yes Bank Limited | ₹201.00 Cr | Open |
| 16 Jul 2022 | Others | ₹40.00 Cr | Open |
| 30 Jun 2022 | Indian Bank | ₹200.00 Cr | Open |
How Many Employees Work at The India Cements?
The India Cements has a workforce of 1727 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 The India 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 The India 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.
