Fastest Growing Cement Company (Large Category) - Shree Cement
Shree Cement has a cement production capacity of 13.5 mtpa. As a part of its expansion plan, the company is setting up two new clinker manufacturing units of 2 mtpa capacity each at Ras in Rajasthan. Shree Ultra is the company's flagship brand, which contributes to more than half of its sales volume. The company's other cement brands include Bangur Cement and Rockstrong cement. It has recently placed an order with Gebr Pfeiffer SE for five vertical roller mills to grind cement, raw materials and petcoke or coal. As a part of its expansion plan, Shree Cement is setting up a greenfield plant in Chhattisgarh and a cement grinding unit in Bihar. The order encompasses three MVR 6000 C-6 cement mills each with an installed drive power of 6700 KW, an MVR 6,000 R-6 raw mill, also with 6,700 KW drive power, and an MPS 3070 BK suitable for grinding petcoke coal.
The company's standalone revenue in 2012-2013 rose 22.44 per cent to Rs 5,662.90 crore while its net profit rose 301.16 per cent to Rs 1,071.10 crore from Rs 267 crore in the previous year.