Price management and focussed efforts from all our verticals contributed in maintaining the top-line and bottom-line
Cement

Price management and focussed efforts from all our verticals contributed in maintaining the top-line and bottom-line

SECTOR: Cement Sagar Cements Sagar Cements Ltd is one of India’s leading cement manufacturers with an installed production capacity of 5.75 mtpa. For over three decades, it has been committed to creating lasting stakeholder value while maintaining a sustai...

SECTOR: Cement Sagar Cements Sagar Cements Ltd is one of India’s leading cement manufacturers with an installed production capacity of 5.75 mtpa. For over three decades, it has been committed to creating lasting stakeholder value while maintaining a sustainable growth outlook with its robust foundation and a steady growth focus. Anand Reddy, Managing Director, Sagar Cements Ltd, shares more…. Strategies to overcome COVID-19 and other challenges in FY2020-21: Demand was natural during FY2021 followed by a favourable pricing environment across southern markets, fuelled by the government’s focus on both state and central infrastructure projects, supported by the highest ever blended ratio yielding positive contributions. Major contributor to growth in FY2020-21: The strategic manufacturing locations of Sagar Cements have given us an edge over other peer brands and execution of supplies within a radius of average lead distance of 300 km helped us optimise our realisations. In contemporary markets, despite the pandemic crisis, the operating efficiencies of all our plants coupled with power assets and the usage of alternate fuels have made our production cost and pricing more competitive, thus giving us an edge to penetrate our markets more effectively. Decision avoided/made that helped maintain top-line and bottom-line: Price management and focussed efforts from all our verticals contributed in maintaining both the top-line and bottom-line intact. Plans for growth in FY2021-22 and beyond: Going forward, we are spreading our wings much wider with an able and ambitious team. Our greenfield projects in Madhya Pradesh and Odisha are set to commence production shortly to leverage emerging demand in the central and eastern zones. Our robust fundamentals and decade-old industry expertise have allowed us to build a strong business with a sharp competitive edge, and we are set to reach 8.25 million tonne per annum (mtpa) from the existing 5.75 mtpa after commissioning of the projects mentioned above. We have inculcated best-in-class management practices and adopted strategies that have strengthened our presence and supply chain network and enhanced cost and resource optimisation. All these will lead to a much stronger balance sheet, trustworthy brand name and capability to expand our reach further, thus consolidating our regional presence across seven major states: Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra, Odisha and Madhya Pradesh.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?