About Orient Cement Limited

Orient Cement Limited, incorporated in 2011, emerged after the cement undertaking of Orient Paper Industries Limited was transferred to the Company on a going concern basis with effect from April 01, 2012 pursuant to an Orissa High Court approved scheme of arrangement. The Company manufactures and sells cement in India with integrated/clinker units at Devapur (Telangana) and Chittapur (Karnataka) and a grinding unit at Jalgaon (Maharashtra). Operations are domestic-only with plants/offices across 10 States; there are 3 plants and 32 offices, and no international locations or exports during FY 2024–25. The product portfolio comprises Birla.A1 StrongCrete, Birla.A1 OrientGreen (GreenPro certified), and Birla.A1 Dolphin water‑repellent cement, with premium brands exceeding 25% of trade sales and 11% of total sales in FY 2024–25 as the Company advanced its premiumisation strategy. As of March 31, 2025, the Company had no subsidiaries, associates or joint ventures, and reports on a standalone basis; paid‑up equity share capital was 20,51,09,897 shares of Re 1 each after ESOP exercises during the year. Key milestones in FY 2024–25 included commissioning Phase‑2 of the Waste Heat Recovery System at Chittapur, a 3.7 MW captive solar project feeding Jalgaon (taking green power at Jalgaon to 80%+), and operating Chittapur at maximum licensed capacity, alongside the promoter group’s October 22, 2024 share purchase agreement with Ambuja Cements Limited, with CCI approval received on March 04, 2025, pursuant to which Ambuja will acquire control post consummation and open offer completion as applicable.

Orient Cement Limited Business Segment

• The Company operates a single segment: manufacture and sale of cement; clinker and cement (NIC 2394) accounted for 99.82% of turnover in FY 2024–25, with sales only within India and nil exports.

• Revenue from operations (standalone) for FY 2024–25 was Rs 2,708.83 crore, compared to Rs 3,185.09 crore in FY 2023–24, with total income of Rs 2,728.70 crore and net profit of Rs 91.25 crore; total sales volume was 54.16 lakh tonnes, blended cement share was 53%, and overall capacity utilisation was 64% amid subdued demand and decadal‑low pricing in some core markets during election/weather disruptions and liquidity tightness.

• Geographic split: Products are sold only in India; exports contribution was nil, and there is no disclosed domestic vs. international revenue split beyond this.

Orient Cement Limited Key Management

• CK Birla — Chairman.

• Desh Deepak Khetrapal — Managing Director & CEO; re‑appointed with effect from April 01, 2025 for one month subject to shareholders’ approval (FY 2024–25 tenure noted), and designated highest authority for oversight of sustainability disclosures.

• Prakash Chand Jain — Chief Financial Officer.

• Diksha Singh — Company Secretary.

Latest Updates on Orient Cement Limited

• Promoter Group signed a share purchase agreement on October 22, 2024 to sell 7,76,49,413 equity shares (37.90%) to Ambuja Cements Limited at Rs 395.40 per share; Ambuja launched an open offer up to 26% of expanded share capital; Competition Commission of India approval for the transaction was received on March 04, 2025, pursuant to which Ambuja will acquire control over the Company on consummation.

• Commissioned Phase‑2 of Waste Heat Recovery System at Chittapur; the WHRS is operating at full capacity contributing to green energy goals.

• Commissioned 3.7 MW captive solar project supplying Jalgaon grinding unit, resulting in more than 80% green power usage at Jalgaon; additionally, significant green power purchased via exchanges for Chittapur, supporting a 50% green energy consumption target by 2030.

• Achieved maximum licensed capacity production at Chittapur in FY 2024–25; continued premiumisation lifted realisations, with premium brands exceeding 25% of trade and 11% of total sales despite demand headwinds.

• Awards: Ranked among India’s Best Companies to Work For 2024 (Top 50) and Best in Cement & Building Materials by Great Place To Work; recognised as one of India’s Top 500 Value Creators 2024 by Dun & Bradstreet; won Best Digital Strategy—Delivering Business Value (Cement Manufacturing) at Technology Excellence Awards 2025; multiple plant‑level safety and energy efficiency awards from CII, Greentech, Apex India and others during FY 2024–25.