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29790 | 1 | 19 |
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Shree Cement Limited was established in 1979 and functions as one of the main cement manufacturers in India with integrated mining facilities and manufacturing and distribution operations of cement and clinker products together with expanding Ready-Mix Concrete (RMC) operations. The company maintains a product range that includes Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and Composite Cement (CC) and Ordinary Portland Cement (OPC) and produces AAC blocks while marketing Bangur Shree Jung Rodhak, Bangur Powermax, Bangur Rockstrong, Bangur Magna and Bangur Marble.
The Indian operations of the company comprise six integrated cement plants and ten grinding facilities which provide products to 19 states and 4 union territories while the group maintains manufacturing facilities in Purulia West Bengal and Ras-Al-Khaimah United Arab Emirates. The company operated eight operational limestone mines.
In the latest period the company achieved a 3 MTPA cement capacity expansion during FY 2024–25 followed by the April 2025 opening of two new plants at Baloda Bazar in Chhattisgarh and Etah in Uttar Pradesh along with four plants under active development and the expansion of its RMC business through nine operational commercial units. The total cement production capacity of Shree Cement in India reached 56.40 MTPA in FY 2024–25 (including capacity in a wholly-owned subsidiary) while expanding to 62.80 MTPA after April 2025 commissioning and the total power generation capacity reached 1,085 MW including 582 MW of green power (WHR, wind and solar).
Recognitions: Awards included Highest Taxpayer in Rajasthan for FY 2023–24, Mine Safety Award 2024 (national honour), a ninth consecutive CII SCALE Award for supply chain, Great Place to Work certification (March 2025–March 2026), and “Most Sustainable Cement Company of the Year” by EQ International, among others.
Shree Cement produces cement products for sale and operates Ready-Mix Concrete businesses. The company offers OPC, PPC, PSC and CC products alongside AAC blocks through its consolidated brand line-up under the “Bangur”.
The company maintains six integrated cement plant locations and ten grinding unit locations throughout India which serve the 19 States and 4 Union Territories. The consolidated operations consist of manufacturing sites in Purulia (West Bengal) and Ras-Al-Khaimah (UAE) .
Seven subsidiaries existed within the consolidated financial statements during the period ending March 31, 2025. The company underwent NCLT-approved mergers and subsidiary dissolutions in FY 2024–25 and April 2025.