As on March 31, 2019, SCL was the third largest cement group in terms of cement capacity in India. The company was one of the top 50 companies in India in terms of market capitalization. SCL was founded in Ajmer, Rajasthan, in 1979 by the Bangur family based in Kolkata, West Bengal. In 1984, it became a public listed company. The company set up its first cement plant in 1985 with an installed capacity of 0.6 Million Tonnes Per Annum (MTPA). Over a period of time, it showed tremendous growth. It had 16,679 dealers and 861 depots by the end of FY18-19...

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FINANCIAL PERFORMANCE OF SHREE CEMENT LIMITED

SCL reported around a 21% growth in total income in the financial year ended March 31, 2019, from Rs. 105.49 billion in FY17-18 to Rs. 128.04 billion in FY18-19. However, total expenses also increased by 32% between FY17-18 and FY18-19. Expenses which grew by more than 50% in FY18-19 over FY17-18 included Power and Fuel (increased by 56.22%), Depreciation and Amortization Expenses (grew by 63.64%), and Finance Cost (grew by 83.23%)...