About Shree Cement Ltd
Shree Cement Ltd. emerges as a formidable force in India’s building materials landscape, tracing its roots back to 1979. Strategically positioned with its headquarters in Beawar, Rajasthan, and a corporate nerve centre in Kolkata, West Bengal, the company has transformed from a regional player to a national cement manufacturing powerhouse.
The top promoters of Shree Cement are Shree Capital Services Ltd and Digvijay Finlease Limited. They own 24.90% and 11.74% of the company’s total equity, respectively. The Bangur family is at the helm of the organization. The company is led by the Chairman, Benu Gopal Bangur, while Hari Mohan Bangur holds the position of Managing Director. They have been instrumental in driving the company’s remarkable growth trajectory. There are also other managerial promoters who have contributed to the success of the company. They are
The management team’s leadership has propelled Shree Cement to become the third-largest cement producer in India by capacity and the second-largest by market cap.
The company’s product portfolio extends beyond traditional cement offerings. It features distinguished brands like Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak, demonstrating their strategic diversification. Shree Cement has also ventured into power generation through Shree Power. These offerings as a whole showcase the company’s commitment to integrated business solutions.
With an impressive installed cement production capacity of 50.4 million tonnes per annum (MTPA), Shree Cement has established itself as a significant player in the building materials sector. The company’s success is underpinned by a relentless focus on innovation and sustainable manufacturing practices.
The registered office of Shree Cement is located at Bangur Nagar, Ajmer District, Rajasthan. Meanwhile, the registrars are based in L.B.S. Marg, Vikhroli (West), Mumbai.
Overall, Shree Cement’s journey represents more than a business success story. It embodies the transformation of India’s building materials industry through vision, innovation, and sustainable practices.
From its humble beginnings in 1979, Shree Cement has come a long way. The company’s initial focus was on producing high-quality cement to cater to the growing construction needs of India. Over the years, Shree Cement expanded its production capacity and diversified its product portfolio to include various types of cement, such as Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak. This diversification allowed the company to cater to different market segments.
One of the key factors behind Shree Cement’s success has been its strategic investments in technology and infrastructure. The company has invested in new manufacturing facilities to enhance its production capabilities. Additionally, Shree Cement has adopted innovative technologies to optimize its operations and reduce costs. These investments have enabled the company to improve its overall efficiency.
Shree Cement’s strategic vision has enabled it to become the third-largest cement producer in India by capacity and the second-largest by market capitalization. The company has an installed cement production capacity of 50.4 million tonnes per annum (MTPA). This strong market position is a result of Shree Cement’s focus on innovation and customer satisfaction. It also showcases the company’s ability to adapt to changing market conditions and respond to their customers' needs.
Innovation is at the heart of Shree Cement’s product development strategy. The company continuously works on developing new and improved products to meet the evolving needs of its customers. For example, Shree Ultra Jung Rodhak cement is designed to offer superior corrosion resistance. This makes it ideal for construction in coastal areas. Similarly, Bangur Cement and Rockstrong Cement are known for their high strength and durability, making them popular choices for various construction projects. As a result, Shree Cement ensures that it remains a preferred choice among customers.
Shree Cement’s commitment to operational efficiency has been a critical factor in its success. The company has implemented various measures to streamline its operations and reduce costs. For instance, Shree Cement uses advanced process automation and control systems to optimize its manufacturing processes. The company has adopted lean manufacturing principles to minimize waste and improve productivity. These initiatives have helped Shree Cement maintain its competitive edge.
The success of Shree Cement can be attributed to its strong leadership and visionary management team. The company is led by the Bangur family, with Benu Gopal Bangur serving as the Executive Chairman and Hari Mohan Bangur as the Managing Director. Under their leadership, Shree Cement has grown from a small regional player to a national leader in the cement industry. The management team’s focus on strategic planning and customer-centricity has been instrumental in driving the company’s growth and success.
The top promoters of Shree Cement are Shree Capital Services Ltd and Digvijay Finlease Limited. They own 24.90% and 11.74% of the company’s total equity, respectively. The Bangur family is at the helm of the organization. The company is led by the Chairman, Benu Gopal Bangur, while Hari Mohan Bangur holds the position of Managing Director. They have been instrumental in driving the company’s remarkable growth trajectory. There are also other managerial promoters who have contributed to the success of the company. They are
-
Neeraj Akhoury
-
Zubair Ahmed
-
Shreekant Somany
The management team’s leadership has propelled Shree Cement to become the third-largest cement producer in India by capacity and the second-largest by market cap.
The company’s product portfolio extends beyond traditional cement offerings. It features distinguished brands like Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak, demonstrating their strategic diversification. Shree Cement has also ventured into power generation through Shree Power. These offerings as a whole showcase the company’s commitment to integrated business solutions.
With an impressive installed cement production capacity of 50.4 million tonnes per annum (MTPA), Shree Cement has established itself as a significant player in the building materials sector. The company’s success is underpinned by a relentless focus on innovation and sustainable manufacturing practices.
The registered office of Shree Cement is located at Bangur Nagar, Ajmer District, Rajasthan. Meanwhile, the registrars are based in L.B.S. Marg, Vikhroli (West), Mumbai.
Overall, Shree Cement’s journey represents more than a business success story. It embodies the transformation of India’s building materials industry through vision, innovation, and sustainable practices.
Foundations of Success - Shree Cement’s Strategic Vision
Shree Cement Ltd. has established itself as a leading player in the Indian cement industry thanks to its strategic vision and relentless pursuit of excellence. Founded in 1979, the company has grown significantly. Shree Cement’s journey is a testament to its innovative approach and focus on operational efficiency.From its humble beginnings in 1979, Shree Cement has come a long way. The company’s initial focus was on producing high-quality cement to cater to the growing construction needs of India. Over the years, Shree Cement expanded its production capacity and diversified its product portfolio to include various types of cement, such as Bangur Cement, Rockstrong, and Shree Ultra Jung Rodhak. This diversification allowed the company to cater to different market segments.
One of the key factors behind Shree Cement’s success has been its strategic investments in technology and infrastructure. The company has invested in new manufacturing facilities to enhance its production capabilities. Additionally, Shree Cement has adopted innovative technologies to optimize its operations and reduce costs. These investments have enabled the company to improve its overall efficiency.
Shree Cement’s strategic vision has enabled it to become the third-largest cement producer in India by capacity and the second-largest by market capitalization. The company has an installed cement production capacity of 50.4 million tonnes per annum (MTPA). This strong market position is a result of Shree Cement’s focus on innovation and customer satisfaction. It also showcases the company’s ability to adapt to changing market conditions and respond to their customers' needs.
Innovation is at the heart of Shree Cement’s product development strategy. The company continuously works on developing new and improved products to meet the evolving needs of its customers. For example, Shree Ultra Jung Rodhak cement is designed to offer superior corrosion resistance. This makes it ideal for construction in coastal areas. Similarly, Bangur Cement and Rockstrong Cement are known for their high strength and durability, making them popular choices for various construction projects. As a result, Shree Cement ensures that it remains a preferred choice among customers.
Shree Cement’s commitment to operational efficiency has been a critical factor in its success. The company has implemented various measures to streamline its operations and reduce costs. For instance, Shree Cement uses advanced process automation and control systems to optimize its manufacturing processes. The company has adopted lean manufacturing principles to minimize waste and improve productivity. These initiatives have helped Shree Cement maintain its competitive edge.
The success of Shree Cement can be attributed to its strong leadership and visionary management team. The company is led by the Bangur family, with Benu Gopal Bangur serving as the Executive Chairman and Hari Mohan Bangur as the Managing Director. Under their leadership, Shree Cement has grown from a small regional player to a national leader in the cement industry. The management team’s focus on strategic planning and customer-centricity has been instrumental in driving the company’s growth and success.
Know More
