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Monday, February 11, 2013

Ambuja Cements:

  • Started in 1983 by  Narotam Sekhsaria and Suresh Neotia.
  • Earlier known as Gujarat Ambuja Cements,
  • In 2006, Holcim acquired management control by by buying more than 50% stake.
  • 5 Integrated cement manufacturing plant and 8 cement grinding units.
  • 7800 dealers and 25000 retailers across 24 states.
  • One of most efficient cement manufacturing facilities in the world.
  • Market share of 9.5% in CY 2011.
  • 1st domestic cement manufacturers to build a captive port with 3 terminals along Western coastline.
  • Owns fleet of ships for cheap transport of cement to bulk customers.
  • As on 31-Dec-2011, Debt was Rs.69.6 Cr and Cash balance Rs.2071 Cr.
  • Future capex would be funded by internal accrual.

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