Sri Vishnu Cement Ltd


BSE: 518018 | NSE: SRIVISHCEM | ISIN: INE286B01015 
Market Cap: [Rs.Cr.] 353 | Face Value: [Rs.] 10
Industry: Cement - South India

 Discuss this stock

Company Profile

Sri Vishnu Cements (SVCL), a part of Raasi Group of Companies, was promoted by K S N Raju in association with Andhra Pradesh Industrial Development Corporation. The company manufactures portland cement. A few months after the production of cement commenced, it faced a major power cut as high as 60%, forcing it to stop the main plant and keep only the cement mill running to maintain the despatches of 100-200 tpd. During 1987, the overall working was affected by heavy power cuts and the factory was closed for three months. Only during the later part of 1987, did the situation improve slightly. During 1988-89, the production showed a substantial increase. To combat the power problem, SVCL installed four Skoda DG sets. The company continued to suffer losses due to steep increase in input costs and drastic reduction in the selling prices on account of surplus production in the market. During 1991-92, for the first time since inception, the company achieved full rated capacity for clinker. The entire production of cement was sold. The profit margins, though, continued to be under stress due to increase in the cost of inputs and erratic power supply. During 1992-93, it achieved 108% capacity utilisation but the operations suffered on account of cut-back in government expenditure on civil projects and the hike in the costs of production and distribution. During 1989-90, it became a sick unit and was referred to the Board for Industrial and Financial Reconstruction (BIFR). In 1992, BIFR sanctioned a rehabilitation package for its revival. The India Cements and its subsidiary namely ICL Securities have accquired 94% of the share capital of the company from the old management and also by way of open offer made to share holders of the company. The company is now a subsidiary of ICL Securities and in turn a subsidiary of India Cements. After the upgradation of the cement plant at Sitapuram, whereby the capacity of the klin is being increased from 2700 TPD to 3400 TPD. The company is now in a position to produce 13 lakh tonnes of cement. During the first two months ended May 2001, clinker production was 0.51 lakhs tonnes as against 1.19 lakh tonnes of the corresponding previous year period. While cement production was at 1.02 lakh tonnes as against 1.41 lakh tonnes in April - May 2000, sales was 0.98 lakh tonnes as against 1.45 lakh tonnes.

Related News

 
No Related News

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
The Ramco Cement 5,189.59 29.35 2.19 8.21 18.3 14.6 1.22
Chettinad Cement 2,710.48 20.19 2.27 5.75 12.1 11.9 0.92
India Cements 2,168.69 103.82 0.59 6.64 4.5 8.4 0.79
Orient Cement 1,052.16 8.82 1.39 0.00 42.8 56.7 0.20
K C P 412.48 50.79 1.15 6.07 8.9 11.5 0.97
Sri Vishnu Cem. 352.87 6.94 5.90 0.00 102.2 79.7 0.91
Sagar Cements 321.72 0.00 1.21 8.89 2.1 7.2 0.82
Andhra Cements 191.38 0.00 0.66 0.00 0.0 0.0 1.65
Deccan Cements 117.60 0.00 0.52 5.05 3.3 8.9 1.12
Anjani Portland 107.58 0.00 1.34 5.08 3.9 12.4 3.00
NCL Inds. 86.48 0.00 0.49 5.36 -6.3 5.9 1.32
Kakatiya Cement 64.26 6.03 0.39 1.32 10.1 14.7 0.00
Panyam Cement 53.03 0.00 1.56 3.62 -41.2 -3.5 3.99
Shiva Cement 39.64 21.20 0.43 6.50 2.9 6.1 0.21
Bheema Cements 31.80 0.00 0.29 20.37 0.0 0.0 1.22

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
View detailed F& O quotes >>

Key Information

Key Executives:

S K Poddar , Chairman 

G L Seifert , Director 

M Caneppele , Managing Director 

Sudhir P , Company Secretary 


Company Head Office / Quarters:
461 Post Box No.1535 Strt No10,
Suryanagar Somjiguda,
Hyderabad,
Andhra Pradesh-500082
Phone : 91-040-23411820 / 821
Fax :
E-mail :
Web : http://
Registrars:
Karvy Computershare Pvt Ltd
Karvy House 46
Road No 4 Street No1
Banjara Hills
Hyderabad - 500034No 461 Post Box 1515
Strt No10 Suryanagar
Somajiguda
Hyderabad - 500 082

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

Apr-2014
M T W T F S S
21 22 23 24 25 26 27
IPO
listIssue Closing : Wonderla Holiday
Economic Events
list Corporate Service Price (YoY)
list Foreign Buying Japan Bonds (Yen)
Results
list Supreme Inds. | M & M Financial | UltraTech Cem. | Yes Bank