India Cements Financial Study 2011

Financial Accounting Analysis of India cements Ltd. 1. Company Overview India Cements modified (ICL) is a cementum manufacturing company in India. It was established in the yr 1946 and the counterbalance plant was set up at Sankarnagar in Tamil Nadu in 1949. Since then it has grown in pinnacle to septet plants spread over Tamil Nadu and Andhra Pradesh thereby provide to major(ip) markets in South India and Maharashtra. The company has recently commissioned a plant in Rajasthan to tap the Northern markets. The capacities of its plants, as on March 2011, have reached 15.6 million tons per annum. It is the market bolshy leader with a market share of 28% in the South. A. discover segments of business Although the primary business of India Cements Ltd. Is the production of cement/ clinker, the organization excessively has several subsidiary and associated companies such as ICL Securities Ltd, ICL Financial operate Ltd, Trishul Concrete Products Ltd, Coromandel Sugar s Ltd, Coromandel Electric Company Ltd, Coromandel Travels Limited etc. well-nigh of the major brands of the company are Coromandel King, Coromandel tops(predicate) Power. circumstantially, the company owns the Chennai Super Kings team which has been playing in the India prime(a) League (IPL) since 2008. B.

Indian Cement Industry India is the worlds second largest producer of cement. Cement is also one of the vi core industries of India. The increase in cement take away over the in the end few old develop has been driven by strong beseech from housing sector, commercial-grade social organisation and increased thrust on infrastructure projects! . The house retainer cement industry has witnessed a growth of ~8.0% CAGR over the utmost(a) ten years. The effective capacity of India stands at the end of FY 2011 stands at 272 Million Tonnes (MT) with a total production of around 208 MT. apropos the average capacity utilization was above 90% from FY 07 FY 09. The southwards region, where India Cement operates, is presently facing a huge demand supply mismatch. This region has an effective...If you want to get a lavish essay, order it on our website: OrderCustomPaper.com

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