Company BackgroundCompany Background
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED
q Incorporated in 1979 by renowned Bangur family based out of Kolkata
q Set-up first Cement Plant in 1985 with installed capacity of 0.6 Mtpa. Today Total Cement Capacity of the Company is 29.30 Million ton
q Came out with a Public Issue in the year 1984. Listed on National Stock Exchange (“NSE”) and Bombay Stock Exchange (“BSE”)
q Entered in power business with first Captive Power Plant of 36 MW in 2003. Today, total Power Capacity is 607 MW.
q Total market capitalization of Rs. 64,382 Cr. as on 12th July, 2017 and ranked at 45 th position among all listed companies in India.
q Total no of employees in 1985 were around 100. Total No. of Employees as on 31st March, 2017 were 5411.
1979-20041979-2004 2005-20092005-2009
q 1979: Incorporation of Company
q 1984: Initial Public Offer
q 1984: Listing on Bombay Stock Exchange
q 1985: Installed 0.6 MTPA Cap. Cement plant at Beawar
q 1995: increased capacity of Beawr Plant to 0.76 mtpa
q 1996: Rights Issue in ratio of 1:5
q 1997: New 1.24 MTPA Cap. Cement Plant at Beawar
q 2003: CPP of 36 MW at Beawar
q 2005: Cap of CPP increased to 42 MW at Beawar
q 2006: 1.50 MTPA Cap.
Cement Plant (U-III) at Ras
q 2007: Clinker Unit (U-IV & V) of 1.1 mtpa capacity each at Ras
q 2007: 3 MTPA Cap. Cement Grinding Unit at Khushkhera
q 2008: Clinker Units (U-VI) of 1.1 mtpa Cap at Ras
q 2007: 36 MW CPP at Ras
q 2008: 21 MW WHRP Plant at Beawar
q 2008: 18 MW CPP at Ras
q 2009: Clinker Unit (U-VII) of 1.1 mtpa Cap. at Ras
2015-20172015-20172010-20142010-2014
q 2010: 1.1 mtpa capacity U-VIII at Ras
q 2010: 25 MW WHRP Plant at Ras
q 2010: GU of 1.2 mtpa Cap. at Suratgarh
q 2010: GU of 1.8 mtpa Cap at Laksar (Rorkee)
q 2010: 100 MW CPP at Ras
q 2011: GU of 1.5 mtpa Cap at Jobner
q 2011: 1st Unit of 300 MW Power Plant at Beawar
q 2012: 2nd Unit of 300 MW Power Plant at Beawar
q 2013: Clinker Unit (U-IX) of 2.0 mtpa Cap at Ras
q 2014: Clinker Unit (U-X) 2.0 mtpa Cap at Ras
q 2014: GU of 2.0 mtpa Cap. at Aurangabad, Bihar
q 2014: 2.0 MTPA Cement Mill at Ras
q 2014: 25 MW GPP at Ras
q 2015: 2.6 MTPA Cement Mill at Raipur
q 2015: Acquisition of 1.5 Mtpa GU at Painipat
q 2015: Clinker Unit of 1.50 MTPA Cap. at Raipur
q 2016: 15 MW GPP at Raipur
q 2016: 2.0 MTPA Cement GU at Bulandshahr
q 2017: Expansion Project of GU at Aurangabad in Bihar completed which increased its capacity to 3.6 MTPA from 2.0 MTPA.
q 2017: De-bottlenecking and productivity enhancment initiatives at various units let to increase in Clinker capacity from 15.0 MTPA to 16.80 MTPA and Cement capacity from 27.2 to 29.3 MTPA.
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED Shree Cement Shree Cement Growth HistoryGrowth History
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED
SHREE JUNG RODHAK BANGUR CEMENT ROCKSTRONG CEMENT
UNIQUE PRODUCT PORTFOLIO WITH MULTIPLE BRANDSUNIQUE PRODUCT PORTFOLIO WITH MULTIPLE BRANDS
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED
As per Companies Annual Reports
FIRMLY POSITIONED FIRMLY POSITIONED AMONG PEERSAMONG PEERS
87.45
63.06
29.3025.00 16.45
15.55
UltraTech Cement* Holcim Group Shree Cement Dalmia Cement + OCL
Ramco Cement India Cements
Cement Capacity (MTPA)
* Cement Capacity in India
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDSETTING NEW BENCHMARKS FOR SUCCESSSETTING NEW BENCHMARKS FOR SUCCESS
Among the top 3 cement groups in India
Market leader in the states of Rajasthan, Delhi and Haryana
First Indian cement company to issue Corporate Sustainability Report following the highest level “A+” for
reporting triple bottom line performance
One of the lowest specific energy consumption among cement manufacturing companies in the country
Power Generation from Waste Heat : Largest capacity in Indian Cement Industry and highest capacity in
world Cement Industry ex-China
Created world record in fastest completion of 1.0 MTPA clinker capacity in 330 days against industry standard of
630 days
First Cement company in India to produce Synthetic Gypsum to replace use of natural gypsum in cement
manufacturing - Efforts recognized by GOI as proven R&D
First company in India to utilize 100% Petcoke in all its operations - Cement and Power
Fastest stabilization of cement kilns after commissioning year after years
First Cement Company in World to fetch Certified Emission Reductions (CER’s) on “optimization of
clinker” of Clean Development Mechanism Project
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDConsistent increase in Cement & Power CapacityConsistent increase in Cement & Power Capacity
05-06 06-07 07-08 08-09 09-10 10-11 13-14 14-15 15-16 16-17
3.2 4.9 6.39.1
12 13.517.5
23.625.6
29.3Cement Capacity (Mn Ton)
09-10 10-11 11-12 12-13 13-14 16-17
210 260
560 570 597 607
Power Capacity (MW)
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDSCL Financials : Shareholders’ Value CreationSCL Financials : Shareholders’ Value Creation
12-13 13-14 14-15 15-16 (9 Months)
16-17
24.1
15.5
7.6
20.517.9
RETURN ON AVG. CAPITAL EMPLOYED (%)
12-13 13-14 14-15 15-16 (9 Months)
16-17*
20 22 24 24
140DIVIDEND (Rs. per Share)
12-13 13-14 14-15 15-16(9 Months)
16-17
17491575 1482
2080
2875
1004787
426
11431339
EBIDTA & NET PROFIT (Rs. Crore)
EBIDTA Net Profit
30/06/13 30/06/14 30/06/15 31/03/16 30/06/16 31/03/17 04/07/17
16262
25245
39509 4327050670
59292.95695
61306
Market Capitalization (Rs. in Crore)
* Including "One-time Special Dividend" of Rs. 100 per share
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDSCL Financials : Profit and Loss AccountSCL Financials : Profit and Loss Account
Particulars FY13 FY14 FY15 FY16 (9 months)
FY 17
Net Sales 5590.25 5887.31 6453.57 5513.64 8429.16
Other Income 188.33 184.94 137.85 672.68 507.71 Total Income 5778.58 6072.25 6591.42 6186.32 8936.87 EBIDTA 1749.25 1574.76 1481.70 2079.59 2874.94 Depreciation & Amortisations 435.63 549.91 924.78 827.57 1214.71 Finance Cost 193.14 129.19 120.63 75.77 129.42 Profit before Tax 1119.42 815.15 400.83 1176.25 1530.81
Tax - Net Current Tax 139.48 172.93 43.48 122.14 324.13 - Prior Period Tax Expense(Net) - (95.93) (16.65) (55.34) 2.13 - Deferred Tax (Credit) / charge (24.03) (49.09) (52.33) (33.68) (134.56)Total Tax 115.45 27.91 (25.50) 33.12 191.70 Net Profit 1003.97 787.24 426.33 1143.13 1339.11 Basic and Diluted EPS (in Rs.) 288.19 225.98 122.38 328.13 384.39 Cash EPS (in Rupees) 406.34 369.74 372.81 556.02 694.45
Rs. in crore except per share data
SCL Financials : Balance SheetSCL Financials : Balance Sheet
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED
Rs. In CroresParticulars As at 30.06.13
As at 30.06.14
As at 30.06.15
As at 31.03.16
As at 31.03.17
EQUITY AND LIABILITIES
Shareholders’ Fund 3,843.65 4,710.87 5,276.40 6,845.53 7,698.14 Non-Current Liabilities 899.47 1,118.57 1,272.84 1,456.05 1,478.96 Current Liabilities 1,417.00 1,499.27 1,448.61 1,161.70 1,989.01
Total 6,160.12 7,328.71 7,997.85 9,463.28 11,166.11
ASSETS
Fixed Assets (incl. CWIP) 1,915.27 2,952.27 3,515.43 3,314.67 3,309.56
Other Non-current Assets 471.66 527.51 751.25 1,389.56 1,186.00
Investments (Current and Non-current) 2,203.29 2,244.39 1,662.61 3,030.47 4,042.60
Inventories 530.48 809.78 918.86 815.19 1,314.50
Other Current Assets 1,039.42 794.76 1,149.70 913.39 1,313.45
Total 6,160.12 7,328.71 7,997.85 9,463.28 11,166.11
Cement Cement Plant Operation Plant Operation Process: Line DiagramProcess: Line Diagram
SHREE CEMENT LIMITEDSHREE CEMENT LIMITED
14
PackingWagon & trucks
Cement silo Roller press cum Cement mill
Cement Millhopper
Clinker stock yard
KilnPreheater
Raw millsilo
Raw mill Raw mill hopper Reclaimer
StackerMines
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDCement Cement Plant Operation Process: Plant Operation Process: Cement Manufacturing ProcessCement Manufacturing Process
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDORGANIZATIONAL SET-UP ORGANIZATIONAL SET-UP
Board of Directors
Executive Management
Managing Director
Joint Managing Director
Core Committee Functional
Heads
Board Committees
Nomination cum
Remuneration Committee
Audit and Risk Management Committee
Stakeholders’ Relationship Committee
Business Operations Committee
Corporate Social and Business Responsibility
Committee
HODs and other
Subordinate Staff
Share Transfer
Committee
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDCOMPOSITION OF BOARDCOMPOSITION OF BOARD
Name of Director Nature of Directorship
Shri B.G. Bangur, Chairman Non-Independent
Shri H.M. Bangur, Managing Director
Non-Independent (Working Director)
Shri Prashant Bangur, Joint Managing Director
Non-Independent(Working Director)
Shri O. P. Setia Independent
Shri R.L. Gaggar Independent
Dr. Y.K. Alagh Independent
Shri Nitin Desai Independent
Shri Shreekant Somany Independent
Dr. Leena Srivastava Independent
Shri Sanjiv Krishnaji Shelgikar Independent
Shri Ramakant Sharma Non-Independent
2 Nos Whole Time/
Working Directors
2 Nos Non-
Executive Non
independent Directors
7 NosIndependent
Directors
Health & Family Welfare
Major activity heads Projects Beneficiaries
Women Empowerment & Development
Programme
Agriculture & Land Development
MAMTA ProjectPregnant women &
children
Shree Aadhar Project For Old age people
Education Promotion Shree Ki Pathshala Non School Going Girls
Shree Shiksha ke Saath Children who Enrolled in schools but non attending
Shree Shakti Village women
Swadhar Project Women & Girls
Farm bunding For agricultural villagers
Irrigation systems For agricultural villagers
Use of Bio Manure For agricultural villagersCommunity Development &
Environment management
Aashiyana Project For Old age peopleSmokeless Chulha For interested villagersSolar energy panels For interested villagers
Corporate Social ResponsibilitySHREE CEMENT LIMITEDSHREE CEMENT LIMITED
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDAWARDS AND ACCOLADES
5 Star Rating for Limestone Mines at Beawar and Ras for Sustainable Development by Indian Bureau of Mines, Ministry of Mines, Govt. of India
National Award for Excellence in Cost Management 2015
Environment Excellence Award 2016 by Mission Energy Foundation for Excellence in Implementation of New Environmental Norms-Existing TPPs Category
Green-Co Best Practice Award 2016 for best practices in Renewable Energy and GHG Emission Reduction by Confederation of Indian Industry (CII)
Golden Peacock EnvironmentManagement Award 2016 by the Institute of Directors , New Delhi
Sustainability Disclosure Leadership Award 2016 by the World CSR Congress
CSR Excellence Award 2017 by Govt. of Rajasthan
SHREE CEMENT LIMITEDSHREE CEMENT LIMITEDAWARDS AND ACCOLADES
National Award for Supply Chain and Logistic Excellence by CII for Logistic Excellence among Cement Companies
Golden Peacock HR Excellence Award 2016 by the Institute of Directors, New Delhi
Best Employers Award - 2015 by Employers Association of Rajasthan
Excellence in Community Impact Award by Society of Human Resource Management