India Cements Financial Study 2011

Financial Accounting Analysis of India cementums Ltd. 1. Company Overview India Cements modified (ICL) is a cementum manufacturing company in India. It was established in the course of instruction 1946 and the counterbalance plant was set up at Sankarnagar in Tamil Nadu in 1949. Since then it has grown in meridian to septet plants spread over Tamil Nadu and Andhra Pradesh thereby supply 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 exhalation 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 Produc ts Ltd, Coromandel Sugars Ltd, Coromandel Electric Company Ltd, Coromandel Travels Limited etc. well-nigh of the major brands of the company are Coromandel King, Coromandel topnotch Power. circumstantially, the company owns the Chennai Super Kings team which has been playing in the India promethium League (IPL) since 2008. B.

Indian Cement Industry India is the worlds second largest producer of cement. Cement is also one of the six core industries of India. The increase in cement take remote over the in the end few old while has been driven by strong indigence from housing sector, commercial-grade wi nd and increased thrust on infrastructure pr! ojects. The house handmaid cement industry has witnessed a growth of ~8.0% CAGR over the polish 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. circumstantially the average capacity utilization was above 90% from FY 07 FY 09. The southern region, where India Cement operates, is presently facing a huge demand supply mismatch. This region has an effective...If you want to get a replete essay, order it on our website: OrderCustomPaper.com

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