Shree Cement Ltd - Company Profile
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Business Description
Shree Cement Ltd (Shree Cement) is a cement manufacturing company. It has major manufacturing facilities in various Indian states such as Beawar, Ras, Khushkhera, Suratgarh, and Jaipur in Rajasthan; Roorkee, Uttarakhand; Panipat, Haryana; Bulandshahr, Uttar Pradesh; Aurangabad, Maharashtra; Baloda Bazar, Chhattisgarh; Kodla, Karnataka; Cuttack, Odisha; and Patas, Maharashtra.
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R&D Overview
Shree Cement conducts R&D activities through its four innovation centers located in Bewar and Ras, Rajasthan; Baloda Bazar, Chhattisgarh and Kodla, Karnataka. Through R&D initiatives, it aims to establish a unique brand identity. To reinforce its R&D capabilities, the company partners with agencies, governmental bodies, and academic institutions. It focuses on developing diverse categories of cement, promoting the use of Alternative Fuels and Raw Materials (AFR) to enhance energy efficiency, decrease CO2 emissions, and enhance profitability. Some of its recent advancements include Robo Analysis and Auto-Sampling for consistent product testing. In FY2023, the company spent INR378.3 million on R&D activities, which as a percentage of revenue stood at 0.2%.
Geographical Segments
Performance
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Performance
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