- Business
- Andhra Cements Limited manufactures and sells cement and cement-related products under the Sagar Cement brand; its core offerings include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) produced at its integrated clinkerisation and grinding facilities. The company operates two manufacturing plants, Durga Cement Works (DCW) at Dachepalli in Palnadu District, Andhra Pradesh, featuring clinker production and two grinding units with abundant limestone reserves nearby, and Visakha Cement Works (VCW) at Visakhapatnam, Andhra Pradesh, a grinding unit with proximity to port and rail connectivity. Incorporated in 1936 and headquartered at Durga Cement Works, Sri Durgapuram, Dachepalli, Guntur District, Andhra Pradesh, it primarily serves markets in Andhra Pradesh and Telangana through approximately 770 authorized stockists, with additional direct and contract sales in Tamil Nadu, Karnataka, and Odisha targeting residential, government, infrastructure projects, and large consumers. As a subsidiary of Sagar Cements Limited within the Sagar Group, Andhra Cements recommenced grinding operations at DCW in April 2023 following a shutdown from February 2020 due to financial and operational challenges; Sagar Cements acquired 95% shareholding in March 2023 via a National Company Law Tribunal-approved resolution plan involving Rs 322.25 crore infusion after insolvency proceedings initiated in April 2022, with plans to expand DCW capacity to 3 million tonnes per annum by the second half of fiscal 2025 at a cost of Rs 468 crore. Its equity shares are listed on the National Stock Exchange and Bombay Stock Exchange under the ticker ACL.NS.