- Business
- Shree Cement Limited Shree Cement Limited engages primarily in the manufacturing and marketing of cement and related products in India. The company produces a range of cement varieties including ordinary Portland cement, Portland Pozzolana cement, Portland slag cement, and ground granulated blast-furnace slag-based cement under brands such as Shree Jung Rodhak, Bangur, and Rockstrong; it also generates power for captive use with a capacity exceeding 740 megawatts, including significant green power contributions, and operates ready mix concrete plants under the Bangur Concrete brand following its entry into the segment. Shree Cement maintains manufacturing facilities across approximately six states in North and East India, including Rajasthan, Uttarakhand, Bihar, Haryana, Chhattisgarh, Uttar Pradesh, and expansions into West Bengal, Odisha, and Karnataka, serving infrastructure, housing, and commercial construction markets with a total cement production capacity surpassing 62 million tonnes per annum.
Founded in 1979 and headquartered in Kolkata, West Bengal, the company operates through subsidiaries like Shree Global Pte. Ltd. and has a trading division for third-party cement and clinker transactions, alongside synthetic gypsum production for sustainable inputs.
In recent developments, Shree Cement commissioned two new grinding units in Etah, Uttar Pradesh, and Baloda Bazar, Chhattisgarh, in April 2025, elevating its capacity to 62.8 million tonnes per annum, and activated a 3.65 million tonnes clinkerisation unit at its integrated plant in Jaitaran, Beawar, Rajasthan, on September 30, 2025; it plans further integrated units in Rajasthan and Karnataka by mid-fiscal 2026 to reach 71.8 million tonnes, targeting over 80 million tonnes by fiscal 2028, while enhancing green power to 582 megawatts by Q4 fiscal 2025. The company signed memorandums of understanding with the Bihar government in 2024 for a 2 million tonnes plant in North-East Bihar and committed Rs. 2,000 crore for dual 3.5 million tonnes facilities in Etah and Prayagraj, Uttar Pradesh; it also launched its first greenfield ready mix concrete plant in Hyderabad and acquired operational plants in Mumbai Metropolitan Region from StarCrete LLP for Rs. 33.50 crore in 2024 to diversify into value-added products. In May 2025, Shree Cement received a CARE ESG 1 rating, underscoring its sustainability focus amid capacity expansions at a projected 12% compound annual growth rate.