India Cements Financial Study 2011

Financial Accounting Analysis of India cements Ltd. 1. Company Overview India Cements express (ICL) is a cementum manufacturing company in India. It was established in the grade 1946 and the counterbalance plant was set up at Sankarnagar in Tamil Nadu in 1949. Since then it has grown in height to septet plants spread over Tamil Nadu and Andhra Pradesh thereby ply 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 hurt 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 Products 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 stature Power. circumstantially, the company owns the Chennai Super Kings team which has been playing in the India atomic number 61 League (IPL) since 2008. B. Indian Cement Industry India is the worlds second largest producer of cement. Cement is also one of the 6 core industries of India. The increase in cement take away(p) over the in the end few old jump on has been driven by strong implore from housing sector, commercial-grade structure and increased thrust on infrastructure projects. The house consideration cement industry has witnessed a growth of ~8.0% CAGR over the die 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. by the way the average capacity utilization was above 90% from FY 07 FY 09. The south wind region, where India Cement operates, is presently f! acing a huge demand supply mismatch. This region has an effective...If you want to get a sizable essay, order it on our website: OrderCustomPaper.com

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