Ramco Cements Ltd, previously known as MCL, is the collaborated Company of the Ramco groups of work. It is the major Company dealing with blended cement in the south. This Company is the 5th largest producer of cement in the country. The main product is the Portland Cement, which is manufactured in the Integrated Cement plants and Grinding units with a gross production capability of 16.5 million MTPA. From 1997, the Company has been a forerunner in the production of cement.
The Company helps in the building of houses all over the country and other constructions which are not quite in commercial businesses. It uses electricity produced from the windmills and the thermal power plants. It is also involved in the trading of this electricity. However, this business flourishes only when there is electricity left after the consumption in its captive requirements.
About Company Information:
The Company came into effect in 1957. The Company took away the four mills from another old company which had the Mills for twenty years and combined them into one. The mill opened in 1985. The project was assigned in 1986, and new units were added to produce power in Jayanthipuram. In 1992, a new windmill was introduced to increase productivity. Asia's largest set up in Private Sector was made.
In 1993, 16 wind Mills were commissioned, and eight wind turbines were added in the sector to produce 6 MW of power. In 1994, MCL had upgraded its capacity in a few sectors. Seventy more Mills were added.
In 1997, MCL created the third plant in Alathiyur. The clinker plant and grinder unit were introduced. By 1998, the Company joined with the Ready Mix Concrete Business and made a tie-up with VSP for the production of slag. On 15 April 1999, they tied up with GAIL for gas and fuel supply. They tied up with ONGC for even more fuel and Vizag Steel Plant for the supply of slag. By 2000, the capacity of the Alathiyur unit came up to 0.2 million TPA.
During January 2001, a new unit was commissioned at Alathiyur with a capacity of 15 lac tonnes. There was the instalment of the segment to a cooler, new cooler, a modern calciner and a modifying preheat cyclone. In 2003, the aid of M.Tec, Germany had given rise to a new unit to produce high tech products like render, skim coat and dry concrete in Sriperumbudur. During 2004-05, a 36 MW plant was commissioned in Alathiyur, which became the first example in India to modernise mine operations.
In 2007, the Company decided to start units in Tamil Nadu, Andhra Pradesh and West Bengal. In October, the grinding mill of Kolaghat, West Bengal fetched a capital of Rs 1.05 billion. The Company began investing in sugar, power services, textiles and pharmaceuticals. During March 2008, the Company invested 15.24 billion to increase its capacity. The board decided to create an entirely different subsidiary group for the allied products of the Company. The unit was named as Madras Sugars Ltd, which came into effect on 27 October 2007.
In 2009, the Tamil Nadu plant began to operate with a capacity of 2 MTPA. In 2012, the capacity of another 2 MPTA was issued. In2013, the Board of Madras Cement decides to invest the subsidiary company to produce 23.23 MW of power. The total wind capacity of the Company became 159.19 MW. On 29 July 2013, a resolution passed to change the name from MCL to The Ramco Cements Limited.
On 27 January 2016, Ramco Cements was allotted to the Links Logistics Limited to join the business in the logistic field. On 16 June 2016, the Company was declared to be stable by ICRA. On 7 February 2017, the Buyback proposal was approved by the board which wanted fully paid equity shares for a gross amount of Rs.180 crores from all shareholders excluding people acting through open market purchases like promoters. 16 August 2017, share buyback closed.
In March 2018, Ramco Cements a new cement grinding machine was introduced. The plant grinds 0.2 MTPA of cement and is located in Kharagpur, West Bengal.
How Ramco Cements Ltd, is categorised as Cement Sector, and Cement Industry :
The Cement Industry is a section that includes companies that deal with housing and infrastructure field by supplying the materials required. Ramco Cements Ltd is categorized under Cement Industry and Cement Sector stocks. The Indian cement industry is the second-largest market after China. As of November 2018, it had a total cement production volume of about 455 million tonnes (MT).
As the housing and real estate sector is creating the most significant demand for Cement, 65% of the total consumption is occurring in India. The other significant consumers of Cement include public infrastructure at 20% and industrial development at 15%. With a high correlation with GDP, Cement is a cyclical commodity.
The demand for Cement is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025. The cement industry is currently producing 280 MT for meetings it is domestic demand and 5 MT for exports requirement.
Cement is a freight intensive industry and transporting it over long distances can prove to be uneconomical, especially it's a bulk commodity. Due to this reason, the Cement industry is divided into five central regions viz. north, south, west, east and the central area. Among these, the Southern part of India has the highest installed capacity, which is accounting for about one-third of the country's total installed cement capacity.
Ramco Cements Ltd, Competitors and Sector Peers:
Andhra Cements Ltd. ANDCEM
Anjani Portland Cement Ltd. ANJPOR
Barak Valley Cements Ltd. BARVAL
Bheema Cements Ltd. CKOCEM
Birla Corporation Ltd. BIRCOR
Burnpur Cement Ltd. BURCEM
Century Textiles & Industries Ltd. CENTEX
Chettinad Cement Corporation Ltd. CHETCE
Deccan Cements Ltd. DECCEM
Gujarat Sidhee Cement Ltd. GUJSID
Heidelberg Cement India Ltd. MYSCEM
JK Lakshmi Cement Ltd. JKLAKC
Kakatiya Cement Sugar & Industries Ltd. KAKCEM
Kalyanpur Cement Ltd. KALYCE
Keerthi Industries Ltd. KEEIND
Lakshmi Cement & Ceramics Industries Ltd. LAKCEM
Mahendra Cements Ltd. MAHCEM
Mangalam Cement Ltd. MANCEM
Murli Industries Ltd. MURLIN
NCL Industries Ltd. NCLIND
Orient Cement Ltd. ORICEM
Panchmahal Cement Ltd. PANCEM
Panyam Cements & Mineral Industries Ltd. PANYCE
Prism Johnson Ltd. PRICEM
Rain Industries Ltd. RAINCO
Sagar Cements Ltd. SAGCEM
Samruddhi Cement Ltd.[Merged] SAMCEM
Saurashtra Cements Ltd. SAUCEM
Shree Cements Ltd. SHRECE
Shree Digvijay Cement Company Ltd. SHRDIG
Shri Keshav Cements & Infra Ltd. KATUDY
Sri Chakra Cement Ltd. SRICHA
Trinetra Cement Ltd. INDZIN
Udaipur Cement Works Ltd. JKUDAU
UltraTech Cement Ltd. ULTCEM
UltraTech Nathdwara Cement Ltd. BINCEM
Vinay Cements Ltd. VINCEM
