India Cements
Manufacturer and supplier of cements and allied products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $156m Valuation: $478m 0.7x EV/Revenue 21.5x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| INR | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 8 % | 15 % | (9 %) | (19 %) | 7 % | 10 % | 10 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 11 % | (2 %) | 3 % | (7 %) | 8 % | 11 % | 16 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | (2 %) | (4 %) | (3 %) | (1 %) | 2 % | 7 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
India Cements was founded in 1946 by two visionary entrepreneurs, S. N. N. Sankaralinga Iyer and T. S. Narayanaswami, in the pre-independence era of India. The company was established with the aim of providing a reliable supply of cement to the southern regions of India, a mission that would lay the groundwork for its future growth.
In its early years, India Cements focused on expanding its production capacity and establishing a strong distribution network. This strategy paid off as the company quickly became a key player in the Indian cement industry. By the 1950s, India Cements had set up its first cement plant, marking the beginning of its journey as a major cement producer.
Over the decades, India Cements continued to grow, adapting to the changing demands of the market and embracing new technologies to improve efficiency and product quality. A significant milestone in its journey was the public listing of the company, which provided the necessary capital to fuel further expansion and modernization.
Today, India Cements stands as one of the leading cement manufacturers in India, with a strong presence in the southern part of the country. The company has not only contributed to the infrastructure development of India but has also played a role in the economic growth of the region. Its journey from a small startup to a major industry player is a testament to the vision and determination of its founders.