India Cements Financial Study 2011

Financial Accounting Analysis of India cements Ltd. 1. caller Overview India cementums Limited (ICL) is a cementum manufacturing company in India. It was accomplished in the year 1946 and the cook up specify was set up at Sankarnagar in Tamil Nadu in 1949. Since then it has big(p) in stature to septenary plants spread over Tamil Nadu and Andhra Pradesh thereby catering to major(ip) markets in South India and Maharashtra. The company has of late commissioned a plant in Rajasthan to tap the northern markets. The capacities of its plants, as on border district 2011, have reached 15.6 million lashings per annum. It is the market loss attraction with a market parcel of land of 28% in the South. A. remark segments of business Although the primary business of India Cements Ltd. Is the take of cement/ clinker, the organization also has several subsidiary and associated companies such as ICL Securities Ltd, ICL Financial hold in Ltd, Trishul Concrete Products Ltd, Coromandel Sugars Ltd, Coromandel Electric keep company Ltd, Coromandel Travels Limited etc. closely of the major brands of the company atomic number 18 Coromandel King, Coromandel tiptop Power. circumstantially, the company owns the Chennai topnotch Kings team which has been playing in the India Premier League (IPL) since 2008. B.

Indian Cement Industry India is the worlds second largest producer of cement. Cement is also one of the sextet core industries of India. The increase in cement take extraneous over the in the wipeout few old advance has been driven by unfluctuating submit from housing sector, commercial-grade social organisation and increased thrust on infrastructure projects. The house consideration cement industry has witnessed a growth of ~8.0% CAGR over the go ten years. The effective talent of India stands at the end of FY 2011 stands at 272 Million Tonnes (MT) with a come up production of around 208 MT. incidentally the average capacity utilisation was above 90% from FY 07 FY 09. The south region, where India Cement operates, is presently lining a huge demand supply mismatch. This region has an effective...If you fate to get a full-bodied essay, order it on our website: Ordercustompaper.com

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