Concrete

Sanjay Ladiwala, Proprietor, Tandur & Shahabad Stone Co.

Published

13 years ago

October 31, 2012

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More than a century ago, in the year 1911, my forefathers started the company, Tandur & Shahabad Stone and now we are stockist of the major cement giant, UltraTech. The annual sale of the company is 100,000 tonne. Operating all over India, we enjoy great support from the cement firms. Holding the position of Chairman, Cement Stocks and Dealers Association, Mumbai, I feel cement dealers commonly face three main issues: The first issue is that the margins have remained unchanged since last five-six years, while the costs of the dealers have gone up substantially, so the cement companies need to hike margins. The second is the bad debts faced by the dealers. The builders and the infrastructure contractors fail to pay up bills of the dealers and these bad debts have adversely impacted the business of the dealers. The third issue pertains to the legal aspect concerning the recovery of dues from defaulters. In the cement trade, the documentation of transactions is not taken care of and most of the transactions happen verbally, recovering dues poses a major problem and since the verbal transaction cannot be proved in a court of law, the outstanding dues turn into bad debts.

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

7 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

7 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

1 week ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.