About Saifco Cements
Saifco Cements is a Real Estate & Construction company based in Srinagar (India) founded in 1997, and was acquired by JK Cement in January 2025. Cement manufacturer and supplier. The company has 214 employees. Its Indian entity J. K. Cement Saifco Private Limited reported revenue of ₹81.78 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Cement. Its competitors include Sagar Cements, Dalmia Bharat and JSW Cement; 1 of its 3 listed competitors has raised funding.
Company details
Saifco Cements was established in 1997 in Srinagar, India, within the construction materials sector. Operations center on the production and distribution of cement products, including 43 Grade and 53 Grade variants, primarily in the Kashmir region. A partnership with JKCement has been formed to broaden market reach. Quality standards and regional infrastructure needs are addressed through these activities.
- Headquarters Srinagar, India
- Employees 214
- Stage Acquired
- SectorsReal Estate & Construction
- Website saifcocements.com
- Acquired by JK Cement (Jan 2025)
- Legal Name Saifco Cements Private Limited
- Date of Incorporation 19 Feb, 1997
- Jurisdiction Jawahar Nagar, Jammu and Kashmir, India
Associated legal entities of Saifco Cements
Saifco Cements operates through J. K. Cement Saifco Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| J. K. Cement Saifco Private Limited CIN U26959JK1997PTC001614 | Active | 19 Feb 1997 | Srinagar, Jammu and Kashmir | ₹81.8 Cr | 214 | 9 | View details |
Investors in Saifco Cements
Saifco Cements has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include JK Cement.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | jkcement.com | Kanpur, India |
Investor details for Saifco Cements
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of J. K. Cement Saifco Private Limited (Saifco Cements)
J. K. Cement Saifco Private Limited is the primary company behind Saifco Cements. The board of J. K. Cement Saifco Private Limited currently have 7 directors; the longest-serving is Suhail Manzoor Guna, appointed in 1997. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suhail Manzoor Guna DIN 01215105 | Director | 19 Feb 1997 | 29 yrs 8 mo | J. K. Cement Saifco Private Limited |
| Dawood Altaf Guna DIN 07669920 | Director | 06 Jun 2025 | 1 yr 5 mo | J. K. Cement Saifco Private Limited |
| Raghavpat Singhania DIN 02426556 | Director | 06 Jun 2025 | 1 yr 5 mo | J. K. Cement Saifco Private Limited |
| Amit Kothari DIN 10650287 | Director | 06 Jun 2025 | 1 yr 5 mo | J. K. Cement Saifco Private Limited |
| Madhavkrishna Singhania DIN 07022433 | Director | 06 Jun 2025 | 1 yr 5 mo | J. K. Cement Saifco Private Limited |
| Mudit Aggarwal DIN 07374870 | Additional Director | 17 Jul 2025 | 1 yr 3 mo | J. K. Cement Saifco Private Limited |
| Deepa Gopalan Wadhwa DIN 07862942 | Additional Director | 17 Jul 2025 | 1 yr 3 mo | J. K. Cement Saifco Private Limited |
Financials of Saifco Cements
Figures of J. K. Cement Saifco Private Limited, the primary company behind Saifco Cements, for FY 2025. Revenue was ₹81.78 Cr (-15% year on year). Net loss was -₹76.29 Cr (-93% margin). EBITDA was -₹63.23 Cr (-77% margin). Revenue has grown at a compounded annual rate of 0% over three years and +12% over five years.
- ₹81.78 CrRevenue · FY 2025 · -15% YoY
- -₹76.29 CrNet loss · -93% margin
- -₹63.23 CrEBITDA · -77% margin
- ₹107 CrPaid-up capital
- 214Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of J. K. Cement Saifco Private Limited are on its company page.
Detailed financial statements for Saifco Cements
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Saifco Cements
2 dated milestones of Saifco Cements across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Saifco Cements is founded.
- Exit Acquired by JK Cement.
Competitors of Saifco Cements
Saifco Cements has 3 listed competitors in our database, 1 of them funded. They include Sagar Cements, Dalmia Bharat and JSW Cement.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sagarcements.in | 1985 | Hyderabad, India | 815 | Cement production is managed by Sagar Cements in India. | ||
| dalmiabharat.com | 1939 | Delhi, India | 39 | Cement and sugar are produced by Dalmia Bharat. | ||
| jswcement.in | 2009 | Mumbai, India | $193.28M | 1,296 | Cement, aggregates, additives, and ready-mix concrete are manufactured. |
Detailed competitors of Saifco Cements
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Building Materials
3 companies that operate in the same segment as Saifco Cements (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 9,047 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Saifco Cements
Complete news archive for Saifco Cements
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saifco Cements
Saifco Cements was founded in 1997.
Saifco Cements is headquartered in Srinagar, India. It is registered at Srinagar, Jammu And Kashmir, India.
Saifco Cements has 214 employees.
The primary company behind Saifco Cements, J. K. Cement Saifco Private Limited, reported revenue of ₹81.78 Cr for FY 2025, down 15% year on year.
Saifco Cements was established in 1997 in Srinagar, India, within the construction materials sector. Operations center on the production and distribution of cement products, including 43 Grade and 53 Grade variants, primarily in the Kashmir region. A partnership with JKCement has been formed to broaden market reach. Quality standards and regional infrastructure needs are addressed through these activities.
Saifco Cements's top competitors include Sagar Cements, JSW Cement and Dalmia Bharat.
Saifco Cements has 1 investor. Key investors include JK Cement.
Saifco Cements operates through J. K. Cement Saifco Private Limited.
Yes. Saifco Cements was acquired by JK Cement in January 2025.
The legal entities of Saifco Cements currently have 9 directors, including Dawood Altaf Guna, Raghavpat Singhania, Amit Kothari and others.