Gujarat Sidhee Cement Limited - manufacturing in Sidheegram, Gujarat, India. FY 2026 financials and compliance.
CIN L26940GJ1973PLC002245 Incorporated 29 March 1973 ROC Ahmedabad HQ Sidheegram, Gujarat, India
Merged Listed - NSE: GSCLCEMENT · BSE: 518029 Public Limited Company manufacturing
Data last updated
Revenue · FY 2022
₹703.44 Cr
▲ 24.35% YoY
Computed EBITDA · FY 2022
₹45.61 Cr
▼ 27.4% YoY
Net profit · FY 2022
₹20.17 Cr
▼ 31.15% YoY
Authorised capital
₹543.1 Cr
Registered with MCA
Paid-up capital
₹89.4 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
53 yrs
Est. 1973
Employees · EPFO
323
Latest available

About Gujarat Sidhee Cement Limited

Data last updated: 23 June 2025

Gujarat Sidhee Cement Limited was a public limited company based in Sidheegram, Gujarat, India, operated as a subsidiary of Hadra Textiles And Trading Pvt.Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in cement and cement products, a part of the broader manufacturing sector. Incorporated on 29 March 1973.

Registered with ROC Ahmedabad under CIN L26940GJ1973PLC002245. Listed on BSE: 518029 and NSE: GSCLCEMENT.

Capital: an authorised share capital of ₹543.1 Cr and a paid-up capital of ₹89.4 Cr. Formerly known as Cement Corporation of Gujarat Limited. It was led by directors including Venkatesh Satyaraj Mysore and Hemnabh Ranvir Khatau.

Last AGM: 27 July 2022. Financial statements filed for year ended 31 March 2022. Office: At Sidheegram Po Prashnawada Bo Via Sutrapada So Taluka Dist Gir Somnat, H, Gujarat, India – 362275.

As per NSE-filed standalone financials for FY 2022, the company reported a revenue of ₹703.44 Cr, a growth of 24.35% compared to the previous year. The net worth stands at ₹475.21 Cr (up 7.13% YoY).

The company had a reported workforce of approximately 323 employees prior to being dissolved. It operated as a subsidiary of Hadra Textiles And Trading Pvt.Ltd.

The company was associated with 3 brands - Mehta Group, Gujarat Sidhee Cement, Saurashtra Cement.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is hathi-sidheecements.com.

Company Details of Gujarat Sidhee Cement Limited
CIN L26940GJ1973PLC002245
Registration Number 002245
Incorporation Date 29 March 1973
ROC Ahmedabad
Listing Status Listed (BSE: 518029, NSE: GSCLCEMENT)
Company Status Amalgamated
Date of Last AGM 27 July 2022
Date of Balance Sheet 31 March 2022
Parent Company Hadra Textiles And Trading Pvt.Ltd
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    At Sidheegram Po Prashnawada Bo Via Sutrapada So Taluka Dist Gir Somnat, H, Gujarat, India – 362275
  • Industry
    Manufacturing, Cement & Cement Products
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Financials, compliance, directors, charges, ownership and filings for Gujarat Sidhee Cement Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited operates multiple associated brands including Mehta Group, Gujarat Sidhee Cement, and Saurashtra Cement. These brands represent Gujarat Sidhee Cement Limited's diversified market presence and brand portfolio.

Brand Description Website
Cement and building materials are manufactured for construction needs. mehtagroup.com
Cement and building materials are manufactured by Gujarat Sidhee Cement. gujaratsidheecementlimited.com
Cement and building materials are manufactured and supplied in India. hathi-sidheecements.com

Competitors & Alternatives of Gujarat Sidhee Cement Limited

Brands and companies operating in the same space as Gujarat Sidhee Cement Limited include Sagar Cements, JSW Cement, Wonder Cement and 7 more.

Competitor Description Location Founded
Sagar Cements Sagar Cements Cement production is managed by Sagar Cements in India. Hyderabad, India, India 1985
JSW Cement JSW Cement Cement, aggregates, additives, and ready-mix concrete are manufactured. Mumbai, India, India 2009
Wonder Cement Wonder Cement Manufacturer of cement materials Udaipur, India, India 2007
Dalmia Bharat Dalmia Bharat Cement and sugar are produced by Dalmia Bharat. Delhi, India, India 1939
Shree Cement Shree Cement Cement is manufactured and supplied by Shree Cement in India. Kolkata, India, India 1979
Ambuja Cements Ambuja Cements Cement and building materials are manufactured by Ambuja Cements. Mumbai, India, India 1983
JK Lakshmi Cement JK Lakshmi Cement Various cement variants including PPC and OPC are manufactured. Delhi, India, India 1982
UltraTech Cement UltraTech Cement Grey cement, ready-mix concrete, and white cement are manufactured. Mumbai, India, India 1983
Orient Cement Orient Cement Cement is manufactured by Orient Cement in India. Hyderabad, India, India 1979
Dalmia Cement Bharat Dalmia Cement Bharat Cement manufacturing company Delhi, India, India 1939

Business Activity of Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C13 Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities Locked
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Auditor Details of Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited is audited by BANSI S. MEHTA & CO. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
BANSI S. MEHTA & CO. Locked Locked Locked
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Complete auditor history for Gujarat Sidhee Cement Limited

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Board of Directors and KMP of Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited currently reports 14 directors and 1 key managerial person. 16 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Venkatesh Satyaraj Mysore Director 29 Oct 2010 15 Years 9 Months As last reported
Hemnabh Ranvir Khatau Director 25 Oct 2008 17 Years 9 Months As last reported
Juhi Desraj Chawla Director 31 May 2014 12 Years 2 Months As last reported
Ashwani Kumar Director 12 Feb 2019 7 Years 6 Months As last reported
Kailash Nath Bhandari Director 31 May 2014 12 Years 2 Months As last reported
Muttavarapu Nageswara Rao Director 31 May 2014 12 Years 2 Months As last reported
Showing 6 of 15 current directors and KMP. View all directors and KMP

Financials of Gujarat Sidhee Cement Limited FY 2022 filings available

Gujarat Sidhee Cement Limited reported revenue of ₹703.44 Cr (up 24.35% YoY) for FY 2022.

Revenue · FY 2022
₹703.44 Cr ▲ 24.35%
Profit · FY 2022
₹20.17 Cr ▼ 31.15%
Computed EBITDA · FY 2022
₹45.61 Cr ▼ 27.4%
Revenue₹ Cr · Standalone0250500750FY 2020: ₹585 Cr585FY 2020FY 2021: ₹566 Cr · -3.3% YoY566-3.3%FY 2021FY 2022: ₹703 Cr · +24.4% YoY703+24.4%FY 2022
Net Profit₹ Cr · Standalone0204060FY 2020: ₹42 Cr42.4FY 2020FY 2021: ₹29 Cr · -30.9% YoY29.3-30.9%FY 2021FY 2022: ₹20 Cr · -31.1% YoY20.2-31.1%FY 2022
Metrics FY 2022 FY 2021 FY 2020
Revenue from Operations ₹703.44 Cr ₹565.69 Cr ₹584.76 Cr
Other Income ₹7.02 Cr ₹7.29 Cr ₹5.13 Cr
Total Income ₹710.47 Cr ₹572.98 Cr ₹589.88 Cr
Cost of Materials Consumed ₹127.22 Cr ₹99.78 Cr ₹89.98 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0
Changes in Inventories -₹35.63 Cr ₹4.6 Cr -₹4.96 Cr
Employee Benefit Expense ₹45.11 Cr ₹43.16 Cr ₹42.25 Cr
Finance Costs ₹4.3 Cr ₹5.1 Cr ₹6.82 Cr
Depreciation & Amortisation ₹10.44 Cr ₹10.56 Cr ₹10.8 Cr
Other Expenses ₹528.16 Cr ₹362.62 Cr ₹380.12 Cr
Total Expenses ₹679.6 Cr ₹525.83 Cr ₹525 Cr
Profit Before Exceptional Items & Tax ₹30.87 Cr ₹47.15 Cr ₹64.89 Cr
Exceptional Items ₹0 ₹0 ₹0
Profit Before Tax ₹30.87 Cr ₹47.15 Cr ₹64.89 Cr
Total Tax Expense ₹10.7 Cr ₹17.86 Cr ₹22.47 Cr
Net Profit ₹20.17 Cr ₹29.29 Cr ₹42.41 Cr
Other Comprehensive Income -₹1 Cr -₹23.33 Lakh -₹33.37 Lakh
Total Comprehensive Income ₹19.17 Cr ₹29.06 Cr ₹42.08 Cr
EBITDA (computed) ₹45.61 Cr ₹62.82 Cr ₹82.51 Cr
Basic EPS ₹2.27 ₹3.32 ₹4.86
Diluted EPS ₹2.26 ₹3.29 ₹4.85
Metrics FY 2022 FY 2021 FY 2020
Equity (Net Worth) ₹475.21 Cr ₹443.6 Cr ₹413.7 Cr
Metrics FY 2022
Operating Cash Flow ₹12.58 Lakh
Investing Cash Flow -₹9.34 Cr
Financing Cash Flow ₹5.5 Cr
Capital Expenditure ₹10.89 Cr
Free Cash Flow (computed) -₹10.76 Cr
Dividends Paid ₹0
Net Change in Cash -₹3.72 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics FY 2021 FY 2020
Revenue from Operations ₹565.69 Cr ₹584.76 Cr
Other Income ₹8.76 Cr ₹7.55 Cr
Total Income ₹574.45 Cr ₹592.3 Cr
Cost of Materials Consumed ₹99.78 Cr ₹89.98 Cr
Purchases of Stock-in-Trade ₹0 ₹0
Changes in Inventories ₹4.6 Cr -₹4.96 Cr
Employee Benefit Expense ₹43.16 Cr ₹42.25 Cr
Finance Costs ₹5.04 Cr ₹6.74 Cr
Depreciation & Amortisation ₹10.56 Cr ₹10.8 Cr
Other Expenses ₹362.65 Cr ₹380.13 Cr
Total Expenses ₹525.79 Cr ₹524.93 Cr
Profit Before Exceptional Items & Tax ₹48.66 Cr ₹67.37 Cr
Exceptional Items ₹0 ₹0
Profit Before Tax ₹48.66 Cr ₹67.37 Cr
Total Tax Expense ₹18.12 Cr ₹22.53 Cr
Net Profit ₹30.55 Cr ₹44.84 Cr
  attributable to Owners ₹30.55 Cr ₹44.84 Cr
  attributable to NCI ₹0 ₹0
Other Comprehensive Income ₹47.91 Cr -₹26.9 Cr
Total Comprehensive Income ₹78.46 Cr ₹17.94 Cr
EBITDA (computed) ₹64.27 Cr ₹84.91 Cr
Basic EPS ₹3.47 ₹5.14
Diluted EPS ₹3.43 ₹5.13
Metrics FY 2021 FY 2020
Equity (Net Worth) ₹454.93 Cr ₹375.63 Cr
Metrics
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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Ownership and Shareholding of Gujarat Sidhee Cement Limited

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Charges & Borrowings Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited has a workforce of 323 employees as of Apr 07, 2024.

Employee count
323
Active EPFO establishments
1
Employee growth
-13.17%
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Employee and EPFO history for Gujarat Sidhee Cement Limited

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GST Compliance of Gujarat Sidhee Cement Limited

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GST registrations and filing compliance for Gujarat Sidhee Cement Limited

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Credit Ratings, Litigation & Regulatory Alerts for Gujarat Sidhee Cement Limited

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MSME Payment Delays by Gujarat Sidhee Cement Limited

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MSME payment history for Gujarat Sidhee Cement Limited

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Subsidiaries & Group Companies of Gujarat Sidhee Cement Limited

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MCA Filings & Documents of Gujarat Sidhee Cement Limited

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MCA filings and documents for Gujarat Sidhee Cement Limited

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Recent Activity on Gujarat Sidhee Cement Limited

Directors
02 Nov 2022
Leena Digambar Katdare was appointed as a Additional Director on 02 Nov 2022 & has been associated with this company since 3 years 9 months.
Activity
27 Jul 2022
Gujarat Sidhee Cement Limited last Annual general meeting of members was held on 27 Jul 2022 as per latest MCA records.
Activity
31 Mar 2022
Gujarat Sidhee Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Directors
26 May 2019
Nagaraja Sarma Maddipatla was appointed as a Director appointed in casual vacancy on 26 May 2019 & has been associated with this company since 7 years 2 months.
Directors
12 Feb 2019
Ashwani Kumar was appointed as a Director on 12 Feb 2019 & has been associated with this company since 7 years 6 months.
Directors
01 Oct 2014
Virendra Raj Mohnot was appointed as a Company Secretary on 01 Oct 2014 & has been associated with this company since 11 years 10 months.

Recent News on Gujarat Sidhee Cement Limited

Finalaya - Message
19 Sep 2017 · Finalaya

Frequently Asked Questions about Gujarat Sidhee Cement Limited

Gujarat Sidhee Cement Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Gujarat Sidhee Cement Limited is a amalgamated public limited company in the manufacturing sector based in Sidheegram, Gujarat, India. It was incorporated on 29 March 1973 and is registered under CIN L26940GJ1973PLC002245. Listed on BSE: 518029 and NSE: GSCLCEMENT. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Gujarat Sidhee Cement Limited was incorporated on 29 March 1973. Registered with ROC Ahmedabad.

The current directors and KMP of Gujarat Sidhee Cement Limited are:

The CIN (Corporate Identification Number) of Gujarat Sidhee Cement Limited is L26940GJ1973PLC002245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Gujarat Sidhee Cement Limited is manufacturing. The company specifically operates in cement and cement products.

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