About Zuari Cement Limited
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Zuari Cement Limited is a public limited company based in Yerraguntla, Andhra Pradesh, India, a subsidiary of Italceminti Spa. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 16 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U26942AP2000PLC050415. Its GSTIN is 37AAACZ1270E1ZI (Andhra Pradesh). The company holds 12 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹488 Cr and a paid-up capital of ₹333.37 Cr. It is led by directors including Joydeep Mukherjee (Managing Director) and Juan Francisco Defalque.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Krishna Nagar Yerragutla Andhra Pradesh, Yerraguntla, Andhra Pradesh, India – 516311.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,991.82 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹132 Cr (net margin -6.6%) and EBITDA of ₹8.82 Cr (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 1,200 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹3,299.09 Cr on record. Court records list 230 cases involving the company, including 180 filed by the company and 50 filed against it; 45 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹170 Cr; the latest was in June 2003. Its 5 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 3 smaller; the largest is Sagar Cements Ltd with revenue of ₹2,279.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zuaricements.com.
Company details
CIN history
Zuari Cement has one previous CIN (Corporate Identification Number): U26942GA2000PLC002814. The current CIN is U26942AP2000PLC050415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26942AP2000PLC050415 | Current |
| U26942GA2000PLC002814 | Previous |
Contact details
Zuari Cement Limited's registered office is in Yerraguntla, Andhra Pradesh. Its website is zuaricements.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressKrishna Nagar Yerragutla Andhra Pradesh, Yerraguntla, Andhra Pradesh, India – 516311
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Zuari Cement Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Zuari Cement is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Zuari Cement Limited, buy the company report.
Financials of Zuari Cement Limited
FY 2025 filings availableZuari Cement Limited reported revenue of ₹1,991.82 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 17% fall in the latest year. EBITDA fell 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.82 Cr | ||||
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| Net Profit (PAT) | -₹132 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | -6.6% | ||||
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To see the full financial statements and ratios of Zuari Cement Limited, buy the company report.
Board of directors and KMP of Zuari Cement Limited
Zuari Cement Limited currently reports 5 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Juan Francisco Defalque Also directs: Gulbarga Cement Limited | Director | 26 Jul 2016 | 10 Years 2 Months | Current |
| Vimal Kumar Jain Also directs: Heidelbergcement India Limited. | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Joydeep Mukherjee Also directs: Heidelbergcement India Limited., Gulbarga Cement Limited | Managing Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Poonam Sharma Also directs: Gulbarga Cement Limited | Director | 28 May 2025 | 1 Years 4 Months | Current |
| Kishan Kumar Acharya | Cfo | 27 Jun 2025 | 1 Years 3 Months | Current |
| Roberto Callieri Also directs: Heidelbergcement India Limited., Gulbarga Cement Limited | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Zuari Cement Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sagar Cements Ltd | ₹2,279.07 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| Heidelbergcement India Limited. | ₹2,194.35 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Zuari Cement Limitedthis company | ₹1,991.82 Cr (FY 2025) | -₹132 Cr | -6.6% | -17.0% | 1,200 | Yerraguntla, Andhra Pradesh, India |
| Mangalam Cement Ltd | ₹1,741.61 Cr (FY 2025) | -1.0% | Kota, Rajasthan, India | |||
| Saurashtra Cement Limited | ₹1,554.82 Cr (FY 2025) | -14.0% | Ranavav, Gujarat, India | |||
| NCL Industries Ltd | ₹1,432.01 Cr (FY 2025) | -14.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Zuari Cement Limited, buy the company report.
Auditor
Zuari Cement Limited is audited by S N DHAWAN & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N DHAWAN & CO LLP | FY 2023 | 000050N/N500045 |
Shareholding
The shareholding of Zuari Cement Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zuari Cement Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2016 | 100028260 | Hdfc Bank Limited | ₹500 Cr | Satisfied | |
| 11 May 2015 | 10570706 | The Hongkong and Shanghai Banking Corporation Limited | ₹500 Cr | Satisfied | |
| 31 Mar 2015 | 10591796 | Bnp Paribas | ₹100 Cr | Satisfied | |
| 30 Mar 2015 | 10570577 | Axis Bank Limited | ₹180 Cr | Satisfied | |
| 23 Jul 2012 | 10369237 | Bnp Paribas | ₹60 Cr | Satisfied |
To see the full charge records of Zuari Cement Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
Zuari Cement Limited has 1 deal on record (1 funding round), with disclosed funding of ₹170 Cr; the latest was in June 2003.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2003 | Funding round | ₹170 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zuari Cement Limited has 230 court cases on record: 180 filed by Zuari Cement, 50 filed against it. 45 cases are pending and 185 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 161 | 32 | 25 |
| District courts | 53 | 10 | 15 |
| Supreme Court | 16 | 8 | 5 |
Cases on record (5 of 230)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Apex International and Others | Pending |
| Supreme Court | Court case | Filed by the company against India Cements Limited | Pending |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Saurashtra Cement Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Apex International and Others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Ltd. , and 3 others | Disposed |
To see the full case history of Zuari Cement Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Zuari Cement Limited was last rated by Indiarating on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of Zuari Cement Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zuari Cement Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Zuari Cement has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gulbarga Cement Limited | U26941KA2007PLC054428 |
To see the full group structure of Zuari Cement Limited, buy the company report.
Employees & EPFO
Zuari Cement Limited has a workforce of 1,200 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Zuari Cement has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACZ1270E1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
| 21AAACZ1270E1ZV | Odisha | Active | 01 Jul 2017 |
| 27AAACZ1270E1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 30AAACZ1270E1ZW | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zuari Cement Limited, buy the company report.
Recent activity
Zuari Cement Limited has 54 board changes on record since 2001: 30 appointments and 24 cessations. The latest: Kishan Kumar Acharya was appointed as CFO on 27 Jun 2025.
165 earlier events are in the company report.
Frequently asked questions
Zuari Cement is an active public limited company based in Yerraguntla, Andhra Pradesh, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 16 February 2000 (26+ years old) and is registered under CIN U26942AP2000PLC050415.
Zuari Cement has 6 current directors and KMP:
- Joydeep Mukherjee - Managing Director
- Juan Francisco Defalque - Director
- Vimal Kumar Jain - Director
- Poonam Sharma - Director
- Roberto Callieri - Director
- Kishan Kumar Acharya - Cfo
The latest financial statements of Zuari Cement on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Zuari Cement is 37AAACZ1270E1ZI, registered in Andhra Pradesh. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 21AAACZ1270E1ZV (Odisha), 27AAACZ1270E1ZJ (Maharashtra), 30AAACZ1270E1ZW (Goa).
The CIN (Corporate Identification Number) of Zuari Cement is U26942AP2000PLC050415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zuari Cement has 230 court cases on record: 180 filed by the company and 50 filed against it. 45 are pending. Most are in the high courts.
Zuari Cement was incorporated on 16 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Vijayawada.
Zuari Cement has 1 deal on record (1 funding round), with disclosed funding of ₹170 Cr; the latest was in June 2003.
The peers of Zuari Cement by revenue are Sagar Cements Ltd, Heidelbergcement India Limited, Mangalam Cement Ltd, Saurashtra Cement Limited, NCL Industries Ltd, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Kishan Kumar Acharya was appointed as CFO on 27 Jun 2025. Poonam Sharma was appointed as Director on 28 May 2025. Soek Peng Sim ceased to be Director on 28 May 2025. Zuari Cement has 54 board changes on record in total.
Zuari Cement can be reached through the website zuaricements.com. Its registered office is in Yerraguntla, Andhra Pradesh, India.