About Udaipur Cement Works Limited
Data last updated:
Udaipur Cement Works Limited was a public limited company based in Udaipur, Rajasthan, India, operated as a subsidiary of Jk Lakshmi Cement Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the cement and cement products segment of the manufacturing sector. It was incorporated on 15 March 1993.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN L26943RJ1993PLC007267. Its GSTIN is 08AAACU8858M1ZJ (Rajasthan). The company held 4 GST registrations, of which 3 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 30 Mar 2026 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹400 Cr and a paid-up capital of ₹295.22 Cr. It was formerly known as J.K. Udaipur Udyog Limited. It was led by directors including Naveen Kumar Sharma (Whole-Time Director) and Shrivats Singhania.
Its last annual general meeting (AGM) was held on 16 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Shripati Nagar Cfa Po: Dabok, Udaipur, Rajasthan, India – 313022.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,174.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹61.41 Cr (net margin 5.2%) and EBITDA of ₹205.78 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 15% over five years.
The company had about 375 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Udaipur Cement. As per MCA filings, the company had open charges of ₹3,829.58 Cr and satisfied charges of ₹1,694.37 Cr on record. Court records list 167 cases involving the company, including 128 filed by the company and 39 filed against it; 17 cases are pending. The company has 5 deals on record (4 market trades, 1 funding round), with disclosed funding of ₹350.12 Cr; the latest was in July 2023. Its 3 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 smaller; the largest is Sree Jayajothi Cements Private Limited with revenue of ₹1,106.05 Cr.
The last known website on record is udaipurcement.com.
Company details
Contact details
Udaipur Cement Works Limited's registered office is in Udaipur, Rajasthan. Its website is udaipurcement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShripati Nagar Cfa Po: Dabok, Udaipur, Rajasthan, India – 313022
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Udaipur Cement Works 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
Brands
Udaipur Cement Works operates one associated brand: Udaipur Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement and related products are manufactured in Udaipur, India. | udaipurcement.com |
Business activity
The main business activity of Udaipur Cement Works is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Udaipur Cement Works Limited, buy the company report.
Financials of Udaipur Cement Works Limited
FY 2024 filings availableUdaipur Cement Works Limited reported revenue of ₹1,174.36 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 14% growth in the latest year. EBITDA rose 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹205.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.41 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Udaipur Cement Works Limited, buy the company report.
Board of directors and KMP of Udaipur Cement Works Limited
Udaipur Cement Works Limited currently reports 8 directors and 1 key managerial person. 5 former directors have served the organization.
Peer comparison
Udaipur Cement Works Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Udaipur Cement Works Limitedthis company | ₹1,174.36 Cr (FY 2024) | ₹61.41 Cr | 5.2% | 14.0% | 375 | Udaipur, Rajasthan, India |
| Sree Jayajothi Cements Private Limited | ₹1,106.05 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Kanodia Cement Limited | ₹1,016.87 Cr (FY 2025) | 13.0% | Bulandshahr, Uttar Pradesh, India | |||
| Miraj Drymix Private Limited | ₹940.08 Cr (FY 2025) | -9.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Udaipur Cement Works Limited, buy the company report.
Auditor
Udaipur Cement Works Limited is audited by Bansilal Shah & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bansilal Shah & Co | FY 2023 | 000384W |
Shareholding
The shareholding of Udaipur Cement Works Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Udaipur Cement Works Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2022 | 100642923 | Idbi Trusteeship Services Limited | ₹350 Cr | Satisfied | |
| 24 Jun 2021 | 100454625 | Idbi Trusteeship Services Limited | ₹23.9 Cr | Satisfied | |
| 24 Jun 2021 | 100459501 | Idbi Trusteeship Services Limited | ₹18.55 Cr | Satisfied | |
| 09 Apr 2021 | 100440272 | Others | ₹18.55 Cr | Satisfied | |
| 06 Apr 2021 | 100439603 | Axis Bank Limited | ₹23.9 Cr | Satisfied |
To see the full charge records of Udaipur Cement Works Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Udaipur Cement Works Limited has 5 deals on record (4 market trades, 1 funding round), with disclosed funding of ₹350.12 Cr; the latest was in July 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round | ₹350.12 Cr | Investors: JK Lakshmi Cement Limited |
| Jun 2019 | Market trade | ₹11.55 Cr | Buyer: 2 individuals Seller: Bengal & Assam Company Li Mited |
| Mar 2017 | Market trade | ₹9.87 Cr | Seller: JK Lakshmi Cement Limited |
| Dec 2015 | Market trade | ₹2.9 Cr | Seller: Morgan Stanley Investment Management |
| Dec 2015 | Market trade | ₹5.51 Cr | Seller: Morgan Stanley Investment Management |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Udaipur Cement Works Limited has 167 court cases on record: 128 filed by Udaipur Cement Works, 39 filed against it. 17 cases are pending and 150 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 122 | 17 | 10 |
| District courts | 28 | 15 | 7 |
| Supreme Court | 17 | 7 | 0 |
Cases on record (5 of 167)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Writ petition | Filed by the company against Rajasthan Renewable Energy Corporation Ltd and 6 others | Pending |
| High Court, RAJASTHAN | Writ petition | Filed by the company against Rajasthan State Road Development and Construction Corporation Ltd. and 3 others | Pending |
| District court, Jamnagar, Gujarat | Civil suit | Filed against the company by Kotak Petro Chem Private Limited | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Phoenix Yule Limited | Disposed |
| District court, Jamnagar, Gujarat | Court case (SPCS) | Filed against the company by Kotak Petro Chem Private Limited | Disposed |
To see the full case history of Udaipur Cement Works 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
Udaipur Cement Works Limited was last rated by Care on 05 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jul 2022 |
To see the full credit ratings and regulatory alerts of Udaipur Cement Works Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Udaipur Cement Works Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Udaipur Cement Works Limited has a workforce of 375 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Udaipur Cement Works has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACU8858M1ZJ | Rajasthan | Active | 01 Jul 2017 |
| 23AAACU8858M1ZR | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAACU8858M1ZP | Gujarat | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Udaipur Cement Works Limited, buy the company report.
Recent activity
Udaipur Cement Works Limited has 19 board changes on record since 1994: 14 appointments and 5 cessations. The latest: Sadhu Ram Bansal was appointed as Director on 01 Jul 2024.
84 earlier events are in the company report.
News
Frequently asked questions
Udaipur Cement Works 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.
Udaipur Cement Works was a public limited company based in Udaipur, Rajasthan, India. The company worked in cement and cement products, within the manufacturing industry. It was incorporated on 15 March 1993 and is registered under CIN L26943RJ1993PLC007267. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Udaipur Cement Works was incorporated on 15 March 1993. It is registered with the Registrar of Companies, Jaipur.
Udaipur Cement Works had 9 directors and KMP:
- Naveen Kumar Sharma - Whole-Time Director
- Shrivats Singhania - Director
- Surendra Malhotra - Director
- Bhaswati Mukherjee - Director
- Vinit Marwaha - Director
- Vinita Singhania - Director
- Sudhir Anna Bidkar - Director
- Sadhu Ram Bansal - Director
- Poonam Singh - Company Secretary
The CIN (Corporate Identification Number) of Udaipur Cement Works is L26943RJ1993PLC007267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udaipur Cement Works is recorded as a listed company by MCA, but its shares were delisted from BSE on 30 Mar 2026 · merger, and no longer trade on a stock exchange.
The registered office of Udaipur Cement Works is at Shripati Nagar Cfa Po: Dabok, Udaipur, Rajasthan, India – 313022.
Udaipur Cement Works can be reached through the website udaipurcement.com. Its registered office is in Udaipur, Rajasthan, India.
The latest financial statements of Udaipur Cement Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Udaipur Cement Works is 08AAACU8858M1ZJ, registered in Rajasthan. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAACU8858M1ZR (Madhya Pradesh), 24AAACU8858M1ZP (Gujarat).
Udaipur Cement Works operated in the manufacturing industry, in the cement and cement products segment.
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