About Penna Cement Industries Limited
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Penna Cement Industries Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 24 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U26942GJ1991PLC168781. Its GSTIN is 10AABCP2290D1Z3 (Bihar). The company holds 16 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹133.8 Cr. It was formerly known as Penna Cement Industriies Limited. It is led by directors including Sanjay Kumar Behl (Whole-Time Director) and Ramarao Sukuru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹1,955.34 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹186.4 Cr (net margin -9.5%) and EBITDA of ₹103.25 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 1,050 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Penna Cement. As per MCA filings, the company has satisfied charges of ₹5,857.53 Cr on record. Court records list 324 cases involving the company, including 223 filed by the company and 101 filed against it; 78 cases are pending. The company has 6 deals on record (2 secondary share transfers, 2 debt financings, 1 acquisition), with disclosed funding of ₹4,100 Cr; the latest was in August 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pennacement.com.
Company details
CIN history
Penna Cement Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26942GJ1991PLC168781, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26942GJ1991PLC168781 | Current |
| U26942TG1991PLC013359 | Previous |
| U26942AP1991PLC013359 | Previous |
Contact details
Penna Cement Industries Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Apps
- Registered Address8 – 3 – 975 Plot No 128, Srinagar Colony, Hyderabad, Telangana, India – 500073
- IndustryManufacturing, Cement & Cement Products
- 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
Penna Cement Industries operates one associated brand: Penna Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement products for building applications are manufactured by Penna Cement. | pennacement.com |
Financials of Penna Cement Industries Limited
FY 2024 filings availablePenna Cement Industries Limited reported revenue of ₹1,955.34 Cr (down 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,955.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹103.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹186.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | -9.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Penna Cement Industries Limited, buy the company report.
Board of directors of Penna Cement Industries Limited
Penna Cement Industries has 5 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramarao Sukuru Also directs: Bulk Cement Corporation (India) Limited, Pioneer Cement Industries Limited, Singhania Minerals Pvt Ltd and 4 more | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
| Archana Ravindrarai Dholakia Also directs: Bulk Cement Corporation (India) Limited, Intas Pharmaceuticals Limited, Moxie Power Generation Limited and 5 more | Additional Director | 13 Nov 2024 | 1 Years 11 Months | Current |
| Sanjay Kumar Behl Also directs: Obeetee Private Limited, Pioneer Cement Industries Limited, Aeris Luxury Estate Private Limited and 2 more | Whole-Time Director | 04 Jun 2025 | 1 Years 5 Months | Current |
| Kajal Saxena Also directs: Pioneer Cement Industries Limited, Marwar Cement Limited | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Chetan Babaldas Patel Also directs: City Light Infrastructure LLP, Australian Premium Solar (India) Limited, Rajasthan Collieries Limited and 5 more | Additional Director | 13 Nov 2024 | 1 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2024 | 100887601 | Others | ₹250 Cr | Satisfied | |
| 30 Jan 2023 | 100689820 | Tata Capital Financial Services Limited | ₹7.43 Cr | Satisfied | |
| 29 Nov 2022 | 100662513 | Others | ₹350 Cr | Satisfied | |
| 29 Nov 2022 | 100662511 | Others | ₹350 Cr | Satisfied | |
| 18 Jul 2022 | 100598736 | Yes Bank Limited | ₹280 Cr | Satisfied |
To see the full charge records of Penna Cement Industries Limited, buy the company report.
Total charge records: 68 View all charges
Deals & funding
Penna Cement Industries Limited has 6 deals on record (2 secondary share transfers, 2 debt financings, 1 acquisition), with disclosed funding of ₹4,100 Cr; the latest was in August 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Acquisition | ₹10,422 Cr | Buyer: Ambuja Cements Limited Seller: an individual |
| Mar 2024 | Debt financing | ₹250 Cr | Investors: Nuvama Private Equity (Edelweiss Private Equity), Edelweiss Alternative Asset Advisors Limited |
| Dec 2022 | Debt financing | ₹350 Cr | Investors: Nuvama Private Equity (Edelweiss Private Equity), Edelweiss Alternative Asset Advisors Limited |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: P R Cement Holdings Limited Seller: 4 individuals |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Pioneer Builderrs Limited , 3 individuals |
To see the full deal history of Penna Cement Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Penna Cement Industries Limited has 324 court cases on record: 223 filed by Penna Cement Industries, 101 filed against it. 78 cases are pending and 246 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 177 | 61 | 52 |
| District courts | 136 | 33 | 25 |
| Supreme Court | 11 | 7 | 1 |
Cases on record (5 of 324)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Revision petition | Filed against the company by Pioneer Genco Limited | Pending |
| High Court for State of Telangana | Court case (COMCA) | Filed against the company by Pcil Power and Holdings Limited | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by Pioneer Power Corporation Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Indrayani Udyog Pvt Ltd Through Smita Sachin Shelke | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Osyan Property (India) Private Limited Chennai and 2 Others and 2 others | Pending |
To see the full case history of Penna Cement Industries 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
Penna Cement Industries Limited was last rated by Indiarating on 08 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 08 Apr 2021 |
To see the full credit ratings and regulatory alerts of Penna Cement Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Penna Cement Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Penna Cement Industries has 16 GST registrations: 14 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AABCP2290D1Z3 | Bihar | Active | 01 Jul 2017 |
| 19AABCP2290D1ZL | West Bengal | Active | 01 Jul 2017 |
| 21AABCP2290D1Z0 | Odisha | Active | 01 Jul 2017 |
| 27AABCP2290D1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Penna Cement Industries Limited, buy the company report.
Recent activity
Penna Cement Industries Limited has 30 board changes on record since 2007: 5 appointments and 25 cessations. The latest: Sanjay Kumar Behl was appointed as Whole-Time Director on 04 Jun 2025.
198 earlier events are in the company report.
News
Frequently asked questions
Penna Cement Industries is an active public limited company based in Hyderabad, Telangana, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 24 October 1991 (35+ years old) and is registered under CIN U26942GJ1991PLC168781.
Penna Cement Industries has 5 current directors:
- Sanjay Kumar Behl - Whole-Time Director
- Ramarao Sukuru - Director
- Archana Ravindrarai Dholakia - Additional Director
- Kajal Saxena - Director
- Chetan Babaldas Patel - Additional Director
The latest financial statements of Penna Cement Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Penna Cement Industries is 10AABCP2290D1Z3, registered in Bihar. The company has 16 GST registrations in all, of which 14 are active and 2 are cancelled or inactive. Other active GSTINs include 19AABCP2290D1ZL (West Bengal), 21AABCP2290D1Z0 (Odisha), 27AABCP2290D1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Penna Cement Industries is U26942GJ1991PLC168781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penna Cement Industries has 324 court cases on record: 223 filed by the company and 101 filed against it. 78 are pending. Most are in the high courts.
Penna Cement Industries was incorporated on 24 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Hyderabad.
Penna Cement Industries has 6 deals on record (2 secondary share transfers, 2 debt financings, 1 acquisition), with disclosed funding of ₹4,100 Cr; the latest was in August 2024.
Sanjay Kumar Behl was appointed as Whole-Time Director on 04 Jun 2025. Sanjay Kumar Behl ceased to be Additional Director on 04 Jun 2025. Archana Ravindrarai Dholakia was appointed as Additional Director on 13 Nov 2024. Penna Cement Industries has 30 board changes on record in total.
Penna Cement Industries can be reached through the website pennacement.com. Its registered office is in Hyderabad, Telangana, India.
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