About Jaypee Cement Corporation Limited
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Jaypee Cement Corporation Limited is a public limited company based in Noida, Uttar Pradesh, India, a subsidiary of Jaiprakash Associates Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 31 July 1996.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP1996PLC045701. Its GSTIN is 09AAACZ2168D1ZC (Uttar Pradesh). The company holds 22 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5,500 Cr and a paid-up capital of ₹3,727.5 Cr. It was formerly known as Zawar Cement Private Limited and Zawar Cement Limited. It is led by directors including Naveen Kumar Singh and Pankaj Gaur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sector – 128, Noida, Uttar Pradesh, India – 201304.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.03 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹287.08 Cr and EBITDA of -₹24.11 Cr (EBITDA margin -80.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 30% over five years.
The company has about 39 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Jaypee Group. As per MCA filings, the company has open charges of ₹5,771.6 Cr and satisfied charges of ₹6,010.84 Cr on record. Court records list 258 cases involving the company, including 128 filed by the company and 130 filed against it; 53 cases are pending. The company has 10 deals on record (5 acquisitions, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3,112.99 Cr; the latest was in August 2016. Its 4 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, 1 larger and 3 smaller; the largest is Hitech RMC Private Limited with revenue of ₹30.62 Cr.
The last known website on record is jalindia.com.
Company details
Name history
Jaypee Cement Corporation has undergone 3 name changes throughout its history. The company was previously known as Zawar Cement Private Limited, Zawar Cement Limited, and Jaypee Cement Corporation Private Limited. The current legal name is Jaypee Cement Corporation Limited.
| Company Name | Status |
|---|---|
| Jaypee Cement Corporation Limited | Current |
| Zawar Cement Private Limited | Previous |
| Zawar Cement Limited | Previous |
| Jaypee Cement Corporation Private Limited | Previous |
CIN history
Jaypee Cement Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999UP1996PLC045701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999UP1996PLC045701 | Current |
| U74999MH1996PLC101030 | Previous |
| U74999MH1996PTC101030 | Previous |
Contact details
Jaypee Cement Corporation Limited's registered office is in Noida, Uttar Pradesh. Its website is jalindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSector – 128, Noida, Uttar Pradesh, India – 201304
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Jaypee Cement Corporation 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
Jaypee Cement Corporation operates one associated brand: Jaypee Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations across multiple industries are managed by Jaypee Group. | jalindia.com |
Business activity
The main business activity of Jaypee Cement Corporation 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 Jaypee Cement Corporation Limited, buy the company report.
Financials of Jaypee Cement Corporation Limited
FY 2023 filings availableJaypee Cement Corporation Limited reported revenue of ₹30.03 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 52% fall in the latest year. EBITDA rose 70% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹287.08 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 | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -80.3% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Jaypee Cement Corporation Limited, buy the company report.
Board of directors and KMP of Jaypee Cement Corporation Limited
Jaypee Cement Corporation Limited currently reports 7 directors and 3 key managerial personnel. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sharma Also directs: MP Jaypee Coal Limited, Jaypee Fertilizers & Industries Limited, Gujarat Jaypee Cement & Infrastructure Limited. and 5 more | Ceo | 31 Mar 2021 | 5 Years 7 Months | As last reported |
| Raina Dora | Additional Director | 23 Jan 2021 | 5 Years 9 Months | As last reported |
| Naveen Kumar Singh Also directs: Sangam Power Generation Company Limited, Jaypee Arunachal Power Limited, Manukabir Enterprises Private Limited and 1 more | Director | 17 Apr 2010 | 16 Years 6 Months | As last reported |
| Raj Sunder Kuchhal | Company Secretary | 28 Mar 2011 | 15 Years 7 Months | As last reported |
| Pankaj Gaur Also directs: Jaypee Assam Cement Limited, Sangam Power Generation Company Limited, Jaypee Arunachal Power Limited and 1 more | Director | 17 Apr 2010 | 16 Years 6 Months | As last reported |
| Sudhir Kumar Shukla | Cfo | 25 May 2023 | 3 Years 5 Months | As last reported |
Peer comparison
Jaypee Cement Corporation Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Hitech RMC Private Limited | ₹30.62 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Jaypee Cement Corporation Limitedthis company | ₹30.03 Cr (FY 2024) | -₹287.08 Cr | -52.0% | 39 | Noida, Uttar Pradesh, India | |
| Amit Infra-Logic (India) Private Limited | ₹29.04 Cr (FY 2025) | -6.0% | Thane, Maharashtra, India | |||
| Techkonark Private Limited | ₹28.83 Cr (FY 2025) | 1001.0% | Surat, Gujarat, India | |||
| SV Concrete Products Private Limited | ₹28.35 Cr (FY 2024) | 19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Jaypee Cement Corporation Limited, buy the company report.
Auditor
Jaypee Cement Corporation Limited is audited by Sharma Vats & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharma Vats & Associates | FY 2024 | 031486N |
Shareholding
The shareholding of Jaypee Cement Corporation 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 Jaypee Cement Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2020 | 100387268 | Others | ₹2.65 Cr | Open | |
| 04 Jan 2018 | 100207260 | Others | ₹4,284.44 Cr | Open | |
| 15 Nov 2017 | 100198698 | Others | ₹36 Cr | Open | |
| 05 Nov 2017 | 100168407 | Others | ₹12.5 Cr | Open | |
| 28 Sep 2016 | 100058275 | The South Indian Bank Limited | ₹9 Cr | Open |
To see the full charge records of Jaypee Cement Corporation Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Jaypee Cement Corporation Limited has 10 deals on record (5 acquisitions, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3,112.99 Cr; the latest was in August 2016.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Acquisition | Undisclosed | Buyer: Ultratech Cement Limited Seller: Jaypee Cement Corporation Limited |
| Sep 2013 | Acquisition | ₹3,784.05 Cr | Buyer: Ultratech Cement Limited Seller: Jaypee Cement Corporation Limited |
| Mar 2011 | Acquisition | Undisclosed | Buyer: Adani Infrastructure Integrated Solutions Limited Seller: Mahabhadra Constructions Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Mahabhadra Constructions Limited , 3 individuals Seller: Zawar Brothers Limited , Zawar Sales Ltd |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Zawar Brothers Limited Seller: 4 individuals |
To see the full deal history of Jaypee Cement Corporation 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
Jaypee Cement Corporation Limited has 258 court cases on record: 128 filed by Jaypee Cement Corporation, 130 filed against it. 53 cases are pending and 205 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 183 | 89 | 29 |
| High courts | 70 | 37 | 24 |
| NCLT | 4 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 258)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Allahabad | Insolvency matter | Filed against the company by National Asset Reconstruction Company Ltd | Disposed |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed by the company against M/S. Andhra Cements Ltd. | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by M/S Ultratech Cement Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Flsmidth Pvt Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Rieco Industries Ltd. | Disposed |
To see the full case history of Jaypee Cement Corporation 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
Jaypee Cement Corporation Limited was last rated by Care on 04 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Apr 2022 |
To see the full credit ratings and regulatory alerts of Jaypee Cement Corporation Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Jaypee Cement Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jaypee Cement Corporation 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 |
|---|---|---|
| Jaiprakash Agri Initiatives Company Limited | U01122UP2008PLC069980 |
To see the full group structure of Jaypee Cement Corporation Limited, buy the company report.
Employees & EPFO
Jaypee Cement Corporation Limited has a workforce of 39 employees on its EPFO records as of Aug 05, 2024, across 1 active EPFO establishment.
GST
Jaypee Cement Corporation has 22 GST registrations: 7 active and 15 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACZ2168D1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAACZ2168D2ZB | Uttar Pradesh | Active | 09 Sep 2017 |
| 09AAACZ2168D3ZA | Uttar Pradesh | Active | 28 Jul 2020 |
| 10AAACZ2168D1ZT | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jaypee Cement Corporation Limited, buy the company report.
Recent activity
Jaypee Cement Corporation Limited has 26 board changes on record since 2010: 10 appointments and 16 cessations. The latest: Deepika Bhugra Prasad was appointed as Irp/Rp/Liquidator on 19 Sep 2024.
85 earlier events are in the company report.
News
Frequently asked questions
Jaypee Cement Corporation is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Jaypee Cement Corporation is a company under insolvency, formerly operating as a public limited company based in Noida, Uttar Pradesh, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 31 July 1996 and is registered under CIN U74999UP1996PLC045701. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Jaypee Cement Corporation has 10 current directors and KMP:
- Raina Dora - Additional Director
- Naveen Kumar Singh - Director
- Pankaj Gaur - Director
- Mukti Nath Jha - Additional Director
- Manoj Gaur - Director
- Alok Gaur - Director
- Amit Sharma - Ceo
- Raj Sunder Kuchhal - Company Secretary
- Sudhir Kumar Shukla - Cfo
- Deepika Bhugra Prasad - Irp/Rp/Liquidator
The latest financial statements of Jaypee Cement Corporation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jaypee Cement Corporation is U74999UP1996PLC045701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jaypee Cement Corporation has open charges of ₹5,771.6 Cr and satisfied charges of ₹6,010.84 Cr as per latest MCA filings.
Jaypee Cement Corporation has 258 court cases on record: 128 filed by the company and 130 filed against it. 53 are pending. Most are in the district courts.
Jaypee Cement Corporation was incorporated on 31 July 1996. It is registered with the Registrar of Companies, Kanpur.
Jaypee Cement Corporation has 10 deals on record (5 acquisitions, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3,112.99 Cr; the latest was in August 2016.
The peers of Jaypee Cement Corporation by revenue are Hitech RMC Private Limited, Amit Infra-Logic (India) Private Limited, Techkonark Private Limited, SV Concrete Products Private Limited, 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).
Deepika Bhugra Prasad was appointed as Irp/Rp/Liquidator on 19 Sep 2024. Sudhir Kumar Shukla was appointed as CFO on 25 May 2023. Amit Sharma was appointed as CEO on 31 Mar 2021. Jaypee Cement Corporation has 26 board changes on record in total.
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