About Mangalam CementMangalam Cement is one of the leading cement manufacturing companies in India. Established in 1978, Mangalam Cement is a subsidiary of the B K Birla Group of Industries.
The company trades its products under the brand name Birla Uttam Cement. Due to the excellent quality of its products, the company was given an ISO-9002 Certification in 1996-97. The company maintains the highest levels of working equipments for a safe, healthy and pollution free environment.
Mangalam Cement works towards achieving customer satisfaction by implementing certain measures. Some of these measures are: enhancing the individual skill of workers through motivation and training, a liberal augmentation in productivity and equipment efficiency, technological innovation, complete involvement of employees through participative management activities, an improvement in the quality of raw materials and through reduction of chronic losses.
Mangalam Cement ProductsMangalam Cement has commissioned a new cement plant that uses German Technology to produce 7, 00,000 tons per annum at its site in Morak, Rajasthan. The company manufactures various types of cement to cater to its wide base of customers all over the country. Some of the products of Mangalam Cement are mentioned below:
- Birla Uttam Cement
- Ordinary Portland cement
- Portland Pozzolana cement
- Free Flowing Solvent Cement
- Birla Uttam Cement-53 Grade
- Birla Uttam Cement-43 Grade
- Portland Blast Furnace Slag Cement
Future plans and developmentMangalam Cement is involved in the manufacturing, development and distribution of cement all over the country. To reduce the high consumption of electricity, the company has set up a thermal power plant that has a capacity of 17.5 mega watt. To take care of any emergency situation, the company has also set up DC sets having a capacity of 11.7 mega watt. The company plans to improve its production through an investment of ` 700 million and also has earmarked the same amount to establish another power plant having a capacity of 17.5 megawatt.
In July 2009, the company announced the setting up of a manufacturing unit in Adityanagar, Rajasthan. This unit will have a production capacity of 1.5 million ton per annum. This venture also involves the setting up of a captive thermal power plant with a capacity of 17.5 mega watt capacity in the same premises. It is estimated that after the completion of the project, the company's cement manufacturing capacity will rise to 3.5 million ton per annum.
Financial PerformanceMangalam Cement's Q2 net profit for the year 2009 was Rs 35.4 crore. The net sale of the company was Rs 160.9 crore versus Rs 139 crore and the operating profit margins were at 28% versus 21%. In Q1, the company reported a rise in the net profit at Rs 33.70 crore as compared to Rs 19.19 crore net in the same time last year. The high Q1 profit of the company is a result of a 24.51 % growth in the April-June gross sales revenue of the company at Rs 171.36 crore.
Last Updated on June 26, 2015