Hemadri Cements Ltd

Hemadri Cements Limited one of the leads in the Cement Manufacture industry, was incorporated as a Public Limited Company on 20th April, 1981. The Company is engaged in the production and sale of 'Cement'. Promoted by S N Kilaru, a mini-cement plant having capacity 200 tons per day was set up at Vedari, Andhra Pradesh. Both Hemadri 43 Grade and Hemadri Gold 53 Grade O.P.C are manufactured using Vedadri Lime Stone, renowned to be one of the best lime stones available in the country. The result is cement which has a high compressive strength, consistency and chemical characteristics for superior to any other brand available in the market. Another factor responsible of enhancing the quality of Hemadri Cement was the use of good grade coal in burning the calcareous and argillaceous raw materials used in manufacture. The Plant was commissioned in March 1985. The Company started commercial production in Mar.'85 and within three years increased its capacity to 300 tpd and further to 550 tpd in 1992 using DDF Technology from Nihon Cement Company, Japan. Due to the downward trend and sluggish cement prices, the company accumulated a book loss of Rs 4.65 cr as on 31 Mar.'94 comprising depreciation only. But as cement prices started rising, the company began earning profit from Apr.'94. In Mar.'95, it offered equity shares on a rights basis to expand its capacity from 99,000 tpa to 1,98,000 tpa, at the lowest capital investment per tonne of installed capacity. The company has also implemented an energy conservation scheme which will substantially reduce the cost of production. During the year 1997-98, the company became a sick company due to the erosion of its entire networth, accordingly it was referred to the BIFR. Company commenced commercial production of Cement from the month of June, 2006. It undertook Mahistikry Project in West Bengal for the manufacture of carbon black with an annual capacity of 50,000 MT and 12 MW capacity captive power plant based on waste heat gas through forward integration. It achieved a milestone by reaching the mark of 2.5 lakh tones of cement production in 2011-12. The operations of the company were stopped in August 2024, due to continuous spiralling of costs, cash losses and unviable operations due to various constraints. The management tried to examine various strategies for revival of production activities. However, due to monetary and operational losses since FY 2022-23, the directors decided to stop the operations until a comprehensive review is done to examine all the alternatives for sustainable continuation. The significant shift in market demand led to an excess inventory, requiring a pause in production to prevent overstocking and financial strain. In addition to it, the shortages in raw materials, delays in shipments, or other logistical issues contributed to a disruption in the production process in 2025. The Company is presently exploring all the possibilities to overcome the aforesaid concerns.