Shree Cement

Shree Cement is an Indian cement manufacturer, founded in Beawar, Rajasthan, in 1979. Now headquartered in Kolkata, it is India's third largest cement producer and second largest cement company by market capitalisation. Shree Cement has moved in the last two decades from having 2 million tonne (mt) production capacity to becoming the country’s third largest cement player, with an installed capacity of 43.3 mt in India and 47.4 mt overseas. It also produces and sells power under the name Shree Power (Captive Power Plant) and Shree Mega Power (Independent Power Plant).

Shree Cement Limited
Company typePublic
IndustryBuilding materials
Headquarters
Key people
ProductsCement
Revenue 18,311 crore (US$2.3 billion) (2023)
1,495 crore (US$190 million) (2023)
1,269 crore (US$160 million) (2023)
Total assets 26,334 crore (US$3.3 billion) (2023)
Total equity 18,677 crore (US$2.3 billion) (2023)
Number of employees
6,185 (2021)
Websitewww.shreecement.com

Since 2006, it has more than quadrupled its production capacity both by expanding into new areas and increasing the capacities of the existing plants. Shree Cement has been ranked 4th in 2017 Responsible Business Rankings developed by IIM Udaipur.

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