
Shree Cement Limited owns 1 brand in our database. Browse the complete portfolio of Shree Cement Limited subsidiaries and brands across various industries.
Company Type
public
Headquarters
Kolkata, West Bengal, India
Brand Portfolio
1 brands
Stock
NSE: SHREECEM
What does Shree Cement Limited own?
Shree Cement Limited owns three cement brands: Shree Cement, Bangur Cement, and Rockstrong. The company also owns captive power plants (Shree Power and Shree Mega Power) with 935.55 MW of capacity, and Union Cement Company in Ras Al Khaimah, UAE, acquired in 2024. The company operates 69.3 MTPA of cement capacity in India as of March 2026.
Is Shree Cement Limited publicly traded?
Yes. Shree Cement Limited is publicly traded on India's National Stock Exchange under ticker SHREECEM and on the Bombay Stock Exchange under code 500387. The company went public with an IPO in 1995. Despite the public listing, the Bangur family retains controlling promoter shareholding. The company's market capitalization was approximately Rs 91,675 crore as of late 2024.
Who founded Shree Cement Limited?
Shree Cement was founded by Benu Gopal Bangur in 1979. The Bangur family is an old Marwari business house from Didwana, Rajasthan, with interests in jute, textiles, and cement dating to the early 1900s. Benu Gopal Bangur gained full control of Shree Cement in 1998 through a family settlement. His son Hari Mohan Bangur, an IIT Bombay chemical engineering graduate, led the company's turnaround and expansion.
Where is Shree Cement Limited based?
Shree Cement Limited is headquartered in Kolkata, West Bengal, India, which serves as the group corporate office. The registered office is in Beawar, Rajasthan, where the first plant was commissioned in 1985. The corporate office is in Gurugram, Haryana. The company's manufacturing operations are concentrated in Rajasthan, Uttarakhand, Haryana, Odisha, Bihar, and Karnataka.
How many brands does Shree Cement Limited own?
Shree Cement Limited owns three cement brands: Shree Cement (primary brand), Bangur Cement (premium segment), and Rockstrong (construction applications). The company also operates captive power plants under the Shree Power and Shree Mega Power names, though these are internal operations not sold to external customers. Internationally, the company owns Union Cement Company in the UAE.
Who controls Shree Cement Limited?
Shree Cement Limited is controlled by the Bangur family through promoter shareholding. Hari Mohan Bangur serves as chairman, his son Prashant Bangur serves as vice chairman, and Benu Gopal Bangur (the founder) serves as chairman emeritus. Neeraj Akhoury serves as managing director. The Bangur family has maintained control since gaining full ownership in 1998 through a family settlement.
What is Shree Cement Limited's annual revenue?
Shree Cement Limited reported net revenue of approximately Rs 20,943 crore ($2.5 billion) for fiscal year 2026 (ending March 31, 2026). The company has guided for 40 million tonnes of sales volume in FY2027, representing approximately 9 to 10% growth. The company's market capitalization was approximately Rs 91,675 crore as of late 2024, making it India's third largest cement company by market cap.
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Shree Cement Limited maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Shree Cement Limitedprovides valuable insights into market dynamics, product relationships, and corporate strategy.