Company Profile For Binani Cement Limited

Binani Cement Limited (BINC.BO) (Bombay Stock Exchange)

sector: Basic Materials · industry: Construction Materials ·

As of 24 Nov 2009

65.75INR

Price Change

+1.90

Percent Change

+2.98%

Analyst Recommendations

Overview

Binani Cement Limited is engaged in the production and sales of cement and clinker. During the fiscal year ended March 31, 2009 (fiscal 2009), it produced 42,92,000 metric tons of cement and sold 42,43,000 metric tons of cement. In fiscal 2009, the Company produced 41,73,000 metric tons of clinker. Krishna Holdings Pte Limited (KHL) and Shandong Binani RongAn Cement Company Limited (SBRCCL), subsidiary of Krishna Holdings Limited are subsidiaries of the Company. Further the Company had invested in Mukundan Holdings Limited a 100% subsidiary formed in British Virgin Islands in February 2008. Mukundan Holdings Limited (MHL) had further invested in 49% of the holdings of Binani Cement Factory LLC, Dubai in March 2008. The Company has further investment in Murari Holdings Limited (MrHL) in October 2008.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2009, Binani Cement Limited.'s revenues totaled RS6.76B. Results are not comparable since the company has not given the previous year financial statements. Binani Cement Limited is engaged in the production and sales of cement and clinker. The Company has further investment in Murari Holdings Limited (MrHL) in October 2008. During the fiscal year ended March 31,2009 it produced 42,92,000 metric tons of cement.