Deccan Cements Ltd
Deccan Cements Ltd (DECCANCE)

Deccan Cements Ltd (DECCANCE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-1.32 %
3 Month Return-19.64 %
1 Year Return-22.82 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 18
Rank 18
Rank 18
Dividend Yield
Rank 11
Rank 7
Debt To Asset
Rank 18

Company Information

Incorporated in Jul.79 Deccan Cements manufactures cement. The first mini cement plant based on rotary kiln technology started commercial production in Oct.92. The company was promoted by M B Raju of the Nagarjuna group a technocrat enterprenuer. The other companies of the group are DCL Polyesters and Deccan Polypacks.During 198687 DCL introduced reinforced suspension preheater technology from Onoda Engineering Consulting Company Japan to enhance its capacity from 66000 tpa to 99000 tpa. In Aug.91 it completed the modernisation and expansion programme to double its capacity from 300 tpd to 600 tpd. The company has also commissioned a captivegeneration plant to meet nearly 65 of its total power requirement.The company issued PCDs on a rights basis aggregating Rs 8.66 cr in Nov.92 to meet longterm working capital requirements capital expenditure and to invest in group companies DCL Polyesters and Deccan Polypacks. The company commissioned the first wind farm in Andhra Pradesh in Feb.95 which has generated 10.65 lac units of power. The 3.75 MW captive mini hydel plant at Guntur Branch canal Narasaraopet Andhra Pradesh has been commissioned. The company executed the expansion capacity of the cement division from 198000 tonnes to 297000 tonnes per annum 19992000.The company had set up a Slag Cement Plant with a capacity of 300000 TPA at an estimated cost of Rs.25 crores and the project was completed during 2002 and commercial production has commenced.
OrganisationDeccan Cements Ltd