Panyam Cements & Mineral Industries Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 293
Rank 297
Rank 316
Dividend Yield
Rank 177
Rank 445
Price To Book Ratio
Rank 257
Debt To Asset
Rank 316

Company Information

Panyam Cement and Mineral Industries PCMIL incorporated in 1955 has diverse interests in cement chemical and engineering. The companys cement plant at Kurnool Andhra Pradesh has an installed capacity of 5.31 lac TPA. Other capacities are 10000 tpa for steel wire 14850 tpa for calcium carbide and 1800 tpa for acetylene black. PCMIL manufactures portland cement under the brand name Pyramid. Its steel wire division came into existence when Deccan Wires was amalgamated with the company. The companys major clients include Union Carbide Geep Industrial Syndicate Lakhanpal National IOC Chemplast etc.It installed additional generating sets to overcome the power cuts imposed by the Andhra Pradesh Electricity Board. Its cement division is in the process of fabricating a grate cooler inhouse to change the existing planetory cooler which will enhance the capacity of the kiln.In 19992000 the operations in the chemical division continued to be suspended and the company is seeking permission for closure of the division. The cement division is also under strain due to steep fall in realisations. The Cement Division is planning to step up its production in full capacity level at the fag end of the current financial year.
OrganisationPanyam Cements & Mineral Industries Ltd