Vardhman Concrete Ltd

Vardhman Concrete Ltd (531444)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-5.82 %
3 Month Return-23.48 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 299
Rank 303
Rank 326
Dividend Yield
Rank 177
Rank 455
Price To Book Ratio
Rank 262
Debt To Asset
Rank 316

Company Information

Promoted by Arvind B Shah with the object of manufacturing precast prestressed concrete products and for executing engineering contracts Stresscrete India was incorporated in Oct.82 as a private limited company. It was converted into a public limited company in Oct.94. In 1994 Kanu J Patel joined as a promoter.The company has carried out many challenging structures mainly in precast prestressed concrete such as the Matunga and Goregaon flyover bridges over the railway line Silos for Digvijay cement MHADA housing complex at Oshiwara etc. It is in the process of constructing a housing colony for Sardar Sarovar Narmada Nigam. In 199495 the company promoted a project of setting up an integrated plant to manufacture precast prestress concrete members on commercial basis with an intalled capacity of 15000 cmtr pa. The project was set up at Lohop Raigad district Maharashtra. The project was part financed through a public issue in Dec.95. The said project is in advance stage of completion.The company has technical collaboration with Wilson Concrete Company and CEG International of the US. The setting up of the composite Precast Prestressed Concrete Plant at Lohop Village Dist. Raigad to manufacture large panels for Buildings Industrial Structures etc was complete in July 1997 and the Company has started the commercial production since August 1997.During the year 19992000 the Company has received enquiries from various prospective clientels like Southern Railway Konkan Railway Corporation Ltd. and Government Departments and is hopeful of securing the confirmed orders.
OrganisationVardhman Concrete Ltd
IndustryCement - Products