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 wndia is the second largest cement producer in
the world after China
 The cement industry in wndia is dominated by
around 20 companies, which account for almost
70% of the total cement production in wndia
 The cement industry is expected to grow
steadily in 2009-2010 and increase capacity by
another 50 million tons in spite of the recession
and decrease in demand from the housing
sector.
 mm
 mCC
 Gujarat mmbuja
 Ultratech
 Grasim
 wndia Cements
 JK Group
 Jaypee Group
 Century
 Madras Cements
 Birla Corp.
 m  
 ?stablished in 1936
 16 modern cement factories, more than 40
Ready mix concrete plants, 20 sales offices,
and several zonal offices
 Workforce of about 10,000 persons
 Countrywide distribution network of over
9,000 dealers.
 Listed in Consumer Super Brands of wndia.
 


 mCC has undertaken social volunteering practices almost
from its inception.

 ?arliest initiatives in community development date back to

the 1940's in a village on the outskirts of Mumbai while the
first formal Village Welfare Scheme was launched in 1952.

 Some of the projects in which they are involved:

[ Support to national Sport

[ Corporate Social Responsibility Policy
[ HwV/mw S - Workplace Policy
[ isaster Relief
[ Conservation of heritage structures
 m 
 wncorporated on 24 mugust 2000 as L&T
Cement Limited
 Name changed to UltraTech Cement
Limited with effect from 14 October 2004
 mnnual capacity of 18.2 million tonnes.
 Five integrated plants, Six grinding units
and three terminals- two in wndia and one in
Sri Lanka
 Country¶s largest exporter of cement
clinker
 


 Ultratech cement entails that the wealth that one
generates and holds is to be held as in a trust for
their multiple stakeholders.
 
 Îmditya Birla Centre for Community
wnitiatives and Rural evelopment´
 Ú



Rural development activities span five key areas
and our single-minded goal here is to help build
model villages. Focus areas include healthcare,
education, sustainable livelihood, infrastructure
and espousing social causes
mm
  
 Company was set up in 1986
 Most profitable cement company in wndia
 Lowest cost producer of cement in the world
 wts environment protection measures are at
par with the best in the world
 First company to introduce the concept of
bulk cement movement by sea in wndia.
 Largest exporter of cement in wndia
 


 The mmbuja Cement Foundation is the
Corporate Social Responsibility wing of
mmbuja Cements Ltd. that works with the
rural communities surrounding mmbuja¶s
manufacturing sites

 ?ngaged in a variety of people-centric,

integrated rural development projects.
 m  
 

m
¦
¦  ¦  ¦ 

Profit 1183.89 1280.98 1097.14 309.06

ividend 375.33 375.02 280.92 147.61

% 31.7 29.27 25.6 47.76

 m  m
m

 wncreasing level of dividends from 2005-2008

 Rising profits seen from 2006 to 2007
 Company has given dividends of 31.7% which
is the highest since 2006 despite of reduced
profits during recession
 One of the company¶s prime objective is to
maximize shareholders wealth
 m


 
 m
¦
¦  ¦  ¦ 

Profit 974.65 1007.54 782.14 229.53

ividend 72.24 62.24 49.79 21.79

% 6.39 6.17 6.36 9.49

m 
 m
m
 wncreasing level of dividends from 2005-2008
 Rising profits seen from 2006 to 2007
 Company has given dividends of 6.39% in
2008 which is high despite of reduced profits
during recession
 Company strives to maximize shareholders
wealth
 mm 
 
 

m
m
¦
¦  ¦  ¦ 

Profit 1174.17 1182.67 1460.87 458.97

ividend 334.97 532.65 461.24 189.16

% 28.52 45.03 31.57 41.21

mm 
 m
m
 wncreasing level of dividends from 2005-2008
 Rising profits seen from 2006 to 2007
 Company has given dividends of 28.52%
which is high despite of reduced profits
during recession
 Company strives to maximize shareholders
wealth
 m 
¦
¦  ¦  ¦ 

?PS 61.16 73.2 63.6 37.79

Market 622.961 1047.075 1011.773 525.6

price

Cost of 0.098 0.069 0.062 0.071

?
uity
 m  
m
m
 Cost of e
uity reduced in 2006 and has
been continually increasing since then
because the dividends paid are
proportionately greater than the market
price
 m  
¦
¦  ¦  ¦ 

?PS 80.09 62.28 18.22 0.12

Market 515.814 916.706 834.057 433.2

price

Cost of 0.155 0.067 0.021 0.0002

?
uity
m 
 
m
m
 Cost of e
uity has been continually
increasing due to the proportion of
dividends that are paid being greater
than the market price . This is evident
from the dividend paid.
 There has been a drastic increase in
?PS and the ?PS in 2008 is very high
despite the recessionary pressures of
the economy
 mm  
¦
¦  ¦  ¦ 

?PS 8.84 11.03 6.32 3.27

Market 65.1 141.84 127.81 85.75

price

Cost of 0.103 0.077 0.049 0.038

?
uity
 mm 
 
m
m
 Cost of e
uity has been continually increasing
due to the proportion of dividends that are
paid being greater than the market price . This
is evident from the dividend paid.
 m   
¦
¦  ¦  ¦ 

wnterest 39.96 73.87 75.19 66.19

ebt 482.03 306.41 915.98 1176.17

Cost Of 0.058 0.156 0.062 0.045

ebt
 m   
¦
¦  ¦  ¦ 

wnterest 125.51 82.31 86.83 89.64

ebt 2141.63 1740.50 1578.63 1451.83

Cost Of 0.041 0.030 0.041 0.049

ebt
 mm   
¦
¦  ¦  ¦ 

wnterest 32.06 75.85 113.23 91.77

ebt 288.67 330.42 865.38 1127.45

Cost Of 0.078 0.149 0.098 0.065

ebt

m
m

  of all the three
companies has been on a constant rise,
justified by the increase in the e
uity
shares and dividends.
 
m
m

    of mCC and mmbuja Cement have
seen increase from 2005-2007 and then a
reduction in 2008, reason being the debt
reducing in 2007,which resulted in low interest
payment. Ultratech cement shows an increase
in the cost of debt constantly in all years, due
to an increase in its total debts. The high debts
of the company have also resulted in increase
in sales and hence the increasing costs are not
disturbing.