Sanghi Industries Limited, established in June 1985, is a prominent manufacturer of clinker and cement. The company is part of Ambuja Cements Limited and the diversified Adani Group, positioning itself among India's leading cement companies. It operates one of the largest single-location cement plants in India, featuring a 6.1 MTPA capacity integrated cement plant located in Kutch, Gujarat.
The Sanghipuram unit is a fully automated, ultra-modern cement plant situated in Kutch, Gujarat. This integrated manufacturing facility includes a 6.6 MMTPA capacity clinker plant, a 6.1 MMTPA capacity cement plant, 143 MW capacity captive power plants, and bulk cement terminals at Navlakhi (Gujarat) and Kochi (Kerala). The cement is produced at what was once considered the world's largest single-stream cement plant located at Sanghipuram in the Abdasa Taluka of Kutch district in Gujarat.
The company operates a fully integrated plant equipped with multi-fuel technology, including captive facilities such as a thermal power plant, an all-weather port, sea terminals at Gujarat and Mumbai, and its own vessels to cater to market demands. This plant was set up in collaboration with Fuller International Inc, US, and their Indian associate, Fuller KCP, featuring state-of-the-art technology that has revolutionized cement production.
Sanghi Industries possesses one of the largest limestone reserves in the country, with 'A grade' marine limestone reserves of approximately 1 billion MT. Due to the high quality of its mineral reserves and advanced manufacturing technology, the company is able to produce superior grade cement while maintaining a competitive cost of production.
The company manufactures clinker and different types of cement, including Ordinary Portland Cement (OPC) at 66%, Portland Pozzolana Cement (PPC) at 33%, and Portland Slag Cement (PSC) at 1% of revenue split for FY23. The company sells its products in key Indian states such as Gujarat, Rajasthan, Maharashtra, and Kerala, as well as in international markets across the Middle East, Africa, and the Indian subcontinent. It also sells Ready Mix Concrete in the Ahmedabad and Rajkot markets.
The company achieved Export House status within the first eight months of commencement of operations, making it a unique Indian company to achieve this distinction. It has been recognized with Special Awards from CAPAXIL for the years 2002-03, 2003-04, and 2005-06 for outstanding performance in the export of cement and clinker.
The market capitalization of Sanghi Industries is ₹1,594.13 crore as of June 10, 2025. The stock has experienced a 52-week high of ₹112.62 and a 52-week low of ₹50.58. Promoter holding in the company stands at 75.00% as of March 2025.
The company's recent financial performance indicates challenges, with key financial metrics for different periods:
- Market Capitalization: ₹1,594.13 crore (as of June 10, 2025)
- 52-Week High/Low: ₹112.62 / ₹50.58
- Promoter Holding: 75.00% (as of March 2025)
- Q4 FY25 Performance:
- Net loss of ₹116.91 crore (compared to ₹19.02 crore loss in Q4 FY24)
- Sales rose 17.69% to ₹335.25 crore (versus ₹284.87 crore in Q4 FY24)
- FY25 Annual Performance:
- Net loss of ₹498.37 crore (compared to ₹448.79 crore loss in FY24)
- Sales rose 16.99% to ₹968.70 crore (versus ₹828.00 crore in FY24)
- Q3 FY25 Performance:
- Net loss of ₹96.96 crore (compared to ₹201.55 crore loss in Q3 FY24)
- Sales rose 36.94% to ₹258.96 crore (versus ₹189.11 crore in Q3 FY24)
Sanghi Industries Limited operates as a subsidiary of Ambuja Cements Limited, a part of the Adani Group. The company is listed on the Bombay Stock Exchange (BSE) under ticker symbol 526521 and on the National Stock Exchange (NSE) under SANGHIIND. The company has an authorized capital of ₹2,550.00 crore and a paid-up capital of ₹258.33 crore.
The company was the first plant in India to install a cross-belt analyzer for micro-analysis of limestone, ensuring consistent superior quality of cement. It was also the first to implement an alkali bypass system, which ensures low alkali content in cement, eliminating alkali-aggregate reactions to safeguard against cracks in the cement paste. The company's commitment to positive transformation has resulted in converting the arid landscape of the nearby area into a green and clean zone, and it is recognized for its best practices in environment management and corporate citizenship.
Sanghi Industries has been awarded first prize for three consecutive years for Best Mining operations from the Indian Bureau of Mines and Directors of Mines Safety, Government of India, recognizing various aspects of its mining operations.
Sanghi Industries continues to maintain its position as a significant player in India's cement industry, leveraging its advanced manufacturing capabilities, strategic location, and substantial limestone reserves to serve both domestic and international markets despite facing recent financial challenges.
