The company has 10 limestone mines, which are well -headed mines, and most of the operational mines located very close to the company’s integrated units | Photo credit: Moorthy M
In 2014, Nirmo Ltd, led by Karsanbhai Patel, chose Nimbol in Rajasthan to enter the highly competitive cement business by establishing a Greenfield 2.3 MTPA cement plant (millions of tons per year). Since being a late participant in the Commercial Panorama of Cement of India, the entity that was once incipient has grown today in 15 and is now seeking to operationalize its recent acquisition of Cements Vadraj for the third quarter of the financial year 2027.
The recent acquisition of Vadraj Cement Ltd gives the cement arm a crucial entrance in Gujarat in the form of limestone reserves, captive springs and clinker and grinding units. The Indian cement sector has seen a series of consolidations through acquisitions in the last three years with companies such as Ultra Cement, Ambuja Cement and Dalmia Bharat participating in crucial agreements.
Armed with brands such as “Concert”, “Duraguard” and “Double Bull”, Nirma Nuvoco Cement Arm Views Corporation Ltd (NVCL), headed by Hiren Patel, the son of Patriarch Karsanbhai extended in eight states. “This acquisition of Vadraj Cement marks a growth of 15 times in almost a decade of us one of the fastest growing cement companies in India,” said a company spokesman. Business line. The assets acquired by Cements Vadraj, which include a 3.5 MTPA clinker plant in Pussch and 6 MTPa of rectification in Surat, will only be operational for the third quarter of the financial year 2027, the spokesman added.
In 2016, the company caused a great splash in the cement business panorama of India when it acquired the assets of the French cement manufacturer Lafarge for an ₹ 9000 million rupee assessment. Four years later, the company marked another milestone with the acquisition of Emami’s cement business for ₹ 55 billion rupees. With the Law Court of the National Company (NCLT) that gives an approximate for the acquisition of Cements Vadraj, the Cement capabilities of Novoco will be strategically distributed in the east-northwest of India. It includes manufacturing capabilities of 19 MTPA in the East, 6 MTPA in the north and 6 mmtpa in the West, thus consolidating the position of Nuvoco as the fifth largest cement group in India, the company said in an answer sent by email.
Although a payment in advance of ₹ 1.8 billion rupees will be paid for the acquisition of Vadraj, Nuvoco will invest approximately ₹ 1,000-1,200 million rupees to relive and operationalize the Vadraj cement plant, which has not finished non-operational for almost. At the end of the acquisition, Vadraj Cement will mark the entry of neu -courses in the manufacture of cement in Gujarat. “This strategic movement not only strengthens the group’s manufacturing footprint, but also provides direct access to a key market in western India, complementing the strong existing presence of Nuvoco in the east,” said the company’s spokesman.
The company has 10 limestone mines, which are well -headed mines, and most operational mines are very close to the company’s integrated units. To or December 2020, the limestone mines had aggregate residual reserves or an estimated 1.7 billion TM or limestone.
Limestone reserves
The acquisition of Vadraj Cement also brings limestone reserves for the company in Gujarat. When asked about the reserves that the company possesses and the additions that will occur after the acquisition, the company spokesman said: “Vadraj Cement has high quality limestone reserves that are crucial to guarantee a boundary consistent for Gujarat cement materials, complementing the company’s production facilities and guaranteeing the sustainability of the operations.
The company has 13 cement plants, eight of which are in East of India and three in northern India. This includes Jojobera (in Jharkhand), Bhabua (in Bihar), Jajpur (in Orissa), Mejia and Panagarh (in Western Bengal), Sonadih, Arasmeta and Risda (in Chhattisgarh), Nimbol and Chorylyana (in Rajastan).
Currently, the jojobera neuvocus plant has the highest cement production capacity of approximately 6.5 mmtpa. The company’s growth trajectory continued the duration of the fiscal year that has just ended. The company’s consolidated cement sales volume recorded a growth of 16 percent year -on -year to 4.7 million metric tons in the third quarter of fiscal year 25. The consolidated revenues of the operations stood at ₹ 2,409 million rupees, the same permod.
When asked if Jetty in Gujarat acquires through the acquisition of Cements Vadraj will be used for exports, the company spokesman said: “When acquiring Vadraj cement, Nuvoco improves its footprint in this critical region of Western India, optimizing its logistics, strengthening supply chains and improving access to key markets.
Posted on April 13, 2025