Penna Cement Industries Limited

Banjara Hills, Hyderabad, Telangana

08048119120

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Penna Cement Industries Limited

Penna Cement is one of the largest privately held cement companies in India, with an installed cement capacity of 7 Million Tonnes Per Annum.

Founded in 1991, Penna Cement has established itself as one of the most trusted cement brands, with significant footprints in southern and western India. Our clientele ranges from small house owners to established real estate developers and from various state governments to global construction majors.

Over the last two decades, we have grown organically by developing in-house expertise and capabilities, across the entire value chain in the cement industry. All our cement plants are equipped with state-of-the-art technology, enabling the company to deliver the superior quality products.

Factsheet

Basic Information

Nature of Business	Manufacturer
Company CEO	Shankar
Year of Establishment	1991
Legal Status of Firm	Public Limited Company

Statutory Profile

GST No.	36AABCP2290D1ZP
CIN No.	U26942AP1991PLC013359

Quality Standards

At Penna Cement, we believe that the long term success of the company is not only closely linked to building long term relationships with its customers but also dependent on long term and successful relationships with all its stakeholders.

We listen to our customers to deliver the solutions that work for them. We treat our vendors as our partners. We train our employees to do business with integrity and a lot of humility. We contribute to our local communities by providing them quality healthcare, education and infrastructure. We minimize our impact on the environment by doing what’s right, not what’s easy. We believe in ‘Building Quality Relationships’.

Our Strengths

Sustainability

At Penna, we strongly believe that Sustainability is one of the most powerful answers to the challenges being faced by our society today. We believe that a strong financial performance serves as more than just profit. It allows us to make investments that continue responsible and safe operations, impart more skill-sets in our employees, and help us enrich the communities we work and live in.

We believe in caring and nurturing the environment and the community. We work collectively and individually towards a sustainable and green environment.

About Us

Penna Cement is one of the largest privately held cement companies in India, with an installed cement capacity of 7 Million Tonnes Per Annum.

Founded in 1991, Penna Cement has established itself as one of the most trusted cement brands, with significant footprints in southern and western India. Our clientele ranges from small house owners to established real estate developers and from various state governments to global construction majors.

Over the last two decades, we have grown organically by developing in-house expertise and capabilities, across the entire value chain in the cement industry. All our cement plants are equipped with state-of-the-art technology, enabling the company to deliver the superior quality products.

Our Vision & Mission

We commit to provide all our stake holders with excellent service, by way of delivering high quality cement at the most remunerative price while maintaining highest standards in Corporate Governance, Sustainability and Corporate Social Responsibility. Our Vision is to become the Industry Leader by providing innovative solutions to the growing challenges faced by the modern construction industry.

Our Milestones

1991
Our journey begins
Incorporation of Penna Cement Industries Ltd

February 1992
Selection of site at Talaricheruvu
Land selected at Talarichervu village for our first cement plant

April 1992
Bankers visit at Talaricheruvu site
Survey of the site conducted at Talaricheruvu by various Bankers

1994
Commissioning of 0.2 MTPA cement plant at Talaricheruvu
Our first plant Installed and commissioned with a capacity of 0.2 MTPA at Talaricheruvu

1999
Installation of second kiln at Talaricheruvu plant
Our production capacity increases from 0.2 MTPA to 1 MTPA with the installation of second kiln at Talaricheruvu plant

2002
Expansion of capacity at Talaricheruvu Plant to 1.2 MTPA
Our production capacity further increased at Talaricheruvu plant from 1 MTPA to 1.2 MTPA

2002
Commissioning of second cement plant at Ganeshpahad
Our second plant installed at Ganeshpahad with an initial capacity of 0.8 MTPA and subsequently expanded to 1.2 MTPA

2003
Penna Cements crosses 1.3 MT in cement dispatches
For the first time we cross the barrier of 1 Million Tonnes in yearly dispatches in the year FY 2002 -2003

2004
Talaricheruvu plant capacity expansion to 1.8 MTPA
Our production capacity at Talaricheruvu plant further expanded from 1.2 MTPA to 1.8 MTPA

2004
Joint Venture with Pioneer cements LLC
We set up our first joint venture with Pioneer Cements LLC, a 50: 50 joint venture in UAE for a 1.5 MTPA cement plant in alliance with RAK Investment Authority of the Government of UAE

2005
Established a joint venture with Parasakti Cements Ltd
Our first Joint venture in India, Establishes Parasakti Cements Ltd a 50:50 joint venture with a production capacity of 0.5 MTPA in Guntur, Central Eastern Andhra Pradesh

2008
Commencement of construction of Tandur Plant
We Commence construction of our fourth cement plant with a capacity of 2.0 MTPA at Tandur in Rangareddy District

2008
Commencement of construction of Power Plant at Ganeshpahad
We commence construction of our first captive power plant with 77 MW coal based power plant at Ganeshpahad

2008
Commissioning of Boyareddypalli Plant with a capacity of 2.0 MTPA
We commission our third cement plant with a capacity of 2.0 MTPA capacity at Boyareddypalli, in South western Andhra Pradesh with rail head facility

2009
Expansion of capacity at Parasakti plant to 1.2 MTPA
We undergo further expansion and commissioning of capacity at Parasakti plant from 0.50 MTPA to 1.20 MTPA

2011
Sold stake in Pioneer Cement Industries LLC
We sold our stake in Pioneer Cement Industries LLC, a 1.5 MTPA cement manufacturing unit located at Ras-Al-Khaimah, UAE to Raysut Cements

2013
Expansion plans at various locations
Plans for extensive expansion by setting up new units at various locations across the country

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Our Projects

Our mission to build lasting relationships with all our stakeholders is advocated by our clients’ preference to choose us over others, every single time. We are associated with some of the most reputed companies in the country and our contribution has been integral in the development of national landmarks. Our strict adherence to quality, integrity in maintaining transparency and focused dedication towards delivering only the best to our clients have added a number of prestigious projects to our portfolio.

Hyderabad International Airport
Hyderabad

Purvankara Venezia
Bangalore

Vallarpadam Container Terminal
Kochi

Prestige Shantiniketan
Bangalore

LNG Terminal
Kochi

Krishnapatnam Port
Nellore

BSCPL Toll Road
Ongole - Addanki Highway

L&T Metro
Hyderabad

Godavari Bridge
Ravulapalem

TATA Realty SEZ
Chennai

PBEL City
Hyderabad

ICICI Gachibowli
Hyderabad

Veligonda Dam
Srisailam

ITC Grand Chola
Chennai

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Our Team

Mr. P Prathap Reddy

Mr. P Prathap Reddy founded PCIL in 1991 and has been its Managing Director since its inception. Right after graduating from college, Mr Reddy took up civil engineering contracts under the name of “PIONEER BUILDERS”. Pioneer Builders has executed many prestigious civil engineering contracts for various state governments such as A.P, Karnataka, Maharashtra, Kerala and Tamilnadu.

Under the leadership of Mr. P. Prathap Reddy, Penna Cement has shown consistent growth and has established itself as one of the largest privately held cement companies in India.

MR. P MUNI KRISHNA

Mr P. Munikrishna is a B.Sc (Chemistry) graduate and a qualified Mechanical Engineer from Sri Venkateswara University. Mr. Munikrishna has over 40 years of vast experience in cement industry, both in project implementation and plant operations. In the past, he has been associated with the successful implementation and operation of reputed cement plants such as Raasi, Sagar, Cement Division of Coromandal Fertilisers etc.

As the Managing Director of Priyadarshini Cement Limited, he was responsible for the complete turnaround of the company. Mr Munikrishna is presently Managing Director of Parasakti Cement Industries Limited.

MR. P VENUGOPAL REDDY

Mr. P. Venugopal Reddy is a Commerce Graduate. After completing education, he started Civil Engineering contracts under the name of M/s.V.R. Constructions, a company which has executed many prestigious civil engineering contracts for various state governments. Mr. Venugopal Reddy has a rich experience in Civil Engineering and project administration.

MR. Y SANTOSH KUMAR REDDY

Mr. Santosh Kumar Reddy, a Mechanical Engineering Graduate, is currently Managing Director of Rain CII Carbon (Vizag) Limited (RCCVL), a company involved in manufacturing of Calcined Petroleum Coke (CPC) with 49 MW of Co-Generation of Electricity in the port of Visakhaptnam, Andhra Pradesh, India.

Mr Reddy has extremely rich experience in the manufacturing industry and over the decades has been responsible in establishing some of the best corporate governance practices in RCCVL and Penna Cement.

MRS. P DEEPTHI REDDY

Mrs. P Deepthi Reddy is a Bachelor in Business Administration (BBA) graduate from Cardiff University, UK. Since 2004, she has been actively working with Penna Trust, a trust responsible for implementing the group’s strategic initiatives in Corporate Social Responsibility.

In the year 2013, she was also appointed as director on the board of Penna Cement Industries Ltd.

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Our Management

MR. B VIKRAM REDDY - EXECUTIVE DIRECTOR

Mr. B. Vikram Reddy possesses a MBA degree from The University of Chicago, Booth School of Business and also a Master’s degree in Information Technology from Carnegie Mellon University, USA. He has also done his B.Com from Loyola College, Chennai.

Mr. B. Vikram Reddy started his professional career as a Senior consultant with Deloitte (USA) where he worked for over 3 years. In 2008, he returned to India to join the family businesses. Initially, he joined the Power Division of Penna and focused on implementation of Hydro Power Projects. In 2012, he was appointed as an Executive Director on the board of Penna Cement Industries Limited. Mr. B. Vikram Reddy looks after all day to day operations of the company.

MR. D L KANTHAM - DIRECTOR(TECHNICAL)

Mr. D L Kantham is a Bachelor of Science and has an experience of more than 40 years in the cement industry. He has been associated with Penna Cement since its inception. Mr. Kantham has been responsible for the erection and commercial production of each of the Penna Cement plants. He is responsible for the manufacturing operations of all the Cement Plants of the Company. In the year 2012, he was appointed as Director (Technical) on the board of Penna Cement Industries Limited.

MR. PETLURU VENUGOPAL REDDY - DIRECTOR(FINANCE)

Mr. Petluru Venugopal Reddy is a Chartered Accountant and Law Graduate by profession. He has an experience of more than 2 decades in cement and power industry. He has been associated with Penna group of companies for the last 8 years. In the year 2013, he was appointed as Director (Finance) on the board of Penna Cement Industries Limited. He is also on the board of several power companies in India.

MR. R P SINGH - DIRECTOR(MARKETING)

Mr. R P Singh possesses a rich work experience of over 37 years in various functions like Marketing, HR, Logistics, Liaison, Strategy & Business Development. Previously, Mr.Singh has worked in senior leadership positions with reputed cement players like ACC, ICL, MCL, Sanghi Industries, Saurashtra Cement and MyHome Cement.

Before joining Penna Cement as Director – Marketing, Mr Singh worked as the MD & CEO of SriJayaJyothi Cements Ltd. Mr R P Singh is a science graduate from Karnataka University, with an MBA from FMS, Delhi.

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Our Clientele

Our Clientele

Mantri
NRC
prestige
RDC Concrete
Bridage
Puravankara
L & T Metro Rail
NTPC

Business Objectives

Other Businesses
Penna group has grown over the last two decades and today has business interests in diversified sectors such as Power, Alumina, Construction and Hospitality businesses.

Power
Power is one of the emerging sectors in which Penna has successfully entered and established a portfolio of hydro and gas based plants in a very short span of 15 years.

Our total hydro and gas power generation capacity is 173 MW spread across the states of Himachal Pradesh, Karnataka and Tamil Nadu.

Aluminium
Anrak Aluminium Ltd is a state of the art Alumina Manufacturing unit strategically located in an SEZ near Vizag (AP).

With an annual capacity of 1.5 Million Tonnes, the company exports its production to various clients across the globe. The plant also has a captive thermal power plant of 225MW.

Construction
Penna group has ventured into the business of hospitality and is in final stage of construction of a five star hotel in Hyderabad. Pioneer Hotels and Resorts Limited (PHRL) has plans of setting up hospitality projects across the country.

Pioneer Builders Limited (PBL) undertakes various irrigation projects.

Transport
Pioneer Builders Limited ( PBL) Transport division is the primary transporter for PCIL.

They transport around 30 to 40% of total road movement for PCIL. They have a fleet of over 200 trucks. The transport division operates out of 2 garages strategically located at Tadipatri and Ganeshpahad.

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Social Responsibilities

Our Responsibility

We believe that our responsibility is to positively impact the society and make it a better place to live in. We believe that even small improvements adds up in building a better world.

We endeavour towards imparting the basics of livelihood to our villages and the community – food, water, shelter and education. We are proud of the fact that we have been able to significantly increase quality of lives in all the villages surrounding our plants.

We continuously undertake health camps to improve the lives of the villagers. We are actively involved in the improvement of roads and other infrastructure. We have provided free education and vocational training to thousands of kids since our inception.

Our Passion

We are extremely passionate about conserving the environment and we believe in giving back to Mother Nature which provides us with all the natural resources. This is reflected by our various contributions and initiatives towards a healthier and cleaner environment.

To protect, nurture and flourish the environment is one of the core values of our company.

In our quest towards conserving our environment, we have adopted the latest technologies to ensure reduction in CO2 emissions, we have set up water treatment plants at all our works and we have pioneered the use of various kinds of fuels to substitute Coal for our energy needs. This practice of continuous improvement has been engrained in our operations from the time of our inception.

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Corporate Social Responsibilities

Empowerment

We believe in the mantra of empowerment of women, children and the youth in the villages to enable them to have definite control over their lives and destiny.

Self help groups have been actively involved in empowering women, both economically and socially. The empowerment of women through these SHGs has not only been beneficial to individual women but also for the family and community as a whole through this collective action for development. Our SHGs regularly undertake various workshops & training programmes for

(a) Building an awareness of women’s personal legal rights(b) Developing leadership skills(c) Supporting each other in domestic violence issues(d) Strengthening their emotional well being.

Why Us?

Working With Penna

The work culture at Penna is built on the foundation of two pillars – trust and respect. Every team member is not just empowered to make decisions but encouraged to do so.

Our culture is that of inclusiveness, personal encouragement, performance recognition and promotion of talent and innovation. We understand that a dedicated team is undoubtedly the most prized asset any organization can have and we provide ample learning and growth opportunities to ensure that your skills and productivity accelerate with time and responsibility. We pride ourselves in creating and maintaining a work ethic and a culture that is positive and supportive.

The company places great emphasis on the provision of the opportunities, facilities and financial assistance to ensure that all employees are in possession of the knowledge, skills and experience which are necessary to perform their jobs to the highest possible standards.

With the cement industry being the backbone of industrial development in India, we believe we are equipped with the right model of growth and expansion for what the future holds. Our plans for the future include setting up additional grinding and cement manufacturing units in the western and south-eastern regions of India that will enable us to penetrate the western, northern and north-eastern regions and gain access to high-margin markets.

Already in the premium league of Indian companies that have a pan-Indian presence and an international footprint, we have myriad opportunities for those ready to be a part of the exciting times ahead.

Whom We Look For

At Penna, we are always growing and looking for that extra edge that makes you stand out from the rest. We have various opportunities that require diverse skill sets and are looking for the right candidates for the right roles to make a perfect fit.

Enterprising

We look for professionals who are open to an always evolving environment and are ready to take on new challenges. Enterprising would be the key trait that we are interested in and look for you to further demonstrate it as you work on different projects.

Motivated

We believe empowered professionals who set goals and achieve them beyond expectations are motivated individuals who not only are responsible for their workload, but encourage others too.

Results Oriented

We take pride in having a result-oriented workforce along with a performance management system that rewards high performance and excellence.

Leadership

As a company with growth as focus, potential will always be rewarded. Leadership skills will be acknowledged and nourished in the organization. We want you to be the next leaders of change at Penna.