Sanghi Inds Ltd. - CMP 69
Sanghi Industries is a well integrated cement manufacturing player based in Gujarat with an installed grinding capacity of 4MTPA, clinker capacity of 3.6MTPA and a 60MW multi-fuel power plant. It has next door access to excellent quality raw material lends it the distinction of being the lowest cost cement producer in the state and also leads to production of the best quality cement, therefore it commands a premium price in the Gujarat.
Sanghi generates one of the highest EBITDA per tonne in the western region on account of:
a) lower raw material cost; b) lowest labour cost; and c) lowest power & fuel cost in the industry because of multi-fuel power plant, own jetty to import coal & pet coke and availability of lignite within 43km range.
Future: -
Sanghi is undertaking a comprehensive capacity expansion in a planned and phased manner which will take total capacity of grinding to approx 8mt, clinker to 6.6mt and power to 126MW by 2020. Sanghi has set up terminals at Navlakhi in Gujarat & Dharamtar in Maharashtra and also ordered 2 ships to cater to the market via the coastal route.
One can expect fireworks in this counter within this calendar year!
Excerpts from Edelweiss