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April 28, 2015 12:29 PM ET

Construction Materials

Company Overview of Orient Cement Limited

Company Overview

Orient Cement Limited is engaged in the production and marketing of cement in India. It offers OPC and PPC cement under the Birla A1 brand name. The company markets its products through a network of dealers. Orient Cement Limited was founded in 1979 and is based in New Delhi, India.

Birla Tower

3rd Floor

25, Barakhamba Road

New Delhi,  110001

India

Founded in 1979

971 Employees

Phone:

91 11 4209 2100

Fax:

91 11 4209 2198

Key Executives for Orient Cement Limited

Managing Director, Chief Executive Officer, Executive Director, Chairman of Committee of Directors, Chairman of Management Committee, Chairman of Shareholders/Investors' Relation Committee and Member of Audit Committee
Age: 59
Total Annual Compensation: $22.4M
Compensation as of Fiscal Year 2014.

Orient Cement Limited Key Developments

Orient Cement Limited Appoints Amita Birla as Additional Director in the Category of Non-Executive Director

Orient Cement Ltd. announced that the Board of Directors of the Company at its meeting held on March 27, 2015, has appointed Ms. Amita Birla as Additional Director in the category of Non-Executive Director, liable to retire by rotation.

Orient Cement Limited, Board Meeting, Mar 27, 2015

Orient Cement Limited, Board Meeting, Mar 27, 2015. Agenda: To consider the appointment of woman director; and to consider the re-appointment of managing director.

Orient Cement Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Declares Interim Dividend for the Fiscal 2015

Orient Cement Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales were INR 3,834.920 million against INR 3,405.573 million a year ago. Profit from operations before other income, finance costs and tax was INR 501.636 million against INR 356.270 million a year ago. Profit from ordinary activities before tax was INR 474.455 million against INR 347.127 million a year ago. Net profit from ordinary activities after tax was INR 311.026 million against INR 229.115 million a year ago. Diluted earnings per share were INR 1.52 against INR 1.12 a year ago. For the nine months, the company reported net sales were INR 11,479.189 million against INR 10,341.741 million a year ago. Profit from operations before other income, finance costs and tax was INR 1,733.254 million against INR 1,160.586 million a year ago. Profit from ordinary activities before tax was INR 1,659.384 million against INR 1,130.348 million a year ago. Net profit from ordinary activities after tax was INR 1,093.070 million against INR 746.772 million a year ago. Diluted earnings per share were INR 5.34 against INR 3.65 a year ago. The board of the company has declared interim dividend of 75 paise per share on equity of INR 1 each for the fiscal year 2015 on the paid up capital of the company.

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