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Barak Valley Cements Limited was incorporated
as a Public Limited Company in the year 1999, under the
Companies Act, 1956.
The Company was promoted by Mr.
Prahlad Rai Chamaria, Mr. Bijay Kumar Garodia and Mr. Santosh
Kumar Bajaj. The promoters of the company are born and brought
up in the North East Region. All the promoters of the Company
are well known and reputed businessmen in North East and are
having a vast experience in different segments like plywood,
Timber, Cement, and Concrete Sleepers etc.
Presently
the Company is engaged in the business of manufacturing of
cement of different grades and is marketing its product under
the brand name "Valley Strong Cement". The company started its
commercial production in April 2001. The company started its
commercial production at the capacity of the plant at 300 TPD
initially. The capacity of the plant was further enhanced from
300 TPD to 460 TPD. The technology that is used in
manufacturing our product is Dry Process Rotary Kiln
Technology with 4 stage Suspension Pre Heater
technology.
The company is located in Assam and all the
operations of the company are concentrated in the North
Eastern region. The manufacturing unit of the company is at
Joom Basti, Devendranagar, Badarpurghat, District Karimganj,
Assam. Our sales are also concentrated in the North Eastern
region. Our operations include raw material procurement,
crushing, blending, grinding and packaging of cement. Our
product portfolio includes both Ordinary Portland Cement (OPC)
and Portland Pozzolana Cement (PPC). Our Company is ISO 9001:
2008 certified company and our products confirm to BIS (Bureau
of Indian Standards) specifications.
Being located in
Assam, we are entitled to get various benefits like Excise
duty exemption, Central Sales tax/VAT exemption, Income-tax
exemption, Working capital interest subsidy and Insurance
subsidy. |
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| We believe that the following are our
primary competitive strengths: |
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| Two critical materials for the cement
production are Limestone as raw material and coal as
fuel. Limestone deposits of good quality having CaO
(calcium Oxide) of more than 47% are spread over a large area
just 75 KM away from our plant site. Coal having Calorific
value of 6000-7000 Kcal /Kg. and ash content as low as 8% is
available in plenty in Bapung and Surupi, areas of Meghalaya,
which are 80-90 Kms from the factory site. Access to quality
limestone and coal used in production of cement at near by
locations, help us in producing BIS quality cement at
competitive prices. Further, there are no administrative
restrictions on the mining of coal and limestone, ensuring
ease in procurement of the same. |
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| NER Cement demand has been growing at a
faster pace than rest of the country. NER witnessed growth of
over 20% in demand for cement in FY09 over FY08 as against
8.4% for the country as a whole. In FY08, plants in NER had
capacity of 2.46mn tonnes leading to deficit of 1.06 mn
tonnes. Demand is estimated to grow at a faster pace vis-a-vis
rest of he country and outstrip supply in the region. |
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Currently BVCL is enjoying several State
and Central Government incentives. The Main incentives
available to the company are:
a) 100% Central
Excise duty exemption upto 31st March, 2018.
b) 100%
Central Sales tax/ 99% VAT exemption upto 31st March,
2017.
c) 100% Income-tax exemption under section 80 IC,
subject to Minimum Alternate Tax (MAT) U/s 115JB of Income Tax
Act, 1961 up to 31st March, 2018.
d) Insurance subsidy,
being 100% premium payable under Comprehensive Insurance
Scheme, 1997 by the Government up to FY 2018.
e) 3% Working
Capital Interest Subsidy payable by the Goverment upto FY
2018.
f) Capital Investment Subsidy of 30% investment in
new Plant & Machinery up to 31st March, 2017.
These
incentives ensure our competitiveness with national players as
well as help us in pricing our product competitively with
these players. |
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| Our manufacturing unit is located in Barak
Valley region, Assam. This entire area is surrounded by the
other states of North-East such as Mizoram, Tripura, and
Southern part of Meghalaya, which are our markets. Barak
Valley is the foot land of all the three states and Badarpur
Ghat is the junction point. Location. Our manufacturing unit
is well connected with national - highways and railway.
Location of our manufacturing unit helps us in reaching our
customers economically. Our location also helps us in meeting
the demand of dealers/subdealers/ distributors in shortest
possible time. |
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| Our produsts are approved and accredited
with Quality Standards viz BIS License for 53 Grade OPC Cement
IS 12269: 1987, BIS License for 43 Grade OPC Cement IS 8112:
1989, BIS License for PPC Part 1 Fly Ash Based Cement IS 1489:
Part 1: 199 1, BIS License for PPC Part 2 Calcined Clay
Based Cement IS 1489: Part 2: 1991. These quality standards
ensure our customer s that the quality of cement manufactured
by us is as per Industry norms. |
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| Our Board of Directors consisting of
experienced and qualified professionals, overview all the
strategic decisions and overall growth of our Company. Top
management of our Company consists of experienced
promoters who are ably supported by qualified professionals
heading key functions. The Philosophy of our Management
involves building relationship with our employees as well as
business associates. |
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Our Company has the following companies as its wholly owned
subsidiaries:
Badarpur Energy Private Limited (BEPL):
BEPL has set up a 6MW Biomass captive Power Plant at
Badarpurghat, Dist Karimganj, Assam.
Badarpur
Energy Pvt. Ltd., has also acquired three tea Companies in the
name of Goombira Tea Company Pvt. Ltd., Chargola Tea Company
Pvt. Ltd. and Singlacherra Tea Company Pvt. Ltd. by way of
acquisition of the entire shareholding of these Companies and
takeover of management. Consequently, these companies become
the chain subsidiaries of Barak Valley Cements
Limited.
Cement International Limited (CIL):
CIL has set up a 300 TPD Cement Grinding unit at
Badarpurghat, Dist Karimganj, Assam and has commenced the
commercial production in the month of April, 2007.
Meghalaya Minerals & Mines
Limited (MMML): MMML has set up a 800 TPD
Crusher unit at Jaintia Hills, Lumshnong, Meghalaya has
commenced the commercial production in the month of April,
2007
Our Subsidiary companies are also entitled to
several incentives and subsidies as under mentioned, after
coming into their commercial production.
a) 100%
Central Excise duty exemption for a period of 10 years.
b)
100% Central Sales tax/ 99% VAT exemption up for a period of 9
years
c) 100% Income-tax exemption under section 80 IC for
a period of 10 years subject to Minimum Alternate Tax U/s
115JB of Income Tax Act, 1961.
d) Insurance subsidy, being
100% premium payable under Comprehensive Insurance Scheme,
1997 by the Government for a period of 10 years.
e) 3%
Working Capital Interest Subsidy payable by the Government for
a period of 10 years. |
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| We have a diversified customer base
consisting of individuals, contractors, builders, institutions
and government agencies. Our main institutional and Government
customers are Director General Of Supplies & Disposals
(DGS&D), 19th Assam Rifals, Executive Engineer Rural
Development, ONGC, BSF, etc. |
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| Our Company has been able to give
the consistent performance in terms of Sales, Profitability
from the last four years. The company has started the
commercial production in the year 2001 The company's sales and
the Compounded Annual Growth Rate (CAGR) have also shown the
upward trend. The financial parameters of the company are the
indicators of its performance and the company has been able to
outshine and stand among the other players in the Cement
Industry. |
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Health Care
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Medical camps were
conducted in host communities and villagers medically
examined and provided necessary treatment. Treatment for
cataract, tuberculosis, pre and post natal care for
women were some of the areas covered. |
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AIDS awareness camps generated
greater awareness |
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Pulse Polio programmes, Family
Planning Programmes, Vaccination of Child
Programme and provisions of safe
drinking water were some of the other health care
initiatives.
New
Medical Clinic has also been set up in surrounding area
of plant to cater to the needs of Backward Families
through free of cost Check-ups & distribution of
free medicines.
BVCL has also set up
free Health Care Centre at Debendra Nagar, Badarpurghat,
Distt. Karimganj, Assam for the
welfare of Local Community dedicated to providing
excellent primary Health Care free of Cost to needy
people regardless of race, religion or
gender |
Education
Your
Company is regularly taking steps to promote education in
nearby areas; Your Company has also built a school for the
children of the workers and villagers. Your company also
organized a quiz programe on state level in Guwahati.
Social
Welfare
Mass
marriage programme for scheduled caste couples, exhibition and
training on balanced diet and food preservation for women and
girl students, awareness drive on Knowledge, Attitude and
Practices, were conducted to increase women empowerment.
Your Company has constructed
various Waiting Sheds for common mass people at different
places like Badarpurghat, Silchar and
Ziribum.
Your
Company has also constructed a park namely Valley
Strong Island at Badarpurghat
at tri-junction on NH-44 and
NH-53. |
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