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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.
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 and provisions of safe drinking water were some of the other health care initiatives. |
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. |
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