Wonder Cement

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Wonder Cement Limited
Company type Private
Industry Building materials
Founded2010 [1]
Headquarters
Udaipur, Rajasthan
,
India
Areas served
 Haryana, Delhi, Uttar Pradesh, Uttarakhand, Punjab, Rajasthan, Madhya Pradesh, Gujarat Maharashtra
Key people
Ashok Patni (Chairman)
Vimal Patni (Vice Chairman)
Suresh Patni (Managing Director) [2] [3]
Products Cement
RevenueIncrease2.svg₹7,171 crore (US$820 million) (FY24) [4]
Increase2.svg₹1,363 crore (US$160 million) (FY24) [4]
Increase2.svg₹430 crore (US$49 million) (FY24) [4]
Number of employees
1,243 (2021)
Parent RK Group [5]
Website www.wondercement.com

Wonder Cement is an Indian cement producing company that is based out of Rajasthan. It was started in 2010 under RK Group. [6] It manufactures Portland pozzolana and ordinary Portland cement for plaster, brickwork, and other construction applications. [7]

Contents

History

In 2012, the company set up its first unit in Nimbahera, Rajasthan, with thirty lakh tonnes per annum. [8] In 2015, Wonder Cement added another unit taking its annual cement production to 67.5 lakh tonnes. [9]

In 2018, the company invested ₹450 crore to set up a 20 lakh (2 million) tonne per annum clinker grinding unit in Dhule, Maharashtra. [10] [11] [12] In 2019, Wonder Cement invested ₹1,100 crore to build a third plant at Nimbahera in Rajasthan's Chittorgarh district, increasing its annual capacity of producing close to 1.1 crore (11 million) tonnes of cement. [13] [14] In 2020, Wonder Cement invested ₹800 crore to set up cement plants in Badnawar and Jhajjar which increased the annual capacity to 1.3 crore (13 million) tonnes of cement. [15] [16]

In 2023, Wonder Cement announced the setup of a new grinding unit at Tulsigram village in Gujarat, while the company's total production capacity reached 18 million tonne per annum. [17] In 2024, Wonder Cement signed a sponsorship deal worth ₹250 crore (US$29 million) with the Indian Premier League. [18]

References

  1. ↑ "Wonder Cement Profile". Zauba Corp.
  2. ↑ "Wonder Cement Profile". Tofler.
  3. ↑ "About Us". Wonder Cement.
  4. 1 2 3 "Wonder Cement Limited" (PDF). CARE Ratings. 26 September 2024. Retrieved 22 March 2025.
  5. ↑ Balakrishnan, Reghu; PM, Indulal (31 October 2018). "Blackstone, Temasek in talks for Wonder Cement stake". The Economic Times. Archived from the original on 19 March 2019. Retrieved 22 May 2024.
  6. ↑ Pioneer, Daily. "Wonder Cement's second grinding unit starts".
  7. ↑ "Company Profile". Bloomberg.
  8. ↑ Express, Financial. "Wonder Cement to Provide Clean and Cold Drinking Water to People Across 29 Districts in the States of Rajasthan, Madhya Pradesh and Gujarat".
  9. ↑ Outlook, Industry. "Wonder Cement: Committed To Create Cutting-Edge Cement Manufacturing Methods".
  10. ↑ "Wonder Cement sets up third plant in Rajasthan" . BusinessLine. 31 July 2019. Retrieved 8 February 2024.
  11. ↑ Kurup, Rajesh (19 August 2018). "Wonder Cement invests ₹450 cr in Maharashtra clinker grinding unit". BusinessLine. Retrieved 8 February 2024.
  12. ↑ Cement, Global (20 August 2018). "Wonder Cement plant launched in Maharashtra".
  13. ↑ Haritas, Bhragu (14 October 2020). "How Wonder Cement streamlined its in-plant logistics with IoT". Economic Times India Times.
  14. ↑ "Wonder Cement sets up third plant in Rajasthan's Nimbahera". The Week. Archived from the original on 7 June 2021. Retrieved 7 June 2021.
  15. ↑ Times, Economic. "Wonder Cement to invest Rs 350 crore to develop grinding unit in Madhya Pradesh".
  16. ↑ "Rs350 cr cement plant comes up in Dhar". The Times of India.
  17. ↑ "Wonder Cement announces setting up of new production unit at Tulsigam, Gujarat". The Economic Times. 1 January 2024. Retrieved 22 May 2024.
  18. ↑ Farooqui, Javed (22 May 2024). "BCCI signs IPL sponsorship deal with Wonder Cement worth Rs 250 crore". The Economic Times. Retrieved 22 May 2024.
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