Wonder Cement
{{Short description|Indian cement production company}}
{{Undisclosed paid|date=June 2021}}
{{Use dmy dates|date=May 2022}}
{{Use Indian English|date=May 2022}}
{{Infobox company
| name = Wonder Cement Limited
| type = Private
| traded_as =
| logo = Wonder Cement.svg
| logo_size =
| foundation = 2010{{cite web |title=Wonder Cement Profile |url=https://www.zaubacorp.com/company/WONDER-CEMENT-LIMITED/U26943RJ2005PLC021205 |website=Zauba Corp}}
| hq_location_city = Udaipur, Rajasthan
| hq_location_country = 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){{cite web |title=Wonder Cement Profile |url=https://www.tofler.in/wonder-cement-limited/company/U26943RJ2005PLC021205 |website=Tofler}}{{cite web |title=About Us |url=https://www.wondercement.com/aboutus |website=Wonder Cement}}
| industry = Building materials
| products = Cement
| revenue = {{up}} {{INRconvert|7171|c}} (FY24)
| operating_income = {{up}} {{INRconvert|1363|c}} (FY24)
| net_income = {{up}} {{INRconvert|430|c}} (FY24){{cite web |title=Wonder Cement Limited |url=https://www.careratings.com/upload/CompanyFiles/PR/202409140901_Wonder_Cement_Limited.pdf |publisher=CARE Ratings |date=26 September 2024|access-date=22 March 2025}}
| num_employees = 1,243 (2021)
| homepage = {{URL|https://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.{{cite news |last1=Pioneer |first1=Daily |title=Wonder Cement's second grinding unit starts |url=https://www.dailypioneer.com/2020/state-editions/wonder-cement---s-second-grinding-unit-starts.html}} It manufactures Portland pozzolana and ordinary Portland cement for plaster, brickwork, and other construction applications.{{cite web |title=Company Profile |url=https://www.bloomberg.com/profile/company/1111819D:IN |website=Bloomberg}}
History
In 2012, the company set up its first unit in Nimbahera, Rajasthan, with thirty lakh tonnes per annum.{{cite news |last1=Express |first1=Financial |title=Wonder Cement to Provide Clean and Cold Drinking Water to People Across 29 Districts in the States of Rajasthan, Madhya Pradesh and Gujarat |url=https://www.financialexpress.com/industry/wonder-cement-to-provide-clean-and-cold-drinking-water-to-people-across-29-districts-in-the-states-of-rajasthan-madhya-pradesh-and-gujarat/261432/}}
In 2015, Wonder Cement added another unit taking its annual cement production to 67.5 lakh tonnes.{{cite news |last1=Outlook |first1=Industry |title=Wonder Cement: Committed To Create Cutting-Edge Cement Manufacturing Methods |url=https://www.theindustryoutlook.com/vendor/wonder-cement-committed-to-create-cuttingedge-cement-manufacturing-methods-cid-59.html}}
In 2018, the company invested ₹450 crore to set up a 20 lakh (2 million) tonne per annum clinker grinding unit in Dhule, Maharashtra.{{Cite web |date=2019-07-31 |title=Wonder Cement sets up third plant in Rajasthan |url=https://www.thehindubusinessline.com/companies/wonder-cement-sets-up-third-plant-in-rajasthan/article28775292.ece |url-access=registration |access-date=2024-02-08 |website=BusinessLine |language=en}}{{Cite web |last=Kurup |first=Rajesh |date=2018-08-19 |title=Wonder Cement invests ₹450 cr in Maharashtra clinker grinding unit |url=https://www.thehindubusinessline.com/news/wonder-cement-invests-450-crore-in-maharashtra-clinker-grinding-unit/article24731695.ece |access-date=2024-02-08 |website=BusinessLine |language=en}}{{cite news |last1=Cement |first1=Global |date=20 August 2018 |title=Wonder Cement plant launched in Maharashtra |url=https://www.globalcement.com/news/item/7956-wonder-cement-plant-launched-in-maharashtra}} 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.{{cite news |last1=Haritas |first1=Bhragu |date=14 October 2020 |title=How Wonder Cement streamlined its in-plant logistics with IoT |url=https://cio.economictimes.indiatimes.com/news/internet-of-things/how-wonder-cement-streamlined-its-in-plant-logistics-with-iot/78612263 |work=Economic Times India Times}}{{cite news |last1= |first1= |title=Wonder Cement sets up third plant in Rajasthan's Nimbahera |url=https://www.theweek.in/wire-updates/business/2019/07/31/nrg7-rj-wonder%20cement.html |url-status=dead |work=The Week |pages= |access-date=7 June 2021 |archive-date=7 June 2021 |archive-url=https://web.archive.org/web/20210607055139/https://www.theweek.in/wire-updates/business/2019/07/31/nrg7-rj-wonder%20cement.html }} 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.{{cite news |last1=Times |first1=Economic |title=Wonder Cement to invest Rs 350 crore to develop grinding unit in Madhya Pradesh |url=https://realty.economictimes.indiatimes.com/news/allied-industries/wonder-cement-to-invest-rs-350-crore-to-develop-grinding-unit-in-madhya-pradesh/73790345}}{{cite news|newspaper=The Times of India|title=Rs350 cr cement plant comes up in Dhar|url=https://timesofindia.indiatimes.com/city/bhopal/rs350-cr-cement-plant-comes-up-in-dhar/articleshow/73780827.cms}}
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.{{cite news |title=Wonder Cement announces setting up of new production unit at Tulsigam, Gujarat |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/wonder-cement-announces-setting-up-of-new-production-unit-at-tulsigam-gujarat/articleshow/106456453.cms |access-date=22 May 2024 |work=The Economic Times |date=1 January 2024}} In 2024, Wonder Cement signed a sponsorship deal worth {{INRconvert|250|c}} with the Indian Premier League.{{cite news |last1=Farooqui |first1=Javed |title=BCCI signs IPL sponsorship deal with Wonder Cement worth Rs 250 crore |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/bcci-signs-ipl-sponsorship-deal-with-wonder-cement-worth-rs-250-crore/articleshow/110328723.cms |access-date=22 May 2024 |work=The Economic Times |date=22 May 2024}}
References
{{Reflist}}
External links
{{commonscat|}}
- {{Official website|https://www.wondercement.com/ }}
Category:Cement companies of India
Category:Companies based in Rajasthan
Category:Organisations based in Udaipur