The shares of this cement company, which is engaged in manufacturing and selling cement products, are in focus after receiving approval for its merger with JK Lakshmi Cement Ltd, aimed at business consolidation and operational efficiency.
With a market capitalization of Rs. 2,052 Cr, shares of Udaipur Cement Works Ltd opened at Rs. 36.34 per equity share, from its previous day’s closing price of Rs. 35.49, and made an intraday high of Rs.37.35 per share(5 percent).
Udaipur Cement Works Ltd. (UCWL) has taken a big step in reshaping its business by merging with JK Lakshmi Cement Ltd., along with two other companies Hansdeep Industries and Trading Company Ltd. and Hidrive Developers and Industries Ltd. This move was officially approved by the National Company Law Tribunal (NCLT), Jaipur Bench.
This merger aims to simplify and strengthen the group’s overall business by combining all related cement operations into one entity. Until now, the cement business was spread across four companies. By merging into one single unit JK Lakshmi Cement Ltd. the group expects to increase efficiency, reduce costs, and grow faster.
As part of this deal, shareholders of Udaipur Cement Works Ltd. will receive shares of JK Lakshmi Cement. For every 100 shares of UCWL (with a face value of Rs.4 each), shareholders will get 4 shares of JK Lakshmi Cement (with a face value of Rs.5 each).
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About The Company
Udaipur Cement Works Ltd is a cement manufacturing company based in Rajasthan, India. It produces high-quality cement used in building homes, roads, and infrastructure projects.
The company focuses on delivering durable and reliable construction materials. With a strong presence in the region, it plays an important role in supporting India’s growing construction sector.
The company’s revenue from operations increased from Rs.1,164 crore in FY24 to Rs.1,472 crore in FY25, showing strong business growth. However, net profit declined from Rs.61 crore, settling at Rs.10 crore in FY25. While revenue improved significantly, the drop in profit suggests that the company may have faced higher costs or other challenges during the year.
Written by Sudeep Kumbar
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