So, based on the above formula, the ROE for Shree Cement is: 11% = ₹15b ÷ ₹132b (Based on the trailing twelve months to June 2020). Shree Cement NSE 2.16 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings. Ltd. As the industry gears up for an unprecedented year because of the impact of the COVID-19 pandemic, we believe that our policies and practices will keep us steady and we will be able to maintain investors' confidence in the company. Indian businessman Benu Gopal Bangur has an estimated net worth of $6.48 billion as of July 2017, according to Bloomberg. Chairman - Shree Cement Net Worth - $7.7 Billion Benu Gopal Bangur, Chairman of Shree Cement | Richest man in India. Our shareholders who have been with us since we went public in 1985 have seen their investment grow at an Internal Rate of Return (IRR) of 26.06% (as on 31st March, 2020). His net worth has been valued at $6.4 billion by Forbes as of February 9, 2020. Born in 1932, he made his fortune as a member of eminent business family. Ultratech Cement is the industry leader in the cement sector, generating revenues in excess of ₹ 35000 crore last financial year. We have steadily delivered returns on the invested capital, progressively augmenting shareholder value. We have progressively augmented shareholder value the focus of all the metrics as reflected in market capitalisation of the Company, net worth, or EPS. Until January 2012, he served as the company's executive chairman. Currently, he works for Shree Cement Ltd as the non-executive chairman. That means that for every ₹1 worth of shareholders’ equity, the company generated ₹0.11 in profit. Currently, he works for Shree Cement Ltd as the non-executive chairman. Sustained value creation for all our shareholders using operational excellence and transparency in action. Shree Cement is an Indian cement manufacturer founded in Beawar, Ajmer district, Rajasthan, in 1979.Now headquartered in Kolkata, it is one of the biggest cement makers in Northern India.It also produces and sells power under the name Shree Power (Captive Power Plant) and Shree Mega Power (Independent Power Plant). Benu Gopal Bangur. Shree has many family members and … Indian businessman Benu Gopal Bangur has an estimated net worth of $6.48 billion as of July 2017, according to Bloomberg. Industrialist Gautam Adani, who leads the diversified Adani Group, food and beverages tycoon Ravi Jaipuria and Shree Cement founder Benu Gopal Bangur also gained in net worth from the previous year. I wasn't sure how big this Cement Industry till in read the article on money control. Shree Cement is owned by the Bangur family and chairman Benu Gopal Bangur’s net worth is around $645 crore. Singh, aged 89, left an army posting to take over a property firm owned by his father-in-law. Net Worth: $850 million: Hometown: Kolkata: Age: 80: Marital Status: Widower, 2 children: Born into a prominent business clan in Kolkata, he inherited Shree Cement in 1992 after family split. He has a $3.1 billion stake in Shree, which makes up most of his $3.4 billion … Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore . (Image: Reuters) Kushal Pal Singh | The property is a legend in the realty sector. Summary: Shree Viswanatha's birthday is 07/18/1977 and is 43 years old. Here is the list of top 10 billionaires in India. Mumbai: Shree Cement NSE -2.78 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings . On the stock exchange, the equities of Shree Cement retailed at the highest price of Rs.13,165.10 and at the lowest price of Rs.9,399. Currently, Bangur lives in 51, 000 square feet huge mansion in Kolkata that holds a gym, home theater and temple dedicated to Lord Venkatesh, a Hindu god. Benu Gopal Bangur | The 89-year-old owns a majority stake in Shree Cement and has a net worth of $ 6.5 billion. Shree Cement is led by India's 10th Richest Man, Benu Gopal Bangur. Industrialist Gautam Adani, who leads the diversified Adani Group, food and beverages tycoon Ravi Jaipuria and Shree Cement founder Benu Gopal Bangur also gained in net worth from the previous year. The firm, DLF, reshaped the real … © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved. *Net worth as of February 17, 2020. Hailing from a business family from Kolkata, Bangur is currently the chairman of Shree Cement. The Top 4 Cement … Submit a correction suggestion and help us fix it! © 2020 Shree Cement Limited. In April, May and June, the equity value of the company was up by 2.20%, 3.44% and 10.79% respectively owing to strong fundamentals. The Shree Cement stock also gained demand amid investors. You may have spotted Jaguar taps and showerheads and Rajesh Mehra is the owner of the company. We use cookies to understand how people use our website. The Bangur business empire came into existence in the year 1979 . Consistent and stable business performance along with the highest standards of corporate governance over a long period of time, has enabled us to earn investors' trust. Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. Bangur Cement is one of the leading cement manufacturing company in … !….i know only 7 richest people in kolkata sorry for that but i hope you will like it… List of Richest People In Kolkata 1. The results are fact checked and confirmed by a team of editors and industry insiders. Benu Gopal Bangur Net Worth: Benu Gopal Bangur is an Indian entrepreneur who has a net worth of $2.1 billion. ... Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore. DHFL lenders to elect new owner by Jan 15 IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 cr Wall Street Week Ahead: 'Santa Claus rally' threatened by COVID-19 resurgence, Georgia elections Qualified Institutions Placement (QIP) in Nov-2019 of, 2,400 Crore Business Standard News: Check out Shree Cement Financial Results, Quarterly Results (Q1, Q2, Q3, Q4) & Yearly Results & more financial news from Business Standard | Page 1 Shree Cement Ltd: Net Worth (%) 12.00: Debt ((%) 3,160.19: Working Capital ((%) 3,664.68: UltraTech Cement Ltd: Net Worth (%) … Home Shree Cement. The company has business interests in basic and … Shree has steadily delivered returns on the invested capital that are higher than one available in the alternative investment opportunities to its investors. Shree Cement among the few companies that has given 780 times returns to its investors, compounding … Born in 1932, he ... After a family split in 1992, he inherited Shree Cement. Maria Helena Moraes Scripilliti Net Worth. Bangur is 330th in the world billionaires’ list according to Bloomberg Index. bro!! Will keep East Bengal's legacy intact and bring back glory days: Shree Cement owner 03 Sep, 2020 Kolkata, Sep 3 (PTI) East Bengal will figure prominently in the new name and its jersey colour won't be tinkered with, owner of Shree Cement Hari Mohan Bangur, who has acquired a majority stake in the iconic club, said on … read more Wipro's Azim Premji was the distant second with a net worth of $19 billion, moving up two places from last year, while Sun Pharma's Dilip Shanghvi slipped from his earlier second place to the ninth now (USD 12.1 billion) on Forbes magazine's annual 'India Rich List 2017'. Shree Viswanatha lives in Solon, OH; previous city include Cleveland OH. First time Capital increase since year 1997. Benu then took personal control of Shree Cement, which he chairs. Cement czar Benu Gopal Bangur is the Chairman of Shree Cements Limited. Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore Shree Cement NSE 216 % Ltd reported a 684% rise in consolidated net profit at Rs 52787 crore during the September quarter of FY 21, as against a net profit of Rs 31330 crore during the same period last year led by better realisations and cost … Recently I read this article and was surprise to see the growth. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. Born: 1931 (age 88–89) Nationality: Indian: Education: Calcutta University: Occupation: Businessman: Known for: Heir, member of Bangur family: Net worth: US$6.3 billion (February 2020) Title: Chairman, Shree Cement… Sometimes Shree goes by various nicknames including Shree Gowri Viswanatha, Shree Gowri Viswantha and Shree G Viswanatha. By using our website you agree to our policies. Gopal Bangur is the owner of Shree Cement, the leading cement producer in India. A graduate of Calcutta University, since 1979, Bangur controlled Shree Cement, a North India-based cement producer company that is considered to be one of the leading in its field. After a family split in 1992, he inherited Shree Cement. A look at the top 30 of the richest people in the country, according to the Forbes India Rich List 2020. Taking into account various assets, Shree's net worth is greater than $100,000 - $249,999; and makes … Net Worth: 1833.24 Cr: 12936.42 Cr: 21.58%: Market Cap: 8228.03 Cr: 63308.54 Cr: 22.64%: Qualified Institutions Placement (QIP) in Nov-2019 of. Until 2002, Bangur served as the executive chairman, when he handed over his position to his son Hari Mohan, a chemical engineer, and now, Bangur serves as the non-executive chairman. Benu Gopal Bangur (born 1931) is an Indian billionaire businessman, and the chairman of Shree Cement. 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