https://www.bseindia.com/xml-data/corpfiling/AttachLive/ddb89c42-65b3-4c91-b4c1-c6aec8bb7a7e.pdf
Highlights of Parth Jindal's Shiva Cement Press Meet on 25/11/2020
Following are the take aways from the meeting:
1) Preference shares worth Rs.150 crores will be issued to Jsw cement by Shiva cement at a good premium. Parth mentioned the timeline within December 2020.
2) Rs.1150 crores will be raised through Debts for which the company is in talks with National as well as
Equity Research and New development updates on Shiva Cement as on November 2020
18/11/2020: Parth Jindal Tweets on latest development at Shiva Cement thanks Shiva cement project development team, Larsen & Toubro team and Odisha government.
For those who are researching on Shiva cement potential production of cement. Clinker to cement factor = [Clinker + Gy + Flyash/slag + additives (kg)] divided by Clinker consumed (kg). This conversion factor varies from plant to plant based on topography. Gy = gypsum. As per my knowledge flyash is readily available from JSW power plant in Odisha and Slag is also available from JSW steel plant in Odisha. Both can be procured by Shiva cement at least price than market to produce cement. Source: http://www.greenbusinesscentre.com/site/ciigbc/gbcd/Cement%20Formula%20Book.pdf
Revenue from 4000TPD of clinker = 4000 Tonne * 75% capacity utilisation* Rs.3500 per tonne* 300days= Rs.315 crores p.a. or Rs.78.75 crores per quarter.
The use of other constituents in cement and the reduction of the clinker-to-cement ratio means lower emissions and lower energy use. Ordinary Portland cement can contain up to 95% clinker (the other 5% being gypsum). The current average clinker-to-cement ratio over all cement types in the EU27 is 73.7%1.
Source: https://lowcarboneconomy.cembureau.eu/5-parallel-routes/resource-efficiency/clinker-substitution/
1MTPA OPC (Ordinary Portland Cement) Cement will require 95% cement ie 9.5 lakh tonnes of clinker or 2638.88TPD or 2638.88 Tonnes per day of clinker.
Assuming 75% capacity utilisation of cement plant ie 7.5 lakh tonnes will require 712500 tonnes of clinker or 2375 TPD or 2375 Tonnes per day of clinker.
Net Revenue from clinker = [3000 Tonne - 2375 Tonne] *Rs.3500 per tonne*300days = Rs.65.62 crores p.a or Rs.16.41 crores per quarter.
Revenue from Cement = 1MTPA+ 0.13MTPA(current capacity) *75% capacity utilisation = 8.475 lakh tonnes
No. of cement bags = 8.475 lakh tonnes p.a * 1000 kg per tonne / 50kg per bag = 1.695 crore bags p.a
Revenue from sale of cement bags = 1.695 crore bags * 350 per bag = Rs.593.25 crores p.a or Rs.148.31 per quarter
Revenue from current cement
Total Revenue post commissioning of 4000TPD clinker and 1 MTPA cement plant = Rs.65.62 p.a from clinker + Rs.593.25 crores from cement = Rs.658.87 crores or Rs.164.72 crores per quarter.
Current revenue of Shree Divijay cement from 1.2 MTPA cement capacity as on March 2020 is 469 crores p.a and is quoting @ Rs.66 per share.
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