Keerthi Industries Ltd was formerly incorporated on May 17, 1982 at Hyderabad with the name Suvarna Cements Ltd. The company was established by V C Brahamanna along with his associates. The Company is engaged in the production and sale of cement and clinker in India. The company operates a cement plant with an installed capacity of around 297,000 tonnes pa at its plant located at Mellacharuvu village & Mandal, Nalgonda District, State Andhra Pradesh.
The company mainly manufactures Ordinary Portland Cement (OPC), Portland Pozzolona Cement (PPC) varieties with a product-mix of OPC: PPC of 95:5. They market their products under the brand name 'Suvarna Cement' with markets mainly in Andhra Pradesh. They also sell some meager quantity to Tamilnadu and Karnataka.
In the year 1986, they set up a manufacturing unit with an initial capacity of 66,000 TPA. In June 1986, they started commercial production.
The company suffered losses in the initial years and was referred to BIFR during the year 1990. As per the suggestion in the rehabilitation package sanctioned by BIFR, the installed capacity was increased to 99,000 TPA and the management of the company had been taken over by the existing management.
In March 18, 1999, Hyderabad Bottling Company Ltd, along with the promoter directors J S Krishna Murthy, J S Rao, J V Choudaru and J Triveni entered into an agreement with Brahmanna and associates and acquired the stake of the company. In the year 2003, the capacity was furth ...er increased to 297,000 tonnes per annum (900 tpd).
During the year 2003-04, the company received an award 'Best Turnaround/ Revival of a Sick Industry' from the Federation of Andhra Pradesh Chambers of Commerce & Industry. In November 23, 2005, the name of the company was changed from Suvarna Cements Ltd to Keerthi Industries Ltd. During the year 2006-07, the company purchased 126 acres of land for the use of the proposed sugar project and Government of Karnataka.
During the year 2007-08, the company commenced generation of 1.50 MW wind power in Karnataka. Also, they entered into a power purchase agreement with Karnataka State Electricity board at an average rate of around Rs.3.40 per unit.
During the year 2008-09, Hyderabad Flextech Ltd was merged with the Company with effect from April 1, 2007 through the Scheme of Arrangement.
The Cement Division commenced production from 17th November, 2010. In 2016-17, the Company started commercial production setting up 2.24 MW waste heat recovery systems effective from December 15, 2016.
FAQs on Keerthi Industries Ltd
1. Can I buy Keerthi Industries Ltd from PL Capital? ›
Yes, you can invest in Keerthi Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Keerthi Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Keerthi Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Keerthi Industries Ltd pay dividends? ›
Keerthi Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Keerthi Industries Ltd ? ›
As of
06-Feb-2026 , 16:01:28 the share price for Keerthi Industries Ltd. is ₹ 58.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Keerthi Industries Ltd ? ›
The 52-week high and low of Keerthi Industries Ltd share price is ₹ 52.2 - ₹ 91 as of
06-Feb-2026 , 16:01:28 .
