Shri Keshav Cements Expands Capacity to 1 Million TPA
Filing Summary
Shri Keshav Cements And Infra Ltd has completed its expansion project, increasing its cement production capacity to 1 million TPA. The company commenced commercial operations at the expanded facility on November 29, 2025. For the fiscal year 2025, the company reported total revenues of ₹ 125 Cr and EBITDA of ₹ 25 Cr. The expansion supports the company’s strategy to meet rising cement demand in regions including North Karnataka and Maharashtra. Shri Keshav Cements continues to focus on manufacturing cement and solar power generation in Karnataka.
Shri Keshav Cements And Infra Ltd has announced the completion of its expansion project, which increases its cement production capacity to 1 million TPA. The company has officially started commercial operations at the expanded facility as of November 29, 2025. This development is in line with the company’s strategy to enhance its production capabilities and address the growing demand for cement in various regions.
For the fiscal year 2025, Shri Keshav Cements reported total revenues of ₹ 125 Cr and an EBITDA of ₹ 25 Cr. The company operates two business segments: cement manufacturing and solar power generation. The cement plants are located in Bagalkot district, Karnataka, while the solar power plant is situated in Koppal, Karnataka. The company produces 43 grade and 53 grade Ordinary Portland Cement and has been using 100% green energy from solar power since April 2018.
The expansion project involved increasing the production capacity of the company’s cement plants. The current capacity stands at 1,100 TPD, with two manufacturing plants operating in Bagalkot. One plant uses a vertical shaft kiln with a capacity of 300 TPD, and the other uses rotary kiln technology with a capacity of 800 TPD. The company owns three regional cement brands: “Jyoti Power,” “Jyoti Gold,” and “Keshav Cement,” with “Keshav Cement” being the premium brand.
The company supplies cement to North Karnataka, Coastal Karnataka, Goa, and parts of Maharashtra and Kerala. The cement industry is energy-intensive, with power costs constituting approximately 30% of manufacturing costs. Shri Keshav Cements has two power plants generating a total of 40 MW. After meeting its operational needs, the company sells the remaining 26 MW.
The expansion project was completed with commercial operations commencing on November 29, 2025. This milestone supports the company’s ability to meet the increasing demand for cement in regions such as North Karnataka, Coastal Karnataka, Goa, and Maharashtra. The company aims to serve larger institutional and retail customers and support infrastructure development, housing, and commercial construction projects.
Shri Keshav Cements And Infra Ltd, incorporated in 1993, focuses on cement manufacturing and solar power generation in Karnataka, India. The company has gradually increased its production capacity since acquiring a sick cement plant in 1994. It continues to prioritize sustainable energy practices and regional market expansion.