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Company is in business of cement production and is part Jaypee Group. Company is having 2 manufacturing Plants situated in Andhra Pradesh.Plant operations of the Company areat halt due to shortage of working capital and consequential attachment of stocks and bank accounts of the Company by the GST authorities and Power disconnection by the concerned Electricity Board.
Andhra Cements' board has approved Q1 financial results, with revenue from operations at ₹142.17 Cr and a net loss of ₹35.93 Cr for the quarter. The company also announced a proposed merger with parent Sagar Cement, effective April 1, 2026, pending necessary approvals.
India Ratings & Research (Ind-Ra) has reaffirmed Andhra Cements' long-term rating at 'IND BBB/Stable' and short-term rating at 'IND A3+' for its bank loan facilities. This reaffirmation follows a reduction in the total facility size to ₹938.97 Cr from ₹986.97 Cr. The Stable outlook reflects consistent credit quality.