When was Penna Cement founded?

Penna Cement was founded in 1991.

Where is Penna Cement located?

Penna Cement is headquartered in Hyderabad, India. It is registered at 8-3-975, Plot No 128, Srinagar Colony, Srinagar Colony, Hyderabad, Khairatabad, Telangana, India, 500073.

Which legal entities is Penna Cement associated with?

Penna Cement is associated with PENNA CEMENT INDUSTRIES LIMITED and 1 other.

How many employees does Penna Cement have?

As of Jun 30, 2026, the latest employee count at Penna Cement is 1072.

Is Penna Cement a funded company?

Penna Cement is a funded company, having raised a total of $***** in its 1st and only funding round.

How much is Penna Cement worth?

The last known valuation of Penna Cement was $***** as of Jun 13, 2024.

What is the annual revenue of Penna Cement?

Annual revenue of Penna Cement is more than ₹1,000 Cr as on Mar 31, 2025

Where does Penna Cement rank among its competitors?

Penna Cement ranks 65th amongst 556 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was JSW Cement, which secured $50M in Jun, 2023.

Who are the top competitors of Penna Cement?

Penna Cement's top competitors include Ultra Tech Cement, JK Cement and Ambuja Cements. Among them, JSW Cement secured the most recent funding round in June, 2023.

Penna Cement - 2026 Company Profile, Competitors & Financials

Penna Cement is an acquired company based in Hyderabad (India), founded in 1991. It operates as a Manufacturer of cement products for buildings. , with last known valuation of $*****. The company has 556 active competitors, including 3 funded and 140 that have exited. Its top competitors include companies like Ultra Tech Cement, JK Cement and Ambuja Cements.

Company Details

Website: pennacement.com
Registered Address: 8-3-975, Plot No 128, Srinagar Colony, Srinagar Colony, Hyderabad, Khairatabad, Telangana, India, 500073

Key Metrics

Founded Year

1991

Location

Hyderabad, India

Stage

Acquired

Last Known Valuation

$***** as on Jun 13, 2024

Ranked

65^th among 556 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,072 as on Jun 30, 2026

Similar Companies

Ultra Tech Cement & 587 more

Exit Details

Acquired by Ambuja Cements (Jun 13, 2024)

View Penna Cement's full profile

Penna Cement is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PENNA CEMENT INDUSTRIES LIMITED CIN: U26942GJ1991PLC168781 , India, Active	Oct 24, 1991	₹1,000+ Cr (As on Mar 31, 2025)	886 (As on Nov 30, 2024)
PENNA FOUNDATION CIN: U85320TG2017NPL119685 , India, Active	Sep 22, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	-

Penna Cement got acquired by Ambuja Cements on Jun 13, 2024.

Click here to take a look at Penna Cement's acquisition in detail

Penna Cement has not raised any funding rounds yet.

Penna Cement's employee count trend

Penna Cement has 1,072 employees as of Jun 26. Here is Penna Cement's employee count trend over the years:

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Top competitors of Penna Cement include Ultra Tech Cement, JK Cement and Ambuja Cements. Here is the list of Top 10 competitors of Penna Cement, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ultra Tech Cement 1983, Mumbai (India), Public	Manufacturer of grey cement, ready-mix concrete, and white cement	-	-	67/100
2nd	JK Cement 1975, Kanpur (India), Public	Manufacturer of cement and cement-based products	-	-	64/100
3rd	Ambuja Cements 1983, Mumbai (India), Acquired	Manufacturer of cement and other building materials	$1.45M	Holcim, Impact Fund Denmark	64/100
4th	Dangote Group 1981, Lagos (Nigeria), Acquired	Diversified conglomerate operating across multiple industries	$289M	NNPC, Gateway Capitals & 3 others	60/100
5th	Dalmia Bharat 1939, Delhi (India), Public	Producer of cement and sugar	-	Education Growth Partners, True North	59/100
6th	Wonder Cement 2007, Udaipur (India), Series A	Manufacturer of cement materials	$24.4M	R K Marble, Emerald Family Ventures & 17 others	59/100
7th	Sanghi Cement 2003, Ahmedabad (India), Acquired	Manufacturer of cement	$47.9M	Piramal Group	57/100
8th	ACC 1936, Ahmedabad (India), Acquired	Manufacturer of cement and ready-mixed concrete products	-	Morgan Stanley, Holcim	56/100
9th	JSW Cement 2009, Mumbai (India), Public	Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete	$193M	Synergy Capital, Apollo Global Management ... & 12 others	53/100
10th	JK Lakshmi Cement 1982, Delhi (India), Public	Manufacturer of cements	-	India Capital Growth	53/100
65th	Penna Cement 1991, Hyderabad (India), Acquired	Manufacturer of cement products for buildings	-	-	36/100