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Wonder Cement - About the company

Wonder Cement is a series A company based in Udaipur (India), founded in 2007 by Nirav Patel and Azeem Ahmed. It operates as a Manufacturer of cement materials. Wonder Cement has raised $24.4M in funding from R K Marble, with a current valuation of $*****. The company has 572 active competitors, including 3 funded and 143 that have exited. Its top competitors include companies like Ultra Tech Cement, Dalmia Bharat and JK Cement.

Company Details

Social
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Email ID
*****@wondercement.com, *****@wondercement.com
Phone Number
+91 **********
Registered Address
F-315, Lado Srai Old MB Road, New Delhi, Delhi, India, 110030
Key Metrics
Founded Year
2007
Location
Udaipur, India
Stage
Series A
Total Funding
$24.4M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jun 09, 2015
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
3,141 as on Oct 31, 2026
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Wonder Cement's funding and investors

Wonder Cement has raised a total funding of $24.4M over 1 round. Its latest funding round was a Series A round on Aug 26, 2014 for $*****. 1 investor participated in its latest round. Wonder Cement has 7 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Wonder Cement:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 26, 2014
2003139
Series A
5759222
6863599
4553044
1017337
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Wonder Cement's founders and board of directors

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The founders of Wonder Cement are Nirav Patel and Azeem Ahmed.
Here are the details of Wonder Cement's key team members:

Wonder Cement's employee count trend

Wonder Cement has 3,141 employees as of Oct 26. Here is Wonder Cement's employee count trend over the years:
Employee count trend for Wonder Cement
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Wonder Cement's Competitors and alternates

Top competitors of Wonder Cement include Ultra Tech Cement, Dalmia Bharat and JK Cement. Here is the list of Top 10 competitors of Wonder Cement, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ultra Tech Cement
Ultra Tech Cement
1983, Mumbai (India), Public
Manufacturer of grey cement, ready-mix concrete, and white cement
-
-
68/100
2nd
Logo for Dalmia Bharat
Dalmia Bharat
1939, Delhi (India), Public
Producer of cement and sugar
-
66/100
3rd
Logo for JK Cement
JK Cement
1975, Kanpur (India), Public
Manufacturer of cement and cement-based products
-
-
65/100
4th
Logo for Ambuja Cements
Ambuja Cements
1983, Mumbai (India), Acquired
Manufacturer of cement and other building materials
$1.45M
64/100
5th
Logo for Dangote Group
Dangote Group
1981, Lagos (Nigeria), Acquired
Diversified conglomerate operating across multiple industries
$3.39B
61/100
6th
Logo for Shree Cement
Shree Cement
1979, Gurugram (India), Public
Manufacturer of cement products and power generation for construction sectors
-
60/100
7th
Logo for JK Lakshmi Cement
JK Lakshmi Cement
1982, Delhi (India), Public
Manufacturer of OPC cement for lasting strength
-
60/100
8th
Logo for Wonder Cement
Wonder Cement
2007, Udaipur (India), Series A
Manufacturer of cement materials
$24.4M
62/100
9th
Logo for JSW Cement
JSW Cement
2006, Mumbai (India), Public
Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete
$193M
59/100
10th
Logo for Sanghi Cement
Sanghi Cement
2003, Ahmedabad (India), Acquired
Manufacturer of cement
$47.9M
57/100
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Financials of Wonder CementFY 26 Available

WONDER CEMENT LIMITED, the legal entity associated with Wonder Cement, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of WONDER CEMENT LIMITED has a compounded annual growth rate (CAGR) of 12% in the last 1 year.

Financial Statement Summary

Metrics
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
Income Statement
Revenue
6446
5652
8802
7494
7143
Total Sales
4449
4776
5826
6976
3898
Total Expenses
1823
4481
7823
3335
9954
Operating Expenses
2201
7512
4128
1391
8551
Employee Expenses
6010
1424
3787
8008
8572
Marketing Expenses
7991
2151
3610
7176
6017
Operating Income (EBIT)
8886
7988
3914
2559
7034
Interest Expenses
7923
3794
7009
2546
6862
Expenses from other activities
4344
6410
9875
5637
8064
Information Technology Expenses
3584
7505
9470
9422
5787
EBITDA
2343
3727
7538
2733
4600
Taxes
1940
4393
7607
8555
9424
Net Profit
3831
6403
2004
7495
1648
Balance Sheet
Assets
2190
7189
1400
8964
9400
Cash Equivalent
5660
2078
4938
6372
7515
Accounts Receivables
1102
3457
3584
6686
7014
Inventory
3838
9241
6411
2509
6969
Liabilities
7448
7230
1483
8222
5762
Total Debt
5875
1271
2968
3058
8731
Accounts Payable
1230
7424
7738
4076
4036
Equities
9134
8177
4830
9526
9450
Cashflow Statement
Cash from Operating activities
9120
8833
1681
2429
8464
Cash from Investing activities
2480
1250
2217
9652
2200
Net cash from Financing activities
5869
2030
3673
5366
9806

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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  • Financial Summary & Charts
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Wonder Cement's Latest cap tables and shareholding

Founders own 6.16%, Enterprises own 40.03% and Other People (largest shareholder) own 53.83%. The net worth of Wonder Cement's founders is INR 481Cr as of Jun 09, 2015. The cap table displayed below is for WONDER CEMENT LIMITED which is the legal entity associated with Wonder Cement.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
6.16%
481Cr
944396
492762
933380
392100
Enterprise
40.03%
3,120Cr
1759825
9452368
8413073
1692927
Other People
53.83%
4,200Cr
7481473
1920462
7600811
4723905
Total
100.00%
7,800Cr
3649639
3658268
2805628
3708999
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Wonder Cement's Investments and acquisitions

Wonder Cement has made no investments or acquisitions yet.

Reports related to Wonder Cement

Here is the latest report on Wonder Cement's geography:

News related to Wonder Cement

lockFilter this list
Media has covered Wonder Cement for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
Wonder Cement completes cold cooler commissioning of Line 2 at Nimbahera plantInternational Cement Review•Sep 18, 2025•Wonder Cement
•
Wonder Cement inaugurates Line 5 at Nimbahera plantGlobalcement•May 09, 2025•Wonder Cement
•
TATA IPL onboards Wonder Cement as official umpire partnerSportsMint Media•May 21, 2024•IPL, Wonder Cement
•
Wonder Cement hires Kiran Patil as Managing DirectorBestMediaInfo•Mar 25, 2021•Wonder Cement, ACC
•
Wonder Cement awarded State Level Bhamashah Award 2019Udaipur Kiran•Jun 29, 2019•Wonder Cement
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