Rain Industries, formerly known as Rain Commodities (RCL), incorporated in 1974 is engaged in the business of manufacturing cement, Calcined Petroleum Coke (CPC) and power. The company is the largest producer of CPC with a production capacity of 2.49 nillion tonnes per annum (MTPA). Under cement, company has created brand namely Priya Cement. Presently the company markets its product mainly in South India in the states of Andhra Pradesh, Karnataka and Tamil Nadu.

The company was incorporated under the name Tadpatri Cements, which later was changed to present one on Dec. 27, 2004. Presently the total cement capacity of the company is 3.16 MTPA.

In 2007, Rain Calcining was merged with Rain Commodities. In the same year company’s wholly owned subsidiary Rain Commodities (USA) Inc, entered into an agreement to acquire the assets of the Toronto-based Great Lakes Carbon Income Fund.

The company owns subsidiaries namely Rain CII Carbon India or RCCIL (erstwhile known as Rain Industries), Rain Commodities (USA) Inc, Moonglow Company Business Inc and Rain CII Carbon LLC. All these subsidiaries are engaged are also engaged in manufacturing cement, CPC and power. RCCIL is 100% export-oriented unit located in Visakhapatnam, Andhra Pradesh and produces CPC, which has an installed capacity 480,000 TPA. This unit also operates a captive power plant of 49 MW.

The company operates two manufacturing facilities in Nalgonda and Kurnool in the state of Andhra Pradesh. The production capacity of these plants is 1 million tonnes capacity per annum and 2.16 million tonnes capacity per annum respectively.

Products

Rain Cements Limited is a leading producer of 3.12 million tons per annum of cement in South India since 1986 at two integrated plants at the following locations. RCL markets cement under the brand “Priya Cement” in Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra. RCL is self-sufficient in all critical raw materials consisting of limestone, power and coal. RCL is also has Fly Ash Handling Unit at BTPS, Bellary, Karnataka Cement Packing Unit at Bellary.

Calcined Petroleum Coke
Coal Tar Pitch and Other Specialty Chemicals

Rain Industries Ltd.

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Market Cap	6,179 Cr	ROE	11.9%
P/E Ratio(TTM)	103.0	EPS(TTM)	32.2
P/B Ratio	6.6	Dividend Yield	0.5%
Industry P/E	78.1	Book Value	27.9
		Face Value	2.0

Fundamentals