Penna_aboutus

About Us

Penna Cement is one of the largest privately held cement companies in India, with an installed cement capacity of 7 Million Tonnes Per Annum.

Founded in 1991, Penna Cement has established itself as one of the most trusted cement brands, with significant footprints in southern and western India. Our clientele ranges from small house owners to established real estate developers and from various state governments to global construction majors.

Over the last two decades, we have grown organically by developing in-house expertise and capabilities, across the entire value chain in the cement industry. All our cement plants are equipped with state-of-the-art technology, enabling the company to deliver the superior quality products.

Building Quality Relationships

At Penna Cement, we believe that the long term success of the company is not only closely linked to building long term relationships with its customers but also dependent on long term and successful relationships with all its stakeholders.

We listen to our customers to deliver the solutions that work for them. We treat our vendors as our partners. We train our employees to do business with integrity and a lot of humility. We contribute to our local communities by providing them quality healthcare, education and infrastructure. We minimize our impact on the environment by doing what’s right, not what’s easy. We believe in ‘Building Quality Relationships’.

Leadership

Chairman & Managing Director

Mr. P Prathap Reddy

Mr. P Prathap Reddy founded PCIL in 1991 and has been its Managing Director since its inception. Right after graduating from college, Mr Reddy took up civil engineering contracts under the name of “PIONEER BUILDERS”. Pioneer Builders has executed many prestigious civil engineering contracts for various state governments such as A.P, Karnataka, Maharashtra, Kerala and Tamilnadu.

Under the leadership of Mr. P. Prathap Reddy, Penna Cement has shown consistent growth and has established itself as one of the largest privately held cement companies in India.

Non-Executive Directors

Mr. P Muni Krishna

Mr P. Munikrishna is a B.Sc (Chemistry) graduate and a qualified Mechanical Engineer from Sri Venkateswara University.  Mr. Munikrishna has over 40 years of vast experience in cement industry, both in project implementation and plant operations.  In the past, he has been associated with the successful implementation and operation of reputed cement plants such as Raasi, Sagar, Cement Division of Coromandal Fertilisers etc.

As the Managing Director of Priyadarshini Cement Limited, he was responsible for the complete turnaround of the company.  Mr Munikrishna is presently Managing Director of Parasakti Cement Industries Limited.

Mr. P Venugopal Reddy

Mr. P. Venugopal Reddy is a Commerce Graduate. After completing education, he started Civil Engineering contracts under the name of M/s.V.R. Constructions, a company which has executed many prestigious civil engineering contracts for various state governments.  Mr. Venugopal Reddy has a rich experience in Civil Engineering and project administration.

Mr. Y Santosh Kumar Reddy

Mr. Santosh Kumar Reddy, a Mechanical Engineering Graduate, is currently Managing Director of Rain CII Carbon (Vizag) Limited (RCCVL), a company involved in manufacturing of Calcined Petroleum Coke (CPC) with 49 MW of Co-Generation of Electricity in the port of Visakhaptnam, Andhra Pradesh, India.

Mr Reddy has extremely rich experience in the manufacturing industry and  over the decades has been responsible in establishing some of the best corporate governance practices in RCCVL and Penna Cement.

Mrs. P Deepthi Reddy

Mrs. P Deepthi Reddy is a Bachelor in Business Administration (BBA) graduate from Cardiff University, UK. Since 2004, she has been actively working with Penna Trust, a trust responsible for implementing the group’s strategic initiatives in Corporate Social Responsibility.

In the year 2013, she was also appointed as director on the board of Penna Cement Industries Ltd.

Executive Management

Mr. B Vikram Reddy - Executive Director & CEO

Mr. B. Vikram Reddy  possesses a MBA degree from The University of Chicago, Booth School of Business and also a Master’s degree in Information Technology from Carnegie Mellon University, USA. He has also done his B.Com from Loyola College, Chennai.

Mr. B. Vikram Reddy started his professional career as a Senior consultant with Deloitte (USA) where he worked for over 3 years. In 2008, he returned to India to join the family businesses. Initially, he joined the Power Division of Penna and focused on implementation of Hydro Power Projects. In 2012, he was appointed as an Executive Director on the board of Penna Cement Industries Limited.In March 2014, he was re-designated as Executive Director & CEO of the company. Mr. B. Vikram Reddy looks after all day to day operations of the company.

Mr. D L Kantham - Director(Technical)

Mr. D L Kantham is a Bachelor of Science and has an experience of more than 40 years in the cement industry. He has been associated with Penna Cement since its inception. Mr. Kantham has been responsible for the erection and commercial production of each of the Penna Cement plants. He is responsible for the manufacturing operations of all the Cement Plants of the Company. In the year 2012, he was appointed as Director (Technical) on the board of Penna Cement Industries Limited.

Mr. Petluru Venugopal Reddy - Director(Finance)

Mr. Petluru Venugopal Reddy is a Chartered Accountant and Law Graduate by profession. He has an experience of more than 2 decades in cement and power industry. He has been associated with Penna group of companies for the last 8 years. In the year 2013, he was appointed as Director (Finance) on the board of Penna Cement Industries Limited. He is also on the board of several power companies in India.

Mr. R P Singh - Director(Marketing)

Mr. R P Singh possesses a rich work experience of over 37 years in various functions like Marketing, HR, Logistics, Liaison, Strategy & Business Development. Previously, Mr.Singh has worked in senior leadership positions with reputed cement players like ACC, ICL, MCL, Sanghi Industries, Saurashtra Cement and MyHome Cement.

Before joining Penna Cement as Director – Marketing, Mr Singh worked as the MD & CEO of SriJayaJyothi Cements Ltd. Mr R P Singh is a science graduate from Karnataka University, with an MBA from FMS, Delhi.

Vision & Mission

We commit to provide all our stake holders with excellent service, by way of delivering high quality cement at the most remunerative price while maintaining highest standards in Corporate Governance, Sustainability and Corporate Social Responsibility. Our Vision is to become the Industry Leader by providing innovative solutions to the growing challenges faced by the modern construction industry.

Key Milestones

Other Businesses

Penna group has grown over the last two decades and today has business interests in diversified sectors such as Power, Alumina, Construction and Hospitality businesses.

Power
Power

Power is one of the emerging sectors in which Penna has successfully entered and established a portfolio of hydro and gas based plants in a very short span of 15 years.

Our total hydro and gas power generation capacity is 173 MW spread across the states of Himachal Pradesh, Karnataka and Tamil Nadu.

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Aluminium

Anrak Aluminium Ltd is a state of the art Alumina Manufacturing unit strategically located in an SEZ near Vizag (AP).

With an annual capacity of 1.5 Million Tonnes, the company exports its production to various clients across the globe. The plant also has a captive thermal power plant of 225MW.

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Construction

Penna group has ventured into the business of hospitality and is in final stage of construction of a five star hotel in Hyderabad. Pioneer Hotels and Resorts Limited (PHRL) has plans of setting up hospitality projects across the country.

Pioneer Builders Limited (PBL) undertakes various irrigation projects.

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Transport

Pioneer Builders Limited ( PBL) Transport division is the primary transporter for PCIL.

They transport around 30 to 40% of total road movement for PCIL. They have a fleet of over 200 trucks. The transport division operates out of 2 garages strategically located at Tadipatri and Ganeshpahad.