Benu Gopal Bangur Companies: Shree Cement and Union Cement

Benu Gopal Bangur companies

Benu Gopal Bangur's wealth rests on one listed company, Shree Cement, and its subsidiaries 1 4.

Company	What it does	His link
Shree Cement	Cement and power; 69.3 MTPA capacity in India 5	Chairman emeritus; about 2.26 crore shares per Forbes 1 6
Union Cement Company (UAE)	4 MTPA plant in Ras Al Khaimah 4	Bought by Shree in 2018 for about $305 million 4

Shree Cement in numbers

Measure	Figure
FY26 consolidated revenue	About ₹21,604 crore, up 8.7% 9
FY26 consolidated net profit	About ₹1,749 crore, up about 56% 9
Q4 FY26 cement sales	10.56 million tonnes 5
Installed cement capacity, India	69.3 million tonnes a year 5
Green power capacity	666.5 MW 5
FY26 dividend	₹150 a share 5

Brands and footprint

Shree sells under the Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong brands 1. It runs integrated plants and grinding units at 18 locations in India, entered ready-mixed concrete in 2024 and commissioned a grinding unit at Etah, Uttar Pradesh, in April 2025 4. Forbes notes that in October 2024 it agreed with the government's Department for Promotion of Industry and Internal Trade to support manufacturing start-ups 1.

Leadership

Hari Mohan Bangur is chairman, Prashant Bangur vice-chairman and Neeraj Akhoury managing director 6 8.

Frequently asked questions

Shree Cement, which his family controls, including its UAE subsidiary Union Cement.

69.3 million tonnes a year in India, plus 4 million tonnes in the UAE.

Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong.