Navadurga Industries Limited

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NavaDurga Industries Limited (NDIL) is a special purpose company promoted by the Maa Durga Group of Companies. Maa Durga Group of Companies is one of the reputed and established business house of Orissa. The Group, besides being the market leader in food processing sector in Orissa is also involved in trading of food grains, healthcare, education, Hotels, Construction and Power generation business. The Group operates a rice husk based captive power plant of 1.2 MW, which provides required power to its food processing units and one 60MW Power Plant is in commissioning stage

Our Product

Single window Clearance has been granted by State Level Single Window Clearance Authority (SLSWCA) and the same has been communicated by IPICOL for setting up a Cement Plant of 1.0mTPA in split location i.e. Clinkerisation Plant at Kantabanji, Bolangir and Cement Grinding unit at Tangi, Cuttack on dated 06.04.2011

Land acquisition:

92.07 Acres land has already been acquired against requirement of 60 Acres for Clinkerisation Plant at Kantabanji in the district of Bolangir and 12.55 Acres land against requirement of 10 Acres for Cement Grinding unit at Tangi, Cuttack.
Construction of Engineers Quarter, Leveling of Land and Pond for rain water harvesting is in progress at Clinkerisation Plant at Kantabanji.

The Maadurga Group of Companies is diversifying into Cement sector and is setting up a 1 mTPA Capacity of Cement Plant at Split Locations. The clinker Unit is at Kantabanji, in district Balangir and the Grinding unit is at Bainchua, Tangi in Cuttack district of Orissa. NDIL already acquired a total of 92.07 Acres of land at Kantabanji and 12.55 Acres at Bainchua.

The total project cost is estimated at about `276.74 Cr to be funded in a D: E ratio of 2.34: 1. The debt portion of the project cost is estimated as ` 193.72 Crores and the equity portion of `83.02 Crores will be funded from promoter’s equity and private equity.

Financial Projections


Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

Net Total Income

335.67 377.63 398.61 398.61 398.61 398.61

Total Cost of Production

276.01 310.51 327.76 327.76 327.76 327.76


  59.66   67.12   70.85   70.85   70.85   70.85


  33.26   40.72   44.45   44.45   44.45   44.45


 10.28   17.65   25.04   28.76   32.47   36.18


   9.11   15.35   21.64   24.69   27.76   30.86

Project IRR


Equity IRR


Average DSCR


Maximum DSCR


Minimum DSCR



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