Top 10 Cement Companies in India

Rutuja Kedare Sep 17, 2022 0

India is the world’s second-largest producer of high-quality cement. In India, there are 183 big cement plants and more than 365 small cement plants. There are currently 40 participants in the market nationwide. For every million tonnes of cement produced, the downstream sectors of the cement industry employ ~ 20,000 people.

In 1914, India’s first cement company with a 10,000-ton capacity started operations in Porbandar, Gujarat. Today, Indian cement plants are the most energy-efficient and environmentally friendly in the world. They are on par with the best in the world in almost every category, including the size of the kiln, technology, energy consumption, and environmental friendliness. This is because of the widespread modernization and the adoption of new-age technology. 

Cement is vital to the construction sector and all infrastructural projects. Only the construction industry alone accounts for 7% of the nation’s GDP (GDP). The cement industry is increasing at a greater pace. The demand for cement in highways, urban infrastructure, and commercial real estate is predicted to expand at a CAGR (Compound Annual Growth Rate) of 5.65% between FY16 and FY22 in India. India now produces 298 Million Tonnes Per Annum (MTPA) of cement at its installed capacity of 500 MTPA.

Take a glance at India’s leading top 10 cement companies –

  1. UltraTech Cement 

Aditya Birla Group owned Mumbai-based UltraTech Cement Limited is the country’s largest producer of white cement, ready-mix concrete (RMC), and grey cement. UltraTech has an installed capacity of 116.75 million tonnes per year. It is the only business outside of China to have a capacity of over 100 million tonnes in a single nation. 

Know Abouts

In the mid-80s, the first cement plant was set up for Grasim (Vikram Cement) and Indian Rayon (Rajashree Cement) and in 2021 they successfully raised US$ 400 million in the form of sustainability-linked bonds. UltraTech is the first company in India and the second company in Asia to issue dollar-based sustainability-linked bonds. 

Current scenario

RevenueINR 53,106 Cr
Production Capacity102.75 MTPA
Market Share21.4 %
Employees120,000
Manufacturing units22
Brand retail chains3000+ stores across India

The company’s combined capacity for grey cement is 102.75 million tonnes per year (MTPA). With 20 integrated facilities, 1 clinkerization plant, 26 grinding units, and 7 bulk terminals, UltraTech Cement is a large company. 

  1. Ambuja Cements

A significant Indian cement manufacturer, Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, sells cement and clinker for both domestic and international markets. Since 2006, the business has collaborated strategically with Holcim, the second-largest cement producer in the world. For INR 21.4 billion, Holcim acquired a 14.8 % promoters’ share in GACL in January.

Know abouts

Ambuja Cement was founded in 1983 by Narotam Sekhsaria and Suresh Neotia. In under 30 years of operation, the company has grown significantly from a single plant with an annual capacity of 700,000 tonnes to a cement powerhouse with five integrated cement manufacturing plants and eight cement grinding units, with a combined capacity of 29.65 million tonnes, in 2016.

Current scenario

RevenueINR 26,646 Crores
Production Capacity29.65 MTPA
Market Share6.2%
Employees5180
  1. Shree Cements

In 1979, Shree Cement, an Indian cement factory, was established in Beawar, Rajasthan. It is one of the largest cement manufacturers in Northern India and has its current headquarters in Kolkata. Shree Power (Captive Power Plant) and Shree Mega Power are other names for the power it generates and sells (Independent Power Plant).

Know abouts

The enterprise is listed on the Bombay Stock Exchange and the National Stock Exchange. Around 100 people were employed in total in 1985. There were 6299 employees overall as of March 31, 2017. It is one of India’s top 5 cement manufacturers. Launched two new brands called Rofoon and Bangur power in 2019. 

Current Scenario

RevenueINR 12,555 Cr
Production Capacity20.30 MTPA
Market Share7%
Employees6299
  1. ACC Ltd 

A Mumbai-based Indian cement manufacturer, ACC Limited (formerly The Associated Cement Companies Limited) is a subsidiary of Ambuja Cements and a member of the Adani group. The company has a pan-India presence. From the 1960 Bhakra Nangal Dam to the Mumbai-Pune Expressway, ACC cement has been a key component of many of the nation’s most recognisable structures. ACC was one of the earliest businesses in India to have environmental protection as one of its corporate goals.

Know Abouts

Since its inception in 1936, the journey of ACC Ltd has been eventful. In the year 2019, ACC Jamul unveiled a 5.35 MW solar photovoltaic plant to generate solar energy that will power operations at the plant. ACC became the first Indian cement company to publish an Environmental Product Declaration for all its blended cement products across all of its 17 cement plants in 2018. 

Current scenario

RevenueINR 15,975 Cr
Production Capacity28.4 MTPA
Market Share6%
Employees6731
Manufacturing units17
  1. Dalmia Bharat Ltd.

Jaidayal Dalmia established Dalmia Cement, one of India’s first pioneering cement businesses, in 1939. Dalmia Cement (Bharat) Ltd, an entirely owned subsidiary of Dalmia Bharat Ltd with its headquarters in New Delhi, is a publicly-traded company that is listed on the Bombay Stock Exchange and the National Stock Exchange.

Know abouts

With 14 cement factories and grinding units located across 10 states, the corporation has a 35.9 MnT annual manufacturing capacity (MTPA). With more than 33,000 dealers and sub-dealers, the company currently provides services in more than 22 states and is a major player in every area in which it operates. The four important eastern states of West Bengal, Bihar, Jharkhand, and Odisha all have at least one Dalmia Cement plant each.

Current Scenario

RevenueINR 9,642 Cr
Production Capacity26.5 MTPA
Market Share5.5%
Employees5634
  1. JK Cement

One of India’s top producers of grey cement as well as a top producer of white cement globally is JK Cement Ltd. The Company has worked with India’s multisectoral infrastructure demands for more than 40 years as a result of its technological leadership. 

Know abouts

The commercial production of grey cement at JK Cement’s flagship facility in Nimbahera, Rajasthan, started in May 1975. The company recently completed the successful commissioning of the grey cement grinding mills in Aligarh, UP, Balasinor, and Gujarat in the year 2020. This was followed by the introduction of a new corporate identity in 2021.

Current Scenario

RevenueINR 873.64 Cr
Production Capacity15 MTPA
Employees1568
Manufacturing units17

The Company has a strong international presence with two subsidiaries, JK Cement Works Fujairah FZC and JK White Cement (Africa) Ltd.

  1. The Ramco Cements Limited

The Ramco Group, a well-known commercial organisation in South India, is led by its flagship company, Ramco Cements Limited. Its headquarters are in Chennai. 

Know abouts 

In 1976, Ramco adopted dry process kiln technology with a capacity of 12,000 tonnes per day. It was the first of its kind in India. The sixth grinding unit in Haridaspur, Odisha was commissioned in 2020. Fifth integrated cement plant at Kalavatala, Kurnool District, Andhra Pradesh in 2022.  Today, Ramco Cements becomes one of the largest cement producers in India, with a total cement production capacity of 21 MTPA. 

Current Scenario

RevenueINR 5310 Cr
Production Capacity21 MTPA
Market Share3%
Employees3034
  1. India Cements Ltd.

India Cements Ltd was founded in 1946 by two men, Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. India Cements has experienced strong growth over the past 20 years, going from a two-plant corporation with a capacity of barely 1.3 million tonnes in 1989 to one with a total capacity of 15.5 million tonnes annually.

Know abouts

Incorporated in 1946, the company commissioned its first cement plant at Sankarnagar in 1949. 

Current scenario 

RevenueINR 5770 Cr
Production Capacity15 MTPA
Market Share3%
Employees4330
  1. Birla Corporation Ltd

Founded by Shri Ghanshyam Das Birla in the late 1910s and carried by Madhav Prasad Birla, Birla Corporation Limited is the flagship company of the M P Birla group of enterprises with its headquarters in India. The Birla Corporation began as a jute manufacturing business in the 1890s but eventually expanded to operate four major divisions: cement, jute, linoleum, and vehicle trim. 

Know abouts

In 1919, the Birla Jute Manufacturing Company Limited was established. With the AMP, which is constructing a solar power plant in 2020, the Company has agreed into a long-term power purchase agreement (PPA). The Cement Division of Birla Corporation Limited has 11 plants at eight locations, Satna & Maihar (Madhya Pradesh), Raebareli & Kundanganj (Uttar Pradesh), Chanderia (Rajasthan), Mukutban & Butibori (Maharashtra) and Durgapur (West Bengal).

Current scenario

RevenueINR 6778 Cr
Production Capacity15.5 MTPA
Market Share3.6
Employees5776

10.  Jaypee Cements 

Jaypee Group’s cement facilities are located in the Satna Cluster, Madhya pradesh as well as Uttar pradesh. The cement division of the Group has a rich history of over three decades of producing high-quality cement through its state-of-the-art cement plants. The group produces a special blend of Portland Pozzolana Cement under the brand names Jaypee Cement, Buland, Master Builder & Buniyad. 

Know abouts

Two 660 MW Jaypee Nigrie Super Thermal Power Plants were successfully launched by the organisation in 2015 and 2017, respectively. Bhutan’s Mangdechhu HydroElectric Power Project Authority completed the 720 MW hydro project’s commissioning in 2019.

Current scenario

RevenueINR 6612 Cr
Production Capacity2.20 MTPA
Market Share3.8%
Employees6000+

Sources:

Cement Companies in India

Top Cement Companies in India, Top Cement Stocks in India by Total Assets, List of Top Cement Stocks in India {2022} – BSE

UltraTech Cement

ACC Limited

JK Cement

Birla Corporation

Ambuja Cement

Shree Cement

Dalmia Cement

India Cements

Jaypee Group | Cement

Ramco Cements

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