Top 10 Construction Companies in India 2023

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Here is the List of Construction Companies in India. The Construction Industry contributes about 20 % of the National GDP(PPP). The sector is labor-intensive and, including indirect jobs, provides employment to more than 49.5 million people.

The Construction industry in value terms is expected to record a CAGR of 15.7% to reach $ 738.5 bn by 2022. The industry contributes

• 55% share in the Steel industry,
• 15% in the Paint industry and
• 30% in the Glass industry.

Top 10 Construction Companies in India

Here is the list of top 10 Construction Companies in India. The list is Sorted out based on the sales in descending Order

10. Shree Cement Ltd

Incorporated in 1979 by renowned Bangur family based out of Kolkata. Set-up the first Cement Plant in 1985 with an installed capacity of 0.6 Mtpa. Today Total Cement Capacity of the Company is 29.30 Million tons.

• Sales₹ 17,634 Cr.
• Operating profit₹ 3,056 Cr.
• Net profit₹ 1,594 Cr.
• Sales last year₹ 16,837 Cr.
• EBIDT last year₹ 3,370 Cr.
• Production capacity: 29.30 MTPA
• Employees: 6,299
• Market Share: 7 %

Came out with a Public Issue in the year 1984. Listed on National Stock Exchange (“NSE”) and Bombay Stock Exchange (“BSE”). The total no of employees in 1985 was around 100. Total No. of Employees as on 31st March 2017 was 6299. The company was among top 10 construction companies in India

• Total Assets₹ 25,819 Cr.
• Reserves₹ 18,252 Cr.
• Debt₹ 2,811 Cr.
• Debt to equity0.15
• Dividend yield0.39 %
• Face value₹ 10.0
• ROE 5Yr12.6 %
• ROCE8.99 %
• ROCE 3Yr15.1 %
• Return on equity7.45 %
• Promoter holding62.6 %

9. ACC Ltd

ACC Limited is one of India’s leading manufacturers of cement and ready-mix concrete with 17 cement factories, 75 ready mix concrete plants, over 6,700 employees, a vast distribution network of 50,000+ dealers & retailers and a countrywide spread of sales offices.

• Sales₹ 18,516 Cr.
• Operating profit₹ 1,635 Cr.
• Net profit₹ 728 Cr.
• Sales last year₹ 22,210 Cr.
• EBIDT last year₹ 2,283 Cr.
• Production capacity: 28.4 MTPA
• Employees: 6731
• Market Share: 6%

ACC has consistently set benchmarks in cement and concrete technology since its inception in 1936. From the Bhakra Nangal Dam in 1960 to the Mumbai-Pune Expressway, ACC cement is at the foundation of iconic landmarks across the country.

• Total Assets₹ 20,544 Cr.
• Reserves₹ 13,950 Cr.
• Debt₹ 153 Cr.
• Debt to equity0.01
• Dividend yield0.46 %
• Face value₹ 10.0
• ROE 5Yr12.0 %
• ROCE10.0 %
• ROCE 3Yr15.0 %
• Return on equity7.06 %
• Promoter holding56.7 %

In 2005, ACC Limited became a part of the reputed Holcim Group of Switzerland. In 2015 Holcim Limited and Lafarge SA came together in a merger of equals to form LafargeHolcim – the new world leader in the building materials industry.

8. Reliance Infrastructure Ltd

Reliance Infrastructure Limited (RInfra), Constituent of the Reliance Group was incorporated in 1929 and is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and in the defense sector.

• No of Employees: 44,761
• Sales₹ 20,039 Cr.
• Operating profit₹ 1,019 Cr.
• Net profit₹ -3,203 Cr.
• Sales last year₹ 22,303 Cr.
• EBIDT last year₹ 3,881 Cr.

Construction Companies RInfra is a major player in providing Engineering, Procurement, and Construction (EPC) services for developing power, infrastructure, metro and road projects.RInfra is also a leading utility company having a presence across the value chain of power businesses i.e. generation, transmission, distribution, and power trading.

• Total Assets₹ 60,899 Cr.
• Reserves₹ 8,942 Cr.
• Debt₹ 11,510 Cr.
• Debt to equity1.24
• Dividend yield0.00 %
• Face value₹ 10.0
• ROE 5Yr6.97 %
• ROCE8.95 %
• ROCE 3Yr11.0 %
• Return on equity-0.67 %
• Promoter holding16.6 %

7. Ambuja Cements Ltd

Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. The Company is seventh in the List of top 10 construction companies in India 2023

• Sales₹ 31,729 Cr.
• Operating profit₹ 4,262 Cr.
• Net profit₹ 2,438 Cr.
• Sales last year₹ 38,937 Cr.
• EBIDT last year₹ 5,888 Cr.
• Production capacity: 29.65 MTPA
• Employees: 5180
• Market Share: 6.2 %

Ambuja Cement has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations.

• Total Assets₹ 51,721 Cr.
• Reserves₹ 26,301 Cr.
• Debt₹ 523 Cr.
• Debt to equity0.02
• Dividend yield0.57 %
• Face value₹ 2.00
• ROE 5Yr10.5 %
• ROCE12.6 %
• ROCE 3Yr14.8 %
• Return on equity10.8 %
• Promoter holding63.2 %

Currently, Ambuja Cement has a cement capacity of 29.65 million tonnes with five integrated cement manufacturing plants and eight cement grinding units across the country. The company also generated 7.4% of its power needs from renewable resources.

6. Jindal Steel & Power Ltd

Jindal Steel & Power Limited (JSPL), a part of the USD 22 billion diversified O. P. Jindal Group, is a leading Indian Steel manufacturer and Power producer. The Company is 6th in the List of top 10 construction companies in India 2020.

• Total Assets₹ 69,427 Cr.
• Reserves₹ 38,606 Cr.
• Debt₹ 13,046 Cr.
• Debt to equity0.34
• Dividend yield0.29 %
• Face value₹ 1.00
• ROE 5Yr7.79 %
• ROCE14.2 %
• ROCE 3Yr17.4 %
• Return on equity10.6 %
• Promoter holding61.2 %

JSPL’s business operations span across the states of Chhattisgarh, Odisha, and Jharkhand in India, where it operates some of India’s most advanced steel manufacturing and power generation capacities of a global scale.

JSPL has created cutting-edge capacities to produce upto 9.95 Million Tonne Per Annum (MTPA) Iron catering to its 11.6 MTPA Liquid Steelmaking capacities across three locations in India and abroad.

• Sales₹ 52,254 Cr.
• Operating profit₹ 9,124 Cr.
• Net profit₹ 2,895 Cr.
• Sales last year₹ 53,212 Cr.
• EBIDT last year₹ 9,963 Cr.
• Total Capacity: 11 MnTPA.
• Capacity in India: 8.6 MnTPA.
• Capacity in Oman: 2.4 MnTPA.

The company has a well-spread out installed finished steel capacity of 6.55 MTPA prudently spread over Bar Mills, Plate Mills, Rail and Universal Beam Mill (RUBM), Medium & Light Structural Mill (MLSM), and Wire Rod Mill.

JSPL’s captive iron ore mines at Tensa, Odisha have a production capacity of 3.11 MTPA. The company owns and operates combined power generation capacities of 5034 MW including the 3400 MW O.P. Jindal Super Thermal Power complex at Tamnar, Chhattisgarh.

5. UltraTech Cement Ltd

UltraTech Cement Ltd. is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally.

• Sales₹ 65,813 Cr.
• Operating profit₹ 10,573 Cr.
• Net profit₹ 5,182 Cr.
• Sales last year₹ 63,240 Cr.
• EBIDT last year₹ 11,095 Cr.
• Production capacity: 102.75 MTPA
• Employees: 120,000
• Market Share: 21.4 %
  

The company has a consolidated capacity of 102.75 Million Tonnes Per Annum (MTPA) of grey cement. UltraTech Cement has 20 integrated plants, 1 clinkerisation plant, 26 grinding units, and 7 bulk terminals.

Its operations span across India, UAE, Bahrain, Bangladesh and Sri Lanka. UltraTech Cement is also India’s largest exporter of cement reaching out to meet the demand in countries around the Indian Ocean and the Middle East.

• Total Assets₹ 91,380 Cr.
• Reserves₹ 54,036 Cr.
• Debt₹ 11,058 Cr.
• Debt to equity0.20
• Dividend yield0.46 %
• Face value₹ 10.0
• ROE 5Yr12.4 %
• ROCE12.9 %
• ROCE 3Yr14.0 %
• Return on equity9.63 %
• Promoter holding60.0 %

In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has a white cement plant with a capacity of 0.56 MTPA and 2 WallCare putty plants with a combined capacity of 0.8 MTPA.It employs a diverse workforce comprising of 120,000 employees, belonging to 42 different nationalities across 36 countries.

4. Steel Authority of India Ltd

Steel Authority of India Limited (SAIL) is a Government steel-making company in India and one of the seven Maharatna’s of the country’s Central Public Sector Enterprises.

• Total Assets₹ 1,30,782 Cr.
• Reserves₹ 50,616 Cr.
• Debt₹ 30,773 Cr.
• Debt to equity0.56
• Dividend yield1.69 %
• Face value₹ 10.0
• ROE 5Yr10.5 %
• ROCE5.89 %
• ROCE 3Yr13.6 %
• Return on equity3.57 %
• Promoter holding65.0 %

SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products

• Sales₹ 1,04,778 Cr.
• Operating profit₹ 7,387 Cr.
• Net profit₹ 1,585 Cr.
• Sales last year₹ 1,04,448 Cr.
• EBIDT last year₹ 9,586 Cr.
• Total Capacity: 21 MnTPA .

3. JSW Steel Ltd

JSW Steel is a flagship company of the JSW Group. The Construction Companies has a steel making capacity of 18 MnTPA. Ranked 7 th amongst Top 34 World Class Steelmakers by World Steel Dynamics. It has a large scale presence in both India and international.

• Total Assets₹ 2,10,539 Cr.
• Reserves₹ 65,394 Cr.
• Debt₹ 80,820 Cr.
• Debt to equity1.23
• Dividend yield0.44 %
• Face value₹ 1.00
• ROE 5Yr19.4 %
• ROCE8.33 %
• ROCE 3Yr17.3 %
• Return on equity5.64 %
• Promoter holding45.4 %

Starting with a single plant in 1982, now JSW Steel is India’s leading manufacturer of value-added and high-grade steel products. The Company has plants in Karnataka, Tamil Nadu, and Maharashtra. JSW Steel is a third-largest construction company in India

• Sales₹ 1,70,087 Cr.
• Operating profit₹ 21,130 Cr.
• Net profit₹ 5,728 Cr.
• Sales last year₹ 1,65,960 Cr.
• EBIDT last year₹ 19,500 Cr.
• Total Capacity: 18 MnTPA.

JSW Steel Coated Products Limited is India’s leading manufacturer and exporter of coated steel with a capacity of 1.8 MTPA. A 100% subsidiary of its parent company JSW Steel Ltd.

2. Tata Steel Ltd

Tata Steel was established in India as Asia’s first integrated private steel company in 1907. The companies crude steel capacity across Indian operations is nearly 19 MnTPA. Tata Steel is the second-largest steel producer in Europe with a crude steel production capacity of over 12.1 MnTPA. Tata Steel is the second-largest construction company in India.

• Sales₹ 2,39,412 Cr.
• Operating profit₹ 22,230 Cr.
• Net profit₹ 886 Cr.
• Sales last year₹ 2,43,353 Cr.
• EBIDT last year₹ 33,504 Cr.
• Total Capacity: 34 MnTPA.
• Capacity in India: 19.4 MnTPA
• Capacity Overseas: 14.6 MnTPA

Construction Companies Tata Steel acquired Bhushan Steel Limited in the year 18-19. Tata Steel group acquired the steel business of Usha Martin Limited through one of its subsidiaries.

• Total Assets₹ 2,85,396 Cr.
• Reserves₹ 1,01,861 Cr.
• Debt₹ 84,893 Cr.
• Debt to equity0.82
• Dividend yield2.86 %
• Face value₹ 1.00
• ROE 5Yr15.4 %
• ROCE12.6 %
• ROCE 3Yr18.6 %
• Return on equity7.28 %
• Promoter holding33.9 %

Tata Steel has manufacturing units at Jamshedpur, Jharkhand and Kalinganagar, Odisha with production capacities of 10 MnTPA and 3 MnTPA, respectively. In Financial Year 2018-19, the Company initiated a 5 MnTPA expansion project at Kalinganagar to enhance its cumulative capacity to 8 MnTPA.

1. L&T – Larsen & Toubro Ltd

It is the Largest Construction Companies in India. L&T is an engineering and construction conglomerate with global operations. L&T addresses critical needs in key sectors – Hydrocarbon, Infrastructure, Power, Process Industries and Defence – for customers in over 30 countries around the world.

• Total Assets₹ 3,29,722 Cr.
• Reserves₹ 89,045 Cr.
• Debt₹ 1,20,650 Cr.
• Debt to equity1.35
• Dividend yield0.78 %
• Face value₹ 2.00
• ROE 5Yr13.9 %
• ROCE11.6 %
• ROCE 3Yr10.7 %
• Return on equity11.7 %
• Promoter holding0.00 %

Ranked among the world’s top 30 contractors, L&T Construction Companies contributes significantly to building the image and stature of Larsen & Toubro across the world and driving L&T’s reputation as ‘the builder of India of the 21^st century’.

• No of Employees: 44,761
• Sales₹ 1,95,370 Cr.
• Operating profit₹ 27,686 Cr.
• Net profit₹ 13,398 Cr.
• Sales last year₹ 1,83,341 Cr.
• EBIDT last year₹ 29,328 Cr.

L&T is the largest in the list of top 10 construction companies in India. The Company’s manufacturing footprint extends across eight countries in addition to India.

L&T has several international offices and a supply chain that extends around the globe. Over the past years, the Digital Transformation of L&T Construction has been an industry game-changer, laying a blueprint for Digitalization across all L&T businesses.