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Top 10 Cement Companies in India 2020


Here we can see the list of top 10 Companies in Cement in India [best cement in India] by revenue and Market share. Now let us see about the Cement Sector in India and then we move on to Top leading cement companies in India in the Cement sector

India is the second-largest producer of cement i
n the world. Ever since it was deregulated in 1982, the Indian cement industry has attracted huge investments, both from Indian as well as foreign investors. The cement industry employs ~20,000 people across downstream sectors for every million tonne of cement produced.

According to data released by the (DIPP), cement and (FDI) worth US$ 5.28 billion between April 2000 and March 2018. As per IBEF, cement production capacity stood at 502 million tonnes per year (MTPA). Capacity addition of 20 million tonnes per annum (MTPA) is expected in FY2019 to FY2021. The cement industry is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by the year 2025.

List of Top 10 cement company in India [best cement in India]

Here is the list of Top 10 cement company in India with capacity and sales.

1. 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. Ultratech is the Largest among the top 5 cement companies in India . Ultra tech is the subsidiary of Grasim Industries which is owned by Aditya Birla Group.

  • Revenue: Rs 38,657 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. It is the leading cement companies in India.

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. Ultratech is best cement in India

  • Market Cap:  107,207 Cr.
  • Stock P/E: 35.61
  • Dividend Yield: 0.29 %
  • ROCE: 10.22 %
  • ROE: 8.58 %
  • Sales Growth (3Yrs): 14.12 %
  • Promoter holding: 61.68 %
  • Debt to equity: 0.80
  • Price to book value: 3.78

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 WellCare 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. It is the largest producer of cement in India based on turnover and market share.

2. Ambuja Cements Ltd

Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the Top 10 Cement Companies in India. It is the second-largest producer of cement in India based on turnover.

  • Revenue: Rs 26,646 Cr
  • Production capacity: 29.65 MTPA
  • Employees: 5180
  • Market Share: 6.2 %

Ambuja Cement has provided hassle-free, home-building solutions with its uniquely sustainable development projects and environment-friendly practices since it started operations. Ambuja cement is in the list of top 5 cement companies in India. One of the best cement in India

  • Market Cap:  39,187 Cr.
  • Stock P/E: 15.76
  • Dividend Yield: 0.00 %
  • ROCE: 15.03 %
  • ROE: 10.59 %
  • Sales Growth (3Yrs): 40.26 %
  • Promoter holding: 63.11 %
  • Debt to equity: 0.00
  • Price to book value: 1.70

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. The company produces one of the best quality cement in India.

3. 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. It is the 3rd leading cement companies in India

  • Revenue: Rs 15,398 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.

  • Market Cap:  27,886 Cr
  • Stock P/E: 16.00
  • Dividend Yield: 0.94 %
  • ROCE: 16.06 %
  • ROE: 15.28 %
  • Sales Growth (3Yrs): 8.13 %
  • Promoter holding: 54.53 %
  • Debt to equity: 0.00
  • Price to book value: 2.54

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.

4. Shree Cement Ltd

Shree Cement Ltd is the Fourth among the Top 10 Companies in Cement in terms of sales. 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.

  • Revenue: Rs 12,555 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. It is on the list of top 5 cement companies in India.

  • Market Cap:  64,420 Cr.
  • Stock P/E: 56.41
  • Dividend Yield: 0.32 %
  • ROCE: 12.61 %
  • ROE: 12.30 %
  • Sales Growth (3Yrs): 31.56 %
  • Promoter holding: 64.79 %
  • Debt to equity: 0.29
  • Price to book value: 6.66

5. Dalmia Bharat Ltd

Dalmia Bharat Ltd is Fifth Among the Top 10 Companies in Cement by Total Revenue. The Company has cement manufacturing plants in southern states of Tamil Nadu (Dalmiapuram & Ariyalur) and Andhra Pradesh (Kadapa), with a capacity of 9 million tonnes per annum.

  • Revenue: Rs 9,642 Cr
  • Production capacity: 26.5 MTPA
  • Employees: 5,634
  • Market Share: 5.5 %

A leader in cement manufacturing since 1939, DCBL is a multi-spectrum Cement player with double-digit market share and a pioneer in super-specialty cement used for Oil wells, Railway sleepers, and Airstrips. It is last in the list of top 5 cement companies in India.

  • Market Cap:  16,343 Cr.
  • Stock P/E: 40.15
  • Dividend Yield: 0.24 %
  • ROCE: 4.14 %
  • ROE: 1.76 %
  • Promoter holding: 54.26 %
  • Debt to equity: 0.55
  • Price to book value: 1.54

Dalmia holds a stake of 74 % in OCL India Ltd., a major cement player in the Eastern Region. Recently acquired the brands Adhunik Cement & Calcom Cement in North East. The group now controls an expandable capacity of 25 million tonnes. One of the best cement in India.

6. Birla Corporation Limited

Birla is the flagship Company of the M.P. Birla Group. Incorporated as Birla Jute Manufacturing Company Limited in 1919, it was Late Mr. Madhav Prasad Birla who gave shape to it. As Chairman of the Company, he transformed it from a manufacturer of jute goods to a leading multi-product corporation with widespread activities. It is one of the Top leading cement companies in India

  • Revenue: Rs 6,778 Cr
  • Production capacity: 15.5 MTPA
  • Employees: 5,776
  • Market Share: 3.2 %

Under the Chairmanship of Mrs. Priyamvada Birla, the Company crossed the Rs. 1,300 – crore turnover mark and the name was changed to Birla in 1998. Mr. Harsh V Lodha is now Chairman of the Company. It is sixth in the list of top 10 cement company in India.

The Company is primarily engaged in the manufacturing of cement as its core business activity. It has a significant presence in the jute goods industry as well. The company produces one of the best quality cement in India.

  • Market Cap:  4,307 Cr
  • Stock P/E: 13.79
  • Dividend Yield: 1.34 %
  • ROCE: 8.02 %
  • ROE: 5.70 %
  • Sales Growth (3Yrs): 26.07 %
  • Promoter holding: 62.90 %
  • Debt to equity: 0.90
  • Price to book value: 0.96

The Company has acquired 100% shares of Reliance Cement Company Private Limited (Reliance Cement), a subsidiary of Reliance Infrastructure Limited (RIL). After this acquisition, Reliance Cement has become a wholly-owned material subsidiary of the company. The entire cement business of RIL has been acquired for an Enterprise Value of Rs. 4,800 crores. This acquisition provides with the ownership of high-quality assets, taking its total capacity from 10 MTPA to 15.5 MTPA.

7. India Cements Ltd

India cements Ltd was founded in the year 1946 by two men, Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. They had the vision to inspire dreams for an industrial India, the ability to translate those dreams into reality and the ability to build enduring relationships and the future.

  • Revenue: Rs 5,770 Cr
  • Production capacity: 15 MTPA
  • Employees: 4300
  • Market Share: 3

From a two plant company having a capacity of just 1.3 million tonnes in 1989, India Cements has robustly grown in the last two decades to a total capacity of 15.5 million tonnes per annum. It is seventh in the list of top 10 cement company in India.

  • Market Cap:  2,462 Cr.
  • Stock P/E: 123.54
  • Dividend Yield: 10.07 %
  • ROCE: 4.62 %
  • ROE: 0.38 %
  • Sales Growth (3Yrs): 5.75 %
  • Promoter holding: 28.21 %
  • Debt to equity: 0.65
  • Price to book value: 0.47

India Cements has now 8 integrated cement plants in Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan and two grinding units, one each in Tamil Nadu and Maharashtra.

8. The Ramco Cements Limited

The Ramco Cements Limited is the flagship company of the Ramco Group, a well-known business group of South India. It is headquartered in Chennai. It is eight in the list of top 10 cement company in India.

  • Revenue: Rs 5,310 Cr
  • Production capacity: 16 MTPA
  • Employees: 3034
  • Market Share: 3

The main product of the company is Portland cement, manufactured in eight state-of-the-art production facilities that include Integrated Cement plants and Grinding units with a current total production capacity of 16.45 MTPA. The company is the fifth largest cement producer in the country. 

  • Market Cap:  17,090 Cr.
  • Stock P/E: 29.83
  • Dividend Yield: 0.41 %
  • ROCE: 13.64 %
  • ROE: 11.87 %
  • Sales Growth (3Yrs): 12.93 %
  • Promoter holding: 42.75 %
  • Debt to equity: 0.36
  • Price to book value: 3.83

It is the most popular cement brand in South India. The company also produces Ready Mix Concrete and Dry Mortar products and operates one of the largest wind farms in the country.

9. Orient Cement Ltd

Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. It was demerged in the year 2012 and since then, it has emerged as one of the fastest-growing and leading cement manufacturers in India.

  • Revenue: Rs 2,570 Cr
  • Production capacity: 8 MTPA
  • Employees: 1500
  • Market Share: 1.6 %

Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at Nashirabad in Jalgaon, Maharashtra. It is ninth in the list of top 10 cement companies in India.

  • Market Cap:  1,838 Cr.
  • Stock P/E: 21.02
  • Dividend Yield: 0.84 %
  • ROCE: 8.26 %
  • ROE: 4.58 %
  • Sales Growth (3Yrs): 19.92 %
  • Promoter holding: 37.36 %
  • Debt to equity: 1.22
  • Price to book value: 1.74

In 2015, Orient Cement started commercial production at its integrated cement plant located at Chittapur, Gulbarga, Karnataka. With a total capacity of 8 MTPA, they serve Maharashtra, Telangana, Andhra Pradesh, Karnataka and parts of Madhya Pradesh, Tamil Nadu, Kerala, Gujarat, and Chhattisgarh.

10. HeidelbergCement India Ltd

Heidelberg Cement India Limited is is a subsidiary of HeidelbergCement Group, Germany. The Company has its operations in Central India at Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh) and in Southern India at Ammasandra (Karnataka).

  • Revenue: Rs 2,182 Cr
  • Production capacity:5.4 MTPA
  • Employees: 1100
  • Market Share: 1.1 %

The Company increased its capacity to 5.4 million tones p.a. through brownfield expansion of its facilities in Central India in 2013. It is 10th in the list of top 10 cement companies in India.

  • Market Cap:  4,357 Cr.
  • Stock P/E: 17.53
  • Dividend Yield: 2.08 %
  • ROCE: 24.83 %
  • ROE: 19.90 %
  • Sales Growth (3Yrs): 8.98 %
  • Promoter holding: 69.39 %
  • Debt to equity: 0.44
  • Price to book value: 3.72

The new manufacturing capacity has enabled the Company to increase its market share in Central India i.e. Madhya Pradesh and Uttar Pradesh and in markets of Bihar, Haryana, and Uttarakhand.

Read More about Top 10 Cement Companies in World

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  1. Please inform about These all top 10 Cement Industries are manufacturing Sulphate Resistant Cement also ?


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