Top Cement Companies in India

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The Indian cement industry is the second largest in the world after China, employing in excess of a million people throughout the country. The cement industry contributes a big deal to the Indian economy, more so because the construction industry in India relies heavily on the cement industry for natural reasons. Indian as well as foreign companies have invested billions in the Indian cement industry after regulations were lifted off in 1982. The cement industry in India is currently undergoing a turnaround phase striving hard to come at par with its global competitors in terms of safety, production and energy efficiency.

During the next four to five years, the Indian cement market is projected to witness a Compound Annual Growth Rate (CAGR) of around 8.96 percent. Approximately 67 percent of the cement consumption can be attributed to the housing sector in India, 13 percent to the infrastructure sector, 11 percent to the commercial construction and the rest to the industrial construction segment. The next two years might see the cement industry add on 5.6 crore tonnes to its capacity due to a steep rise in the demand. The overall cement capacity in India is expected to reach 39.5 crore tonnes by the next year and 42.1 crore tonnes by the end of 2017 from the present 36.6 crore tonnes.

A staggering 97 percent of the total cement production in India comes from the 188 large plants set up across the country, while 365 small cement plants are responsible for the remaining three percent. Just the three states of Tamil Nadu, Andhra Pradesh and Rajasthan are home to 77 of the 188 large plants. Some of the world's top cement companies are based in India. Seventy percent of all the cement produced in India belongs to the top 20 companies operating in the industry.

List of Top Cement Companies in India

The top cement companies in India in terms of market capitalisation are as follows:-

UltraTech Cement

The biggest player in the Indian cement industry is UltraTech Cement, a product of the Indian multinational conglomerate – the Aditya Birla Group that was founded in 1857. The group started its cement business in 1983 and named the brand UltraTech Cement. This company is based in India's financial capital Mumbai. As much as 6.4 crore tonnes of grey cement is churned out by UltraTech Cement every year. The company is also the largest cement exporter in India. On 10 July 2015, the market capitalisation of UltraTech Cement was valued at Rs. 85,363.84 crore.

Current market scenario of Ultratech Cement
Market Capitalisation.Rs. 85,363.84 Cr
Net SalesRs. 20,279.80 Cr
Net ProfitRs. 2,144.47 Cr.
Total AssetsRs. 21,955.03 Cr.


Shree Cement

Shree Cement is one of India's leading cement manufacturing companies. It was established in 1979 in Beawar town of the Ajmer district of the state of Rajasthan. The founder member of Shree Cement, Benu Gopal Bangur is the executive chairman of the company. The annual amount of cement produced by Shree cement weighs up to 1.75 crore tonnes. Shree Cement's market capitalisation amounted to Rs. 38,460.30 crore on 10 July 2015.

Current market scenario of Shree Cement
Market Capitalisation.Rs. 38,460.30 Cr.
Net SalesRs. 5,887.31 Cr.
Net ProfitRs. 787.24 Cr.
Total AssetsRs. 5,754.81 Cr.


Ambuja Cements

Ambuja Cements Limited (formerly Gujarat Ambuja Cement Limited) is an Indian cement manufacturing giant operating in the Indian cement industry for over 30 years now. Founded in 1983, Ambuja cement is headquartered in Mumbai, Maharashtra. In 2006, the management controls of the Ambuja Cements were bought by Global cement conglomerate Holcim from Switzerland. The annual manufacturing capacity of Ambuja Cements is around 2.87 crore tonnes. Ambuja Cements’ market capitalisation amounted to Rs. 37,105.87 on 10 July 2015.

Current market scenario of Ambuja Cement
Market Capitalisation.Rs. 37,105.87 Cr.
Net SalesRs. 9,978.12 Cr.
Net ProfitRs. 1,496.36 Cr.
Total AssetsRs. 9,787.71 Cr.


ACC

ACC (Associate Cement Companies Limited) is one of the top cement manufacturers of India. It was founded in 1936 and is headquartered in Mumbai. The Associate Cement Companies Limited is a group of companies like FE Dinshaw, Killick Nixon, Khataus and Tata. There are 17 modern cement manufacturing facilities across the country that belong to ACC. The company employs over 9,000 people and has many dealers for the distribution of its product. ACC's market capitalisation was Rs. 27,639.93 crore on 10 July 2015.

Current market scenario of ACC Cement
Market Capitalisation.Rs. 27,639.93 Cr.
Net SalesRs. 11,738.21 Cr.
Net ProfitRs. 1,168.29 Cr.
Total AssetsRs. 7,860.36 Cr.


Ramco Cements

Founded as Madras Cements Limited in the 1950s, Ramco Cement is one of the leading cement companies in India. It is headquartered in Chennai, Tamil Nadu. Portland cement is the prime project of the company. The combined manufacturing capacity of the eight state-of-the art facilities of Ramco Cements at present is 1.64 crore tonnes annually. The market capitalisation of Ramco Cements was valued at around Rs. 8,047.00 crore on 10 July 2015.

Current market scenario of Ramco Cement
Market Capitalisation.Rs. 8,047.00 Cr.
Net SalesRs. 3,644.89 Cr.
Net ProfitRs. 242.35 Cr.
Total AssetsRs. 4,903.50 Cr.


Prism Cement

Prism Cement is one of the largest building materials companies in India. Grey cement is the main product of the company; however, it deals in various types of construction materials such as tiles and other hardware products for kitchens and bathrooms. On 10 July 2015, the market capitalisation of Prism Cement amounted to Rs. 5,637.59 crore.

Current market scenario of Prism Cement
Market Capitalisation.Rs. 5,637.59 Cr.
Net SalesRs. 4,964.86 Cr.
Net LossRs. 81.65 Cr.
Total AssetsRs. 2,356.87 Cr.


Dalmia Cement

Dalmia Cement is the cement manufacturing division of the Dalmia Group that was established in 1939. Over 70 years of operations in the Indian cement industry, Dalmia Cement today has grown to be placed amongst the top cement companies in India. The company has manufacturing facilities in Andhra Pradesh and Tamil Nadu with a combined production capacity of over 90 lakh tonnes of cement per year. On 10 July 2015, the market capitalisation of Dalmia Cement amounted to Rs. 4,753.63 crore.

Current market scenario of Dalmia Cement
Market Capitalisation.Rs. 4,753.63 Cr.
Net SalesRs. 229.73 Cr.
Net ProfitRs. 49.74 Cr.
Total Assets578.90 Cr.


JK Laxmi Cement

JK Laxmi Cement is one of the most recognisable names of the Indian cement industry. It was founded in 1982 and headquartered in Sirohi, Rajasthan. It is the cement-making subsidiary of the JK Organisation that was established way back in 1888. JK Laxmi Cement churns out around 83 lakh tonnes of cement annually. The market capitalisation of JK Laxmi Cement was valued at Rs. 3,880.17 crore on 10 July 2015.

Current market scenario of JK Lakshmi Cement
Market Capitalisation.Rs. 3,880.17 Cr.
Net SalesRs. 2,056.60 Cr.
Net ProfitRs. 93 Cr.
Total AssetsRs. 2,638.12 Cr.


Orient Cement

Orient Cement is one of the major players of the Indian cement market. It started off in 1939. It is a fully owned subsidiary of the Indian multinational conglomerate CK Birla Group that was founded in 1857. It is based in Hyderabad, Telangana. The total manufacturing capacity of Orient Cement is 50 lakh tonnes per year, which the company targets to take around 1.5 crore tonnes by 2020. Orient Cement's market capitalisation amounted to Rs. 3,644.62 crore on 10 July 2015.

Current market scenario of Orient Cement
Market Capitalisation.Rs. 3,644.62 Cr.
Net SalesRs. 1,547 Cr.
Net ProfitRs. 194.78 Cr.
Total AssetsRs. 2,048.01 Cr.


Birla Corp

Birla Corporations is one of the leading cement companies in India today. It is a subsidiary of the Indian multinational MP Birla Group that was established in 1857. The cement manufacturing entity was started in 1918. The company is headquartered in Kolkata, West Bengal. Birla Corp manufactures around 93 lakh tonnes of cement per annum. The market capitalisation of Birla Corp stood at Rs. 3,272.73 crore on 10 July 2015.

Current market scenario of Bila Cement
Market Capitalisation.Rs. 3,272.73 Cr.
Net SalesRs. 3,209 Cr.
Net ProfitRs. 175.44 Cr.
Total AssetsRs. 3,673.55 Cr.



* Figures in ` Crores

Last Updated on : July 15, 2015