Top 10 Cement Companies in India

Top 10 Cement Companies In India: Ultra Tech Cement Ltd is the number 1 cement company in India that manufactures white, grey, and ready mix concrete cement. India stands second when it comes to the production of cement. When you wish to construct a house, the basic need is the cement that holds the building strongly. The Indian cement industries require huge investments from both Indian investors as well as foreign investors. There are around 20000 people employed in the cement industries.

The quality of cement is a must when you choose it. The top 10 cement companies in India are the ones that offer high-quality cement to their customers and earn good revenue. Thus these companies have become the most trusted cement companies in India. Here is the list of the top 10 cement companies in India.

No. 1 Ultra Tech Cement Ltd

Ultra Tech Cement Limited is one of the most famous white, Ready Mix Concrete and Grey Cement in India. Being one of the leading cement producers, it is among the largest top 5 cement companies in India. Having a capacity of 102.75 million tons per annum, the UltraTech cement company sells grey cement worldwide.

Ultra Tech Cement Ltd. is the subsidiary of Grasim Industries and is owned by Aditya Birla Group. Its infrastructure has about 20 integrated plants, 26 grinding units, 7 bulk terminals, and 1 clinkerisation plant. Ultra Tech Cement is one of the best cement in India that is the largest exporter of cement and reaches out to the cement demands in various countries around the Indian Ocean and the Middle East.

Employees 120,000
Market Share 4%
Revenue 38,657 Cr.
Production Capacity 75 MTPA
Market Cap 107,207 Cr.
Stock P/E 61
Dividend Yield 29%
ROE 58%
Sales Growth (3yrs) 12%
Promoter Holding 68%
Debt to Equity 80
Price to Book Value 78

No.2 Ambuja Cements Ltd

Based on its turnover, Ambuja Cement Ltd. is the second-largest producer of cement in India. Ambuja Cement Ltd. is a part of the global conglomerate LafargeHolcim, and it is among the top ten cement companies in India.

Having a capacity of 29.65 million tons, Ambuja Cement has five integrated cement manufacturing plants and eight cement grinding units across the country. The cement produced by this company is one of the best quality cement in India and generates 7.4% of its power needs from renewable resources.

Revenue 26,646 Cr.
Employees 5180
Market Share 2%
Production Capacity 65 MTPA
ROCE 03%
ROE 59%
Market Cap 39,187 Cr.
Dividend Yield 00%
Stock P/E 76
Price to Book Value 70
Debt to equity 00
Sales Growth (3yrs) 40.26%
Promoter Holding 11%

No. 3 ACC Ltd

ACC Limited is India’s leading manufacturers of grey cement and ready-mix concrete with 17 cement factories and over 6,700 employees. ACC Ltd. is the third-largest cement producer in India. ACC cement has made a good record in concrete cement technology. Being one of the best cement companies in India, ACC Ltd is worldwide famous for its excellent cement sales across the world. Thus the company has made a good revenue from its sales in cement.

Market Share 6%
Revenue Rs 15,398 Cr.
Employees 6731
Production Capacity 4 MTPA
Debt to equity 00
Price to Book value 54
Market Cap 27,886 Cr.
Stock P/E 00
Dividend Yield 94%
ROE 28%
ROCE 06%
Promoter Holding 53%
Sales Growth (3 years)13%

No. 4 Shree Cement Ltd

Among the Top 10 cement companies in India, Shree Cement Limited stands at number 4 when it comes to sales. The Bangur family of Kolkata incorporated Shree Cement Ltd in 1979. Shree Cement had set up its very first Cement Plant in 1985. At present, the total Cement Capacity of Shree Cement Ltd is 29.30 Million tons.

In 1984, Shree Cement Ltd emerged with a Public Issue. Shree Cement has been named National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The total number of employees of the company is around 6299.

Market Share 7%
Revenue 12,555 Cr.
Employees 6,299
Production capacity 30 MTPA
Price to book value 66
Debt to equity 29
Sales Growth (3years) 56%
Promoter Holding 79%
Market Cap 64,420 Cr.
Stock P/E 41
Dividend Yield 32%
ROCE 61%
ROE 30%

No. 5 Dalmia Bharat Ltd

Dalmia Bharat Ltd has manufacturing plants in Tamil Nadu and Andhra Pradesh. Having a capacity of 9 million tonnes per annum. Dalmia Bharat Cement is the best cement brand in India. Since 1939, Dalmia Bharat Limited is manufacturing and famous for multi-spectrum Cement and has explored double-digit market share by selling super-specialty cement used to construct Oil wells, Airstrips, and Railway Sleepers. Dalmia Bharat Cement holds a stake of 74% in OCL India Ltd. It is one of the best cement in India.

Market Share 5%
Revenue 9,642 Cr.
Employees 5,634
Production Capacity 5 MTPA
Price to Book value 54
Market Cap 16,343 Cr.
ROCE 14%
ROE 76%
Stock P/E 15
Dividend Yield 24%
Promoter Holding 26%

No. 6 Birla Corporation Limited

Birla Corporation Ltd. is under the ownership of M.P. Birla Group. In 1919, it was incorporated as Birla Jute Manufacturing Company Limited. Late Mr. Madhav Prasad Birla gave the shape of this company. Its main activity is manufacturing cement and expanding its sales. The company is also into jute goods.

Market Share 2%
Revenue 6,778 Cr.
Employees 5,776
Production Capacity 5 MTPA
Debt to Equity 90
Price to Book Value 96
Market Cap 4,307 Cr.
Stock P/E 13.79
Dividend Yield 34%
ROCE 02%
ROE 70%
Sales Growth (3Years) 07%
Promoter Holding 90%

No. 7 India Cements Ltd.

India Cements Ltd was founded In 1946 by two men, namely Sri T S Narayanaswami and Shri S N N Sankaralinga Iyer. At present, India Cements has 8 successful cement plants in Tamil Nadu, Andhra Pradesh, Rajasthan, and Telangana, and two grinding units, making good revenue in Maharashtra and Tamil Nadu. It is the best cement brand in India.

Market Share 3
Employees 4300
Revenue 5,770 Cr.
Production Capacity 15 MTPA
Market Cap 2,462 Cr.
ROCE 62%
ROE 38%
Dividend Yield 07%
Price to book value 47
Debt to Equity 47
Promoter Holding 21%
Sales Growth (3Years) 75%
Stock P/E 54

No. 8 The Ramco Cements Limited

Ramco Cements Ltd. belongs to the Ramco Group and is very famous in South India. The headquarters of The Ramco Cements Limited is in Chennai. Portland Cement is the superior product of the company, being manufactured in 8 states. The Integrated Cement plants and the Grinding Units of the company have a total production capacity of 16.45 MTPA.

Market Share 3
Revenue 5,310 Cr.
Employees 3034
Production Capacity 16 MTPA
Price To Book Value 83
Debt to Equity 36
Market Cap 17,090 Cr.
Stock P/E 29.83
Dividend Yield 41%
ROCE 64%
ROE 87%
Sales Growth (3 years) 93%
Promoter Holding 75%

No. 9 Orient Cement Limited

Orient Cement was established in 1979. In 2012, it was demerged and later emerged as one of the fastest-growing and leading cement manufacturers in India. In 2015, Orient Cement Limited began its commercial production at a cement plant in Chittapur in Gulbarga in Karnataka.

It has a total capacity of 8 MTPA. The company is working in Telangana, Maharashtra, Andhra Pradesh, Karnataka, and Madhya Pradesh, Kerala, Tamil Nadu, Gujarat, and Chhattisgarh.

Market Share 6%
Employees 1500
Revenue 2,570 Cr.
Production Capacity 8 MTPA
Price to Book value 74
Debt to Equity 22
Promoter Holding 36%
Sales Growth (3 years) 92%
ROE 58%
ROCE 26%
Dividend Yield 84%
Stock P/E 02
Market Cap 1,838 Cr.

No. 10 Heidelberg Cement India Ltd

Heidelberg Cement India Limited works in Central India at Damoh in Madhya Pradesh, Jhansi in Uttar Pradesh, and Southern India at Ammasandra in Karnataka. The Heidelberg Cement Company’s new branch has helped the company increase its market share in Madhya Pradesh and Uttar Pradesh. It now has its markets in Haryana, Uttarakhand, and Bihar.