The top cement brands in India have managed to create a distinct place for themselves in the global cement industry because of high-quality cement, vast distribution network and massive manufacturing capacity.
India is the second largest cement producer in the world. Its total cement production capacity stood at 545 million tons of cement in the fiscal year 2022. The country is home to 185 large cement plants and accounts for nearly 7% of the installed capacity in the worldwide cement industry.
Table of Contents
Top 10 Cement Companies in India by Net Sales
1. UltraTech Cement Ltd
- Origin Country: India
- Founded: 1983
- Headquarters: Mumbai, Maharashtra, India
- Employees: 23,000
- Parent Company: Aditya Birla Group
- Annual Revenue in 2023: US$7.48bn (2023 financial year)
- Net Income in 2023: INR 8,000 crore (USD 1.0 billion)
- Market Cap in 2023: INR 2.0 trillion (USD 26.3 billion)
- Net Sales: Rs. 18,436 crores (year ended 31st March 2023)
UltraTech Cement Ltd is the largest manufacturer of ready-mix concrete and grey cement as well as one of the largest manufacturers of white cement in the Indian cement industry. UltraTech Cement is one of the leading cement producers globally and boasts of being the only cement company outside of China to have 100+ MTPA cement manufacturing capacity in a single country.
UltraTech Cement Ltd has spread its business operations to India, Sri Lanka, Bahrain and UAE. It is one of the leading cement companies in India with 22 integrated cement manufacturing plants, 8 bulk packaging terminals, 1 clinkerisation unit and 27 cement grinding units.
UltraTech Cement has a market reach of 80% across India because of nearly 1 lakh channel partners spread all over the country.
The consolidated capacity of UltraTech Cement Ltd for grey cement is 119.95 million tonnes per annum. In the white cement category, UltraTech Cement is sold in the market under the brand name Birla White.
UltraTech Cement is the largest manufacturer of concrete in India with 100+ ready-mix concrete production plants and is also the pioneer of UltraTech Building Solutions. Its product portfolio includes Portland Slag Cement, Portland Blast Slag Cement, Portland Pozzolana Cement and Ordinary Portland Cement.
2. ACC Limited
- Origin Country: India
- Parent: Adani Group
- Founded: 1936
- Headquarters: Mumbai, Maharashtra, India
- Employees: 6,900
- Revenue : INR 52,011.1 million (quarter ended June 30, 2023)
- Consolidated Net Profit for Q1 2023: INR 450 crore (USD 58 million)
- Market Cap in 2023: USD 7.2 billion
- Net Sales: INR 16,000 crores (USD 200 million)
ACC cement company formerly known as The Associated Cement Companies Limited is one of the leading cement producers globally and one of India’s top 10 cement companies. In the year 2004, management control was taken up by global cement conglomerate Holcim Group. Currently, ACC Limited is a subsidiary of Ambuja Cements and a part of the Adani Group.
ACC cement company is one of the leading cement companies in India. It has 17 cement manufacturing plants, 85 ready-mix concrete production plants, 9 power plants and a vast distribution network of 56,000 retailers and dealers.
ACC cement is synonymous with quality cement and was one of the first Indian cement companies to commit towards environmental protection. ACC cement is a trusted name in the cement industry and produces ready-mix concrete and Portland Cement.
The product portfolio of ACC cement company includes the Gold and Silver range of ACC cement and value-added products solutions for various applications.
3. Shree Cement
- Origin Country: India
- Founded: 1979
- Headquarters: Kolkata, West Bengal, India
- Employees: 6,700
- Annual Revenue in 2023: INR 160 billion (USD 20.6 billion)
- Net Income in 2023: INR 25 billion (USD 310 million)
- Market Cap in 2023: INR 850 billion (USD 11 billion)
- Net Sales: INR 12,500 crores (USD 151 million)
Shree Cement is one of the leading cement manufacturers in the Indian cement industry. It has spread its presence across India and the Middle East with 4 integrated cement plants located in India, 1 integrated cement plant located in UAE and 9 grinding units. Shree Cement is an Indian cement manufacturer that was founded in Beawar, Rajasthan in 1979. It is now headquartered in Kolkata and is one of the biggest cement makers in Northern India.
Shree Cement boasts a power generation capacity of 752 Megawatts and a consolidated cement production capacity of 47.4 million tonnes per annum. Shree Cement was one of the first cement brands to use alternate fuel resources in cement production and currently has the second-highest installed capacity of waste heat recovery power plants in the world.
Shree Cement has concrete plants in Uttar Pradesh, India and is one of the leading producers of Autoclaved Aerated Concrete Blocks.
The diversified product portfolio of Shree Cement includes Shree Cement Ordinary Portland Cement, Shree Cement Portland Pozzolana Cement, Shree Cement Portland Slag Cement, Shree Cement Bangur Power, Shree Cement Bangur Cement and Shree Cement Roofon.
4. Ambuja Cements Limited
- Origin Country: India
- Parent: Adani Group
- Founded: 1983
- Headquarters: Mumbai, Maharashtra, India
- Employees: 4,800
- Revenue in Q1 2023: Rs 8,713 crore
- Quarterly Net Profit: Rs. 502.40 crore (March 2023)
- Operating EBITDA: INR 3,300 crore (USD 425 million)
- Market Cap in 2023: USD 13.5 billion
- Net Sales: Rs 4,256.31 crore (March 2023)
Ambuja Cements Limited, previously named Gujarat Ambuja Cement Limited is one of the leading cement companies in the Indian cement industry. The company was founded in 1983. Ambuja Cements Limited is headquartered in Mumbai, Maharashtra, India. It deals in clinker and cement production for domestic and overseas markets. The cement production capacity stood at 31.45 million tonnes per annum for Ambuja Cements making it one of the leading cement manufacturers in the global market.
Ambuja Cements Limited is the best cement company in India with a diversified and fastest-growing portfolio of sustainable businesses. It is one of the first innovative cement companies with high-quality cement products like Ambuja Plus, Ambuja Cement Compocem, Ambuja Cement, Ambuja Cement Buildcem, Ambuja Cement Railcem and Ambuja Kawach.
Ambuja Cements has a network of 50,000 channel partners, eight cement grinding units and 6 integrated cement manufacturing plants spread across India. Ambuja Cements is the first cement company to have a captive port with 5 bulk cement terminals.
5. Prism Cement
- Origin Country: India
- Promoted By: Rajan Raheja Group
- Parent: Prism Johnson Limited
- Founded: 1997
- Headquarters: Hyderabad, India
- Corporate Office: Mumbai, Maharashtra, India
- Employees: 2,000
- Annual Revenue in 2023: INR 1,400 crore (USD 175 million)
- Consolidated Profit: INR207.6m (30 June 2023)
- Net Sales: INR 19.04 billion (US$230.4 million) (30 June 2023).
Prism Cement, also known as Prism Johnson Limited, is a cement manufacturing company that was established in 1997 and is promoted by the Rajan Raheja Group. It operates one of the largest single kiln cement plants in the country, located in Satna, Madhya Pradesh. The company’s cement manufacturing facility in Satna is equipped with state-of-the-art machinery and technical support from F.L Smidth & Co A.S Denmark.
Prism Cement is one of the leading cement companies in India that deals in cement production and manufacturing, ready mix concrete and ceramic tiles.
Prism Cement is one of the leading integrated building materials cement companies in India with a wide range of product portfolios. It manufactures Portland Pozzolana Cement under cement brand names Prism Champion, Prism Duratech and Prism Champion Plus and a full range of OPC.
Prism Cement has the largest single kiln plant in India at Satna in Madhya Pradesh with a current cement capacity of 5.6 million tonnes per annum. The tile brand Johnson has a capacity of 54.5 million square meters out of which 40% is located in South India.
The cement brand has spread its presence with a network of 10,000 channel partners and 3,700 dealers servicing via 200 stocking points. It is a leading manufacturer of ready-mix concrete cement and has 81 concrete plants in 35 cities across India.
6. India Cements
- Origin Country: India
- Owner: N. Srinivasan
- Founded: 1946
- Headquarters: Chennai, Tamil Nadu, India
- Employees: 3,100
- Annual turnover: INR 5,500 crores (USD 725 million)
- Annual Revenue: INR 55 billion (USD 725 million)
- Net Profit for Q2 2023: INR 85 crore (USD 110 million)
- Market Cap in 2023: INR 62.00 billion (USD 800 million)
- Net Sales: Rs 1,460.47 crore (March 2023)
India Cements Limited is a cement manufacturing company based in Chennai, India. It was established in 1946 by S. N. N. Sankaralinga Iyer, and the first plant was set up at Thalaiyuthu in Tamil Nadu in 1949. The company is the 9th largest listed cement company in India by revenue.
It has 7 integrated cement plants in Tamil Nadu, Telangana, and Andhra Pradesh, one in Rajasthan (through its subsidiary, Trinetra Cement Ltd), and two grinding units, one each in Tamil Nadu and Maharashtra, with a capacity of 15.5 million tonnes.
The cement company India Cements established its first cement plant at Thalaiyuthu in Tamil Nadu. It currently has two grinding units and 10 integrated cement plants with a total cement capacity of 15.5 million tonnes per annum.
India Cements owns several subsidiaries like Raasi Gold, Coramandel Cement and Sankar Cement. The brand is involved in manufacturing sulphate-resistant cement along with white putty, ready-mix concrete, clinker and cement.
7. Ramco Cements
- Origin Country: India
- Founder: P A C Ramaswamy Raja
- Parent: Ramco Group
- Founded: 1961
- Headquarters: Chennai, Tamil Nadu, India
- Employees: 3,100
- Revenue in Q2 2023: INR 1,750 crore (USD 220 million)
- Net Profit in Q2 2023: Rs. 150.86 crore (March 2023)
- Market Cap in 2023: INR 175 billion (USD 225 million)
- Net Sales: Rs. 2,572.54 crore (March 2023)
Ramco Cements is one of the leading cement companies in India and the most popular cement brand in East and South India. It is one of the largest cement producers with a total cement capacity of 21 million tonnes per annum.
Ramco Cements has five cement plants, one RRD centre and six grinding units. Its diversified portfolio has 20+ products like OPC, RMC, Portland blast furnace slag cement, white cement, blended cement, wall putty and dry mortar products. The cement company in India also operates wind farms and has installed several windmills for its convenience.
8. JK Cement Limited
- Origin Country: India
- Founder: Shri Yadupati Singhaniaji
- Founded: 1994
- Headquarters: Kanpur, Uttar Pradesh, India
- Authorized Share Capital: INR 80.00 crore (USD 10.5 million)
- Operating Revenue Range: INR 500 crore (USD 65 million)
- Revenue (TTM): $1.19 B (2023)
- Consolidated Total Income for Q2 2023: INR 2,400 crore (USD 300 million)
- Market Cap in August 2023: $3.03 Billion
- Net Sales: INR 5,200 crores (USD 675 million)
JK Cement Limited is one of the top cement companies in India and a leading manufacturer of grey cement and white cement. The cement brand has an installed grey cement, white cement and wall putty production capacity of 15 MTPA, 1.20 MTPA and 1.2 MTPA respectively.
JK Cement has spread its presence in the international market across 43 countries with two subsidiaries JK White Cement (Africa) Ltd and JK Cement Works Fujairah FZC. The white cement plant was established at Gotan, Rajasthan, India in 1984 where the Indian cement company manufactures White Portland Cement.
The cement brand started its commercial production from its first cement plant in Nimbahera, Rajasthan and currently is the second-largest white cement producer in India. The product portfolio of JK Cement includes grey cement, white cement, wall putty, wood finishes, tile adhesives and gypsum plaster.
9. Birla Corporation Limited
- Origin Country: India
- Founder: Shri Ghanshyam Das Birla
- Owner: M.P. Birla Group
- Founded: 1919
- Headquarters: Kolkata, West Bengal, India
- Net Profit in 2023: Rs 85 crore (March 2023)
- Turnover: INR 6,871.45 crore (USD 865 million)
- Market Cap in 2023: INR 72.23 billion (USD 900 million)
- Net Sales: Rs 2,462.57 crore (March 2023)
Birla Corporation Limited is a multi-product manufacturing company that is part of the M.P. Birla Group, one of the largest industrial houses in India. The company was founded in 1919 by Ghanshyam Das Birla and Madhav Prasad Birla. Its headquarters are located in Kolkata, West Bengal. The company operates in several industries, including cement, jute, vinoleum, auto trim, and others.
Birla Corporation Limited is one of the top cement companies in India with a strong presence in North, East and Central India. The installed capacity and total capacity of cement production of Birla Corp are 20 million tonnes per annum and 15.5 MTPA respectively.
The cement segment of Birla Corp has 11 cement plants at eight locations across India. It is the manufacturer of one of the best cement in India with a portfolio that includes Ordinary Portland Cement, Portland Slag Cement, Sulphate Resistant Cement and Fly Ash-based PPC.
10. JK Lakshmi Cement Limited
- Origin Country: India
- Parent: JK Organization
- Founded: 1982
- Annual Turnover: INR 4,500 crores (USD 600 million)
- Revenue in Q1 2023: INR 1,700 crore (USD 215 million)
- Net Profit in Q1 2023: INR 200 crore (USD 250 million)
- Consolidated Net Profit for 2023: INR 500 crore (USD 650 million)
- Annual Revenue for 2023: INR 5,700 crore (USD 750 million)
- Market Cap in 2023: INR 60 billion (USD 800 million)
- Net Sales: INR 4,100 crores (USD 525 million)
JK Lakshmi Cement Limited is a part of the JK Organisation, which has a business legacy of over a century. The company has a wide network of over 400 cement dumps and more than 4000 channel partners. It is recognized for its immaculate quality and services.
JK Lakshmi Cement has three fully-integrated cement plants and four split-location grinding units along with a network of 7,000 channel partners and 400 cement dumps. The total production capacity of the cement brand is 13.3 MTPA.
JK Lakshmi Cement was the first cement company in India to introduce coloured bags. It has a wide product portfolio that includes OPC, PPC, wall putty, construction chemicals, blended cement, composite cement, ready mix concrete, gypsum plaster and AAC Blocks.
Conclusion
Expanding demand for cement and associated products from different sectors like industrial construction, commercial construction and housing have made it possible for the demand in India to touch 550 MT in recent years. The future outlook of the cement industry looks bright as most of the top cement companies in India are amongst the greenest cement manufacturers in the world.
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