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15 Best Cement Companies in India
The Indian cement industry accounts for over 8% of the worldwide installed capacity and is the world's second-largest cement industry. In FY20, cement production reached 329 million tonnes (MT) and is forecasted to reach 381 MT by FY22. Nevertheless, consumption in FY20 stood at 327 MT and is expected to hit 379 MT by FY22. In India, 210 large cement plants and 350 small plants account for a gross installed capacity of over 410 MT. 77 of these 210 major cement plants are located in Andhra Pradesh, Rajasthan, and Tamil Nadu. If you are looking for other Indian Companies dealing in solar panels, read this article on Solar Panel Manufacturers in India. The top 20 cement firms account for approximately 70% of the country's overall production of cement. Below is the list of the largest cement companies in India ranked by Market Capital as of 19 February, 2021. Comprehensive Analysis of the Cement Companies in India Let us have a detailed look at these top cement companies in India. I am sharing these below facts on each company: Let's know about each company one by one. "Tough times do not last but tough companies do." - such is the motto of Aditya Birla Group's UltraTech Cement Limited. Keeping a close watch on the changes in consumer behavior due to COVID-19, the company optimized resource utilization and focused on research and development. Therefore, for FY20, UltraTech recorded net revenue of Rs. 42,125 crores and EBITDA of Rs. 9,930 crores (UltraTech Cement Limited, 2020). Shree Cement Limited believes in sustainable and inclusive growth and has 4 integrated units and 8 grinding units in India. With a net profit of Rs. 1,570 crores in FY20, Shree Cement is helping the government to defeat coronavirus through its Health camps and 24*7 Health Management Centers. Synonymous with the top cement companies in India, Ambuja Cements Limited is a part of the conglomerate LafargeHolcim. The spirit of 'I Can' can be attributed to the company's humongous profits of Rs. 1,529 crores in FY20. All products are manufactured considering Indian Climate Conditions to create a hold in worse climatic conditions. The Associated Cement Companies Limited was formed when the oldest and most respected cement companies in India. ACC is known for its hassle-free building solutions and an innovative approach towards product development. In 2005, the company became part of the Holcim Group of Switzerland. Subsequently, in 2015, Holcim and Lafarge came together and formed LafargeHolcim - the global leader in building materials and solutions. With a net profit of Rs. 1,378 crores in FY19, ACC is known for challenging conventions and delivering promises. The products of Dalmia Bharat Limited are sold in 22 states and union territories, particularly in East, North East, and Southern India, with a selective presence in Uttar Pradesh and Maharashtra. Contributing approximately 7% of India's cement capacity, the company owns 13 cement plants and sells its products via 30,000 dealers and sub-dealers. Dalmia Cement, Dalmia DSP, and Konark Cement are the prime cement brands marketed by Dalmia. It posted a net profit of Rs 238 crore in FY19 and is a category leader in super-specialty cement used for oil well, railway sleepers, and airstrips. Ramco Cements Limited is a member of the Ramco Group and Portland cement is the company's principal product. It has six integrated cement plants located in Tamil Nadu, Andhra Pradesh, and Karnataka along with an upcoming one in the Kurnool District of Andhra Pradesh. Along with a robust IT platform, the company focuses on sustainable development via its 4P bottom line approach - Product, Profit, Planet, and People. They contributed Rs 2.50 crores towards the Tamil Nadu CM relief fund with the onset of the pandemic. JK Cement is part of the multidisciplinary conglomerate of manufacturing firms, J.K. Organization. The firm is one of India's two major producers of White Cement and Wall Putty. They recently expanded the capacity of Brownfield grey cement at Nimbahera, Mangrol, Chittorgarh, Rajasthan. They highlight the importance of evolving together in order to keep ahead of the curve. The company has unveiled the YehPuccaHai campaign as a tribute to the construction workers. More than 2,500 of this organization's workers donated a one-day salary to the PM CARES Fund. Completing 100 years in the industry in 2019, the vision of Birla Corporation Limited is "To be admired for our Performance, Ethics, and Culture". The Cement Division of this group has 10 plants in Madhya Pradesh, Uttar Pradesh, Rajasthan, Maharashtra, and West Bengal. Their product portfolio includes MP Birla Cement Perfect Plus, Samrat Advanced, Ultimate Ultra, Unique, Samrat, Ultimate, Chetak, PSC, and Multicem & Concrecem. Prism Cement a division of Prism Johnson Limited. The company has been cementing relationships with its 99 ready-mix concrete plants. It has a cement manufacturing facility in Satna, Madhya Pradesh which receives technical support from F.L Smidth & Co A.S Denmark. Their premium goods, which are sold through its 3900 cement dealers, include 'Champion Plus' and 'Duratech'. In FY20, the premium product segment contributed 22 percent of the total volumes. HeidelbergCement India is a part of the HeidelbergCement Group which is a global market leader in the fields of cement and concrete. The prime focus of the company is quality and customer satisfaction and operates in Madhya Pradesh, Uttar Pradesh, and Karnataka. They have been building on performance through digitization and automation. MIS collection software enables them to collect real-time data of sales and operations. In addition to that, the automated the Clinker Transport system to do away with human intervention. India Cements Ltd focuses on delivering products keeping in mind fair-trade practices. In addition to the cement sector, India Cements has invested in areas such as shipping, captive power, and coal mining. Sankar Super Power, Coromandel King, and Raasi Gold are the most popular products of this brand. On November 11, 2012, the Indian Postal Department issued a Commemorative Postage Stamp in honor of the founder, Sri T S Narayanaswami. JK Lakshmi Cement Limited firmly believes in tackling uncertainties with their collective, positive and progressive actions that lead to all-round, effective, and superlative performance. They are a well-known name in the Indian Cement industry for three decades and have an annual turnover of over Rs 4000 crores. It has a presence in Northern, Western, and Eastern India's cement markets and integrated cement plants in Rajasthan and Chhattisgarh. With a vision to be the fastest-growing and one of the most competitive cement companies in Eastern India, Star Cement Limited is the biggest producer of cement in North-East India. Their plant is spread across 200 hectares of land in Lumshnong, Meghalaya. Customer Centricity, Quality focus, and a strategic product-mix are the key strength of Orient Cement. They commenced cement production in Adilabad District, Telangana. They serve customers in the states of Maharashtra, Telangana, Andhra Pradesh, Karnataka, and parts of Madhya Pradesh, Tamil Nadu, Kerala, Gujarat, and Chhattisgarh. 'Exhibition vans' is a concept launched by the company to drive customer engagement. In the March of 1981, Mangalam Cement began commercial production with an installed capacity of 4 lakh tonnes per annum. The company produces cement in the 43 and 53 grades of the Birla Group wing and Portland Pozzolana Cement (PPC) and markets it under the brand names Mangalam and Birla Uttam. Mangalam Cement has launched various CSR initiatives like Uttam Shiksha Pahal, Rural Campaign Van, and Udaan. These are the top cement companies in India that are ranked as per Market Value. I tried to put all the required information for each company. I hope you liked this post on cement companies in India. Please comment below for any queries and I will be happy to share them with you.