Top 10 Cement Companies In India

Which Is Best Cement Company In India?

There are some common questions of normal people, which cement company should be best for construction when it comes to building a home or building your own house.

Most people utilize cement at the suggestion of the builder (Mistri) in some local language, but most of us don’t believe and expect to know which is the best cement in India, as cement is one of the most valuable elements that is utilized for build a home.

When we construct the home, we predict it to stay for a long time in decent condition, at least 3 to 4 generations or more.

It is a different investment and nobody expects to compromise the quality of the cement that’s why it is becoming more important to select a decent quality cement company in India.

India is the second-largest cement creator in the world, after China, and has the capacity to generate around 151.2 million tons of cement, India becomes home to various of the best and best cement companies.

There are nearly 185 large cement plants in India and 77 located in Andhra Pradesh, Rajasthan, and Tamilnadu.

Top 10 Cement Companies In India

The following are the top cement companies in India 2023,

1. UltraTech Cement
2. Ambuja Cement
3. ACC Cement
4. Shree Cement
5. Birla Cement
6. JK Cement
7. Binani Cement
8. Jaypee Cement
9. Dalmia Cement
10. India Cement

1. UltraTech Cement

Ultratech cement leads India’s biggest cement companies. Ultratech is a subsidiary of Grasim industries, and it is owned and operated by Aditya Birla Group.UltraTech Cement Ltd. is the hugest manufacturer of grey cement, Ready Mix Concrete (RMC), and white cement in India.

It is similarly one of the outstanding cement producers globally. The group started its cement company in 1983 and called the brand UltraTech Cement.

This company is established in India’s financial capital Mumbai. It has a worldwide presence, containing Bangladesh, UAE, Srilanka, Bahrain, and India.

UltraTech Cement is a portion of the popular Aditya Birla Group and the hugest cement exporter to various countries in India, with an annual capacity of more than 102.745 million tons.

The hugest cement producer is provided with 20 integrated plants, 26 grinding units seven bulk terminals, and one clinker plant.

They give high-quality cement in categories such as ordinary Portland cement, Portland blast slag cement, and Portland Pozzolana cement.

Maximum branches of UltraTech cement are ISO 9001, ISO 14001, and OHSAS 18001 certified. UltraTech is the major producer of white cement and RMC in India. Ultratech is the hugest among the top 5 cement companies in India.

• Establishment: 1987
• Headquarter: Mumbai
• Production Capacity: 102.75 MTPA
• Market Cap:211,716 Cr.
• Stock P/E: 38.8
• Divided Yield: 0.18 %
• ROSE: 16.2 %
• ROE: 13.4 %

Sr. No	Features	Value
1	Establishment	1987
2	Headquarter	Mumbai
3	Production Capacity  (MTPA)	102.75 MTPA
4	Market Cap	211,716 Cr.
5	Revenue In 2018, 2019, 2020 (In Cr.)	30978, 41608, 42124
6	Price  (In Rs. Per Bag)	340/- per Bag
7	Website	www.ultratechcement.com
8	Stock P/E	38.8
9	Divided Yield	0.18 %
10	ROCE	16.2 %
11	ROE	13.4 %
12	BSE Scrip Code	532538
13	NSE Scrip Cod	ULTRACEMCO

2. Ambuja Cement

Ambuja Cements Limited (Earlier Gujarat Ambuja Cement Limited) is an Indian cement manufacturing giant operating in the Indian cement industry for over 30 years presently.

Established in 1983, Ambuja cement is headquartered in Mumbai, Maharashtra. In 2006, the administrative controls of Ambuja Cements were purchased by Global cement conglomerate Holcim from Switzerland.

Very limited people know that, in the beginning, it was remembered as Gujarat Ambuja Cement Ltd and has an annual turnover of more than 27 million tons. Indeed, Ambuja Cement gives a high quality of cement generated by its advanced techniques and equipment.

They have similarly won various awards for their cement quality, in addition to following environmental safety measures, and stand out as one of the largest profitable and innovative cement companies in India.

They are established in Mumbai, instead of having a generation facility in various states of India, some of them are Gujarat, West Bengal, Maharashtra, Himachal Pradesh, Rajasthan, and Chhattisgarh.

• Establishment: 1983
• Headquarter: Mumbai
• Production Capacity:29.65 MTPA
• Market Cap:76,060.14 Cr.
• Stock P/E: 26.6
• Divided Yield: 4.70 %
• ROCE: 18.3 %
• ROE: 10.5 %

Sr. No	Features	Value
1	Establishment	1983
2	Headquarter	Mumbai
3	Production Capacity  (MTPA)	29.65 MTPA
4	Market Cap	76,060.14 Cr.
5	Revenue In 2018, 2019, 2020 (In Cr.)	23608, 27103, 24516
6	Price  (In Rs. Per Bag)	327/- per Bag
7	Website	www.ambujacement.com
8	Stock P/E:	26.6
9	Divided Yield	4.70
10	ROCE	18.3 %
11	ROE	10.5 %
12	BSE Scrip Code	500425
13	NSE Scrip cod	AMBUJACEM

3. ACC Cement

ACC (Associate Cement Companies Limited) is one of the top cement manufactories in India. It was organized in 1936 and is headquartered in Mumbai.

The Associated Cement Companies Limited is an association of companies like FE Dinshaw, Killick Nixon, Khataus, and Tata. There are 17 unique cement manufacturing facilities across the country that belong to ACC.

It is the first cement maker to contain environmental protection as a commitment. The company has 12 manufacturing units in India and generates high-quality cement generated utilizing advanced technology.

• Establishment: 1983
• Headquarters: Mumbai, Maharashtra
• Production Capacity: 33.41 MTPA
• Market Cap:39,982.73 Cr.
• Stock P/E: 22.3
• Divided Yield: 0.66 %
• ROCE: 16.0 %
• ROE: 12.8 %

ACC Cement

Sr. No	Features	Value
1	Establishment	1983
2	Headquarter	Mumbai, Maharashtra
3	Production Capacity  (MTPA)	33.41
4	Market Cap	39,982.73
5	Revenue In 2018, 2019, 2020 (In Cr.)	2222, 2522, 2421
6	Price  (In Rs. Per Bag)	328/- rupees per Bag
7	Website	www.acclimited.com
8	Stock P/E	22.3
9	Divided Yield	0.66 %
10	ROCE	16.0 %
11	ROE	12.8 %
12	BSE Scrip Code	500410
13	NSE Scrip Code	ACC

4. Shree Cement

Shree Cement is the third-largest cement manufacturer in India, established in 1979 in Ajmer Rajasthan. Presently the company has changed its headquarters to Kolkata.

The company has its cement manufacturing units in Chhattisgarh, Bihar, Uttar Pradesh, Uttarakhand, Haryana, and Rajasthan.

The rate of cement is relatively affordable, which attracts the user and, in terms of quality, it is similarly decent, in addition, it can be discussed with the builder of your house.

Shree Cement Ltd is the Fourth of the Top Companies in Cement in terms of sales. Integrated in 1979 by the renowned Bangur family established out of Kolkata.

Establish the first Cement Plant in 1985 with an installed capacity of 0.6 Mtpa. In recent times, the total Cement Capacity of the Company is 29.30 Million tons.

• Establishment: 1970
• Headquarters: Kolkata, India
• Production Capacity: 37.90 MTPA
• Market Cap:101,354.61 Cr.
• Stock P/E: 44.4
• Divided Yield: 0.21 %
• ROCE: 19.4 %
• ROE: 16.0 %

Sr. No	Features	Value
1	Establishment	1970
2	Headquarter	Kolkata, India
3	Production Capacity  (MTPA)	37.90
4	Market Cap	101,354.61
5	Revenue In 2018, 2019, 2020 (In Cr.)	9833, 12554, 12868
6	Price  (In Rs. Per Bag)	320/- per Bag
7	Website
8	Stock P/E:	44.4
9	Divided Yield	0.21 %
10	ROCE	19.4 %
11	ROE	16.0 %
12	BSE Scrip Code	500387
13	NSE Scrip cod	SHREECEM

5. Birla Cement

Birla Corporation is one of the prominent cement companies in India in recent times. It is a subsidiary of the Indian multinational MP Birla association that was organized in 1857. The cement generating entity was started in 1918.

The giant cement maker Birla is one of the hugest producers of cement commodities under the cement brands Birla Khajuraho, Birla Cement Samarat, and Birla Cement.

Birla Samrat Cement is excellent for mass concrete, RCC / prefabricated structure, considerable water tightness of concrete, and incredible resistance to the reaction of alkalis and sulfated soils.

Birla cement obtained the National Lal Bahadur Shastri Memorial Award, outstanding execution of pollution control, as well as an ISO 14001 certificate. Mr. Harsh V.

Lodha is presently Chairman of the Company. It is sixth on the list of the top 10 cement companies in India.

• Establishment: 1996
• Headquarter: Mumbai
• Production Capacity: 15.5 MTPA
• Market Cap: 10,357.00 Cr.
• Stock P/E: 15.2
• Divided Yield: 0.56 %
• ROCE: 11.7 %
• ROE: 13.2 %

6. JK Cement

JK Cement began in 1975 with its first-generation plant in Rajasthan. JK Cement has an in-house team of talented and experienced people who work to distribute high-quality cement.

But presently it currently has various units across India, giving cement to all Indian consumers gaining the Indian consumer’s trust, and staying in 5th position.

J. K. Cement Company is greatly in the manufacturing and distribution of cement as well as cement-based commodities.

• Establishment: 1975
• Headquarter: Mumbai
• Production Capacity: 14.7 MTPA
• Market Cap:24,429.52 Cr.
• Stock P/E: 34.4
• Divided Yield: 0.47 %
• ROCE: 19.7 %
• ROE: 21.0 %

The company was established by LalaKamlapat Singhania. The Company is the second-largest manufacturer of white cement and wall putty in India.

Read More: What Is 53 Grade Cement | Difference between 33, 43, and 53 Grade Cement

7. Binani Cement

Binani Cement was organized in 1996 and headquartered in Mumbai run under the management of MR Vinod Juneja, management director of the company.

Binani Cement Limited is comprised of the generation and sales of cement and clinker based in Mumbai, Maharashtra, India. It is the major subsidiary of Binani Industries Ltd.

Binani cement company is approved as IS09001, IS014001, and OHSAS18001. The Company’s secondary comprised Krishna Holdings Pte Limited, Muku, Dubai (BCFLLC).

The Binani Cement Company has just one integrated plant placed in China, manufacturing PPC cement in 33 grades and 43 grades. Binani Cement maintains a powerful position in the manufacturing and sales of clinkers and cement.

The Binani Cement Company has an outstanding status among the numbers of brands and considerable market share in north India and the western.

• Establishment: 1996
• Headquarter: Mumbai
• Production Capacity: 11.25 MTPA
• Divided Yield: 0.47 %
• ROCE: 0.60 %
• ROE: -49.2 %

8. Jaypee Cement

Jaypee Group is an Indian assorted based in Noida, India. Jaypee Cement has been established by Jaiprakash Gaur, who is involved in a well-diversified infrastructure assorted with business interests in areas such as design and construction, energy, cement, education (non-profit), real estate, expressways, information technology, sports, and the hotel business.

The group’s cement plants are placed in the Satna Cluster (M.P.), which has one of the fastest-growing cement generations in India.

The group generates an outstanding blend of Portland cement Pozzolana Cement under the brand title Jaypee Cement (PPC).

• Establishment: 1979
• Headquarters: Noida Uttar Pradesh
• Production Capacity: 33.80 MTPA

9. Dalmia Cement

Dalmia Cement was established by the well-known industrial JaidayalDalmia, Dalmia Cement is the eighth hugest cement company in India by installed capacity.

Dalmia Bharat Ltd is Fifth among all of the Top 10 Companies in Cement by entire revenue. The Company possesses cement-generating plants in the southern states of Tamil Nadu and Andhra Pradesh (Kadapa), with a capability of 9 million tonnes per annum.

The company gives consumers a wide variety of cement commodities under the brand’s Dalmia Cement, Konark Cement, and Dalmia DSP. It possesses 13 clinker plants and units across the country and is the hugest producer of slag cement in India.

Dalmia is available in 22 states, especially in the east, northeast, and southeast of India. He is similarly widely known as the hugest producer of particular cement products, with cement available for Oilwell, Airstrips, and Rail Sleepers.

Dalmia Bharat Group is committed to cement, sugar, thermal energy, and different businesses. Its subsidiaries contain Avnija Properties Ltd and DCB Power Ventures Ltd.

The Group originates from Dalmia Cement (Bharat) Limited, organized in 1939. Afterward, the sector of the Dalmia-Jain Group was governed by Jaidayal and after that by his sons Jai Hari Dalmia and Yadu Hari Dalmia, and presently by his sons Gautam Dalmia. and Puneet Dalmia.

• Establishment: 1939
• Headquarters: New Delhi
• Production Capacity: 26.5 MTPA
• Market Cap: 42,146.35 Cr.
• Stock P/E: 34.2
• Divided Yield: 0.09 %
• ROCE: 10.6 %
• ROE: 10.6 %

10. India Cement

India Cements Limited is a cement-generating company in India. The company is chaired by the prior President of the ICC, N. Srinivasan.

It was started in 1946 by the SNN Sankaralinga layer and the major plant was started in Thalaiyuthu in Tamil Nadu in 1949.

It possesses a total of 7 integrated cement manufacturers in Andhra Pradesh, Telangana, and, Tamil Nadu one in Rajasthan (through its subsidiary, Trinetra Cement Ltd), and two grinding units, one in Tamil Nadu and Maharashtra, with a capability of 15.5 million tonnes per year.

• Establishment: 1946
• Headquarters: Chennai, Tamilnadu
• Production Capacity: 14.0 MTPA
• Market Cap: 5,956.22 Cr.
• Stock P/E: 28.8
• Divided Yield: 0.31 %
• ROCE: 6.75 %
• ROE: 3.70 %

Top 10 Best Cement In India As Per Market Cap

Sr. No	Cement Company	Market Cap In Cr.
1	UltraTech Cement	211,716.00
2	Shree Cement	101,354.61
3	Ambuja Cement	76,060.14
4	Dalmia Cement	42,146.35
5	ACC Cement	39,982.73
6	Ramco Cement	26,545.87
7	J.K. Cement	24,429.52
8	JK Lakshmi Cement	7,719.16
9	Heidelberg Cement	5,963.32
10	India Cement	5,956.22

Top 10 Cement Companies In India As Per Production

Sr. No.	Cement Company	Production Capacity (MTPA)
1	UltraTech Cement	102.75
2	Shree Cement	37.90
3	Jaypee Cement	33.80
4	ACC Cement	33.41
5	Ambuja Cement	29.65
6	Dalmia Bharat Cement	26.5
7	Ramco Cement	16.45
8	Birla Cement	15.5
9	J.K. Cement	14.7
10	India Cement	14

List Of Cement Brands In India

There are some cement brands in India as follows,

1. ACC Cement
2. Ambuja Cement
3. Andhra Cement
4. Anjani Cement
5. Barak Vally Cement
6. Burnpur Cement
7. Dalmia Bharat Cement
8. Deccan Cement
9. Everest Industries Cement
10. GujSidhee Cement
11. Heidelberg Cement
12. India Cement
13. J.K. Cement
14. Jaiprakash Associates Cement
15. JK Lakshmi Cement
16. Kakatiya Cement
17. Katwa Udyog Cement
18. KCP Cement
19. Keerthi Industries Cement
20. Mangalam Cement
21. NCL Industries Cement
22. Niraj Cement
23. Orient Cement
24. Ramco Cement
25. Sagar Cement
26. Sahyadri Industries Cement
27. Sanghi Industries Cement
28. Saurashtra Cement
29. Shiva Cement
30. Shree Cement
31. Shree Digvijay Cement Star Cement
32. Udaipur Cement
33. UltraTech Cement
34. Visaka Industries Cement

Top 10 Cement Companies Revenue in India

The revenue comparison of the different cement companies in 2019, 2020, 2021, 2022 is as follows,

Sr. No.	Cement Company in India	Revenue In 2019	Revenue In 2020	Revenue In 2021	Revenue In 2022
1	UltraTech Cement	25374 Cr.	30978 Cr.	41608 Cr.	42124 Cr.
2	Shree Cement	8594 Cr.	9833 Cr.	12554 Cr.	12868 Cr.
3	Orient Cement Ltd	1874 Cr.	2222 Cr.	2522 Cr.	2421 Cr.
4	ACC Cement	13285 Cr.	14801 Cr.	15657 Cr.	13785 Cr.
5	Ambuja Cement	23608 Cr.	26040 Cr.	27103 Cr.	24516 Cr.
6	Dalmia Bharat Cement	7447 Cr.	8580 Cr.	9484 Cr.	9674 Cr.
7	Ramco Cement	3967 Cr.	4423 Cr.	5162 Cr.	5389 Cr.
8	Birla Cement	4347 Cr.	5734 Cr.	6548 Cr.	6915 Cr.
9	J.K. Cement	4654 Cr.	4853 Cr.	5258 Cr.	5801 Cr.
10	India Cement	5860 Cr.	5432 Cr.	5770 Cr.	5186 Cr.

Top 5 Cement Brand Rates

Rank	Best Cement brand	Rate
1	UltraTech Cement	340/- rupees per Bag
2	ACC Cement	328/- rupees per Bag
3	Ambuja Cement	327/- rupees per Bag
4	JK Cement	367/- rupees per Bag
5	Jk Lakshmi Cement	325/- rupees per Bag

29 Top Cement Companies In India As Per Rate

Cement Company	Rate
UltraTech Cement	340/- per Bag
Shree Cement	320/- per Bag
Ambuja Cement	327/- per Bag
ACC Cement	328/- per Bag
Ramco Cement	355/- per Bag
Dalmia Cement	295/- per Bag
JK Cement	367/- per Bag
Heidelberg Cement	330/- per Bag
India Cement	328/- per Bag
Star Cement	410/– per Bag
Jk Lakshmi Cement	325/- per Bag
Sagar Cement	350/- per Bag
Orient Cement	350/- per Bag
Jaiprakash Cement	325/- per Bag
KCP Cement	310/- per Bag
Sanghi Industries Cement	325/- per Bag
Visaka Industries Cement	365/- per Bag
NCL Industries Cement	305/- per Bag
Anjani Cement	342/- per Bag
Mangalam Cement	300/– per Bag
Deccan Cement	320/- per Bag
Everest Industries Cement	335/- per Bag
Saurashtra Cement	352/- per Bag
GujSidhee Cement	345/- per Bag
Shiva Cement	360/– per Bag
Andhra Cement	390/- per Bag
Kakatiya Cement	340/- per Bag
Barak Vally Cement	420/- per Bag
Burnpur Cement	320/- per Bag

Read More: 10 Best Steel for House Construction | TMT vs TMX | Best Steel Brand for House Construction In India

Summary Table of the best Cement Stocks to buy now in India

Sr. No	Company Name	BSE Scrip Code	NSE Scrip cod	CMP (as of 9th Feb)
1	UltraTech Cement	532538	ULTRACEMCO	6352.20
2	Shree Cements	500387	SHREECEM	26,175.90
3	Ambuja Cements	500425	AMBUJACEM	271.20
4	ACC	500410	ACC	1,723.40
5	Ramco Cements	500260	RAMCOCEM	871.10
6	Dalmia Bharat	542216	DALBHARAT	1,238.80
7	JK Cement	532644	JKCEMENT	2,237.05
8	Birla Corporation	500335	BIRLACORPN	830.08
9	Heidelberg Cement	500292	HEIDELBERG	239.10
10	India Cements	530005	INDIACEM	171.30
11	Star Cement	540575	STARCEMENT	101.40
12	JK Lakshmi Cement	500380	JKLAKSHMI	350.20
13	Orient Cement	535754	ORIENTCEM	92.50
14	Sagar Cement	502090	SAGCEM	689.60
15	Shree Digvijay	502180	SHRDIGCEM	58.80
16	KCP	590066	KCP	78.90
17	Mangalam Cement	502157	MANGLMCEM	250.70

Cement Company in India Website as Below

Sr No.	All Cement Companies in India	Website list
1	UltraTech Cement	www.ultratechcement.com
2	Shree Cement	www.shreecement.com
3	Ambuja Cement	www.ambujacement.com
4	ACC Cement	www.acclimited.com
5	Ramco Cement	www.ramcocements.in
6	Dalmia Bharat	www.dalmiabharat.com
7	J. K. Cement	www.jkcement.com
8	Heidelberg Cement	www.heidelbergcement.com
9	India Cement	www.indiacements.co.in
10	Star Cement	www.starcement.co.in

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