Best Cement Companies In India

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

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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. NoFeaturesValue
3Production Capacity  (MTPA)102.75 MTPA
4Market Cap211,716 Cr.
5Revenue In 2018, 2019, 2020 (In Cr.)30978, 41608, 42124
6Price  (In Rs. Per Bag)340/- per Bag
8Stock P/E38.8
9Divided Yield0.18 %
10ROCE16.2 %
11ROE13.4 %
12BSE Scrip Code532538

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.

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
Ambuja Cement

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. NoFeaturesValue
3Production Capacity  (MTPA)29.65 MTPA
4Market Cap76,060.14 Cr.
5Revenue In 2018, 2019, 2020 (In Cr.)23608, 27103, 24516
6Price  (In Rs. Per Bag)327/- per Bag
8Stock P/E:26.6
9Divided Yield4.70
10ROCE18.3 %
11ROE10.5 %
12BSE Scrip Code500425

3. ACC Cement

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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. NoFeaturesValue
2HeadquarterMumbai, Maharashtra
3Production Capacity  (MTPA)33.41
4Market Cap39,982.73
5Revenue In 2018, 2019, 2020 (In Cr.)2222, 2522, 2421
6Price  (In Rs. Per Bag)328/- rupees per Bag
8Stock P/E22.3
9Divided Yield0.66 %
10ROCE16.0 %
11ROE12.8 %
12BSE Scrip Code500410
13NSE Scrip CodeACC

4. Shree Cement

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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. NoFeaturesValue
2HeadquarterKolkata, India
3Production Capacity  (MTPA)37.90
4Market Cap101,354.61
5Revenue In 2018, 2019, 2020 (In Cr.)9833, 12554, 12868
6Price  (In Rs. Per Bag)320/- per Bag
8Stock P/E:44.4
9Divided Yield0.21 %
10ROCE19.4 %
11ROE16.0 %
12BSE Scrip Code500387

5. Birla Cement

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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

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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

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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

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
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

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
Top 10 Best Cement In India As Per Market Cap
Sr. NoCement CompanyMarket Cap In Cr.
1UltraTech Cement211,716.00
2Shree Cement101,354.61
3Ambuja Cement76,060.14
4Dalmia Cement42,146.35
5ACC Cement39,982.73
6Ramco Cement26,545.87
7J.K. Cement24,429.52
8JK Lakshmi Cement7,719.16
9Heidelberg Cement5,963.32
10India Cement5,956.22

Top 10 Cement Companies In India As Per Production

10 Best Cement | Top 10 Best Cement In India | Top 10 Cement Companies In India | Which Cement Is Best In India
Top 10 Cement Companies In India As Per Production
Sr. No.Cement CompanyProduction Capacity (MTPA)
1UltraTech Cement102.75
2Shree Cement37.90
3Jaypee Cement33.80
4ACC Cement33.41
5Ambuja Cement29.65
6Dalmia Bharat Cement26.5
7Ramco Cement16.45
8Birla Cement15.5
9J.K. Cement14.7
10India Cement14

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 IndiaRevenue In 2019Revenue In 2020Revenue In 2021Revenue In 2022
1UltraTech Cement25374 Cr.30978 Cr.41608 Cr.42124 Cr.
2Shree Cement8594 Cr.9833 Cr.12554 Cr.12868 Cr.
3Orient Cement Ltd1874 Cr.2222 Cr.2522 Cr.2421 Cr.
4ACC Cement13285 Cr.14801 Cr.15657 Cr.13785 Cr.
5Ambuja Cement23608 Cr.26040 Cr.27103 Cr.24516 Cr.
6Dalmia Bharat Cement7447 Cr.8580 Cr.9484 Cr.9674 Cr.
7Ramco Cement3967 Cr.4423 Cr.5162 Cr.5389 Cr.
8Birla Cement4347 Cr.5734 Cr.6548 Cr.6915 Cr.
9J.K. Cement4654 Cr.4853 Cr.5258 Cr.5801 Cr.
10India Cement5860 Cr.5432 Cr.5770 Cr.5186 Cr.

Top 5 Cement Brand Rates

RankBest Cement brandRate
1UltraTech Cement340/- rupees per Bag
2ACC Cement328/- rupees per Bag
3Ambuja Cement327/- rupees per Bag
4JK Cement367/- rupees per Bag
5Jk Lakshmi Cement325/- rupees per Bag

29 Top Cement Companies In India As Per Rate

Cement CompanyRate
UltraTech Cement340/- per Bag
Shree Cement320/- per Bag
Ambuja Cement327/- per Bag
ACC Cement328/- per Bag
Ramco Cement355/- per Bag
Dalmia Cement295/- per Bag
JK Cement367/- per Bag
Heidelberg Cement330/- per Bag
India Cement328/- per Bag
Star Cement410/ per Bag
Jk Lakshmi Cement325/- per Bag
Sagar Cement350/- per Bag
Orient Cement350/- per Bag
Jaiprakash Cement325/- per Bag
KCP Cement310/- per Bag
Sanghi Industries Cement325/- per Bag
Visaka Industries Cement365/- per Bag
NCL Industries Cement305/- per Bag
Anjani Cement342/- per Bag
Mangalam Cement300/ per Bag
Deccan Cement320/- per Bag
Everest Industries Cement335/- per Bag
Saurashtra Cement352/- per Bag
GujSidhee Cement345/- per Bag
Shiva Cement360/ per Bag
Andhra Cement390/- per Bag
Kakatiya Cement340/- per Bag
Barak Vally Cement420/- per Bag
Burnpur Cement320/- 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. NoCompany NameBSE Scrip CodeNSE Scrip codCMP (as of 9th Feb)
1UltraTech Cement532538ULTRACEMCO6352.20
2Shree Cements500387SHREECEM26,175.90
3Ambuja Cements500425AMBUJACEM271.20
5Ramco Cements500260RAMCOCEM871.10
6Dalmia Bharat542216DALBHARAT1,238.80
7JK Cement532644JKCEMENT2,237.05
8Birla Corporation500335BIRLACORPN830.08
9Heidelberg Cement500292HEIDELBERG239.10
10India Cements530005INDIACEM171.30
11Star Cement540575STARCEMENT101.40
12JK Lakshmi Cement500380JKLAKSHMI350.20
13Orient Cement535754ORIENTCEM92.50
14Sagar Cement502090SAGCEM689.60
15Shree Digvijay502180SHRDIGCEM58.80
17Mangalam Cement502157MANGLMCEM250.70

Cement Company in India Website as Below

Sr No.All Cement Companies in IndiaWebsite list
7J. K.


Top 10 Cement Companies In India

UltraTech Cement
Ambuja Cement
ACC Cement
Shree Cement
Birla Cement
JK Cement
Binani Cement
Jaypee Cement
Dalmia Cement
India Cement

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