India is ranked as the world’s second-largest cement manufacturer. The cement industry has significant interdependence with the economy of a developing country like India. In 1982, India successfully won many investments from various parts of the world, and the cement industry has become a vital part of Indian economic growth. Hence a significant percentage of employment entirely relied upon this potential industry.
In our total cement production, 97 percent of cement is manufactured in 188 large plants located across the country and rest 3 percent in smaller plants. The 77 plants out of 188 large plants are located in Rajasthan, Tamil Nadu, and Andra Pradesh alone.
Many leading manufacturing companies rule the Indian Cement Industry.
Here is the list of some of the leading cement companies in India who are masters in this sector:
UltraTech Cement
The most prominent cement and concrete manufacturer with more than 100 million capacity in manufacturing countries. UltraTech Cement is counted among the biggest cement manufacturer in India. UltraTech is a Mumbai-based company and has the highest market capitalization in India. They are well-known for their one-stop-shop solution, which is known as UltraTech Building Solutions.
Market Cap (Rs Cr.): 114,671.14
Book Value (Rs): 1325.61
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): 23,166.23
Profit and loss (in Rs. Cr.):
- March 2020: 5,811.69
- March 2019: 2,399.84
- March 2018: 2,224.59
- March 2017: 2,713.49
Ambuja Cement
This is one of India’s leading cement companies for more than 30 years in the industry now. They are known for their climate control and sustainable home building solutions. Ambuja Cement is previously known in the market as Gujarat Ambuja Cement Limited. In 2008, the company adopted a Zero-Harm policy to avoid Occupational Hazards. It also won the best Environmental Excellence award in 2009.
Market Cap (Rs Cr.): 42,472.95
Book Value (Rs): 111.83
Face Value (RS): 2.00
Turnover (Rs. In Lakhs): 5,498.52
Profit and loss (in Rs. Cr.):
- March 2020: 2,763.19
- March 2019: 2,960.16
- March 2018: 1,932.11
- March 2017: 1,422.76
J K Lakshmi Cement
J K Lakshmi is a member of the business pioneer J K Organisation. They have more than 7000 dealers across India and are known for their highest quality standards. They comply with the famous “Make in India” campaign to support the nation’s economy.
Market Cap (Rs Cr.): 3,125.91
Book Value (Rs): 145.55
Face Value (RS): 5.00
Turnover (Rs. In Lakhs): 5701413
Profit and loss (in Rs. Cr.):
- March 2020: 252.97
- March 2019: 40.66
- March 2018: 43.40
- March 2017: 87.30
ACC Limited
ACC (Associate Cement Company) Limited provides services for more than 80 years and one of the leading manufacturers for Indian construction materials. They have more than 17 cement plants and nine captive power plants. They continuously strive for its sustainable development strategy. This is the first Indian cement company that adheres to environmental protection and follow as its company goals.
Market Cap (Rs Cr.): 25,118.42
Book Value (Rs): 613.52
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): 9,254.75
Profit and loss (in Rs. Cr.):
- March 2020: 1,363.52
- March 2019: 1,510.30
- March 2018: 913.59
- March 2017: 595.72
Ramco Cement
This is a Chennai based company established in 1950. Ramco is one of the most popular brands in South India and the fifth largest cement producer in India. Their main product is Portland cement. They have five cement plants and five grinding plants. Ramco also runs one of the largest wind farms in India.
Market Cap (Rs Cr.): 16,490.37
Book Value (Rs): 207.87
Face Value (RS): 1.00
Turnover (Rs. In Lakhs): 1,598.91
Profit and loss (in Rs. Cr.):
- March 2020: 604.39
- March 2019: 507.46
- March 2018: 560.22
- March 2017: 654.21
Shree Cements
The origin of Shree Cement is in Rajasthan and now headquartered in Kolkata. This is an employee and an environmentally friendly company continuously strive for sustainability. Shree Cement is one of the well-known cement manufacturers in the Northern part of India.
Market Cap (Rs Cr.): 73,990.25
Book Value (Rs): 3585.41
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): 6,697.34
Profit and loss (in Rs. Lakh.):
- March 2020: 1,544.06
- March 2019: 1,015.05
- March 2018: 1,384.15
- March 2017: 1,339.08
Prism Cement
Prime Cement is established in 1997 and further developed by the Rajan Raheja group. It is the largest cement plant, located in Satna. Today, the production capacity of Prism Cement is 7 million tonnes. Prism Cement has a variety of products catering to the demands of various customers’ requirements. Prime Champion Plus and Prime Champion Cement are the potential brands in the cement category.
Market Cap (Rs Cr.): 2,582.22
Book Value (Rs): 22.32
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): –
Profit and loss (in Rs. Cr.):
- March 2020: -27.92
- March 2019: 105.19
- March 2018: 51.80
- March 2017: 12.76
India Cements
India Cement was established in 1946 and led by N Srinivasan, the International Cricket Council Chairman. Its first plant was built in Tamil Nadu, and now it has grown to a total of 10 plants. The total yearly capacity of India Cement has increased from 1.3 million tonnes to 15.5 million tonnes.
Market Cap (Rs Cr.): 3,568.47
Book Value (Rs): 174.73
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): –
Profit and loss (in Rs. Cr.):
- March 2020: 53.46
- March 2019: 25.26
- March 2018: 70.50
- March 2017: 157.55
Birla Cement
Birla Cement has been associated with Birla Corporation, and its core business is cement manufacturing. They have ten plants in 7 locations. They have taken over 100 percent share from Reliance Cement. The manufacturing capacity per year is 15.5 million tonnes.
Market Cap (Rs Cr.): 4,722.35
Book Value (Rs): 564.69
Face Value (RS): 10.00
Turnover (Rs. In Lakhs): –
Profit and loss (in Rs. Cr.):
- March 2020: 505.18
- March 2019: 255.70
- March 2018: 153.95
- March 2017: 219.47
Binani Cement
Binani Cement is one of the reputed cement manufacturing company based in Mumbai. It was established in 1998 and has grown now with a global manufacturing capacity of 11.25 million tonnes. Binani set foot in the worldwide market in the 1950s, and now its global presence covers Asia, North America, Middle East, and Europe.
Market Cap (Rs Cr.): 1,706.84
Book Value (Rs): –
Face Value (RS): –
Turnover (Rs. In Lakhs): –
Profit and loss (in Rs. Cr.): Data Not Available
List of Top Cement Companies in India
| Sl. No. | Company | Establishment | Head office | Employee | Website |
| 1 | UltraTech Cement | 1983 | Mumbai | 22,000 | https://www.ultratechcement.com/. |
| 2 | Ambuja Cement | 1983 | Mumbai | 115,000 | https://www.ambujacement.com/. |
| 3 | J K Lakshmi Cement | 1938 | Sirohi, RJ | 1,757 | https://www.jklakshmicement.com/. |
| 4 | ACC Limited | 1936 | Mumbai | 10,000 | https://www.acclimited.com/. |
| 5 | Ramco Cement | 1961 | Chennai | 3,393 | http://ramcocements.in/ |
| 6 | Shree Cements | 1979 | Kolkata | 5001-10,000 | https://www.shreecement.com/ |
| 7 | Prism Cement | 1992 | Hyderabad | 5,443 | https://www.prismcement.com/ |
| 8 | India Cements | 1946 | Chennai | 3000 | https://www.indiacements.co.in/ |
| 9 | Birla Cement | 1910 | Kolkata | 120,000 | https://www.birlacorporation.com |
| 10 | Binani Cement | 1996 | Mumbai | 10,000 | http://binaniindustries.com/ |
The cement industry has transformed as the primary contributor to the Indian economic growth and employment sector. The demand for cement manufacturing is growing every year in various segments. Apart from the residential, industrial, and commercial sectors, there has been a steadily high demand from the infrastructure sector. The government is targeting more on the Infrastructure sector for the future development of the county. Looking at the steady growth in this sector, India will become the leader in exporting cement to various parts of the world in the coming years.
