UltraTech Cement Limited Overview
Pro stress-test →UltraTech Cement Limited is an Indian multinational cement company based in Mumbai and the largest manufacturer of grey cement, ready-mix concrete, and white cement in India, and the fifth largest in the world. The company serves India's construction boom with diversified cement products and building solutions for residential, commercial, and infrastructure segments.
Strategic Profile
Pro stress-test →UltraTech is the 3rd largest cement company in the world (excluding China) and holds 28% of India's grey cement capacity. The company recently acquired a majority stake in India Cements in December 2024 for ₹7,096.35 crore, strengthening its market consolidation strategy in a fragmented Indian cement market.
Competitive Landscape
Pro stress-test →UltraTech is the 3rd largest cement company globally (excluding China) with dominant 28% share of India's grey cement capacity. Key competitors include Ambuja Cements, ACC, India Cements (now majority-owned), and Dalmia Bharat. The Indian cement market is fragmented with UltraTech's recent acquisition signaling consolidation momentum. International peers include LafargeHolcim and Heidelberg Cement.
Industry Context
UltraTech Cement Limited operates in Cement Manufacturing & Construction Materials.
Key facts
Founded: 1983 · Headquarters: Mumbai, India · Employees: 25,684 · Revenue: $9.1B · Market cap: $43.7B