Top 10 Cement Companies Brand in India (2021)

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Top Cement Companies brands in India (Infographic)

Before we look into the top 10 cement companies in India, let’s take a peek into the history of cement and its wide usage. We shall also share with you the reasons why cement is so popular these days.

Cement in its present form was invented 188 years ago. It was Joseph Aspdin of England who was the first one to patent the manufacture of a certain type of cement-like material he had improvised in 1824. The hardened paste of cement looked like a natural stone found in Portland, England. Hence, it was named Portland cement.

Cement became increasingly popular and soon replaced clay and lime as the most popular binding material in construction as it’s the strongest binder. One now finds the use of cement in many construction items like reinforced concrete, plain concrete, plaster, paints, grouts, mortar, and precast elements.

Why is Cement So Popular and Widely Used?

We have listed below, some of the reasons why the use of cement has become increasingly popular over the years.

  • It’s easy to produce large quantities of cement under control. Packing and transportation of cement is easy too.
  • As a binding material, it’s far stronger than clay and lime.
  • It’s easy to use as it can be mixed with all materials that are locally available at the site.
  • It starts setting and hardening very fast after being mixed with water. Other binding materials need much more time.
Top Cement Companies brands in India (Infographic)

Top Cement Companies brands in India as of 2021 (Infographic)

So you now know why the use of cement in construction is so popular and important. Now let’s talk about the Indian cement industry. Believe it or not but India is counted among the 2nd largest cement producer in the entire world today. It employs 20,000+ people directory across various downstream sectors. The cement industry is predicted to reach a production capacity of 550-600 million tonnes per annum by 2025.

Top 10 Cement Companies in India

Now, without any further ado, we bring you the top 10 cement brands in India.

1. Ultratech Cement

Among our list, the Ultratech Cement is holding the 1st and largest producer of grey cement in India. It’s owned by the Aditya Birla Group and is a subsidiary of Grasim Industries. It also produces white cement and ready mix concrete. Ultratech is also one of the world’s leading cement manufacturers. The company produces 102.75 MTPA of grey cement in its 20 integrated plants.

It has its operations spreading far and wide across UAE, Bahrain, Bangladesh, Sri Lanka, and of course, India. Ultratech is also India’s largest cement exporter with its market spread across countries in the Indian Ocean and the Middle East. It employs as many as 1,20,000 people of diverse nationalities spread across 36 locations. It’s also a large producer of white cement and it’s sold in the market under the brand name Birla White.

  • Market Cap: Rs 121,165.23 Crore
  • P/E: 24.2
  • Book Value: Rs. 1325.61
  • Face Value: Rs. 10.00
  • The dividend (%): 130.00

2. Ambuja Cement

A part of the giant conglomerate LafargeHolcim, Ambuja Cement is India’s second-largest cement producer in terms of turnover. Ambuja Cement is also involved in home-building projects and has always maintained operating practices that are environment-friendly right from its inception. Ambuja Cement’s market capital is of Rs. 39,187 Crores.

Ambuja Cement’s current production capacity is 30 million tonnes approx. With five integrated plants and eight cement grinding units, Ambuja Cement produces quality cement. Producing cement of the finest quality, Ambuja Cement gets 7.4% of its power from renewable sources. This sets the company apart from its competitors.

  • Market Cap: Rs 44,726.66 Crores
  • P/E: 28.99
  • Book Value: Rs. 111.83
  • Face Value: Rs. 2.00
  • The dividend (%): 75.00

3. ACC Limited

With 17 state-of-the-art factories and 75 ready-mix concrete plants, ACC Limited is a leading manufacturer of cement in India. It has an employee strength of 6,700 and reaches its customers through a vast network of more than 50,000 dealers and retailers. It also has its sales offices spread all across the country.

ACC is behind the construction of landmark projects in India like the Bhakra Nangal Dam in 1960 and the Mumbai-Pune expressway. Ever since it was founded in 1936, ACC has been a manufacturer of premium quality cement. The company’s management control was acquired by the Swiss cement giant, Holcim in 2004. It has an employee strength of 10,000 and has 20 locations of operations.

  • Market Cap: Rs 26,688.33 Crores
  • P/E: 23.08
  • Book Value: Rs. 613.52
  • Face Value: Rs. 10.00
  • The dividend (%): 140.00

4. Shree Cement

Shree Cement comes in at number 4 in the ranking of the top cement manufacturer in India. It was incorporated in 1979 by the Bangur family and is a Kolkata based firm. The company has come a long way after it set up its first plant in 1985 with a capacity of 0.6 MPTA. Today Shree Cement has a total production capacity of 29.30 million tonnes. It has captured a market share of 7%.

The company’s now listed both on the National Stock Exchange and the Bombay Stock Exchange. It launched its first public issue back in 1984. In 1985, the company had an employee strength of just 100. Today Shree Cement employs as many as 6,299 people. The company has a revenue of Rs. 12,555 crores and a market capital of 64,420 crores.

  • Market Cap: Rs 80,882.39 Crores
  • P/E: 51.2
  • Book Value: Rs. 3558.41
  • Face Value: Rs. 10.00
  • The dividend (%): 1100.00

5. Dalmia Bharat Limited

Dalmia Bharat ranks fifth in the list in terms of total revenue. The company has an annual production capacity of 9 million tonnes. It has its manufacturing plants in the south, Dalmiapuram, and Ariyalur in Tamil Nadu, and Kadapa in Andhra Pradesh. It has a total revenue of Rs. 9,642 crores and employs 5,634 people.

Founded in 1939, Dalmia Cement has remained a big player in the industry ever since its inception. It has a significant market share of 5.5% and has expertise in manufacturing super-specialty cement used in oil rigs, airstrips, and railway sleepers. They also hold a share of 74% in OCL India Ltd. making it one of the leaders in the cement industry in the east. The group has a capacity of 25 million tonnes today that can be expanded.

  • Market Cap: Rs 14,502.36 Crores
  • P/E: 108.16
  • Book Value: Rs. 407.17
  • Face Value: Rs. 2.00
  • The dividend (%): 100.00

6. Birla Corporation Limited

This is the M.P. Birla Group’s flagship company. The project was personally nurtured by Mr. Madhav Prasad Birla himself and the company was incorporated as the Birla Jute Manufacturing Company in 1919. The company was soon transformed from a manufacturer of jute goods to a leading corporation producing multiple products. It has a revenue of Rs. 6,778 crores and employs 5,776 people.

The company showed phenomenal growth under the chairmanship of Mrs. Priyamvada Birla and crossv the turnover Rs. 1,300 crores. Today the company produces cement primarily while still remaining a key player in the jute goods industry. It has also acquired 100% shares of Reliance Cement. This has taken the company’s total production capacity up to 15.5 MTPA from 10 MTPA.

7. India Cements Limited

India Cements was founded in the year 1946 by the visionary S.N.N. Sankaralinga Iyer and the first plant was set up in Thalaiyuthu, Tamil Nadu in 1949. The vision was to build an industrialized India with a glorious future. The company has grown phenomenally from just two plants in 1989 with a total production capacity of just 1.3 million tonnes to 15.5 million tonnes in just the next two decades.

Today, India Cements has 8 integrated cement plants that is spread across different states in India like  in Tamil Nadu, Andhra Pradesh, Telengana, and Rajasthan. It also has two grinding units, one in Maharashtra and the other one in Tamil Nadu. They own the brands Sankar Cement, Raasi Gold, and Coromandel Cement.

  • Market Cap: Rs 3,655.24 Crores
  • P/E: –
  • Book Value: Rs. 174.73
  • Face Value: Rs. 10.00
  • The dividend (%): 6.00

8. The Ramco Cements Limited

The Ramco Group has its headquarters in Chennai and is a reputed business group in south India. Ramco Cements is its flagship company.  It has a total revenue of Rs. 5,310 crores and an employee strength of 3,034. Its market share is 3%. It’s the leading cement brand in South India. The company is also a producer of ready mix concrete and dry mortar.

The company’s main product is Portland cement. It also manufactures blast furnace slag cement, white cement, and Pozzolana cement. Its current production capacity is 16.50 MTPA (approx).

  • Market Cap: Rs 17,145.28 Crores
  • P/E: 33.16
  • Book Value: Rs. 207.87
  • Face Value: Rs. 1.00
  • The dividend (%): 250.00

9. Orient Cement Limited

Orient Cement was founded in 1979 and it was a part of the Orient Paper and Industries. Following its demerger in 2012, the company has risen fast emerging as one of the fastest-growing cement manufacturers in India. It has a revenue of Rs. 2,570 crores and a production capacity of 8 MTPA.

Production at Orient Cement started in 1982 in Telengana’s Devapur. A split grinding unit came up in Jalgaon, Maharashtra in 1997. It employs 1500 people and has a share of 1.6% in the market. The company’s commercial production is located at Chittapur, Gulbarga, Karnataka.

  •  Market Cap: Rs 3,796.41 Crores
  •  P/E: 19.36
  •  Book Value: Rs. 27.11
  •  Face Value: Rs. 1.00
  •  The dividend (%): 100.00

10. Heidelberg Cement India Ltd

This is a subsidiary of the German cement major Heidelberg Cement Group. The company operates out of Damoh in Madhya Pradesh, Jhansi in Uttar Pradesh and Ahmasandra in Karnataka. It has a revenue of Rs. 2,182 crores and employs 1,100 people. Its market share is 1.1%.

The company’s brownfield expansion in 2013 saw its production rise to 5.4 MTPA. It has a major market share in central India covering the states of Madhya Pradesh and Uttar Pradesh. It also has a significant presence in Bihar, Uttarakhand, and Haryana.

  • Market Cap: Rs 4,445.02 Crores
  • P/E: 18.66
  • Book Value: Rs. 58.01
  • Face Value: Rs. 10.00
  • The dividend (%): 75.00

List of Top 10 Cement Companies in India

Sl. No. Brand Name Head Quarter Establishment Website
1 Ultratech Cement Mumbai 1983
2 Ambuja Cement Mumbai 1983
3 ACC Limited Mumbai 1936
4 Shree Cement Kolkata 1979
5 Dalmia Bharat Limited Delhi 1935
6 Birla Corporation Limited Kolkata 1910
7 India Cements Limited Chennai 1946
8 The Ramco Cements Limited Mylapore 1961
9 Orient Cement Limited Bhubaneshwar 1979
10 Heidelberg Cement India Ltd Gurugram 1958




Our list of the top 10 cement companies in India includes dependable businesses with years of presence in the industry. Each one of them has established itself firmly in the cement industry with a major presence in it. The companies have earned a formidable reputation with their brands ruling the market.

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