UltraTech Cement Limited is the cement flagship company of the Aditya Birla Group. A USD 8.4 billion building solutions powerhouse, UltraTech is the largest manufacturer of grey cement and ready mix concrete (RMC) and one of the largest manufacturers of white cement in India. It is the third largest cement producer in the world, excluding China.
The company stands as a manufacturing giant with remarkable scale. UltraTech is the only cement company globally (outside of China) to have 100+ MTPA of cement manufacturing capacity in a single country. The Company's business operations span UAE, Bahrain, Sri Lanka, and India. UltraTech is the third largest cement company in the world, excluding China, with a consolidated production capacity of 154.86 Million Tonnes Per Annum (MTPA) of grey cement.
UltraTech operates an extensive manufacturing network across multiple countries. UltraTech's manufacturing footprint comprises 24 integrated manufacturing units, one Clinkerisation unit, 33 grinding units, and 8 bulk packaging terminals. With 316 Ready Mix Concrete (RMC) plants in 139 cities, the company has established a comprehensive presence across India's urban centers.
The company's product portfolio is diverse and comprehensive. Its product portfolio includes ordinary portland cement, portland blast furnace slag cement, portland pozzolana cement, portland composite cement, white cement, wall care putty, and white cement-based products. The company also manufactures ready-mix concrete comprising building products and specialty concrete such as autoclaved aerated concrete blocks, grouting solutions, jointing mortars, plastering solutions, and waterproofing solutions.
UltraTech's latest financial results demonstrate the company's scale and operational resilience. UltraTech Cement's Revenue from Operations stood at ₹17,193.33 Crore in Q3 FY25, growing from ₹16,739.9 Crore in Q3 FY24. Profit After Tax (PAT): ₹1,470 Crore, down from ₹1,777 Crore in Q3 FY24. Capacity Utilisation: Achieved 73% during the quarter.
The company's operational metrics show strong volume growth. From an operational perspective, the company's capacity utilization was 73%, with a 10% YoY growth in domestic sales volume. Energy costs saw a notable reduction of 13% YoY and 4% QoQ, attributed to lower fuel expenses.
Key Financial Metrics (Q3 FY25):
* Revenue from Operations: ₹17,193.33 Crore
* Net Sales: ₹16,971 Crore
* Profit After Tax: ₹1,470 Crore
* PBIDT: ₹3,131 Crore
* Capacity Utilization: 73%
UltraTech has a Market Capitalization of ₹3,65,992 Crore (up 4.75% in 1 year) as of the latest available data. Its current market cap is $38.1 Billion with 294 Million shares. The company's stock has shown resilience and growth potential in the market.
UltraTech has been pursuing aggressive expansion through strategic acquisitions. Acquisition Milestone: Completed the acquisition of The India Cements Limited (ICEM), increasing UltraTech's shareholding to 55.49%, making ICEM a subsidiary as of December 24, 2024. Capacity Expansion: Commissioned an additional 1.8 MTPA capacity during the quarter, raising total cement capacity to 171.11 MTPA.
The company has outlined ambitious growth plans. Upon completion of the ongoing expansion projects and the acquisition of Kesoram Cement (10.75 MTPA), UltraTech will achieve the unique milestone of more than 200 MTPA cement capacity in the country by the end of FY27.
UltraTech has diversified beyond traditional cement manufacturing. UltraTech pioneered the UltraTech Building Solutions (UBS) concept to provide individual home builders with a one-stop-shop solution for building their homes. This is the first pan-India multi-category retail chain catering to the needs of individual home builders (IHBs).
The company has also ventured into new business segments. February 27, 2025: UltraTech Cement announced its entry into the wires and cables segment with a planned investment of ₹1,800 Crore to set up a plant near Bharuch, Gujarat. The plant is scheduled to become operational by December 2026.
UltraTech demonstrates strong commitment to environmental sustainability. UltraTech is a founding member of Global Cement and Concrete Association (GCCA). It is a signatory to the GCCA Climate Ambition 2050 and has committed to the Net Zero Concrete Roadmap announced by GCCA. UltraTech is the first company in India and the second company in Asia to issue dollar-based sustainability linked bonds.
The company has made significant investments in renewable energy. Additionally, the company surpassed 1 GW of renewable energy installations, making UltraTech one of the first industrial firms in India to achieve 1 gigawatt of renewable energy capacity for its own use.
UltraTech Cement represents a dominant force in India's cement industry, combining massive scale, strategic expansion, and innovative building solutions. With its strong market position, comprehensive product portfolio, and commitment to sustainability, the company continues to be a key player in India's infrastructure development story.
