Cement Industry

Cement Industry to benefit significantly from $2.2 trillion infra investment by 2030: Karan Adani

Adani Group, a late entrant in the cement sector, now contributes to nearly 30 per cent of the cement used for India’s homes and infrastructure.

Dalmia Bharat’s Bold Bet: Can It Cement a Pan-India Dominance at Low Cost?

Dalmia Bharat intends to grow cement capacity at a CAGR of 14-15% over the next decade to reach 100+ MT by 2030 Description: Dalmia Bharat is one of the largest cement manufacturers in the country, having a cement capacity of ~47MT at present. The company is focused on becoming a pan-India player in coming years.

Cement’s $100 billion illusion: Kotak says current valuations devoid of logic

Kotak Institutional Equities warns that Indian cement companies' valuations, driven by a $100 billion market cap, appear unsustainable given weak demand, high costs, and unrealistic sales expectations.

Cement struggle: Falling prices, weak demand hit profitability; pickup likely in H2FY25

Cement prices fell across regions in July 2024, squeezing industry margins, with demand expected to recover only in the latter half of FY25.

JSW Cement eyes stake in Orient Cement amid industry consolidation: Report

Recently, Adani and Ultratech have focussed on southern India, with Adani acquiring Penna Cement in June and Ultratech increasing its stake in India Cements to a majority control on July 28

Adani, Birla acquisitions could reshape southern cement landscape

Large cement companies have sufficient levers in terms of cost synergies and branding, which along with quality improvement and green energy usage, could lift realisations over time

Why are cement prices declining in India? MC explains

Aggressive volume push at the expense of pricing resulted in an about 6% sequential decline in cement prices to Rs 370- Rs 375 on average per 50 kg bag in the fourth quarter.

JK Lakshmi Cement, Shree Cement eyeing offshore mining foray to secure lime mud

In 2018, the Geological Survey of India (GSI) discovered potential zones of high grade limemud and limesand off Gujarat and Maharashtra coasts. These are useful for cement companies that can cut down on the raw material import bills.

Cement companies expect demand to remain robust, shrug off slowdown concerns

During Q3, UltraTech, ACC, Ambuja and Shree Cement saw their consolidated net profit soar on the back of healthy demand and lower costs.