Ultratech

In FY25, India's largest cement maker added 42.6 MTPA in capacity, with a large part through acquisitions such as India Cements and Kesoram Industries' cement operations

South could be the new North: UltraTech executive director Atul Daga

During the quarter consolidated net profit increased by 49 percent Year-on-Year to Rs 2,226 crore. Revenue also jumped by 13% to Rs 21,275 crore in the June quarter FY2026.

Centre drafts proposal on emission reduction targets for PSU and private refineries, along with textile sector

A government draft on emission reduction target has for the first time mandated to reduce greenhouse gas emissions by oil PSUs like IOC, BPCL, HPCL, GAIL and ONGC, along with private sector refineries.

UltraTech: Are gains from acquisitions beginning to play out?

The recently acquired India Cements and Kesoram Cement were in the spotlight in Q4FY2025 for improved performance

UltraTech says subsidiary India Cements' performance to improve with efficiencies, price increases

UltraTech, after receiving approvals from the National Company Law Tribunal, took control of India Cements in late-December 2024, marking Q4 as the first full quarter of the latter being a subsidiary of the Aditya Birla Group firm

UltraTech Cement Q4 preview: Net profit, revenue to see higher growth on rising demand, increasing volumes

Among the brokerages, Motilal Oswal is the most optimistic, projecting net profit to rise to Rs 2,445 crore from Rs 2,315 crore in Q3FY24. Nuvama is the most cautious, expecting profit to fall to around Rs 2,084 crore.

UltraTech Cement shares surge following investor call, brokerages maintain bullishness

Nuvama Institutional Equities said the cement player shared a well-thought out strategy of foraying into C&W, optimum utilisation of C&W facility.

UltraTech’s wires and cables foray: A high-voltage hazard for incumbents?

The W&C industry size is estimated at Rs 80,000 crore, having delivered a CAGR of 12-13% between FY19 and FY24 The shift from the unorganised to the organised market provides an attractive opportunity for a new player

Small and mid-sized cement players struggle as market leaders tighten their grip

Although the industry anticipates an upward trend in cement prices, driven by rising rural consumption supported by improved farm cash flows, executives caution that intensifying competition could limit significant price gains.

UltraTech’s Rs 1,800 crore cable & wires foray may rewire sector, squeeze rivals' margins

In case UltraTech chooses to be aggressive with pricing in the C&W foray, in order to corner greater market share, the move will negative impact the margins for the business, hurting the existing players.

Star Cement CFO says 'no plans for further stake sale'

Star Cement has the highest market share in the north eastern region and 79 per cent of its sales comes from the region.

UltraTech Cement pilots Gypsum Transport via inland waterway, marks industry first

UltraTech is the first cement company in India to leverage National Waterway 1 for gypsum transport at scale, the company said in a statement.

In a category-first, UltraTech transforms its each logo into an AI+AR-enabled home building expert

UltraTech introduced #BaatGharKi, a series of expert-driven, step-by-step home-building guides on YouTube

UltraTech Cement receives NCLT nod to acquire Kesoram's cement assets

The cement firm had announced a share purchase agreement with Kesoram in November last year to acquire its assets

UltraTech collaborates with UCLA to reduce carbon dioxide emissions from cement production

ICM, in partnership with UltraTech, will build a first-of-a-kind demonstration plant for the technology at one of UltraTech’s integrated cement manufacturing units, it added

Acquisition of India Cements to save a 'failing firm': UltraTech Cement tells CCI

The Aditya Birla Group-owned cement maker told the CCI that the proposed deal won't have any adverse impact on competition.

Cement firms look to turn to bulk buyers amid growing challenges from pricing, margins

Cement prices are expected to be lower in the next fiscal by up to 3 per cent. The correction is likely to happen, as large players continue to consolidate and expand production in a bid to secure a larger market share.

Rise in construction activities to propel India's cement demand by 7-8% in FY25: UltraTech

To meet this increased demand, the cement industry is expected to add 35 – 40 million tonne capacity in the next fiscal, with 60-65 per cent concentrated in the eastern and southern regions, said the Aditya Birla group flagship firm.

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

Higher costs and price wars led to India Cements sale to UltraTech: N. Srinivasan

Srinivasan assured employees that despite the change in ownership to UltraTech, led by Aditya Birla Group Chairman Kumar Mangalam Birla, it would be business as usual for them.

UltraTech paid a 'very, very high price' for India Cements stake, says Anil Singhvi

Industry is taking out the weaker hands in the cement business, which is a good sign for consolidation in the cement space, according to Anil Singhvi.

UltraTech: India Cements acquisition augments its market supremacy

Though the deal looks expensive, it gives the Birla cement major better pricing power in the southern market

It's battleground South India as UltraTech announces acquisition of India Cements

Southern India has been a challenging market for large cement makers, including UltraTech, Ambuja Cements, and ACC. However, consolidation is expected to intensify competition among the major players, led by UltraTech and Adani Cement

UltraTech lines up further capacity expansion of 7.5 MTPA in FY25

UltraTech commissioned 8.7 MTPA cement capacity in Apr-Jun. The company's capacity at the end of Apr-Jun stood at nearly 150 MTPA.

UltraTech Cement expects double-digit volume growth in FY25, industry volumes to grow 7-8%

UltraTech reported domestic grey cement volumes of 30.29 million tonnes for April-June, with demand during the quarter being affected by the General Elections, as well as extreme heat conditions