Concrete

Top Cement Companies Thrive Amid Weak Market

Strong players withstand low demand pressures

Published

8 months ago

November 4, 2024

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Despite weak demand and intense competition in India’s cement sector, leading companies in the industry have managed to sustain growth in the second quarter (Q2) of the fiscal year, while smaller firms have struggled to maintain profitability. In an environment marked by low infrastructure activity and stiff competition, larger cement companies leveraged their scale and operational efficiencies to outperform their smaller counterparts.

Top cement players, including UltraTech Cement and Shree Cement, reported positive financial results due to their ability to optimize production costs and effectively manage distribution channels. These companies benefited from high levels of capacity utilization and strategically located plants that reduced transportation costs. Additionally, they were able to withstand rising input costs, like coal and fuel prices, better than smaller competitors.

On the other hand, mid-sized and smaller cement companies faced challenges in maintaining margins, impacted by the dual pressures of high input costs and low pricing power due to the competitive landscape. Many smaller players struggled with profitability, as they lacked the scale to offset rising operational expenses. As a result, some smaller firms saw a drop in market share, while the larger players have continued to consolidate their position in the industry.

Looking ahead, while market demand is expected to pick up with upcoming infrastructure projects and real estate developments, the intense competition is likely to persist. Industry analysts anticipate that smaller cement companies may continue to face challenges unless they can increase operational efficiencies or seek partnerships to achieve economies of scale.

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Star Cement launches ‘Star Smart Building Solutions’

Published

4 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

4 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

4 days ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.