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Concrete

The Consolidation Benefits

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India’s core sector output witnessed a strong revival in September, bouncing back from a 42-month low in August as key core industries regained momentum. Cement led this resurgence, with production growth accelerating to a six-month high of 7.1 per cent, rebounding from a contraction of 3.1 per cent the previous month. This positive trend signals renewed demand across infrastructure and construction, contributing to the resilience of the sector.

A significant development in October further underscored the consolidation shaping India’s cement landscape: the acquisition of Orient Cement Ltd (OCL) by Ambuja Cements, a part of the Adani Group, for an equity value of Rs.8,100 crore. This move is poised to intensify competition, bringing the Adani and Aditya Birla groups head-to-head as they vie for dominance in India’s dynamic cement market.

The acquisition is just one in a series of strategic deals that have redefined the industry since the Adani Group entered the cement space in 2022. In total, seven major transactions have reshaped the sector, bolstering capacity and enhancing market reach for key players. Companies like UltraTech Cement, Ambuja Cements, and Dalmia Bharat leveraged acquisitions to strengthen their sales, even as several smaller producers faced a decline in both topline and volume growth in the recent quarter.

This phase of rapid consolidation highlights the critical importance of scale and efficiency in staying competitive. The larger players continue to thrive through expansion, yet challenges persist for others, impacted by volatile market conditions and declining margins. The industry’s strategic shift toward scale, however, is expected to drive robust performance in the long term, underscoring the sector’s pivotal role in India’s infrastructure growth trajectory.

As consolidation continues, all eyes will be on how these industry giants navigate rising competition to cement their positions.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

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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/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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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

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Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

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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.

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