UltraTech Cement
Manufacturing Gross Value Added (GVA) grew by 11.60% in FY2025-26, up from 8.30% in FY2024-25, reflecting strong growth in India's manufacturing sector.
UltraTech Cement Ltd. is the largest manufacturer of grey cement, ready-mix-concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India. In FY2025-26, UltraTech Cement reinforced its leadership as the largest cement producer outside China, with a consolidated grey cement capacity of 198.20 MTPA globally following strategic acquisitions and capacity expansions. The company commissioned 17.40 MTPA of additional capacity during the year and is on track to surpass 200 MTPA in FY2026-27.
Its manufacturing network expanded to 35 integrated cement plants, 40 grinding units, 8 bulk terminals, 8 jetties and over 400 ready-mix concrete plants across India and overseas markets. The company also completed the acquisition of India Cements Limited, strengthening its presence in southern India and enhancing its long-term manufacturing capabilities. UltraTech continued to remain India's largest cement exporter, serving markets across the Indian Ocean, Middle East and neighbouring countries.
On the investment front, UltraTech has accelerated capacity expansion. In October 2025, the company announced an investment of Rs. 10,255 crore (US$ 1.16 billion) to add 22.8 MTPA capacity, supporting long-term growth in infrastructure and housing demand. Additionally, ongoing expansions and acquisitions are expected to take total capacity beyond 200 MTPA, reflecting sustained capital expenditure and confidence in sectoral demand.
UltraTech Cement: The Engineer’s choice
| Year | Milestone |
|---|---|
| 2026 |
In FY2025-26, UltraTech Cement increased its consolidated grey cement capacity to 198.20 MTPA through capacity additions and the acquisition of India Cements Limited, reinforcing its position as the largest cement producer outside China. In November 2025, UltraTech Cement implemented the new Labour Code, recognising an exceptional cost towards gratuity and leave encashment obligations, reflecting regulatory alignment and workforce-related reforms. During FY26, the company completed the integration of acquired assets (India Cements and Kesoram), with rapid transition of operations, branding, and logistics to the UltraTech platform, leading to improved operational efficiency and product quality. UltraTech strengthened its brand-led consolidation strategy, with acquired entities increasingly operating under the “UltraTech” brand, enhancing market positioning and distribution efficiency. During Q3 FY26, the company commissioned new capacity additions, including 0.6 MTPA at Dhule (Maharashtra) and 1.2 MTPA at Nathdwara (Rajasthan), as part of its ongoing expansion programme. UltraTech initiated the next phase of expansion to add 22.8 MTPA capacity, through a mix of brownfield and greenfield projects, targeting a total capacity of 240.76 MTPA post completion. The company expanded its waste heat recovery systems (WHRS) and renewable energy initiatives, increasing WHRS capacity to 383 MW and raising the share of green power in its energy mix to over 42%, supporting sustainability goals. UltraTech progressed on its diversification strategy with the development of its cables and wires business, with project execution underway and commercial launch targeted for Q3 FY27. |
| 2025 |
On November 20, 2025, UltraTech Cement announced it is nearing the 200 million tonne-per-annum (MTPA) production capacity mark, reporting 192.26 MTPA and planning a fresh investment of Rs. 9,000-10,000 crore (US$ 1.01-1.13 billion) in FY26 to complete the milestone. |
| 2024 |
On December 15, 2024, UltraTech Cement, India's largest cement and ready-mix concrete company, has become the first in the industry to transport gypsum at scale via National Waterway 1 (Ganga-Bhagirathi-Hooghly) in a pilot project to promote sustainable transport. UltraTech Cement plans to add 7.5 MTPA of cement capacity in FY25, following the commissioning of 8.7 MTPA in the April-June quarter, bringing its total capacity to nearly 150 MTPA. The new capacity will primarily come from brownfield expansions, including a 4.5 MTPA integrated unit in Madhya Pradesh scheduled for completion in Q1 FY25. On June 27, 2024, UltraTech Cement announced its acquisition of a stake worth up to Rs. 19,80,636 crore (US$ 228 million) in rival India Cements, securing a 23% stake in a move to defend its market position against the Adani group. This investment aims to bolster UltraTech's presence in southern India, where it currently holds an 11% market share, compared to Adani's 6%. |
| 2023 |
In December 2023, UltraTech Cement concluded an agreement to acquire Kesoram Cement from Kesoram Industries for Rs. 79,22,544 crore (US$ 912 million). In October 2023, UltraTech Cement announced planned new capital expenditure (CAPEX) investments worth Rs. 13,552 crore (US$ 1.56 billion) to grow its production capacity, beginning in the FY26. On August 2, 2023, UltraTech Cement Ltd. announced the commissioning of the 1.2 million tonnes per annum (mtpa) brownfield cement capacity at Magdalla, Gujarat. In May 2023, UltraTech Cement Ltd.’s wholly owned subsidiary UltraTech Nathdwara Cement Ltd (UNCL) commissioned a 0.8 million tonnes per annum (MTPA) brownfield cement factory at Neem Ka Thana, Rajasthan. On October 30, 2023, the Board of Directors at its meeting approved the third phase of growth with an investment of Rs. 13,000 crore (US$ 1.55 billion) towards increasing the capacity by another 21.9 MTPA with a mix of brownfield and greenfield projects. As announced in May 2023, UltraTech Cement Limited and Coolbrook, a transformational technology and engineering company, will jointly develop a project to implement Coolbrook’s RotoDynamic HeaterTM (RDH) technology in one of UltraTech’s cement manufacturing units. Sustain Labs Paris’ (SLP) in partnership with BW Businessworld has ranked UltraTech No.1 in Sustainability in the Infrastructure and Engineering sector and #15 out of the top 200 Companies in India. UltraTech Cement, an Aditya Birla Group company, has been recognized as a leader in climate change by Carbon Disclosure Project, a global non-profit environmental organization, for its 2022 CDP disclosure. UltraTech received an ‘A-’ score for implementing best practices and for taking concerted action on climate issues, securing a place in the ‘leadership category’. |
| 2022 |
Ultratech Cement increases white wall care putty capacity with third plant. UltraTech Cement to invest Rs. 12,886 crore (US$ 1.5 billion) in capacity addition IRM India Affiliate, Ultratech to bolster risk-readiness in cement sector. UltraTech Cement emerges preferred bidder for limestone block in Karnataka. |
| 2021 |
In November 2021, UltraTech is the winner of the FICCI's Indian Circular Economy Award for 2021. In November 2021, UltraTech commits to the GCCA's Net Zero Concrete Roadmap. In September 2021, UltraTech Cement joined RE100 and has committed to using 100% renewable energy by 2050. |
| 2020 |
UltraTech Cement Ltd. will invest Rs. 5,477 crore (US$ 776 million) for its proposed capacity expansion plan |
| 2019 |
UltraTech Cement commissioned first Green RMC plant in Mumbai having zero discharge UltraTech Cement planned to exceed 25% green energy contribution to total energy consumption by 2021 |
| 2018 |
Became a member of EP100, a global leadership initiative. |
| 2016 |
UltraTech Cement acquisition of cement units of Jaiprakash Associates Limited. Ultratech secures 4.09 LT of coal supply. |
| 2012 |
UltraTech Cement Ltd has acquired 100 per cent equity shares of Gotan Limestone Khanij Udyog Pvt Ltd (GKUPL), Rajasthan. |
| 2009 |
UltraTech to absorb Samruddhi to form India's biggest cement firm. |
| 2004 |
Completion of the implementation process to demerge the cement business of Larsen & Toubro Limited (L&T) and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech. |
| 2001 |
Grasim acquires a 10 per cent stake in Larsen & Toubro Limited (L&T). Subsequently increases stake to 15.3 per cent by October 2002 -Durgapur grinding unit. |
| 1999 |
Acquired Narmada Cement Company Limited. |
| 1980 |
Establishment of Grasim's first cement plant at Jawad in Madhya Pradesh. |
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