UltraTech Cement Limited is an Indian multinational cement manufacturing company headquartered in Mumbai, Maharashtra. It is the flagship cement business of the Aditya Birla Group and is among the largest producers of grey cement, ready-mix concrete (RMC), and white cement in India. UltraTech is publicly listed on the BSE and the National Stock Exchange of India.
| Type | Public company |
|---|---|
| Industry | Cement and building materials |
| Headquarters | Mumbai, Maharashtra, India |
| Parent | Aditya Birla Group |
| Products | Grey cement, white cement, ready-mix concrete, building products |
| Listings | BSE, NSE |
The cement business that became UltraTech traces its origins to the cement division of Larsen & Toubro (L&T). In 2004, the Aditya Birla Group, through Grasim Industries, acquired a controlling stake in L&T's cement business, which was demerged and subsequently renamed UltraTech Cement Limited. The new entity consolidated the Birla group's position in the Indian cement sector alongside its earlier holding in Grasim's cement operations.
Over time, the cement assets of Grasim Industries were merged into UltraTech, making it the consolidated cement arm of the Aditya Birla Group. The company has since pursued a strategy of organic capacity expansion combined with acquisitions of competing cement producers to strengthen its presence across India and select overseas markets.
UltraTech operates an integrated network of integrated cement plants, grinding units, bulk packaging terminals, and ready-mix concrete plants spread across India. The company also has manufacturing and marketing operations in the United Arab Emirates, Bahrain and Sri Lanka, in addition to exports to other markets.
UltraTech Cement is widely regarded as the largest cement producer in India by installed capacity and is a major player globally outside China. Its scale, distribution reach and brand recognition make it a benchmark company in the Indian building materials sector. The company's expansion through acquisitions has been a notable feature of consolidation in the Indian cement industry, particularly during periods of stressed assets being resolved under the country's insolvency framework.
As part of the Aditya Birla Group, UltraTech is also significant within one of India's largest industrial conglomerates, contributing to the group's overall presence in commodity manufacturing alongside metals, chemicals, textiles, and financial services.