Top Cement Stocks In India by Market Capitalisation

Best cement stocks in India include Shree Cement Ltd with an 8.08% 1-year return, UltraTech Cement Ltd at 4.99%, and J K Cement Ltd at 0.31%, highlighting strong performers in the sector. Other notable stocks like Ambuja Cements Ltd, ACC Ltd, and Dalmia Bharat Ltd saw negative returns over the past year, reflecting challenges in the cement industry. 

The table below shows the top cement stocks in India by market capitalisation and 1-year return.

Introduction To Cement Stocks In India by Market Cap

UltraTech Cement Ltd

UltraTech Cement Limited is an Indian company that specializes in the production and sale of cement and associated products. Their product offerings include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), Composite Cement (CC), and Ready-Mix Concrete (RMC). 

Additionally, the company offers a variety of building products under brands such as UltraTech Cement, UltraTech Concrete, UltraTech Building Products, Birla White Cement, and White Topping Concrete. 

• Close Price ( ₹ ): 10447.65
• Market Cap ( Cr ): 315940.52
• 1Y Return %: 4.99
• 6M Return %: -7.55
• 1M Return %: -2.06
• 5Y CAGR %: 19.31
• % Away From 52W High: 16.25
• 5Y Avg Net Profit Margin %: 11.37 

Ambuja Cements Ltd

Ambuja Cements Limited, an Indian-based cement manufacturer, specializes in producing and selling various cement and cement-related products such as Ambuja Cement, Ambuja Kawach, Ambuja Plus, Ambuja Cool Walls, Ambuja Compocem, Ambuja Buildcem, Ambuja Powercem, Ambuja Railcem, and Alccofine. 

The company provides support and services to individual home builders, masons, contractors, architects, and engineers. Together with its subsidiary ACC Ltd., Ambuja Cements has a total capacity of over 67.5 million tons through fourteen integrated cement manufacturing plants and sixteen cement grinding units nationwide.

• Close Price ( ₹ ): 469.80
• Market Cap ( Cr ): 115582.07
• 1Y Return %: -22.13
• 6M Return %: -24.77
• 1M Return %: -13.92
• 5Y CAGR %: 17.29
• % Away From 52W High: 50.48
• 5Y Avg Net Profit Margin %: 8.39 

Shree Cement Ltd

Shree Cement Limited is an Indian company that produces various types of cement, such as Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC). 

OPC is a hydraulic binding material produced by mixing Portland cement clinker, blended materials, and gypsum. It is suitable for use in regular construction as well as pre-stressed construction. PPC is created by blending OPC with pozzolanic materials like silica, volcanic ash, fly ash, and pond ash, among others. PSC incorporates a by-product from iron blast furnaces mixed with ground clinker and gypsum in appropriate proportions. 

• Close Price ( ₹ ): 28306.40
• Market Cap ( Cr ): 101738.51
• 1Y Return %: 8.08
• 6M Return %: 14.08
• 1M Return %: 9.80
• 5Y CAGR %: 3.52
• % Away From 52W High: 2.10
• 5Y Avg Net Profit Margin %: 12.26 

J K Cement Ltd

J.K. Cement Ltd., headquartered in India, is a company that specializes in the manufacturing and distribution of cement and related products. The company operates in different segments, which include grey cement, white cement, and allied products. 

Under the grey cement segment, the company offers various products such as Portland Pozzolana Cement, and Portland Slag Cement (PSC), among others. The white cement portfolio comprises JKC WhiteMaxX and JKC RepairMaxX. The company also has a white cement plant in Gotan and wall putty units in Gotan and Katni.

• Close Price ( ₹ ): 4517.15
• Market Cap ( Cr ): 35350.22
• 1Y Return %: 0.31
• 6M Return %: 0.43
• 1M Return %: -2.59
• 5Y CAGR %: 26.21
• % Away From 52W High: 10.44
• 5Y Avg Net Profit Margin %: 7.69 

ACC Ltd

ACC Limited is an Indian company that specializes in the manufacturing and marketing of cement and related products. It operates in two main segments: Cement and Ready-Mix Concrete (RMX). 

The company produces various types of cement, including ordinary portland cement (OPC), portland pozollana cement (PPC), portland slag cement (PSC), and composite cement, as well as offering RMX services. Its product range includes gold and silver options, bulk cement, solutions, ready mixed concrete, value-added products, and eco-friendly building solutions such as cement bricks, blocks, and roofing materials for both rural and urban areas. 

• Close Price ( ₹ ): 1825.30
• Market Cap ( Cr ): 34441.12
• 1Y Return %: -31.62
• 6M Return %: -22.27
• 1M Return %: -9.74
• 5Y CAGR %: 5.70
• % Away From 52W High: 55.81   

Dalmia Bharat Ltd

Dalmia Bharat Limited, an India-based cement manufacturing company, is primarily involved in producing and selling various grades of cement and related products. The Company’s operations are divided into two segments: Cement division and Others. 

The Cement segment manufactures a range of cement products, while the Others segment includes the Investment division and management services. The Company’s product portfolio encompasses Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC), Portland Composite Cement (PCC), and specialized cements like sulfate-resisting Portland cement.

• Close Price ( ₹ ): 1730.10
• Market Cap ( Cr ): 32412.2
• 1Y Return %: -16.53
• 6M Return %: -5.03
• 1M Return %: -3.89
• 5Y CAGR %: 16.71
• % Away From 52W High: 22.20
• 5Y Avg Net Profit Margin %: 6.70 

Ramco Cements Limited

The Ramco Cements Limited, based in India, is a company that manufactures cement, ready mix concrete, and dry mortar products. The company primarily serves domestic markets, but also exports cement to Sri Lanka through direct exports and to Maldives through merchant exports. Its product range includes various types of cement such as Ramco Supergrade, Ramco Supercrete, and Ramco Superfine EFC, among others. 

Additionally, the company offers dry mix products like Ramco Tile Fix and Ramco Super Plaster, as well as concrete products including Ramco Ready Mix Concrete RMC. The company’s diverse range of products caters to a variety of construction applications, offering durable solutions.  

• Close Price ( ₹ ): 842.85
• Market Cap ( Cr ): 20093.12
• 1Y Return %: -3.11
• 6M Return %: 2.57
• 1M Return %: -4.07
• 5Y CAGR %: 1.55
• % Away From 52W High: 25.76
• 5Y Avg Net Profit Margin %: 9.63 

Nuvoco Vistas Corporation Ltd

Nuvoco Vistas Corporation Limited, headquartered in India, is a cement manufacturing company that specializes in producing and selling cement and building materials. The company’s operations encompass the manufacture and sale of cement, ready-mix concrete (RMX), and modern building materials (MBM). 

With a diverse product range of over 60 items, Nuvoco Vistas caters to both individual home builders and large-scale infrastructure projects. Its cement offerings include Ordinary Portland Cement, Portland Slag Cement, Portland Pozzolana Cement, and Portland Composite Cement. 

• Close Price ( ₹ ): 313.60
• Market Cap ( Cr ): 11421.85
• 1Y Return %: -6.22
• 6M Return %: -7.86
• 1M Return %: -8.33 
• % Away From 52W High: 22.98
• 5Y Avg Net Profit Margin %: 1.03 

Star Cement Ltd

Star Cement Limited, an India-based cement company located in North-Eastern India, is involved in the production of cement, cement clinker, and power generation. The company operates through two segments: Cement and Power. Its integrated cement plant with a capacity of 1.67 million tons per annum is situated in Lumshnong, Meghalaya. 

Star Cement Limited offers a range of construction products including Ordinary Portland Cement (OPC 43-Grade and OPC 53-Grade), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), and a specialty product called Anti Rust Cement (ARC). 

• Close Price ( ₹ ): 202.67
• Market Cap ( Cr ): 8590.05
• 1Y Return %: -3.65
• 6M Return %: -8.67
• 1M Return %: -1.34
• 5Y CAGR %: 17.86
• % Away From 52W High: 26.31
• 5Y Avg Net Profit Margin %: 11.18 

What Are Cement Stocks In India?

Cement stocks in India refer to shares of companies involved in the manufacturing, distribution, and sale of cement for construction and infrastructure projects. Leading players like UltraTech Cement, Ambuja Cements, and Shree Cement dominate the industry, benefiting from government initiatives, urbanization, and increasing demand for housing and infrastructure development. These stocks play a crucial role in India’s economic growth, making them attractive for long-term investors.

Features Of Cement Stocks In India by Market Cap

The key features of cement stocks in India include their role in infrastructure development, housing projects, and government initiatives. These companies benefit from rising construction demand, raw material availability, and production efficiency, influencing long-term stock performance.

1. Market Leaders & Industry Share
Top cement companies like UltraTech Cement, Shree Cement, and Ambuja Cements dominate the sector. Their large market capitalization, extensive distribution networks, and strong brand presence make them preferred investment choices for long-term stability and growth.

2. Demand from Infrastructure & Real Estate
Cement stocks benefit from rising infrastructure projects, housing developments, and commercial construction. Government initiatives like Smart Cities and affordable housing drive consistent demand, boosting revenue and stock performance. 

3. Government Policies & Sustainability Initiatives
The cement sector is influenced by environmental regulations, taxation policies, and carbon emission norms. Companies investing in green cement, energy-efficient production, and sustainability measures gain a competitive advantage and long-term growth potential.

4. Cyclical Nature & Economic Sensitivity
Cement stocks are cyclical, meaning they fluctuate with economic trends, real estate demand, and seasonal variations. Investors must consider monsoon impacts, interest rates, and GDP growth when analyzing cement stock performance.

Best Cement Stocks In India by Market Cap

The table below shows the best cement stocks in India by market cap and 6-month return.

Top Cement Stocks by Market Cap

The table below shows the top cement stocks by market cap and 1-month return.

Cement Stocks In India by Market Cap

The table below shows the cement stocks in India by market cap and 5-year average net profit margin.

High Dividend Yield Cement Stocks In India by Market Cap

The table below shows the high dividend yield cement stocks in India by market cap.

Historical Performance Of Cement Stocks In India

The table below shows the historical performance of cement stocks in India and the 5-year CAGR.

Factors To Consider When Investing In Cement Stocks

The factors to consider when investing in cement stocks include evaluating financial health, production efficiency, demand trends, and cost structures. Fundamental analysis helps investors assess a company’s profitability, competitive edge, and long-term growth potential in the construction and infrastructure-driven industry.

1. Revenue Growth & Profit Margins
Investors should analyze consistent revenue growth, operating profit margins, and return on equity (ROE). Cement companies with strong sales, efficient cost management, and high margins tend to deliver better long-term stock performance.

2. Raw Material & Energy Costs
Cement production relies heavily on limestone, coal, and power, making cost efficiency crucial. Fluctuations in fuel prices and transportation costs impact profitability, so investors should focus on companies with effective cost-control strategies.

3. Demand from Infrastructure & Real Estate
Cement stocks are driven by government projects, urbanization, and private construction. Companies with high exposure to infrastructure growth, housing development, and road construction tend to have consistent revenue streams and long-term stability.

4. Debt Levels & Financial Strength
High capital expenditure in the cement industry requires proper debt management. Investors should assess a company’s debt-to-equity ratio, cash flow, and interest coverage ratio to ensure financial sustainability and risk management.

5. Government Policies & Environmental Regulations
Regulations on carbon emissions, mining policies, and taxation impact cement companies. Firms investing in green cement, sustainability initiatives, and energy-efficient production gain a competitive advantage and long-term growth prospects.

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Benefits Of Best Cement Stocks In India

The main advantages of investing in the best cement stocks in India include steady demand, strong market presence, and long-term infrastructure growth. These companies benefit from government projects, urbanization, and cost-efficient production, ensuring consistent revenue and stock appreciation.

1. Strong Market Position & Stability
Leading cement companies like UltraTech Cement, Shree Cement, and Ambuja Cements dominate the sector. Their large-scale operations, strong brand presence, and efficient supply chains make them attractive for long-term investors seeking stability and steady returns.

2. Growth Driven by Infrastructure Development
Cement stocks benefit from government projects, road construction, and urban expansion. Initiatives like Smart Cities, affordable housing, and industrial corridors ensure sustained demand, boosting revenue and long-term stock performance.

3. Essential Role in Real Estate & Construction
Cement is a key material for real estate and commercial construction. Rising housing demand, corporate infrastructure, and industrial projects create consistent growth opportunities for cement companies, ensuring long-term business expansion.

4. Dividend & Capital Appreciation Potential
Many cement stocks offer stable dividends and long-term capital growth. Investors looking for passive income and portfolio appreciation benefit from companies with strong cash flows and consistent profitability.

Risks Of Investing In Cement Stocks In India

The main risk of investing in cement stocks in India comes from raw material price fluctuations, regulatory changes, and economic cycles. Investors should analyze cost structures, demand trends, and financial stability to mitigate risks and ensure long-term profitability.

1. Raw Material & Energy Cost Volatility
Cement production depends on limestone, coal, and electricity, making it vulnerable to price fluctuations. Rising fuel and transportation costs can reduce profit margins, impacting stock performance and overall financial stability.

2. Cyclical Nature & Economic Slowdowns
Cement stocks are cyclical, meaning demand fluctuates with economic growth. During recessions, interest rate hikes, or weak real estate demand, cement companies face declining sales and lower earnings.

3. Government Regulations & Environmental Policies
Strict carbon emission norms, mining restrictions, and taxation policies affect cement companies. Compliance costs can increase, and companies that fail to meet sustainability standards risk regulatory fines or operational limitations.

4. Competition & Market Pressure
The cement sector has strong competition among large players and regional manufacturers. Companies that fail to manage costs, innovate, or expand market share may struggle with declining profitability and investor confidence.

5. Monsoon & Seasonal Demand Impact
Cement demand is affected by seasonal variations, particularly during monsoons when construction slows. This leads to revenue fluctuations, making stock prices volatile and affecting short-term investor returns.

Who Should Invest In Cement Stocks In India?

Investors looking for long-term growth, stability, and exposure to India’s infrastructure and real estate sector should consider cement stocks. These stocks suit those willing to navigate economic cycles, raw material cost fluctuations, and regulatory challenges while benefiting from consistent industry expansion.

1. Long-Term Growth Investors
Cement stocks benefit from rising infrastructure projects, urbanization, and real estate expansion. Investors with a long-term perspective can capitalize on government-backed construction initiatives and increasing housing demand for steady portfolio growth.

2. Infrastructure & Real Estate Sector Enthusiasts
Those interested in construction, highways, and commercial real estate can invest in cement stocks. As infrastructure spending increases, cement manufacturers experience higher demand, stronger revenue growth, and improved market valuation.

3. Moderate-Risk Investors
Cement stocks are cyclical and impacted by economic fluctuations. Investors comfortable with moderate risk and price volatility can benefit from strong financials and strategic cost management by leading cement companies.

4. Dividend & Passive Income Seekers
Well-established cement firms often provide regular dividends due to stable demand and cash flow. Investors looking for a steady income with potential capital appreciation can benefit from these stocks.

FAQs – Best Cement Stocks In India by Market Cap

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.