India Cements

Chennai, India Founded: 1946 • Age: 80 yrs Acquired By UltraTech Cement
Cement and ready-mix concrete are manufactured for construction needs.
Annual revenue $485.6M Latest available
Total funding - 2 rounds
Employees 2880 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About India Cements

India Cements is a company based in Chennai (India) founded in 1946 was acquired by UltraTech Cement in December 2024. The company has 2,880 employees as of March 31, 2024. India Cements offers products and services including Cement and Ready Mix Concrete. India Cements operates in a competitive market with competitors including Dalmia Bharat, Ambuja Cements, JSW Cement, Sagar Cements and Wonder Cement, among others.

  • Headquarter Chennai, India
  • Employees 2880 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name India Cements Ltd.
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
    $485.64 M (USD)
    -16.99
    as on Mar 31, 2025
  • Net Profit
    -$16.86 M (USD)
    36.8
    as on Mar 31, 2025
  • EBITDA
    -$43.54 M (USD)
    -482.87
    as on Mar 31, 2025
  • Latest Funding Round
  • Investors
    Nomura

    & 2 more

  • Employee Count
    2880

    as on Mar 31, 2024

  • Acquired by
    UltraTech Cement

    (Dec 24, 2024)

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IPO & Listings of India Cements

India Cements is a publicly listed company on the NSE with ticker symbol INDIACEM in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: INDIACEM · Sector: Non-energy minerals · India

Products & Services of India Cements

India Cements offers a comprehensive portfolio of products and services, including Cement and Ready Mix Concrete.

Primary

Manufactured product for construction and infrastructure

Pre-mixed concrete for immediate building applications

People of India Cements

Headcount 1000-5000
Employee Profiles 13
Board Members and Advisors 7
Employee Profiles
People
Istyak Ahmed
Senior Mechanical Engineer
People
Venkata Surya Sai Praneeth Ch
Graduate Engineering Trainee
People
Jitendra Upadhyay
Deputy Manager Power Plant
People
Bharath Reddy Annavaram
Electrical Manager

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Board Members and Advisors
people
Rupa Gurunath
Director

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Funding Insights of India Cements

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (24 Dec 2007)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Post-IPO - India Cements Valuation

investors

Dec, 2007 Amount Post-IPO - India Cements Valuation

investors

Investors in India Cements

India Cements has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Nomura, UltraTech Cement and Aquarius Investment Advisors.

All
Institutional
Investor Description Founded Year Domain Location
Grey cement, ready-mix concrete, and white cement are manufactured.
Founded Year Domain Location
Diversified asset management services are offered globally by the firm.
Founded Year Domain Location
Diversified investment management services are provided to clients worldwide.
Founded Year Domain Location

Investments & Acquisitions by India Cements

Investments

Financial Statements - India Cements

India Cements Comparisons

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Competitors of India Cements

India Cements operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dalmia Bharat, Ambuja Cements, JSW Cement, Sagar Cements and Wonder Cement, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cement and sugar are produced by Dalmia Bharat.
domain founded_year HQ Location
Cement and building materials are manufactured by Ambuja Cements.
domain founded_year HQ Location
Cement, aggregates, additives, and ready-mix concrete are manufactured.
domain founded_year HQ Location
Cement production is managed by Sagar Cements in India.
domain founded_year HQ Location
Manufacturer of cement materials
domain founded_year HQ Location
Cement is manufactured by Orient Cement in India.

Latest news on India Cements

Frequently Asked Questions about India Cements

India Cements was founded in 1946 and raised its 1st funding round 61 years after it was founded.

India Cements is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

As of Mar 31, 2024, the latest employee count at India Cements is 2,880.

Annual revenue of India Cements is $485.64M as on Mar 31, 2025.

India Cements was established in 1946 as a key player in the building materials sector. Operations are centered in Chennai, India, with production facilities focused on cement and ready-mix concrete. These products are supplied to support infrastructure and construction projects across the country. The company maintains a domain at indiacements.co.in for business inquiries and resources. Activities emphasize standard manufacturing processes in the cement industry.

India Cements's top competitors include Sagar Cements, JSW Cement and Wonder Cement.

India Cements offers Cement and Ready Mix Concrete.

Yes, India Cements is publicly traded on NSE under the ticker symbol INDIACEM.

India Cements has 3 investors. Key investors include Nomura, UltraTech Cement, and Aquarius Investment Advisors.

The ticker symbol of India Cements is INDIACEM on NSE.

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