About UltraTech Cement
UltraTech Cement is a company based in Mumbai (India) founded in 1983 was acquired by Grasim in July 2004.. The company has 90,170 employees as of March 31, 2024. UltraTech Cement has completed 5 acquisitions, including Binani Cement, Binani Industries and India Cements. UltraTech Cement offers products and services including UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems. UltraTech Cement operates in a competitive market with competitors including Sagar Cements, Dalmia Bharat, Ambuja Cements, JSW Cement and Wonder Cement, among others.
- Headquarter Mumbai, India
- Employees 90170 as on 31 Mar, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ultratech Cement Limited
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Annual Revenue
$8.77 B (USD)7.3as on Mar 31, 2024
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Net Profit
$705.49 M (USD)-13.79as on Mar 31, 2024
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EBITDA
$1.36 B (USD)-3.3as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
90170
as on Mar 31, 2024
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Investments & Acquisitions
Binani Cement
& 4 more
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Acquired by
Grasim
(Jul 06, 2004)
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IPO & Listings of UltraTech Cement
UltraTech Cement is a publicly listed company on the NSE with ticker symbol ULTRACEMCO 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.
Products & Services of UltraTech Cement
UltraTech Cement offers a comprehensive portfolio of products and services, including UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cement for residential and commercial construction
Pre-mixed concrete for infrastructure projects
Systems to prevent water damage in buildings
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Funding Insights of UltraTech Cement
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UltraTech Cement
UltraTech Cement has secured backing from 1 investor. Prominent investors backing the company include Grasim. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UltraTech Cement
UltraTech Cement has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Binani Cement, Binani Industries and India Cements. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cement is manufactured for commercial and residential construction sectors.
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2001 | ||||
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Blogs focused on multiple topics
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1996 | ||||
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Cement, clinker, and zinc composites are manufactured by Binani Cement.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UltraTech Cement
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ultratech Cement Comparisons
Competitors of UltraTech Cement
UltraTech Cement 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 Sagar Cements, Dalmia Bharat, Ambuja Cements, JSW Cement and Wonder Cement, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cement production is managed by Sagar Cements in India.
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| domain | founded_year | HQ Location |
Cement and sugar are produced by Dalmia Bharat.
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| domain | founded_year | HQ Location |
Cement and building materials are manufactured by Ambuja Cements.
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| domain | founded_year | HQ Location |
Cement, aggregates, additives, and ready-mix concrete are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of cement materials
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| domain | founded_year | HQ Location |
Cement is manufactured by Orient Cement in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ultratech Cement
Frequently Asked Questions about UltraTech Cement
When was UltraTech Cement founded?
UltraTech Cement was founded in 1983.
Where is UltraTech Cement located?
UltraTech Cement is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of UltraTech Cement?
Suryakant Tiwari is the current CEO of UltraTech Cement.
How many employees does UltraTech Cement have?
As of Mar 31, 2024, the latest employee count at UltraTech Cement is 90,170.
What is the annual revenue of UltraTech Cement?
Annual revenue of UltraTech Cement is $8.77B as on Mar 31, 2024.
What does UltraTech Cement do?
UltraTech Cement was established in 1983 in Mumbai, India, within the building materials sector. Grey cement, ready-mix concrete, and white cement are produced as primary outputs. High-quality building materials are supplied to support construction needs. Assistance is extended to customers during various stages of the home-building process. Operations focus on the Indian market with distribution through established networks.
Who are the top competitors of UltraTech Cement?
UltraTech Cement's top competitors include Sagar Cements, JSW Cement and Wonder Cement.
What products or services does UltraTech Cement offer?
UltraTech Cement offers UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems.
Is UltraTech Cement publicly traded?
Yes, UltraTech Cement is publicly traded on NSE under the ticker symbol ULTRACEMCO.
How many acquisitions has UltraTech Cement made?
UltraTech Cement has made 5 acquisitions, including Binani Cement, Binani Industries, and India Cements.
Who are UltraTech Cement's investors?
UltraTech Cement has 1 investor. Key investors include Grasim.
What is UltraTech Cement's ticker symbol?
The ticker symbol of UltraTech Cement is ULTRACEMCO on NSE.
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