UltraTech Cement Commits fresh capex of Rs. 10,255 crores

UltraTech Cement announced an investment of Rs 10,255 crores to expand its cement production capacity by 22.8 mtpa, including that of its subsidiary India Cements Limited. This expansion, approved by the Board of Directors at its meeting held today, will be executed through a mix of brownfield and greenfield projects.

This move reinforces UltraTech's commitment to sustained growth and its role in meeting the evolving demands of the Indian market.

Commenting on the development, Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group stated, "India is now a commanding force in the global cement landscape, and UltraTech stands at the helm as its foremost champion. This latest capacity expansion follows more than Rs.50,000 crores invested over the past five years, underscoring deep and sustained confidence in the Indian economy and the scale of its infrastructure ambitions. Capital, when deployed strategically, has a catalytic effect. It energises ecosystems, deepens industrial linkages, and creates durable employment. With this investment, we are reinforcing momentum across core sectors and contributing meaningfully to the acceleration of India's economic flywheel. As India enters a transformative era of infrastructure and economic development, UltraTech is well-positioned to meet the rising demand for cement and contribute meaningfully to the nation's journey towards Viksit Bharat 2047."

Over the past decade, UltraTech has demonstrated resilience and stewardship, adding over 65 mtpa capacity through the inorganic growth. UltraTech ranks as the second largest cement company globally by capacity and the largest by sales volume, (excluding China) - a testament to its strategic foresight and operational excellence.

Commercial production from these new capacities is expected to go fully on stream in a phased manner, starting from FY28 and will catapult the Company's cement capacity to 240.76 mtpa globally.

Shares of UltraTech Cement Limited was last trading in BSE at Rs. 12362.25 as compared to the previous close of Rs. 12356.05. The total number of shares traded during the day was 2084 in over 684 trades.

The stock hit an intraday high of Rs. 12392.90 and intraday low of 12270.00. The net turnover during the day was Rs. 25720357.00.

Source : Equity Bulls

Keywords

UltraTechCement INE481G01011 Investment Capex IndiaCements ProductionCapacity