Cement Corporation Of India

UltraTech lines up ₹10,000 cr capex for FY26 to bolster capacity

Cement maker UltraTech, which expects around 7 per cent growth in FY26, has allocated up to Rs 10,000 crore as capex to bolster its capacity as well as energy and efficiency initiatives, according to the company's latest annual report. The Aditya Birla group firm recently acquired South-based India Cements and the cement business of Kesoram Industries, and added 26.3 MTPA of grey cement capacity to its portfolio. It has planned an organic capacity addition of 28.8 MTPA by FY27. UltraTech, which crossed the Rs 75,000 crore revenue mark in FY25 and is now very close to 200 MTPA (million tonnes per annum) capacity, anticipate a reduction in "net debt to EBITDA ratio", helped by a higher volume growth and improving margins. "Although our net debt to EBITDA (pre-tax profit) ratio rose to 1.33x in March 2025, we anticipate higher volume growth and an improving EBITDA profile to reduce this rapidly," its Managing Director K C Jhanwar said while addressing the shareholders. Like other ceme

Updated On: 28 Jul 2025 | 10:56 PM IST

CCIL invites bid from investors for non-operating unit in MP's Nayagaon

CCIL is 100 per cent owned by the government. It was established with the objective of setting up cement factories to help achieve self-sufficiency in cement production

Updated On: 06 Mar 2019 | 4:04 PM IST

Govt nod to Cement Corp of India revival, non-operating units' closure

But the govt was silent on the sale of the non-operating units

Updated On: 19 Jul 2017 | 6:13 PM IST