UltraTech To Be Largest Cement Seller Outside China
20 Aug 2025 CW Team
UltraTech Cement is set to become the world’s largest cement-selling company outside China, Aditya Birla Group Chairman Kumar Mangalam Birla announced at the company’s 25th Annual General Meeting. The achievement comes a year ahead of schedule, driven by strong capacity expansion and acquisitions.
Birla confirmed that nearly 70 per cent of the company’s capital expenditure is dedicated to growth, with UltraTech on track to cross 200 million tonnes per annum (MTPA) capacity in FY26, ahead of the original FY27 goal.
In FY25, UltraTech added 42.6 MTPA of capacity, comprising 16.3 MTPA through organic expansion and 26.3 MTPA via acquisitions, including India Cements and Kesoram Industries. This lifted consolidated capacity to 188.8 MTPA by March 2025, further increasing to 192.26 MTPA in Q1 FY26. The company now operates 34 integrated units, 30 grinding units and 9 bulk terminals, supported by over 145,000 channel partners covering 80 per cent of India’s geography.
Financially, UltraTech reported net revenue of Rs 76.0 billion and EBITDA of Rs 13.3 billion in FY25. Sales volumes rose 14 per cent year-on-year to 135.8 million tonnes. In Q1 FY26, revenue climbed to Rs 21.3 billion, EBITDA surged 44 per cent to Rs 4.6 billion, and profit after tax increased 49 per cent to Rs 2.2 billion. The Board proposed a dividend of Rs 77.50 per share, amounting to Rs 2.3 billion.
On sustainability, UltraTech became one of India’s first industrial companies to achieve 1 GW of renewable energy capacity for captive use in FY25. Its green energy capacity stood at 1,371 MW, meeting 46 per cent of its power needs. The company cut net carbon emissions to 549 kg per tonne of cement, down from 632 kg in 2017, and committed to a 27 per cent reduction in Scope 1 CO₂ emissions by 2032 under the GCCA Net Zero Roadmap. UltraTech also reported being 4.9 times water positive, harvesting over 120 million cubic metres of water, with 92 per cent of its integrated units implementing biodiversity management plans.
Birla underlined that the company’s growth aligns with India’s strong macroeconomic performance, citing GDP growth of 6.5 per cent in FY25 and continued momentum in construction through public infrastructure projects, housing, and the National Manufacturing Mission.
He concluded by reaffirming the Group’s philosophy: “Business has the potential to be a force for good. UltraTech, as our flagship, embodies this in both spirit and action.”