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    ULTRACEMCO   INE481G01011

ULTRATECH CEMENT LIMITED

(ULTRACEMCO)
  Report
Delayed Quote. Delayed NSE India Stock Exchange - 12/03 06:25:29 am
7332.45 INR   +0.13%
12/03GENERAL ANNOUNCEMENT : :Allotment of ESOS
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12/02GENERAL ANNOUNCEMENT : :Investor meeting and Presentation
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12/01Indian Indices Settle in Green Midweek; IndusInd Bank Soars 6%
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General Announcement::Financial Results 30.09.2021 - minor correction

10/18/2021 | 10:22am EST

₹ in Crores

Statement of Unaudited Consolidated Financial Results for the Three Months and Six Months Ended 30/09/2021

Sr. Particulars

Three Months Ended

Six Months Ended

Year Ended

No.

30/09/2021

30/06/2021

30/09/2020

30/09/2021

30/09/2020

31/03/2021

(Unaudited)

(Unaudited

(Unaudited)

- Restated)

(Audited)

[Refer Note 3]

I

Continuing Operations:

1

Revenue from Operations

12,016.78

11,829.84

10,387.14

23,846.62

18,058.19

44,725.80

2

Other Income

140.05

204.87

134.98

344.92

413.81

734.17

3

Total Income (1+2)

12,156.83

12,034.71

10,522.12

24,191.54

18,472.00

45,459.97

4

Expenses

(a) Cost of Materials Consumed

1,731.36

1,550.76

1,349.67

3,282.12

2,191.61

5,793.67

(b)

Purchases of Stock-in-Trade

215.45

243.44

181.63

458.89

311.65

841.99

(c) Changes in Inventories of Finished Goods, Stock-in-Trade and Work-in-Progress

(216.86)

(343.70)

144.49

(560.56)

376.24

450.15

(d)

Employee Benefits Expense

679.53

584.88

566.30

1,264.41

1,129.25

2,353.02

(e)

Finance Costs

229.98

326.11

357.88

556.09

752.20

1,485.65

(f)

Depreciation and Amortisation Expense

677.40

659.80

677.09

1,337.20

1,328.30

2,700.23

(g)

Power and Fuel

2,520.00

2,427.42

1,845.04

4,947.42

3,225.58

8,331.18

(h) Freight and Forwarding Expenses

2,673.30

2,648.19

2,299.55

5,321.49

3,907.09

10,043.32

(i)

Other Expenses

1,699.27

1,411.36

1,302.78

3,110.63

2,141.41

5,344.56

Total Expenses

10,209.43

9,508.26

8,724.43

19,717.69

15,363.33

37,343.77

5

Profit before Exceptional Items, Share in Profit/(Loss) of Associates & Joint Venture and Tax (3-4)

1,947.40

2,526.45

1,797.69

4,473.85

3,108.67

8,116.20

6

Exceptional Items (Refer Note 5)

-

-

(64.55)

-

(221.92)

(260.74)

7

Share in Profit / (Loss) of Associates and Joint Venture (net of tax)

0.08

0.49

0.16

0.57

(0.07)

2.18

8

Profit before tax from continuing operations (5+6+7)

1,947.48

2,526.94

1,733.30

4,474.42

2,886.68

7,857.64

  • Tax Expense of continuing operations

Current tax

611.98

804.48

317.67

1,416.46

527.93

1,415.05

Deferred tax charge

25.16

22.43

248.48

47.59

398.52

1,123.65

10

Net Profit for the period from continuing operations (8-9)

1,310.34

1,700.03

1,167.15

3,010.37

1,960.23

5,318.94

Profit / (Loss) attributable to Non-Controlling Interest

(3.19)

(2.60)

0.73

(5.79)

(0.39)

(1.25)

Profit attributable to the Owners of the Parent

1,313.53

1,702.63

1,166.42

3,016.16

1,960.62

5,320.19

II

Discontinued Operations:

Profit before tax from discontinued operations

80.51

70.62

(23.33)

151.13

1.99

17.35

Exceptional Items- Net (Refer Note 4)

-

-

166.50

-

166.50

166.50

11

Profit before Tax from Discontinued Operations after exceptional items

80.51

70.62

143.17

151.13

168.49

183.85

Less : (Provision) for Impairment of disposal group classified as held for sale

(77.90)

(74.80)

-

(152.70)

(17.92)

(25.73)

Tax expenses of discontinued operations

2.61

(4.18)

0.26

(1.57)

7.66

15.21

12

Net Profit for the period from discontinued operations

-

-

142.91

-

142.91

142.91

13

Net Profit for the period (10+12)

1,310.34

1,700.03

1,310.06

3,010.37

2,103.14

5,461.85

Profit / (Loss) attributable to Non-Controlling Interest

(3.19)

(2.60)

0.73

(5.79)

(0.39)

(1.25)

Profit attributable to the Owners of the Parent

1,313.53

1,702.63

1,309.33

3,016.16

2,103.53

5,463.10

14

Other Comprehensive Income

Items that will not be reclassified to profit or loss

-

-

-

-

-

79.34

Income tax relating to items that will not be reclassified to profit or loss

-

-

-

-

-

(28.82)

Items that will be reclassified to profit or loss

108.42

9.78

(16.33)

118.20

(30.58)

(30.61)

Income tax relating to items that will be reclassified to profit or loss

(27.58)

3.25

(1.77)

(24.33)

0.09

(3.31)

Other Comprehensive Income / (Loss) for the period

80.84

13.03

(18.10)

93.87

(30.49)

16.60

Other Comprehensive Income attributable to Non-Controlling Interest

(0.02)

0.08

(0.15)

0.06

(0.03)

(0.55)

Other Comprehensive Income / (Loss) attributable to Owners of the Parent

80.86

12.95

(17.95)

93.81

(30.46)

17.15

15

Total Comprehensive Income for the period (13+14)

1,391.18

1,713.06

1,291.96

3,104.24

2,072.65

5,478.45

Total Comprehensive Income / (Loss) attributable to Non-Controlling Interest

(3.21)

(2.52)

0.58

(5.73)

(0.42)

(1.80)

Total Comprehensive Income attributable to Owners of the Parent

1,394.39

1,715.58

1,291.38

3,109.97

2,073.07

5,480.25

16

Paid-up Equity Share Capital (face value ₹ 10/- per share)

288.66

288.65

288.63

288.66

288.63

288.65

17

Other Equity

43,886.03

18

Earnings per equity share (of ₹ 10/- each) (Not Annualised):

(a)

Basic - Continuing operations

45.54

59.02

40.44

104.58

67.98

184.44

(b)

Diluted - Continuing operations

45.52

59.00

40.43

104.53

67.96

184.38

(c)

Basic - Discontinued operations

-

-

4.95

-

4.95

4.95

(d)

Diluted - Discontinued operations

-

-

4.95

-

4.95

4.95

(e)

Basic - Continuing & discontinued operations

45.54

59.02

45.39

104.58

72.93

189.40

(f)

Diluted - Continuing & discontinued operations

45.52

59.00

45.39

104.53

72.92

189.33

Page : 1/4

Notes:

  1. During the three months ended 30/09/2021, the Nomination, Remuneration and Compensation Committee of the Board of Directors of the Company granted 82,553 Stock Options, comprising of 63,684 Options and 18,869 Restricted Stock Units ("RSUs") on 22/07/2021 under the Company's Employee Stock Option Scheme - 2018 ("ESOS - 2018"). The Exercise Price for the Options is Rs. 7,424.70/- per option. The exercise price for the RSUs is ₹ 10/- per RSU.
  2. During the three months ended 30/09/2021, the Company has allotted 5,118 equity shares of ₹ 10/- each to the option grantees upon exercise of options and restricted stock units under the Company's Employees Stock Option Scheme - 2013. As a result of such allotment, the paid- up equity share capital of the Company has increased from 28,86,54,448 equity shares of ₹ 10/- each to 28,86,59,566 equity shares of ₹ 10/- each.
  3. The Consolidated financial results for the six months ended 30/09/2020 as included in the Statement have been restated to give the effect of reclassification of the financial results of Star Super Cement Industries LLC, since 23/11/2020 it ceased to be classified as 'held for sale'.
  4. During the three months ended 30/09/2020, UltraTech Nathdwara Cement Ltd. ("UNCL") through its subsidiary, Krishna Holdings Pte. Ltd, ("Krishna"), a company incorporated in Singapore had completed the divestment of its entire equity shareholding of 92.5% in its cement subsidiary at a net consideration of USD 94.70 million and has recorded net gain on divestment of ₹ 437.68 Crores. Consequent to 3B Binani Glassfibre SARL, ("3B") becoming a wholly owned subsidiary of UNCL w.e.f 12/03/2021 an impairment provision of ₹ 271.18 Crores which was made during the three months ended 30/09/2020 for a loan receivable (asset held for sale) from 3B based on the realizable value has been reclassified from continuing operations to discontinued operations.
  5. Exceptional item represents an amount of ₹ 6.63 Crores for the three months ended 30/09/2020 and ₹ 164 Crores for the six months ended 30/09/2020 and year ended 31/03/2021 as one-time expense upon receiving an order dated 17/07/2020, issued by the Hon'ble Supreme Court denying the Company's claim of capital investment subsidy sanctioned in 2010 under Rajasthan Investment Promotion Scheme -2003. Further, an impairment provision of ₹ 57.92 Crores had been made during the three months and six months ended 30/09/2020 and ₹ 96.74 Crores during the year ended 31/03/2021 towards old advances for purchase of certain land wherein the Company has reassessed its ability to recover such advances.
  6. The Company had filed appeals against the orders of the Competition Commission of India (CCI) dated 31/08/2016. National Company Law Appellate Tribunal ("NCLAT") disallowed the appeal against the CCI order dated 31/08/2016 filed by the Company. Hon'ble Supreme Court has, by its order dated 05/10/2018, granted a stay against the NCLAT order. Consequently, the Company has deposited an amount of ₹
    144.95 Crores equivalent to 10% of the penalty amount (including the acquired Cement Division of Century Textiles and Industries Limited ). UltraTech Nathdwara Cement Ltd (UNCL) has also filed an appeal in the Hon'ble Supreme Court against a similar CCI order dated 31/08/2016 and has deposited an amount of ₹ 16.73 Crores equivalent to 10% of the penalty amount. The Company, backed by legal opinions, believes that it has a good case in said matters and accordingly no provision has been made in the accounts.
  7. Statement of Assets and Liabilities:
    • in Crores

Sr.

Particulars

As at 30/09/2021

As at 31/03/2021

No

(Unaudited)

(Audited)

(A)

ASSETS

1 Non-Current Assets

41,785.59

42,291.09

Property, Plant and Equipment

Capital Work-in-Progress

2,953.03

1,680.96

Right-of-Use Assets

1,268.93

1,334.26

Goodwill

6,233.89

6,219.85

Other Intangible Assets

5,497.89

5,566.41

Intangible Assets under development

6.28

5.72

Investments Accounted using Equity Method

29.37

28.80

Financial Assets:

1,234.41

1,255.44

Investments

Loans

7.67

4.54

Other Financial Assets

803.53

717.18

Income Tax Assets (Net)

353.97

314.31

Deferred Tax Assets (Net)

16.25

7.16

Other Non-Current Assets

3,144.30

2,707.50

Sub-TotalNon-Current Assets

63,335.11

62,133.22

2

Current Assets

5,413.55

4,017.97

Inventories

Financial Assets:

5,520.51

10,893.87

Investments

Trade Receivables

2,629.52

2,571.73

Cash and Cash Equivalents

85.83

177.21

Bank Balances other than Cash and Cash Equivalents

1,170.04

1,830.34

Loans

4.66

5.22

Other Financial Assets

2,290.96

2,009.08

Current Tax Assets (Net)

0.09

0.10

Other Current Assets

1,417.42

1,548.17

Sub-Total Current Assets

18,532.58

23,053.69

Non-Current Assets/ Disposal Group held for sale

1,340.06

996.60

TOTAL - ASSETS

83,207.75

86,183.51

(B)

EQUITY AND LIABILITIES

(I)

EQUITY

288.66

288.65

Equity Share Capital

Other Equity

45,874.16

43,886.03

Share Application Money Pending Allotment

0.04

-

Non-Controlling Interest

(0.01)

5.72

(II)

LIABILITIES

1 Non-Current Liabilities:

Financial Liabilities:

8,268.49

13,548.45

Borrowings

Lease Liabilities

1,077.16

1,119.05

Other Financial Liabilities

318.38

332.19

Provisions

371.08

365.49

Deferred Tax Liabilities (Net)

6,121.60

6,040.68

Other Non-Current Liabilities

4.91

5.53

Sub-Total - Non Current Liabilities

16,161.62

21,411.39

2

Current Liabilities

Financial Liabilities:

5,775.39

6,939.32

Borrowings

Lease Liabilities

117.21

112.57

Trade payables

66.69

69.33

Total Outstanding Dues of Micro Enterprises and Small Enterprises

Total Outstanding Dues of Creditors other than Micro Enterprises and Small Enterprises

4,890.52

4,363.51

Other Financial Liabilities

3,082.85

2,771.14

Other Current Liabilities

4,087.16

4,858.30

Provisions

486.56

521.85

Current Tax Liabilities (Net)

1,384.72

711.74

Sub-Total - Current Liabilities

19,891.10

20,347.76

Non-Current Liabilities/ Disposal Group held for sale

992.18

243.96

TOTAL - EQUITY AND LIABILITIES

83,207.75

86,183.51

Page : 2/4

8. Statement of Cash Flow

₹ in Crores

Sr

Particulars

Six Months

Six Months

No

ended

ended

30/09/2021

30/09/2020

(Unaudited

(Unaudited)

- Restated)

[Refer Note 3]

(A)

Cash Flow from Operating Activities:

Profit Before tax

4,474.42

2,886.68

Adjustments for:

1,337.20

1,328.30

Depreciation and Amortisation

Gain on Fair Valuation of Investments

(130.13)

(325.02)

Gain on Fair Valuation of VAT Deferment Loan

-

(48.83)

Unrealised Exchange Loss / (Gain)

16.03

(0.31)

Share in (Profit) / Loss on equity accounted investment

(0.57)

0.07

Compensation Expenses under Employees Stock Options Scheme

7.64

6.65

Allowances for credit losses on Advances / debts (net)

1.25

27.20

Bad Debts Written-off

1.61

0.08

Excess Provision / unclaimed liabilities written back (net)

(57.10)

(47.09)

Provision for Rates and Taxes (Exceptional Item) - (Refer Note 5)

-

136.57

Impairment on Advances Given (Exceptional Item) - (Refer Note 5)

-

57.92

Interest Income

(92.51)

(38.58)

Finance Costs

556.09

752.20

Profit on Sale / Retirement of Property, Plant and Equipment (net)

(1.90)

(0.02)

Profit on Sale of Current and Non-Current Investments (net)

(103.30)

(11.95)

6,008.73

4,723.87

Movements in working capital:

(Decrease) / Increase in Trade payables and other Liabilities

(50.79)

273.21

Increase in Provisions

18.98

12.52

(Increase) / Decrease in Trade Receivables

(73.65)

13.76

(Increase) / Decrease in Inventories

(1,402.40)

229.31

(Increase) / Decrease in Financial and Other Assets

(252.87)

269.15

Cash generated from Operations

4,248.00

5,521.82

Taxes paid (net of refund)

(783.13)

(403.41)

Net Cash generated from Operating Activities (A)

3,464.87

5,118.41

(B)

Cash Flow from Investing Activities:

(2,146.33)

(518.01)

Purchase of Property, Plant and Equipment

Sale of Property, Plant and Equipment

22.84

8.51

Payment for Cost of transfer of Assets

(60.13)

(2.71)

Purchase of Liquid Investment (net)

(491.60)

(1.35)

Purchase of Investments

(3,093.32)

(4,113.81)

Sale of Investments

9,242.66

600.06

Redemption of Non-Current Bank deposits

0.02

63.16

Investment in Joint Venture and Associates

-

(3.42)

Redemption/ (Investment) in Other Bank deposits

637.52

(143.48)

Investment in other Corporate Bodies

(7.14)

(17.61)

Interest Received

65.33

36.18

Net Cash generated from / (used in) Investing Activities (B)

4,169.85

(4,092.48)

(C)

Cash Flow from Financing Activities:

1.83

1.02

Proceeds from Issue of Share Capital on exercise of ESOS

Purchase of Treasury Shares

(55.43)

-

Issue of Treasury Shares

-

0.45

Repayment of Non-Current Borrowings

(6,640.88)

(1,418.51)

Proceeds from Non-Current Borrowings

82.28

74.24

Proceeds from Current Borrowings (net)

131.25

1,105.90

Repayment of Lease Liability

(51.62)

(60.40)

Payment of Interest on Lease Liability

(26.12)

(21.16)

Interest Paid

(507.92)

(704.30)

Dividend Paid

(1,064.38)

(374.55)

Net Cash used in Financing Activities ( C )

(8,130.99)

(1,397.31)

(D) Net Decrease in Cash and Cash Equivalents from Continuing Operations (A+B+C)

(496.27)

(371.38)

(E)

Net Cash Flow Transferred from Discontinued Operations to Continuing Operations on

405.13

742.17

account of Proceeds from Disposal Group Held for Sale

(F)

Cash and Cash Equivalents as at beginning of the period from Continuing Operations

177.21

147.23

(G)

Effect of Exchange rate fluctuation on Cash and Cash Equivalents

(0.24)

0.08

(H) Cash and Cash Equivalents at the end of the period from Continuing Operations

85.83

518.10

(I)

Cashflow from Discontinuing Operations:

-

31.12

Opening Cash & Cash Equivalents

Cash flows from Operating activities of discontinued operations

-

3.00

Cash flows from Investing activities of discontinued operations

-

740.32

Cash flows from Financing activities of discontinued operations

405.13

(32.27)

Net Increase in Cash and Cash Equivalents from Discontinued Operations

405.13

711.05

Net Cash Flow Transferred from Discontinued Operations to Continuing Operations on account of

(405.13)

(742.17)

Proceeds from Disposal Group Held for Sale

Closing Cash & Cash Equivalents from Discontinued operations

-

-

Reclassified to disposal group held for sale

-

-

Cashflow from Discontinuing Operations (I)

-

-

(J)

Cash and Cash Equivalents at the end of the Period

85.83

518.10

Page : 3/4

9. Additional disclosures as per Clause 52 (4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Sr.

Particulars

Three Months Ended

Six Months Ended

Year Ended

No.

30/09/2021

30/06/2021

30/09/2020

30/09/2021

30/09/2020

31/03/2021

(a)

Outstanding redeemable preference shares (1,00,010 shares of ₹ 1,00,000/- each)

1,000.10

1,000.10

1,000.10

1,000.10

1,000.10

1,000.10

(b)

Debenture Redemption Reserve (₹ in Crores)

247.50

247.50

247.50

247.50

247.50

247.50

(c)

Securities Premium ( ₹ in Crores)

5,472.69

5,470.10

5,458.85

5,472.69

5,458.85

5,469.67

(d)

Net Worth ( ₹ in Crores)

46,162.85

45,897.48

40,756.97

46,162.85

40,756.97

44,180.40

(e)

Net Profit after Tax from continuing and discontinued operations (₹ in Crores)

1,310.34

1,700.03

1,310.06

3,010.37

2,103.14

5,461.85

(f)

Basic Earnings per Share- Continuing & discontinued operations (Not annualised)

45.54

59.02

45.39

104.58

72.93

189.40

(g)

Diluted Earnings per Share- Continuing & discontinued operations (Not annualised)

45.52

59.00

45.39

104.53

72.92

189.33

(h)

Debt-Equity ratio (times) [Total Debt/Equity]

0.30

0.42

0.56

0.30

0.56

0.46

Long term Debt to Working Capital (times)

(i)

[(Non-Current Borrowings + Current Maturities of Long Term Debt)/

2.19

1.52

2.34

2.19

2.34

1.69

Net Working Capital excl. Current Borrowings]

(j)

Total Debts to Total Assets ratio (%)

17%

22%

28%

17%

28%

24%

[(Short term debt + Long term debt)/Total Assets]

Debt Service Coverage ratio (times)

(k)

[(Profit After Tax + Interest + Depreciation + Loss/(Gain) on Sale of Fixed Assets)/

4.07

1.58

1.36

2.19

1.84

3.04

(Gross Interest + Lease Payment + Repayment of Long term debt excl. prepayments)]

Interest Service Coverage ratio (times)

(l)

[(Profit After Tax + Interest + Depreciation + Loss/ (Gain) on Sale of Fixed Assets)/

8.85

8.70

6.34

8.77

5.56

6.54

Gross Interest]

(m)

Current ratio (times)

1.31

1.71

1.67

1.31

1.67

1.72

(Current Assets/Current Liabilities excl. Current Borrowings)

(n)

Bad debts to Account receivable ratio (%)

0.00%

0.12%

0.36%

0.12%

0.37%

0.63%

[Bad Debts/Average Trade Receivable)

(o)

Current liability ratio (%)

38%

34%

28%

38%

28%

32%

(Current Liabilities excl. Current Borrowings / Total Liabilities)

(p)

Debtors Turnover (times)

17.92

18.05

17.41

18.03

15.15

17.86

[(Sales of Products and Services/Average Trade Receivable)]- Annualised

(q)

Inventory Turnover (times)

8.90

10.22

10.10

9.94

8.79

10.79

[(Sales of Products and Services/Average inventory)]- Annualised

Operating Margin (in %)

(r)

[(Profit before Depreciation, Interest, Tax and Exceptional item Less Other Income)/Sales of

23%

28%

26%

26%

27%

26%

Products and Services]

(s)

Net Profit Margin (%)

11%

15%

11%

13%

11%

12%

(Profit after tax/Sales of Products and Services)]

  1. The Company is exclusively engaged in the business of cement and cement related products.
  2. The figures for the previous year / periods have been regrouped wherever necessary.
  3. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 18/10/2021.

For and on behalf of the Board of Directors

Mumbai

K.C. Jhanwar

Date: 18/10/2021

Managing Director

UltraTech Cement Limited

Regd Office: 2nd Floor, 'B' Wing, Ahura Centre, Mahakali Caves Road, Andheri (E), Mumbai -400093

Tel: 022 - 66917800; Fax: 022 - 66928109; Website: www.ultratechcement.com; CIN: L26940MH2000PLC128420

An Aditya Birla Group Company

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UltraTech Cement Ltd. published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 14:21:03 UTC.


ę Publicnow 2021
All news about ULTRATECH CEMENT LIMITED
12/03GENERAL ANNOUNCEMENT : :Allotment of ESOS
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12/02GENERAL ANNOUNCEMENT : :Investor meeting and Presentation
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12/01Indian Indices Settle in Green Midweek; IndusInd Bank Soars 6%
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11/30Ultratech Cement Begins Coal Mining in Madhya Pradesh, India
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11/25GENERAL ANNOUNCEMENT : :Press Release
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11/08Indian Indices Close Higher on Monday; IndusInd Bank Plummets 10%
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10/29Indian Indices Close the Week in Red; Tech Mahindra Tanks 4%
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10/28Indian Benchmarks Extend Loss on Thursday; Adani Ports and Special Economic Zone Plunge..
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10/27GENERAL ANNOUNCEMENT : :Grant of Stock Options
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10/19ULTRATECH CEMENT LIMITED : - UltraTech announces Q2FY22 financial results
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More news
Analyst Recommendations on ULTRATECH CEMENT LIMITED
More recommendations
Financials
Sales 2022 534 B 7 103 M 7 103 M
Net income 2022 70 077 M 931 M 931 M
Net Debt 2022 44 763 M 595 M 595 M
P/E ratio 2022 30,1x
Yield 2022 0,59%
Capitalization 2 115 B 28 109 M 28 113 M
EV / Sales 2022 4,04x
EV / Sales 2023 3,56x
Nbr of Employees -
Free-Float 40,3%
Chart ULTRATECH CEMENT LIMITED
Duration : Period :
UltraTech Cement Limited Technical Analysis Chart | ULTRACEMCO | INE481G01011 | MarketScreener
Technical analysis trends ULTRATECH CEMENT LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 7 332,45 INR
Average target price 8 366,86 INR
Spread / Average Target 14,1%
EPS Revisions
Managers and Directors
Kailash Chandra Jhanwar Director & Managing Director
Atul Satish Daga Chief Financial Officer & Executive Director
Kumar Mangalam Birla Non-Executive Chairman
Pramod Rajgaria President-International Operations
Sanjeeb Kumar Chatterjee Secretary & Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
ULTRATECH CEMENT LIMITED38.66%28 109
CRH PLC25.87%37 298
MARTIN MARIETTA MATERIALS, INC.45.76%25 475
VULCAN MATERIALS COMPANY29.03%25 396
GRASIM INDUSTRIES LIMITED83.64%14 874
HEIDELBERGCEMENT AG-1.34%13 162