UltraTech Cement is on track to surpass 200 million tonnes per annum (MTPA) in production capacity by the end of the current financial year—well ahead of its initial target for FY27—Chairman Kumar Mangalam Birla said at the company’s Annual General Meeting. With this milestone, UltraTech is positioned to become the largest cement producer globally outside of China, he added.
During FY25, the company expanded its capacity by 42.6 MTPA, including 16.3 MTPA through organic growth and 26.3 MTPA via acquisitions of India Cements and the cement division of Kesoram Industries. As of March 2025, UltraTech’s consolidated capacity reached 188.8 MTPA.
In the first quarter of FY26, an additional 3.5 MTPA of grey cement capacity was added, bringing the total to 192.26 MTPA. The company expects to cross the 200 MTPA threshold within the same fiscal year, reflecting an acceleration in both expansion and market presence.
Birla pointed to India’s macroeconomic outlook, highlighting projected GDP growth of 6.5% for FY25 and strong performance in the construction and manufacturing sectors, which supported 7.4% growth in the March quarter. Despite global economic uncertainties, he said India remains well-positioned to maintain its status as the fastest-growing major economy through FY26.
UltraTech’s net revenue for FY25 stood at ₹75,955 crore (approximately USD 8.9 billion), while sales volumes reached 135.83 million tonnes, marking over 14% year-on-year growth. The company operates a network of 34 integrated plants, 30 grinding units, and 9 bulk terminals, covering over 80% of India’s geography through a wide distribution network of more than 1.45 lakh channel partners. This extensive footprint enables UltraTech to meet demand across both urban and rural markets—from major infrastructure projects to last-mile road development.
Commenting on industry trends, Mr Birla noted that the construction sector is expected to remain strong, supported by government initiatives such as Gati Shakti, expanded affordable housing programs, and the National Monetisation Pipeline. UltraTech’s expansion strategy comes amid rising competition in the cement sector. Adani Group, through Ambuja Cements, recently crossed 100 MTPA capacity in FY25 and has set a target of 118 MTPA by FY26, aiming for 140 MTPA by FY28, primarily through brownfield expansions and acquisitions.
UltraTech Cement, a part of the Aditya Birla Group, is India’s largest manufacturer of cement and one of the leading producers globally. Known for its high-quality products, UltraTech Cement serves a wide range of sectors, including residential, commercial, and infrastructure development. The company offers a diverse portfolio of cement products such as ready-mix concrete, high-performance cements, and specialty solutions tailored to meet the needs of modern construction.
UltraTech is committed to sustainability and innovation, focusing on reducing its carbon footprint through energy-efficient technologies and eco-friendly practices. With a strong presence in over 20 countries, UltraTech Cement continues to lead the industry by delivering durable, reliable, and sustainable building materials that contribute to shaping the future of infrastructure worldwide.