- 28 Mar 2025
- ICICIdirect Research
ULTRATECH CEMENT HAS COMMISSIONED BROWNFIELD CEMENT CAPACITY OF 2.7 MTPA
ULTRACEMCO - 11641 Change: -228.00 (-1.92 %)News: UltraTech Cement has commissioned brownfield cement capacity of 2.7 mtpa (along with clinker capacity of 3.35 mtpa) at Madhya Pradesh. The company has also commissioned a 1.2 mtpa grinding unit in Maharashtra and 0.6 mtpa grinding unit in West Bengal. A new bulk terminal with capacity of 1.8 mtpa in Uttar Pradesh has also been commissioned by the company
View: These capacities have been commissioned on time and as per company's schedule. With these expansions, company's total cement capacity has reached 188.8 mtpa. Company remains aggressive in terms of adding capacities across regions through both organic and inorganic routes, aiming to improve its market share. The company targets to reach total cement capacity of ~215 mtpa by FY27 end (including India Cements and Kesoram) as ~26 mtpa of further expansions are under process and expected to be commissioned during FY26-27
Impact: Neutral