https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=UltraTech_CementUltraTech Cement - Revision history2026-08-07T07:31:19ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=UltraTech_Cement&diff=274177&oldid=prev->Ptrnext: /* Mergers and acquisitions */ use {{INR}}2021-12-28T04:11:55Z<p><span class="autocomment">Mergers and acquisitions: </span> use {{INR}}</p>
<p><b>New page</b></p><div>{{short description|Indian cement company}}<br />
{{Use dmy dates|date=November 2018}}{{Use Indian English|date=November 2018}}<br />
{{Infobox company<br />
| name = UltraTech Cement Limited<br />
| logo = Ultratech Cement Logo.svg<br />
| image = <br />
| type = [[Public company|Public]]<br />
| traded_as = {{Unbulleted list|{{BSE|532538}}|{{NSE|ULTRACEMCO}}|[[BSE SENSEX|BSE SENSEX Constituent]]|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}<br />
| industry = [[Building material]]s<br />
| foundation = 1983<br />
| location = [[Mumbai]], [[Maharashtra]], India<br />
| key_people = K.C.Jhanwar, Managing Director<ref name=":0" /><br />
| products = [[Cement]]<br />
| revenue = {{Increase}} {{INRConvert|42772.60|c}} <ref name=pnl>{{Cite web|title=UltraTech Cement Consolidated Profit & Loss account, UltraTech Cement Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/ultratechcement/consolidated-profit-lossVI/utc01|access-date=2020-08-14|website=www.moneycontrol.com|language=en}}</ref><br />
| revenue_year = 2020<br />
| operating_income = {{Increase}} {{INRConvert|5243.53|c}} <ref name=pnl/><br />
| income_year = 2020<br />
| net_income = {{Increase}} {{INRConvert|5814.84|c}} <ref name=pnl/><br />
| net_income_year = 2020<br />
| assets = {{Increase}} {{INRConvert|79337.13|c}} <ref name=bs>{{Cite web|title=UltraTech Cement Consolidated Balance Sheet, UltraTech Cement Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/ultratechcement/consolidated-balance-sheetVI/utc01|access-date=2020-08-14|website=www.moneycontrol.com|language=en}}</ref><br />
| assets_year = 2020<br />
| equity = {{Increase}} {{INRConvert|39115.48|c}} <ref name=bs/><br />
| equity_year = 2020<br />
| num_employees = 22,000<br />
| parent = [[Aditya Birla Group]]<br />
| website = {{URL|www.ultratechcement.com}}<br />
}}<br />
<br />
'''UltraTech Cement Limited''' is an Indian cement company based in [[Mumbai]], and a part of [[Aditya Birla Group]].<ref>{{cite web|url=http://www.topnews.in/companies/ultratech-cement |title=Ultratech Cement &#124; TopNews |publisher=Topnews.in |access-date=2010-07-16}}</ref> UltraTech is the largest manufacturer of grey cement, [[ready-mix concrete]] (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum. It is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China.<br />
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== History ==<br />
In February 2016, [[Bombay High Court]] rejected UltraTech's plan to acquire two cement plants from [[Jaiprakash Associates]]. In 2015 the court passed the [[Mines and Minerals (Development and Regulation) Amendment Act, 2015|Mines and Mineral Development and Regulation Act]] after which the company began to make plans to acquire several cement plants as a whole by acquiring [[Jaiprakash Associates]].<ref>{{Cite news|url=http://economictimes.indiatimes.com/industry/indl-goods/svs/cement/bombay-high-court-rejects-ultratech-cements-plan-to-buy-jp-associates-plants-in-mp/articleshow/51162285.cms|title=Bombay High Court rejects UltraTech Cement's plan to buy JP Associates’ plants in MP|date=2016-02-27|work=The Economic Times|access-date=2017-09-26}}</ref><ref name=":0">{{Cite news|url=http://www.thehindu.com/news/cities/Vijayawada/ultratech-cement-sets-foot-in-state/article19366992.ece|title=UltraTech Cement sets foot in AP|author=Staff Reporter|date=2017-07-27|work=The Hindu|access-date=2017-09-26|language=en-IN|issn=0971-751X}}</ref><br />
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== Operations ==<br />
{{unsourced section|date=December 2021}}<br />
[[File:Ultra Tech Cement plant at Jafrabad.jpg|thumb|UltraTech Cement plant at [[Jafrabad]], [[Gujarat]]]]<br />
UltraTech Cement has 23 integrated plants, 1 clinkerisation plant, 26 grinding units and 7 bulk terminals. Its operations span across India, UAE, Bahrain and Sri Lanka.<br />
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In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has a white cement plant with a capacity of 0.68 MTPA and 2 WallCare putty plants with a combined capacity of 0.85 MTPA.<br />
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With 100+ Ready Mix Concrete (RMC) plants in 39 cities, UltraTech is the largest manufacturer of concrete in India.<br />
<br />
== Mergers and acquisitions ==<br />
2013 - Acquired [[Jaypee Group]]'s Gujarat cement unit for {{INR}}3,800 cr.<ref>{{Cite web|date=2013-09-11|title=UltraTech acquires Jaypee Cement unit for Rs. 3,800 cr|url=https://www.hindustantimes.com/business/ultratech-acquires-jaypee-cement-unit-for-rs-3-800-cr/story-4RyHojaPqDACPjjeRhVt8H.html|access-date=2021-03-04|website=Hindustan Times|language=en}}</ref><br />
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2017 - Acquired [[Jaiprakash Associates]]'s six integrated cement plants for {{INR}}16,189 cr.<ref>{{Cite news|title=UltraTech completes acquisition of Jaiprakash group cement business|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-completes-acquisition-of-jaiprakash-group-cement-business/articleshow/59372842.cms?from=mdr|access-date=2021-03-04}}</ref><br />
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2018 - Entered into a scheme of arrangement with [[Century Textile and Industries]] to demerge Century's cement business into ultratech.<ref>{{Cite web|last=Jain|first=Aniruddha|date=2018-06-18|title=UltraTech acquires Century Textiles' cement business {{!}} M&A Critique|url=https://mnacritique.mergersindia.com/century-textiles-industries-demerger-ultratech-cement/|access-date=2021-03-04|language=en-US}}</ref><br />
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Nov 2018 - Acquired [[Binani Cement]] for {{INR}}7,266 cr.<ref>{{Cite web|title=BCL auction: UltraTech to buy Binani Cement for Rs 7,266 crore, seeks end to insolvency proceedings|url=https://www.businesstoday.in/current/corporate/bcl-auction-ultratech-to-buy-binani-cement-for-rs-7266-crore/story/272974.html|access-date=2021-03-04|website=www.businesstoday.in}}</ref><ref>{{Cite news|last=Gaur|first=Vatsala|title=Ultratech Cement makes Binani its subsidiary|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-cement-makes-binani-its-subsidiary/articleshow/66708386.cms?from=mdr|access-date=2021-03-04}}</ref><br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
* {{official}}<br />
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{{Aditya Birla Group}}<br />
{{Nifty 200 companies}}<br />
{{S&P CNX Nifty companies}}<br />
{{BSE Sensex}}<br />
<br />
[[Category:Cement companies of India]]<br />
[[Category:Manufacturing companies based in Mumbai]]<br />
[[Category:Manufacturing companies established in 1983]]<br />
[[Category:Aditya Birla Group]]<br />
[[Category:NIFTY 50]]<br />
[[Category:Indian brands]]<br />
[[Category:BSE SENSEX]]<br />
[[Category:1983 establishments in Maharashtra]]<br />
[[Category:Indian companies established in 1983]]<br />
[[Category:Companies listed on the National Stock Exchange of India]]<br />
[[Category:Companies listed on the Bombay Stock Exchange]]</div>->Ptrnext