List of Best Cement Stocks in India
Cement stocks in India are important for the growing construction sector. India produces over 500 mn tons of cement annually, making it the second-largest producer globally. The sector is set for further growth in FY2025, thanks to government infrastructure projects and rising demand. Cement companies are also focusing on sustainability, making them attractive to investors seeking to capitalise on the construction boom.
Best Cement Sector Stocks in India (2026)
Cement Stock Screener
Cement Stock Screener: Analyse & Filter Indian Stocks on Tickertape
Created by
@tickertapetickertapeShowing 1 - 20 of 44 results
last updated at 6:30 AM IST
| NameStocks (44)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UltraTech Cement LtdULTRACEMCO | CementCement | 3,63,818.913,63,818.91 | 12,589.0012,589.00 | 60.2460.24 | 1.781.78 | 7.247.24 | 2.852.85 | 12.0112.01 | 4.924.92 | 9.009.00 | 9.069.06 | 0.630.63 | 0.330.33 | 1.591.59 | |
| 2. | Grasim Industries LtdGRASIM | CementCement | 1,87,183.351,87,183.35 | 2,856.202,856.20 | 50.5150.51 | 3.523.52 | 1.161.16 | 4.734.73 | 16.2016.20 | 1.191.19 | 2.502.50 | 5.945.94 | 0.360.36 | 1.181.18 | 1.701.70 | |
| 3. | Ambuja Cements LtdAMBUJACEM | CementCement | 1,28,188.771,28,188.77 | 532.25532.25 | 30.7630.76 | 2.632.63 | -3.80-3.80 | -12.90-12.90 | -0.50-0.50 | 2.012.01 | 7.277.27 | 9.159.15 | 0.380.38 | 0.010.01 | 1.751.75 | |
| 4. | Shree Cement LtdSHREECEM | CementCement | 97,418.0297,418.02 | 27,220.0027,220.00 | 86.7786.77 | 0.810.81 | 3.563.56 | -11.32-11.32 | 8.318.31 | 4.514.51 | 5.315.31 | 6.686.68 | 0.410.41 | 0.050.05 | 1.591.59 | |
| 5. | J K Cement LtdJKCEMENT | CementCement | 42,779.5742,779.57 | 5,478.505,478.50 | 49.6849.68 | -1.05-1.05 | -3.30-3.30 | -14.92-14.92 | 14.4614.46 | 7.067.06 | 15.1415.14 | 13.3213.32 | 0.270.27 | 1.001.00 | 2.372.37 | |
| 6. | Dalmia Bharat LtdDALBHARAT | CementCement | 39,105.6339,105.63 | 2,107.102,107.10 | 57.2657.26 | 1.061.06 | -3.34-3.34 | -4.45-4.45 | 17.3317.33 | 2.232.23 | 4.024.02 | 4.874.87 | 0.430.43 | 0.330.33 | 1.911.91 | |
| 7. | ACC LtdACC | CementCement | 31,343.5731,343.57 | 1,687.901,687.90 | 13.0513.05 | 1.131.13 | -2.74-2.74 | -7.54-7.54 | -15.41-15.41 | 1.691.69 | 13.7713.77 | 16.3816.38 | 0.450.45 | 0.020.02 | 1.521.52 | |
| 8. | Ramco Cements LimitedRAMCOCEM | CementCement | 24,928.8524,928.85 | 1,071.301,071.30 | 91.4391.43 | 1.551.55 | 0.890.89 | -8.44-8.44 | 21.0821.08 | 3.353.35 | 3.713.71 | 6.496.49 | 0.190.19 | 0.630.63 | 1.911.91 | |
| 9. | JSW Cement LtdJSWCEMENT | CementCement | 15,594.4015,594.40 | 113.04113.04 | -136.70-136.70 | -2.97-2.97 | -4.71-4.71 | -22.61-22.61 | -22.61-22.61 | 3.653.65 | -2.72-2.72 | 4.974.97 | -- | 1.091.09 | 2.382.38 | |
| 10. | India Cements LtdINDIACEM | CementCement | 13,371.7313,371.73 | 453.95453.95 | -93.07-93.07 | 5.205.20 | 2.682.68 | 27.5027.50 | 64.1564.15 | 1.311.31 | -1.82-1.82 | 0.510.51 | -- | 0.110.11 | 3.133.13 | |
| 11. | Nuvoco Vistas Corporation LtdNUVOCO | CementCement | 12,495.1112,495.11 | 344.90344.90 | 572.12572.12 | -1.41-1.41 | -6.15-6.15 | -15.61-15.61 | 0.120.12 | 1.391.39 | 0.240.24 | 4.054.05 | -- | 0.450.45 | 2.332.33 | |
| 12. | JK Lakshmi Cement LtdJKLAKSHMI | CementCement | 9,861.419,861.41 | 774.60774.60 | 35.6235.62 | -2.49-2.49 | 0.660.66 | -17.07-17.07 | -6.05-6.05 | 2.782.78 | 8.108.10 | 8.918.91 | 0.780.78 | 0.740.74 | 2.382.38 | |
| 13. | RHI Magnesita India LtdRHIM | CementCement | 8,647.258,647.25 | 410.40410.40 | 42.7042.70 | -1.99-1.99 | -8.99-8.99 | -17.94-17.94 | -11.08-11.08 | 2.162.16 | 5.165.16 | 7.047.04 | 0.600.60 | 0.090.09 | 3.073.07 | |
| 14. | Star Cement LtdSTARCEMENT | CementCement | 8,560.958,560.95 | 212.19212.19 | 50.6550.65 | 0.180.18 | -5.54-5.54 | -6.56-6.56 | -1.18-1.18 | 2.972.97 | 6.056.05 | 8.018.01 | -- | 0.140.14 | 2.332.33 | |
| 15. | Birla Corporation LtdBIRLACORPN | CementCement | 7,923.857,923.85 | 1,013.901,013.90 | 26.8426.84 | -1.47-1.47 | -4.80-4.80 | -29.76-29.76 | -11.21-11.21 | 1.131.13 | 4.314.31 | 6.056.05 | 0.970.97 | 0.500.50 | 2.932.93 | |
| 16. | Prism Johnson LtdPRSMJOHNSN | CementCement | 6,050.356,050.35 | 118.65118.65 | 75.7075.70 | -1.29-1.29 | -14.33-14.33 | -24.09-24.09 | -9.79-9.79 | 3.063.06 | 4.294.29 | 5.905.90 | -- | 0.900.90 | 3.463.46 | |
| 17. | Heidelbergcement India LtdHEIDELBERG | CementCement | 3,662.073,662.07 | 165.73165.73 | 34.3134.31 | 2.562.56 | -4.31-4.31 | -21.16-21.16 | -26.91-26.91 | 2.622.62 | 7.457.45 | 10.8510.85 | 4.334.33 | 0.050.05 | 1.871.87 | |
| 18. | Orient Cement LtdORIENTCEM | CementCement | 3,262.293,262.29 | 162.71162.71 | 35.7635.76 | 2.482.48 | -4.58-4.58 | -33.19-33.19 | -51.17-51.17 | 1.801.80 | 5.145.14 | 7.357.35 | 0.310.31 | 0.040.04 | 2.732.73 | |
| 19. | Ramco Industries LtdRAMCOIND | CementCement | 2,629.132,629.13 | 308.20308.20 | 14.5314.53 | 1.801.80 | -2.96-2.96 | 9.029.02 | 28.0728.07 | 0.620.62 | 4.364.36 | 3.633.63 | 0.330.33 | 0.060.06 | 2.702.70 | |
| 20. | Sagar Cements LtdSAGCEM | CementCement | 2,436.002,436.00 | 184.05184.05 | -11.61-11.61 | -1.24-1.24 | -12.48-12.48 | -22.59-22.59 | -7.02-7.02 | 1.361.36 | -11.00-11.00 | -3.26-3.26 | -- | 0.810.81 | 2.832.83 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection criteria: Sub-sector: Cement | Market Cap: Sorted from Highest to Lowest
Selection criteria: Sub-sector: Cement | Market Cap: Sorted from Highest to Lowest
How to Invest in Cement Sector Stocks?
Investing in cement stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in cement stocks:
- Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
- Search for Cement Stocks in India: Go to Tickertape Stock Screener and select “Cement” under “Materials” sector.
- Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top cement stocks in India.
- Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, cement stock market performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
- Add to Watchlist: You may keep track of potential cement sector investments by adding them to your watchlist.
- Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.
You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!
Overview of Top Cement Stocks in India
UltraTech Cement Ltd
UltraTech Cement is the largest cement producer in India and a global leader in building materials. It manufactures grey cement, white cement, and ready-mix concrete, supporting infrastructure and construction projects across India and other countries.
Grasim Industries Ltd
Grasim Industries, a flagship company of the Aditya Birla Group, operates in sectors such as viscose staple fibre, chemicals, and cement. It is also a key player in financial services and holds a significant stake in UltraTech Cement, thereby strengthening its position in the building materials sector.
Ambuja Cements Ltd
Ambuja Cements is one of India’s leading cement manufacturers. Known for its sustainable and high-quality products, it is part of the Holcim Group and supplies eco-friendly solutions to the construction and infrastructure sectors across India.
Shree Cement Ltd
Shree Cement focuses on energy-efficient and green technologies. The company provides a wide range of cement products to meet diverse construction needs, with a strong presence in both domestic and international markets.
J K Cement Ltd
J K Cement is a major cement manufacturer in India. It produces grey cement, white cement, and ready-mix concrete. The company serves the construction and infrastructure sectors.
What are Cement Sector Stocks?
Cement sector stocks belong to companies involved in cement production and distribution. They often form part of larger portfolios, alongside other building materials. Cement is a critical component of infrastructure projects, and demand for it depends on economic conditions. Investors can buy these stocks individually or through ETFs and mutual funds focused on the cement industry.
About Cement Industry in India
India is the second-largest cement producer in the world, accounting for 8% of global installed capacity. It plays a key role in infrastructure development, with private players dominating the market and the top 20 companies accounting for around 70% of production. In FY23, India produced 374.55 mn tonnes with a total capacity of 595 MTPA. The industry is expected to grow with an additional 80 mn tonnes by 2025.
Key Points of Cement Industry in India:
- Drivers: Government projects, rural housing and industrial expansion.
- Constraints: High taxes, regulatory costs, logistics, and energy/environmental issues.
- Sustainability: Green initiatives to reduce CO2 emissions.
- Technology: Energy efficient production and modernisation of plants.
Future of Cement Sector Stocks
- Rising Demand: India’s growing population and large-scale infrastructure development are driving increasing demand for cement and related materials.
- Global Position: India is the second-largest cement producer globally, accounting for 7% of the world’s cement capacity.
- Cement Production Growth: India’s cement production capacity reached nearly 262 million tonnes (MT) in FY21, growing by 7.8% despite the challenges of the COVID-19 pandemic.
- Projected Cement Industry Growth in India: By 2025, the cement industry is expected to reach 550-600 MT per annum, driven by high demand in housing, commercial, and industrial construction.
- Government Initiatives: Schemes like MGNREGA, PM Garib Kalyan Rozgar Abhiyan, and state-level initiatives have further stimulated demand for housing.
- Infrastructure Development: The 'PM Gati Shakti - National Master Plan' launched in 2021 aims to enhance multimodal connectivity, benefiting the cement industry.
- Smart City Projects: The demand for cement is expected to rise with over 100 smart city projects and related infrastructure developments in the pipeline.
Features of Investing in Cement Stocks
Steady Demand
Cement acts as an essential building material with consistent demand. Infrastructure projects, housing, and construction activities drive this demand. As a result, cement companies operate in a stable market.
High Capital Investment
Cement companies invest heavily in plants, machinery, and distribution networks. These companies hold many assets and have long-term growth potential.
Price Sensitivity
Changes in raw material and energy prices affect the performance of cement stocks in India. When input costs fluctuate, they affect profit margins and stock valuations.
Economic Linkage
Cement stocks tend to move in line with economic growth, especially in sectors such as construction and infrastructure. They perform well when the economy expands, but may slow down during weak economic periods.
Dividends and Stable Cash Flow
Many cement companies maintain steady cash flow and pay regular dividends. This makes cement stocks in India attractive for income-focused investors.
Market Competition
The cement industry remains highly competitive, with both large and small companies. Firms with strong brands, efficient operations, and market leadership maintain an edge over others.
Advantages of Investing in Cement Stocks in India
Strong Demand Backed by Infrastructure Growth
Urbanisation and industrial growth increase the demand for cement. This creates a stable base for investment and offers long-term growth potential. As infrastructure projects expand, investors can benefit from this upward trend in cement stocks.
Diversification Within the Cement Sector
Large-cap cement companies lead the market, while small-cap stocks offer unique growth opportunities. These smaller companies might not yet dominate market share, but they can grow quickly and deliver high returns to investors.
Solid Earnings and Dividend Potential
Many leading cement stocks in India demonstrate strong financial health and consistent profitability. While checking a cement stocks screener, investors should look for companies with solid balance sheets and steady dividend histories.
Long-Term Investment Potential
Demand for cement is expected to rise steadily in the coming decades. Infrastructure development and urban growth will drive this increase. Therefore, well-chosen cement shares can deliver sustainable growth over time.
Risks of Investing in Cement Stocks
Raw Material Price Volatility
Cement companies depend heavily on raw materials like limestone and fuel. Changes in their prices increase production costs and can reduce profits.
Economic Cycles
Cement stocks fluctuate with the economy. During slowdowns, construction and infrastructure activities drop, reducing revenue.
Environmental Regulations
Strict environmental and sustainability norms can raise operational costs for cement producers. These changes affect profitability and stock performance.
Receive real-time market alerts for timely decisions
Monitor your portfolio from the palm of your hands
Watchlist stocks and mutual funds to stay updated
Factors to Consider Before Investing in Cement Stocks
Economic Growth
Cement share performance aligns closely with a country’s economy. As infrastructure and construction activity increase, cement demand grows. This rise boosts the cement stock price in India.
Government Policies and Infrastructure Spending
Government investments in infrastructure, such as roads, bridges, and buildings, support cement demand. Higher public spending helps cement companies' positions and earn better long-term returns.
Input Costs
The cost of raw materials like limestone, coal, and electricity directly impacts profitability. Any price change in these materials affects cement company stock values.
Housing and Real Estate Sector Performance
The real estate sector strongly influences cement demand. When housing activity rises, cement consumption grows. This growth expands a company’s market share and can raise cement stock prices.
Conclusion
The Indian cement sector is a significant contributor to the economy, driven by demand from infrastructure and housing projects. Despite forecasted market growth, the sector faces challenges, including fluctuations in raw material prices and regulatory changes. Despite these challenges, the industry remains crucial to development, particularly given government infrastructure spending. The investors may want to assess key factors, including economic trends and government policies, when evaluating cement stocks. For that detailed cement stocks analysis, you can explore Tickertape Stock Screener.
Popular Stock Collections
Popular Mutual Fund Collections
Frequently Asked Questions on Cement Stocks
What are the top cement stocks in NSE?
Apart from the list given in the overview, here are some more top cement companies in India on the NSE, sorted according to their market capitalisation:- Dalmia Bharat Ltd
- ACC Ltd
- Ramco Cements Limited
Disclaimer: The above cement share list in India is for educational purposes only and should not be considered investment advice.What are the best small-cap cement stocks in India?
The best small-cap cement stocks or infrastructure stocks in India, sorted by market capitalisation, are:- Ramco Cements Limited
- Nuvoco Vistas Corporation Ltd
- RHI Magnesita India Ltd
- JK Lakshmi Cement Ltd
- India Cements Ltd
Disclaimer: The above cement share list in India is for educational purposes only and should not be considered investment advice.Is the cement sector profitable?
Cement is a competitive, capital-intensive industry with lower profit margins than other sectors, typically around 5-10% of revenue. But profitability can vary widely across India depending on local demand, regulatory policies and availability of raw materials.What key factors to consider when evaluating the performance of the best-performing cement sector stocks?
When analysing cement stock performance, consider revenue growth, EBITDA margin, and debt-to-equity ratio. Additionally, examine cash flow and return on equity (ROE) to gauge overall profitability and financial health.Is diversification necessary for cement sector stocks?
Diversification can help reduce sector risk by spreading investments across sectors, including cement, and minimise the impact of fluctuations in a single sector.How do I evaluate cement sector stocks before investing?
Investors can evaluate cement sector stocks by examining key financial metrics, including revenue growth, profit margins, debt, cash flow, industry trends, and competitive position.How do cement sector stocks perform during economic downturns or recessions?
The cement share price may drop during economic downturns as construction and infrastructure activity decrease. The sector is closely tied to overall economic conditions.Is it worth investing in Cement Sector Stocks?
The performance of the top 10 cement sector stocks in India is dependent on infrastructure development, construction activity, and economic cycles. One should assess market conditions and company performance before investing.Disclaimer: Please note that this is only for educational purposes, and is not meant to be recommendatory.
How do changes in government policies and regulations affect cement sector stocks?
Changes in government policies, such as construction regulations, infrastructure development plans, or environmental standards, can affect cement stock prices along with both demand and production costs.What are the top penny cement sector stocks or undervalued cement stocks in India?
The top cement penny stocks currently trading under ₹10 in India are:- Oriental Trimex Ltd
- Burnpur Cement Ltd
- Navoday Enterprises Ltd
Disclaimer: The above cement share list in India is for educational purposes only and should not be considered investment advice.
