Sector Watch : Cement

By CROW -

  • India is the second largest producer of cement in the world after China, accounting for about 6-7 per cent of the world capacity.

  • The production grew by a record 15% to 94.21 mn tonnes in 1999-2000. A

  • As on March 31, 2000 there were 113 large plants, accounting for 92% of the total capacity and 300 white and mini plants in India.

  • There is a high degree of fragmentation in the industry with over 60 players, but the top 5 players account for over 50% of the capacity.

  • Within the next 3-5 years the industry is expected to be dominated by five to six big players and less than ten companies in all, both Indian and foreign.

There has been an increased level of MNC activity in the domestic market, with strategic tie-ups, mergers and acquisitions.

Summary : Invest in Cement Sector and expect good returns by year End

Based on Sales

Sales ( Rs Mn )

% Change

Ambuja Cement

62075.70

139.33

ACC Ltd

57169.80

80.91

Ultratech Cement

49090.50

48.63

India Cement

22552.06

47.30

Shree Cement

14030.47

101.93

Comments

  1. AnalystSeptember 19, 2007 at 1:58 PM

    Since the government was trying to regulate the cost of Cement to lower the infrastructure cost, Do you think most cement producers will export Cement?
    Will government favour increase in Cement cost of reduce.
    What is the effect of government on Cement stocks?
    What is the long term outlook for the same

    ReplyDelete
  2. CROWSeptember 20, 2007 at 10:42 AM

    Answer in todays Post

    ReplyDelete

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