Mixed trends shown in cement: injuries on income of 5 major companies, but separated sales results

The income of the top five cement manufacturers suffered a setback during the third quarter of FY 2025. However, sales trends for these five companies were mixed as each had focused on different business strategies.

In the October-December 2024 period, analysts and industry officers had predicted an increase of 4-5 percent demand in the industry. However, this growth has been different for each in terms of five major cement manufacturers. For example, UltraTech Cement recorded a 10 percent increase in sales compared to a year ago. His nearest competitor Ambuja Cements increased by 17 percent in the same period Entered.

In the December quarter, the third and fourth largest cement manufacturer companies Shri Cement and Dalmia India’s sales trend was completely opposite. Both recorded a decline in sales. Nuvoko Vistas Corp shocked the 16 percent increase in sales after an annual decline of 7 percent in the second quarter. The reason for this is that the strategy of these cement companies is different. Nuwama analysts said that Shri Cement has upheld priority to receipts rather than sales.

In the case of Nuvoko, other analysts believe that sales growth is not due to the existence but not by focusing on major markets. Nuvoko managing director Jayakumar Krishnaswamy said in an investor talk, ‘We were successful in increasing our business in Orissa, Chhattisgarh, Rajasthan, Western Madhya Pradesh. These were the markets where we performed quite well. We launched an internal program, looked at the markets in which we were not involved till now and so we participated actively in it.

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The sales growth of Ambuja Cements, one of the top two cement manufacturers, was largely based on its latest acquisitions. Nuwama analysts said that if there were no acquired assets, the sales hike of Ambuja would have been 7 percent. On the other hand, Dalmia failed to complete the planned acquisition planned, which affected its sale. The company’s officers said in a conversation with analysts, ‘Our sales during the third quarter declined by 2 per cent on an annual basis, mainly because in the same quarter of last year we transport 0.3.7 lakh tonnes from JP plants in the same quarter of last year. Sales were found. In this quarter, sales from Dalmia plants increased by 3.7 percent on an annual basis.

Ultratech, in its report sent to investors, said that the company focused on creating a solution store which helped to increase cement sales in the quarter under review.

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