Top Cement Stocks in India 2022

Lets talk about the Top Cement Stocks to invest in 2022. According to IBEF, India’s cement output increased by 7.8% in 2021 compared to the previous year. Surprisingly, this significant rise occurred following the global recession.

Total cement output in the country was more than 260 million tonnes through February 2021. Experts, on the other hand, believe that in the next years, growth will likely be between 10% and 12%.

The Indian cement industry must be regarded in terms of its four regions: north, south, west, and east. In some locations, demand may be favorable or unfavorable. It is also extremely fragmented, with the top six corporations controlling 60% of industry capacity and the remaining 40% divided among 40 minor players. Because the current environment is difficult, cautious investors should choose top firms.

Top Cement Stocks
Top Cement Stocks 2022

This article presents a list of the best performing cement stocks, which have been ranked based on their highest year-to-date gains in 2022 (YTD). These returns of Cement Stocks are computed using the stock price at the beginning of the year and the stock price at the time of writing for India cement stocks traded on the NSE and/or BSE.

The list for top cement stocks are as follows

  1. Ultratech cement
  2. Shree Cement
  3. Ambuja Cement
  4. ACC Ltd.
  5. Deccan Cement
  6. JK Cement
  7. Dalmia Bharat
  8. NCL Industries
  9. Ramco Cements
  10. Nuvoco Vistas Corp Ltd

ULTRATECH CEMENT

List of Top Cement Stocks cant be created without Ultratech Cement. Ultratech Cement is a joint venture of the Aditya Birla Group, and its achievements in India and throughout the world are noteworthy.

UltraTech Cement Limited achieved number 1 position globally with a cement manufacturing capacity of more than 100 million tonnes.

The company’s stock has increased by about 150 percent in the last several years. It is for this reason why investors are so enthusiastic about UltraTech cement.

Ultra-revenue tech’s and net income numbers are likewise consistent, providing a secure haven for potential investors.

SHREE CEMENT

Shree Cements, which began operations in 1979 at its first greenfield cement factory in Beawar, Rajasthan, is India’s second biggest cement company, with 40.4 million tonnes per year (mtpa) of operating capacity as of March 31, 2020. Up until 2014, the company’s capacity was concentrated in northern India, but it has since expanded to include Rajasthan, Uttarakhand, Bihar, Chhattisgarh, Haryana, Uttar Pradesh, and Karnataka. Expansion in various states in last few years makes Shree cement a good competitor of Ultratech cement and we kept this company at second position in our Top Cement Stocks list.

Over the last five years, the price of this large-cap stock has increased by more than 43%.

And, because the firm’s expansion isn’t fueled by excessive demand or purchasers, it remained stable in 2020 and 2021, while practically every other company was losing money.

Existing investors are doing well, and new investors may get in on the action by investing in Shree Cement.

AMBUJA CEMENT

Ambuja Cement is owned by Lafarge Holcim, a worldwide corporation that owns more than half of the firm. Ambuja has a total capacity of 30 MT and operates five integrated cement production facilities and eight cement grinding units in India.

The corporation also has its own ship fleet for efficient cement transportation. Ambuja Cement Ltd. has had consistent revenue and earnings from its start, with no dips or increases.

Few disadvantages, such as freight costs, which account for 26% of total revenue, might be a source of concern in the future, as fuel prices have increased substantially, affecting profitability and margins in the short term. Fundamental analysis of this company also indicated that the value of the stock is a little overvalued. Short term investors may enjoy good profits.

ACC Ltd

Sridhar Balakrishnan created Associated Cement Companies Limited (ACC Ltd) in 1936. Currently, the firm employs over 6400 people and expects to produce revenues bigger than ever before in 2021. ACC Ltd is also considered as one of the top cement stock in Indian market!

Simply put, the corporation generates Rs. 161.52 billion in sales while earning Rs. 18.63 billion in net income, up 30.26 percent from the previous year.

Within the previous two years, the price of ACC Ltd. has nearly quadrupled. ACC Ltd company’s share prices were reported at 962.60 and 2215.75 per share on April 3, 2020, respectively, from the previous year’s end. ACC Ltd has grown by 130.184 percent in a year, even at its lowest point during the epidemic.

DECCAN CEMENT

Deccan Cements Limited manufactures and sells cement in India. Ordinary Portland, Portland pozzolana, and Portland slag cement, as well as speciality cements including quick hardening, sulphate resistance, high alumina, and oil well cement, are all available, as is 53-S grade ordinary Portland cement, which is utilised in railway applications. The PE ratio of Deccan cement is 6.78.

JK CEMENT

JK Cement is a high-end company that focuses on producing high-quality cement. This cement firm serves a huge number of customers around the country and is aggressively expanding its commercial reach. The PE ratio of JK cement is 30.61.

JK Cement Ltd has increased by 121.95 percent during the last five years. Investors’ money has nearly doubled since they invested in JK Cement Ltd in 2017. On financial charts, the company has a consistent growth tendency. Revenue and net profits created by the firm are steadily increasing from one year to the next. JK Cement Ltd, on the other hand, might be rather costly. You can wait till then to discover a lower low for a nice BUY.

DALMIA BHARAT

As the green data illustrate, the firm has a very high annual profit margin. The corporation made 10.5 billion in sales in 2021, over 8% greater than the previous year, and a net income of 12.31 billion, up 449.55 percent from the previous year.

However, it is worth mentioning that the cement sector provides materials to a variety of industries. Dalmia Bharat Sugar and Dalmia OCL are two more well-known Dalmia Bharat Ltd companies.

Because Dalmia Bharat Ltd’s price per share is quite low, both small and large investors may incorporate enough in their portfolio.

In a word, you should wait for the price to settle into a steady zone before looking for another lower low to find a BUY Opportunity.

NCL INDUSTRIES

NCL Industries Ltd., a Small Cap company in the Cement industry, was formed in 1979 and has a market valuation of Rs 978.61 crore. The firm had a net profit after tax of Rs 41.59 crore in the most recent quarter. Over three years, the stock returned 20.35 percent, compared to 26.45 percent for the Nifty Smallcap 100. The corporation has declared a dividend of Rs 4 per share.

RAMCO CEMENTS

Ramco Cements is a Ramco Group business. However, the firm became self-sufficient in 1997, allowing the brand to claim the label of Chennai-based enterprise. With a staff of 3,374, the firm is putting itself in a strong position and becoming a popular investment choice.

However, the company’s operations are not restricted to cement; it also makes a variety of other items.

NUVOCO VISTAS CORP LTD

Nuvoco Vistas Corporation Ltd was founded in 1999. The firm employs approximately 2800 people and has a large number of investors.

The company’s product portfolio, on the other hand, is focused on industrial materials and nothing else. The Nuvoco Vistas Corporation stock doesn’t tell anything other than its low price. However, the company’s net income statistics are a little fragile, which might be due to its investments in its business and general infrastructure.

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