ORIENTCEM.NSE

Orient Cement Ltd

Cement maker UltraTech, which expects around 7 per cent growth in FY26, has allocated up to Rs 10,000 crore as capex to bolster its capacity as well as energy and efficiency initiatives, according to the company's latest annual report. The Aditya Birla group firm recently acquired South-based India Cements and the cement business of Kesoram Industries, and added 26.3 MTPA of grey cement capacity to its portfolio. It has planned an organic capacity addition of 28.8 MTPA by FY27. UltraTech, which crossed the Rs 75,000 crore revenue mark in FY25 and is now very close to 200 MTPA (million tonnes per annum) capacity, anticipate a reduction in "net debt to EBITDA ratio", helped by a higher volume growth and improving margins. "Although our net debt to EBITDA (pre-tax profit) ratio rose to 1.33x in March 2025, we anticipate higher volume growth and an improving EBITDA profile to reduce this rapidly," its Managing Director K C Jhanwar said while addressing the shareholders. Like other cement makers, UltraTech also faced a lowered sales realisation amidst tepid demand conditions last year, which marginally declined its EBITDA (earnings before interest, taxes, depreciation and amortisation) compared with FY24.

The Competition Commission of India has approved Ambuja Cements Limited's acquisition of up to 72.8% of Orient Cement Limited. Ambuja Cements, which operates numerous cement plants and terminals across India, will acquire 46.8% of Orient Cement's shares, including 37.9% from the current promoters and 8.9% from public shareholders. This acquisition triggers an obligation for Ambuja to make an open offer for an additional 26% of Orient Cement's share capital, potentially increasing its total shareholding to 72.8%. Orient Cement operates three manufacturing facilities and distributes its products across 10 Indian states.

India's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambuja's position against UltraTech Cement. Despite analysts' skepticism about regulatory approval due to industry oversupply, the acquisition will likely intensify competition further in the Indian cement sector.

Mumbai, Jan 30: Manufacturing sector employees at the best workplaces in India are 2.7 times more likely to stay in psychologically healthy environments, and the overall view of manufacturing as a great place to work has risen to 87 per cent in 2025, according to a report on Thursday. As Indias manufacturing industry advances toward Industry 5.0, the need for companies to prioritise not just technological innovation, but also the well-being of their workforce, has never been more critical, said the report by Great Place To Work. As the industry advances toward Industry 5.0, the focus isnt just on smarter machines but on fostering workplaces that prioritise employee well-being. To combat employee burnout, organisations are taking steps to improve work-life balance, make leaders more approachable, and enhance employee engagement, said Balbir Singh, CEO, Great Place To Work, India. Leading organisations are building a culture of trust and psychological safety, and when employees feel valued, they are 2.7 times more likely to stay.

The Competition Commission of India has approved the Adani Group's subsidiary, Renew Exim DMCC, to acquire a 72.64% stake in ITD Cementation India for approximately Rs 5,757 crore. Renew Exim DMCC, based in Dubai, will initially purchase a 46.64% stake from ITD Cementation's promoters for Rs 3,204 crore and has launched an open offer to acquire an additional 26% from public shareholders for Rs 2,553 crore. This acquisition is part of Adani Group's aggressive expansion in the cement industry, following previous acquisitions of Holcim's Indian assets, Penna Cement, and Orient Cement.