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Rs 1884130000000: This man owns India’s No 1 cement company, a CA by profession, his net worth is Rs…, name is…
24htopnews | August 5, 2025 8:06 PM CST

Here we will talk about a company that plays a big role in building India i.e. about the UltraTech Cement. It’s not just the biggest cement company in India but also the third-largest in the world if we don’t count China. UltraTech is a public company which means its shares are traded in the stock market. Right now one share costs about Rs. 12250 and the total value of the company is around Rs. 3.6 lakh crore. This company makes and sells cement and related products in India and many other countries. In fact UltraTech makes up 22 per cent of all the grey cement produced in India making it a true giant in the cement industry. What products does UltraTech offer? Under the UltraTech Cement brand the company offers different types of cement such as: Ordinary Portland Cement Portland Pozzolana Cement (PPC & PPC Super) Composite Cement It also exports cement to countries like UAE Bahrain and Sri Lanka. Apart from cement it owns the Birla White brand which sells: White Cement Wall Care Putty And other related products Recent Deals and Acquisitions In July 2024 UltraTech announced that it would buy 32.72 per cent of India Cements Limited from its promoter group for Rs. 3954 crore. In June 2024 it also bought an additional 22.77 per cent stake from other shareholders for Rs. 1891 crore. Earlier in November 2023 the company approved the purchase of 10.75 million tonnes per year cement capacity from Kesoram Industries to grow its market in South India. Who owns UltraTech cement? UltraTech is owned by Kumar Mangalam Birla the Chairman of the Aditya Birla Group. This group also owns stakes in other companies like Hindalco Industries (an aluminium company) and Aditya Birla Capital. As of now Kumar Mangalam Birla’s net worth is around Rs. 1.88 lakh crore according to Forbes. About Kumar Mangalam Birla Apart from being the chairman of Aditya Birla Group KM Birla also heads the prestigious Birla Institute of Technology and Science (BITS) which is one of Indias best engineering colleges. He has also served as the chairman at IIM Ahmedabad. Kumar Mangalam Birla completed his MBA from London Business School and is also a chartered accountant. He was born to Aditya Vikram Birla and Rajashree Birla on June 14 1967. He took over the affairs of the company in 1995 after the demise of his father when he was just 28. Businesses Owned by Kumar Mangalam Birla KM Birla owns many famous clothing brands that people often think are foreign such as: Pantaloons Louis Philippe Allen Solly Peter England These brands are all part of Aditya Birla Fashion and Retail Limited.  UltraTech Cement He owns UltraTech Cement which is the biggest cement company in India and the third-largest in the world. It was bought by Grasim in 2004. The company now earns more than Rs. 50000 crore in revenue every year. KM Birla also owns Hindalco a company that works in: Mining bauxite (used to make aluminium) Refining alumina Aluminium manufacturing Hindalco operates in 10 countries and has over 40000 employees.


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