Top Cement Companies Thrive Amid Weak Market

04 Nov 2024 CW Team

Despite weak demand and intense competition in India's cement sector, leading companies in the industry have managed to sustain growth in the second quarter (Q2) of the fiscal year, while smaller firms have struggled to maintain profitability. In an environment marked by low infrastructure activity and stiff competition, larger cement companies leveraged their scale and operational efficiencies to outperform their smaller counterparts.

Top cement players, including UltraTech Cement and Shree Cement, reported positive financial results due to their ability to optimize production costs and effectively manage distribution channels. These companies benefited from high levels of capacity utilization and strategically located plants that reduced transportation costs. Additionally, they were able to withstand rising input costs, like coal and fuel prices, better than smaller competitors.

On the other hand, mid-sized and smaller cement companies faced challenges in maintaining margins, impacted by the dual pressures of high input costs and low pricing power due to the competitive landscape. Many smaller players struggled with profitability, as they lacked the scale to offset rising operational expenses. As a result, some smaller firms saw a drop in market share, while the larger players have continued to consolidate their position in the industry.

Looking ahead, while market demand is expected to pick up with upcoming infrastructure projects and real estate developments, the intense competition is likely to persist. Industry analysts anticipate that smaller cement companies may continue to face challenges unless they can increase operational efficiencies or seek partnerships to achieve economies of scale.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..