Heidelbergcement India Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION

HeidelbergCement India Ltd is a leading cement manufacturer and a subsidiary of Heidelberg Materials, one of the world’s largest building materials companies. With a strong presence in central and southern India, the company has established itself as a key player in the cement industry, known for its high-quality products and sustainable manufacturing practices. Over the years, HeidelbergCement India has achieved significant milestones, expanding its operations and strengthening its market position. Investors closely track Heidelberg Cement share price as the company continues to grow, driven by strategic expansions, technological advancements, and a commitment to innovation in the construction sector.

HeidelbergCement India Ltd moves in 2025

Potential Acquisition by UltraTech Cement: In January 2025, reports indicated that UltraTech Cement was in advanced discussions to acquire HeidelbergCement India Ltd for approximately Rs. 3,381 crore. This news has influenced Heidelberg Cement share price, as investors anticipate the impact of the deal.
Previous Interest from Adani Group: Before UltraTech, the Adani Group was reportedly in talks to acquire HeidelbergCement India Ltd in a $1.2 billion deal. Speculations around this acquisition had earlier caused fluctuations in Heidelberg Cement share price.
Financial Performance: The company reported a 6% year-on-year increase in revenue, reaching Rs. 2,420.3 crore for the financial year 2023-24. Net profit also saw a sharp rise of 69% to Rs. 167.7 crore, contributing to movements in Heidelberg Cement share price.
Operational Strength: With four cement plants and a total annual production capacity of 12.6 million tonnes, HeidelbergCement India Ltd remains a strong player in the industry, a factor closely watched by investors tracking Heidelberg Cement share price.

The potential acquisition and strong financial performance continue to make Heidelberg Cement share price a key indicator of industry trends, reflecting investor confidence and market expectations.

Evolution of the HeidelbergCement India Ltd: From Past to Present:

Past:

HeidelbergCement India Ltd's journey began in 2006 when Heidelberg Materials, a global leader in building materials, entered the Indian market by acquiring Mysore Cements. This strategic move marked the company's commitment to establishing a strong foothold in India's burgeoning cement industry. In 2009, a significant milestone was achieved with the merger of Indorama Cement and Mysore Cements, leading to the rebranding of the entity as HeidelbergCement India Ltd. The company embarked on an ambitious expansion plan, increasing its cement manufacturing capacity from 2.1 million tonnes per annum (MTPA) to 5.4 MTPA through a brownfield project in Central India. This period of growth underscored HeidelbergCement's dedication to meeting the rising demand for quality cement in the Indian market.

Present:

Today, HeidelbergCement India Ltd operates as a prominent player in the Indian cement sector, with a combined annual capacity of 6.26 MTPA. The company manages four plants located in key regions, including Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh), and Ammasandra (Karnataka), ensuring a robust presence in both Central and Southern India. The product portfolio, marketed under the 'MyCem' and 'MyCem Power' brands, reflects the company's commitment to quality and innovation. In recent developments, HeidelbergCement India has attracted attention from major industry players. In January 2025, reports indicated that UltraTech Cement was in advanced talks to acquire Heidelberg's Indian operations, following earlier interest from the Adani Group. These developments highlight the company's strategic importance and the dynamic nature of the Indian cement industry.

Name	HeidelbergCement India Ltd
Founded year	2006
Key People	Joydeep Mukherjee(Managing Director)
Headquarters	Gurugram, Haryana, India
Sector	Construction Materials
Nse code	HEIDELBERG
Bse code	500292

Timeline of HeidelbergCement India Ltd:

Year	Key Developments
2006	Entered the Indian market with an initial cement production capacity of less than 3 MnT.
2008	Merged Mysore Cement and Indorama, expanding cement capacity to 3.2 MnT.
2009	Announced plans for the expansion of the Damoh facility.
2013	Completed a major expansion, increasing total cement capacity to 6.1 MnT.
2014	Divested the Raigad plant, which had a production capacity of 5.5 MnT.
2016	Completed a 12 MW waste heat recovery project in Damoh. Acquired Italcementi, boosting cement production capacity to 12.6 MnT.
2017	Launched the "Grow Together Integration" initiative.
2018	Purchased solar power in Amsa. Acquired a 49% stake in the 43 MW Sitapuram Power Limited through Zuari Cement Limited.
2020	Expanded cement production capacity in Central India to 13.4 MnT. Merged Sitapuram Power Limited into Zuari Cement Limited.
2021	Initiated the AFR Project in Damoh and implemented solar power solutions at the Jhansi plant.

Inside the HeidelbergCement India Ltd:

Corporate actions: Heidelberg Cement India Ltd. has announced 10 dividends since September 14, 2017. Over the past 12 months, the company has declared an equity dividend of Rs. 8.00 per share. As of March 3, 2025, the Heidelberg Cement share price stands at Rs. 190.04, resulting in a dividend yield of 4.21%.

Main News:

In the December 2024 quarter, HeidelbergCement India Ltd. reported a sales decline to Rs. 5,428.20 million, down from Rs. 6,071.30 million in the same period the previous year. Net profit experienced a significant decrease of 83.51%, dropping to Rs. 51.90 million from Rs. 314.70 million year-over-year. Operating profit also declined to Rs. 426.40 million, compared to Rs. 785.40 million in the corresponding quarter of the previous year.
January 2025: UltraTech Cement, India's largest cement producer, entered advanced negotiations to acquire HeidelbergCement India's operations. Executives from UltraTech's parent company, Aditya Birla Group, met with Heidelberg's management to discuss the potential acquisition. The 69% stake held by Heidelberg in its Indian subsidiary was valued at approximately Rs. 33.8 billion (around $391 million).

Current Heidelbergcement India Ltd Share Price NSE

COMPANY NAME	SECTOR	SHARE PRICE LINK
Heidelbergcement India Ltd	Construction Materials	Heidelberg cement share price today

Achievements and Milestones:

HeidelbergCement India has consistently demonstrated excellence in safety, sustainability, and social impact. Over the years, the company has received several prestigious awards, reflecting its commitment to industry best practices.

Year	Award & Recognition
2022	Five-Star HSE Excellence Award (2021-22) – Conferred to HeidelbergCement-Narsingarh Plant by the National Safety Council, Madhya Pradesh Chapter for the third time. (Nov 15, 2022)
2022	Gold Award in Cement Sector – Won by HCIL (Jhansi Plant) under the Apex India Occupational Health & Safety Award.
2022	4th ICC Social Impact Award – Received by HC India from the Indian Chamber of Commerce for its efforts in Promoting Education.
2022	Sustainability Recognition – HC India’s commitment to environmental sustainability acknowledged by the Minister of Power and New & Renewable Energy.
2021	Exemplary Performance in Sustainable Development – Diamond Limestone Mines (Patharia) awarded for outstanding implementation of the Sustainable Development Framework.
2020-21	1st Prize in Environment Award (Mining Category) – HC India received this award from the Government of Madhya Pradesh for its Patharia Mines.

CONCLUSION

HeidelbergCement India Ltd has cemented its position as a key player in the Indian market through strategic expansions, sustainable initiatives, and consistent operational growth. The company’s achievements, from capacity expansions to industry accolades, reflect its long-term commitment to excellence. Recent developments, including the potential acquisition by UltraTech Cement, have further influenced Heidelberg Cement India Ltd share price, making it a focal point for investors. Despite short-term financial fluctuations, the company’s strong market presence and innovation-driven approach ensure its continued relevance in the evolving cement industry.

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Frequently Asked Questions:

How has HeidelbergCement India Ltd performed financially in the last five years?

The company's revenue grew at 2.22% annually, lower than the industry average of 9.49%. Net income declined by -5.34% per year, impacting Heidelberg Cement share price.

Where can I access the most recent information on the heidelberg cement share price?

Explore the latest Heidelberg Cement India Ltd share price and real-time updates on Enrich Money's stock analysis page here.

Is HeidelbergCement India Ltd a good long-term investment?

The company's steady operations, strong parent backing, and sustainable practices make it a viable option. However, Heidelberg Cement share price may fluctuate based on market conditions.

How do recent developments affect Heidelberg Cement share price?

The possible UltraTech acquisition and financial trends have influenced Heidelberg Cement share price, making it a key focus for investors.

What recent news or developments have impacted Heidelberg Cement share price?

Reports of UltraTech Cement's potential acquisition and previous interest from the Adani Group have led to fluctuations in Heidelberg Cement share price as investors react to market speculation.

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