Top 10 Construction Companies in India


The Indian construction industry contributes around 20 percent of the national GDP. Being a labor-intensive sector, it employs more than 50 million people. The construction industry contributes significantly to the steel industry, paint industry, and glass industry. Listed below are India’s top ten construction companies.

01. Shree Cement Ltd


Shree Cement Limited established in the year 1979 by the Bangur family is based out of Kolkata. Its public issue was declared in the year 1984 and is listed on the NSE and BSE stock exchanges. It employs more than 6000 people.

Shree Cement Management


B G Bangur – Chairman, Prashant Bangur – Managing Director, Sanjiv Krishnaji Shelgikar – Director, O P Setia – Director, Y K Alagh – Director, Uma Ghurka – Director, H M Bangur – Managing Director, P N Chhangani  – Whole Time Director, R L Gaggar – Director, Shreekant Somany – Director, Nitin Desai – Director.

  • Revenue: Rs 12,555 Cr
  • Production capacity: 29.30 MTPA
  • Employees: 6,299
  • Market Share: 7 %
  • Market Cap:  64,420 Cr.
  • Stock P/E: 56.41
  • Dividend Yield: 0.32 %
  • ROCE: 12.61 %
  • ROE: 12.30 %
  • Sales Growth (3Yrs): 31.56 %
  • Promoter holding: 64.79 %
  • Debt to equity: 0.29
  • Price to book value: 6.66

02. ACC Ltd


ACC Limited was established in 1936. ACC Limited is the lead cement manufacturer in India. It manufactures cement and ready-mix concrete. Comprising of 17 cement factories and 75 ready mix concrete plants, it employs more than 6,700 people.

ACC Management


N S Sekhsaria – Chairman, D Sundaram – Non Exe. & Ind. Director, Jan Jenisch – Non Exe.Non Ind.Director, S K Roongta – Non Exe. & Ind. Director, Sunil Mehta – Non Exe. & Ind. Director, Falguni Nayar – Non Exe. & Ind. Director, Sridhar Balakrishnan – Managing Director & CEO, Sridhar Balakrishnan – Managing Director & CEO, Martin Kriegner – Non Exe.Non Ind.Director, Neeraj Akhoury – Non Exe.Non Ind.Director, Shailesh Haribhakti – Non Exe. & Ind. Director, Vinayak Chatterjee – Non Exe. & Ind. Director, Vijay Kumar Sharma – Non Exe.Non Ind.Director.

  • Revenue: Rs 15,398 Cr
  • Production capacity: 28.4 MTPA
  • Employees: 6731
  • Market Share: 6%
  • Market Cap:  27,886 Cr
  • Stock P/E: 16.00
  • Dividend Yield: 0.94 %
  • ROCE: 16.06 %
  • ROE: 15.28 %
  • Sales Growth (3Yrs): 8.13 %
  • Promoter holding: 54.53 %
  • Debt to equity: 0.00
  • Price to book value: 2.54

03. Reliance Infrastructure Ltd


Reliance Infrastructure Limited comes under the Reliance Group and was established in the year 1929. Being the largest infrastructure company in India, it executes projects via various several Special Purpose Vehicles (SPVs) in different growth sectors. It caters to power, roads, metro rail, airport, and the defense sector infrastructure.

Reliance Infrastructure Management


Anil Dhirubhai Ambani – Chairman, Punit Garg – Executive Director & CEO, S S Kohli –  Director, Manjari Kacker – Director, S Seth – Vice Chairman, Ryna Karani – Director, K Ravikumar – Director.

  • No of Employees: 44,761
  • Revenue: Rs 20,361 Cr
  • Market Cap:  572.00 Cr
  • ROCE: 23.52 %
  • ROE: 16.64 %
  • Sales Growth (3Yrs): -8.92 %
  • Promoter holding: 39.12 %

04. Ambuja Cements Ltd


Ambuja Cements Limited is under the conglomerate LafargeHolcim. Being the leading cement companies, Ambuja Cement provides home-building solutions. It uses environment-friendly practices.

Ambuja Cements Management


N S Sekhsaria – Chairman, Christof Hassig – Director, Nasser Munjee – Director, Shailesh Haribhakti – Director, Roland Kolher – Director, Shikha Sharma – Director, Ranjit Shahani – Director, Neeraj Akhoury – Managing Director & CEO, Jan Jenisch – Vice Chairman, Martin Kreigner – Director, Rajendra P Chitale – Director, Omkar Goswami – Director, Then Hwee Tan – Director, Mahendra Kumar Sharma – Director, Praveen Kumar Molri – Director, Neeraj Akhoury – Managing Director & CEO.

  • Management:
  • Revenue: Rs 26,646 Cr
  • Production capacity: 29.65 MTPA
  • Employees: 5180
  • Market Share: 6.2 %
  • Market Cap:  39,187 Cr.
  • ROCE: 15.03 %
  • ROE: 10.59 %
  • Sales Growth (3Yrs): 40.26 %
  • Promoter holding: 63.11 %

05. Jindal Steel & Power Ltd


Jindal Steel & Power Limited (JSPL) comes under the O P Jindal Group. It manufactures steel and produces power. It operates in the states of Chhattisgarh, Jharkhand, and Odisha.

Jindal Steel & Power Management


Savitri Jindal – Chairman Emeritus, V R Sharma – Managing Director, Shallu Jindal – Non Executive Director, Arun Kumar Purwar – Independent Director, Sudershan K Garg – Independent Director, Anjan Barua – Nominee Director, Naveen Jindal – Chairman, D K Saraogi – Whole Time Director, R V Shahi – Independent Director, Hardip Singh Wirk – Independent Director, Aruna Sharma – Independent Director.

  • Total Sales: Rs 37,652 Cr.
  • Total Capacity: 11 MnTPA.
  • Capacity in India: 8.6 MnTPA.
  • Capacity in Oman: 2.4 MnTPA.

06. UltraTech Cement Ltd


UltraTech Cement Limited manufactures grey cement, ready-mix concrete, and white cement. It operates in UAE, Bahrain, Sri Lanka, and Bangladesh apart from India. It employs diverse manpower involving 120,000 employees. They belong to 42 different nationalities from 36 countries.

UltraTech Cement Management


Kumar Mangalam Birla – Chairman, K C Jhanwar – Managing Director, Rajashree Birla – Non Executive Director, Sukanya Kripalu Independent – Director, Alka Bharucha – Independent Director, K K Maheshwari – Vice Chairman & Non Exe.Dire, Atul Daga – WholeTime Director & CFO, Arun Adhikari – Independent Director, S B Mathur – Independent Director, Sunil Duggal – Independent Director.

  • Revenue: Rs 38,657 Cr
  • Production capacity: 102.75 MTPA
  • Employees: 120,000
  • Market Share: 21.4 %
  • Market Cap:  107,207 Cr.
  • ROCE: 10.22 %
  • ROE: 8.58 %
  • Sales Growth (3Yrs): 14.12 %
  • Promoter holding: 61.68 %

07. Steel Authority Of India Limited


Steel Authority of India Limited (SAIL) comes under the Government of India and manufactures steel. It is one of the seven Maharatna’s of the country’s public sector. It produces iron and steel in the eastern and central regions of India.

Steel Authority of India Management


Anil Kumar Chaudhary – Chairman, N K Taneja – Independent Director, N Shankarappa – Independent Director, Harinand Rai – Director – Technical, Anirban Dasgupta – Director – Planning, Puneet Kansal – Government Nominee Director, Kartar Singh Chauhan – Independent Director, Krishan Kumar Gupta – Independent Director, Soma Mondal – Director – Commercial, Amit Sen – Director – Finance, Vijoy Kumar Singh – Government Nominee Director.

  • Total Sales: Rs 57,496 Cr.
  • Total Capacity: 21 MnTPA.

08. JSW Steel Ltd


JSW Steel comes under the JSW Group. Ranked 7th amongst the top 34 steelmakers by World Steel Dynamics, it has a presence in India as well as abroad. It started with a single plant in 1982, and today has plants in TN, Karnataka, and Maharashtra.

JSW Steel Management


Sajjan Jindal – Chairman & Managing Director, Vinod Nowal – Deputy Managing Director, Malay Mukherjee – Ind. Non-Executive Director, Punita Kumar Sinha – Ind. Non-Executive Director, Harsh Charandas Mariwala – Ind. Non-Executive Director, Gangaram Baderiya – Nominee Director, M V S Seshagiri Rao – Jt.Managing Director & Group CFO, Jayant Acharya – Director – Commercial & Marketing, Seturaman Mahalingam – Ind. Non-Executive Director, Haigreve Khaitan – Ind. Non-Executive Director, Nirupama Rao – Ind. Non-Executive Director, Hiroyuki Ogawa – Nominee Director.

  • Total Sales: Rs 84,050 Cr.
  • Total Capacity: 18 MnTPA.

09. Tata Steel Ltd


Tata Steel was established in in the year 1907. It is the second-largest company in the construction sector in India. Apart from acquiring Bhushan Steel Limited in the year 2018-19, Tata Steel also acquired Usha Martin Limited. It has manufacturing units at Jamshedpur in Jharkhand and Kalinganagar in Odisha.

Tata Steel Management


Ratan N Tata – Chairman Emeritus, T V Narendran – Managing Director & CEO, V K Sharma – Non Executive Director, Aman Mehta – Independent Director, O P Bhatt – Independent Director, Peter Blauwhoff – Independent Director, N Chandrasekaran – Chairman, Koushik Chatterjee – Executive Director & CFO, Saurabh Agrawal – Non Executive Director, Deepak Kapoor – Independent Director, Mallika Srinivasan – Independent Director.

  • Total Sales: Rs 1,40,769 Cr.
  • Total Capacity: 34 MnTPA.
  • Capacity in India: 19.4 MnTPA
  • Capacity Overseas: 14.6 MnTPA

10. L&T – Larsen & Toubro Ltd


L&T Limited is is an engineering and construction company and operates globally. It serves key sectors like infrastructure, power, and defense in over 30 countries. The digital transformation of L&T has proved to be a game-changer in the industry. It has laid the blueprint for digitalization in all its businesses.

L&T Management


A M Naik – Group Chairman, R Shankar Raman – WholeTime Director & CFO, Jayant Damodar Patil – WholeTime Director & Sr.Exe.VP, Subramanian Sarma – Non Executive Director, Adil Siraj Zainulbhai – Independent Director, Subodh Bhargava – Independent Director, Naina Lal Kidwai – Independent Director, Narayanan Kumar – Independent Director, Hemant Bhargava – Nominee Director, T Madhava Das – Executive Director, S N Subrahmanyan – Managing Director & CEO, D K Sen – WholeTime Director & Sr.Exe.VP, M V Satish – WholeTime Director & Sr.Exe.VP, Vikram Singh Mehta – Independent Director, M M Chitale – Independent Director, M Damodaran – Independent Director, Sanjeev Aga – Independent Director, Sunita Sharma – Nominee Director, S V Desai – Executive Director.

  • No of Employees: 44,761
  • Revenue: Rs 141,007 Cr
  • Market Capital: Rs 203,165 Cr
  • ROCE: 13.46 %
  • ROE: 14.56 %
  • Sales Growth (3Yrs): 11.72 %

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