UltraTech Cement
Market cap ₹3.25 L Cr
- P/E
- 38.09
- Day range
- ₹10,802.00 – ₹11,050.00
- 52-week range
- ₹10,325.00 – ₹13,110.00
- Volume
- 3.03 L
- Open
- ₹10,958.00
- Prev close
- ₹10,958.00
Latest results · Q2 FY27(consolidated)Revenue ₹23,295 Cr+18.8%Profit ₹1,501 Cr+21.3%Margin 6.4%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
ULTRACEMCO in NSE indices and F&O
F&O margin for one lot of ULTRACEMCO (50 shares)Research profile
Composite 55 / 100Factor percentiles
Derived metrics
- Earn. yield
- 2.6%
- Graham no.
- ₹4,118.52
- vs Graham
- -62.7%
- ROE ÷ P/B
- 2.5%
- 12-1 mom.
- -8.9%
- Return / vol
- -0.37
- Magic Formula
- #461
- Piotroski
- 6/6
- FCF yield
- 1.7%
- PEG
- 1.79
Appears in 7 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 188 in Infra| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Larsen & ToubroLT | ₹5.02 L Cr | 30.25 | 4.59 | 18.3% | 15.0% | 12.0% | 1.15 | +6.7% |
| Adani PortsADANIPORTS | ₹3.92 L Cr | 29.06 | 4.21 | 16.2% | 14.0% | 58.0% | 0.66 | +18.6% |
| Adani EnterprisesADANIENT | ₹3.35 L Cr | 39.93 | 4.07 | 15.2% | 6.0% | 15.0% | 1.32 | +49.9% |
| UltraTech CementULTRACEMCO | ₹3.25 L Cr | 38.09 | 4.43 | 11.1% | 13.0% | 16.0% | 0.40 | +18.8% |
| Grasim IndustriesGRASIM | ₹1.96 L Cr | 34.51 | 1.90 | 10.2% | 8.0% | 23.0% | 2.20 | +21.4% |
| InterGlobe AviationINDIGO | ₹1.76 L Cr | 19.63 | 25.56 | -29.3% | 5.0% | 13.0% | 11.15 | +19.9% |
| DLFDLF | ₹1.63 L Cr | 35.63 | 3.60 | 10.0% | 6.0% | 1.8% | 0.01 | -23.3% |
| Tata MotorsTMCV | ₹1.46 L Cr | 34.77 | 9.54 | 26.0% | 36.0% | 10.0% | 0.25 | +36.3% |
| Sector median | ₹12,817 Cr | 32.00 | 4.34 | 15.0% | 17.0% | 15.0% | 0.18 | +19.8% |
Sector as classified in the tracked universe; medians use every tracked Infra company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 22d agoHeadlines about UltraTech Cement from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 36.6
- EPS (TTM)
- ₹290.18
- Price / Book
- 4.43
- ROE (FY26)
- 11.1%
- ROCE (latest year)
- 13%
- Dividend yield
- 2.17%
Moving averages (NSE)
- 20-day
- ₹10,821.55
- Price above
- 50-day
- ₹11,118.16
- Price below
- 200-day
- ₹11,644.18
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- FII
- Public
- Others
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16,740 | 20,419 | 18,819 | 16,294 | 17,779 | 23,063 | 21,275 | 19,607 | 21,830 | 25,799 | 24,648 | 23,295 |
| Expenses | 13,485 | 16,305 | 15,801 | 14,269 | 14,885 | 18,456 | 16,869 | 16,518 | 17,919 | 20,201 | 19,633 | 19,576 |
| Operating Profit | 3,255 | 4,114 | 3,017 | 2,026 | 2,893 | 4,608 | 4,406 | 3,089 | 3,911 | 5,599 | 5,015 | 3,719 |
| OPM % | 19% | 20% | 16% | 12% | 16% | 20% | 21% | 16% | 18% | 22% | 20% | 16% |
| Other Income | 146 | 73 | 83 | 226 | 247 | 93 | 142 | 174 | 46 | 77 | 118 | 105 |
| Interest | 262 | 261 | 326 | 393 | 457 | 475 | 433 | 459 | 492 | 487 | 453 | 552 |
| Depreciation | 783 | 815 | 918 | 980 | 993 | 1,125 | 1,107 | 1,148 | 1,182 | 1,208 | 1,201 | 1,213 |
| Profit before tax | 2,355 | 3,111 | 1,857 | 879 | 1,691 | 3,101 | 3,008 | 1,656 | 2,283 | 3,981 | 3,480 | 2,059 |
| Tax % | 25% | 27% | 20% | 19% | 19% | 20% | 26% | 25% | 24% | 25% | 25% | 27% |
| Net Profit | 1,775 | 2,259 | 1,493 | 708 | 1,363 | 2,475 | 2,221 | 1,238 | 1,729 | 3,000 | 2,604 | 1,501 |
| EPS in Rs | ₹61.55 | ₹78.22 | ₹51.78 | ₹24.34 | ₹47.09 | ₹84.23 | ₹75.54 | ₹41.79 | ₹58.55 | ₹101.22 | ₹88.21 | ₹50.69 |
From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+4 days since Mar 2021
-1 days since Mar 2021
-17 days since Mar 2021
+19 days since Mar 2021
+26 days since Mar 2021
Strengths, risks & growth
UltraTech Cement is engaged in the manufacturing and sale of Cement and Cement related product primarily across globe. [1]
Strengths
- Company has been maintaining a healthy dividend payout of 51.1%
Risks
- Stock is trading at 4.42 times its book value
- Promoter holding has decreased over last quarter: -0.85%
- Company has a low return on equity of 10.7% over last 3 years.
Compounded Sales Growth
- 10 Years
- +13%
- 5 Years
- +15%
- 3 Years
- +12%
- TTM
- +17%
Compounded Profit Growth
- 10 Years
- +13%
- 5 Years
- +8%
- 3 Years
- +17%
- TTM
- +21%
Stock Price CAGR
- 10 Years
- +11%
- 5 Years
- +9%
- 3 Years
- +10%
- 1 Year
- -7%
Return on Equity
- 10 Years
- +11%
- 5 Years
- +11%
- 3 Years
- +11%
- Last Year
- +11%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 59.28% | 59.33% | 59.33% | 58.48% | -0.85 pp |
| FII | 14.44% | 13.61% | 12.36% | 12.20% | -0.16 pp |
| DII | 17.45% | 18.42% | 19.69% | 20.86% | +1.17 pp |
| Government | 0.05% | 0.05% | 0.05% | 0.05% | 0.00 pp |
| Public | 8.60% | 8.41% | 8.42% | 8.22% | -0.20 pp |
| Others | 0.18% | 0.17% | 0.17% | 0.21% | +0.04 pp |
Filed with NSE for Sept 2026: promoters 58.48%, public 41.31% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 16.44% (+0.44 pp)- Promoters58.6%
- Foreign institutions12.2%
- Mutual funds16.4%
- Insurance4.0%
- Other domestic institutions0.4%
- Retail5.5%
- Others2.8%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| ICICI Pru Large Cap Fund | 0.70% | 2.92% | +0.24 pp |
| Kotak Flexi Cap Fund | 0.47% | 2.84% | +0.07 pp |
| ICICI Pru Large & Mid Cap Fund | 0.32% | 3.23% | +1.78 pp |
| HDFC Flexi Cap Fund | 0.29% | 0.87% | +0.87 pp |
| ICICI Pru Value Fund | 0.26% | 1.43% | +0.03 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 23.1%
- Downside volatility
- 23.8%
- Worst 5% of days
- 2.4%
- Average of that tail
- 3.4%
- Max drawdown (1Y)
- 20.6%
- Below its peak
- 15.3%
Against the market
- Beta vs Nifty 50
- 1.25
- Correlation
- 0.72
- Relative strength (3M)
- -1.9%
- ATR (14)
- 2.4%
Return
- Return 1M
- +0.5%
- Return 3M
- -7.2%
- Return 6M
- -9.4%
- Return 1Y
- -8.5%
- vs 200-day average
- -5.1%
Momentum
- RSI (14)
- 53.9
- MACD histogram
- 55.54
- Stochastic %K
- 78.7
- ADX (14)
- 22.8
- +DI / −DI
- 16.9 / 13.3
- Money flow index
- 59.7
Participation
- Delivery (20d avg)
- 53.8%
- vs its 60-day baseline
- -3.8 pts
- Volume vs 20-day
- -0.0σ
- Close vs day's VWAP
- +1.3%
- 52-week position
- 26 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
6 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — passed
- Free cash flow
- ₹5,638 Cr
- FCF yield
- 1.7%
- Cash conversion
- 1.87
- Accruals ratio
- -0.050
- Net debt
- ₹23,401 Cr
- Net debt / equity
- 0.31
- EV / sales
- 3.64
- PEG
- 1.79
- Capex intensity
- 10.9%
- Revenue CAGR
- 11.9%
- Profit CAGR
- 21.2%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹10,874.32
-1.6%
Upper edge (90th percentile)
₹11,114.2
+0.6%
The marker is the last close, ₹11,050. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹10,992.93 (-0.5%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹240.00
Dividend - Rs 240 Per Share
30 Jul 2026ex-date - dividend₹77.50
Dividend - Rs 77.50 Per Sh
25 Jul 2025ex-date - dividend₹70.00
Annual General Meeting/Dividend - Rs 70 Per Share
30 Jul 2024ex-date - dividend₹38.00
Annual General Meeting/Dividend - Rs 38 Per Share
27 Jul 2023ex-date - dividend₹38.00
Annual General Meeting/Dividend - Rs 38 Per Share
2 Aug 2022ex-date - dividend₹37.00
Annual General Meeting/Dividend - Rs 37 Per Share
2 Aug 2021ex-date - dividend₹13.00
Annual General Meeting/Dividend - Rs 13 Per Share
29 Jul 2020ex-date - dividend₹11.50
Annual General Meeting/Dividend - Rs 11.50 Per Share
10 Jul 2019ex-date - dividend₹10.50
Annual General Meeting/Dividend- Rs 10.50 Per Share
10 Jul 2018ex-date - dividend₹10.00
Annual General Meeting/Dividend - Rs 10 Per Share
10 Jul 2017ex-date - dividend₹9.50
Annual General Meeting/ Dividend -Rs 9.50/- Per Share
4 Jul 2016ex-date - dividend₹9.00
Annual General Meeting/ Dividend - Rs 9/- Per Share
14 Aug 2015ex-date - dividend₹9.00
Annual General Meeting/Dividend - Rs.9/- Per Share
24 Jul 2014ex-date - dividend₹9.00
Annual General Meeting And Dividend Rs.9/- Per Share
17 Jul 2013ex-date - dividend₹8.00
Annual General Meeting And Dividend Rs.8/- Per Share
17 Aug 2012ex-date - dividend₹6.00
Dividend Rs 6 Per Share
25 Aug 2011ex-date - dividend₹6.00
Final Dividend-Rs.6/- Per Share
21 Jun 2010ex-date - otherNot available — not reported in this filing
Agm/Div-Rs.5/- Per Share
9 Jul 2009ex-date - dividendNot available — not reported in this filing
Agm/Dividend - 50%
9 Jul 2008ex-date - otherNot available — not reported in this filing
Agm
11 Jul 2007ex-date
Company announcements
Outcome of Postal Ballot - Voting Results
Outcome of Postal Ballot - Voting Results
Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018.
UltraTech becomes first cement company in India to surpass 2 gigawatts of green energy capacity for captive use.
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Newspaper Advertisement regarding the Notice of Special Window for Transfer and Dematerialisation of Physical Securities
Intimation regarding Earnings Call of UltraTech Cement Limited
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Regulation 30(11) of the SEBI (LODR) Regulations, 2015
Commissioning of cement capacity
Newspaper Advertisement regarding loss of share certificate
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.
Filed with BSE (scrip 532538); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Adjudication order
Adjudication Order in the matter of circulation of UPSI through WhatsApp messages with respect to Ultratech Cement Limited
29 Sept 2022Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026SlidesRecording
- Jul 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Jan 2026TranscriptSlidesRecording
- Oct 2025TranscriptSlides
- Oct 2025SlidesRecording
Credit ratings
- Rating update · 17 Aug from crisil
- Rating update · 23 Jul from crisil
- Rating update · 23 Jul from care
- Rating update · 24 Jun from care
- Rating update · 10 Apr from care
- Rating update · 19 Sep 2025 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 19 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
UltraTech Cement: common questions
Answered from the figures on this page.
