Anuncio • Jun 11
Ultratech Cement Limited Announces the Retirement of Alka Bharucha as Independent Director, Effective June 8, 2026 UltraTech Cement Limited announced that the tenure of Mrs. Alka Bharucha (DIN:00114067) as an Independent Director of the Company concluded on June 8, 2026. In accordance with the relevant provisions governing her appointment, Mrs. Bharucha served the full term envisaged for an Independent Director and, accordingly, demitted office upon its conclusion. The reason for change was retirement post completion of second term as independent director on June 8, 2026. Anuncio • Jun 01
UltraTech Cement Limited to Report Q1, 2027 Results on Jul 20, 2026 UltraTech Cement Limited announced that they will report Q1, 2027 results on Jul 20, 2026 Reported Earnings • Apr 28
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: ₹278 (up from ₹205 in FY 2025). Revenue: ₹890.9b (up 17% from FY 2025). Net income: ₹81.7b (up 35% from FY 2025). Profit margin: 9.2% (up from 8.0% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.0% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 02
UltraTech Cement Limited to Report Fiscal Year 2026 Results on Apr 27, 2026 UltraTech Cement Limited announced that they will report fiscal year 2026 results on Apr 27, 2026 Anuncio • Feb 17
Jindal Power, Vedanta and Havells Reportedly Among 22 Bidders for Gupta Power Jindal Power Limited, Vedanta Limited (NSEI:VEDL) and Havells India Limited (NSEI:HAVELLS) are among 22 prospective bidders that have submitted expressions of interest (EoIs) to acquire debt-laden Gupta Power Infrastructure Limited, which has admitted debtor claims of INR 42,400 million and is undergoing insolvency proceedings, people aware of the development told ET. The company, which is a manufacturer of cables, wire rods, and conductors, is being resolved under the corporate insolvency resolution process (CIRP). Other interested bidders include UltraTech Cement Limited (NSEI:ULTRACEMCO), Waaree Energies Limited (NSEI:WAAREEENER), Torrent Electricals (TCL Cables Private Limited) and Himadri Speciality Chemical Limited (BSE:500184), Orissa Metaliks Private Limited and Abci Infrastructures Private Limited. The deadline for submission of resolution plans is February 20. Some bidders have come as consortium partners. Engineering and manufacturing companies including Karamtara Engineering Limited, Cabcon India Limited, Transrail Lighting Limited (NSEI:TRANSRAILL), Titagarh Rail Systems Limited (NSEI:TITAGARH) and Jsk Industries Private Limited have submitted EoIs. Non-banking finance company Authum Investment & Infrastructure Limited (BSE:539177) is also among the applicants. Two investors have filed bids in their individual capacities, the people added. The National Company Law Tribunal (NCLT), Kolkata Bench, admitted the insolvency petition filed by a consortium of banks led by Canara Bank on September 26, 2025, appointing Pradeep Kumar Kabra as the interim resolution professional (IRP). Reported Earnings • Jan 26
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: EPS: ₹58.66 (up from ₹50.99 in 3Q 2025). Revenue: ₹218.3b (up 27% from 3Q 2025). Net income: ₹17.3b (up 17% from 3Q 2025). Profit margin: 7.9% (down from 8.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Dec 01
UltraTech Cement Limited to Report Q3, 2026 Results on Jan 26, 2026 UltraTech Cement Limited announced that they will report Q3, 2026 results on Jan 26, 2026 Reported Earnings • Oct 19
Second quarter 2026 earnings released: EPS: ₹41.87 (vs ₹28.45 in 2Q 2025) Second quarter 2026 results: EPS: ₹41.87 (up from ₹28.45 in 2Q 2025). Revenue: ₹197.8b (up 27% from 2Q 2025). Net income: ₹12.3b (up 50% from 2Q 2025). Profit margin: 6.2% (up from 5.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Sep 01
UltraTech Cement Limited to Report Q2, 2026 Results on Oct 18, 2025 UltraTech Cement Limited announced that they will report Q2, 2026 results at 9:08 AM, Indian Standard Time on Oct 18, 2025 Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Venkatadri Chandrasekaran was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • Aug 20
Ultratech Cement Limited Announces Appointment of V. Chandrasekaran as an Independent Director UltraTech Cement Limited at its AGM, held on August 19, 2025, announced appointment of Mr. V. Chandrasekaran as an Independent Director. Declared Dividend • Jul 23
Dividend increased to ₹77.50 Dividend of ₹77.50 is 11% higher than last year. Ex-date: 25th July 2025 Payment date: 18th September 2025 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (148% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Anuncio • Jul 21
Ultratech Cement Limited Announces Retirement of Mr. Sunil Duggal as Independent Director, Effective from 14th August, 2025 UltraTech Cement Limited announced retirement of Mr. Sunil Duggal's (DIN: 00041825) as an independent director. He has indicated that owing to current engagements and personal commitments, he does not wish to be considered for re-appointment for a second term. Date of cessation: 14th August, 2025. Reported Earnings • Jul 08
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: ₹205 (down from ₹243 in FY 2024). Revenue: ₹759.6b (up 7.1% from FY 2024). Net income: ₹60.4b (down 14% from FY 2024). Profit margin: 8.0% (down from 9.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Anuncio • Jun 02
UltraTech Cement Limited to Report Q1, 2026 Results on Jul 21, 2025 UltraTech Cement Limited announced that they will report Q1, 2026 results on Jul 21, 2025 Anuncio • May 30
UltraTech Cement Limited (NSEI:ULTRACEMCO) completed the acquisition of Wonder Wallcare Private Limited. UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire Wonder Wallcare Private Limited for an enterprise value of INR 2.4 billion on April 3, 2025. A cash consideration will be paid by UltraTech Cement Limited.
The transaction is subject to the approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is within 3 months.
UltraTech Cement Limited (NSEI:ULTRACEMCO) completed the acquisition of Wonder Wallcare Private Limited on May 29, 2025. Reported Earnings • Apr 29
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: ₹205 (down from ₹243 in FY 2024). Revenue: ₹759.6b (up 7.1% from FY 2024). Net income: ₹60.4b (down 14% from FY 2024). Profit margin: 8.0% (down from 9.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Anuncio • Apr 04
UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire Wonder Wallcare Private Limited for an enterprise value of INR 2.4 billion UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire Wonder Wallcare Private Limited for an enterprise value of INR 2.4 billion on April 3, 2025. A cash consideration will be paid by UltraTech Cement Limited. As part of consideration, an undisclosed value is paid towards common equity of Wonder Wallcare Private Limited.
The expected completion of the transaction is within 3 months. Anuncio • Mar 03
UltraTech Cement Limited to Report Q4, 2025 Results on Apr 28, 2025 UltraTech Cement Limited announced that they will report Q4, 2025 results on Apr 28, 2025 Anuncio • Jan 29
UltraTech Cement Limited Appoints Laxshmivarahan Ramasubramani as Chief Digital and Information Officer with Effect from January 31, 2025 UltraTech Cement Limited announced the appointment of Mr. Laxshmivarahan Ramasubramani as Chief Digital and Information Officer with effect from January 31, 2025. Laxshmivarahan is an Electronics & Telecommunication Engineer from Government College of Engineering, Aurangabad and an MBA from Indian Institute of Management, Bangalore. He has more than two decades of diverse experience across industries like Oil & Gas, Manufacturing and Supply Chain, Mining & Metals, Power, Engineering & Construction, Life Sciences, Technology and eCommerce. He started his career with Siemens in 1999 and has since held key roles at GE Energy, Honeywell, Wipro, and Vedanta. Most recently, he served as the Group Chief Digital and Information Officer at Jubilant Bhartia Group. Anuncio • Jan 27
Ultratech Reportedly in Advanced Talks to Acquire Heidelbergcement in INR 33.81 Billion Deal Shares of HeidelbergCement India Limited (BSE:500292) surged up to 10% on January 27 as Moneycontrol reported, citing people familiar with the matter, that Aditya Birla Group’s flagship company UltraTech Cement Limited (NSEI:ULTRACEMCO) is in advanced talks with German cement major Heidelberg to acquire its Indian-listed business. Following the Moneycontrol article, HeidelbergCement India's shares rose as high as 10% to trade at INR 242.5 apiece. However, the shares pared their gains subsequently and at 12:30 pm on January 27, they were trading 5.5% higher at INR 227 apiece. Top Aditya Birla group executives recently met the German cement maker’s global management to discuss the acquisition of HeidelbergCement India, the sources told Moneycontrol. Heidelberg owns a 69.39% stake in the company, which is listed on the Indian stock exchanges. The stake was worth around INR 33.81 Billion at the stock’s closing price on January 24. Moneycontrol reported on October 7 that Heidelberg had drawn interest from major Indian cement makers such as Adani group and JSW Cement as well as UltraTech. The Economic Times also reported on October 7 that Adani group had begun talks with Heidelberg for the acquisition of its India assets. Reported Earnings • Jan 24
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: ₹50.99 (down from ₹61.66 in 3Q 2024). Revenue: ₹171.9b (up 2.7% from 3Q 2024). Net income: ₹14.7b (down 17% from 3Q 2024). Profit margin: 8.5% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in India are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Anuncio • Dec 27
Star Cement Shares Jump 8% as UltraTech to Pick 8.69% Stake Shares of Star Cement Limited (BSE:540575) rallied 8% to INR 247.75 on the BSE on December 27, 2024 after Aditya Birla Group company UltraTech Cement Limited (NSEI:ULTRACEMCO) announced it is buying approximately an 8.69% stake in Star Cement for about INR 8.51 billion. "The Board of Directors of the Company at its meeting considered the proposal and approved making an investment to acquire non-controlling minority stake upto 37.0 million equity shares of Star Cement at a price not exceeding INR 235 per share, excluding STT; stamp duty and other levies," UltraTech said in a regulatory filing. It was stated that some promoters and promoter group entities of Star Cement propose to sell their equity holdings and have approached the company. Media reports had earlier stated that Ambuja Cement, a part of the Adani Group, was in talks to acquire Star Cement as part of its expansion strategy in the Northeast, where Star Cement holds a significant market share. However, Star Cement dismissed these reports, stating that they were speculative and clarifying that no such discussions were underway. The acquisition is expected to be completed within one month and would be an all-cash deal. Anuncio • Dec 02
UltraTech Cement Limited to Report Q3, 2025 Results on Jan 21, 2025 UltraTech Cement Limited announced that they will report Q3, 2025 results on Jan 21, 2025 Anuncio • Oct 28
UltraTech Cement Limited Approves the Appointment of Vikas Balia as Independent Director UltraTech Cement Limited at its AGM/EGM held on October 26, 2024, approved the appointment of Dr. Vikas Balia as an Independent Director of the Company. Reported Earnings • Oct 22
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: ₹28.45 (down from ₹44.46 in 2Q 2024). Revenue: ₹156.3b (down 2.4% from 2Q 2024). Net income: ₹8.20b (down 36% from 2Q 2024). Profit margin: 5.2% (down from 8.0% in 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Anuncio • Sep 02
UltraTech Cement Limited to Report Q2, 2025 Results on Oct 21, 2024 UltraTech Cement Limited announced that they will report Q2, 2025 results on Oct 21, 2024 Anuncio • Aug 15
Ultratech Cement Limited Appoints Anita Ramachandran and Anjani -Kumar Agrawal as an Independent Director UltraTech Cement Limited at its AGM held on August 14,2024 appointed Anita Ramachandran and Anjani -Kumar Agrawal as an Independent Director. Anuncio • Jul 30
UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire additional 4.30% stake in The India Cements Limited (NSEI:INDIACEM) from Sri Saradha Logistics Private Limited for INR 5.2 billion. UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire additional 4.30% stake in The India Cements Limited (NSEI:INDIACEM) from Sri Saradha Logistics Private Limited for INR 5.2 billion on July 28, 2024. As per the transaction, UltraTech Cement Limited will acquire 13.3 million shares at INR 390 per share. In related transactions, UltraTech Cement Limited made a open offer to acquire up to 26% stake in The India Cements Limited. The transaction is approved by board of directors of UltraTech Cement Limited and is subject to regulatory approvals. Anuncio • Jul 23
UltraTech Cement Limited, Annual General Meeting, Aug 14, 2024 UltraTech Cement Limited, Annual General Meeting, Aug 14, 2024, at 15:00 Indian Standard Time. Reported Earnings • Jul 21
First quarter 2025 earnings released: EPS: ₹58.87 (vs ₹58.57 in 1Q 2024) First quarter 2025 results: EPS: ₹58.87 (up from ₹58.57 in 1Q 2024). Revenue: ₹180.7b (up 1.9% from 1Q 2024). Net income: ₹17.0b (flat on 1Q 2024). Profit margin: 9.4% (in line with 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.4% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Declared Dividend • Jul 21
Dividend increased to ₹70.00 Dividend of ₹70.00 is 84% higher than last year. Ex-date: 30th July 2024 Payment date: 13th September 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Anuncio • Jul 05
Orient Cement Shares Surges 5.5% Amid UltraTech's Plans of Acquisition Shares of Orient Cement Limited (NSEI:ORIENTCEM) surged 5.5% to the day’s high of INR 323.85 on BSE as UltraTech Cement Limited (NSEI:ULTRACEMCO) is in advanced negotiations for the acquisition of the company amid intensifying consolidation efforts in the sector. Kumar Mangalam Birla's UltraTech is in advanced negotiations with the promoter of Orient Cement, his uncle CK Birla, after restarting talks in recent weeks, said people familiar with the discussions to ET. UltraTech is said to have offered a price of INR 350 - INR 375 per share, a 22% premium to the current market price of INR 307. In the past month, the Orient Cement stock has shot up 45%, hitting an all-time high of INR 329 on July 1, largely on speculation that an acquisition deal was near conclusion. Kumar Birla's renewed efforts to buy Orient are seen as an attempt to trump Adani Cement Industries Limited and consolidate UltraTech’s position in the southern and western markets, especially Maharashtra and Telangana, after buying a 23% stake in India Cements at the end of last month. Adani Cement, which controls India's second-largest cement capacity, has been engaged in talks with CK Birla since late last year but is said to have baulked at the valuation sought. The promoter stake in Orient Cement held by the Birla family and private investment vehicles is 37.9%. The company has a market value of INR 64,175.1 million, having almost doubled from INR 38,780 million in October when ET had first reported on CK Birla’s approach to Adani. Adani’s offer was also contingent on obtaining environmental clearance for the expansion phase in Telangana, which the current Orient management was unable to commit to definitively, according to sources’ citation to ET. A formal announcement is expected before or during Orient Cement's upcoming quarterly earnings scheduled for July 19. However, the final valuation is still being worked upon and the deal may not happen if there’s a mismatch, said the people cited to ET. New Risk • Apr 30
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 107% Dividend yield: 0.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Anuncio • Apr 30
UltraTech Cement Limited Recommends Dividend for the Year Ended on March 31, 2024 UltraTech Cement Limited announced at the meeting of the Board held on 29 April, 2023, recommended a dividend of INR 70 per equity share of INR 10 each for the year ended 31 March, 2024, subject to the approval of shareholders at the upcoming Annual General Meeting (AGM) of the Company. Anuncio • Mar 02
UltraTech Cement Limited to Report Fiscal Year 2024 Results on Apr 29, 2024 UltraTech Cement Limited announced that they will report fiscal year 2024 results on Apr 29, 2024 Reported Earnings • Jan 21
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: ₹61.66 (up from ₹36.70 in 3Q 2023). Revenue: ₹168.8b (up 8.8% from 3Q 2023). Net income: ₹17.8b (up 68% from 3Q 2023). Profit margin: 11% (up from 6.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.8% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Anuncio • Dec 02
UltraTech Cement Limited to Report Q3, 2024 Results on Jan 19, 2024 UltraTech Cement Limited announced that they will report Q3, 2024 results on Jan 19, 2024 Reported Earnings • Oct 20
Second quarter 2024 earnings released: EPS: ₹44.46 (vs ₹26.21 in 2Q 2023) Second quarter 2024 results: EPS: ₹44.46 (up from ₹26.21 in 2Q 2023). Revenue: ₹161.8b (up 17% from 2Q 2023). Net income: ₹12.8b (up 70% from 2Q 2023). Profit margin: 7.9% (up from 5.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 6.6% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Anuncio • Sep 02
UltraTech Cement Limited to Report Q2, 2024 Results on Oct 19, 2023 UltraTech Cement Limited announced that they will report Q2, 2024 results on Oct 19, 2023 Anuncio • Aug 03
UltraTech Cement Limited (NSEI:ULTRACEMCO) entered into agreement to acquire 26% stake in Veh Radiant Energy Private Limited for approximately INR 150 million. UltraTech Cement Limited (NSEI:ULTRACEMCO) entered into agreement to acquire 26% stake in Veh Radiant Energy Private Limited for approximately INR 150 million on August 2, 2023. The deal is expected to close within 180 days from the execution of the agreement. Reported Earnings • Jul 21
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: ₹176 (down from ₹249 in FY 2022). Revenue: ₹632.4b (up 20% from FY 2022). Net income: ₹50.6b (down 30% from FY 2022). Profit margin: 8.0% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 6.1% decline forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 20
Upcoming dividend of ₹38.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 27 July 2023. Payment date: 10 September 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). In line with average of industry peers (0.5%). Anuncio • Jul 18
UltraTech Cement Limited, Annual General Meeting, Aug 11, 2023 UltraTech Cement Limited, Annual General Meeting, Aug 11, 2023, at 15:00 Indian Standard Time. Location: `B' Wing, Ahura Centre 2nd Floor, Mahakali Caves Road, Andheri (East) Mumbai Maharashtra India Anuncio • Jun 02
UltraTech Cement Limited to Report Q1, 2024 Results on Jul 21, 2023 UltraTech Cement Limited announced that they will report Q1, 2024 results on Jul 21, 2023 Reported Earnings • Apr 29
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: ₹176 (down from ₹249 in FY 2022). Revenue: ₹637.4b (up 21% from FY 2022). Net income: ₹50.6b (down 30% from FY 2022). Profit margin: 7.9% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jan 22
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: ₹36.70 (down from ₹59.22 in 3Q 2022). Revenue: ₹156.5b (up 21% from 3Q 2022). Net income: ₹10.6b (down 38% from 3Q 2022). Profit margin: 6.8% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 7.7%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Jan 04
UltraTech Cement Limited to Report Q3, 2023 Results on Jan 21, 2023 UltraTech Cement Limited announced that they will report Q3, 2023 results on Jan 21, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Additional Independent Director Sunil Duggal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2023 results: EPS: ₹26.21 (down from ₹45.54 in 2Q 2022). Revenue: ₹140.4b (up 17% from 2Q 2022). Net income: ₹7.56b (down 43% from 2Q 2022). Profit margin: 5.4% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 9.1%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Basic Materials industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Anuncio • Oct 01
UltraTech Cement Limited to Report Q2, 2023 Results on Oct 19, 2022 UltraTech Cement Limited announced that they will report Q2, 2023 results on Oct 19, 2022 Upcoming Dividend • Jul 26
Upcoming dividend of ₹38.00 per share Eligible shareholders must have bought the stock before 02 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (0.9%). Reported Earnings • Jul 23
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: ₹54.92 (down from ₹59.02 in 1Q 2022). Revenue: ₹151.6b (up 28% from 1Q 2022). Net income: ₹15.8b (down 7.0% from 1Q 2022). Profit margin: 10% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Over the next year, revenue is forecast to grow 9.5%, compared to a 14% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Anuncio • Jul 20
UltraTech Cement Limited Recommends Dividend for the Financial Year Ended 31 March 2022, Payable on or After 18 August 2022 The Board of Directors of UltraTech Cement Limited at their meeting held on April 29, 2022 recommended dividend at the rate of INR 38 per equity share having nominal value of INR 10 each for the financial year ended 31 March 2022. The dividend as recommended, if approved at the AGM, will be paid to eligible shareholders on or after 18 August 2022. Anuncio • Jul 19
UltraTech Cement Limited, Annual General Meeting, Aug 17, 2022 UltraTech Cement Limited, Annual General Meeting, Aug 17, 2022, at 15:00 Indian Standard Time. Location: the Registered Office of the Company i.e. `B' Wing Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (East) Mumbai Maharashtra India Agenda: To recommended the dividend. Anuncio • Jul 05
UltraTech Cement Limited to Report Q1, 2023 Results on Jul 22, 2022 UltraTech Cement Limited announced that they will report Q1, 2023 results on Jul 22, 2022 Anuncio • May 02
UltraTech Cement Limited Recommends Final Dividend for the Year Ended on March 31, 2022 UltraTech Cement Limited recommended a dividend of INR 38 per equity share of INR 10 each for the year ended 31 March, 2022, subject to the approval of shareholders at the upcoming Annual General Meeting ("AGM") of the Company. Reported Earnings • May 01
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹249 (up from ₹184 in FY 2021). Revenue: ₹526.0b (up 18% from FY 2021). Net income: ₹71.8b (up 35% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Additional Independent Director Sunil Duggal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Apr 02
UltraTech Cement Limited to Report Fiscal Year 2022 Results on Apr 29, 2022 UltraTech Cement Limited announced that they will report fiscal year 2022 results on Apr 29, 2022 Anuncio • Jan 22
UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire National Lime Stone Company Private Limited from N.G. Ghadiya Buildcon Private Limited for INR 230 million. UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire National Lime Stone Company Private Limited from N.G. Ghadiya Buildcon Private Limited for INR 230 million on January 20, 2022. The deal is expected to complete within 2 months from date of signing the agreement. Reported Earnings • Jan 18
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹59.22 (up from ₹54.93 in 3Q 2021). Revenue: ₹130.6b (up 6.5% from 3Q 2021). Net income: ₹17.1b (up 7.8% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Earnings per share (EPS) surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Additional Independent Director Sunil Duggal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 19
Second quarter 2022 earnings released: EPS ₹45.54 (vs ₹31.14 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹120.2b (up 16% from 2Q 2021). Net income: ₹13.1b (up 46% from 2Q 2021). Profit margin: 11% (up from 8.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 28
Insider recently sold ₹1.5m worth of stock On the 26th of July, Rajiv Saxena sold around 200 shares on-market at roughly ₹7,575 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹3.4m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Upcoming Dividend • Jul 26
Upcoming dividend of ₹37.00 per share Eligible shareholders must have bought the stock before 02 August 2021. Payment date: 17 September 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.4%). Price Target Changed • Jul 24
Price target increased to ₹7,997 Up from ₹7,389, the current price target is an average from 29 analysts. New target price is 6.8% above last closing price of ₹7,489. Stock is up 98% over the past year. Reported Earnings • Jul 24
First quarter 2022 earnings released: EPS ₹59.02 (vs ₹27.65 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹118.3b (up 55% from 1Q 2021). Net income: ₹17.0b (up 114% from 1Q 2021). Profit margin: 14% (up from 10% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 04
Insider recently sold ₹3.4m worth of stock On the 28th of June, Arvind Bodhankar sold around 492 shares on-market at roughly ₹6,870 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Recent Insider Transactions • Jun 24
Insider recently sold ₹3.3m worth of stock On the 16th of June, M. Mahendrakumar sold around 500 shares on-market at roughly ₹6,603 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Recent Insider Transactions • Jun 11
Insider recently sold ₹2.0m worth of stock On the 4th of June, Umesh Hota sold around 306 shares on-market at roughly ₹6,665 per share. In the last 3 months, they made an even bigger sale worth ₹2.6m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Recent Insider Transactions • May 27
Insider recently sold ₹1.7m worth of stock On the 19th of May, Rajiv Saxena sold around 250 shares on-market at roughly ₹6,678 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Anuncio • May 08
UltraTech Cement Limited Recommends Dividend The board of UltraTech Cement Limited recommended a dividend of INR 37 per equity share of INR 10 each for the year ended March 31, 2021, subject to the approval of shareholders at the upcoming Annual General Meeting of the Company. Reported Earnings • May 08
Full year 2021 earnings released: EPS ₹184 (vs ₹202 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹454.6b (up 7.9% from FY 2020). Net income: ₹53.2b (down 8.5% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 04
Insider recently sold ₹1.0m worth of stock On the 30th of March, Alok Nigam sold around 150 shares on-market at roughly ₹6,908 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.4m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Recent Insider Transactions • Mar 12
Insider recently sold ₹339k worth of stock On the 4th of March, Mukesh Agarwal sold around 50.0 shares on-market at roughly ₹6,785 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.4m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Is New 90 Day High Low • Mar 04
New 90-day high: ₹6,777 The company is up 33% from its price of ₹5,091 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹3,953 per share. Recent Insider Transactions • Feb 28
Non-Executive Vice Chairman recently sold ₹6.4m worth of stock On the 24th of February, Krishna Maheshwari sold around 1k shares on-market at roughly ₹6,389 per share. This was the largest sale by an insider in the last 3 months. This was Krishna's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 23
Insider recently sold ₹1.2m worth of stock On the 16th of February, Mukesh Agarwal sold around 200 shares on-market at roughly ₹6,154 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improved over the past week After last week's 19% share price gain to ₹6,352, the stock is trading at a trailing P/E ratio of 27.1x, up from the previous P/E ratio of 22.7x. This compares to an average P/E of 15x in the Basic Materials industry in India. Total returns to shareholders over the past three years are 54%. Is New 90 Day High Low • Feb 01
New 90-day high: ₹5,742 The company is up 26% from its price of ₹4,550 on 03 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹3,735 per share. Price Target Changed • Jan 27
Price target raised to ₹6,036 Up from ₹5,591, the current price target is an average from 29 analysts. The new target price is 13% above the current share price of ₹5,363. As of last close, the stock is up 16% over the past year. Reported Earnings • Jan 24
Third quarter 2021 earnings released: EPS ₹54.93 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹125.2b (up 21% from 3Q 2020). Net income: ₹15.8b (up 123% from 3Q 2020). Profit margin: 13% (up from 6.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 24
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the Basic Materials industry in India. Anuncio • Jan 15
UltraTech Cement Limited to Report Q3, 2021 Results on Jan 23, 2021 UltraTech Cement Limited announced that they will report Q3, 2021 results on Jan 23, 2021 Recent Insider Transactions • Jan 06
Insider recently sold ₹1.3m worth of stock On the 30th of December, Sunjoy Poddar sold around 250 shares on-market at roughly ₹5,274 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Is New 90 Day High Low • Dec 30
New 90-day high: ₹5,355 The company is up 31% from its price of ₹4,101 on 01 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹3,181 per share. Recent Insider Transactions • Dec 27
CFO & Wholetime Director recently bought ₹1.0m worth of stock On the 22nd of December, Atul Daga bought around 210 shares on-market at roughly ₹4,948 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹497m. This was Atul's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 19
Insider recently sold ₹2.1m worth of stock On the 15th of December, Sunjoy Poddar sold around 400 shares on-market at roughly ₹5,140 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Recent Insider Transactions • Dec 10
Insider recently sold ₹748k worth of stock On the 4th of December, Sunjoy Poddar sold around 150 shares on-market at roughly ₹4,987 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹2.8m. Despite this recent sale, insiders have collectively bought ₹1.6b more than they sold in the last 12 months. Is New 90 Day High Low • Dec 04
New 90-day high: ₹5,091 The company is up 30% from its price of ₹3,926 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹2,636 per share. Recent Insider Transactions • Nov 14
Insider recently sold ₹2.8m worth of stock On the 10th of November, Dilip Gaur sold around 600 shares on-market at roughly ₹4,682 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹1.0b more than they sold in the last 12 months. Is New 90 Day High Low • Nov 10
New 90-day high: ₹4,717 The company is up 18% from its price of ₹4,000 on 12 August 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹2,456 per share. Recent Insider Transactions • Oct 31
Chairman recently bought ₹497m worth of stock On the 26th of October, Kumar Birla bought around 110k shares on-market at roughly ₹4,522 per share. This was the largest purchase by an insider in the last 3 months. Kumar has been a buyer over the last 12 months, purchasing a net total of ₹510m worth in shares.