UltraTech Cement (ULTRACEMCO) Stock Overview
Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for ULTRACEMCO from our risk checks.
ULTRACEMCO Community Fair Values
Create NarrativeSee what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
UltraTech Cement Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹11,482.00 |
| 52 Week High | ₹13,110.00 |
| 52 Week Low | ₹10,325.00 |
| Beta | 0.49 |
| 1 Month Change | -2.97% |
| 3 Month Change | -9.43% |
| 1 Year Change | 2.43% |
| 3 Year Change | 46.26% |
| 5 Year Change | 72.29% |
| Change since IPO | 4,312.76% |
Recent News & Updates
Earnings Update: UltraTech Cement Limited (NSE:ULTRACEMCO) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Shareholders might have noticed that UltraTech Cement Limited ( NSE:ULTRACEMCO ) filed its annual result this time last...
ULTRACEMCO: Capacity Expansion Will Drive Future Upside Despite GST Disputes
Analysts have revised their 12 month fair value estimate for UltraTech Cement to ₹13,636 from ₹14,045, reflecting updated assumptions for revenue growth, profit margins and forward P/E multiples. What's in the News Commissioning of 8.7 mtpa of new cement grinding capacity across Shahjahanpur in Uttar Pradesh, Visakhapatnam in Andhra Pradesh and Patratu in Jharkhand, taking domestic grey cement capacity to 200.1 mtpa and global capacity to 205.5 mtpa (company disclosure).ULTRACEMCO: Expanding Capacity Will Drive Future Upside Despite Ongoing GST Disputes
The analyst fair value estimate for UltraTech Cement has moved slightly from ₹14,090.92 to ₹14,044.87, with the adjustment linked to modest tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions as analysts refine their models. What's in the News UltraTech Cement received multiple GST orders from state and central authorities in Maharashtra, Tamil Nadu and Haryana related to alleged ineligible or excess Input Tax Credit and supplies to customers later deemed non existent, with combined tax demands, interest and penalties across various years that the company plans to contest, while indicating it does not expect a material financial impact.ULTRACEMCO: Capacity Expansion Will Drive Future Upside Despite Ongoing GST Disputes
Analysts have inched up their fair value estimate for UltraTech Cement to ₹14,090.92 from ₹14,084.45. This reflects small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E rather than any major shift in the underlying view.Recent updates
Earnings Update: UltraTech Cement Limited (NSE:ULTRACEMCO) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Shareholders might have noticed that UltraTech Cement Limited ( NSE:ULTRACEMCO ) filed its annual result this time last...ULTRACEMCO: Capacity Expansion Will Drive Future Upside Despite GST Disputes
Analysts have revised their 12 month fair value estimate for UltraTech Cement to ₹13,636 from ₹14,045, reflecting updated assumptions for revenue growth, profit margins and forward P/E multiples. What's in the News Commissioning of 8.7 mtpa of new cement grinding capacity across Shahjahanpur in Uttar Pradesh, Visakhapatnam in Andhra Pradesh and Patratu in Jharkhand, taking domestic grey cement capacity to 200.1 mtpa and global capacity to 205.5 mtpa (company disclosure).ULTRACEMCO: Expanding Capacity Will Drive Future Upside Despite Ongoing GST Disputes
The analyst fair value estimate for UltraTech Cement has moved slightly from ₹14,090.92 to ₹14,044.87, with the adjustment linked to modest tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions as analysts refine their models. What's in the News UltraTech Cement received multiple GST orders from state and central authorities in Maharashtra, Tamil Nadu and Haryana related to alleged ineligible or excess Input Tax Credit and supplies to customers later deemed non existent, with combined tax demands, interest and penalties across various years that the company plans to contest, while indicating it does not expect a material financial impact.ULTRACEMCO: Capacity Expansion Will Drive Future Upside Despite Ongoing GST Disputes
Analysts have inched up their fair value estimate for UltraTech Cement to ₹14,090.92 from ₹14,084.45. This reflects small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E rather than any major shift in the underlying view.ULTRACEMCO: GST Rulings And New Capacity Additions Will Shape Balanced Outlook
Analysts have made a small upward tweak to their UltraTech Cement fair value estimate, lifting the price target from ₹14,061.95 to ₹14,084.45. This reflects adjustments to the discount rate, revenue growth outlook and assumed future P/E multiple.ULTRACEMCO: GST Disputes And New Capacity Will Guide Balanced Outlook
Analysts have slightly increased their price target on UltraTech Cement from ₹13,965.85 to ₹14,061.95, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E multiple in their valuation work. What's in the News Multiple GST enforcement orders issued to UltraTech Cement by authorities in Tamil Nadu for alleged excess Input Tax Credit (ITC) in FY 2021-22 and FY 2019-20, with combined tax demands of about ₹10.36m and ₹93.54m, along with associated interest and penalties.UltraTech Cement Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
UltraTech Cement Limited ( NSE:ULTRACEMCO ) just released its third-quarter report and things are looking bullish...ULTRACEMCO: Expanded Capacity And Contested GST Demands Will Shape Bullish Outlook
Analysts have adjusted their price target for UltraTech Cement from ₹13,784.90 to ₹13,965.85, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News UltraTech Cement commissioned additional cement capacity of 1.8 mtpa across Dhule in Maharashtra and Nathdwara in Rajasthan, taking total domestic grey cement capacity to 188.66 mtpa and global capacity to 194.06 mtpa, including 5.4 mtpa overseas (Key Developments).Why Investors Shouldn't Be Surprised By UltraTech Cement Limited's (NSE:ULTRACEMCO) P/E
With a price-to-earnings (or "P/E") ratio of 48.5x UltraTech Cement Limited ( NSE:ULTRACEMCO ) may be sending very...Should You Be Adding UltraTech Cement (NSE:ULTRACEMCO) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Investors Met With Slowing Returns on Capital At UltraTech Cement (NSE:ULTRACEMCO)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Robust Indian Infrastructure Will Unlock Cement Opportunity
UltraTech Cement's consensus analyst price target saw a marginal increase to ₹13,785, with both the future P/E and discount rate remaining virtually unchanged, indicating stable underlying valuation assumptions. What's in the News Board meeting scheduled to consider and approve Q2 and H1 FY26 unaudited financial results.What You Can Learn From UltraTech Cement Limited's (NSE:ULTRACEMCO) P/E
When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 28x, you may consider...Robust Indian Infrastructure Will Unlock Cement Opportunity
With no change in UltraTech Cement’s discount rate or future P/E multiple, analysts’ consensus price target has remained steady at ₹13,630. What's in the News Board meeting scheduled to consider and approve unaudited financial results for the quarter and half-year ending September 2025.This Is Why UltraTech Cement Limited's (NSE:ULTRACEMCO) CEO Compensation Looks Appropriate
Key Insights UltraTech Cement to hold its Annual General Meeting on 19th of August CEO Kailash Jhanwar's total...UltraTech Cement (NSE:ULTRACEMCO) Is Paying Out A Larger Dividend Than Last Year
UltraTech Cement Limited ( NSE:ULTRACEMCO ) will increase its dividend from last year's comparable payment on the 18th...The UltraTech Cement Limited (NSE:ULTRACEMCO) First-Quarter Results Are Out And Analysts Have Published New Forecasts
UltraTech Cement Limited ( NSE:ULTRACEMCO ) came out with its quarterly results last week, and we wanted to see how the...UltraTech Cement (NSE:ULTRACEMCO) Is Reinvesting At Lower Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Riding The Wave Of Rural Growth And Sustainability For A Prosperous Future
Anticipated demand growth from improved rural conditions and government investments is expected to boost UltraTech Cement's future revenue.Shareholder Returns
| ULTRACEMCO | IN Basic Materials | IN Market | |
|---|---|---|---|
| 7D | -0.8% | 1.7% | 1.8% |
| 1Y | 2.4% | -2.2% | 0.4% |
Return vs Industry: ULTRACEMCO exceeded the Indian Basic Materials industry which returned -2.2% over the past year.
Return vs Market: ULTRACEMCO exceeded the Indian Market which returned 0.4% over the past year.
Price Volatility
| ULTRACEMCO volatility | |
|---|---|
| ULTRACEMCO Average Weekly Movement | 5.1% |
| Basic Materials Industry Average Movement | 6.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.3% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: ULTRACEMCO has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: ULTRACEMCO's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | n/a | Kailash Jhanwar | www.ultratechcement.com |
UltraTech Cement Limited, together with its subsidiaries, engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka. The company offers ordinary Portland, Portland pozzolana, composite, Weather Plus, and Portland slag; white cement, wall care putty, and value-added products; ready-mix concrete; dry mix mortars, such as tile and marble binders, plasters and mortars, industrial and precision grouts, repair and rehabilitation, and flooring screed; and waterproofing products, including liquid and cement waterproofing products. It also provides masonry products; and TMT steel bars, paints, waterproofing solutions and treatments, switchboards and fittings, plywood, shuttering ply, power and hand tools, PVC pipes, sanitary ware, roofing sheets, and water storage tanks, as well as flooring materials, such as marble, granite, and semi-precious stones through its retail stores under UltraTech Home Expert Store brand name.
UltraTech Cement Limited Fundamentals Summary
| ULTRACEMCO fundamental statistics | |
|---|---|
| Market cap | ₹3.44t |
| Earnings (TTM) | ₹81.66b |
| Revenue (TTM) | ₹885.12b |
Is ULTRACEMCO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ULTRACEMCO income statement (TTM) | |
|---|---|
| Revenue | ₹885.12b |
| Cost of Revenue | ₹367.86b |
| Gross Profit | ₹517.26b |
| Other Expenses | ₹435.60b |
| Earnings | ₹81.66b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 277.58 |
| Gross Margin | 58.44% |
| Net Profit Margin | 9.23% |
| Debt/Equity Ratio | 28.2% |
How did ULTRACEMCO perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/29 11:31 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
UltraTech Cement Limited is covered by 70 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Srivastava | 360 ONE Capital Market Private Limited |
| Satyadeep Jain | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |