UltraTech Cement Limited, together with its subsidiaries, manufactures and sells cement and cement related products in India. More Details
Solid track record average dividend payer.
Share Price & News
How has UltraTech Cement's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ULTRACEMCO is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ULTRACEMCO's weekly volatility (3%) has been stable over the past year.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: ULTRACEMCO underperformed the Indian Basic Materials industry which returned 16% over the past year.
Return vs Market: ULTRACEMCO exceeded the Indian Market which returned 7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is UltraTech Cement's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Think UltraTech Cement (NSE:ULTRACEMCO) Can Stay On Top Of Its Debt
3 weeks ago | Simply Wall StTrade Alert: The Chairman Of UltraTech Cement Limited (NSE:ULTRACEMCO), Kumar Birla, Has Just Spent ₹497m Buying 388% More Shares
1 month ago | Simply Wall StUltraTech Cement Limited Just Beat Revenue By 12%: Here's What Analysts Think Will Happen Next
Is UltraTech Cement undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ULTRACEMCO (₹4802) is trading above our estimate of fair value (₹2422.93)
Significantly Below Fair Value: ULTRACEMCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ULTRACEMCO is poor value based on its PE Ratio (24.5x) compared to the IN Basic Materials industry average (19x).
PE vs Market: ULTRACEMCO is poor value based on its PE Ratio (24.5x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: ULTRACEMCO is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ULTRACEMCO is overvalued based on its PB Ratio (3.4x) compared to the IN Basic Materials industry average (1.1x).
How is UltraTech Cement forecast to perform in the next 1 to 3 years based on estimates from 30 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ULTRACEMCO's forecast earnings growth (21.1% per year) is above the savings rate (7.2%).
Earnings vs Market: ULTRACEMCO's earnings (21.1% per year) are forecast to grow slower than the Indian market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ULTRACEMCO's revenue (11.6% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: ULTRACEMCO's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ULTRACEMCO's Return on Equity is forecast to be low in 3 years time (12.8%).
How has UltraTech Cement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ULTRACEMCO has high quality earnings.
Growing Profit Margin: ULTRACEMCO's current net profit margins (14.4%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: ULTRACEMCO's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: ULTRACEMCO's earnings growth over the past year (73.4%) exceeds its 5-year average (17.3% per year).
Earnings vs Industry: ULTRACEMCO earnings growth over the past year (73.4%) exceeded the Basic Materials industry 2.7%.
Return on Equity
High ROE: ULTRACEMCO's Return on Equity (13.9%) is considered low.
How is UltraTech Cement's financial position?
Financial Position Analysis
Short Term Liabilities: ULTRACEMCO's short term assets (₹197.1B) exceed its short term liabilities (₹181.3B).
Long Term Liabilities: ULTRACEMCO's short term assets (₹197.1B) do not cover its long term liabilities (₹224.2B).
Debt to Equity History and Analysis
Debt Level: ULTRACEMCO's debt to equity ratio (48.3%) is considered high.
Reducing Debt: ULTRACEMCO's debt to equity ratio has increased from 46.4% to 48.3% over the past 5 years.
Debt Coverage: ULTRACEMCO's debt is well covered by operating cash flow (52.9%).
Interest Coverage: ULTRACEMCO's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is UltraTech Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ULTRACEMCO's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.54%).
High Dividend: ULTRACEMCO's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (2.14%).
Stability and Growth of Payments
Stable Dividend: ULTRACEMCO's dividends per share have been stable in the past 10 years.
Growing Dividend: ULTRACEMCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.6%), ULTRACEMCO's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ULTRACEMCO's dividends in 3 years are forecast to be thoroughly covered by earnings (9.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kailash Jhanwar (63 yo)
Mr. Kailash Chandra Jhanwar, B.Com, FCA, C.S (Inter) has been Managing Director of UltraTech Cement Limited since January 1, 2020 and has been its Whole-time Director since October 19, 2018. Mr. Jhanwar se...
CEO Compensation Analysis
Compensation vs Market: Kailash's total compensation ($USD867.10K) is about average for companies of similar size in the Indian market ($USD929.93K).
Compensation vs Earnings: Kailash's compensation has increased by more than 20% in the past year.
|MD & Whole-time Director||0.83yr||₹64.00m||0.0016% |
|CFO & Wholetime Director||4.42yrs||₹26.10m||0.0033% |
|Chairman||no data||₹400.00k||0.062% |
|Non-Executive Director||16.5yrs||₹12.37m||0.014% |
|Non-Executive Vice Chairman||0.83yr||₹212.00m||no data|
|Independent Director||6.92yrs||₹3.05m||no data|
|Independent Director||12.17yrs||₹4.08m||no data|
|Independent Director||4.42yrs||₹3.28m||no data|
|Independent Director||6.08yrs||₹2.38m||no data|
Experienced Board: ULTRACEMCO's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ULTRACEMCO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
UltraTech Cement Limited's company bio, employee growth, exchange listings and data sources
- Name: UltraTech Cement Limited
- Ticker: ULTRACEMCO
- Exchange: NSEI
- Founded: 2000
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹1.394t
- Shares outstanding: 288.42m
- Website: https://www.ultratechcement.com
Number of Employees
- UltraTech Cement Limited
- Ahura Centre
- "B" Wing, 2nd floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532538||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 2004|
|ULTRACEMCO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 2004|
|ULC14||BDL (Bourse de Luxembourg)||SPONS GDR 144A||LU||USD||Aug 2004|
|UCLQ.F||OTCPK (Pink Sheets LLC)||SPON GDR REG S||US||USD||Sep 2004|
|ULCL1||BDL (Bourse de Luxembourg)||SPON GDR REG S||LU||USD||Sep 2004|
UltraTech Cement Limited, together with its subsidiaries, manufactures and sells cement and cement related products in India. It offers ordinary Portland cement, Portland blast furnace slag cement, Portlan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 12:04|
|End of Day Share Price||2020/11/27 00:00|
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 here.