UltraTech Cement Management
Management criteria checks 2/4
UltraTech Cement's CEO is Kailash Jhanwar, appointed in Jan 2020, has a tenure of 5.67 years. total yearly compensation is ₹230.31M, comprised of 76% salary and 24% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth ₹415.54M. The average tenure of the management team and the board of directors is 3.5 years and 4.1 years respectively.
Key information
Kailash Jhanwar
Chief executive officer
₹230.3m
Total compensation
| CEO salary percentage | 76.02% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
This Is Why UltraTech Cement Limited's (NSE:ULTRACEMCO) CEO Compensation Looks Appropriate
Aug 13
UltraTech Cement (NSE:ULTRACEMCO) Is Paying Out A Larger Dividend Than Last Year
Jul 25The UltraTech Cement Limited (NSE:ULTRACEMCO) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Jul 24UltraTech Cement (NSE:ULTRACEMCO) Is Reinvesting At Lower Rates Of Return
Jun 10We Think UltraTech Cement (NSE:ULTRACEMCO) Is Taking Some Risk With Its Debt
May 23Earnings Miss: UltraTech Cement Limited Missed EPS By 6.7% And Analysts Are Revising Their Forecasts
May 01UltraTech Cement Limited's (NSE:ULTRACEMCO) Price In Tune With Earnings
Mar 22Results: UltraTech Cement Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 26Returns At UltraTech Cement (NSE:ULTRACEMCO) Appear To Be Weighed Down
Jan 22These 4 Measures Indicate That UltraTech Cement (NSE:ULTRACEMCO) Is Using Debt Reasonably Well
Dec 17
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.Earnings Miss: UltraTech Cement Limited Missed EPS By 15% And Analysts Are Revising Their Forecasts
Oct 24Getting In Cheap On UltraTech Cement Limited (NSE:ULTRACEMCO) Is Unlikely
Oct 22UltraTech Cement's (NSE:ULTRACEMCO) Returns On Capital Are Heading Higher
Oct 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | ₹68b |
| Mar 31 2025 | ₹230m | ₹175m | ₹60b |
| Dec 31 2024 | n/a | n/a | ₹62b |
| Sep 30 2024 | n/a | n/a | ₹66b |
| Jun 30 2024 | n/a | n/a | ₹70b |
| Mar 31 2024 | ₹187m | ₹134m | ₹70b |
| Dec 31 2023 | n/a | n/a | ₹64b |
| Sep 30 2023 | n/a | n/a | ₹57b |
| Jun 30 2023 | n/a | n/a | ₹52b |
| Mar 31 2023 | ₹173m | ₹121m | ₹51b |
| Dec 31 2022 | n/a | n/a | ₹59b |
| Sep 30 2022 | n/a | n/a | ₹65b |
| Jun 30 2022 | n/a | n/a | ₹71b |
| Mar 31 2022 | ₹122m | ₹69m | ₹72b |
| Dec 31 2021 | n/a | n/a | ₹65b |
| Sep 30 2021 | n/a | n/a | ₹64b |
| Jun 30 2021 | n/a | n/a | ₹62b |
| Mar 31 2021 | ₹86m | ₹69m | ₹53b |
| Dec 31 2020 | n/a | n/a | ₹66b |
| Sep 30 2020 | n/a | n/a | ₹57b |
| Jun 30 2020 | n/a | n/a | ₹53b |
| Mar 31 2020 | ₹64m | ₹46m | ₹58b |
| Dec 31 2019 | n/a | n/a | ₹37b |
| Sep 30 2019 | n/a | n/a | ₹34b |
| Jun 30 2019 | n/a | n/a | ₹30b |
| Mar 31 2019 | ₹19m | ₹19m | ₹24b |
Compensation vs Market: Kailash's total compensation ($USD2.61M) is above average for companies of similar size in the Indian market ($USD1.18M).
Compensation vs Earnings: Kailash's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Kailash Jhanwar (68 yo)
Mr. Kailash Chandra Jhanwar, B.Com, FCA, C.S (Inter), is Non-Executive Non-Independent Director of The India Cements Limited from December 25, 2024. He has been Managing Director of UltraTech Cement Limite...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Whole-time Director | 5.7yrs | ₹230.31m | 0.011% ₹ 415.5m | |
| Chief Financial Officer | 10.8yrs | ₹31.66m | 0.0048% ₹ 178.3m | |
| Whole-time Director & Chief Marketing Officer | no data | ₹117.07m | 0.0040% ₹ 147.2m | |
| President of International Operations | no data | no data | no data | |
| Executive President of Corporate Finance Division | no data | ₹3.15m | no data | |
| Chief Digital & Information Officer | less than a year | no data | no data | |
| Compliance Officer & Company Secretary | no data | ₹16.90m | no data | |
| Group Executive President of Corporate Communication & CSR | no data | no data | no data | |
| Chief Human Resources Officer | 1.4yrs | no data | no data | |
| Chief Manufacturing Officer | no data | no data | no data | |
| Joint Executive President of Business Analysis & Development | no data | no data | no data | |
| Chief Executive Officer of Birla White | no data | no data | no data |
Experienced Management: ULTRACEMCO's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Whole-time Director | 6.9yrs | ₹230.31m | 0.011% ₹ 415.5m | |
| Whole-time Director & Chief Marketing Officer | 1.3yrs | ₹117.07m | 0.0040% ₹ 147.2m | |
| Non-Executive Chairman | 21.3yrs | ₹590.00k | 0.11% ₹ 4.0b | |
| Non-Executive Director | 21.3yrs | ₹69.62m | 0.014% ₹ 526.7m | |
| Non-Executive Non-Independent Vice Chairman | 9.4yrs | ₹4.43m | 0.00062% ₹ 23.0m | |
| Independent Director | 1.2yrs | ₹9.92m | no data | |
| Independent Director | 9.3yrs | ₹13.66m | 0.00015% ₹ 5.6m | |
| Independent Director | less than a year | ₹6.24m | no data | |
| Independent Director | less than a year | no data | 0.000010% ₹ 370.7k | |
| Independent Director | 1.2yrs | ₹10.97m | no data |
Experienced Board: ULTRACEMCO's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/06 15:08 |
| End of Day Share Price | 2025/09/05 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
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
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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 91 analysts. 40 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 |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |
| Satyadeep Jain | Ambit Capital |