UltraTech Cement Limited

NSEI:ULTRACEMCO Stock Report

Market Cap: ₹3.5t

UltraTech Cement Past Earnings Performance

Past criteria checks 4/6

UltraTech Cement has been growing earnings at an average annual rate of 1.9%, while the Basic Materials industry saw earnings declining at 0.5% annually. Revenues have been growing at an average rate of 13% per year. UltraTech Cement's return on equity is 9.6%, and it has net margins of 8.9%.

Key information

1.87%

Earnings growth rate

1.60%

EPS growth rate

Basic Materials Industry Growth2.92%
Revenue growth rate12.97%
Return on equity9.61%
Net Margin8.93%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet

Oct 28
UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet

Investors Met With Slowing Returns on Capital At UltraTech Cement (NSE:ULTRACEMCO)

Oct 09
Investors Met With Slowing Returns on Capital At UltraTech Cement (NSE:ULTRACEMCO)

What You Can Learn From UltraTech Cement Limited's (NSE:ULTRACEMCO) P/E

Sep 18
What You Can Learn From UltraTech Cement Limited's (NSE:ULTRACEMCO) P/E

This Is Why UltraTech Cement Limited's (NSE:ULTRACEMCO) CEO Compensation Looks Appropriate

Aug 13
This Is Why UltraTech Cement Limited's (NSE:ULTRACEMCO) CEO Compensation Looks Appropriate

UltraTech Cement (NSE:ULTRACEMCO) Is Paying Out A Larger Dividend Than Last Year

Jul 25
UltraTech Cement (NSE:ULTRACEMCO) Is Paying Out A Larger Dividend Than Last Year

The UltraTech Cement Limited (NSE:ULTRACEMCO) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Jul 24
The UltraTech Cement Limited (NSE:ULTRACEMCO) First-Quarter Results Are Out And Analysts Have Published New Forecasts

UltraTech Cement (NSE:ULTRACEMCO) Is Reinvesting At Lower Rates Of Return

Jun 10
UltraTech Cement (NSE:ULTRACEMCO) Is Reinvesting At Lower Rates Of Return

We Think UltraTech Cement (NSE:ULTRACEMCO) Is Taking Some Risk With Its Debt

May 23
We Think UltraTech Cement (NSE:ULTRACEMCO) Is Taking Some Risk With Its Debt

Earnings Miss: UltraTech Cement Limited Missed EPS By 6.7% And Analysts Are Revising Their Forecasts

May 01
Earnings Miss: UltraTech Cement Limited Missed EPS By 6.7% And Analysts Are Revising Their Forecasts

UltraTech Cement Limited's (NSE:ULTRACEMCO) Price In Tune With Earnings

Mar 22
UltraTech Cement Limited's (NSE:ULTRACEMCO) Price In Tune With Earnings

Results: UltraTech Cement Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 26
Results: UltraTech Cement Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Returns At UltraTech Cement (NSE:ULTRACEMCO) Appear To Be Weighed Down

Jan 22
Returns At UltraTech Cement (NSE:ULTRACEMCO) Appear To Be Weighed Down

These 4 Measures Indicate That UltraTech Cement (NSE:ULTRACEMCO) Is Using Debt Reasonably Well

Dec 17
These 4 Measures Indicate That UltraTech Cement (NSE:ULTRACEMCO) Is Using Debt Reasonably Well
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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.

Revenue & Expenses Breakdown

How UltraTech Cement makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ULTRACEMCO Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25817,24572,990219,8580
30 Jun 25784,12067,702215,6760
31 Mar 25759,55160,391211,5370
31 Dec 24713,16662,443195,3670
30 Sep 24708,63265,517192,6530
30 Jun 24712,40670,131190,3000
31 Mar 24709,08170,050189,8030
31 Dec 23691,51664,128184,8840
30 Sep 23679,32556,941182,7220
30 Jun 23658,13151,683176,8310
31 Mar 23632,40050,640168,0300
31 Dec 22603,44958,585160,0200
30 Sep 22578,08965,080153,8320
30 Jun 22559,33070,658149,4170
31 Mar 22525,98871,844143,0640
31 Dec 21512,37264,991142,1670
30 Sep 21505,14263,757141,2770
30 Jun 21488,84662,286134,5890
31 Mar 21447,25853,202124,5080
31 Dec 20408,69665,736119,5060
30 Sep 20390,92956,502114,5950
30 Jun 20383,38853,312113,5520
31 Mar 20424,29957,553124,4250
31 Dec 19395,20236,676109,7240
30 Sep 19396,10533,521110,9050
30 Jun 19386,56730,105109,9370
31 Mar 19416,08824,035127,9430
31 Dec 18362,49218,486108,5870
30 Sep 18346,60319,113104,6890
30 Jun 18333,97519,572100,0820
31 Mar 18309,78622,22292,7900
31 Dec 17291,95625,02085,9260
30 Sep 17269,88526,40380,0150
30 Jun 17258,23028,31874,9240
31 Mar 17253,74927,14975,7400
31 Dec 16253,38626,15775,3400
30 Sep 16254,10425,86775,4980
30 Jun 16255,37224,62874,5470
31 Mar 16251,53224,78075,6720
31 Dec 15249,80722,21286,1370
30 Sep 15247,04220,75384,8110
30 Jun 15244,48120,62669,9940
31 Mar 15240,80820,98368,5840
31 Dec 14238,51823,06078,0130

Quality Earnings: ULTRACEMCO has high quality earnings.

Growing Profit Margin: ULTRACEMCO's current net profit margins (8.9%) are lower than last year (9.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ULTRACEMCO's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: ULTRACEMCO's earnings growth over the past year (11.4%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: ULTRACEMCO earnings growth over the past year (11.4%) exceeded the Basic Materials industry -2.9%.


Return on Equity

High ROE: ULTRACEMCO's Return on Equity (9.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/02 03:57
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 82 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital
Satyadeep JainAmbit Capital