UltraTech Cement Limited, together with its subsidiaries, manufactures and sells cement and cement related products in India.
Solid track record with reasonable growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: ULTRACEMCO exceeded the Indian Basic Materials industry which returned -29.3% over the past year.
Return vs Market: ULTRACEMCO exceeded the Indian Market which returned -29.3% over the past year.
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
3 days ago | Simply Wall StEstimating The Fair Value Of UltraTech Cement Limited (NSE:ULTRACEMCO)
2 weeks ago | Simply Wall StThe UltraTech Cement (NSE:ULTRACEMCO) Share Price Is Up 27% And Shareholders Are Holding On
1 month ago | Simply Wall StDespite Its High P/E Ratio, Is UltraTech Cement Limited (NSE:ULTRACEMCO) Still Undervalued?
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 (₹3085.9) is trading above our estimate of fair value (₹2762.54)
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 (23.2x) compared to the Basic Materials industry average (10.1x).
PE vs Market: ULTRACEMCO is poor value based on its PE Ratio (23.2x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: ULTRACEMCO is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: ULTRACEMCO is overvalued based on its PB Ratio (2.5x) compared to the IN Basic Materials industry average (0.6x).
How is UltraTech Cement forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ULTRACEMCO's forecast earnings growth (22% per year) is above the savings rate (6.5%).
Earnings vs Market: ULTRACEMCO's earnings (22% per year) are forecast to grow faster than the Indian market (19.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ULTRACEMCO's revenue (9.2% per year) is forecast to grow faster than the Indian market (8.9% per year).
High Growth Revenue: ULTRACEMCO's revenue (9.2% 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 (12.7%).
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 (9.3%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: ULTRACEMCO's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: ULTRACEMCO's earnings growth over the past year (98.4%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: ULTRACEMCO earnings growth over the past year (98.4%) exceeded the Basic Materials industry 21.9%.
Return on Equity
High ROE: ULTRACEMCO's Return on Equity (10.4%) is considered low.
How is UltraTech Cement's financial position?
Financial Position Analysis
Short Term Liabilities: ULTRACEMCO's short term assets (₹157.7B) do not cover its short term liabilities (₹175.4B).
Long Term Liabilities: ULTRACEMCO's short term assets (₹157.7B) do not cover its long term liabilities (₹272.2B).
Debt to Equity History and Analysis
Debt Level: ULTRACEMCO's debt to equity ratio (75.1%) is considered high.
Reducing Debt: ULTRACEMCO's debt to equity ratio has increased from 48.1% to 75.1% over the past 5 years.
Debt Coverage: ULTRACEMCO's debt is well covered by operating cash flow (28.6%).
Interest Coverage: ULTRACEMCO's interest payments on its debt are well covered by EBIT (4x coverage).
Inventory Level: ULTRACEMCO has a high level of physical assets or inventory.
Debt Coverage by Assets: ULTRACEMCO's debt is not covered by short term assets (assets are 0.6x debt).
What is UltraTech Cement's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ULTRACEMCO's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: ULTRACEMCO's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).
Stability and Growth of Payments
Stable Dividend: ULTRACEMCO is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: ULTRACEMCO is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ULTRACEMCO is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ULTRACEMCO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kailash Jhanwar (62yo)
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 ($USD250.85K) is below average for companies of similar size in the Indian market ($USD934.17K).
Compensation vs Earnings: Insufficient data to compare Kailash's compensation with company performance.
|MD & Whole-time Director||0.17yr||₹18.91m||0.00018% ₹1.6m|
|CFO & Wholetime Director||3.75yrs||₹26.90m||0.0029% ₹26.7m|
|Chairman||no data||₹155.65m||0.0087% ₹78.8m|
|Non-Executive Director||15.83yrs||₹13.30m||0.014% ₹131.1m|
|Non-Executive Vice Chairman||0.17yr||₹129.62m||no data|
|Independent Director||6.25yrs||₹2.00m||no data|
|Independent Director||11.5yrs||₹3.15m||no data|
|Non-Executive Director||3.92yrs||₹450.00k||0.021% ₹190.4m|
|Independent Director||3.75yrs||₹2.10m||no data|
|Independent Director||5.42yrs||₹1.90m||no data|
Experienced Board: ULTRACEMCO's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ULTRACEMCO insiders have only sold shares 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: ₹907.307b
- Shares outstanding: 288.62m
- 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)||SPON GDR EA REP 1 ORD INR10 144A||LU||USD||Aug 2004|
|UCLQ.F||OTCPK (Pink Sheets LLC)||GDR EACH REPR 1 ORD INR10'REGS'||US||USD||Sep 2004|
|ULCL1||BDL (Bourse de Luxembourg)||GDR EACH REPR 1 ORD INR10'REGS'||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, Portland Pozzolana cement, white cement, and white cement based products; and ready mix concrete, including specialty concrete, as well as building products consisting AAC blocks, jointing mortars, and host of others in retail formats. The company also provides Super Stucco, a self-curing-no water curing plaster; Power Grout, a self-curing industrial grout for anchoring/grouting applications; Seal & Dry water proofing systems, which helps in water conservation in water storage tanks and canals; and C’retePro, a liquid system for mortar and concrete modifier, as well as repair mortars and concrete under the name of Basekrete and Microkrete. UltraTech Cement Limited exports its products to the United Arab Emirates, Bahrain, Bangladesh, and Sri Lanka. In addition, it offers construction products and value-added services that include technical advice during construction, construction cost calculator, vaastu consultancy, product training in various categories, and technical meets for customers. The company was formerly known as UltraTech CemCo Limited and changed its name to UltraTech Cement Limited in October 2004. The company was incorporated in 2000 and is based in Mumbai, India. UltraTech Cement Limited is a subsidiary of Grasim Industries Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 13:12|
|End of Day Share Price||2020/03/30 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.