Ultratech Cement Limited, Fundamental analysis

Ultratech Cement Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Cement
Variance Full Year Net Profit Variance	36
Equity Latest Equity	294.68
Face Value Latest Face Value	10
Reserves Total Reserve	76328.86
Dividend Full Year Dividend %	2400
Sales Turnover Full Year Net Sales	88511.53
Net Profit Full Year Net Profit	8269.46
Full Year CPS Full Year Cash Per Share	438.2
Earning Per Share Full Year Earning Per Share	280.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	25799.47
Previous EPS Previous earnings per share	0
Book Value Book value	2600.2
Networth Full Year Return on Networth	9.23
Price/Book Value Price to Book value	4.530421
Yearly PE ratio Full Year Price to Earning per share	42
Yearly PC ratio Full Year Price to Cash Per Share	26.9
Bse value BSE Value in lakhs	4071.66
Nse value NSE Value in lakhs	30762.77
High 52 week high	13104
Low 52 week low	10329
Price NSE Current market price	11771
CPM Current market price	11780

Market cap BSE / NSE Market Cap	347127.64
Net profit Latest Quarter Net Profit	2991.01
Net profit variance Latest Quarter Net Profit variance	20
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	70863.2
TTM OP Trailing Twelve 12 month Operating Profit	12491.15
TTM OPM Trailing Twelve 12 month Operating Profit Margin	17.63
TTM GP Trailing Twelve 12 month Gross Profit	15571.65
TTM GPM Trailing Twelve 12 month Gross Profit Margin	17.59
TTM NP Trailing Twelve 12 month Net Profit	6578.29
TTM NPV Trailing Twelve 12 month Net Profit Variane	35.9
TTM EPS Trailing Twelve 12 month EPS	280.63
TTM PE Trailing Twelve 12 month PE	41.98
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	3344.79
Equity Latest Equity	294.68
LTP Latest Price (BSE/NSE)	11780
Gross block Latest Gross Block	118631.11
Loans Total loans	22276.6
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	19.2
Year GPM Full Year Gross Profit Margin	17.7
Quarter OPM Latest quater Operation Profit Margin	21.7

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	18,819	16,294	17,779	23,063	21,275	19,607	21,830	25,799
YOY Sales Growth %	6%	2%	6%	13%	13%	20%	23%	12%
Gross Sales	18,819	16,294	17,779	23,063	21,275	19,607	21,830	25,799
+ Expenses	15,890	14,269	14,885	18,465	16,908	16,518	18,008	20,211
Material Cost %	15%	17%	16%	14%	17%	18%	16%	15%
Raw Material Cost	2,839	2,635	2,817	3,530	3,433	3,384	3,678	4,074
Change in Inventory	20	119	84	-236	149	72	-131	-194
Manufacturing Cost %	40%	40%	38%	34%	35%	38%	36%	33%
Employee Cost %	4%	6%	5%	4%	5%	5%	5%	4%
Other Cost %	26%	24%	24%	27%	23%	23%	26%	27%
Raw Materials %	15%	16%	16%	15%	16%	17%	17%	16%
Purchase of Finished Goods %	2%	2%	3%	3%	3%	3%	3%	3%
Stock Adjustments %	-0%	-1%	-0%	1%	-1%	-0%	1%	1%
Power & Fuel %	25%	25%	24%	23%	23%	23%	22%	21%
Other Manufacturing Expenses %	14%	15%	14%	12%	12%	15%	13%	12%
Freight Charges %	24%	23%	23%	22%	22%	21%	22%	22%
Operating Profit	2,929	2,026	2,893	4,598	4,368	3,089	3,822	5,588
OPM %	16%	12%	16%	20%	21%	16%	18%	22%
+ Other Income	171	226	247	102	180	174	136	88
Miscellaneous Income	171	226	247	102	180	174	136	88
Interest	326	393	457	475	433	459	492	487
Depreciation	918	980	993	1,125	1,107	1,148	1,182	1,208
Profit before tax	1,857	879	1,691	3,101	3,008	1,656	2,283	3,981
+ Tax %	20%	19%	19%	20%	26%	25%	24%	25%
Current Tax	199	91	180	358	695	331	422	865
Deferred Tax	164	80	148	268	92	87	131	115
+ Net Profit	1,493	708	1,363	2,475	2,221	1,238	1,729	3,000
Extraordinary Income / Expense	-88	0	0	-9	-38	0	-89	-11
Exceptional Item	-88	0	0	-9	-38	0	-89	-11
Minority Interest (After Tax)	1	-5	-4	7	5	-6	-4	-17
Net Profit After Minority Interest	1,495	703	1,359	2,482	2,226	1,232	1,725	2,983
EPS in Rs	50.81	23.89	46.21	84.38	75.67	41.87	58.66	101.41

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	28,392	28,646	31,872	41,609	42,430	44,726	52,599	63,240	70,908	75,955
Sales Growth %		1%	11%	31%	2%	5%	18%	20%	12%	7%
Gross Sales	22,567	22,104	30,123	40,964	42,334	44,726	52,599	63,240	70,908	75,955
Excise Duty	3,238	3,271	894	0	0	0	0	0	0	0
Other Operating Income	202	0	0	0	0	0	0	0	0	0
+ Expenses	23,490	23,433	26,074	34,367	33,141	33,419	41,084	52,620	58,012	63,506
Material Cost %	16%	16%	17%	17%	15%	16%	15%	15%	17%	18%
Raw Material Cost	4,436	4,417	5,400	6,937	6,876	6,636	8,348	10,233	11,986	13,691
Change in Inventory	-19	76	-111	46	-358	450	-383	-518	-83	12
Manufacturing Cost %	23%	22%	27%	30%	27%	25%	30%	36%	33%	31%
Employee Cost %	5%	5%	6%	6%	6%	5%	5%	4%	4%	5%
Other Cost %	39%	39%	32%	30%	30%	28%	28%	27%	28%	29%
Raw Materials %	16%	15%	17%	17%	16%	15%	16%	16%	17%	18%
Purchase of Finished Goods %	2%	2%	3%	3%	3%	2%	2%	2%	2%	2%
Stock Adjustments %	0%	-0%	0%	-0%	1%	-1%	1%	1%	0%	-0%
Power & Fuel %	16%	15%	20%	23%	20%	19%	23%	29%	26%	24%
Other Manufacturing Expenses %	7%	7%	7%	7%	7%	7%	7%	7%	7%	7%
Selling & Administration %	25%	25%	26%	28%	26%	25%	25%	25%	25%	26%
Miscellaneous Expenses %	2%	2%	4%	3%	3%	3%	3%	2%	3%	4%
Freight Charges %	21%	21%	23%	24%	23%	22%	22%	22%	22%	23%
Operating Profit	4,902	5,212	5,798	7,242	9,289	11,307	11,514	10,620	12,897	12,449
OPM %	17%	18%	18%	17%	22%	25%	22%	17%	18%	16%
+ Other Income	464	648	589	464	651	879	669	507	639	744
Miscellaneous Income	464	648	646	479	651	880	669	509	639	747
Exceptional Income	0	0	0	0	0	0	160	0	0	0
Interest	566	640	1,238	1,778	1,992	1,486	945	823	968	1,651
Depreciation	1,377	1,348	1,848	2,451	2,723	2,700	2,715	2,888	3,145	4,015
Profit before tax	3,421	3,872	3,301	3,549	5,240	8,001	8,524	7,416	9,422	7,528
+ Tax %	28%	30%	33%	30%	-11%	32%	14%	32%	26%	20%
Current Tax	633	817	685	717	920	1,415	1,211	2,071	2,218	828
Deferred Tax	309	342	392	351	-1,488	1,124	-21	272	200	660
+ Net Profit	2,480	2,714	2,224	2,447	5,808	5,462	7,334	5,073	7,004	6,040
Profit Growth %		9%	-18%	10%	137%	-6%	34%	-31%	38%	-14%
Extraordinary Income / Expense	0	0	-347	0	0	-261	160	0	-72	-97
Exceptional Item	0	0	-347	0	0	-261	0	0	-72	-97
Minority Interest (After Tax)	-2	1	-2	3	4	1	10	-9	1	-1
Net Profit After Minority Interest	2,478	2,715	2,222	2,404	5,755	5,463	7,344	5,064	7,005	6,039
EPS in Rs	90.36	98.85	81.00	87.40	199.25	189.22	254.07	175.74	242.61	204.96

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	274	275	275	275	289	289	289	289	289	295
Reserves	21,671	24,117	26,107	28,088	38,755	43,886	50,147	54,036	59,939	70,412
+ Borrowings	10,616	8,474	19,480	25,337	23,019	21,719	11,299	11,058	11,403	24,102
Secured Borrowings	5,167	3,058	13,057	17,809	14,409	9,129	702	1,524	690	1,826
Unsecured Borrowings	5,449	5,417	6,423	7,528	8,610	12,591	10,597	9,533	10,713	22,277
Deferred Credit	21	0	0	142	115	119	159	168	172	222
+ Other Liabilities	8,631	9,343	11,280	22,826	17,151	20,282	22,077	25,998	29,167	38,824
Current Liabilities	9,585	10,185	12,539	18,637	16,984	19,681	21,530	25,422	28,678	34,982
Provisions	642	731	940	1,035	1,150	1,234	775	1,571	2,241	2,340
Minority Interest	15	10	16	12	8	6	-3	56	56	3,187
Equity Application Money	0	0	0	5,388	0	0	0	0	0	1
Other liability items	286	335	192	669	1,548	947	926	948	915	1,210
Total Liabilities	41,193	42,209	57,141	76,525	79,214	86,176	83,811	91,380	100,797	133,632
+ Fixed Assets	25,309	25,904	39,715	56,645	57,151	55,412	55,488	59,579	62,878	94,564
Gross Block	26,611	28,498	44,082	63,382	66,550	67,332	70,002	76,957	83,281	118,631
Accumulated Depreciation	1,302	2,594	4,366	6,737	9,399	11,921	14,514	17,378	20,403	24,067
CWIP	1,469	921	1,511	1,153	920	1,687	4,785	4,040	6,811	6,234
Investments	5,095	6,691	5,447	2,921	5,929	12,178	6,336	7,297	8,249	5,156
+ Other Assets	9,319	8,693	10,468	15,806	15,215	16,900	17,203	20,464	22,859	27,677
Inventories	2,455	2,401	3,268	4,099	4,183	4,018	5,596	6,612	8,330	9,563
Trade receivables	1,928	1,757	2,221	2,787	2,383	2,572	3,072	3,867	4,278	5,890
Cash Equivalents	2,267	2,249	219	740	540	2,008	359	1,150	783	1,673
Loans n Advances	2,774	2,695	3,272	4,598	4,154	3,914	3,865	3,687	4,749	4,170
Other asset items	-104	-408	1,488	3,582	3,954	4,389	4,312	5,148	4,719	6,381
Total Assets	41,193	42,209	57,141	76,525	79,214	86,176	83,811	91,380	100,797	133,632

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	4,526	5,005	3,888	5,956	8,972	12,500	9,283	9,069	10,898	10,673
Profit from Operations	4,948	5,220	5,986	7,362	9,348	11,465	11,311	10,530	13,029	12,645
Working Capital Changes	429	529	-1,255	-696	516	2,326	-473	-337	-481	-671
Profit Before Tax & Extraordinary Items	3,421	3,872	3,301	3,468	5,183	7,858	8,364	7,416	9,422	7,528
Depreciation	1,377	1,348	1,848	2,451	2,723	2,700	2,715	2,888	3,145	4,015
Interest (Net)	504	582	1,171	1,659	1,849	1,385	781	550	727	1,357
Profit / Loss on Sale of Assets	0	0	5	0	0	-4	-3	0	-1	-56
Profit / Loss on Sale of Investments	-63	-68	-115	-123	-82	-154	-186	-31	-98	-234
Provisions & Write-offs (Net)	17	-139	37	34	-88	53	-151	-138	16	75
Profit / Loss in Forex	0	0	0	32	32	-11	-54	-70	15	58
Receivables	-287	156	-454	-279	473	-201	-495	-752	-421	-608
Inventories	374	54	-623	-15	-64	165	-1,579	-992	-1,712	-317
Trade Payables	310	482	346	766	279	2,868	2,077	1,869	1,959	-476
Direct Taxes Paid	-852	-744	-843	-710	-891	-1,291	-1,555	-1,124	-1,651	-1,301
+ Cash from Investing Activity	-3,673	-2,501	1,866	1,165	-4,192	-8,856	2,257	-7,188	-8,789	-15,836
Purchase of Fixed Assets	-2,150	-1,402	-2,103	-1,809	-1,766	-1,925	-5,680	-6,200	-9,006	-9,129
Sale of Fixed Assets	18	35	220	160	79	86	73	95	122	179
Purchase of Investments	-2,698	-3,377	-3,960	-1,700	-6,086	-12,689	-7,795	-7,260	-7,750	-15,885
Sale of Investments	2,948	2,228	5,588	4,478	3,443	7,101	13,965	7,156	7,164	19,115
Interest Received	59	47	67	78	89	77	174	283	161	342
Dividend Received	0	0	0	22	32	0	0	0	0	1
Investment in Subsidiaries	-13	0	0	0	0	0	0	0	0	0
Investment in Group Companies	0	0	-1	-8	-6	-3	0	0	0	0
Acquisition of Companies	0	0	0	0	0	0	0	-847	-60	-10,262
Others	-1,839	-32	2,055	-58	22	-1,503	1,518	-417	581	-232
+ Cash from Financing Activity	-844	-2,535	-5,735	-6,757	-5,076	-4,356	-12,498	-1,631	-1,926	5,076
Proceeds from Issue of Shares	3	7	16	5	3	14	13	13	18	33
Proceeds from Other Long-Term Borrowings	2,821	3,656	15,775	9,772	1,114	3,974	139	826	440	7,341
Proceeds from Short-Term Borrowings	0	0	0	0	396	128	36	206	959	2,068
Repayment of Long-Term Borrowings	-2,646	-3,878	-17,041	-14,221	-4,154	-6,499	-10,346	-579	-1,069	-550
Repayment of Short-Term Borrowings	-130	-1,394	-2,941	-199	0	0	0	0	0	0
Repayment of Financial Liabilities	0	0	0	0	-101	-118	-157	-126	-162	-165
Dividend Paid	-297	-312	-334	-346	-380	-375	-1,065	-1,091	-1,094	-2,012
Interest Paid	-596	-614	-1,210	-1,685	-1,950	-1,481	-1,026	-765	-917	-1,540
Others	1	0	0	-83	-4	0	-91	-115	-100	-100
Net Cash Flow	8	-31	18	364	-295	-712	-958	250	183	-86