UltraTech Cement Ltd

BSE: ULTRACEMCO532538ISIN INE481G01011

Commodities
Cement & Cement Products
BSE SENSEX

BSE listing

Share price

₹10,670.00-160.30 (-1.48%)

as of 18 Sep 2026

52W high: ₹13,104.00
52W low: ₹10,329.00
Off 52W high: -18.57%
1M return: -6.89%
3M return: -6.16%
6M return: -2.36%
1Y return: -15.49%
20D avg volume: 21,922
50 DMA: ₹11,591.59
200 DMA: ₹11,728.00

Key ratios Consolidated

Market cap: ₹3,14,423 Cr
Current price: ₹10,670.00
52W high / low: ₹13,104.00 / ₹10,329.00
Face value: ₹10.00
P/E: 36.68
P/B: —
EPS (TTM): ₹290.86
Book value / share: —
ROE: —
ROCE: 11.90%
Operating margin: —
Net margin: —
Debt / equity: 0.28
Net debt: ₹22,426 Cr
Interest cover: 6.85
Dividend yield: 2.25%
Dividend / share (TTM): ₹240.00
Payout: 82.51%
Cash conversion cycle: 22.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	24,648	25,799	21,830	19,607	21,275	23,063	17,193	15,635	18,070	20,419	16,740	16,012
	130.27	87.56	135.58	174.14	180.23	102.13	244.29	220.73	165.74	135.61	140.48	167.13
	21,286	21,894	19,589	18,120	18,405	20,044	15,605	14,837	16,128	17,381	14,531	14,493
	4,129	4,074	3,678	3,384	3,433	3,530	2,768	2,570	2,767	2,839	2,506	2,348
	710.43	807.80	594.28	579.28	535.21	583.34	635.77	474.21	439.32	498.32	377.57	425.03
	1,106	1,084	1,041	1,064	972.24	981.52	850.01	913.86	738.21	749.40	768.93	812.30
	452.93	486.92	492.20	459.29	433.30	475.04	381.88	317.13	255.55	261.15	262.16	233.94
	1,201	1,208	1,182	1,148	1,107	1,125	916.73	903.85	842.54	814.92	783.48	797.83
	13,822	14,039	12,470	11,557	12,074	13,114	2,369	2,365	2,393	2,260	2,262	2,258
	3,492	3,993	2,377	1,662	3,050	3,121	1,833	1,018	2,107	3,173	2,349	1,686
	-13.25	-10.94	-89.23	0.00	-38.38	-9.35	0.00	0.00	32.50	-72.00	0.00	0.00
	3,479	3,982	2,287	1,662	3,012	3,112	1,833	1,018	2,139	3,101	2,349	1,686
	876.71	980.52	553.58	417.85	786.89	626.05	358.00	191.40	447.10	851.94	580.39	409.36
	2,604	3,000	1,729	1,238	2,221	2,475	1,474	825.18	1,695	2,259	1,775	1,280
	88.36	101.41	58.66	41.87	75.67	84.38	50.99	28.45	58.87	78.35	61.66	44.47
Key metrics
	5,132	5,677	3,962	3,268	4,552	4,711	3,131	2,239	3,238	4,178	3,395	2,718
	20.80%	22.00%	18.10%	16.70%	21.40%	20.40%	18.20%	14.30%	17.90%	20.50%	20.30%	17.00%
	10.60%	11.60%	7.90%	6.30%	10.40%	10.70%	8.60%	5.30%	9.40%	11.10%	10.60%	8.00%
	—	4.20%	—	2.10%	—	3.50%	—	—	—	—	—	—
	15.90%	11.90%	27.00%	25.40%	17.70%	13.00%	2.70%	-2.40%	—	—	—	—
	17.20%	21.20%	17.40%	50.00%	31.00%	9.60%	-17.00%	-35.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	91,884	88,512	75,955	70,908	63,240	52,599	44,726	42,125	37,379	32,305
	527.55	577.51	744.17	616.95	503.08	507.81	734.17	647.77	438.07	583.72
	80,888	78,007	69,063	62,053	56,331	44,744	37,344	37,529	34,279	29,240
	15,265	14,568	11,822	10,252	8,933	7,096	5,794	5,513	5,409	4,520
	2,692	2,517	1,870	1,734	1,300	1,252	841.99	1,159	1,239	880.03
	4,297	4,162	3,605	3,038	2,739	2,535	2,353	2,509	2,059	1,810
	1,891	1,872	1,651	968.00	822.72	944.71	1,486	1,986	1,549	1,233
	4,738	4,644	4,015	3,145	2,888	2,715	2,700	2,702	2,140	—
	51,889	50,140	46,089	8,835	7,666	6,735	5,345	5,825	4,731	4,523
	11,523	11,082	7,636	9,472	7,412	8,363	8,116	5,244	3,538	3,648
	-113.42	-138.55	-97.43	-72.00	0.00	0.00	-260.74	0.00	0.00	-346.60
	11,410	10,943	7,539	9,400	7,412	8,363	7,855	5,244	3,538	3,302
	2,829	2,739	1,488	2,418	2,343	1,190	2,539	568.16	1,107	1,077
	8,571	8,188	6,040	7,004	5,073	7,334	5,462	5,810	2,432	2,225
	290.30	277.62	205.30	243.05	175.63	249.09	184.44	201.61	88.72	—
Key metrics
	18,039	17,459	13,204	13,514	11,123	12,022	12,041	9,931	7,226	4,534
	19.63%	19.70%	17.40%	19.10%	17.60%	22.90%	26.90%	23.60%	19.30%	14.00%
	9.33%	9.30%	8.00%	9.90%	8.00%	13.90%	12.20%	13.80%	6.50%	6.90%
	—	11.90%	9.10%	—	—	—	—	—	—	—
	—	16.50%	7.10%	12.10%	20.20%	17.60%	6.20%	12.70%	15.70%	—
	—	35.60%	-13.80%	38.10%	-30.80%	34.30%	-6.00%	139.00%	9.30%	—
	—	5,638	1,544	—	—	—	—	—	—	—
	—	1.87	1.77	—	—	—	—	—	—	—
	—	0.28	0.31	—	—	—	—	—	—	—
	—	22,426	22,564	—	—	—	—	—	—	—
	—	22.7	29.5	—	—	—	—	—	—	—
Balance sheet
	—	1,41,376	1,33,697	—	—	—	—	—	—	—
	—	25,102	23,600	—	—	—	—	—	—	—
	—	354.48	467.21	—	—	—	—	—	—	—
	—	6,029	5,890	—	—	—	—	—	—	—
	—	9,694	9,563	—	—	—	—	—	—	—
	—	2,645	2,247	—	—	—	—	—	—	—
	—	80,283	76,015	—	—	—	—	—	—	—
	—	10,237	9,327	—	—	—	—	—	—	—
	—	33,832	32,365	—	—	—	—	—	—	—
	—	22,781	23,031	—	—	—	—	—	—	—
	—	7,762	7,250	—	—	—	—	—	—	—
	—	15,019	15,781	—	—	—	—	—	—	—
	—	80,712	73,893	—	—	—	—	—	—	—
Cash flow
	—	15,316	10,673	—	—	—	—	—	—	—
	—	-9,480	-16,504	—	—	—	—	—	—	—
	—	-5,954	5,076	—	—	—	—	—	—	—
	—	9,678	9,129	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	23,535	24,582	20,088	17,864	19,635	21,135	16,328	14,905	17,532	19,806	16,173	15,517
	121.16	67.79	81.62	72.64	154.38	115.45	206.08	181.72	178.89	154.23	191.37	208.77
	20,404	21,109	18,036	16,492	16,778	17,916	14,749	14,105	15,586	16,798	14,083	14,105
	3,504	3,549	3,076	2,780	2,927	3,024	2,467	2,329	2,582	2,663	2,263	2,184
	1,715	1,715	1,075	879.35	792.25	709.34	634.72	488.72	429.98	484.84	859.21	837.34
	991.64	955.17	916.16	940.96	846.80	830.76	785.68	856.56	705.49	719.74	720.77	759.81
	396.28	430.94	433.04	396.20	369.82	399.58	341.96	282.44	220.42	226.80	236.90	209.99
	1,051	1,054	1,024	1,002	975.20	990.99	856.51	850.09	814.24	785.71	712.41	727.85
	12,862	13,194	11,403	10,550	11,003	11,747	2,260	2,266	2,334	2,199	2,141	2,141
	3,253	3,541	2,133	1,445	3,011	3,335	1,786	981.91	2,125	3,162	2,282	1,621
	0.00	-23.03	-80.76	0.00	0.00	0.00	—	—	32.50	-72.00	—	—
	3,253	3,518	2,053	1,445	3,011	3,335	1,786	981.91	2,158	3,090	2,282	1,621
	855.50	919.53	541.62	381.02	779.37	652.40	351.55	185.02	449.47	837.97	585.58	415.48
	2,397	2,599	1,511	1,064	2,232	2,682	1,434	796.89	1,708	2,252	1,697	1,206
	81.48	88.35	51.37	36.17	75.87	91.18	49.77	27.65	59.27	78.14	58.86	41.83
Key metrics
	4,700	5,003	3,510	2,843	4,356	4,725	2,984	2,114	3,192	4,102	3,231	2,559
	20.00%	20.40%	17.50%	15.90%	22.20%	22.40%	18.30%	14.20%	18.20%	20.70%	20.00%	16.50%
	10.20%	10.60%	7.50%	6.00%	11.40%	12.70%	8.80%	5.30%	9.70%	11.40%	10.50%	7.80%
	—	4.00%	—	2.00%	—	4.00%	—	—	—	—	—	—
	19.90%	16.30%	23.00%	19.90%	12.00%	6.70%	1.00%	-3.90%	—	—	—	—
	7.40%	-3.10%	5.30%	33.50%	30.60%	19.10%	-15.50%	-33.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	86,070	82,170	71,895	68,641	61,326	50,663	43,188	40,649	35,704	30,684
	343.21	376.43	693.42	662.15	689.43	611.80	788.68	726.58	471.45	594.70
	76,041	72,416	64,803	59,915	54,770	42,982	35,917	36,156	32,613	27,751
	12,909	12,332	10,589	9,543	8,504	6,460	5,175	4,961	4,737	3,978
	5,384	4,461	2,000	1,701	3,021	2,458	1,937	2,263	1,582	814.37
	3,804	3,659	3,299	2,910	2,562	2,359	2,182	2,336	1,926	1,706
	1,656	1,630	1,465	866.80	755.00	798.37	1,259	1,704	1,419	1,186
	4,131	4,055	3,739	3,027	2,619	2,457	2,434	2,455	2,010	1,764
	48,008	46,150	43,733	8,605	—	6,289	5,012	5,465	4,428	4,280
	10,372	10,131	7,785	9,388	7,246	8,293	8,060	5,220	3,562	3,528
	-103.79	-103.79	-88.08	-72.00	—	—	-164.00	—	—	-226.28
	10,268	10,027	7,697	9,316	7,246	8,293	7,896	5,220	3,562	3,302
	2,698	2,622	1,504	2,411	2,329	1,227	2,554	235.78	1,107	1,071
	7,571	7,405	6,193	6,905	4,917	7,067	5,342	5,456	2,456	2,231
	257.37	251.77	210.52	239.58	170.53	245.00	185.20	189.15	89.48	—
Key metrics
	16,056	15,712	12,901	13,210	10,621	11,548	11,590	9,379	6,992	6,252
	18.65%	19.10%	17.90%	19.20%	17.30%	22.80%	26.80%	23.10%	19.60%	20.40%
	8.80%	9.00%	8.60%	10.10%	8.00%	13.90%	12.40%	13.40%	6.90%	7.30%
	—	11.80%	9.80%	—	—	—	—	—	—	—
	—	14.30%	4.70%	11.90%	21.00%	17.30%	6.20%	13.90%	16.40%	—
	—	19.60%	-10.30%	40.40%	-30.40%	32.30%	-2.10%	122.20%	10.10%	—
	—	4,936	521.25	—	—	—	—	—	—	—
	—	1.94	1.55	—	—	—	—	—	—	—
	—	0.26	0.28	—	—	—	—	—	—	—
	—	19,580	19,148	—	—	—	—	—	—	—
	—	19.9	25.8	—	—	—	—	—	—	—
Balance sheet
	—	1,27,841	1,21,340	—	—	—	—	—	—	—
	—	20,835	19,909	—	—	—	—	—	—	—
	—	36.76	311.92	—	—	—	—	—	—	—
	—	4,862	4,378	—	—	—	—	—	—	—
	—	8,387	8,567	—	—	—	—	—	—	—
	—	2,066	2,032	—	—	—	—	—	—	—
	—	66,166	61,823	—	—	—	—	—	—	—
	—	8,775	7,867	—	—	—	—	—	—	—
	—	29,221	27,884	—	—	—	—	—	—	—
	—	19,617	19,460	—	—	—	—	—	—	—
	—	5,809	5,600	—	—	—	—	—	—	—
	—	13,808	13,860	—	—	—	—	—	—	—
	—	74,663	69,678	—	—	—	—	—	—	—
Cash flow
	—	14,398	9,576	—	—	—	—	—	—	—
	—	-9,815	-15,450	—	—	—	—	—	—	—
	—	-4,858	5,566	—	—	—	—	—	—	—
	—	9,462	9,055	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.24%
Sales CAGR 5Y: +13.73%
Sales CAGR 10Y: —
Profit CAGR 3Y: +14.63%
Profit CAGR 5Y: +6.75%
Profit CAGR 10Y: —
Sales YoY (TTM): +19.54%
Profit YoY (TTM): +5.95%

Consolidated

Sales CAGR 3Y: +11.86%
Sales CAGR 5Y: +14.63%
Sales CAGR 10Y: —
Profit CAGR 3Y: +17.30%
Profit CAGR 5Y: +8.44%
Profit CAGR 10Y: —
Sales YoY (TTM): +19.07%
Profit YoY (TTM): +22.54%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 59.32%

Holder	Type	Holding	Previous	Change
Grasim Industries Limited	Promoter	56.11%	—	—
LICI NEW ENDOWMENT PLUS-SECURED FUND	Public	3.01%	—	—
ICICI PRUDENTIAL SENSEX ETF	Public	2.58%	—	—
NPS TRUST A/C UTI PENSION FUND LIMITED-SCHEME CENT	Public	2.57%	—	—
SBI ARBITRAGE OPPORTUNITIES FUND	Public	1.73%	—	—
Pilani Investment and Industries Corporation Limited	Promoter Group	1.50%	—	—
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY 100	Public	1.25%	—	—
PT. Indo Bharat Rayon	Promoter Group	0.78%	—	—
Hindalco Industries Limited	Promoter Group	0.43%	—	—
Shri Kumar Mangalam Birla	Promoter	0.21%	—	—
Thai Rayon Public Co. Ltd.	Promoter Group	0.07%	—	—
PT. Sunrise Bumi Textiles	Promoter Group	0.05%	—	—
Aditya Birla Real Estate Limited	Promoter Group	0.05%	—	—
Birla Institute of Technology and Science	Promoter Group	0.03%	—	—
PT. Elegant Textile Industry	Promoter Group	0.03%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Regulation 30(11) of the SEBI (LODR) Regulations, 2015.18 Sep 2026 · Others
Newspaper Advertisement regarding loss of share certificate16 Sep 2026 · Company Update / Newspaper Publication
Regulation 30(11) of the SEBI (LODR) Regulations, 201515 Sep 2026 · Others
Newspaper Advertisement regarding Postal Ballot Notice12 Sep 2026 · Company Update / Newspaper Publication
A material price movement (''MPM'') was observed in the Company''s share price on Friday, 11th September, 2026. There was however no event/ information in the mainstream media, including ....11 Sep 2026 · Others
Postal Ballot Notice for seeking approval of the Members for the re-appointment of Mr. Vivek Agarwal (DIN: 10599212) as Whole-time Director and Chief Marketing Officer11 Sep 2026 · AGM/EGM / Postal Ballot
Change in Senior Management Personnel11 Sep 2026 · Company Update / Change in Management
Intimation regarding Investor meet of UltraTech Cement Limited9 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation regarding Investor meet of UltraTech Cement Limited9 Sep 2026 · Company Update / Analyst / Investor Meet
Aditya Birla Group launches wires and cables business; ''Ultravolt'' marks the Group''s fourth new business foray in three years.3 Sep 2026 · Company Update / General
UltraTech to scale up supply chain electrification with 600+ heavy-duty electric truck fleet.2 Sep 2026 · Company Update / General
Closure of trading window for approval of unaudited financial results for the quarter and half year ending 30th September, 2026.1 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Ultratech Cement Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/10/2026 ,inter alia, to consider and approve the Standalone and Consolidated ....1 Sep 2026 · Board Meeting / Board Meeting
Commencement of commercial production of UltraTech Cement Limited - Wires & Cables Plant at Bharuch (Gujarat)1 Sep 2026 · Company Update / General
Incorporation of UHG Holdings IFSC Private Limited21 Aug 2026 · Company Update / Acquisition
Newspaper Advertisement regarding loss of share certificate.21 Aug 2026 · Company Update / Newspaper Publication
Voting Results and Scrutinizer''s Report for the 26th Annual General Meeting of the Company18 Aug 2026 · AGM/EGM / AGM
Credit rating by Crisil Ratings17 Aug 2026 · Company Update / Credit Rating
Chairman''s Speech at the 26th Annual General Meeting of the Company17 Aug 2026 · Company Update / General
Proceedings of the 26th Annual General Meeting of the Company17 Aug 2026 · AGM/EGM / AGM
Corporate Dossier of UltraTech Cement Limited14 Aug 2026 · Company Update / General
Acquisition of 26% equity share capital of Solaris Horizon Energy Private Limited12 Aug 2026 · Company Update / Acquisition
Regulation 30(11) of the SEBI (LODR) Regulations, 2015.11 Aug 2026 · Others
Intimation for allotment of Non-Convertible Debentures of Rs. 5000 crore3 Aug 2026 · Company Update / Allotment of Equity Shares
Newspaper Advertisement regarding the Notice of Special Window for Transfer and Dematerialisation of Physical Securities.31 Jul 2026 · Company Update / Newspaper Publication
Intimation pursuant to Regulation 36(1)(b) of the SEBI (LODR) Regulations, 2015.25 Jul 2026 · Company Update / General
Newspaper Advertisement regarding the 26th Annual General Meeting of the Company.25 Jul 2026 · Company Update / Newspaper Publication
Record Date for the purpose of AGM.24 Jul 2026 · Corp. Action / Record Date
Credit rating by CARE Ratings Limited24 Jul 2026 · Company Update / Credit Rating
Business Responsibility and Sustainability Report for the financial year ended 31st March, 2026.24 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of the 26h Annual General Meeting of the Company.24 Jul 2026 · AGM/EGM / AGM
Notice of the 26th Annual General Meeting and Integrated and Sustainability Report 2025-26.24 Jul 2026 · Others / Reg. 34 (1) Annual Report
Credit rating by Crisil Ratings23 Jul 2026 · Company Update / Credit Rating
Transcript of Q1 FY27 Earnings Call of UltraTech Cement Limited23 Jul 2026 · Company Update / Earnings Call Transcript
Newspaper Advertisement regarding loss of share certificate.23 Jul 2026 · Company Update / Newspaper Publication
Outcome of Finance Committee Meeting - Issue of Non-Convertible Debentures23 Jul 2026 · Company Update / General
Newspaper Advertisement regarding the 26th Annual General Meeting of the Company.22 Jul 2026 · Company Update / Newspaper Publication
Newspaper Advertisement of Financial Results of UltraTech Cement Limited21 Jul 2026 · Company Update / Newspaper Publication
Audio recording - Earnings Call20 Jul 2026 · Company Update / Analyst / Investor Meet
Prior intimation regarding issue of Non-Convertible Debentures of UltraTech Cement Limited20 Jul 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 240.0000	30 Jul 2026	30 Jul 2026	—
Final Dividend - Rs. - 77.5000	25 Jul 2025	25 Jul 2025	—
Final Dividend - Rs. - 70.0000	30 Jul 2024	—	—

Board meetings

19 Oct 2026 Board Meeting - Financial Results
20 Jul 2026 Board Meeting - Financial Results