ULTRACEMCO

ULTRATECH CEMENT

Large Cap BSE: 532538 NSE: ULTRACEMCO
₹7242.05
43.45 (0.6%)
  • Advice
  • Hold
As on 06 December, 2022 | 21:58

Ultratech Cement Performance

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Ultratech Cement Share Price

Ultratech Cement Share Returns

  • Over 1 Month 5.06%
  • Over 3 Month 11.49%
  • Over 6 Month 29.75%
  • Over 1 Year 0.38%

Ultratech Cement Key Statistics

P/E Ratio 31.4
PEG Ratio 6.8
Market Cap Cr 209,062
Price to Book Ratio 4.1
EPS 239.4
Dividend 0.5
Relative Strength Index 70.6
Money Flow Index 81.47
MACD Signal 129.76
Average True Range 140.87

Ultratech Cement Investment Rating

  • Master Rating:
  • Ultratech Cement has an operating revenue of Rs. 57,808.88 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 16% is great, ROE of 14% is good. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 13% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 73 which is a FAIR score but needs to improve its earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 49 indicates it belongs to a fair industry group of Bldg-Constr Prds/Misc and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

UltraTech Cement Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 13,48214,71515,16812,47111,54811,47713,966
Operating Expenses Qtr Cr 11,76611,78612,22510,2498,9488,30510,453
Operating Profit Qtr Cr 1,7162,9292,9432,2212,6003,1723,512
Depreciation Qtr Cr 643628637609613598631
Interest Qtr Cr 187200175165183276323
Tax Qtr Cr 333714-178-75646834865
Net Profit Qtr Cr 7181,5542,4541,6321,3001,6811,778

Ultratech Cement Technicals

EMA & SMA

Current Price
7242.05
43.45 (0.6%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 6960.07
  • 50 Day
  • 6740.91
  • 100 Day
  • 6586.37
  • 200 Day
  • 6547.74
  • 20 Day
  • 6947.06
  • 50 Day
  • 6603.19
  • 100 Day
  • 6544.42
  • 200 Day
  • 6358.15

Ultratech Cement Resistance and Support

PIVOT
₹7213.7
Resistance
First Resistance 7269.9
Second Resistance 7341.2
Third Resistance 7397.4
RSI 70.6
MFI 81.47
MACD Single Line 129.76
MACD 155.28
Support
First Resistance 7142.4
Second Resistance 7086.2
Third Resistance 7014.9

Ultratech Cement Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 317,809 12,623,373 39.72
Week 529,258 24,171,213 45.67
1 Month 385,568 18,634,508 48.33
6 Month 445,564 20,928,158 46.97

Ultratech Cement Result Highlights

UltraTech Cement Synopsis

NSE-Bldg-Constr Prds/Misc

Ultratech Cement is involved in the business activities of Manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs. 50663.49 Cr. and Equity Capital is Rs. 288.67 Cr. for the Year ended 31/03/2022. UltraTech Cement Ltd. is a Public Limited Listed company incorporated on 24/08/2000 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L26940MH2000PLC128420 and registration number is 128420.
Market Cap 209,061
Sales 55,836
Shares in Float 11.55
No of funds 1029
Yield 0.53
Book Value 4.26
U/D Vol ratio 1.7
LTDebt / Equity 11
Alpha -0.03
Beta 1.01

UltraTech Cement

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 59.96%59.96%59.96%
Mutual Funds 12.68%12.8%11.36%
Insurance Companies 4.36%5.16%4.84%
Foreign Portfolio Investors 14.06%13.12%14.03%
Financial Institutions/ Banks 0.26%0.2%0.18%
Individual Investors 5.96%6.24%5.92%
Others 2.72%2.52%3.71%

UltraTech Cement Management

Name Designation
Mr. Kumar Mangalam Birla Chairman
Mr. K K Maheshwari Vice Chairman & Non Exe.Dire
Mr. K C Jhanwar Managing Director
Mr. Atul Daga WholeTime Director & CFO
Mrs. Rajashree Birla Non Executive Director
Mr. Sunil Duggal Independent Director
Mr. Arun Adhikari Independent Director
Mrs. Sukanya Kripalu Independent Director
Mr. S B Mathur Independent Director
Mrs. Alka Bharucha Independent Director

Ultratech Cement Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ultratech Cement Corporate Action

Date Purpose Remarks
2022-10-19 Quarterly Results
2022-07-22 Quarterly Results
2022-04-29 Audited Results & Final Dividend
2022-01-17 Quarterly Results
2021-10-18 Quarterly Results

UltraTech Cement MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002
UTI Nifty 50 Exchange Traded Fund 39494

About Company

UltraTech Cement produces and sells cement and products connected to cement, principally in India. The Aditya Birla Group includes the Indian cement manufacturer UltraTech Cement Limited, which has its headquarters in Mumbai. The largest producer of grey cement, ready mix concrete (RMC), and white cement in India, UltraTech is a $ 5.9 billion powerhouse in the building solutions industry. Without China, it is the third-largest cement manufacturer in the world. Outside of China, UltraTech is the only cement manufacturer with a production capacity of 100 MTPA or more in a single nation. UAE, Bahrain, Sri Lanka, and India are among the locations where the company conducts business.

UltraTech Cement Ltd – Growth History and Empire Expansion

In 2000, Ultratech Cement was acquired by Larsen & Toubro. It was then demerged, bought by Grasim, and changed its name to Ultra Tech Cement in 2004. The largest exporter of cement clinker in the nation today is Ultatech Cement, a division of the Aditya Birla Group. 52 million tonnes may be produced annually by UltraTech Cement Limited. It manufactures and distributes Portland Pozzalana, Blast Furnace Slag, and Ordinary Portland Cement. In addition, it creates ready-mix concrete (RMC). The facilities are all certified to ISO 9001.

The Indian Ocean, Africa, Europe, and the Middle East are among the main exports.

Samruddhi Cement Limited merged with UltraTech Cement Limited in July 2010, and Narmada Cement Company Limited merged with UltraTech in May 2006.

In September 2010, ETA Star Cement's operations in the UAE, Bahrain, and Bangladesh were taken over by UltraTech Cement Middle East Investments Limited, a wholly-owned subsidiary of the Company.

Acquisitions and mergers

2013 - Paid Rs 3,800 million for Jaypee Group's Gujarat cement unit.

2017 - Paid Rs 16,189 million for Jaiprakash Associates' six integrated cement plants.

2018: Entered into an agreement with Century Textile and Industries to demerge Century's cement business into ultratech.

Binani Cement was purchased for Rs 7,266 million in November 2018.

As of date, ultra tech cement is:

● One of India's leading producers of white cement as well as the country's largest producer of ready-mix concrete (RMC) and grey cement.

● Cement sector in India with the highest market capitalization

● Partner of choice as a cement supplier for building and infrastructure projects

● The biggest single-brand retail network in India has over 2500 locations and offers independent home builders a one-stop-shop.

● With a market reach covering more than 80% of Indian cities and villages, the dealer and retail network has more than 100,000 channel partners nationwide.

● Commissioned a greenfield project in 2018 in a record 12-month period for the least amount of money with "zero" safety incidents

● To meet the expanding demands of institutional customers, there are more than 130 ready-mix concrete facilities spread across 50 cities in India.

● The second firm in Asia to issue dollar-based sustainability-linked bonds is UltraTech. It is also the first company to do so in India.

● More than 2.1 million beneficiaries in more than 500 villages receive assistance from UltraTech through its CSR in India.

● Outside of China, UltraTech is the only cement manufacturer with a production capacity of 100 MTPA or more in a single nation.

● India's largest customer loyalty program empowers masons and contractors


Presence of Ultratech Cement And Plants

UltraTech Cement operates 23 integrated plants, 1 clinkerization plant, 26 grinding units, and 7 bulk terminals.

Under-five business verticals, UltraTech offers a variety of products to meet the requirements of various construction aspects, from the foundation to the finish:

● Grey Cement

● White Cement

● Concrete

● Building Products

● UltraTech Building Solutions

Its operations extend to Sri Lanka, Bahrain, the UAE, and India. UltraTech sells its products under the Birla White brand in the white cement market.

The company operates 11 integrated plants in the UAE, including one white cement plant and one clinkerisation facility, 15 grinding units in India, two in the UAE, one in Bahrain, and one in Bangladesh, and five terminals, four in India and one in Sri Lanka.

UltraTech Cement Products

From foundation to finish, UltraTech offers a wide range of materials to meet the needs of the building industry. Ordinary Portland Cement, Portland Blast Furnace Slag Cement, Portland Pozzalana Cement, White Cement, Ready Mix Concrete, and a variety of additional building options are included.

● Tile Adhesive

UltraTech TILEFIXO is a polymer-modified cement-based high-performance, high-strength, high-quality tile adhesive designed for use on walls and floors. Thin bed applications are suitable for both indoor and exterior use. TILEFIXO comes in four different versions for different applications.

● Products for Repair

High-strength polymer-enhanced Repair Mortar and Micro Concrete for use on de-stressed columns, beams, and highly porous roofs that require repair and strengthening.

● Flooring Screeds 

Multipurpose Floor Screeds are used in a variety of indoor and outdoor settings as an underlayment for floor tiles. Strongly advised over waterproof agents used as a single or two-component over concrete roofs with greater thicknesses that need slopes to drain off rainwater, obviating the need to apply brick bat coba.

● Waterproofing Materials

For usage in wet areas like bathrooms, swimming pools, and water tanks, among other uses, a wide variety of Polymer / Co polymer-modified / Acrylic / SBR latex combinations as single or two components underlayment waterproofing agents are available.

Features & Advantages: Waterproofing materials enhance productivity in low water/cement ratios. Due to their compatibility and liquid state, neither of them shrinks when mixed.


● Grout (Industrial/Precision)

Non-shrink, non-expandable high-performance industrial grouts are used in a wide range of applications, including machine foundations, precast element joining, and high-performance safety vaults.

● Plasters

Plasters for thin and thick coat application on internal and outdoor walls with polymer-modified surface finishing plasters.

● Masonry Supplies

AAC blocks, Fly Ash Bricks, and Concrete Blocks are thin bed jointing material

● Aerated Concrete Autoclaved Block

For masonry construction, a lightweight block is used.

Shareholding Pattern as of March 2022

The shareholding of the company as of March 2022 comprised of the following:-

1. Promoters- 59.96%

2. Foreign Institutional Investors- 14.03%

3. Domestic Institutional Investors-16.39%

4. The public in general- 9.48%

5. Government- 0.05%

Key CSR Initiatives

The Aditya Birla Group's CSR objective, "To actively contribute to the social and economic development of the areas in which we operate," is something UltraTech believes in. In doing so, and by creating a better, more sustainable way of life for society's weaker members, we may effectively contribute to inclusive growth and enhance the country's human development index.”

● Projects for the Common Good

Education, healthcare, a sustainable livelihood, infrastructure, and social reform are the main areas of concentration. Water, sanitation, and women's empowerment are all interconnected issues.

● Model villages

People in a model village have access to all parts of life, including education, health care, family welfare, infrastructure, agriculture, watershed management, and viable livelihood opportunities.

● To promote social change, the company promotes and supports Dowry-free marriage; widow remarriage; anti-social awareness programs de-addiction campaigns and programs; and espousing core moral values. • Parity between men and women

● Infrastructure Development is the company's effort to establish uptal services that make up the infrastructure.

● Basic infrastructure facilities

● Housing arises corn-cornerstone long-term growth.

● Clean drinking water

● Sanitation and hygiene

● Renewable energy sources

Areas of Focus

● Sustainable Livelihood

● Healthcare

● Education

● Infrastructure Development

● Social Change

UltraTech Cement FAQs

What is Share Price of UltraTech Cement ?

UltraTech Cement share price is ₹7242 As on 06 December, 2022 | 21:44

What is the Market Cap of UltraTech Cement ?

The Market Cap of UltraTech Cement is ₹209061.7 Cr As on 06 December, 2022 | 21:44

What is the P/E ratio of UltraTech Cement ?

The P/E ratio of UltraTech Cement is 31.4 As on 06 December, 2022 | 21:44

What is the PB ratio of UltraTech Cement ?

The PB ratio of UltraTech Cement is 4.1 As on 06 December, 2022 | 21:44

What is the face value of a share of UltraTech Cement Ltd.?

The face value of a share of UltraTech Cement Ltd. is Rs 10 per share.

Is UltraTech and Birla cement the same thing?

The Aditya Birla Group's cement flagship company is UltraTech Cement Limited. UltraTech, a dollar 5.9 billion construction solutions behemoth, is India's largest maker of grey cement and ready-mix concrete (RMC), as well as one of the top manufacturers of white cement.

Who are UltraTech Cement Ltd's competitors? 

UltraTech Cement Ltd's competitors are:

● Ambuja Cements

● ACC

● J K Cements

● Birla Corpn.

What is the Profit before tax of UltraTech Cement stock?

Profit before tax of UltraTech Cement stock for the quarter ended March 2022 is 2276 crore.

Is UltraTech Cement a debt free company?

UltraTech Cement had INR 219.4 bn of debt at March 2021, down from INR 240.6 bn a year prior. On the flip side, it has INR 148.0 bn in cash leading to net debt of about INR 71.4 bn.

Is it good to invest in UltraTech Cement?

Ultratech Cement has an operating revenue of INR 50,506.35 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 18% is great. Ultratech Cement has a reasonable debt to equity of 31%, which signals a healthy balance sheet. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on UltraTech Cement: HOLD.

What is the ROE of UltraTech Cement?

The ROE of UltraTech Cement is 12% which is good.

What is the stock price CAGR of UltraTech Cement?

The stock price CAGR of UltraTech Cement for 10 Years is 21%, for 5 Years is 16%, for 3 Years is 25% and for 1 Year is 44%.

What was UltraTech Cement's previous name?

On August 24, 2000, UltraTech Cement Ltd was formed as a public limited company under the name L&T Cement Ltd. The company's name was changed from L&T Cement Ltd to UltraTech ChemCo Ltd in November 2003.
 

Q2FY23