Ultratech Cement Share PriceUltraTech Cement

6.25 (0.07%)
As on 29 November, 2023 | 21:31 BSE: 532538 NSE: ULTRACEMCOISIN: INE481G01011

Ultratech Cement Performance

Day Range

  • Low 8,692.00
  • High 8,790.00
₹ 8,732.75

52 Week Range

  • Low 6,604.10
  • High 8,869.60
₹ 8,732.75
  • Open Price8,759.90
  • Previous Close8,726.50
  • Volume207727

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Ultratech Cement Share Price

  • Over 1 Month 6.37%
  • Over 3 Month 6.5%
  • Over 6 Month 11.38%
  • Over 1 Year 26.03%

Ultratech Cement Key Statistics

P/E Ratio 44.3
PEG Ratio -3
Market Cap Cr 252,103
Price to Book Ratio 4.6
EPS 169.6
Dividend 0.4
Relative Strength Index 57.55
Money Flow Index 59.89
MACD Signal 86.11
Average True Range 127.34

Ultratech Cement Investment Rating

  • Master Rating:
  • Ultratech Cement has an operating revenue of Rs. 67,932.54 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 12% is healthy, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 9% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 138 indicates it belongs to a poor industry group of Bldg-Cement/Concrt/Ag and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

UltraTech Cement Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 15,51717,24518,12115,00813,48214,71515,168
Operating Expenses Qtr Cr 13,16714,33714,98012,86311,76611,78612,225
Operating Profit Qtr Cr 2,3502,9093,1412,1451,7162,9292,943
Depreciation Qtr Cr 728682695654643628637
Interest Qtr Cr 210191175194187200175
Tax Qtr Cr 415588822462333714-178
Net Profit Qtr Cr 1,2061,7061,6509947181,5542,454
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 62,01651,275
Operating Expenses Annual Cr 51,39539,727
Operating Profit Annual in Cr 9,93110,936
Depreciation Cr 2,6192,457
Interest Annual Cr 755798
Tax Annual Cr 2,3291,227
Net Profit Annual Cr 4,9177,067
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 9,3488,670
Cash from Investing Activity Annual Cr -6,754789
Cash from Financing Annual Activity Cr -2,370-9,501
Net Cash Flow Annual Cr 225-42
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 52,93749,271
Fixed Assets Annual Cr 53,25550,203
Total Non Current Assets Annual Cr 65,03661,670
Total Current Assets Annual Cr 21,86518,992
Total Assets Annual Cr 86,90180,662
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1,8341,707
ROE Annual % 914
ROCE Annual % 1215
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1723
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 16,01217,73718,66215,52113,89315,16415,767
Operating Expenses Qtr Cr 13,46114,68815,34013,18512,02612,06912,695
Operating Profit Qtr Cr 2,5513,0493,3222,3361,8673,0953,073
Depreciation Qtr Cr 798749762723708695703
Interest Qtr Cr 234211191215200216206
Tax Qtr Cr 409577822465344711-198
Net Profit Qtr Cr 1,2811,6881,6661,0587561,5842,620
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 63,74353,107
Operating Expenses Annual Cr 52,62041,084
Operating Profit Annual in Cr 10,62011,514
Depreciation Cr 2,8882,715
Interest Annual Cr 823945
Tax Annual Cr 2,3431,190
Net Profit Annual Cr 5,0647,344
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 9,0699,283
Cash from Investing Activity Annual Cr -7,1872,257
Cash from Financing Annual Activity Cr -1,631-12,498
Net Cash Flow Annual Cr 250-958
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 54,32550,435
Fixed Assets Annual Cr 57,29054,022
Total Non Current Assets Annual Cr 70,64466,338
Total Current Assets Annual Cr 20,74317,489
Total Assets Annual Cr 91,38783,828
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1,8841,747
ROE Annual % 915
ROCE Annual % 1215
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1823

Ultratech Cement Technicals


Current Price
6.25 (0.07%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹8,633.58
  • 50 Day
  • ₹8,504.15
  • 100 Day
  • ₹8,342.89
  • 200 Day
  • ₹8,022.20
  • 20 Day
  • ₹8,659.92
  • 50 Day
  • ₹8,448.48
  • 100 Day
  • ₹8,366.03
  • 200 Day
  • ₹8,000.95

Ultratech Cement Resistance and Support

First Resistance 8,784.50
Second Resistance 8,836.25
Third Resistance 8,882.50
RSI 57.55
MFI 59.89
MACD Single Line 86.11
MACD 74.10
First Resistance 8,686.50
Second Resistance 8,640.25
Third Resistance 8,588.50

Ultratech Cement Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 211,470 13,844,941 65.47
Week 297,556 19,611,916 65.91
1 Month 206,809 12,735,316 61.58
6 Month 311,700 19,372,164 62.15

Ultratech Cement Result Highlights

UltraTech Cement Synopsis


Ultratech Cement is involved in the business activities of Manufacture of cement, lime and plaster. Company’s Total Operating Revenue is Rs. 61326.50 Cr. and Equity Capital is Rs. 288.69 Cr. for the Year ended 31/03/2023. 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 251,932
Sales 65,891
Shares in Float 11.55
No of funds 1146
Yield 0.44
Book Value 4.76
U/D Vol ratio 1.1
LTDebt / Equity 9
Alpha 0.09
Beta 0.69

UltraTech Cement

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 59.96%59.96%59.96%59.96%
Mutual Funds 13.6%13.39%13.85%13.76%
Insurance Companies 1.31%2.43%3%3.51%
Foreign Portfolio Investors 16.65%15.81%14.77%14.11%
Financial Institutions/ Banks 0.13%0.13%0.08%0.13%
Individual Investors 5.41%5.42%5.55%5.72%
Others 2.94%2.86%2.79%2.81%

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


Other Analyst Rating

Ultratech Cement Corporate Action

Date Purpose Remarks
2023-10-19 Quarterly Results
2023-07-21 Quarterly Results
2023-04-28 Audited Results & Final Dividend
2023-01-21 Quarterly Results
2022-10-19 Quarterly Results

UltraTech Cement MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
ICICI Prudential Balanced Advantage Fund Growth 49,871
UTI Nifty 50 Exchange Traded Fund 42,363

About Ultratech Cement

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.

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.

● 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.

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 ₹8,732 As on 29 November, 2023 | 21:17

What is the Market Cap of UltraTech Cement ?

The Market Cap of UltraTech Cement is ₹252102.9 Cr As on 29 November, 2023 | 21:17

What is the P/E ratio of UltraTech Cement ?

The P/E ratio of UltraTech Cement is 44.3 As on 29 November, 2023 | 21:17

What is the PB ratio of UltraTech Cement ?

The PB ratio of UltraTech Cement is 4.6 As on 29 November, 2023 | 21:17

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.

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


● J K Cements

● Birla Corpn.