Latest news about UltraTech Cement
Morgan Stanley Maintains Overweight Rating on UltraTech Cement with ₹14,600 Target Price
UltraTech Cement
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More news about UltraTech Cement
28Apr 26
UltraTech Cement Faces West Asia Crisis Impact with ₹90 Crore Q4 Packaging Costs
UltraTech Cement is navigating multiple operational challenges including West Asia conflict impact on costs and demand sentiment, additional Q4 FY26 packaging expenses of ₹90 crores, and expectations of stable fuel costs with slight petcoke price increases in the June quarter.
28Apr 26
UltraTech Cement Targets 242.5 Million Tons Capacity by FY28 with 37 MT Expansion
UltraTech Cement has unveiled major expansion plans to increase production capacity by 37 million tons, aiming to exceed 242.5 million tons by fiscal 2028. The company's management anticipates sustainable volume growth of 7% to 8% annually, with ambitious double-digit growth targets for FY27, reflecting strong confidence in market demand and strategic positioning for long-term growth.
28Apr 26
UltraTech Cement Plans Annual Investment of INR 8,000-10,000 Crore for Future Growth
UltraTech Cement has announced annual investment plans of INR 8,000-10,000 crore for future growth, with full funding confirmed. The company targets sourcing 85% of its power from green energy by fiscal 2030 as part of its sustainability initiative. India Cements aims to achieve over INR 1,000 per ton EBITDA by fiscal 2028 through efficiency improvements and strategic capital expenditure.
28Apr 26
Goldman Sachs Maintains Buy Rating on UltraTech Cement with ₹13,230 Target Price
Goldman Sachs maintains Buy rating on UltraTech Cement with ₹13,230 target price following strong Q4 performance featuring 9% volume growth and ₹1,167 EBITDA per tonne. The positive outlook is driven by 18% YoY India volume surge, completed integrations, and projected 14% EBITDA CAGR from capacity expansion, though near-term energy cost pressures remain a concern.
28Apr 26
Motilal Oswal Raises UltraTech Cement Target Price to ₹13,800 on Strong Q4 Performance and Growth Outlook
Motilal Oswal has raised UltraTech Cement's target price to ₹13,800 from ₹12,800, maintaining a Buy rating based on strong Q4 performance driven by cost savings. The brokerage expects manageable West Asia headwinds to be offset by price hikes and operational improvements. Robust growth projections include revenue, EBITDA, and PAT CAGR of approximately 13%, 15%, and 18% respectively for FY26-28, while maintaining low leverage below 1x net debt to EBITDA and improving ROE/ROCE to around 14%/12% by FY28.
28Apr 26
Triple Analyst Support: CLSA, Jefferies & HSBC Back UltraTech Cement with ₹14,000+ Targets
Three major brokerages have issued positive ratings on UltraTech Cement with target prices above ₹14,000. HSBC leads with ₹14,200 target citing Q4 EBITDA/PAT beat and ₹240/share special dividend, while CLSA maintains ₹14,000 target and Jefferies sets ₹14,050 target based on strong operational performance and strategic milestones.
27Apr 26
Ultratech to Launch Wires and Cables Business Operations in Q3
Ultratech has announced plans to launch its wires and cables business operations in the third quarter, representing a strategic diversification move for the company. This expansion into a new business vertical demonstrates the company's commitment to exploring growth opportunities beyond its traditional operations and broadening its product portfolio in the electrical and infrastructure sectors.
27Apr 26
UltraTech Cement: Capacity Exceeds 200 MTPA, Operating Cash Flows Surge 50%
UltraTech Cement has reached a significant operational milestone with domestic grey cement capacity exceeding 200 MTPA, while demonstrating strong financial performance through operating cash flows of ₹14,398 crores, representing a 50% year-on-year increase that highlights enhanced operational efficiency and cash generation capabilities.
27Apr 26
UltraTech Cement Board Recommends Final Dividend of Rs. 240 Per Equity Share
UltraTech Cement's board of directors has recommended a final dividend of Rs. 240 per equity share for the company's shareholders. The dividend recommendation will require shareholder approval through the standard corporate governance process at the upcoming annual general meeting. This payout represents a significant return distribution to equity holders of India's leading cement manufacturer.
26Apr 26
UltraTech Cement Schedules Analyst Group Meet at Manufacturing Unit on April 29, 2026
UltraTech Cement Limited has scheduled a group meeting for analysts at one of its manufacturing units on April 29, 2026. The company notified stock exchanges under SEBI Regulation 30 compliance, emphasizing that no unpublished price-sensitive information will be shared during the meeting. The latest investor presentation remains available on the company's official website for participants and stakeholders.
24Apr 26
UltraTech Cement Records Rs. 45.68 Crore Block Trade on NSE
UltraTech Cement Ltd. executed a significant block trade on NSE worth Rs. 45.68 crores involving approximately 37,600 shares at Rs. 12,150.00 per share. The substantial transaction reflects meaningful institutional activity and demonstrates continued investor interest in the cement major's shares.
24Apr 26
UltraTech Cement Files Initial Large Corporate Disclosure with SEBI
UltraTech Cement Limited filed its initial Large Corporate disclosure under SEBI Master Circular dated 15th October, 2025, reporting outstanding borrowings of Rs. 5500 crores as on 31st March, 2026. The company maintains AAA credit ratings from both CRISIL and India Rating agencies. The disclosure confirms compliance with Chapter XII requirements and designates NSE for any potential fine payments under the framework.
22Apr 26
UltraTech Cement Crosses 200 MTPA Capacity Milestone, Becomes World's Largest Outside China
UltraTech Cement achieved a historic milestone by crossing 200 MTPA installed cement manufacturing capacity in India through commissioning three new grinding units with 8.7 MTPA cumulative capacity. The strategic facilities in Shahjahanpur, Patratu, and Vizag bring India capacity to 200.1 MTPA and global capacity to 205.5 MTPA, making it the world's largest cement company outside China.
21Apr 26
Jefferies Maintains Buy on UltraTech Cement at ₹14,025 Despite Energy Cost Pressures
Jefferies maintains its Buy recommendation on UltraTech Cement with a target price of ₹14,025, recognizing the company's achievement of crossing 200 MTPA capacity to become the largest cement producer outside China with ~30% Indian market share. While acknowledging energy cost inflation pressures from West Asia developments that could drive ₹300/t variable cost increases and 4-9% EBITDA cuts in FY27-FY28, the brokerage views UltraTech as a strong proxy for India's infrastructure growth with scale-driven resilience.
16Apr 26
UltraTech Cement Dematerializes 19,099 Shares in Q4 FY26, Demat Holdings Reach 99.67%
UltraTech Cement reported dematerialization of 19,099 shares during Q4 FY26 with no rematerialization activity. Total demat shares reached 29,37,07,527 as of March 31, 2026, representing 99.67% of paid-up equity capital. The company filed its quarterly compliance certificate under SEBI Regulation 74(5) with stock exchanges on April 16, 2026.
12Apr 26
UltraTech Cement Receives Credit Rating Reaffirmation from CARE Ratings
CARE Ratings Limited has reaffirmed UltraTech Cement Limited's 'CARE AAA; Stable / CARE A1+' credit rating for bank facilities worth ₹17,100 crore, while withdrawing the fixed deposit rating due to full repayment. The reaffirmation reflects the company's sustained market leadership in India's cement industry, with installed capacity of 188.66 MTPA as of December 31, 2025, and overall grey cement capacity of 194.06 MTPA including overseas operations. UltraTech's strong financial performance shows net sales growth of 14% CAGR over five years, reaching ₹74,936 crore in FY25, supported by integrated operations and expanding green energy initiatives targeting 60% renewable power mix by FY27-end.
10Apr 26
UltraTech Cement: Co's Q4 Earnings Concall on April 27, at 5pm
UltraTech Cement has scheduled its Q4FY26 earnings call for April 27, 2026 at 5:00 PM IST to discuss financial results for the quarter and year ended March 31, 2026. The company has provided comprehensive access details including domestic numbers and international toll-free options for USA, UK, Singapore, and Hong Kong participants.
09Apr 26
BofA Maintains Buy Rating on UltraTech Cement with Revised Target Price of ₹13,400
Bank of America maintains its Buy rating on UltraTech Cement while revising the target price to ₹13,400 from ₹14,000. The adjustment reflects cost headwinds of ₹200–250 per metric ton from the West Asia conflict. Despite expecting margin pressures in Q4, BofA views pricing actions as a key near-term catalyst and maintains a positive long-term outlook on the cement major.
07Apr 26
UltraTech Cement Discloses Material Price Movement Under SEBI Regulations
UltraTech Cement Limited filed a regulatory disclosure under SEBI Regulation 30(11) on April 6, 2026, reporting a material price movement in its shares. The company stated that no specific triggering events or mainstream media information could be identified, attributing the movement to purely market-driven factors. The disclosure was signed by Company Secretary Dhiraj Kapoor and submitted to BSE and NSE for regulatory compliance.
02Apr 26
DAM Capital Maintains Buy on Shree Cement with Rs 27,000 Target Price
DAM Capital has maintained its Buy rating on Shree Cement with a target price of Rs 27,000 as part of its broader cement sector upgrade. The brokerage expects price increases of Rs 30-50 per bag across regions from April 2026 to counter cost inflation and drive profitability recovery across the industry.
01Apr 26
UltraTech Cement Launches Second 'Saksham Niveshak' Campaign for Shareholder KYC Updates and Dividend Claims
UltraTech Cement Limited has launched the Second 100 Days Campaign 'Saksham Niveshak' from 1st April 2026 to 9th July 2026, following IEPFA and MCA directives. The initiative targets shareholders with unpaid dividends and incomplete KYC details, requiring submission of specific forms for physical shareholdings and DP updates for demat holdings. The company offers multiple submission channels including post, email, and online portals, with dividend payments processed electronically only after successful KYC completion.
01Apr 26
UltraTech Cement Announces Special Window for Physical Share Transfer and Dematerialisation
UltraTech Cement Limited has announced SEBI's new special window for physical share transfer and dematerialisation, running from February 5, 2026 to February 4, 2027. The window allows re-lodgement of transfer requests originally submitted before April 1, 2019, with mandatory original share certificates. All processed shares will be issued in dematerialised form with a one-year lock-in period, excluding disputed cases and IEPF-transferred securities.
01Apr 26
UltraTech Cement Receives GST Authority Order with ₹53.81 Crore Tax Demand
UltraTech Cement Limited disclosed receiving a GST order from Additional Commissioner, Central GST, Dehradun, with tax demand of ₹53,81,19,148 plus interest and equal penalty amount. The order relates to alleged differential tax liability and non-reversal of ITC for FY 2019-20 to FY 2023-24. The company plans to contest the demand and expects no material financial impact.
27Mar 26
HSBC Maintains Buy Rating on UltraTech Cement with Target Price of Rs 13,750
HSBC has maintained its Buy rating on UltraTech Cement with a target price of Rs 13,750. The brokerage expects capacity additions to peak in FY27, with supply-demand improvements anticipated from FY28. Expected April-May price hikes are viewed as helping the company pass through higher energy costs.
27Mar 26
UltraTech Cement Settles ₹1,000 Crore Arbitration Dispute with Jaiprakash Associates
UltraTech Cement has successfully settled a ₹1,000 crore arbitration dispute with Jaiprakash Associates Limited involving 1,00,000 Series A Redeemable Preference Shares issued in 2017. The settlement grants UltraTech complete control over the Dalla Super unit and mines in Uttar Pradesh while fully discharging all related claims and liabilities.
26Mar 26
UltraTech Cement Receives GST Authority Order for ₹51.47 Lakh Tax Demand and Penalty
UltraTech Cement Limited received a GST authority order from Kerala confirming tax demand of ₹25.73 lakh and penalty of ₹25.73 lakh related to alleged irregular ITC availment from FY2019-20 to FY2022-23. The company plans to contest the demand and expects no material financial impact. The disclosure was made on March 26, 2026, in compliance with SEBI listing regulations.
26Mar 26
UltraTech Cement Receives GST Authority Order with Tax Demand of Rs. 28.97 Crore
UltraTech Cement Limited disclosed receiving a GST authority order from Maharashtra confirming a tax demand of Rs. 28,96,92,293 with interest of Rs. 15,00,05,050 and penalty of Rs. 2,89,69,229. The order relates to alleged excess ITC availment, ineligible ITC claimed, and short payment of tax liability for the acquired Kesoram Industries cement business pertaining to FY 2022-23. The company plans to contest the demand and expects no material financial impact.
23Mar 26
CLSA Maintains Outperform Rating on UltraTech Cement Despite Cost Inflation Concerns
CLSA maintains its outperform rating on UltraTech Cement despite near-term earnings risks from Middle East-driven cost inflation affecting crude-linked inputs, petcoke, and packaging materials. The brokerage expects 4-5% cement price hikes to counter $40 per tonne petcoke cost increases and believes the company's pricing retention ability, combined with trough EV/T valuations, supports medium-term upside potential.
18Mar 26
UltraTech Cement Acquires 26.18% Stake in Solar Power Company for ₹19.20 Crores
UltraTech Cement has announced the acquisition of a 26.18% equity stake in Sunsure Solarpark Seven Private Limited for ₹19.20 crores, marking a strategic move to enhance its green energy portfolio. The investment focuses on a 60 MWp solar power project in Charkhari, Uttar Pradesh, featuring an integrated Battery Energy Storage System for captive power generation.
16Mar 26
UltraTech Cement Reports Material Price Movement as Market-Driven on March 16, 2026
UltraTech Cement Limited filed a regulatory disclosure with BSE and NSE on March 16, 2026, clarifying a material price movement in its shares. The company stated no specific event or media information triggered the movement, attributing it to purely market-driven factors under SEBI Regulation 30(11).
13Mar 26
UltraTech Cement Receives GST Order Worth ₹3.34 Crore from Maharashtra Authorities
UltraTech Cement Limited disclosed receiving a GST order from Maharashtra authorities demanding ₹1,08,54,131 in tax along with ₹1,17,22,460 interest and ₹1,08,54,131 penalty, totaling ₹3,34,30,722. The order relates to alleged ineligible ITC claims for FY 2019-20. The company plans to contest the demand and expects no material financial impact.
06Mar 26
UltraTech Cement Acquires 26.20% Stake in Solar Power Company for Rs. 6.72 Crore
UltraTech Cement has announced the acquisition of a 26.20% equity stake in Sunsure Solarpark Thirty Eight Private Limited for Rs. 6.72 crore as part of its strategic entry into renewable energy. The investment will provide access to a 21 MWp DC solar power project with integrated battery storage in Dhule, Maharashtra, helping the cement major meet its green energy requirements and optimize operational costs.
06Mar 26
UltraTech Cement Appoints Jayant Dua as Managing Director Designate from April 2026
UltraTech Cement's board approved the appointment of Jayant Dua as Managing Director Designate effective April 1, 2026, with his full MD role beginning January 1, 2027 for a four-year term. Dua brings 37 years of leadership experience across diverse Aditya Birla Group businesses and holds engineering and MBA qualifications from prestigious institutions.
04Mar 26
UltraTech Cement to Participate in J.P. Morgan India Forum on March 9-10, 2026
UltraTech Cement Limited will participate in the J.P. Morgan India Forum on March 9-10, 2026, as announced on March 4th, 2026. The company will attend the group meeting format with representatives present, while ensuring no Unpublished Price Sensitive Information is shared. The announcement complies with SEBI Regulation 30 requirements, and the company's latest investor presentation remains accessible on its official website.
02Mar 26
UltraTech Cement Acquires 26% Stake in Solar Power Company for Rs. 15.12 Crore
UltraTech Cement has announced the acquisition of a 26% equity stake in AMPIN C&I Power Forty Four Private Limited for up to Rs. 15.12 crore. The target company is developing a 45 MWp DC / 30 MW AC solar power project with battery storage in Odisha. The acquisition aims to meet green energy needs, optimize energy costs, and ensure regulatory compliance for captive power consumption.
07Feb 26
Fitch Ratings Affirms UltraTech Cement's 'BBB-' Credit Rating with Stable Outlook
Fitch Ratings has affirmed UltraTech Cement Limited's Long-Term Foreign and Local Currency Issuer Default Ratings at 'BBB-' with stable outlook, following an update of its Corporate Rating Criteria. The rating agency also maintained the 'BBB-' rating for the company's USD 400 million 2.80% senior unsecured notes due 2031. The affirmation was disclosed to multiple stock exchanges on February 7th, 2026, in compliance with SEBI regulations, maintaining the company's investment-grade status.
05Feb 26
UltraTech Cement Completes 2.7 MTPA Capacity Expansion at Aligarh Facility
UltraTech Cement has completed a 2.7 MTPA capacity expansion at its Aligarh facility, marking a significant milestone in the company's growth strategy. This development enhances the cement manufacturer's production capabilities and strengthens its position in the northern Indian market.
04Feb 26
UltraTech Cement Grants 1,521 Stock Options Under Employee Stock Option Scheme 2022
UltraTech Cement granted 1,521 stock options to eligible employees under its Employee Stock Option Scheme 2022 on February 3, 2026. The grant includes 1,381 regular options priced at Rs. 12,535 each and 140 PSUs at Rs. 10 each. Regular options vest 33% annually over three years while PSUs vest 100% after three years, with a five-year exercise period from vesting date.
30Jan 26
UltraTech Cement Receives GST Orders Worth ₹15.26 Crore from Tamil Nadu Authorities
UltraTech Cement Limited disclosed receiving two GST orders from Tamil Nadu authorities on January 29, 2026, involving tax demands of Rs.15.26 crore for alleged excess ITC claims in FY2020-21 and FY2022-23. The orders include substantial interest and penalty components, but the company plans to contest the demands and expects no material financial impact on its operations.
27Jan 26
UltraTech Cement Reports Strong Q3 Performance with 40% Jump in Net Profit
UltraTech Cement delivered exceptional third-quarter results with consolidated net profit jumping to ₹17.25 billion from ₹12.31 billion year-on-year, marking approximately 40% growth. The company's EBITDA rose to ₹39 billion compared to ₹28.95 billion in the same period last year, while EBITDA margins improved to 17.94% from 16.28%, reflecting enhanced operational efficiency and strong market execution.
24Jan 26
UltraTech Cement Makes Q3FY26 Earnings Call Recording Available Online
UltraTech Cement Limited has made its Q3FY26 earnings call audio recording available online following the January 24, 2026 investor meeting. The recording covers financial results for the quarter ended December 31, 2025, and is accessible through the company's official website in compliance with SEBI regulatory requirements.
21Jan 26
UltraTech Cement Q3FY26 Preview: Volume Growth to Drive Performance Despite Pricing Headwinds
UltraTech Cement is expected to report strong Q3FY26 results with 18.9% YoY revenue growth to ₹21,142 crore, driven by 15-21% volume growth from acquisitions and new capacity additions. Despite pricing pressures and elevated fuel costs, EBITDA margin is projected to improve to 17.0% from 16.3% in the previous year, supported by operating leverage and cost efficiencies.
19Jan 26
UltraTech Cement Records ₹22.18 Crore Block Trade on NSE
UltraTech Cement recorded a significant block trade on NSE worth ₹22.18 crores, involving approximately 17,930 shares at ₹12,373.00 per share. This large-volume institutional transaction reflects continued investor interest in the leading cement manufacturer and demonstrates the scale of institutional trading activity in the sector.
16Jan 26
UltraTech Cement Divests Singapore Subsidiary Bumi Resources for USD 107
UltraTech Cement has entered into a Share Purchase Agreement to divest its entire stake in Singapore-based subsidiary Bumi Resources (Singapore) Pte. Ltd. to Celestial Energy Pte. Ltd. for USD 107. The subsidiary, classified as non-material with zero turnover and USD 104 net worth, is expected to be fully transferred by March 31, 2026, as part of the company's portfolio optimization strategy.
07Jan 26
UltraTech Cement Records ₹18.61 Crore Block Trade on NSE
UltraTech Cement recorded a notable block trade on the National Stock Exchange worth ₹18.61 crores, involving 15,316 shares at ₹12,152.00 per share. The transaction demonstrates significant institutional investor activity and confidence in the leading cement manufacturer's market position.
02Jan 26
UltraTech Cement Q3FY26 Earnings Call Scheduled for January 24, 2026
UltraTech Cement Limited announced its Q3FY26 earnings call scheduled for January 24, 2026 at 4:00 PM IST through regulatory filings submitted on January 2, 2026. The call will discuss financial results for the quarter ended December 31, 2025, featuring management discussion followed by Q&A session with comprehensive access arrangements for domestic and international participants.
31Dec 25
UltraTech Cement Receives GST Orders Totaling ₹52.46 Lakh from Haryana Authorities
UltraTech Cement Limited disclosed receiving two GST orders from Haryana authorities on December 31, 2025, with total financial implications of ₹52.46 lakh. The orders involve a ₹13.05 lakh penalty for supplies to a customer later deemed non-existent and a ₹17.21 lakh tax demand plus equal penalty related to Input Tax Credit issues. The company plans to contest both orders and expects no material financial impact on its operations.
28Dec 25
UltraTech Cement Receives Mixed GST Orders from Tamil Nadu
UltraTech Cement has received two GST orders from Tamil Nadu authorities with largely favorable outcomes. The first order dropped major tax demands and penalties totaling ₹236.8 crores, with only a minimal penalty of ₹54,641 upheld. The second order dropped demands of ₹43.47 crores but upheld smaller amounts totaling ₹32.6 lakhs in tax, interest, and penalties. UltraTech plans to contest the upheld demands from the second order and states that neither order will have a material financial impact on its operations.
24Dec 25
UltraTech Cement Commissions 1.8 MTPA Capacity at Maharashtra and Rajasthan Units
UltraTech Cement has successfully commissioned 1.8 MTPA of additional cement manufacturing capacity across its Dhule grinding unit in Maharashtra (0.6 MTPA) and Nathdwara integrated unit in Rajasthan (1.2 MTPA). This expansion brings the company's total domestic grey cement capacity to 188.66 MTPA and global capacity to 194.06 MTPA, strengthening its position as a leading cement manufacturer in India's growing construction sector.
17Dec 25
UltraTech Cement Receives GST Demand Order Worth ₹71.37 Lakh from Gujarat Authority
UltraTech Cement has received a GST demand order of ₹71.37 lakh from the State Tax Officer, Gujarat. The demand includes ₹25.88 lakh as principal, ₹19.63 lakh as interest, and ₹25.88 lakh as penalty. The issue relates to Input Tax Credit claims from vendors whose registrations were later cancelled. UltraTech is reviewing the order and states that it expects no material financial impact from this development.
11Dec 25
Fitch Ratings: UltraTech Cement Unlikely to Face Rating Pressure from Rupee Decline
Fitch Ratings has stated that UltraTech Cement is unlikely to experience rating pressure from the decline in the Indian rupee. The rating agency's assessment reflects confidence in the cement manufacturer's financial resilience and ability to manage currency-related risks. This positive evaluation suggests that UltraTech Cement's operational fundamentals and financial strength provide adequate protection against rupee depreciation impacts.
19Nov 25
UltraTech Cement Appoints Ashok Kumar Pas as Chief Legal Officer
UltraTech Cement Limited has announced the appointment of Mr. Ashok Kumar Pas as the new Chief Legal Officer, effective from November 20, 2025. Mr. Pas brings over 21 years of post-qualification experience in various legal domains, including dispute management, strategic legal advisory, risk management, compliance, and mergers & acquisitions. The appointment, approved by the Board of Directors, aims to strengthen UltraTech's legal and compliance framework. As India's largest cement manufacturer, this move aligns with UltraTech's commitment to maintaining high standards of legal compliance and corporate governance.
18Nov 25
Fitch Reaffirms UltraTech Cement's 'BBB-' Rating, Outlook Remains Stable
Fitch Ratings has reaffirmed UltraTech Cement's credit rating at 'BBB-' with a stable outlook. This investment grade rating indicates the company's adequate capacity to meet financial commitments. The stable outlook suggests Fitch doesn't anticipate significant changes in UltraTech's creditworthiness in the near term.
04Nov 25
UltraTech Cement Receives GST Order Worth Rs 13 Crore from Ujjain Authority
UltraTech Cement has received a GST demand order of approximately Rs 13 crore from the Additional Commissioner, CGST & Central Excise, Ujjain. The demand includes Rs 6.49 crore each for GST, interest, and penalty. The order relates to Reverse Charge Mechanism on Stamp Duty and Registration Fees for a lease deed execution. UltraTech is reviewing the order and will decide on further action, stating there is no material financial impact on the company.
31Oct 25
UltraTech Cement Grants 549 Stock Options to Employees Under ESOP Scheme 2022
UltraTech Cement Limited has approved an employee incentive program, granting 549 stock options to eligible employees. This includes 498 regular options priced at Rs. 11,999.00 each, vesting over 3 years, and 51 Performance Stock Units (PSUs) at Rs. 10.00 each, vesting after 3 years. Both types have a 5-year exercise period post-vesting. This move aims to align employee interests with company performance and foster a culture of ownership.
28Oct 25
UltraTech Cement Reports Mixed Q2 Results Amid Robust Demand
UltraTech Cement's Q2 results show resilience amid challenges. Consolidated net sales decreased to Rs. 15,308.00 crores, and profit after tax declined to Rs. 820.00 crores. Domestic sales volume grew by 3% despite heavy rains, with 68% capacity utilization. Energy costs reduced by 14%, while raw material costs increased by 1%. The company sold over 31 million tons of cement, with rural markets growing 13%. UltraTech raised US$500.00 million through a sustainability-linked loan and increased its stake in RAKW to 54.79%. Plans include expanding capacity by 22.8 million tons, focusing on Northern and Western markets. The company aims to exit the current financial year with a 200 million ton capacity and increase market share from 28% to 32-33%.
27Oct 25
UltraTech Cement Reports Robust Q2 Sales, Announces 22.8 Million Ton Expansion Plan
UltraTech Cement achieved over 31 million tons in Q2 sales despite challenging weather. The company reported growth across various metrics, with rural market growth at 13%. UltraTech announced a 22.8 million ton capacity expansion plan, focusing on Northern (18 million tons) and Western (4.8 million tons) markets, expected to complete by fiscal 2029. The expansion will be funded largely through internal accruals. UltraTech aims to increase its retail footprint and expand its Ready-Mix Concrete business. The company expects to maintain strong financial performance despite some cost pressures in Q2.
20Oct 25
UltraTech Cement Projects 6-7% Industry Growth for Current Year
UltraTech Cement forecasts a 6-7% growth rate for the Indian cement industry for the full year. For Q2, the company expects a slightly lower growth rate of 4.5-5%. These projections suggest strong performance and confidence in the construction and infrastructure sectors, despite potential economic challenges.
20Oct 25
UltraTech Cement's Q2 Profit Soars 75.7% Amid Strong Revenue Growth
UltraTech Cement, India's leading cement manufacturer, has posted impressive Q2 results. The company's consolidated net profit rose by 75.7% to ₹12.30 billion, while revenue increased by 20.3% to ₹196.00 billion compared to the same quarter last year. EBITDA grew by 53.4% to ₹30.95 billion, with the EBITDA margin expanding by 288 basis points to 15.79%. These results demonstrate significant improvements in profitability, operational efficiency, and overall financial performance.
18Oct 25
UltraTech Cement Reports Strong Q2 FY26 Growth, Announces ₹10,255 Crore Capacity Expansion
UltraTech Cement's Q2 FY26 consolidated net sales increased by 21.3% to ₹19,371.00 crores, with PAT surging 75% to ₹1,232.00 crores. Domestic grey cement sales grew 22.3%, outpacing industry growth. The company announced a ₹10,255.00 crore expansion plan to add 22.8 mtpa capacity, aiming to reach 240.76 mtpa globally. Sustainability efforts include increased use of renewable energy and waste heat recovery systems.
18Oct 25
UltraTech Cement Reports Robust 21% Revenue Growth in Q2FY26, Surpassing Industry Expectations
UltraTech Cement's Q2FY26 results show strong growth. Consolidated net sales increased 21.3% to Rs. 19,371.00 crores, while profit after tax surged 75% to Rs. 1,232.00 crores. Domestic grey cement volumes grew 22.3%, outpacing industry expectations. The company's total capacity reached 192.26 mtpa globally. Energy costs decreased by 7%, while raw material costs rose 5%. UltraTech continued sustainability efforts, increasing green power share to 41.6% of its power mix.
07Oct 25
UltraTech Cement Executes Rs. 78.52 Crore Block Trade on NSE
UltraTech Cement completed a significant block trade on the National Stock Exchange (NSE). The transaction involved 64,581 shares at Rs. 12,158.00 per share, totaling Rs. 78.52 crores. This substantial trade may indicate significant investor interest or a strategic move by a large shareholder, potentially influencing market sentiment and stock performance.
28Aug 25
UltraTech Cement Triumphs in Tax Appeal, Receives ESG Ratings
UltraTech Cement has won a tax appeal against a GST demand, with the matter remanded for fresh adjudication. The company states this will not have a material financial impact. Additionally, UltraTech has received ESG ratings from Crisil ESG Ratings & Analytics Limited, scoring 59 (Adequate) for ESG Rating and 64 for Core ESG Rating for FY2024-25.
20Aug 25
UltraTech Cement to Divest 6.49% Stake in The India Cements as Part of Strategic Realignment
UltraTech Cement, India's largest cement manufacturer, has approved the sale of its 6.49% stake (2,01,12,330 equity shares) in The India Cements Limited through a stock exchange offer. This strategic portfolio realignment decision was made by UltraTech's Committee of Directors and Officers. The sale will be conducted via an offer for sale mechanism, adhering to SEBI and stock exchange regulations. UltraTech recently reported strong Q1 FY2026 results with a 13.05% increase in consolidated net revenue and a 49% rise in profit after tax compared to Q1 FY2025. The company also expanded its grey cement capacity by 3.5 MTPA, reaching a total capacity of 192.26 MTPA.
20Aug 25
UltraTech Cement Accelerates Capacity Expansion, Set to Become World's Largest Cement Seller Outside China
UltraTech Cement is on track to surpass 200 million tonnes per annum (MTPA) capacity by the end of the current fiscal year, a year earlier than planned. The company added 42.6 MTPA in FY25 through organic growth and acquisitions, reaching 188.8 MTPA consolidated capacity. UltraTech aims to become the largest cement-selling company globally outside China, with a network covering 80% of India. Q1 FY26 saw strong financial performance with consolidated net revenue of Rs. 21,275 crore and a 49% increase in profit after tax. The company also focuses on sustainability, achieving 1 GW of renewable energy capacity and reducing CO₂ emissions to 549 kg per tonne.
24Jul 25
UltraTech Cement Reports 9.7% Volume Growth in Q1, Targets Double-Digit Annual Expansion
UltraTech Cement achieved 9.7% year-on-year consolidated volume growth in Q1, with total sales of 34.64 million tons. The UltraTech brand grew by 6.5%, while India Cements contributed 2.18 million tons. Cement prices increased by 2.2% sequentially, with South and East regions showing maximum gains. The company plans to add 10 million tons of capacity and targets double-digit volume growth for the full year. UltraTech's building products division revenue grew to ₹275 crores from ₹185 crores last year. The company plans a capex of approximately ₹10,000 crores to support growth initiatives.
22Jul 25
UltraTech Cement Posts Strong Q1 Results with 9.7% Volume Growth
UltraTech Cement's Q1 financial results show significant growth. Net sales increased 13% to ₹21,040.00 crores, while profit after tax jumped 49% to ₹2,226.00 crores. Sales volumes grew 9.7% to 36.83 million tonnes. The company successfully turned around India Cements, generating an EBITDA of ₹92.00 crores. UltraTech expanded its grey cement capacity by 3.5 million tonnes, reaching a total capacity of 192.26 million tonnes per annum. The company also made progress in sustainability, ranking 9th in the S&P Dow Jones Sustainability World Index for the Construction Material sector.
21Jul 25
UltraTech Cement Posts Strong Q1 FY26 Results with 9.7% Volume Growth
UltraTech Cement Limited reported robust Q1 FY26 results with consolidated net sales reaching ₹21,040.00 crores, up 13% YoY. PAT surged 49% to ₹2,226.00 crores. Sales volumes grew 9.7% to 36.83 million metric tonnes. The company benefited from lower energy costs and successfully turned around India Cements. UltraTech expanded its grey cement capacity by 3.5 million tonnes, bringing the total to 192.26 million tonnes per annum. The company continues to focus on sustainability initiatives, ranking 9th in the S&P Dow Jones Sustainability World Index for the Construction Material sector.
21Jul 25
UltraTech Cement Reports Strong Q1 Results with 9.7% Volume Growth and 49% PAT Jump
UltraTech Cement announced impressive Q1 financial results, with consolidated sales volumes up 9.7% to 36.83 million tonnes. Net sales increased by 12.9% to Rs. 21,040.00 crores, while EBITDA surged 44% to Rs. 4,591.00 crores. Profit After Tax (PAT) grew significantly by 49% to Rs. 2,226.00 crores. The company successfully turned around India Cements' performance and expanded its grey cement capacity to 192.26 mtpa. Energy costs decreased by 12% year-on-year, while raw material costs rose marginally by 2%.
20Jul 25
UltraTech Cement Q1 Preview: Analysts Anticipate Strong Growth Amid Industry Tailwinds
UltraTech Cement, India's largest cement producer, is expected to report robust growth in its upcoming quarterly results. Analysts project 19% revenue growth to Rs 21,506.00 crore and 20.5% EBITDA growth to Rs 4,408.65 crore. Volume growth forecasts range from 7% to 18% YoY, supported by capacity expansions and acquisitions. Jefferies anticipates 33-45% YoY EBITDA growth. The positive outlook is driven by government infrastructure initiatives and strong housing demand, though challenges like early monsoon and input cost volatility remain.
19Jul 25
UltraTech Cement to Announce Q1 FY2026 Results on July 21
UltraTech Cement, India's largest cement producer, will release its Q1 FY2026 results on July 21. The company has scheduled a board meeting to approve standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. An earnings call is set for 4 p.m. on the same day. The trading window for designated persons is closed from July 1 to July 23. UltraTech Cement has a production capacity of 192.26 million tonnes per annum. In the previous quarter, the company reported a 9.57% increase in consolidated net profit and a 12.70% rise in total income. The company's stock has shown strong performance, with a 9.44% gain over the past month and a 17.63% increase over six months.
09Jul 25
UltraTech Cement Shares: Rs. 57.32 Crore Block Trade Executed on NSE
UltraTech Cement Ltd. experienced a substantial block trade on the National Stock Exchange (NSE). The transaction involved approximately 46,092 shares at Rs. 12,437.00 per share, totaling Rs. 57.32 crores. This significant trade may indicate interest from institutional investors or large stakeholders in the company's stock. As a key player in the Indian cement industry, UltraTech Cement's stock activity is closely monitored by market participants for insights into trends in the infrastructure and construction sectors.
07Jul 25
UltraTech Cement Refutes Cement Cartel Investigation Claims
UltraTech Cement has issued a statement denying reports of its involvement in a cement cartel investigation. The company clarified that it has not received any order from the Competition Commission of India (CCI) regarding this matter. This statement comes amid market speculation and media reports suggesting a broader investigation into cement pricing practices in the industry. UltraTech's denial aims to address market concerns and maintain transparency with stakeholders.
05Jul 25
UltraTech Cement Refutes Involvement in CCI Cement Cartelisation Probe
UltraTech Cement has strongly denied allegations of involvement in a cement cartelisation investigation by the Competition Commission of India (CCI). The company stated it has not received any order from the CCI or requests for financial records related to the alleged investigation. UltraTech clarified that its subsidiary, India Cements Ltd, is involved in the case and will make separate disclosures. The company's swift denial aims to maintain transparency and investor confidence in the face of media reports it deems false and misleading.
04Jul 25
UltraTech Cement's Legal Chief Resigns Amid CCI Probe into Alleged Cartelisation
UltraTech Cement's Chief Legal Officer, Anoop Khatry, has resigned effective July 3, 2025. Simultaneously, the Competition Commission of India (CCI) has requested financial documents from the company as part of an investigation into alleged cartelisation in ONGC tenders. The probe implicates UltraTech Cement, its subsidiary India Cements, and other companies for potential violations of competition norms. This development raises questions about competitive practices in the cement industry, particularly in bidding for large-scale projects.
27Jun 25
UltraTech Cement Boosts Capacity with New 1.8 MTPA Grinding Mill in Madhya Pradesh
UltraTech Cement has commissioned a new cement grinding mill at its Maihar unit in Madhya Pradesh, increasing its capacity by 1.80 Million Tonnes Per Annum (MTPA). This addition brings the company's consolidated domestic grey cement capacity to 186.86 MTPA and its total global capacity to 192.26 MTPA. The expansion strengthens UltraTech's production capabilities in central India and positions it to meet growing regional demand.
26Jun 25
UltraTech Cement Expands Capacity with New Grinding Mill in Madhya Pradesh
UltraTech Cement has commissioned a second cement grinding mill at its Maihar unit in Madhya Pradesh, adding 1.8 million tonnes per annum (MTPA) to its production capacity. This expansion increases UltraTech's total domestic grey cement capacity to 186.86 MTPA and its global capacity to 192.26 MTPA. The new mill is expected to strengthen the company's position in the central Indian market and enhance its ability to meet growing cement demand in the region.
26Jun 25
UltraTech Cement Shares See Significant Block Trade on NSE
A significant block trade of UltraTech Cement shares occurred on the National Stock Exchange (NSE). The transaction involved 84,363 shares at Rs. 11,916.00 per share, totaling Rs. 100.53 crores. This large-scale trade has drawn attention from market observers due to its potential implications for the company's stock and its indication of possible institutional movements or strategic decisions by major shareholders.
24Jun 25
UltraTech Cement Shares See Rs. 20.49 Crore Block Trade on NSE
A significant block trade of approximately 17,486 shares of UltraTech Cement Ltd. occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 11,718.00 per share, totaling Rs. 20.49 crore. This large trade highlights the ongoing interest in UltraTech Cement's shares among major market participants.
02Jun 25
UltraTech Cement Gears Up for Q1 Results Announcement
UltraTech Cement, India's leading cement manufacturer, has announced that its board of directors will meet on July 21 to review and consider the financial results for the first quarter of the current fiscal year. This meeting is expected to provide insights into the company's performance, financial health, and market position. The Q1 results will be closely watched by investors and market analysts as they may influence the company's stock performance and offer indicators of the broader cement sector's health.
29May 25
UltraTech Cement Expands Portfolio with Acquisition of Wonder Wallcare
UltraTech Cement, India's largest cement manufacturer, has completed the acquisition of Wonder Wallcare, obtaining a 100% stake in the company's equity share capital. This strategic move aims to diversify UltraTech's product range and strengthen its position in the construction materials sector, particularly in the wall care segment. The acquisition is expected to complement UltraTech's existing cement and concrete solutions, potentially leading to increased market share and new product innovations.
05May 25
UltraTech Cement Boosts Production Capacity by 1.4 MTPA Through Efficiency Enhancements
UltraTech Cement has increased its production capacity by 1.4 million tonnes per annum (MTPA) through debottlenecking at three units. The expansion includes 0.60 MTPA at Nagpur, and 0.40 MTPA each at Panipat and Jhajjar. This brings UltraTech's domestic grey cement capacity to 184.76 MTPA and global capacity to 190.16 MTPA. The strategy aims to enhance operational efficiency and meet growing cement demand without major capital expenditure.
05May 25
UltraTech Cement Boasts Impressive 190.16 MTPA Global Capacity
UltraTech Cement, India's leading cement manufacturer, has announced its current manufacturing capacity. The company's domestic grey cement capacity stands at 184.76 MTPA, with an additional 5.40 MTPA from overseas operations. This brings UltraTech's total global capacity to 190.16 MTPA, reinforcing its position as one of the world's largest cement producers. The extensive capacity allows UltraTech to meet growing demand in construction and infrastructure sectors, both domestically and internationally.
30Apr 25
UltraTech Cement Sets Ambitious Growth Targets for FY26
UltraTech Cement announces strategic plans for FY26, targeting double-digit growth. The company plans a ₹10,000 crore capital expenditure for capacity expansion. Recent acquisitions of India Cements and Kesoram Industries show improving performance. UltraTech aims to reduce costs by ₹300 per tonne over three years. The company is positioning itself to capitalize on expected growth in India's infrastructure sector.
29Apr 25
UltraTech Cement Reports Strong Q4 Growth, Achieves 1 GW Renewable Energy Milestone
UltraTech Cement announced robust Q4 and FY25 results with 13% increase in Q4 consolidated net sales to Rs. 23,063.00 crores and 10% growth in PAT to Rs. 2,482.00 crores. Full-year consolidated net sales reached Rs. 74,936.00 crores. The company expanded its domestic grey cement capacity to 183.36 MTPA, commissioned 17.40 MTPA capacity, and completed strategic acquisitions. UltraTech also achieved a sustainability milestone by commissioning over 1 GW of renewable energy capacity for captive use. The board recommended a 775% dividend at Rs. 77.50 per equity share.
28Apr 25
UltraTech Cement Reports Strong Q4 Growth, Achieves 1 GW Renewable Energy Milestone
UltraTech Cement announced robust Q4 and FY25 results with significant growth. Q4 consolidated net sales increased 14% to Rs. 22,788.00 crores, and PAT grew 10% to Rs. 2,482.00 crores. FY25 saw net sales of Rs. 74,936.00 crores and PAT of Rs. 6,039.00 crores. The company expanded its domestic grey cement capacity to 183.36 mtpa, acquired a controlling stake in India Cements, and merged with Kesoram Industries' cement business. UltraTech achieved over 1 GW of renewable power installations and announced a 775% dividend. Despite potential short-term challenges, the company expects 7-8% sustainable volume growth in coming years.
28Apr 25
UltraTech Cement: Q4 Profit Rises 10%, Meets Estimates, Announces Dividend
UltraTech Cement's Q4 FY25 results show a 10% increase in consolidated net profit to ₹2,482.04 crore, meeting analyst estimates. Revenue rose 13% to ₹23,063.32 crore. The board recommended a dividend of ₹77.50 per equity share for FY25, subject to shareholder approval.
27Apr 25
UltraTech Cement Poised for Strong Q4 FY2025 Performance: Analysts Forecast
UltraTech Cement, India's largest cement manufacturer, is expected to report robust Q4 FY2025 results. Analysts project 12% YoY revenue growth and 8% YoY profit increase, driven by volume growth and stable margins. The company's performance is attributed to recovering cement demand, strategic acquisitions, and operational efficiency. While blended realizations may face slight pressure, overall outlook remains positive, potentially indicating a broader recovery in the Indian cement sector.
26Apr 25
UltraTech Cement Sets Q4 FY25 Results Date, Confirms Large Corporate Status
UltraTech Cement will announce Q4 and FY25 results on April 28, 2025, with the board considering a dividend recommendation. An earnings call is scheduled for 4:00 PM the same day. The company has implemented a trading window closure from April 1 to April 30, 2025. UltraTech confirmed its Large Corporate status with outstanding borrowings of Rs. 5,500 crores as of March 31, 2025, and maintains top credit ratings.
17Apr 25
UltraTech Cement to Acquire 26% Stake in Solar Power Company for Green Energy Push
UltraTech Cement Limited plans to acquire a 26% equity stake in AMPIN C&I Power Eight Private Limited for Rs 25.50 crore. The target company will develop a 75 MWp DC/50 MW AC solar power project in Rajasthan, expected to be completed within 180 days from agreement execution. This strategic move aims to meet UltraTech's green energy requirements, optimize energy costs, and comply with regulatory requirements for captive power consumption.
16Apr 25
UltraTech Cement Invests ₹25.50 Crore for 26% Stake in Solar Power Venture
UltraTech Cement is investing ₹25.50 crore for a 26% stake in AMPIN C&I Power Eight, a solar power SPV developing a 75 MWp DC / 50 MW AC project in Rajasthan. This strategic move aims to meet green energy needs, optimize costs, and comply with captive power consumption regulations. The acquisition will be completed within 180 days and is not a related party transaction.
07Apr 25
UltraTech Cement Leads Price Hike in Southern India's Cement Market
UltraTech Cement and other manufacturers have increased cement prices by Rs 40-50 per bag in Southern India, effective immediately. This marks the first significant price adjustment in the region since April 2024. The industry-wide move is expected to impact construction costs and potentially affect project budgets and consumer spending in the area.
07Apr 25
UltraTech Cement Sees Significant Block Trade on NSE
UltraTech Cement Ltd. experienced a significant block trade on the National Stock Exchange (NSE). 15,191 shares were traded at ₹11,095.00 per share, totaling ₹168,543,145.00 (₹16.85 crores). This large transaction may indicate substantial investor interest in the cement sector.
04Apr 25
UltraTech Cement Expands Value-Added Products Portfolio with Rs 235 Crore Acquisition of Wonder WallCare
UltraTech Cement Limited is set to acquire Wonder WallCare Private Limited, a wall putty manufacturer, for an enterprise value not exceeding Rs 235 crore. The deal involves purchasing 100% equity of Wonder WallCare and includes access to a state-of-the-art manufacturing plant in Rajasthan with a capacity of 6 lakh metric tonnes per annum. This strategic move aims to strengthen UltraTech's position in the value-added products segment and expand its presence in the competitive putty manufacturing market in India.
03Apr 25
UltraTech Cement Expands Product Portfolio with 2.35 Billion Rupee Acquisition of Wonder Wallcare
UltraTech Cement is set to acquire Wonder Wallcare Private Limited for ₹235 crores, gaining a state-of-the-art putty manufacturing plant in Rajasthan with an annual capacity of 6 lakh metric tonnes. The acquisition aligns with UltraTech's expansion strategy in the white cement and putty business, strengthening its position in the fragmented putty market. The deal involves purchasing 100% equity of Wonder Wallcare and is expected to close within three months, subject to approvals.
Industry PeersUltraTech Cement
Grasim Industries
Ambuja Cements
Shree Cement
JK Cement
Dalmia Bharat
ACC
Ramco Cements
JSW Cement
India Cements
11,866.00
(-0.70%)
2,984.20
(+0.53%)
436.20
(-1.82%)
25,205.00
(-0.90%)
5,465.00
(-1.91%)
1,772.20
(-2.82%)
1,357.90
(-2.44%)
950.50
(-0.94%)
125.06
(+0.43%)
397.85
(-2.68%)
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