- Valuation
- ₹2,12,281 Cr
About UltraTech Cement
UltraTech Cement is a publicly listed company based in Mumbai (India) founded in 1983, and was acquired by Grasim in July 2004. Grey cement, ready-mix concrete, and white cement are manufactured. The company has 90,170 employees. UltraTech Cement has completed 5 acquisitions, including Binani Cement, Binani Industries and India Cements. Its chief executive, as recorded, is Suryakant Tiwari. Its website ultratechcement.com draws about 1.8 million monthly visits. Its Indian entity Ultratech Cement Limited reported revenue of ₹89,089 Cr. UltraTech Cement offers products and services including UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Cement. Its competitors include Sagar Cements, Dalmia Bharat and Ambuja Cements; 1 of its 3 listed competitors has raised funding.
Company details
UltraTech Cement was established in 1983 in Mumbai, India, within the building materials sector. Grey cement, ready-mix concrete, and white cement are produced as primary outputs. High-quality building materials are supplied to support construction needs. Assistance is extended to customers during various stages of the home-building process. Operations focus on the Indian market with distribution through established networks.
Recognitions & Rankings of UltraTech Cement
- Headquarters Mumbai, India
- Employees 90,170
- Stage Public
- SectorsReal Estate & Construction
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Email••••••••
- Phone•••• ••••
- Website ultratechcement.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Grasim (Jul 2004)
- Legal Name Ultratech Cement Limited
- Market Cap₹3,29,304 Cr
ULTRACEMCO · NSE
- Share Price₹11,045.00
-1.16% today
- Revenue₹88,512 Cr
FY 2025-26 · +16.5% YoY
- EBITDA₹16,866 Cr
Margin 19.1%
- Net Profit₹8,176 Cr
FY 2025-26 · +40.8% YoY
- P/E (TTM)36.8x
P/B 4.5x
- ROE11.1%
ROCE 13.0%
- Debt / Equity0.32
Interest cover 15.3x
- Investors
- Employee Count90,170
- Investments & AcquisitionsBinani Cement
& 4 more
- Acquired byGrasim
(Jul 2004)
Associated legal entities of UltraTech Cement
UltraTech Cement operates through Ultratech Cement Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ultratech Cement Limited Listed CIN L26940MH2000PLC128420 | Active | 24 Aug 2000 | Mumbai, Maharashtra | ₹89,089 Cr | 25,165 | 12 | View details |
Products & Services of UltraTech Cement
UltraTech Cement offers a comprehensive portfolio of products and services, including UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems.
Cement for residential and commercial construction
Pre-mixed concrete for infrastructure projects
Systems to prevent water damage in buildings
Apps and channels of UltraTech Cement
UltraTech Cement publishes 1 mobile app with over 50K+ downloads; its YouTube channel UltraTech Cement has 334 subscribers and 30 videos.
Videos from UltraTech Cement
The most watched videos on UltraTech Cement's YouTube channel, UltraTech Cement (334 subscribers). Click a video to play it here.
More on UltraTech Cement.
Investors in UltraTech Cement
UltraTech Cement has secured backing from 1 investor. Prominent investors backing the company include Grasim.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | grasim.com | Ujjain, India |
Investor details for UltraTech Cement
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ultratech Cement Limited (UltraTech Cement)
Ultratech Cement Limited is the primary company behind UltraTech Cement. The board of Ultratech Cement Limited currently have 10 directors; the longest-serving is Rajashree Birla, appointed in 2004. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajashree Birla DIN 00022995 | Director | 14 May 2004 | 22 yrs 5 mo | Ultratech Cement Limited |
| Kumar Mangalam Birla DIN 00012813 | Director | 14 May 2004 | 22 yrs 5 mo | Ultratech Cement Limited |
| Krishnakishore Maheshwari DIN 00017572 | Director | 01 Apr 2016 | 10 yrs 7 mo | Ultratech Cement Limited |
| Kailash Chandra Jhanwar DIN 01743559 | Managing Director | 01 Jan 2020 | 6 yrs 10 mo | Ultratech Cement Limited |
| Vivek Agrawal DIN 10599212 | Whole-time director | 09 Jun 2024 | 2 yrs 4 mo | Ultratech Cement Limited |
| Anjani Agrawal DIN 08579812 | Director | 17 Jul 2024 | 2 yrs 3 mo | Ultratech Cement Limited |
| Anita Ramachandran DIN 00118188 | Director | 17 Jul 2024 | 2 yrs 3 mo | Ultratech Cement Limited |
| Vikas Balia DIN 00424524 | Director | 10 Oct 2024 | 2 yrs | Ultratech Cement Limited |
| Venkatadri Chandrasekaran DIN 03126243 | Director | 13 Aug 2025 | 1 yr 2 mo | Ultratech Cement Limited |
| Vikram Bhalla DIN 01492081 | Director | 08 Jun 2026 | 4 mo | Ultratech Cement Limited |
People of UltraTech Cement
397 people are tracked at UltraTech Cement (158 in leadership, 9 in board & advisors, 230 in team); the tracked headcount is 90,170.
| Name | Role | Group |
|---|---|---|
Suryakant Tiwari | CEO | Leadership |
Keshav Nooguri | Unit Head/ Project Head ( Greenfield) | Leadership |
Shashank Shivakumar | Head - Innovation & New Product Development | Leadership |
Paritosh Bhardwaj | Head - Analytics/operations Excellence @utec / Strategy And Planning | Leadership |
Deepak Kumar Acharya | Head Of Section | Leadership |
Vikraman Palraj | Department Head - HR (projects) | Leadership |
Gourav Ramteke | Section Head Project Management | Leadership |
Punit Bijawat | Manager (section Head) | Leadership |
Manish Sharda | General Manager -finance & Commercial | Leadership |
Dinesh Diwakar | Senior Manager , Cluster Head, Operations, North & Central Zone ,building Products Division | Leadership |
Madhav Peddinti | Department Head - Employee Relations | Leadership |
Roshan Nair | Senior General Manager - HR | Leadership |
Chandra Sahu | Senior Vice President | Leadership |
Mohammad Khalid | Section Head Mechanical | Leadership |
Dhaval Nakum | Chief Medical Officer | Leadership |
Abhay Pratap Singh Tomar | Regional Head - Technical & Customer Solutions | Leadership |
Vivek Ranjan | Head Of Section | Leadership |
Swati Sharma | SBU HR Head - RMC & Key Accounts And Organization Effectiveness (general Manager) | Leadership |
Richard Alvares | Vp, Head Program & Business Transformation - Shared Service | Leadership |
Abhishek Kumar | GM IT ( Plant IT Head ) | Leadership |
377 more people are available in the full profile.
Complete people profiles for UltraTech Cement
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of UltraTech Cement
UltraTech Cement is a publicly listed company on the NSE with ticker symbol ULTRACEMCO in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Aug 2004
- Listed onBSE: 532538 · NSE: ULTRACEMCO
- Listed entityUltraTech Cement Limited
- Exchange sectorNon-energy minerals
- ISININE481G01011
- Share price₹10,803.00 (+0.49% on the day) · 2026-10-14
- Market capitalisation₹315,337 Cr
- Price to earnings37.2
- EPS (diluted, trailing year)₹290.12
- Dividend yield2.27%
- Volume (last session)137,175
Financials of UltraTech Cement
Exchange-reported figures of Ultratech Cement Limited, the listed company behind UltraTech Cement (NSE: ULTRACEMCO).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 88,512 | 75,955 | 70,908 | 63,240 | 52,599 | 44,726 | 42,430 |
| Revenue growth | +16.5% | +7.1% | +12.1% | +20.2% | +17.6% | +5.4% | - |
| EBITDA | 16,866 | 12,449 | 12,897 | 10,620 | 11,514 | 11,307 | 9,246 |
| EBITDA margin | +19.1% | +16.4% | +18.2% | +16.8% | +21.9% | +25.3% | +21.8% |
| Profit before tax | 10,927 | 7,528 | 9,422 | 7,416 | 8,524 | 8,001 | 5,183 |
| Net profit | 8,176 | 5,808 | 6,993 | 5,042 | 7,182 | 5,533 | 5,688 |
| Net profit margin | +9.2% | +7.7% | +9.9% | +8.0% | +13.7% | +12.4% | +13.4% |
| EPS (₹) | 277.10 | 204.94 | 242.65 | 175.41 | 254.42 | 189.26 | 199.40 |
| Balance sheet | |||||||
| Total assets | 1,05,639 | 99,206 | 72,601 | 66,386 | 62,657 | 66,847 | 63,618 |
| Net worth | 76,624 | 70,707 | 60,227 | 54,325 | 50,435 | 44,175 | 39,044 |
| Total debt | 23,755 | 24,102 | 11,403 | 11,058 | 11,299 | 21,719 | 23,019 |
| Cash & bank | 1,384 | 1,673 | 783 | 1,150 | 359 | 2,008 | 540 |
| Net working capital | (4,481) | (4,171) | (4,094) | (3,853) | (2,621) | (1,136) | (818) |
| Cash flow | |||||||
| Cash from operations | 15,316 | 10,673 | 10,898 | 9,069 | 9,283 | 12,500 | 8,972 |
| Cash from investing | (9,475) | (15,836) | (8,789) | (7,188) | 2,257 | (8,856) | (4,192) |
| Cash from financing | (5,954) | 5,076 | (1,926) | (1,631) | (12,498) | (4,356) | (5,076) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23,295 | 24,648 | 25,799 | 21,830 | 19,607 | 21,275 | 23,063 | 17,779 |
| Revenue growth (YoY) | +18.8% | +15.9% | +11.9% | +22.8% | +20.3% | +13.1% | - | - |
| Other income | 111 | 132 | 87.56 | 136 | 174 | 180 | 102 | 247 |
| EBITDA | 3,713 | 5,002 | 5,588 | 3,822 | 3,089 | 4,368 | 4,598 | 2,893 |
| EBITDA margin | +15.9% | +20.3% | +21.7% | +17.5% | +15.8% | +20.5% | +19.9% | +16.3% |
| Depreciation | 1,213 | 1,201 | 1,208 | 1,182 | 1,148 | 1,107 | 1,125 | 993 |
| Interest | 552 | 453 | 487 | 492 | 459 | 433 | 475 | 457 |
| Profit before tax | 2,059 | 3,480 | 3,981 | 2,283 | 1,656 | 3,008 | 3,101 | 1,691 |
| Tax | 557 | 877 | 981 | 554 | 418 | 787 | 626 | 328 |
| Net profit | 1,501 | 2,604 | 3,000 | 1,729 | 1,238 | 2,221 | 2,475 | 1,363 |
| EPS (₹) | 50.75 | 88.36 | 101.35 | 58.62 | 41.84 | 75.61 | 84.31 | 46.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 82,170 | 71,895 | 68,641 | 61,237 | 50,663 | 43,188 | 40,649 |
| Revenue growth | +14.3% | +4.7% | +12.1% | +20.9% | +17.3% | +6.3% | - |
| EBITDA | 15,335 | 12,208 | 12,548 | 10,286 | 10,936 | 10,801 | 8,652 |
| EBITDA margin | +18.7% | +17.0% | +18.3% | +16.8% | +21.6% | +25.0% | +21.3% |
| Profit before tax | 10,027 | 7,697 | 9,316 | 7,262 | 8,293 | 7,896 | 5,220 |
| Net profit | 7,411 | 5,965 | 6,893 | 4,930 | 6,905 | 5,346 | 5,402 |
| Net profit margin | +9.0% | +8.3% | +10.0% | +8.1% | +13.6% | +12.4% | +13.3% |
| EPS (₹) | 251.30 | 210.15 | 239.18 | 171.52 | 244.80 | 185.07 | 189.02 |
| Balance sheet | |||||||
| Total assets | 96,121 | 91,031 | 68,995 | 63,991 | 60,940 | 62,333 | 57,611 |
| Net worth | 74,663 | 69,678 | 59,095 | 53,408 | 49,271 | 43,353 | 38,296 |
| Total debt | 20,480 | 20,360 | 9,011 | 9,704 | 10,776 | 18,314 | 18,282 |
| Cash & bank | 302 | 800 | 770 | 1,071 | 260 | 1,877 | 311 |
| Net working capital | (6,114) | (5,061) | (5,658) | (4,530) | (344) | (683) | 341 |
| Cash flow | |||||||
| Cash from operations | 14,398 | 9,576 | 10,899 | 9,757 | 8,670 | 11,549 | 8,259 |
| Cash from investing | (9,815) | (15,373) | (7,830) | (7,122) | 789 | (8,984) | (3,951) |
| Cash from financing | (4,858) | 5,566 | (2,861) | (2,379) | (9,501) | (2,586) | (4,591) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22,108 | 23,535 | 24,582 | 20,088 | 17,864 | 19,635 | 21,135 | 16,914 |
| Revenue growth (YoY) | +23.8% | +19.9% | +16.3% | +18.8% | +14.8% | +7.4% | - | - |
| Other income | 84.57 | 121 | 67.79 | 81.62 | 72.64 | 154 | 115 | 209 |
| Total expenses | 18,804 | 18,956 | 19,647 | 16,660 | 15,094 | 15,433 | 16,525 | 14,128 |
| EBITDA | 3,304 | 4,579 | 4,935 | 3,428 | 2,770 | 4,202 | 4,610 | 2,786 |
| EBITDA margin | +14.9% | +19.5% | +20.1% | +17.1% | +15.5% | +21.4% | +21.8% | +16.5% |
| Depreciation | 1,068 | 1,051 | 1,054 | 1,024 | 1,002 | 975 | 991 | 933 |
| Interest | 494 | 396 | 431 | 433 | 396 | 370 | 400 | 417 |
| Profit before tax | 1,826 | 3,253 | 3,518 | 2,053 | 1,445 | 3,011 | 3,335 | 1,646 |
| Tax | 495 | 856 | 920 | 542 | 381 | 779 | 652 | 321 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23,295 | 24,648 | 25,799 | 21,830 | 19,607 | 21,275 | 23,063 | 17,779 |
| Revenue growth (YoY) | +18.8% | +15.9% | +11.9% | +22.8% | +20.3% | +13.1% | - | - |
| Other income | 111 | 132 | 87.56 | 136 | 174 | 180 | 102 | 247 |
| EBITDA | 3,713 | 5,002 | 5,588 | 3,822 | 3,089 | 4,368 | 4,598 | 2,893 |
| EBITDA margin | +15.9% | +20.3% | +21.7% | +17.5% | +15.8% | +20.5% | +19.9% | +16.3% |
| Depreciation | 1,213 | 1,201 | 1,208 | 1,182 | 1,148 | 1,107 | 1,125 | 993 |
| Interest | 552 | 453 | 487 | 492 | 459 | 433 | 475 | 457 |
| Profit before tax | 2,059 | 3,480 | 3,981 | 2,283 | 1,656 | 3,008 | 3,101 | 1,691 |
| Tax | 557 | 877 | 981 | 554 | 418 | 787 | 626 | 328 |
| Net profit | 1,501 | 2,604 | 3,000 | 1,729 | 1,238 | 2,221 | 2,475 | 1,363 |
| EPS (₹) | 50.75 | 88.36 | 101.35 | 58.62 | 41.84 | 75.61 | 84.31 | 46.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 88,512 | 75,955 | 70,908 | 63,240 | 52,599 | 44,726 | 42,430 |
| Revenue growth | +16.5% | +7.1% | +12.1% | +20.2% | +17.6% | +5.4% | - |
| Other income | 578 | 744 | 639 | 507 | 669 | 879 | 651 |
| Total expenses | 71,646 | 63,506 | 58,012 | 52,620 | 41,084 | 33,419 | 33,184 |
| Employee cost | 4,162 | 3,605 | 3,038 | 2,739 | 2,535 | 2,353 | 2,520 |
| EBITDA | 16,866 | 12,449 | 12,897 | 10,620 | 11,514 | 11,307 | 9,246 |
| EBITDA margin | +19.1% | +16.4% | +18.2% | +16.8% | +21.9% | +25.3% | +21.8% |
| Depreciation | 4,644 | 4,015 | 3,145 | 2,888 | 2,715 | 2,700 | 2,723 |
| Interest | 1,872 | 1,651 | 968 | 823 | 945 | 1,486 | 1,992 |
| Profit before tax | 10,927 | 7,528 | 9,422 | 7,416 | 8,524 | 8,001 | 5,183 |
| Tax | 2,739 | 1,488 | 2,418 | 2,343 | 1,190 | 2,539 | (568) |
| Net profit | 8,176 | 5,808 | 6,993 | 5,042 | 7,182 | 5,533 | 5,688 |
| Net profit margin | +9.2% | +7.7% | +9.9% | +8.0% | +13.7% | +12.4% | +13.4% |
| EPS (₹) | 277.10 | 204.94 | 242.65 | 175.41 | 254.42 | 189.26 | 199.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 295 | 295 | 289 | 289 | 289 | 289 | 289 |
| Reserves & surplus | 76,329 | 70,412 | 59,939 | 54,036 | 50,147 | 43,886 | 38,755 |
| Shareholders' funds (net worth) | 76,624 | 70,707 | 60,227 | 54,325 | 50,435 | 44,175 | 39,044 |
| Minority interest | 4,089 | 3,187 | 55.94 | 55.63 | (3.06) | 5.72 | 7.52 |
| Secured loans | 2,198 | 1,826 | 690 | 1,524 | 702 | 9,129 | 14,409 |
| Unsecured loans | 21,557 | 22,277 | 10,713 | 9,533 | 10,597 | 12,591 | 8,610 |
| Total debt | 23,755 | 24,102 | 11,403 | 11,058 | 11,299 | 21,719 | 23,019 |
| Total liabilities | 1,05,639 | 99,206 | 72,601 | 66,386 | 62,657 | 66,847 | 63,618 |
| Assets | |||||||
| Gross block | 1,27,473 | 1,18,631 | 83,280 | 76,957 | 70,002 | 67,332 | 66,550 |
| Net block | 98,794 | 94,564 | 62,878 | 59,579 | 55,488 | 55,412 | 57,151 |
| Capital work in progress | 8,742 | 6,234 | 6,811 | 4,040 | 4,785 | 1,687 | 920 |
| Investments | 6,740 | 5,156 | 8,249 | 7,297 | 6,336 | 12,178 | 5,929 |
| Inventories | 9,694 | 9,563 | 8,330 | 6,612 | 5,596 | 4,018 | 4,183 |
| Sundry debtors | 6,029 | 5,890 | 4,278 | 3,867 | 3,072 | 2,572 | 2,383 |
| Cash & bank balances | 1,384 | 1,673 | 783 | 1,150 | 359 | 2,008 | 540 |
| Loans & advances | 4,259 | 3,614 | 4,268 | 3,260 | 3,490 | 3,563 | 2,765 |
| Total current assets | 21,366 | 20,740 | 17,659 | 14,888 | 12,517 | 12,160 | 9,872 |
| Total current liabilities | 25,847 | 24,912 | 21,753 | 18,741 | 15,138 | 13,296 | 10,690 |
| Net working capital | (4,481) | (4,171) | (4,094) | (3,853) | (2,621) | (1,136) | (818) |
| Total assets | 1,05,639 | 99,206 | 72,601 | 66,386 | 62,657 | 66,847 | 63,618 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 467 | 554 | 370 | 121 | 177 | 147 | 443 |
| Net cash from operating activities | 15,316 | 10,673 | 10,898 | 9,069 | 9,283 | 12,500 | 8,972 |
| Net cash from investing activities | (9,475) | (15,836) | (8,789) | (7,188) | 2,257 | (8,856) | (4,192) |
| Net cash from financing activities | (5,954) | 5,076 | (1,926) | (1,631) | (12,498) | (4,356) | (5,076) |
| Net change in cash | (113) | (86.37) | 183 | 250 | (958) | (712) | (295) |
| Closing cash | 1,384 | 1,673 | 783 | 1,150 | 359 | 2,008 | 540 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +16.5% | +7.1% | +12.1% | +20.2% | +17.6% | +5.4% | - |
| EBITDA growth | +35.5% | -3.5% | +21.4% | -7.8% | +1.8% | +22.3% | - |
| PBT growth | +45.2% | -20.1% | +27.1% | -13.0% | +6.6% | +54.4% | +49.4% |
| Net income growth | +40.8% | -16.9% | +38.7% | -29.8% | +29.8% | -2.7% | - |
| Revenue CAGR (3Y) | +11.9% | +13.0% | +16.6% | +14.2% | +8.1% | +13.0% | +18.7% |
| EBITDA CAGR (3Y) | +16.7% | +2.6% | +4.5% | +4.7% | +16.8% | +24.9% | +21.1% |
| Profitability & leverage | |||||||
| Net income margin | +9.3% | +8.0% | +9.9% | +8.0% | +13.9% | +12.2% | +13.6% |
| Return on capital employed | +13.0% | +10.9% | +15.0% | +12.8% | +14.6% | +14.5% | +11.6% |
| Return on net worth | +11.1% | +9.2% | +12.2% | +9.7% | +15.5% | +13.1% | +15.8% |
| Debt / equity | 0.32 | 0.27 | 0.20 | 0.21 | 0.35 | 0.54 | 0.66 |
| Long-term debt / equity | 0.22 | 0.17 | 0.11 | 0.12 | 0.22 | 0.38 | 0.52 |
| Interest cover | 15.32 | 19.57 | 9.93 | 10.64 | 10.74 | 17.26 | 30.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.72 | 0.75 | 0.89 | 0.86 | 0.77 | 0.67 | 0.65 |
| Inventory turnover | 9.19 | 8.49 | 9.49 | 10.36 | 10.94 | 10.91 | 10.25 |
| Debtors turnover | 14.85 | 14.94 | 17.41 | 18.23 | 18.64 | 18.05 | 16.41 |
| EPS (₹) | 277.10 | 204.94 | 242.65 | 175.41 | 254.42 | 189.26 | 199.40 |
| Dividend per share (₹) | 240.00 | 77.50 | 70.00 | 38.00 | 38.00 | 37.00 | 13.00 |
| Book value per share (₹) | 2,600.23 | 2,399.42 | 2,086.23 | 1,881.76 | 1,747.16 | 1,530.39 | 1,352.73 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22,108 | 23,535 | 24,582 | 20,088 | 17,864 | 19,635 | 21,135 | 16,914 |
| Revenue growth (YoY) | +23.8% | +19.9% | +16.3% | +18.8% | +14.8% | +7.4% | - | - |
| Other income | 84.57 | 121 | 67.79 | 81.62 | 72.64 | 154 | 115 | 209 |
| Total expenses | 18,804 | 18,956 | 19,647 | 16,660 | 15,094 | 15,433 | 16,525 | 14,128 |
| EBITDA | 3,304 | 4,579 | 4,935 | 3,428 | 2,770 | 4,202 | 4,610 | 2,786 |
| EBITDA margin | +14.9% | +19.5% | +20.1% | +17.1% | +15.5% | +21.4% | +21.8% | +16.5% |
| Depreciation | 1,068 | 1,051 | 1,054 | 1,024 | 1,002 | 975 | 991 | 933 |
| Interest | 494 | 396 | 431 | 433 | 396 | 370 | 400 | 417 |
| Profit before tax | 1,826 | 3,253 | 3,518 | 2,053 | 1,445 | 3,011 | 3,335 | 1,646 |
| Tax | 495 | 856 | 920 | 542 | 381 | 779 | 652 | 321 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 82,170 | 71,895 | 68,641 | 61,237 | 50,663 | 43,188 | 40,649 |
| Revenue growth | +14.3% | +4.7% | +12.1% | +20.9% | +17.3% | +6.3% | - |
| Other income | 376 | 693 | 662 | 505 | 612 | 789 | 727 |
| Total expenses | 66,834 | 59,687 | 56,093 | 50,952 | 39,727 | 32,388 | 31,997 |
| Employee cost | 3,659 | 3,299 | 2,910 | 2,621 | 2,359 | 2,182 | 2,336 |
| EBITDA | 15,335 | 12,208 | 12,548 | 10,286 | 10,936 | 10,801 | 8,652 |
| EBITDA margin | +18.7% | +17.0% | +18.3% | +16.8% | +21.6% | +25.0% | +21.3% |
| Depreciation | 4,055 | 3,739 | 3,027 | 2,773 | 2,457 | 2,434 | 2,455 |
| Interest | 1,630 | 1,465 | 867 | 756 | 798 | 1,259 | 1,704 |
| Profit before tax | 10,027 | 7,697 | 9,316 | 7,262 | 8,293 | 7,896 | 5,220 |
| Tax | 2,622 | 1,504 | 2,411 | 2,310 | 1,227 | 2,554 | (236) |
| Net profit | 7,411 | 5,965 | 6,893 | 4,930 | 6,905 | 5,346 | 5,402 |
| Net profit margin | +9.0% | +8.3% | +10.0% | +8.1% | +13.6% | +12.4% | +13.3% |
| EPS (₹) | 251.30 | 210.15 | 239.18 | 171.52 | 244.80 | 185.07 | 189.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 295 | 295 | 289 | 289 | 289 | 289 | 289 |
| Reserves & surplus | 74,369 | 69,383 | 58,807 | 53,119 | 48,982 | 43,064 | 38,008 |
| Shareholders' funds (net worth) | 74,663 | 69,678 | 59,095 | 53,408 | 49,271 | 43,353 | 38,296 |
| Secured loans | 5,814 | 5,427 | 690 | 703 | 694 | 6,472 | 11,591 |
| Unsecured loans | 14,665 | 14,933 | 8,321 | 9,001 | 10,082 | 11,842 | 6,690 |
| Total debt | 20,480 | 20,360 | 9,011 | 9,704 | 10,776 | 18,314 | 18,282 |
| Total liabilities | 96,121 | 91,031 | 68,995 | 63,991 | 60,940 | 62,333 | 57,611 |
| Assets | |||||||
| Gross block | 1,06,324 | 98,258 | 79,348 | 73,090 | 58,820 | 56,505 | 55,516 |
| Net block | 79,564 | 75,419 | 59,930 | 56,562 | 45,577 | 45,466 | 46,775 |
| Capital work in progress | 8,338 | 6,002 | 6,765 | 3,998 | 4,627 | 1,528 | 870 |
| Investments | 17,559 | 16,503 | 9,237 | 9,433 | 11,725 | 17,570 | 10,083 |
| Inventories | 8,387 | 8,567 | 8,036 | 6,266 | 5,163 | 3,722 | 3,834 |
| Sundry debtors | 4,862 | 4,378 | 3,497 | 3,242 | 2,707 | 2,286 | 1,848 |
| Cash & bank balances | 302 | 800 | 770 | 1,071 | 260 | 1,877 | 311 |
| Loans & advances | 3,550 | 3,306 | 3,250 | 3,057 | 6,019 | 4,296 | 4,478 |
| Total current assets | 17,101 | 17,051 | 15,553 | 13,636 | 14,148 | 12,180 | 10,470 |
| Total current liabilities | 23,215 | 22,112 | 21,211 | 18,166 | 14,492 | 12,864 | 10,129 |
| Net working capital | (6,114) | (5,061) | (5,658) | (4,530) | (344) | (683) | 341 |
| Total assets | 96,121 | 91,031 | 68,995 | 63,991 | 60,940 | 62,333 | 57,611 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 312 | 542 | 334 | 77.46 | 119 | 140 | 423 |
| Net cash from operating activities | 14,398 | 9,576 | 10,899 | 9,757 | 8,670 | 11,549 | 8,259 |
| Net cash from investing activities | (9,815) | (15,373) | (7,830) | (7,122) | 789 | (8,984) | (3,951) |
| Net cash from financing activities | (4,858) | 5,566 | (2,861) | (2,379) | (9,501) | (2,586) | (4,591) |
| Net change in cash | (275) | (230) | 208 | 257 | (42.00) | (21.48) | (283) |
| Closing cash | 302 | 800 | 770 | 1,071 | 260 | 1,877 | 311 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.3% | +4.7% | +12.1% | +20.9% | +17.3% | +6.3% | - |
| EBITDA growth | +25.6% | -2.7% | +22.0% | -6.0% | +1.3% | +24.8% | - |
| PBT growth | +30.3% | -17.4% | +28.3% | -12.4% | +5.0% | +51.3% | +49.5% |
| Net income growth | +24.2% | -13.5% | +39.8% | -28.6% | +29.2% | -1.0% | - |
| Revenue CAGR (3Y) | +10.3% | +12.4% | +16.7% | +14.6% | +8.2% | +13.7% | +19.4% |
| EBITDA CAGR (3Y) | +14.2% | +3.7% | +5.1% | +5.9% | +16.2% | +24.1% | +20.4% |
| Profitability & leverage | |||||||
| Net income margin | +9.0% | +8.6% | +10.1% | +8.1% | +14.0% | +12.4% | +13.4% |
| Return on capital employed | +12.5% | +11.5% | +15.3% | +12.8% | +14.8% | +15.3% | +12.4% |
| Return on net worth | +10.3% | +9.6% | +12.3% | +9.6% | +15.3% | +13.1% | +15.2% |
| Debt / equity | 0.28 | 0.23 | 0.17 | 0.20 | 0.31 | 0.45 | 0.54 |
| Long-term debt / equity | 0.20 | 0.15 | 0.09 | 0.11 | 0.19 | 0.32 | 0.42 |
| Interest cover | 14.45 | 17.30 | 9.10 | 10.06 | 9.42 | 15.05 | 27.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.80 | 0.81 | 0.90 | 0.93 | 0.88 | 0.77 | 0.75 |
| Inventory turnover | 9.69 | 8.66 | 9.60 | 10.72 | 11.40 | 11.43 | 10.67 |
| Debtors turnover | 17.79 | 18.26 | 20.37 | 20.59 | 20.29 | 20.89 | 19.35 |
| EPS (₹) | 251.30 | 210.15 | 239.18 | 171.52 | 244.80 | 185.07 | 189.02 |
| Dividend per share (₹) | 240.00 | 77.50 | 70.00 | 38.00 | 38.00 | 37.00 | 13.00 |
| Book value per share (₹) | 2,533.71 | 2,364.50 | 2,047.01 | 1,850.01 | 1,706.82 | 1,501.91 | 1,326.83 |
Investments & Acquisitions by UltraTech Cement
UltraTech Cement has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Binani Cement, Binani Industries and India Cements.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cement and ready-mix concrete are manufactured for construction needs. | indiacements.co.in | Chennai, India | 1946 | Dec 2024 | •••• | |
Limestone mining services are provided in India. | Jaipur, India | 1981 | Jan 2022 | $3.1M | ||
Cement, clinker, and zinc composites are manufactured by Binani Cement. | binaniindustries.com | Mumbai, India | 1996 | Nov 2018 | $1.1B | |
Blogs focused on multiple topics | binanicement.in | Mumbai, India | 1996 | Apr 2018 | $1.22B | |
Cement is manufactured for commercial and residential construction sectors. | starcement.ae | United Arab Emirates | 2001 | Apr 2010 | •••• |
Complete acquisition details for UltraTech Cement
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Timeline of UltraTech Cement
8 dated milestones of UltraTech Cement across 41 years, from founding to its latest funding, stage changes and deals.
- Founded UltraTech Cement is founded.
- Exit Acquired by Grasim.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Star Cement.
- Acquisition Acquires Binani Cement.
- Acquisition Acquires Binani Industries.
- Acquisition Acquires National Limestone Co.
- Acquisition Acquires India Cements.
Competitors of UltraTech Cement
UltraTech Cement has 3 listed competitors in our database, 1 of them funded. They include Sagar Cements, Dalmia Bharat and Ambuja Cements.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sagarcements.in | 1985 | Hyderabad, India | 815 | Cement production is managed by Sagar Cements in India. | ||
| dalmiabharat.com | 1939 | Delhi, India | 39 | Cement and sugar are produced by Dalmia Bharat. | ||
| ambujacement.com | 1983 | Mumbai, India | $1.45M | 3,148 | Cement and building materials are manufactured by Ambuja Cements. |
Detailed competitors of UltraTech Cement
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Web traffic of UltraTech Cement
The website of UltraTech Cement (ultratechcement.com) receives about 1.8M visits a month and ranks #33,467 among all websites worldwide, #152 in Construction and Maintenance.
- Monthly visits1.8M
▼ 14.4% vs previous month
- Unique visitors1.3M
per month
- Global rank#33,467
among all websites
- Category rank#152
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate24%
- Pages per visit1.8
- Average visit40 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with UltraTech Cement. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jkcement.com | 100% | 613.3K | #63,589 | View details | |
| acclimited.com | 74% | 4K | View details | ||
| birlacorporation.com | 70% | 13.1K | #1,765,782 | View details | |
| civil-engineering-calculators.com | 68% | #654,950 | View details | ||
ambujahelp.in | ambujahelp.in | 66% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for UltraTech Cement
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Top companies in Building Materials
3 companies that operate in the same segment as UltraTech Cement (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Ultratech Cement
Complete news archive for UltraTech Cement
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Articles about UltraTech Cement on our blog
Frequently Asked Questions about UltraTech Cement
UltraTech Cement was founded in 1983.
UltraTech Cement is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Suryakant Tiwari is the CEO of UltraTech Cement, as recorded in our data.
UltraTech Cement has 90,170 employees.
The primary company behind UltraTech Cement, Ultratech Cement Limited, reported revenue of ₹89,089 Cr for FY 2026, up 17% year on year.
UltraTech Cement was established in 1983 in Mumbai, India, within the building materials sector. Grey cement, ready-mix concrete, and white cement are produced as primary outputs. High-quality building materials are supplied to support construction needs. Assistance is extended to customers during various stages of the home-building process. Operations focus on the Indian market with distribution through established networks.
UltraTech Cement's top competitors include Sagar Cements, Dalmia Bharat and Ambuja Cements.
UltraTech Cement offers UltraTech Cement, Ready Mix Concrete, and Waterproofing Systems.
Yes, UltraTech Cement is publicly traded on NSE under the ticker symbol ULTRACEMCO.
UltraTech Cement has made 5 acquisitions, including Binani Cement, Binani Industries, and India Cements.
UltraTech Cement has 1 investor. Key investors include Grasim.
UltraTech Cement operates through Ultratech Cement Limited.

