About Ultratech Cement Limited
Data last updated: 25 September 2026
Ultratech Cement Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Grasim Industries Ltd. It specialises in cement and cement products, a part of the broader manufacturing sector. Incorporated on 24 August 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN L26940MH2000PLC128420. Listed on BSE: 532538 and NSE: ULTRACEMCO.
Capital: an authorised share capital of ₹7,900.15 Cr and a paid-up capital of ₹1,358.19 Cr. Formerly known as L&T Cement Limited. It is led by directors including Krishnakishore Maheshwari and Kailash Chandra Jhanwar.
Last AGM: 19 August 2025. Financial statements filed for year ended 31 March 2025. Office: B – Wing Ahura Centre 2Nd Floormahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹88,512 Cr, a growth of 16.53% compared to the previous year. The net worth stands at ₹76,624 Cr (up 8.37% YoY). Total assets are valued at ₹105,639 Cr (up 6.48% YoY).
The company has a workforce of approximately 25,165 employees as per the latest available data. It operates as a subsidiary of Grasim Industries Ltd. Its group structure includes 4 subsidiaries and 1 joint venture.
The company is associated with 2 brands - Birla White, Ultratech Cement. As per MCA filings, the company has open charges of ₹785.74 Cr and satisfied charges of ₹28,928 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultratechcement.com.
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Registered AddressB – Wing Ahura Centre 2Nd Floormahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093
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IndustryManufacturing, Cement & Cement Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ultratech Cement Limited
Ultratech Cement Limited operates two associated brands: Birla White and UltraTech Cement. These brands represent Ultratech Cement Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality cement products for construction needs. | birlawhite.com | |
| Grey cement, ready-mix concrete, and white cement are manufactured. | ultratechcement.com |
Competitors & Alternatives of Ultratech Cement Limited
Brands and companies operating in the same space as Ultratech Cement Limited include Sagar Cements, JSW Cement, Wonder Cement and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Cement production is managed by Sagar Cements in India. | Hyderabad, India, India | 1985 |
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Cement, aggregates, additives, and ready-mix concrete are manufactured. | Mumbai, India, India | 2009 |
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Manufacturer of cement materials | Udaipur, India, India | 2007 |
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Cement and sugar are produced by Dalmia Bharat. | Delhi, India, India | 1939 |
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Cement is manufactured by Ash Grove in the United States. | Overland Park, United States, United States | 1882 |
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Cement is manufactured and supplied by Shree Cement in India. | Kolkata, India, India | 1979 |
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Cement and building materials are manufactured by Ambuja Cements. | Mumbai, India, India | 1983 |
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Various cement variants including PPC and OPC are manufactured. | Delhi, India, India | 1982 |
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Cement is manufactured by Orient Cement in India. | Hyderabad, India, India | 1979 |
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Star Cement is recognized as a leading cement manufacturer in Eastern India. | Kolkata, India, India | 2001 |
Business Activity of Ultratech Cement Limited
Ultratech Cement Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Ultratech Cement Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ultratech Cement Limited
Ultratech Cement Limited is audited by B S R & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Ultratech Cement Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ultratech Cement Limited
Ultratech Cement Limited is currently managed by 10 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakishore Maheshwari | Director | 01 Apr 2016 | 10 Years 5 Months | Current |
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Kailash Chandra Jhanwar
Also directs:
Aditya Birla Management Corporation Private Limited, The India Cements Limited, Bhagwati Lime Stone Private Limited and 1 more
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Managing Director | 01 Jan 2020 | 6 Years 8 Months | Current |
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Rajashree Birla
Also directs:
Aditya Birla Real Estate Limited, Grasim Industries Ltd, Hindalco Industries Limited and 5 more
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Director | 14 May 2004 | 22 Years 4 Months | Current |
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Kumar Mangalam Birla
Also directs:
Aditya Birla Real Estate Limited, Grasim Industries Ltd, Aditya Birla Fashion And Retail Limited and 5 more
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Director | 14 May 2004 | 22 Years 4 Months | Current |
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Venkatadri Chandrasekaran
Also directs:
Grasim Industries Ltd, Care Ratings Limited, Tata Investment Corporation Limited and 4 more
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Director | 13 Aug 2025 | 1 Years 1 Months | Current |
| Anjani Agrawal | Director | 17 Jul 2024 | 2 Years 2 Months | Current |
Financials of Ultratech Cement Limited FY 2025-26 filings available
Ultratech Cement Limited reported revenue of ₹88,512 Cr (up 16.53% YoY) for FY 2025-26.
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 | +12.8% | +9.5% | +10.3% | +28.1% | +22.9% | +0.7% | -3.5% |
| 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24,648 | 25,799 | 21,830 | 19,607 | 21,275 | 23,063 | 17,779 | 16,294 |
| Revenue growth (YoY) | +15.9% | +11.9% | +22.8% | +20.3% | +13.1% | +13.0% | +6.2% | +1.8% |
| Other income | 132 | 87.56 | 136 | 174 | 180 | 102 | 247 | 226 |
| EBITDA | 5,002 | 5,588 | 3,822 | 3,089 | 4,368 | 4,598 | 2,893 | 2,026 |
| EBITDA margin | +20.3% | +21.7% | +17.5% | +15.8% | +20.5% | +19.9% | +16.3% | +12.4% |
| Depreciation | 1,201 | 1,208 | 1,182 | 1,148 | 1,107 | 1,125 | 993 | 980 |
| Interest | 453 | 487 | 492 | 459 | 433 | 475 | 457 | 393 |
| Profit before tax | 3,480 | 3,981 | 2,283 | 1,656 | 3,008 | 3,101 | 1,691 | 879 |
| Tax | 877 | 981 | 554 | 418 | 787 | 626 | 328 | 171 |
| Net profit | 2,604 | 3,000 | 1,729 | 1,238 | 2,221 | 2,475 | 1,363 | 708 |
| EPS (₹) | 88.36 | 101.35 | 58.62 | 41.84 | 75.61 | 84.31 | 46.17 | 23.87 |
| 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 | +12.0% | +6.4% | +10.1% | +28.3% | +22.7% | +1.2% | -3.1% |
| 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23,535 | 24,582 | 20,088 | 17,864 | 19,635 | 21,135 | 16,914 | 15,565 |
| Revenue growth (YoY) | +19.9% | +16.3% | +18.8% | +14.8% | +7.4% | +6.7% | +4.8% | +0.6% |
| Other income | 121 | 67.79 | 81.62 | 72.64 | 154 | 115 | 209 | 187 |
| Total expenses | 18,956 | 19,647 | 16,660 | 15,094 | 15,433 | 16,525 | 14,128 | 13,623 |
| EBITDA | 4,579 | 4,935 | 3,428 | 2,770 | 4,202 | 4,610 | 2,786 | 1,942 |
| EBITDA margin | +19.5% | +20.1% | +17.1% | +15.5% | +21.4% | +21.8% | +16.5% | +12.5% |
| Depreciation | 1,051 | 1,054 | 1,024 | 1,002 | 975 | 991 | 933 | 926 |
| Interest | 396 | 431 | 433 | 396 | 370 | 400 | 417 | 358 |
| Profit before tax | 3,253 | 3,518 | 2,053 | 1,445 | 3,011 | 3,335 | 1,646 | 845 |
| Tax | 856 | 920 | 542 | 381 | 779 | 652 | 321 | 165 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24,648 | 25,799 | 21,830 | 19,607 | 21,275 | 23,063 | 17,779 | 16,294 |
| Revenue growth (YoY) | +15.9% | +11.9% | +22.8% | +20.3% | +13.1% | +13.0% | +6.2% | +1.8% |
| Other income | 132 | 87.56 | 136 | 174 | 180 | 102 | 247 | 226 |
| EBITDA | 5,002 | 5,588 | 3,822 | 3,089 | 4,368 | 4,598 | 2,893 | 2,026 |
| EBITDA margin | +20.3% | +21.7% | +17.5% | +15.8% | +20.5% | +19.9% | +16.3% | +12.4% |
| Depreciation | 1,201 | 1,208 | 1,182 | 1,148 | 1,107 | 1,125 | 993 | 980 |
| Interest | 453 | 487 | 492 | 459 | 433 | 475 | 457 | 393 |
| Profit before tax | 3,480 | 3,981 | 2,283 | 1,656 | 3,008 | 3,101 | 1,691 | 879 |
| Tax | 877 | 981 | 554 | 418 | 787 | 626 | 328 | 171 |
| Net profit | 2,604 | 3,000 | 1,729 | 1,238 | 2,221 | 2,475 | 1,363 | 708 |
| EPS (₹) | 88.36 | 101.35 | 58.62 | 41.84 | 75.61 | 84.31 | 46.17 | 23.87 |
| 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 | +12.8% | +9.5% | +10.3% | +28.1% | +22.9% | +0.7% | -3.5% |
| 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% | +2.0% |
| EBITDA growth | +35.5% | -3.5% | +21.4% | -7.8% | +1.8% | +22.3% | +27.8% |
| 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% | +137.2% |
| 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23,535 | 24,582 | 20,088 | 17,864 | 19,635 | 21,135 | 16,914 | 15,565 |
| Revenue growth (YoY) | +19.9% | +16.3% | +18.8% | +14.8% | +7.4% | +6.7% | +4.8% | +0.6% |
| Other income | 121 | 67.79 | 81.62 | 72.64 | 154 | 115 | 209 | 187 |
| Total expenses | 18,956 | 19,647 | 16,660 | 15,094 | 15,433 | 16,525 | 14,128 | 13,623 |
| EBITDA | 4,579 | 4,935 | 3,428 | 2,770 | 4,202 | 4,610 | 2,786 | 1,942 |
| EBITDA margin | +19.5% | +20.1% | +17.1% | +15.5% | +21.4% | +21.8% | +16.5% | +12.5% |
| Depreciation | 1,051 | 1,054 | 1,024 | 1,002 | 975 | 991 | 933 | 926 |
| Interest | 396 | 431 | 433 | 396 | 370 | 400 | 417 | 358 |
| Profit before tax | 3,253 | 3,518 | 2,053 | 1,445 | 3,011 | 3,335 | 1,646 | 845 |
| Tax | 856 | 920 | 542 | 381 | 779 | 652 | 321 | 165 |
| 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 | +12.0% | +6.4% | +10.1% | +28.3% | +22.7% | +1.2% | -3.1% |
| 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% | +1.6% |
| EBITDA growth | +25.6% | -2.7% | +22.0% | -6.0% | +1.3% | +24.8% | +24.2% |
| 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% | +123.8% |
| 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 |
Shareholding Pattern of Ultratech Cement Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 59.30%, foreign institutional investors hold 12.40%, domestic institutional investors hold 20.20%, retail and other public shareholders hold 8.10% of Ultratech Cement Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 59.30% | 59.30% | 59.30% | 59.20% |
| Public | 40.70% | 40.70% | 40.70% | 40.80% |
Group Structure of Ultratech Cement Limited
Ultratech Cement Limited has 4 subsidiary companies, 1 joint venture, and 6 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Ultratech Cement Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bhagwati Lime Stone Private Limited | U14101RJ1993PTC007788 | - |
| Gotan Lime Stone Khanij Udyog Private Limited | U14200RJ2012PTC038369 | - |
| Harish Cement Limited | U26941HP1996PLC019173 | - |
| Ultratech Nathdwara Cement Limited | U26941WB1996PLC076612 | - |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Ultratech Cement Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2018 | Others | ₹285.74 Cr | Open |
| 23 Sep 2016 | Others | ₹500 Cr | Open |
| 04 Mar 2025 | Others | ₹150 Cr | Satisfied |
| 03 Feb 2020 | Hdfc Bank Limited | ₹150 Cr | Satisfied |
| 03 Feb 2020 | Hdfc Bank Limited | ₹118.8 Cr | Satisfied |
Total charge records: 119 View all charges
Employees and EPFO Compliance at Ultratech Cement Limited
Ultratech Cement Limited has a workforce of 25,165 employees as of Apr 02, 2024.
Employee and EPFO history for Ultratech Cement Limited
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GST Compliance of Ultratech Cement Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ultratech Cement Limited
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MSME Payment Delays by Ultratech Cement Limited
MSME payment history for Ultratech Cement Limited
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Subsidiaries & Group Companies of Ultratech Cement Limited
Corporate group structure for Ultratech Cement Limited
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MCA Filings & Documents of Ultratech Cement Limited
MCA filings and documents for Ultratech Cement Limited
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Recent Activity on Ultratech Cement Limited
Recent News on Ultratech Cement Limited
Frequently Asked Questions about Ultratech Cement Limited
Ultratech Cement Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 24 August 2000 (26+ years old) and is registered under CIN L26940MH2000PLC128420. Listed on BSE: 532538 and NSE: ULTRACEMCO. The company has 25,165 employees.
Ultratech Cement Limited reported revenue of ₹88,512 Cr for FY 2025-26 (up 16.53% YoY) based on consolidated financials.
The current directors of Ultratech Cement Limited are:
- Krishnakishore Maheshwari - Director
- Kailash Chandra Jhanwar - Managing Director
- Rajashree Birla - Director
- Kumar Mangalam Birla - Director
- Venkatadri Chandrasekaran - Director
- Anjani Agrawal - Director
- Vivek Agrawal - Whole-Time Director
- Vikas Balia - Director
- Anita Ramachandran - Director
- Vikram Bhalla - Additional Director
The primary industry of Ultratech Cement Limited is manufacturing. The company specifically operates in cement and cement products. The company is currently active in this sector.
Yes. Ultratech Cement Limited is listed on both BSE (code: 532538) and NSE (symbol: ULTRACEMCO).
Ultratech Cement Limited can be reached at the registered office: B – Wing Ahura Centre 2Nd Floormahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093, or through the website ultratechcement.com.