Ultratech Cement Share Price
ULTRACEMCO
Ultratech Cement Share Price Chart
About Ultratech Cement
Ultratech Cement Financials
Market cap ₹3,22,851 Crs | Open ₹10,915.00 | Close ₹10,997.80 |
Circuit range ₹12,322.35 - ₹10,081.95 | Day range ₹10,915.00 - ₹11,233.00 | Year range ₹9,086.15 - ₹12,138.00 |
Volume 3,67,574 | Avg. traded ₹11,147.37 | Revenue (12m) ₹70,863 Crs |
Part of Aditya Birla Group, UltraTech Cement Limited is India's largest manufacturer of grey cement ready mix concrete (RMC) and white cement. The company has over 230 ready-mix concrete (RMC) plants in more than 100 cities. It markets white cement under the brand name Birla White.
UltraTech has a strong international presence with manufacturing facilities in Sri Lanka, UAE and Bahrain, apart from India. The cement company’s manufacturing facilities include 24 integrated units, three putty and 29 grinding units and 8 bulk packaging terminals.
The company is India’s largest cement exporter, catering to demands in countries in the Indian Ocean and the Middle East.
Initially, it was a subsidiary of Larsen & Toubro Limited as L&T Cement Limited. It was renamed to UltraTech Chem Co. Limited in 2003. The next year, the cement business of Larsen & Toubro Ltd was demerged and transferred to the company with effect from April 1, 2003. In July 2004, Grasim Industries Ltd acquired management control of the company and in October it was renamed UltraTech Cement Ltd.
The company pioneered the UltraTech Building Solutions concept to provide individuals with a one-stop-shop solution for building their homes. UltraTech Building Solutions is the first of its type pan-India multi-category retail chain catering to the needs of individual home builders.
UltraTech Cement business operations
UltraTech Cement’s network covers over 30,000 dealers, 89,000 retailers and 3,450 UltraTech Building Solutions outlets
A founding member of the Global Cement and Concrete Association (GCCA), UltraTech Cement is a signatory to the GCCA Climate Ambition 2050. The firm has committed to the net zero concrete roadmap announced by GCCA. Adopting new-age tools like the science-based targets initiative and internal carbon price, UtraTech Cements has set environmental safeguard targets.
In 2020, the company commissioned 33MW of Waste Heat Recovery System capacity.
In FY 2023, the cement giant commissioned a total of 12.4 MTPA of new grey cement capacity at Dalla in Uttar Pradesh, Dhule in Maharashtra, Dhar in Madhya Pradesh, Pali in Rajasthan, Jharsuguda in Odisha, Hirmi in Chhattisgarh and Cuttack in Odisha.
The company also commissioned a 2.2 MTPA brownfield cement capacity at Patliputra Bihar in April 2023. A third Birla White wall care putty plant was commissioned during the year at Nathdwara, Rajasthan.
It launched two new products – UltraTech Durafacad and UltraTech Corroprotect – in FY 2023.
UltraTech Ltd market capitalisation stands at over ₹2.88 lakh crore as of December 19, 2023. UtraTech Cement share price has surged over 94% in the last three years.
Financial Highlights
• The company’s net revenue in FY 2022-23 stood at ₹63,240 crore compared to ₹52,599 crore in FY 2021-22. • The cement producer’s EBITDA (earnings before interest, taxes, depreciation, and amortisation) dropped to ₹11,123 crore in FY23 compared to ₹12,022 crore in FY22. • Profit after tax (PAT) declined to ₹5,064 crore in FY23 as against ₹5,667 crore in FY22. • Earnings per share dropped to ₹175.63 in FY 2022-23 as against ₹ 196.46 in FY22. • UltraTech Cement made a total capital expenditure of ₹70,535 crore in FY23.
Ultratech Cement Key indicators
52 week high ₹12,138.00 | 52 week low ₹9,086.15 | P/E ratio 49.32 |
P/B ratio 5.23 | ROE 12.3% | ROCE 15.75% |
Dividend yield 0.63% | Debt/Equity ratio 0.14 | EPS 239.18 |
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Analyst ratings:
Analyst ratings:
72%
Hold
22%
Sell
6%
This analysis is based on the reviews of 36 experts in the last 7 days
Brands by Ultratech Cement
Ultratech Cement Fundamentals
Ultratech Cement Financial Ratios
Operating profit margin16.9% | Net profit margin8.79% |
ROE12.3% | ROA7.46% |
ROCE15.75% |
Quick ratio0.52 | Current ratio0.84 |
Interest coverage11.75 | Asset turnover0.85 |
Debt to Equity0.14 |
P/E ratio49.32 | P/B ratio5.23 |
EV / EBITDA21.73 | |
Dividend yield0.63% |
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Revenue statement
All values are in ₹ Crores (Cr)Learn more
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Balance sheet
All values are in ₹ Crores (Cr)Total assets
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Ultratech Cement Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 29 2024 | ₹10,915.00 | ₹11,202.15 | |
Thu, Nov 28 2024 | ₹11,174.00 | ₹10,997.80 | -1.28% |
Wed, Nov 27 2024 | ₹11,020.60 | ₹11,139.90 | |
Tue, Nov 26 2024 | ₹11,457.45 | ₹11,121.05 | -2.94% |
Mon, Nov 25 2024 | ₹11,450.00 | ₹11,457.45 | |
Fri, Nov 22 2024 | ₹10,999.00 | ₹11,375.30 | |
Thu, Nov 21 2024 | ₹10,555.00 | ₹10,954.85 | |
Tue, Nov 19 2024 | ₹10,684.05 | ₹10,769.55 |
Events
Corporate actions
Dividend • ₹70/share
Ex date 30 Jul 2024
Dividend • ₹38/share
Ex date 27 Jul 2023
Dividend • ₹38/share
Ex date 02 Aug 2022
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