UltraTech Cement Ltd. is the cement flagship company of the Aditya Birla Group. It is India’s largest manufacturer of ready mix concrete (RMC) and grey cement and one of the largest manufacturers of white cement. It was incorporated in 1983 with its headquarters in Mumbai. The total revenue for the FY 2021-2022 was Rs 53,106.64 crore. The company’s annual revenue growth was 16.82%, which outperformed its three-year CAGR of 7.99%. UltraTech Cement Ltd.’s market capitalisation was worth Rs 192,770 crore on 8 August 2022.
UltraTech Cement Ltd.’s share is listed on the Bombay Stock Exchange with the code 532538, and on the National Stock Exchange with the code ULTRACEMCO.
The company is the world’s third-largest producer of cement, excluding China. It is the only cement manufacturing company in the world, outside of China, to have a manufacturing capacity of over 100 million tonnes per annum in one country. UltraTech is sold in the market under the brand name Birla White. The company has captured a market reach of over 80% across India.
As per the company’s shareholding pattern on 30 June 2022, the promoters hold a 59.96% stake, foreign institutional investors hold a 13.12% stake, domestic institutional investors hold an 18.21% stake, and the public holds an 8.62% stake. Grasim Industries Ltd. is the leading promoter with a 57.27% share. In the June 2022 quarter, mutual funds have increased holdings from 11.36% to 12.80%.
The company’s chairman is Mr Kumar Mangalam Birla. The other directors include Mr S B Mathur, Mr Arun Adhikari, Mrs Rajashree Birla, Mr Sunil Duggal, Mrs Sukanya Kripalu, Mr Atul Daga, Mr K K Maheshwari, Mr K C Jhanwar, and Mrs Alka Bharucha. The auditors are BSR & Co. LLP, KKC & Associates LLP, and Khimji Kunverji & Co. LLP.
On 8 August 2022, UltraTech Cement Ltd.’s share price closed at Rs 6,669.85 on BSE and at Rs 6,677.85 on NSE. The 52-week low for UltraTech Cement Ltd.’s share price was Rs 5,157.05, and the 52-week high for the company’s share price was Rs 8269.
The company’s peers include Shree Cements Ltd., Ambuja Cements Ltd., Dalmia Bharat Ltd., and ACC Ltd.
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UltraTech Cement share price as on 23 Apr 2024 is Rs. 9533.55. Over the past 6 months, the UltraTech Cement share price has increased by 12.68% and in the last one year, it has increased by 28.13%. The 52-week low for UltraTech Cement share price was Rs. 7300 and 52-week high was Rs. 10526.
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