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UltraTech Cement Ltd share Price Today

Company details

9,685.25
9,900.00
7,585.10
10,526.00
6M Return 12.81%
1Y Return 27.44%
Mkt Cap.(Cr) 285,526.49
Volume 283,850
Div Yield 0.71%
OI
-
OI Chg %
-
Volume 283,850

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About the stock:

    UltraTech is the largest cement manufacturer in India with a domestic capacity of 121.35 MT (over 23% of total market) with a leadership position in most regions (excluding East). It has grown through organic and inorganic routes and added around ~30 MT of capacity in the last three years.

    • It has shown its capability to successfully integrate the acquired assets and ramped-up its utilisations in a profitable manner
    • The company is now focusing on fast growing market of eastern India, which accounts for over one-third of 42.5 MT planned expansion over FY21-25E
Q3FY23 Results:

    UltraTech Cement reported a mixed performance. While volume growth remained healthy, flat realisation led to muted recovery in the margins.

    •  Net revenues grew 20.3% YoY to ₹ 15,008 crore (vs I-direct estimate.
      ₹ 15,146 crore). It was up 11.3% QoQ
    • Cost of production declined 1.9% QoQ to ₹ 5,214/t, mainly led by lower other expenses. As a result, EBITDA/t improved 12.1% QoQ to ₹ 869/t (vs. I-direct estimate: ₹ 966/t). On a YoY basis, it declined 44.6%
    • Net profit improved sequentially by 38.4% to ₹ 994 crore though it was lower than I-direct estimated net profit of ₹ 1174 crore

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Research view on more stocks

UltraTech Cement Company announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Consolidated Net Sales: Recorded at Rs 20,069 crore, a growth of 9% YoY compared to Rs 18,436 crore in the corresponding period of the previous year.
  • Profit before Interest, Depreciation, and Tax: Rs 4,250 crore, up 23% compared to Rs 3,444 crore in the corresponding period of the previous year.
  • Profit After Tax: Rs 2,258 crore, a rise of 36% compared to Rs 1,666 crore in the corresponding period of the previous year.

FY24 Financial Highlights:

  • Consolidated Net Sales: Increased by 12% to Rs 69,810 crore from Rs 62,338 crore last year.
  • Profit before Interest, Depreciation, and Tax: Rs 13,586 crore, a growth of 22% compared to Rs 11,123 crore in the previous fiscal.
  • Profit After Tax: Rs 7,005 crore, a jump of 38% compared to Rs 5,064 crore in FY23.

Operational Highlights:

  • Volume Growth: UltraTech recorded volume growth of 13% during FY24, backed by 11% growth during Q4FY24.
  • EBITDA per Metric Ton: Achieved full-year EBITDA per metric ton of Rs 1,101.
  • Fuel Prices: Coal and petcoke (fuel) prices witnessed a drop during FY24, with the company's imported fuel consumption cost during Q4FY24 being 13% lower than Q4FY23 and remaining flat QoQ. 
  • Capacity Utilization: Effective capacity utilization was 98% during the quarter and 85% for the full year.
  • Cash Flows: UltraTech continues to deliver strong cash flows, with the net debt increasing only by Rs 77 crore during FY24 despite spending over Rs 9,400 crore on capex. Over the last five years, UltraTech has delivered a 24% CAGR growth in its earnings per share.

Result PDF

View Other Company Results

UltraTech Cement Ltd shares SWOT Analysis

Strengths (10)

  • MACD Crossover Above Signal Line
  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 9,965.2
R2 10,040.0
R3 10,179.9
Pivot

9,825.20

S1 9,750.4
S2 9,610.5
S3 9,535.7
EMA SMA
9,685.3
9,712.6
9,626.5
9,235.0
9,679.2
9,702.9
9,855.7
9,209.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
AIA VCC - AIA ASIAN EQUITY FUND Block Purchase 2023-11-16 8790 19568 BSE
AIA INTERNATIONAL LIMITED Block Sell 2023-11-16 8790 19568 BSE
AIA VCC - AIA ASIAN EQUITY FUND Block Purchase 2023-10-26 8182.95 30351 BSE
Name Category Shares
Grasim Industries Limited PROMOTER 57.27%
Pilani Investment and Industries Corporation Limited PROMOTER 1.21%
PT. Indo Bharat Rayon PROMOTER 0.79%

OUR RESEARCH VIEW

Investment recommendation
Call Date
23 Jan 2023
Entry Price 6,850.00
Target Price 8,050.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

UltraTech Cement Ltd Stocks COMPARISON

Financials( in Cr) UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd Dalmia Bharat Ltd
Price 9,890.35 620.70 26,305.80 2,521.95 1,814.50
% Change 2.87 1.21 1.88 1.32 3.04
Mcap Cr 285,526.49 152,886.04 94,913.96 47,358.94 34,030.58
Revenue TTM Cr 61,326.50 28,965.46 17,852.33 16,151.67 13,540.00
Net Profit TTM Cr 4,916.88 3,711.04 1,269.14 1,863.10 1,079.00
PE TTM 40.45 36.16 39.64 22.11 41.15
1 Year Return 27.44 52.66 6.97 40.12 -12.44
ROCE 12.86 21.37 8.51 18.51 7.88
ROE 9.62 15.43 7.03 13.80 6.81
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 52,936.86 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 45,581.63 -35,822.31
LAST 3M 105,886.10 -42,131.07
LAST 6M 173,680.57 48,055.67
LAST 12M 265,486.86 128,722.00
UltraTech Cement Limited - Other General Purpose

May 16, 2024 l NSE Announcement

UltraTech Cement Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 15, 2024 l NSE Announcement

UltraTech Cement Limited - Updates

May 14, 2024 l NSE Announcement

Date Action Type Ratio
Jul 27, 2023 Dividend 380
Aug 02, 2022 Dividend 380

UltraTech Cement Ltd Information

Stock PE (TTM)
40.45
Promoter Holding
59.95%
Book Value
2086.1807
ROCE
12.86%
ROE
9.62%
Description
  • 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. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose 

Registered Address

B Wing Ahura Centre 2nd Flr, Mahakali Caves Road Andheri(E), Mumbai, Maharashtra, 400093

Tel : 91-22-66917800
Email : sharesutcl:adityabirla.com
Website : http://www.ultratechcement.com; www.adityabirla.co
Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532538
NSE Code : ULTRACEMCO
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE481G01011

FAQ’s on UltraTech Cement Ltd Shares

You can buy UltraTech Cement Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy UltraTech Cement Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of UltraTech Cement Ltd was Rs.9,890.35.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of UltraTech Cement Ltd stood at Rs. 285,526.49.

The latest PE ratio of UltraTech Cement Ltd as of May 17, 2024 03:59 PM is 40.45

The latest PB ratio of UltraTech Cement Ltd as of May 17, 2024 03:59 PM is 0.21

The 52-week high of UltraTech Cement Ltd share price is Rs. 10,526.00 while the 52-week low is Rs. 7,585.10

According to analyst recommendations, UltraTech Cement Ltd Share has a "Buy" rating for the long term.

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