UltraTech Cement (ULTRACEMCO.NS) Stock Price

UltraTech Cement Price

NSE·CLOSED
11,862.00INR-31.00 (-0.26 %)
Market closed

Over the last 19 years UltraTech Cement grew revenue by 17.8% annually, reaching 759.55 B INR. Earnings per share have grown at 13.6% per year over the last 19 years. For UltraTech Cement, the net margin of 8.0% is down versus 12.2% a few years ago. At today's price the dividend yield works out to roughly 0.65%. The payout ratio is around 38% of earnings. The dividend has grown at 22.1% per year over the past 19 years. The consensus 12-month price target for UltraTech Cement is 14,694.12 INR, about 23.9% above where the stock trades today. Of 45 analysts, 38 rate the stock a buy — an overall Buy consensus. The stock trades about 14% above its 52-week low.

UltraTech Cement stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of UltraTech Cement over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how UltraTech Cement stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing UltraTech Cement's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

UltraTech Cement Stock Price History
DateUltraTech Cement Price
7/23/202611,862.00 INR
7/22/202611,893.00 INR
7/21/202612,094.00 INR
7/20/202611,903.00 INR
7/17/202611,727.00 INR
7/16/202611,771.00 INR
7/15/202611,812.00 INR
7/14/202611,496.00 INR
7/13/202611,571.00 INR
7/10/202611,711.00 INR
7/9/202611,524.00 INR
7/8/202611,353.00 INR
7/7/202611,649.00 INR
7/6/202611,661.00 INR
7/3/202611,722.00 INR
7/2/202611,536.00 INR
7/1/202611,456.00 INR
6/30/202611,253.00 INR
6/29/202611,336.00 INR
6/25/202611,489.00 INR
6/24/202611,430.00 INR
6/23/202611,307.00 INR
6/22/202611,402.00 INR
6/19/202611,367.00 INR
6/18/202611,430.00 INR
6/17/202611,373.00 INR
6/16/202611,391.00 INR
6/15/202611,514.00 INR
6/12/202611,117.00 INR
6/11/202610,830.00 INR
6/10/202610,908.00 INR
6/9/202610,911.00 INR
6/8/202610,795.00 INR
6/5/202610,912.00 INR
6/4/202610,997.00 INR
6/3/202611,101.00 INR
6/2/202611,165.00 INR
6/1/202611,232.00 INR
5/29/202611,482.00 INR
5/27/202611,689.00 INR
5/26/202611,623.00 INR
5/25/202611,726.00 INR
5/22/202611,569.00 INR
5/21/202611,474.00 INR
5/20/202611,222.00 INR
5/19/202611,368.00 INR
5/18/202611,561.00 INR
5/15/202611,487.00 INR
5/14/202611,692.00 INR
5/13/202611,573.00 INR
5/12/202611,516.00 INR
5/11/202611,866.00 INR
5/8/202611,950.00 INR
5/7/202612,146.00 INR
5/6/202612,093.00 INR
5/5/202611,963.00 INR
5/4/202611,758.00 INR
5/1/202611,586.00 INR
4/30/202611,586.00 INR
4/29/202611,833.00 INR
4/28/202611,817.00 INR
4/27/202612,010.00 INR
4/24/202611,998.00 INR
4/23/202612,167.00 INR
4/22/202612,193.00 INR
4/21/202612,039.00 INR
4/20/202611,917.00 INR
4/17/202611,886.00 INR
4/16/202611,826.00 INR
4/15/202611,785.00 INR
4/13/202611,502.00 INR
4/10/202611,589.00 INR
4/9/202611,448.00 INR
4/8/202611,603.00 INR
4/7/202610,936.00 INR
4/6/202610,955.00 INR
4/2/202610,620.00 INR
4/1/202610,714.00 INR
3/30/202610,745.00 INR
3/27/202611,049.00 INR
3/25/202611,204.00 INR
3/24/202610,764.00 INR
3/23/202610,362.00 INR
3/20/202610,934.00 INR
3/19/202610,814.00 INR
3/18/202611,225.00 INR
3/17/202611,119.00 INR
3/16/202611,090.00 INR
3/13/202610,744.00 INR
3/12/202611,118.00 INR
3/11/202611,450.00 INR
3/10/202611,650.00 INR
3/9/202611,358.00 INR
3/6/202611,987.00 INR
3/5/202612,260.00 INR
2/26/202612,937.00 INR
2/25/202613,045.00 INR
2/23/202612,970.00 INR
2/20/202612,748.00 INR
2/19/202612,664.00 INR
2/18/202613,068.00 INR
2/17/202612,984.00 INR
2/16/202612,981.00 INR
2/13/202612,977.00 INR
2/12/202613,029.00 INR
2/11/202612,940.00 INR
2/10/202612,985.00 INR
2/9/202613,048.00 INR
2/6/202612,722.00 INR
2/5/202612,773.00 INR
2/4/202612,758.00 INR
2/3/202612,610.00 INR
2/2/202612,535.00 INR
1/30/202612,710.00 INR
1/29/202612,671.00 INR
1/28/202612,767.00 INR
1/27/202612,590.00 INR
1/23/202612,346.00 INR
1/22/202612,364.00 INR
1/21/202612,180.00 INR
1/20/202612,059.00 INR
1/19/202612,261.00 INR
1/14/202612,242.00 INR
1/13/202612,015.00 INR
1/12/202612,120.00 INR
1/9/202611,914.00 INR
1/8/202612,064.00 INR
1/7/202612,172.00 INR
1/6/202612,204.00 INR
1/5/202612,087.00 INR
1/2/202611,899.00 INR
1/1/202611,903.00 INR
12/31/202511,792.00 INR
12/30/202511,701.00 INR
12/29/202511,820.00 INR
12/26/202511,778.00 INR
12/24/202511,770.00 INR
12/23/202511,678.00 INR
12/22/202511,532.00 INR
12/19/202511,497.00 INR
12/18/202511,465.00 INR
12/17/202511,531.00 INR
12/16/202511,528.00 INR
12/15/202511,711.00 INR
12/12/202511,730.00 INR
12/11/202511,472.00 INR
12/10/202511,315.00 INR
12/9/202511,420.00 INR
12/8/202511,538.00 INR
12/5/202511,595.00 INR
12/4/202511,600.00 INR
12/3/202511,570.00 INR
12/2/202511,680.00 INR
12/1/202511,662.00 INR
11/28/202511,600.00 INR
11/27/202511,620.00 INR
11/26/202511,768.00 INR
11/25/202511,580.00 INR
11/24/202511,561.00 INR
11/21/202511,717.00 INR
11/20/202511,753.00 INR
11/19/202511,681.00 INR
11/18/202511,724.00 INR
11/17/202511,775.00 INR
11/14/202511,874.00 INR
11/13/202511,931.00 INR
11/12/202511,921.00 INR
11/11/202511,825.00 INR
11/10/202511,750.00 INR
11/7/202511,850.00 INR
11/6/202511,910.00 INR
11/4/202511,813.00 INR
11/3/202511,970.00 INR
10/31/202511,924.00 INR
10/30/202512,053.00 INR
10/29/202512,007.00 INR
10/28/202511,940.00 INR
10/27/202511,993.00 INR
10/24/202511,918.00 INR
10/23/202512,145.00 INR
10/21/202512,271.00 INR
10/20/202512,346.00 INR
10/17/202512,313.00 INR
10/16/202512,358.00 INR
10/15/202512,287.00 INR
10/14/202512,070.00 INR
10/13/202512,178.00 INR
10/10/202512,281.00 INR
10/9/202512,163.00 INR
10/8/202511,991.00 INR
10/7/202512,175.00 INR
10/6/202512,055.00 INR
10/3/202512,019.00 INR
10/1/202512,095.00 INR
9/30/202512,222.00 INR
9/29/202512,041.00 INR
9/26/202512,070.00 INR
9/25/202512,141.00 INR
9/24/202512,214.00 INR
9/23/202512,470.00 INR
9/22/202512,650.00 INR
9/19/202512,510.00 INR
9/18/202512,648.00 INR
9/17/202512,730.00 INR
9/16/202512,595.00 INR
9/15/202512,419.00 INR
9/12/202512,370.00 INR
9/11/202512,392.00 INR
9/10/202512,478.00 INR
9/9/202512,562.00 INR
9/8/202512,674.00 INR
9/5/202512,592.00 INR
9/4/202512,651.00 INR
9/3/202512,702.00 INR
9/2/202512,726.00 INR
9/1/202512,780.00 INR
8/29/202512,635.00 INR
8/28/202512,555.00 INR
8/26/202512,604.00 INR
8/25/202512,600.00 INR
8/22/202512,605.00 INR
8/21/202512,868.00 INR
8/20/202512,872.00 INR
8/19/202512,850.00 INR
8/18/202512,767.00 INR
8/14/202512,299.00 INR
8/13/202512,411.00 INR
8/12/202512,449.00 INR
8/11/202512,405.00 INR
8/8/202512,167.00 INR
8/7/202512,292.00 INR
8/6/202512,230.00 INR
8/5/202512,298.00 INR
8/4/202512,250.00 INR
8/1/202512,113.00 INR
7/31/202512,249.00 INR
7/30/202512,251.00 INR
7/29/202512,221.00 INR
7/28/202512,240.00 INR
Access this data via the Eulerpool API

UltraTech Cement Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
447.26 B INR
88.68 B INR
54.63 B INR
Jan 1, 2022
525.99 B INR
88.67 B INR
73.44 B INR
Jan 1, 2023
632.39 B INR
77.32 B INR
50.64 B INR
Jan 1, 2024
709.08 B INR
98.22 B INR
70.05 B INR
Jan 1, 2025
759.55 B INR
85.55 B INR
60.39 B INR
Jan 1, 2026 (e)
900.28 B INR
128.72 B INR
87.79 B INR
Jan 1, 2027 (e)
1.01 T INR
164.95 B INR
116.14 B INR
Jan 1, 2028 (e)
1.12 T INR
190.31 B INR
136.78 B INR

UltraTech Cement Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 6:06 PM
 
REVENUET INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
0.210.220.240.280.290.320.420.420.450.530.630.710.760.901.011.12
10.881.5412.4216.650.9011.2630.551.955.4317.6020.2312.137.1218.5311.8811.19
57.0255.4356.4651.9152.9755.4360.5464.5760.5656.4050.4852.6152.7352.7352.7352.73
121.59120.02137.43147.38151.73176.66251.90273.90270.85296.68319.21373.02400.48474.68531.06590.46
38.1728.9632.2635.3038.6643.0048.9665.2588.6888.6777.3298.2285.55128.72164.95190.31
17.9013.3813.2612.4313.5013.4911.7715.3819.8316.8612.2313.8511.2614.3016.3816.99
26.7822.0620.9824.7827.1522.2224.0457.5554.6373.4450.6470.0560.3987.79116.14136.78
11.42-17.62-4.8818.109.56-18.158.16139.45-5.0834.43-31.0538.33-13.7945.3732.2917.77
9.009.009.009.5010.0010.5011.5013.0037.0038.0038.0070.0077.5077.5093.00111.60
12.505.565.265.009.5213.04184.622.7084.2110.7120.0020.00
274.00274.00275.00275.00275.00275.00286.00288.00288.55288.55288.48288.43294.40294.40294.40294.40
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales UltraTech Cement generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue UltraTech Cement retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare UltraTech Cement's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares UltraTech Cement has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against UltraTech Cement's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

UltraTech Cement stock margins

The UltraTech Cement margin analysis displays the gross margin, EBIT margin, as well as the profit margin of UltraTech Cement. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for UltraTech Cement.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
60.56 %
19.83 %
12.21 %
Jan 1, 2022
56.40 %
16.86 %
13.96 %
Jan 1, 2023
50.48 %
12.23 %
8.01 %
Jan 1, 2024
52.61 %
13.85 %
9.88 %
Jan 1, 2025
52.73 %
11.26 %
7.95 %
Jan 1, 2026 (e)
52.73 %
14.30 %
9.75 %
Jan 1, 2027 (e)
52.73 %
16.38 %
11.53 %
Jan 1, 2028 (e)
52.73 %
16.99 %
12.21 %

UltraTech Cement Stock Revenue, EBIT, Earnings per Share

The UltraTech Cement earnings per share therefore indicates how much revenue UltraTech Cement has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
1,550.00 INR
307.33 INR
189.33 INR
Jan 1, 2022
1,822.87 INR
307.31 INR
254.53 INR
Jan 1, 2023
2,192.16 INR
268.02 INR
175.54 INR
Jan 1, 2024
2,458.42 INR
340.54 INR
242.87 INR
Jan 1, 2025
2,580.00 INR
290.60 INR
205.13 INR
Jan 1, 2026 (e)
3,058.03 INR
437.23 INR
298.20 INR
Jan 1, 2027 (e)
3,421.23 INR
560.29 INR
394.50 INR
Jan 1, 2028 (e)
3,803.91 INR
646.44 INR
464.59 INR

UltraTech Cement business model & stock analysis

UltraTech Cement Ltd is the largest cement company in India and one of the leading cement producers worldwide. It was established in 1983 as part of the Aditya Birla Group and is headquartered in Mumbai. History: UltraTech Cement Ltd has a long history dating back to 1983. At that time, several companies, including Grasim Industries, L&T Cement, and UltraTech Cement, came together to form Hindustan Cement Company. In 2004, UltraTech Cement Ltd merged with Grasim Industries and became the largest cement manufacturer in India. Since then, the company has maintained its leadership in the Indian cement market and is the leading cement producer in South Asia and the Middle East. Business model: UltraTech Cement Ltd is a vertically integrated company that offers a wide range of cement products to its customers, including Portland cement, Portland-Pozzolana cement, Portland-fly ash cement, and white cement. The company constantly drives research and development of new products and services to maintain its competitive advantage. UltraTech Cement Ltd focuses on sustainable growth. The company places great emphasis on sustainability and strives to minimize its environmental impact by introducing technologies and practices that reduce its CO2 footprint, water consumption, and increase waste recycling. Segments and products: UltraTech Cement Ltd is divided into various business segments that allow the company to serve its customers with specialized cement products and services. - Cement production: The main segment of UltraTech Cement Ltd is the production and marketing of cement. The company offers a wide range of cement products specifically tailored to the needs of different industries and applications. - Building materials: UltraTech Cement Ltd also offers a wide range of building materials, including concrete, precast concrete, and construction products. - Engineering and consulting services: The company provides its customers with engineering and consulting services to assist them in the planning and implementation of construction projects. - Coal and energy: UltraTech Cement Ltd is also involved in the production of coal and renewable energy sources such as wind power, solar energy, and waste energy. Conclusion: UltraTech Cement Ltd is one of the leading cement companies in India and a global leader in the industry. The company has a long history and has been steadily growing since its establishment in 1983, offering its customers a wide range of cement products and services tailored to the diverse requirements of different industries. With a focus on sustainability and technological innovation, the company is well positioned to continue playing a leading role in the Indian and international markets. The answer is: UltraTech Cement Ltd is the largest cement company in India and one of the leading cement producers worldwide.

UltraTech Cement SWOT Analysis

Strengths

  • Strong market presence: UltraTech Cement Ltd is the largest cement producer in India, enjoying a dominant position in the market.
  • Extensive distribution network: The company has a wide distribution network that enables it to reach customers across various regions effectively.
  • Technological expertise: UltraTech Cement Ltd is known for its technical innovation and uses advanced technologies in its cement production processes.

Weaknesses

  • High dependency on the Indian market: The company is heavily reliant on the Indian cement market, which poses a risk in case of economic downturns or regulatory changes.
  • Cost structure: UltraTech Cement Ltd faces cost pressures due to factors such as high energy costs and fluctuating raw material prices.
  • Environmental impact: Cement production is associated with significant carbon emissions and environmental concerns, which may affect the company's reputation.

Opportunities

  • Infrastructure development: The Indian government's focus on infrastructure development presents opportunities for increased demand for cement in the country.
  • Growing urbanization: The ongoing trend of urbanization in India leads to increased construction activity, driving the demand for cement.
  • Expansion into international markets: UltraTech Cement Ltd can explore new markets beyond India to diversify its revenue streams and reduce dependency on a single market.

Threats

  • Intense competition: The cement industry in India is highly competitive, with several established players competing for market share.
  • Regulatory challenges: Adherence to various regulations regarding environmental and safety standards can impact the company's operations and profitability.
  • Economic uncertainties: Economic fluctuations, inflation, and changes in government policies can pose risks to UltraTech Cement Ltd's financial performance.

UltraTech Cement Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

UltraTech Cement historical P/E ratio, EBIT multiple, and P/S ratio

UltraTech Cement annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

UltraTech Cement shares outstanding

The number of shares of UltraTech Cement was 294.4 M in 2025. This indicates how many shares UltraTech Cement is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
288.55 M Stocks
Jan 1, 2022
288.55 M Stocks
Jan 1, 2023
288.48 M Stocks
Jan 1, 2024
288.43 M Stocks
Jan 1, 2025
294.40 M Stocks
Jan 1, 2026 (e)
294.40 M Stocks
Jan 1, 2027 (e)
294.40 M Stocks
Jan 1, 2028 (e)
294.40 M Stocks

UltraTech Cement Dividend History

21 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
202577.50INR 10.7%
Jul 25, 202577.50INR 10.7%1/1
202470.00INR 84.2%
202338.00INR 0.0%
202238.00INR 2.7%
202137.00INR 184.6%
202013.00INR 13.0%
201911.50INR 9.5%
201810.50INR 5.0%
201710.00INR 5.3%
20169.50INR 5.6%

UltraTech Cement dividend history and estimates

In 2025, UltraTech Cement paid a dividend amounting to 77.50 INR. Dividend means that UltraTech Cement distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
37.00 INR
0.00 INR
Jan 1, 2022
38.00 INR
0.00 INR
Jan 1, 2023
38.00 INR
0.00 INR
Jan 1, 2024
70.00 INR
0.00 INR
Jan 1, 2025
77.50 INR
0.00 INR
Jan 1, 2026
77.50 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
93.00 INR
Jan 1, 2028 (e)
0.00 INR
111.60 INR

UltraTech Cement dividend payout ratio

In 2025, UltraTech Cement had a payout ratio of 37.78%. The payout ratio indicates the percentage of the company's profits that UltraTech Cement distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
19.54 %
Jan 1, 2022
14.93 %
Jan 1, 2023
21.65 %
Jan 1, 2024
28.82 %
Jan 1, 2025
37.78 %
Jan 1, 2026 (e)
25.99 %
Jan 1, 2027 (e)
23.57 %
Jan 1, 2028 (e)
24.02 %

Current UltraTech Cement forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.64 %
Buy84.44 % (38)
Hold8.89 % (4)
Sell6.67 % (3)
12M Price Target
14,694.12
Last Price
11,846.00
Currency
INR
12M Return Potential
24.04 %
LTM Return
0 %

UltraTech Cement Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/26/202496.46INR208.98 BINR2024 Q4
1/19/202468.58INR180.53 BINR2024 Q3

EESG©

Eulerpool ESG Scorecard© for the UltraTech Cement stock

69/100
66
Environment
58
Social
84
Governance
E

Environment

20
Scope 1 - Direct Emissions71,240,410
Scope 2 - Indirect emissions from purchased energy1,892,300
Scope 3 - Indirect emissions within the value chain8,250,590
Total CO₂ emissions73,132,710
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees5.878
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

UltraTech Cement shareholder structure

% Name
58.13379%
Aditya Birla Group
Aditya Birla Group
2.45322%
Life Insurance Corporation of India
Life Insurance Corporation of India
2.45291%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
1.72042%
SBI Funds Management Pvt. Ltd.
SBI Funds Management Pvt. Ltd.
1.48399%
NPS Trust
NPS Trust
1.47878%
GIC Private Limited
GIC Private Limited
...

UltraTech Cement Executives and Management Board

KJ

Mr. Kailash Jhanwar

(67)

Managing Director, Executive Director · since 2018

Compensation186.80 M INR
AD

Mr. Atul Daga

(58)

Chief Financial Officer · since 2014

Compensation91.60 M INR
RB

Mrs. Rajashree Birla

(78)

Non-Executive Director

Compensation67.27 M INR
AB

Mrs. Alka Bharucha

(67)

Non-Executive Independent Director

Compensation13.34 M INR
SK

Mrs. Sukanya Kripalu

(64)

Non-Executive Independent Director

Compensation12.91 M INR

Frequently asked questions about UltraTech Cement

The business model of UltraTech Cement Ltd revolves around being a leading cement manufacturer and supplier in India. UltraTech Cement Ltd focuses on operating integrated cement manufacturing plants and grinding units across the country. With a strong distribution network, the company caters to various sectors including infrastructure, real estate, commercial, and industrial projects. UltraTech Cement Ltd aims to provide high-quality cement products and solutions to its customers while maintaining its position as one of the top players in the cement industry.