UltraTech Cement Limited

Web: ultratechcement.com NSE: ULTRACEMCO BSE: 532538 SECTOR: Construction Materials - Cement & Cement Products

11840 68(-1%)

Volume

2L as on 24, Jul

Open

11,750

High

11,899

Low

11,690

11,908

VWAP

11,810

52 Week High

13,110

52 Week Low

10,325

Viand Research Rating

Quality Score

40/100

Growth Score

33/100

Valuation Score

25/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

3,48,900

No. of Shares

29.5

P/E

38.9

P/B

5.34

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

10.72

ROCE

Profit Growth

Listing Date

24-Aug-04

Promoter Holding

59.33%

FII Holding

12.36%

DII Holding

19.69%

Price Chart

Price Performance

1 Week1%

1 Month4%

3 Months1%

6 Months4%

1 Year3%

YTD1%

Moving Average

5 Day SMA11,928

10 Day SMA11,802

20 Day SMA11,661

30 Day SMA11,566

50 Day SMA11,458

61 Day SMA11,524

80 Day SMA11,525

200 Day SMA11,816

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	12,205	11,965	12,087	12,062
Resistance 2	12,087	11,946	12,007	12,015
Resistance 1	11,997	11,927	11,958	11,854
Pivot Point	11,879	11,908	11,879	11,807
Support 1	11,789	11,889	11,799	11,646
Support 2	11,671	11,870	11,750	11,599
Support 3	11,581	11,851	11,671	11,438

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	ULTRACEMCO	3,48,900	11840	1%	4%	4%	3%	39	36.5	0.31	8188
2	GRASIM	2,10,495	3093	1%	1%	12%	14%	21	36.5	2.2	10300
3	AMBUJACEM	1,05,853	426	3%	0%	18%	31%	21	36.5	0.01	5637
4	SHREECEM	97,418	27000	1%	3%	1%	14%	65	36.5	0.08	1749
5	JKCEMENT	43,726	5659	5%	2%	2%	13%	0	36.5	0.88	988
6	DALBHARAT	33,856	1805	1%	4%	13%	19%	0	36.5	0.41	1157
7	ACC	25,201	1342	3%	0%	20%	27%	0	36.5	0.02	2137
8	RAMCOCEM	21,491	910	1%	0%	14%	21%	0	36.5	0.48	699
9	NUVOCO	12,743	357	2%	13%	2%	14%	0	36.5	0.48	360
10	INDIACEM	12,576	406	1%	6%	6%	13%	0	36.5	0.13	-67
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 59.33%	(0.01) 59.33%	(0.11) 59.28%	(0.01) 59.23%	(0.01) 59.23%	(-0.81) 59.23%	(0.01) 60.00%	(0.01) 59.99%	(0.01) 59.98%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%	(0.01) 59.96%
FIIs	(-1.31) 12.36%	(-0.81) 13.61%	(-0.91) 14.44%	(0.11) 15.33%	(0.11) 15.23%	(-1.81) 15.17%	(-1.01) 16.98%	(-0.21) 17.95%	(0.41) 18.15%	(-0.51) 17.74%	(1.61) 18.20%	(0.81) 16.65%	(1.01) 15.81%	(0.71) 14.77%	(0.01) 14.11%	(0.91) 14.06%	(-0.91) 13.12%	(-1.71) 14.03%	(-0.71) 15.74%	(0.01) 16.48%
DIIs	(1.31) 19.69%	(1.01) 18.42%	(0.81) 17.45%	(-0.21) 16.65%	(0.11) 16.85%	(1.61) 16.79%	(1.11) 15.15%	(0.31) 14.08%	(-0.31) 13.83%	(0.51) 14.14%	(-1.41) 13.68%	(-0.91) 15.04%	(-1.01) 15.95%	(-0.51) 16.93%	(0.11) 17.40%	(-0.91) 17.30%	(1.81) 18.16%	(1.21) 16.39%	(0.61) 15.15%	(0.01) 14.51%
Government	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
Public	8.42%	8.41%	8.60%	8.55%	8.48%	8.57%	7.64%	7.75%	7.82%	7.92%	7.95%	8.11%	8.09%	8.14%	8.35%	8.50%	8.62%	9.48%	9.00%	8.91%
No. of Shareholders	416,693	409,350	412,518	409,266	406,118	394,462	359,710	356,405	353,565	357,627	342,422	347,904	349,281	366,437	383,971	415,403	433,196	395,972	331,319	323,875

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	24648	25799	21830	19607	21275	23063	17779	16294	18819	20419	16740	16012	17737	18662	15521	13893	15164	15767	12985	12017	11830
Sales Growth % (YoY)	15.8%	11.9%	22.8%	20.3%	13.1%	13%	6.2%	1.8%	6.1%	9.4%	7.8%	15.3%	17%	18.4%	19.5%	15.6%	28.2%	9.4%	5.9%	15.7%	54.2%
Sales Growth % (QoQ)	-4.5%	18.2%	11.3%	-7.8%	-7.8%	29.7%	9.1%	-13.4%	-7.8%	22%	4.5%	-9.7%	-5%	20.2%	11.7%	-8.4%	-3.8%	21.4%	8.1%	1.6%	-
Expenses	19633	20201	17919	16518	16869	18456	14885	14269	15801	16305	13485	13461	14688	15340	13185	12028	12069	12695	10566	9302	8522
Operating Profit	5015	5599	3911	3089	4406	4608	2893	2026	3017	4114	3255	2551	3049	3322	2336	1865	3095	3073	2419	2715	3307
OPM %	20	22	18	16	21	20	16	12	16	20	19	16	17	18	15	13	20	19	19	23	28
Other Income	118	77	46	174	142	93	247	226	83	73	146	171	177	123	130	146	110	253	71	140	205
Interest	453	487	492	459	433	475	457	393	326	261	262	234	211	191	215	200	216	206	182	230	326
Depreciation	1201	1208	1182	1148	1107	1125	993	980	918	815	783	798	749	762	723	708	695	703	674	677	660
Profit before tax	3480	3981	2283	1656	3008	3101	1691	879	1857	3111	2355	1690	2267	2492	1527	1103	2293	2416	1634	1947	2527
Tax %	25	25	24	25	26	20	19	19	20	27	25	24	25	33	30	31	31	-8	-5	33	33
Net Profit	2604	3000	1729	1238	2221	2475	1363	708	1493	2259	1775	1280	1690	1670	1063	759	1582	2614	1710	1310	1700
Net Profit Growth % (QoQ)	-13.2%	73.5%	39.7%	-44.3%	-10.3%	81.6%	92.5%	-52.6%	-33.9%	27.3%	38.7%	-24.3%	1.2%	57.1%	40.1%	-52%	-39.5%	52.9%	30.5%	-22.9%	-
Net Profit Growth % (YoY)	17.2%	21.2%	26.9%	74.9%	48.8%	9.6%	-23.2%	-44.7%	-11.7%	35.3%	67%	68.6%	6.8%	-36.1%	-37.8%	-42.1%	-6.9%	-	-	-	-
TTM Net Profit	8571	8188	7663	7297	6767	6039	5823	6235	6807	7004	6415	5703	5182	5074	6018	6665	7216	7334	4720	3010	0
EPS in Rs	88.21	101.22	58.55	41.79	75.54	84.23	47.09	24.34	51.78	78.22	61.55	44.39	58.49	57.71	36.66	26.18	54.87	90.78	59.16	45.5	58.99

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	88512	75955	70908	63240	52599	44726	42430	41462	30979	25375	25153	23306	20730	20514
Sales Growth %	16.5%	7.1%	12.1%	20.2%	17.6%	5.4%	2.3%	33.8%	22.1%	0.9%	7.9%	12.4%	1.1%	10.6%
Expenses	71507	63158	57930	52620	41084	33158	33184	34115	24834	20162	20252	18881	16695	15674
Operating Profit	17004	12797	12979	10620	11514	11568	9246	7347	6145	5212	4901	4425	4035	4839
OPM %	19	17	18	17	22	26	22	18	20	21	19	19	19	24
Other Income	439	397	557	507	669	619	651	350	242	648	464	350	322	304
Interest	1872	1651	968	823	945	1486	1992	1778	1238	640	566	587	361	252
Depreciation	4644	4015	3145	2888	2715	2700	2723	2451	1848	1348	1377	1203	1139	1023
Profit before tax	10927	7528	9422	7416	8524	8001	5183	3468	3301	3872	3421	2986	2858	3867
Tax %	25	20	26	32	14	32	-11	31	33	30	28	30	23	30
Net Profit	8188	6040	7004	5073	7334	5462	5751	2400	2224	2714	2480	2102	2213	2688
Net Profit Growth %	35.6%	-13.8%	38.1%	-30.8%	34.3%	-5%	139.6%	7.9%	-18.1%	9.4%	18%	-5%	-17.7%	-
EPS in Rs	277.1	204.94	242.65	175.41	254.42	189.26	199.4	87.51	80.92	98.9	90.3	76.47	80.44	97.66
Dividend Payout %	87	38	29	22	15	20	7	13	13	10	11	12	11	9

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	15316	10673	10898	9069	9283	12500	8972	5956	3888	5005	4526	4190	3455	3618
Cash from Investing Activity	-9480	-15836	-8789	-7188	2257	-8856	-4192	1165	1866	-2501	-3673	-2144	-2342	-4362
Cash from Financing Activity	-5954	5076	-1926	-1631	-12498	-4356	-5076	-6757	-5735	-2535	-844	-2110	-949	715
Net Cash Flow	-118	-86	183	250	-958	-712	-295	364	18	-31	8	-63	164	-30

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	295	295	295	289	289	289	289	289	289	275	275	275	274	274	274	274
Reserves	76329	71738	70412	61076	59939	54036	50147	43886	38755	33476	26107	24117	21671	18767	16908	14955
Borrowings	23755	25215	24102	16964	11403	11058	11299	21719	23019	25337	19480	8474	10616	9829	7332	7342
Other Liabilities	40997	40058	38823	29282	29167	25998	22077	20282	17151	17438	11280	9343	8631	9183	7671	7010
Total Liabilities	141376	137305	133632	107611	100797	91380	83811	86176	79214	76525	57141	42209	41193	38053	32185	29582
Fixed Assets	99260	95930	94564	68042	62878	59579	55488	55412	57151	56645	39715	25904	25309	23343	18100	15050
CWIP	8276	7206	6234	6410	6811	4040	4785	1687	920	1153	1511	921	1469	2250	2186	3601
Investments	6740	5098	5156	7579	8249	7297	6336	12178	5929	2921	5447	6691	5095	4500	4862	4709
Other Assets	27101	29072	27677	25579	22859	20464	17203	16900	15215	15806	10468	8693	9319	7961	7037	6222
Total Assets	141376	137305	133632	107611	100797	91380	83811	86176	79214	76525	57141	42209	41193	38053	32185	29582

OI Chart

Price

Delivery

#	Date	10706 14% 12172	Value (Cr)	Q/T 13	Del 59	Del 781
1	24-Jul	11846	270	7	52	141
2	23-Jul	11908	494	11	60	295
3	22-Jul	11893	339	7	59	202
4	21-Jul	12094	1001	11	54	537
5	20-Jul	11903	542	10	46	247
6	17-Jul	11727	290	8	56	163
7	16-Jul	11771	308	7	61	188
8	15-Jul	11812	447	6	53	238
9	14-Jul	11496	464	8	68	317
10	13-Jul	11571	141	6	60	85
11	10-Jul	11711	158	6	53	84
12	9-Jul	11524	186	6	56	104
13	8-Jul	11353	244	6	60	146
14	7-Jul	11649	178	6	56	99
15	6-Jul	11661	185	7	67	123
16	3-Jul	11723	185	6	45	84
17	2-Jul	11536	159	5	53	84
18	1-Jul	11456	136	6	44	60
19	30-Jun	11253	374	8	57	212
20	29-Jun	11336	263	7	67	175
21	25-Jun	11489	465	7	59	274
22	24-Jun	11430	266	9	60	159
23	23-Jun	11307	367	9	68	249
24	22-Jun	11402	258	7	70	181
25	19-Jun	11367	459	9	69	317
26	18-Jun	11430	366	6	61	222
27	17-Jun	11373	202	6	61	124
28	16-Jun	11391	267	5	61	163
29	15-Jun	11466	464	5	60	279
30	12-Jun	11117	212	5	50	107
31	11-Jun	10830	256	6	51	131
32	10-Jun	10866	512	9	62	316
33	9-Jun	10911	280	6	67	187
34	8-Jun	10795	309	9	61	188
35	5-Jun	10912	465	8	72	334
36	4-Jun	10997	596	10	73	433
37	3-Jun	11101	458	9	65	297
38	2-Jun	11165	460	6	71	326
39	1-Jun	11232	562	9	49	275
40	29-May	11482	2045	21	73	1501
41	27-May	11689	285	6	56	160
42	26-May	11623	246	7	54	134
43	25-May	11726	269	7	53	143
44	22-May	11569	395	6	62	245
45	21-May	11474	281	6	62	175
46	20-May	11409	191	5	59	112
47	19-May	11368	396	7	65	258
48	18-May	11561	268	6	53	141
49	15-May	11487	329	9	61	199

Daily Market Cap

Date	Total Market Cap	Change	Chg %
24-Jul	3,48,900c	2,711c	0.77
23-Jul	3,51,611c	1,827c	0.52
22-Jul	3,49,784c	6,041c	1.70
21-Jul	3,55,825c	11,493c	3.34
17-Jul	3,44,333c	2,357c	0.68
16-Jul	3,46,690c	619c	0.18
15-Jul	3,47,309c	8,752c	2.59
14-Jul	3,38,557c	3,242c	0.95
13-Jul	3,41,798c	1,090c	0.32
10-Jul	3,42,889c	2,151c	0.63
09-Jul	3,40,738c	5,393c	1.61
08-Jul	3,35,345c	9,548c	2.77
07-Jul	3,44,893c	855c	0.25
06-Jul	3,44,038c	4,627c	1.36
02-Jul	3,39,412c	1,709c	0.51
01-Jul	3,37,702c	5,275c	1.59
30-Jun	3,32,428c	7,279c	2.14
29-Jun	3,39,706c	2,151c	0.64
26-Jun	3,37,555c	3,801c	1.11
25-Jun	3,41,356c	4,597c	1.37
24-Jun	3,36,759c	3,035c	0.91
23-Jun	3,33,724c	2,240c	0.67
22-Jun	3,35,964c	766c	0.23
19-Jun	3,35,198c	147c	0.04
17-Jun	3,35,345c	442c	0.13
16-Jun	3,35,787c	2,151c	0.64
15-Jun	3,37,938c	10,550c	3.22
12-Jun	3,27,389c	8,693c	2.73
11-Jun	3,18,696c	0	0

Stock Checklist

Price is above from 52 week high low average: 9%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 813 fund scheme(s) across 43 fund house(s) as of Jul26 · Total value ₹53,979 Cr · 77 increasing / 158 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
ICICI Prudential Mutual Fund	58	5.12%	+0.06%	13788.7
Kotak Mahindra Mutual Fund	52	4.06%	+0.10%	8062.1
Axis Mutual Fund	42	2.08%	-	4209.9
Aditya Birla Sun Life Mutual Fund	40	2.07%	-	2902.2
Nippon India Mutual Fund	27	1.98%	-	2866
ICICI Prudential Asset Management Company Limited	7	0.61%	+2.36%	2383.3
Bandhan Mutual Fund	28	13.82%	-	1827.6
HDFC Mutual Fund	38	1.36%	+0.01%	1816.7
Canara Robeco Mutual Fund	20	1.82%	-	1814.7
SBI Mutual Fund	34	2.58%	-	1784.5
UTI Mutual Fund	28	1.74%	-	1568.2
Franklin Templeton Mutual Fund	30	1.64%	-0.21%	1494.7
Tata Mutual Fund	34	2.50%	-	1412.3
Sundaram Mutual Fund	30	2.85%	-0.02%	1180.7
DSP Mutual Fund	20	1.28%	-	995.6
Mirae Asset Mutual Fund	26	1.23%	-	962
Invesco Mutual Fund	17	1.66%	+0.22%	916.8
HSBC Mutual Fund	24	1.99%	-	701.9
Edelweiss Mutual Fund	31	4.41%	-	672.8
Baroda BNP Paribas Mutual Fund	33	9.72%	-	560.7
Bajaj Finserv Mutual Fund	18	8.66%	-0.35%	532.2
Mahindra Manulife Mutual Fund	10	1.82%	-0.33%	400.9
LIC Mutual Fund	24	3.51%	-	303.8
Motilal Oswal Mutual Fund	16	1.81%	-	226
Union Mutual Fund	22	15.83%	-	210.4
ITI Mutual Fund	12	1.49%	+0.47%	114.6
Navi Mutual Fund	8	1.25%	-	102.4
PGIM India Mutual Fund	14	2.08%	-	73.2
Groww Mutual Fund	14	1.84%	-	27.2
PPFAS Mutual Fund	6	0.80%	-0.01%	26
JM Financial Mutual Fund	8	1.43%	-	23.7
Bank of India Mutual Fund	4	1.61%	-	20.1
PGIM India Asset Management Private Limite	2	2.45%	+1.82%	13.4
Zerodha Mutual Fund	5	54.83%	-	9.9
The Wealth Company Mutual Fund	6	2.35%	-	3.9
Jio BlackRock Mutual Fund	3	1.42%	-	3.4
360 ONE Mutual Fund	2	1.24%	-	1.7
Angel One Mutual Fund	4	0.97%	-	1.4
Taurus Mutual Fund	4	2.67%	-	0.8
Unifi Mutual Fund	2	0.29%	-	-6.8
Old Bridge Mutual Fund	2	1.90%	+0.65%	-7.2
WhiteOak Capital Mutual Fund	4	0.42%	+0.35%	-11.3
NJ Mutual Fund	4	0.77%	+0.03%	-12.5

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Events

Date	Purpose
20-Jul-26	Q1 2027