NSE ULTRACEMCO · BSE 532538 · Construction - Raw Materials · NIFTY 50

UltraTech Cement Share Price

Market closed · updated 25 Sep, 2:43 PM IST
₹11,098.00 ▼ −₹75.98 · 0.68% NSE · as of 24 Sep 2026, 9:13 AM · BSE ₹11,111.65
Today's range
₹11,054.70Low₹11,190.80High
52-week range
₹10,329.00Low · 23 Mar 2026₹13,104.00High · 10 Feb 2026

UltraTech Cement Overview

Where the price stands, how it has moved and how it sits against its averages.

UltraTech Cement shares last traded at ₹11,098.00 on the NSE, down 0.68% on the day. That is 15.3% below the 52-week high of ₹13,104.00 and 7.4% above the 52-week low of ₹10,329.00. The stock trades at 38.76× earnings, above the sector average of 30.81. Its market value is ₹3,27,437 Cr.

Price returns

1 Day▼ −0.68%
5 Days▲ +4.25%
This month▼ −2.58%
3 Months▼ −2.41%
6 Months▼ −0.44%
This year▼ −5.34%
1 Year▼ −10.05%

Against the market: 1 Month ▼ −1.43% · 3 Months ▲ +0.42% · 6 Months ▲ +0.16% · This year ▲ +7.81% · 1 Year ▼ −1.30%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 2 of 6

  1. 300-day average₹11,728.67 ▼ price 5.4% below
  2. 50-day average₹11,580.90 ▼ price 4.2% below
  3. 100-day average₹11,521.92 ▼ price 3.7% below
  4. 20-day average₹11,207.80 ▼ price 1.0% below
  5. Today's price₹11,098.00
  6. 10-day average₹10,916.30 ▲ price 1.7% above
  7. 5-day average₹10,915.60 ▲ price 1.7% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

UltraTech Cement Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
88,512
Net profit₹ crore · losses below zero
8,166

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹88,512 Cr ▲ +16.5% ₹8,166 Cr 9.2% ₹277.45 ₹240.00
FY 2025 ₹75,955 Cr ▲ +7.1% ₹6,039 Cr 8.0% ₹205.13 ₹77.50
FY 2024 ₹70,908 Cr ▲ +12.1% ₹7,005 Cr 9.9% ₹242.87 ₹70.00
FY 2023 ₹63,239 Cr ▲ +20.2% ₹5,064 Cr 8.0% ₹175.54 ₹38.00
FY 2022 ₹52,599 Cr ▲ +17.6% ₹7,344 Cr 14.0% ₹248.98 ₹38.00
FY 2021 ₹44,726 Cr ▲ +5.4% ₹5,463 Cr 12.2% ₹184.38 ₹37.00
FY 2020 ₹42,430 Cr — ₹5,755 Cr 13.6% ₹199.49 ₹13.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
46%
54%
  • Total assets₹1,41,376 Cr
  • Total liabilities₹64,753 Cr
  • Shareholders' equity₹76,624 Cr
  • Total debt₹23,755 Cr
  • Cash & investments₹4,890 Cr
  • Current ratio0.74×
  • Revenue growth, 5 yr14.63% a year
  • EPS growth, 5 yr8.52% a year
  • Operating margin (TTM)13.87%
  • Net margin (TTM)9.33%

Cash flow — FY26

Operating activities
▲ ₹15,316 Cr
Investing activities
▼ −₹9,480 Cr
Financing activities
▼ −₹5,954 Cr
Free cash flow
▲ ₹5,638 Cr
Net change in cash
▼ −₹113 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue42,429.5644,725.6452,598.6063,239.4970,908.1475,955.1388,511.53
Cost of revenue17,196.0317,640.3322,930.5331,318.7033,606.4535,907.2041,096.52
Gross profit25,233.5327,085.3129,668.0731,920.7937,301.6940,047.9347,415.01
Operating expenses35,910.0336,118.3943,731.2155,507.7661,157.8867,497.3376,285.15
Operating income6,519.538,607.258,867.397,731.739,750.268,457.8012,226.38
Depreciation2,685.192,645.612,677.812,865.413,145.304,014.954,644.46
Profit before tax5,182.727,857.648,364.407,416.259,422.227,528.1310,927.19
Tax−568.162,538.701,190.062,342.852,418.261,488.492,738.84
Net profit5,755.265,463.107,344.315,063.967,005.006,039.118,165.64
EPS (₹)199.49184.38248.98175.54242.87205.13277.45
Dividend per share (₹)13.0037.0038.0038.0070.0077.50240.00

What Analysts Say

37 analysts

Recommendations from 37 analysts who cover UltraTech Cement.

Strong Buy average rating 1.73 on a 1–5 scale

▲ 32 bullish (86.5%) · 3 hold (8.1%) · ▼ 2 bearish (5.4%)

Votes

Strong Buy
18 (49%)
Buy
14 (38%)
Hold
3 (8%)
Sell
1 (3%)
Strong Sell
1 (3%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy1818181818 —
Buy1415141414 —
Hold43333 ▼ −1
Sell11111 —
Strong Sell11111 —

Analyst ratings are opinions, not a guarantee of returns.

UltraTech Cement vs Peers

Side by side with other construction - raw materials companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
UltraTech Cement ₹11,098.00 ▼ −0.68% ₹3,27,437 Cr 38.76 4.29 11.30% 9.33% 2.15% This stock
Grasim Industries ₹3,168.55 ▼ −0.92% ₹2,15,632 Cr 40.80 2.04 6.62% 5.87% 0.32% Neutral
Ambuja Cements ₹383.55 ▼ −2.28% ₹95,305 Cr 21.94 1.83 — 13.75% 0.46% Bearish
Shree Cement ₹22,430.00 ▲ +0.52% ₹80,929 Cr 55.16 4.11 9.08% 8.35% 0.57% Bearish
Dalmia Bharat ₹1,719.00 ▼ −1.40% ₹32,185 Cr 29.50 1.90 5.56% 7.82% 0.49% Bearish
ACC ₹1,236.00 ▼ −1.23% ₹23,253 Cr 12.25 1.26 — 8.33% 0.54% Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns UltraTech Cement shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
59.3%
12.4%
16.0%
12.3%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter59.23%59.29%59.33%59.33% 0.00 pts
FII15.33%14.44%13.61%12.36% ▼ −1.25 pts
MF14.06%14.67%15.24%15.98% ▲ +0.74 pts
Other11.38%11.60%11.82%12.33% ▲ +0.51 pts

UltraTech Cement Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

UltraTech CementBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
38.76
▲ 26% above the sector average of 30.81
P/E, 12-month rangeLow 22.90 · high 61.73
41%
Today's P/E sits 41% of the way from its low to its high
P/BPrice ÷ book value per share
4.29
P/SPrice ÷ sales per share
3.57
P/CFPrice ÷ cash flow per share
24.66
PEGP/E ÷ earnings growth (≈1 is fair)
2.33

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
58.40%
▲ above its 5-yr average of 53.06%
Operating marginKept after running costs
13.87%
▲ above its 5-yr average of 13.39%
Pre-tax marginKept before tax
12.41%
▼ below its 5-yr average of 12.43%
Net marginKept as profit
9.33%
▼ below its 5-yr average of 9.53%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
11.08%
▼ below its 5-yr average of 11.30%
Return on assetsProfit on everything it owns
5.95%
▼ below its 5-yr average of 6.40%
Return on investmentProfit on long-term capital
8.12%
▼ below its 5-yr average of 8.63%

Growth Is the business getting bigger?

Revenue — last 12 months
+14.3%
▲ growing
Revenue — 3 yr, a year
+11.9%
▲ growing
Revenue — 5 yr, a year
+14.6%
▲ growing
EPS — last 12 months
+37.3%
▲ growing (off the scale)
EPS — 3 yr, a year
+16.5%
▲ growing
EPS — 5 yr, a year
+8.5%
▲ growing
Dividend — 3 yr, a year
+84.9%
▲ growing (off the scale)
Book value — 5 yr, a year
+11.2%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.31×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
0.74×
! Tight
Quick ratioLike the current ratio, without inventory
0.41×
! Tight
Interest coverOperating profit ÷ interest to pay
9.25×
✓ Strong
Payout ratioShare of profit paid as dividend
86.61%
• Pays most out

Per share What each share stands for

EPS (TTM)
₹290.18
Book value
₹2,600.05
Cash flow
₹452.27
Dividend
₹240.00
Revenue
₹3,122.34

The share price is 4.27× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 112 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year40.21
Current Dividend Yield - Common Stock Primary Issue, LTM2.15
Price to Book - most recent fiscal year4.29
P/E Basic excluding extraordinary items - TTM38.76
P/E including extraordinary items - TTM38.44
P/E excluding extraordinary items low, trailing 12 months22.90
Price to Tangible Book - most fiscal year5.62
Dividend Yield - 5 Year Average1.00
Price to sales - most recent fiscal year3.71
Dividend Yield - indicated annual dividend divided by closing price2.15
Price to Cash Flow per share - trailing 12 month24.66
Peg Ratio2.33
Price to Free Cash Flow per Share - most recent fiscal year97.53
P/E Normalized, most recent fiscal year39.85
P/E excluding extraordinary items high, trailing 12 months61.73
P/E excluding extraordinary items, most recent fiscal year quarter38.44
Price to sales - trailing 12 month3.57
Net Debt, LFY1,88,650.00

Per share

Dividend Per Share - 5 year average92.70
Cash Flow per share - trailing 12 month452.27
Cash Flow per share - most recent fiscal year436.03
EPS including extraordinary items - trailing 12 month290.18
EPS including extraordinary items - most recent fiscal year277.45
EBITD per share - trailing 12 month598.93
Revenue/share - trailing 12 month3,122.34
EPS excluding extraordinary items - trailing 12 month290.18
EPS Basic excluding extraordinary items - most recent fiscal year277.62
EPS Basic excluding extraordinary items - trailing 12 month290.30
Book value per share - most recent fiscal year2,600.24
Dividend per share - most recent fiscal year240.00
Revenue/share - most recent fiscal year3,007.39
EPS Normalized - most recent fiscal year279.93
Book value (tangible) per share - most recent fiscal year1,980.50
Dividends per share - trailing 12 month240.00
EPS excluding extraordinary items - most recent fiscal year277.45
Cash per share - most recent fiscal year165.95

Margins

Operating margin - trailing 12 month13.87
Gross Margin - 5 year average53.06
Operating margin - 1st historical fiscal year13.81
Operating Margin - 5 year average13.39
Net Profit Margin % - 1st historical fiscal year9.25
Gross Margin - 1st historical fiscal year53.57
Net Profit Margin % - trailing 12 month9.33
Net Profit Margin - 5 year average9.53
Pretax Margin - 5 year average12.43
Pretax margin - 1st historical fiscal year12.35
Pretax margin - trailing 12 month12.41
Free Operating Cash Flow/Revenue, 5 Year Average2.49
Gross Margin - trailing 12 month58.40

Growth

EPS Change %, TTM over TTM37.33
Revenue growth rate, 5 year14.63
EPS growth rate, 5 year8.52
Revenue Change % - most recent quarter 1 year ago15.85
Growth rate% - dividend, 3 year84.85
Growth rate% - EPS, 3 year16.48
Revenue/share (5 yr growth)14.18
Free Operating Cash Flow, 5 Year CAGR−19.95
Tangible Book Value, Total Equity, 5 Year CAGR12.50
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR6.61
Capital Spending growth rate, 5 year38.13
Revenue Change %, TTM over TTM14.28
Growth rate% - Revenue, 3 year11.86
Book value per share growth rate, 5 year11.18
EPS Change % - most recent quarter 1 year ago16.77
Net Profit Margin growth rate, 5 year−4.90
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR8.12
Total Debt, 5 Year CAGR1.81

Financial strength

Net Interest coverage - most recent fiscal year9.25
Free Cash Flow - most recent fiscal year33,647.30
LT debt/equity - most recent fiscal year0.21
Quick ratio - most recent fiscal year0.41
Payout ratio - trailing 12 month82.82
Current ratio - most recent fiscal year0.74
Current EV/Free Cash Flow, LFY398.24
Total debt/total equity - most recent fiscal year0.31
Net Interest coverage - trailing 12 month6.78
Payout ratio - most recent fiscal year86.61

Returns & efficiency

Return on average equity - 5 year average11.30
Net Income/employee - trailing 12 month32,71,310.00
Revenue/employee - most recent fiscal year3,41,18,350.00
Return on investment - most recent fiscal year8.12
Return on average assets - most recent fiscal year5.95
Receivables turnover - most recent fiscal year14.64
Inventory turnover - most recent fiscal year3.73
Revenue/employee - trailing 12 month3,50,69,000.00
Return on average assets - 5 year average6.40
Net Income/employee - most recent fiscal year31,56,346.00
Asset turnover - most recent fiscal year0.64
Return on average equity - most recent fiscal year11.08
Return on investment - 5 year average8.63

Price & volume

Market Cap3,27,535.90
52 week Low Date23 Mar 2026
Price - 1 Day % Change1.41
Relative (S&P500) price percent change - 13 week0.42
Avg trading volume last 10 days0.27
Price - 13 week price percent change−2.41
Price - 52 week price percent change−10.05
Avg Trading Volume Last 3 months5.45
Price - 5 Day % Change4.25
Price % Change Month To Date−2.58
Relative (S&P500) price percent change - 04 week−1.43
52 week High Date10 Feb 2026
Price - 26 week price percent change−0.44
PDATE23 Sep 2026
Price - YTD price percent change−5.34
Relative (S&P500) price percent change - 52 week−1.30
NPRICE11,155.00
Relative (S&P500) price percent change - 26 week0.16
52 week Low10,325.00
52 week High13,110.00
Beta1.24
Relative (S&P500) price percent change - Year to Date7.81

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹240.00
  • Dividend yield2.15%
  • Payout ratio86.61%
  • 5-year average dividend₹92.70 a share
  • Latest dividend₹240.00 per share · 30 Jul 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹240.00 per share · 2,400% · Final dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
Show 10 older events
  • Dividend₹77.50 per share · 775% · Final dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • Dividend₹70.00 per share · 700% · Final dividend
  • Dividend₹38.00 per share · 380% · Final dividend
  • Dividend₹38.00 per share · 380% · Final dividend
  • Dividend₹37.00 per share · 370% · Final dividend

About UltraTech Cement

Construction - Raw Materials

UltraTech Cement Limited is an India-based company, which is engaged in the business of manufacturing and sale of cement and cement related products. The Company’s products include UltraTech Cement, Ready Mix Concrete, Building Solutions, and Building Products. Its UltraTech Cement products include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement. Its Building Solutions products include cement, steels, painting system, waterproofing and chemicals, electricals, plywood, shuttering ply, power and hand tools, flooring, pipes, sanitary ware, mortars, roofing, and water storage tanks. Its Building Products include Tiles Adhesives (TILEFIXO-CT, TILEFIXO-VT, TILEFIXO-NT, and TILEFIXO-YT), Repair Products (MICROKRETE and BASEKRETE), Waterproofing Products (SEAL & DRY, FLEX, HIFLEX, and MYKROFILL), Industrial and Precision Grout (POWERGROUT NS1, NS2, and NS3), Masonry Products (FIXOBLOCK), and Light Weight Autoclaved Aerated Concrete Block (XTRALITE).

Key people

  • Atul DagaChief Financial Officer
  • Vivek AgrawalChief Marketing Officer, Whole-Time Director
  • Dhiraj KapoorCompliance Officer, Company Secretary
  • Kailash Chandra JhanwarManaging Director, Executive Director
  • Jayant DuaManaging Director(Designate), Director
  • Ashok Kumar PChief Legal Officer

Company facts

  • NSE symbolULTRACEMCO
  • BSE code532538
  • ISININE481G01011
  • IndustryConstruction - Raw Materials
  • IndexNIFTY 50, NIFTY 500
  • Market cap₹3,27,437 Cr
  • Revenue (FY26)₹88,512 Cr
  • Net profit (FY26)₹8,166 Cr

In the News

Recent headlines about UltraTech Cement — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

UltraTech Cement (NSE: ULTRACEMCO) last traded at ₹11,098.00 on the NSE, down 0.68% (₹75.98) on the day, as of 24 Sep 2026, 9:13 AM. On the BSE it was ₹11,111.65. The day's range was ₹11,054.70 – ₹11,190.80.

UltraTech Cement's 52-week high is ₹13,104.00 (10 Feb 2026) and its 52-week low is ₹10,329.00 (23 Mar 2026). At ₹11,098.00 the share is 15.3% below its high and 7.4% above its low.

UltraTech Cement's market capitalisation is ₹3,27,437 Cr (₹3.27L Cr). It is part of the NIFTY 50 index.

UltraTech Cement's P/E ratio (trailing 12 months) is 38.76. The sector average is 30.81, so investors pay 26% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹290.18.

UltraTech Cement shares are down 10.05% over the last year, down 5.34% so far this year, down 0.44% over 6 months, down 2.41% over 3 months. Over the last year the stock did 1.30% worse than the market.

In FY26 (year to Mar 2026), UltraTech Cement reported revenue of ₹88,512 Cr (up 16.53% on the year before) and a net profit of ₹8,166 Cr. Earnings per share were ₹277.45.

Yes. UltraTech Cement's latest dividend is ₹240.00 per share (2,400%, final dividend), with an ex-date of 30 Jul 2026. The dividend yield is 2.15%. It has paid 6 dividends in the records shown on this page.

Of 37 analysts covering UltraTech Cement, 32 are bullish (18 strong buy, 14 buy), 3 say hold and 2 are bearish. The consensus is Strong Buy (average rating 1.73 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 59.33%, FII 12.36%, MF 15.98%, Other 12.33%.

UltraTech Cement's listed peers in Construction - Raw Materials include Grasim Industries, Ambuja Cements, Shree Cement, Dalmia Bharat, ACC. By market capitalisation it ranks #1 of 6 in this group.