The India Cements Limited has informed the Exchange about Transcript
INDIACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
UltraTech Cement crossed 200 million tons of domestic cement production capacity in FY26, ahead of its target schedule. Q4 FY26 consolidated volumes exceeded 44 million tons with UltraTech brand growing 19% year-on-year. EBITDA per ton improved to INR1,253 (INR1,296 excluding acquired assets). India Cements achieved INR497 EBITDA per ton in Q4, up from INR333 in Q2, with 100% brand migration completed. The company committed to INR8,000-10,000 crores annual capex for growth and targeting 242.5 million tons capacity by FY28. West Asia conflict created cost headwinds (bag costs up INR6/bag, INR90 crore March impact) but management indicated price hikes will offset these. Net debt-EBITDA remains healthy at 0.94x. The Board recommended dividend of INR240 per share for FY26.
UltraTech demonstrates strong operational execution with capacity and integration targets met ahead of schedule. Margin improvement trajectory remains intact despite geopolitical cost pressures. The company's financial flexibility and cash generation support continued shareholder returns while funding aggressive growth capex.