Crisil reaffirms AAA, assigns AAA/Stable to UltraTech new Rs 2,000 cr NCDs

New Credit FacilityCredit & Debt View source PDF Explain this filing

ULTRACEMCO · price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹11896.00

prior close

₹11750.00

announcement price

After-mkt

timing

Nifty 100market-0.4%-0.2% vs market

Cement & Cement Products peers, median of 36sector-0.1%-0.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.4 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.5-0.4-0.2-0.1-0.4

Next day

-0.0+0.6-0.7+0.7-0.7

+0.6+0.5+0.2-0.1+0.7

+0.7+1.5-0.8-0.1+0.9

-0.4+1.7-2.1-1.0+0.7

-0.3+2.2-2.5-1.2+1.0

+0.7+3.2-2.4-0.3+1.0

15d

-2.3+2.4-4.7-2.3-0.1

-3.0+1.8-4.7-2.4-0.5

-6.6-2.9-3.7-7.4+0.8

-6.0-5.2-0.8-12.9+6.9

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Crisil assigned AAA/Stable to UltraTech new Rs 2,000 crore non-convertible debentures and reaffirmed AAA/Stable and A1+ ratings on existing debt and bank facilities. UltraTech, India largest cement maker, posted 14% YoY sales volume growth in FY26 with EBITDA per ton at Rs 1,103 versus Rs 915 in FY25. Net debt to EBITDA improved to 1.1 times from 1.5 times. Plans capex of about Rs 30,000 crore for 37 MTPA capacity addition over FY27-29.

Likely market impact

Top credit quality reaffirmed, supports low borrowing costs and signals strong financial health for growth plans