UltraTech Cement Limited has informed the Exchange about Transcript
ULTRACEMCO · price
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UltraTech Cement crossed 200 million tons of domestic cement production capacity in FY26, becoming the largest cement company outside China. Q4 saw consolidated sales volumes of 44 million tons with UltraTech brand growing 19% YoY. EBITDA per ton improved to INR1,296 (excluding acquired assets) vs INR1,225 in Q4 FY25. India Cements EBITDA reached INR497 per ton with 100% brand migration completed. The company recommended dividend of INR240 per share, stress-tested against retained earnings. Management committed to INR8,000-10,000 crores annual capex for the foreseeable future, with plans to reach 242.5 million tons capacity by FY28. Cost efficiency program has delivered INR185 per ton and is targeting INR300+ per ton by FY28. 43% of power needs now met from green sources with target of 85% by FY30. The company is targeting double-digit volume growth for FY27.
UltraTech demonstrates strong execution with ahead-of-schedule milestones and improving profitability. The balance sheet remains robust with net debt-EBITDA at 0.94x, enabling continued high capex while returning capital to shareholders. Near-term cost pressures from West Asia conflict are being managed through price increases and supply diversification.