profit from every ₹100 of sales.
₹0₹100
UltraTech Cement
₹12,362.00+0.71% today
+7.2% in 1 year
1-year low ₹10,362.001-year high ₹13,052.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹44.52 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What UltraTech Cement sold, what it kept, and what it did with the cash.
Sales went from ₹623 billion in 2023 to ₹885 billion in 2026, with ₹81.7 billion of profit last year.
SalesProfit
UltraTech Cement handed back 42% of the cash it generated last year.
₹22.7B
Free cash flow 2026₹56.4B
Bought back its own shares₹1.2B
Paid as dividends₹22.7B
Cash vs. debt₹3.5B vs. ₹237.6B
UltraTech Cement vs. similar companies
UltraTech Cement grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| UltraTech Cement | 44.5× · Expensive | ||
 Martin Marietta Materials | 32.8× · Expensive | ||
 Heidelberg Materials | 16.4× · Fair price | ||
 Grasim Industries | 43.1× · Expensive | ||
 Anhui Conch Cement | 11.7× · Cheap |
AI analysis
An AI analyst reads UltraTech Cement's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 623,376 | 698,095 | 759,551 | 885,115 | |
| 495,104 | 544,874 | 622,514 | 713,232 | |
| 75,772 | 96,683 | 85,425 | 123,758 | |
| 110,662 | 135,273 | 131,936 | 174,434 | |
| 50,640 | 70,050 | 60,391 | 81,656 | |
| 175.54 | 242.87 | 205.13 | – | |
| 79.4% | 78.1% | 82.0% | 80.6% | |
| 12.2% | 13.8% | 11.2% | 14.0% | |
| 8.1% | 10.0% | 8.0% | 9.2% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 913,870 | 1,008,020 | 1,336,972 | 1,413,761 |
| Cash | 3,704 | 5,536 | 4,672 | 3,545 |
| Total debt | 110,577 | 114,030 | 241,022 | 237,551 |
| Total liabilities | 370,068 | 405,186 | 598,038 | 606,636 |
| 543,245 | 602,275 | 707,068 | 766,235 | |
| 288 | 288 | 294 | – | |
| 9.4% | 10.9% | 7.3% | 9.6% | |
| 9.3% | 11.6% | 8.5% | 10.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 90,685 | 108,975 | 106,734 | 153,159 | |
| 62,001 | 90,056 | 91,293 | 96,778 | |
| 28,684 | 18,920 | 15,441 | 56,381 | |
| Dividends paid | 10,913 | 10,944 | 20,117 | 22,734 |
| 1,145 | 1,004 | 1,003 | 1,194 | |
| 356 | 431 | 516 | 520 |
Valuation
- 44.5×
- –
- –
- 4.4×
- 4.1×
- 64.5×
- 22.2×
- 1.6%
- 2.2%
- 0.6%
Profitability
- 80.6%
- 14.0%
- 9.2%
- –
- 9.6%
- 9.3%
- –
- –
- –
- –
Growth
- +12.4%
- –
- –
- –
- +0.7%
Financial health
- 1.3×
- 0.31
- –
- 6.8×
- 0.75
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 31%of 989
Top 36%of 958
Bottom 21%of 774
Top 26%of 935
Bottom 47%of 990
0.6%of the share price, paid each year
On $1,000 invested$6a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
27.8% of its profit
Room to growStretchedMore than it earns: 40.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
45No pass
Benjamin Graham
33No pass
Philip Fisher
48No pass
Peter Lynch
65Pass
Joel Greenblatt
9No pass
Charlie Munger
35No pass
Terry Smith
32No pass
Questions about UltraTech Cement
Is UltraTech Cement a good stock to buy?
A solid business, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the UltraTech Cement AI analysis
What does UltraTech Cement do?
UltraTech Cement Limited, together with its subsidiaries, engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka. It is in Building Materials, based in Mumbai, India.
Does UltraTech Cement pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 28% of its yearly profit. In 2026 it paid out ₹22.7 billion in dividends.
Is UltraTech Cement stock halal?
Yes. UltraTech Cement passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has UltraTech Cement stock done over the past year?
Up 7.2% over the past twelve months, to ₹12,362.00. It traded between ₹10,362.00 and ₹13,052.00 and is 5.3% below its high.
Who are UltraTech Cement's competitors?
The largest listed companies in the same industry are Martin Marietta Materials, Heidelberg Materials, Grasim Industries and Anhui Conch Cement. The peers table on this page compares their profit, growth and price with UltraTech Cement's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.