NSE: ULTRACEMCO | BSE: 532538

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12508.00 -118.00 (-0.93%)

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NSE 19 Sep, 2025 3:31 PM (IST)

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UltraTech Cement Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ULTRACEMCO, BSE:532538 UltraTech Cement Ltd.

UltraTech Cement Ltd.

08 Aug 2019

12508.00

-0.93%

Healthy pricing drives margin expansion

Buy: UltraTech Cement Ltd.

Target

Motilal Oswal

Moderate volume growth amid healthy realizations: Consolidated volumes (including white cement) grew 2% YoY to 18.8mt in 1QFY20. Realizations grew 10% YoY. Net sales grew 13% YoY (-7% QoQ) to INR102b (v/s est. of INR90b). Cost/t remained flat YoY. Thus, EBITDA/t increased 57% QoQ to INR1,444/t. Consequently, EBITDA increased 60% YoY to INR27b (v/s est. of INR20b), with margin expanding 7.9pp YoY and 5.2pp QoQ to 26.6%. Due to...

UltraTech Cement Ltd. is trading below its 30 day SMA of 12574.2

UltraTech Cement Ltd.

08 Aug 2019

12508.00

-0.93%

Q1FY20 Result Update

Buy: UltraTech Cement Ltd.

Recommendation Target

Prabhudas Lilladhar

shutdown (leading to cost higher by Rs45/t) and lower volumes. Adjusted for preponement of maintenance cost, EBITDA came in line with our estimate. However, EBITDA came ahead of consensus estimates by 6%. Led by Rs100/t QoQ reduction in cost and higher realisations, EBITDA/t of Ultratech Nathdwara (UNCL- erstwhile Binani Cement) rose 45% QoQ to Rs1,200/t....

UltraTech Cement Ltd. is trading above its 200 day SMA of 11692.8

UltraTech Cement Ltd.

19 Jul 2019, 12:00AM

12508.00

-0.93%

UltraTechCement

Buy: UltraTech Cement Ltd.

Keynotes Financial Opiniery

It is one of the leading cement producers globally. Ultra Tech as a brand embodies strength'. Reliability' and innovation'. Together these attributes inspire engineers to stretch the limits of their imagination to create homes, building and structures that define the new India. The company has a consolidated capacity of...

Motilal Oswal increased Buy price target of UltraTech Cement Ltd. to 15200.0 on 09 Sep, 2025.

UltraTech Cement Ltd.

16 May 2019

12508.00

-0.93%

Model Trading Portfolio - UltraTech Cement Ltd

UltraTech Cement Ltd.

Edelweiss

Ultra Tech Cement is a part of the Aditya Birla group and the largest manufacturer of grey cement in India.

UltraTech Cement Ltd. is trading at high day volume of 571.7K.

UltraTech Cement Ltd.

26 Apr 2019

12508.00

-0.93%

UltraTechCement

Hold: UltraTech Cement Ltd.

Target

Arihant Capital

UltraTech Cement Ltd. is trading at high day volume of 571.7K.

UltraTech Cement Ltd.

26 Apr 2019

12508.00

-0.93%

UltraTech Cement

Buy: UltraTech Cement Ltd.

Target

ICICI Securities Limited

Industry utilisation levels on the cusp of improvement For FY19, the cement industry would have been expected to grow at 12%, with all four quarters growing at double digits. During the year, the industry witnessed incremental demand of ~38 MT being higher than the incremental supply of ~12 MT, which contributed to industry-level utilisation to cross 71%. Further, channel checks also suggest there have been price hikes to the tune of 3-5% across the spectrum. Asset ramp-up in full swing; Century deal to be closed soon...

Number of FII/FPI investors increased from 1162 to 1199 in Jun 2025 qtr.

UltraTech Cement Ltd.

25 Apr 2019

12508.00

-0.93%

UltraTech Cement (4QFY19): All round stellar performance. Maintain BUY

Buy: UltraTech Cement Ltd.

Recommendation Target

HDFC Securities

We estimate UTCEM consolidated EBITDA/PAT to grow at 26%/38% CAGR during FY19-21E, driven by its cost leadership, pricing and cost tailwinds. We recommend BUY with a TP of Rs 5,140 (15x its Mar-21E EBITDA). We ascribe premium valuations to the stock owing to UTCEM's capacity & cost leadership and robust balance sheet. Key risks: Delays in Century's cement biz acquisition, roll back in cement prices, and surge in energy costs (crude led). We recommend BUY on UltraTech (UTCEM) with a TP of Rs 5,140 (15x FY21E EBITDA). We ascribe premium valuations to the stock owing to UTCEMs capacity leadership (25% mkt share in India) and superior op profits outlook (Rs1000/MT+), and stable balance sheet.

UltraTech Cement Ltd. has an average target of 14099.27 from 11 brokers.

UltraTech Cement Ltd.

25 Apr 2019

12508.00

-0.93%

UltraTech Cement: Q4FY19 Result Review

Accumulate: UltraTech Cement Ltd.

Recommendation Target

IDBI Capital

UltraTech reported strong Q4FY19 numbers, owing to 15.4% YoY growth in volumes and controlled costs. EBITDA at Rs10.2bn is 17% above consensus estimates and 14% above our estimates. Key earnings highlight was faster turn-around of recently acquired Binani plants (UltraTech Nathdwara Cement Ltd) which reported EBITDA/mt of Rs830/mt. Only blemish in the result was flat realisations on QoQ basis despite increase in prices in various regions. Operating costs/mt declined by 1.6% YoY and 6.2% QoQ. EBITDA/mt as a result came at Rs1,039/mt against Rs 777 in Q3FY19 and Rs922 in Q4FY18. We believe that UltraTech will continue to deliver industry leading volume...

UltraTech Cement Ltd.'s price crossed below 30Day SMA today

UltraTech Cement Ltd.

25 Apr 2019

12508.00

-0.93%

Q4FY19 Result Update - Lower costs led the beat in earnings; Upgrade to Accumulate

Accumulate: UltraTech Cement Ltd.

Target

Prabhudas Lilladhar

21.3mn tonnes (t), in line with our estimate. This included 975kt of volumes bought out from UNCL. Realisations rose 2.4%/Rs112 YoY (Flat QoQ) to Rs4,852/t tad below our estimates of Rs4,910. Led by 6.5%/7.6% YoY lower energy/freight cost, Cost/t was restricted to Rs3,891 (PLe:Rs4,085), +0.2% YoY/Rs7. Benefitted by lower than expected costs, EBITDA rose 30% YoY to Rs20.5bn way ahead of our estimate of Rs17.8bn. Led by 32% increase in...

Number of MF schemes increased from 122 to 142 in Jun 2025 qtr.

UltraTech Cement Ltd.

25 Apr 2019

12508.00

-0.93%

Ultratech Cement

Results Update: UltraTech Cement Ltd.

SMC online

Operating margin (OPM) increased 561 bps to 21.39%, as a result, the operating profit (OP) went up by 59% to Rs 2331.47 crore. Other income up 31% to Rs 146.02 crore. Interest cost rose 67% to Rs 434.26 crore. Depreciation cost jumped 9% to Rs 547.49 crore. Thus, PBT went...

Number of MF schemes increased from 122 to 142 in Jun 2025 qtr.

Is UltraTech Cement Ltd. worth buying?

416 Votes:

Buy 72.6%

Sell 12.74%

Hold 14.66%

RESEARCH REPORTS

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Buy SEE REPORTS >

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