UltraTech Cement share price
NSE: ULTRACEMCOBSE: 532538Cement & Cement ProductsLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹10,958.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹3,25,620 Cr22nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 19 Oct 2026
- 37.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 Oct 2026
- 4.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.17%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 19 Oct 2026
- 12.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 19 Oct 2026
- 12.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 19 Oct 2026
- 0.37
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,03,53253.1% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 19 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹23,295 Crdown 5.49%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,501 Crdown 42.34%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.4%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2025, the company's revenue for that year, ₹75,955 Cr, differs from its quarters added, ₹73,961 Cr.
| ₹ crore | Dec 2024Filed 23 Jan | Mar 2025Filed 12 Jun | Jun 2025Filed 21 Jul | Sep 2025Filed 18 Oct | Dec 2025Filed 24 Jan | Mar 2026Filed 27 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 19 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17,193 | 23,063 | 21,275 | 19,607 | 21,830 | 25,799 | 24,648 | 23,295 |
| Net profit | 1,474 | 2,475 | 2,221 | 1,238 | 1,729 | 3,000 | 2,604 | 1,501 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 8.6% | 10.7% | 10.4% | 6.3% | 7.9% | 11.6% | 10.6% | 6.4% |
The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹75,955 Cr, differs from its quarters added, ₹73,961 Cr.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing, marketing and distribution of building materials and providing complete building solutions and support services, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 36% of 2,225 trading days over the last 10 years.
At or below today's level on 51% of 1,899 trading days since Oct 2018.
At or below today's level on 36% of 1,899 trading days since Oct 2018.
At or below today's level on 99% of 2,455 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −4.4% | +35.2% | −31.0% | 2.2% |
| 3 years | +13.3% | +16.5% | −3.7% | 1.2% |
| 5 years | +10.7% | +7.9% | +1.7% | 0.9% |
Mutual funds holding it
452 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 179 of the 234 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 121
- CutCut. Funds that held fewer shares than at the end of the month before.
- 113
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 209
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 13
| Fund | |||
|---|---|---|---|
 SBI Nifty 50 ETFSBI Mutual Fund | 22,95,807 | 1.24% | ₹2,515.3 Cr |
 ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 20,37,703 | 2.92% | ₹2,232.5 Cr |
| SBI BSE Sensex ETFSBI Mutual Fund | 15,83,581 | 1.50% | ₹1,738.0 Cr |
 Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 13,75,000 | 2.84% | ₹1,506.5 Cr |
| ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 9,33,155 | 3.23% | ₹1,022.4 Cr |
 HDFC Flexi Cap FundHDFC Mutual Fund | 8,63,185 | 0.87% | ₹945.7 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 7,87,308 | 1.24% | ₹862.6 Cr |
| ICICI Prudential Value FundICICI Prudential Mutual Fund | 7,48,064 | 1.43% | ₹819.6 Cr |
| UTI BSE Sensex ETFUTI Mutual Fund | 7,46,328 | 1.50% | ₹819.1 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 7,36,985 | 1.24% | ₹807.4 Cr |
Peers and competitors
Cement & Cement Products, 38 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to UltraTech Cement in market cap. 2 companies in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Ambuja CementsAMBUJACEM | 89,180 | – | 1.5 | 14.3 | +7.7% | – | – | 3.4% | 0.56% |
 Shree CementSHREECEM | 82,030 | 50.3 | 3.5 | 18.2 | +12.6% | +9.6% | 7.3% | 7.0% | 0.66% |
 JK CementJKCEMENT | 37,506 | 39.7 | 5.3 | 18.5 | +15.9% | −5.5% | 14.4% | 12.6% | 0.41% |
 Dalmia BharatDALBHARAT | 29,847 | 32.0 | 1.7 | 12.1 | +7.6% | −0.2% | 5.3% | 6.5% | 0.57% |
 ACCACC | 21,772 | 11.4 | 1.1 | 8.1 | +11.8% | −21.1% | 9.8% | 7.3% | 0.65% |
 The Ramco CementsRAMCOCEM | 17,471 | 27.1 | 2.2 | 15.7 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% |
 JSW CementJSWCEMENT | 15,949 | 21.0 | 2.4 | 16.1 | – | – | 11.6% | 8.2% | 0.43% |
 Nuvoco Vistas CorporationNUVOCO | 11,808 | 28.5 | 1.2 | 8.6 | +10.6% | +52.0% | 4.4% | 6.6% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 30 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹240.00 |
| 25 Jul 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹77.50 |
| 30 Jul 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹70.00 |
| 27 Jul 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹38.00 |
| 2 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹38.00 |
| 2 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹37.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Management
19 Oct · Management
19 Oct · Board meeting
UltraTech Cement share price by year
Each calendar year to 2025.UltraTech Cement share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 11,784.00 | +3.1% | 12,874.00 | 10,128.45 |
| 2024 | 11,426.35 | +8.8% | 12,083.90 | 9,363.95 |
| 2023 | 10,503.05 | +50.9% | 10,503.05 | 6,705.10 |
| 2022 | 6,959.05 | −8.3% | 7,870.10 | 5,177.30 |
| 2021 | 7,591.05 | +43.5% | 8,214.05 | 5,290.80 |
| 2020 | 5,288.15 | +30.7% | 5,354.75 | 3,018.10 |
| 2019 | 4,046.05 | +1.4% | 4,841.05 | 3,374.45 |
| 2018 | 3,990.95 | −7.6% | 4,545.10 | 3,343.65 |
| 2017 | 4,320.60 | +32.9% | 4,485.15 | 3,279.45 |
| 2016 | 3,250.20 | +16.9% | 4,115.35 | 2,617.65 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 10,958.00 | 11,050.00 | 10,802.00 | 11,050.00 | 10,912.97 | 3,03,532 | 53.1% |
| 22 Oct 2026 | 10,815.00 | 10,976.00 | 10,651.00 | 10,958.00 | 10,862.68 | 1,72,266 | 34.3% |
| 21 Oct 2026 | 10,822.00 | 10,959.00 | 10,717.00 | 10,849.00 | 10,838.62 | 3,95,978 | 44.4% |
| 19 Oct 2026 | 10,925.00 | 11,219.00 | 10,551.00 | 10,650.00 | 10,878.17 | 6,09,128 | 38.7% |
| 16 Oct 2026 | 10,920.00 | 10,985.00 | 10,774.00 | 10,907.00 | 10,904.40 | 1,82,520 | 52.2% |
| 15 Oct 2026 | 10,764.00 | 10,906.00 | 10,715.00 | 10,862.00 | 10,821.36 | 3,49,518 | 54.9% |
| 14 Oct 2026 | 10,741.00 | 10,855.00 | 10,650.00 | 10,795.00 | 10,783.84 | 3,00,764 | 62.3% |
| 13 Oct 2026 | 10,575.00 | 10,750.00 | 10,466.00 | 10,750.00 | 10,606.63 | 1,94,184 | 38.1% |
| 12 Oct 2026 | 10,694.00 | 10,759.00 | 10,426.00 | 10,520.00 | 10,625.63 | 2,20,407 | 58.6% |
| 9 Oct 2026 | 10,485.00 | 10,684.00 | 10,479.00 | 10,675.00 | 10,613.46 | 1,57,341 | 54.9% |
About UltraTech Cement
UltraTech Cement Limited makes grey cement, white cement and ready-mix concrete, and sells building products including wall care products, waterproofing and tile adhesives. Its customers range from individual home builders to large customers executing infrastructure projects such as expressways, metro lines and airports. By sales volume and capacity, it is the largest cement company in the world outside China.
Its cement range includes ordinary Portland, Portland Pozzolana, Portland Slag and composite cement. Its sales network includes more than 41,000 dealers and 1,15,000 retailers. Concrete comes from 465 ready-mix concrete plants in 167 cities. Building materials are sold through UltraTech Building Solutions, a retail network of more than 5,500 stores in 23 states, which began in 2007.
The company operates in India, the UAE, Bahrain and Sri Lanka. In India it serves more than 30,000 destinations and runs more than 1,350 warehouses. Its cement capacity reached 150 million tonnes a year by 2024 and passed 200 million tonnes in April 2026. Its registered office is in Mumbai.
It was incorporated in 2000 and is the cement company of the Aditya Birla Group. Wall care putty was launched in 2001 and the UltraTech brand in 2004. In 2010, all of the group's cement businesses were brought under a single entity. In the year to March 2026, the company completed the integration of the cement assets of India Cements and Kesoram Industries, which together represent 26.3 million tonnes a year of capacity.
- Legal name
- UltraTech Cement Limited
- NSE symbol
- ULTRACEMCO
- BSE code
- 532538
- ISIN
- INE481G01011
- Industry
- Cement & Cement Products
- Listed
- Aug 2004
- Face value
- ₹10
- CIN
- L26940MH2000PLC128420
- Corporate identity number, the registrar of companies' code for it