UltraTech Cement ULTRACEMCO
India's largest cement maker (~200 MTPA); entering wires & cables
Mapped in 2 themes: Nifty 50 and Real Estate.
Where UltraTech Cement sits in the supply chain
UltraTech Cement appears in 2 supply-chain layers in one theme, Real Estate.
Real Estate › Wires, cables & switchgear
Emerging entrantOther companies in this layer
Index membership
UltraTech Cement is in the Nifty 50 (NSE industry: Construction Materials).
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 70,908 | 75,955 | 88,512 |
| Net profit | 7,004 | 6,040 | 8,188 |
Latest-year revenue ₹88,512 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Q1 FY27 domestic volume up 13% with EBITDA of ₹1,214/t
- Scale and national reach; target 242.5 MTPA by FY28
- Acquisitions of India Cements and Kesoram add southern capacity
Risks
- Guided ₹130-140/t cost rise in Q2 FY27 from fuel and packaging
- Prices rose only ~1% YoY in Q1 FY27
- Wires & cables entry adds new execution risk
Common questions
What does UltraTech Cement do?
India's largest cement maker (~200 MTPA); entering wires & cables.
Where does UltraTech Cement sit in the supply chain?
UltraTech Cement (NSE: ULTRACEMCO) is mapped in 2 supply-chain layers: Cement (Real Estate); and Wires, cables & switchgear (Real Estate).
Who are UltraTech Cement's peers?
In the Cement layer of Real Estate: Ambuja Cements, Shree Cement, Dalmia Bharat and JK Cement.
What is UltraTech Cement's market cap and valuation?
As of 30 Oct 2026: market cap ₹3.24L Cr, P/E 36.5x, ROCE 12.7%, ROE 11.1%, dividend yield 2.17%.