Let’s talk about UltraTech Cement – a big player in making cement in India. They’re not just about numbers; there’s a story behind it. UltraTech makes different types of cement that are crucial for building stuff like houses and roads.
Cement is a big deal, not just in India but everywhere. It’s like the backbone of construction, affecting how cities grow and buildings get made. This article isn’t just about money; it’s about understanding why UltraTech wants to reach a big goal – a price target of 100k.
About UltraTech Cement
UltraTech Cement, a major player in the cement industry, is dedicated to manufacturing and selling cement and related products, primarily in India. With an impressive manufacturing capacity of 114 million metric tons per annum (mtpa) in India, the company operates at a utilization rate of 77%.
Leading the pack, UltraTech Cement holds the title of the largest cement company in India and the third-largest globally (excluding China). It proudly stands as the only cement producer outside of China with a manufacturing capacity exceeding 100 million metric tons per annum in a single country.
Under its umbrella of brands, including Ultratech Cement, Ultratech Concrete, Ultratech Building Products, Ultratech Building Solutions, and Birla White Cement, the company offers a diverse range of products.
UltraTech Cement’s commitment to excellence is evident in its unparalleled manufacturing capabilities, market leadership, diverse product offerings, and a robust distribution network that collectively solidify its standing in the global cement industry.
Recent News Around UltraTech Cement
UltraTech Cement Q3 and Q2 Fy2024 Key Points And Summary:
- Achieved a Green Power Mix of 24.1%, marking a notable 21% YoY improvement, with contributions from a 16.1% WHRS power mix and a 7.9% RE Power Mix.
- Rural sales, constituting 64% of trade, experienced a commendable 5% growth during the quarter.
- UBS outlets increased to 3,609, contributing to 26% of trade sales volume.
- UltraTech Cement witnessed a robust 5% YoY growth in domestic sales volume, achieving a commendable 77% capacity utilization rate.
- Operating EBITDA/Mt for India Operations reached ₹1208, showcasing an impressive 34% YoY improvement and a significant 27% QoQ increase.
- Recorded the highest-ever Profit after Tax of Rs 1,777 Crores, reflecting a remarkable 68% YoY and a substantial 39% QoQ increase.
UltraTech Cement Share Price Target 2024 To 2030
UltraTech Cement Share Price Target 2024
When | Maximum Price | Minimum Price |
January 2024 | ₹11,050.35 | ₹9,609.00 |
February 2024 | ₹11,275.87 | ₹9,805.10 |
March 2024 | ₹11,505.99 | ₹10,005.21 |
April 2024 | ₹11,170.86 | ₹9,713.79 |
May 2024 | ₹11,005.77 | ₹9,570.24 |
June 2024 | ₹11,401.98 | ₹9,914.77 |
July 2024 | ₹11,287.96 | ₹9,815.62 |
August 2024 | ₹11,739.48 | ₹10,208.24 |
September 2024 | ₹12,209.06 | ₹10,616.57 |
October 2024 | ₹11,969.67 | ₹10,408.41 |
November 2024 | ₹12,328.76 | ₹10,720.66 |
December 2024 | ₹12,636.98 | ₹10,988.67 |
UltraTech Cement Surya Roshni Share Price Target 2025
when | Maximum Price | Minimum Price |
January 2025 | ₹12,889.72 | ₹9,915.17 |
February 2025 | ₹13,220.22 | ₹10,169.40 |
March 2025 | ₹13,735.81 | ₹10,566.01 |
April 2025 | ₹13,466.48 | ₹10,358.83 |
May 2025 | ₹13,074.25 | ₹10,057.12 |
June 2025 | ₹13,662.59 | ₹10,509.69 |
July 2025 | ₹13,394.70 | ₹10,303.62 |
August 2025 | ₹13,808.97 | ₹10,622.28 |
September 2025 | ₹14,292.28 | ₹10,994.06 |
October 2025 | ₹14,663.88 | ₹11,279.91 |
November 2025 | ₹15,030.48 | ₹11,561.91 |
December 2025 | ₹15,406.24 | ₹11,850.95 |
UltraTech Cement Share Price Target 2026 To 2030
Year | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
2026 | ₹16,176.55 | ₹11,323.59 |
2027 | ₹17,794.21 | ₹12,455.95 |
2028 | ₹24,911.89 | ₹12,455.95 |
2029 | ₹21,568.74 | ₹10,784.37 |
2030 | ₹28,039.36 | ₹19,627.55 |
In the foreseeable future, UltraTech Cement’s share price is poised for a trajectory of dynamic growth, reflecting the industry’s potential and the company’s strategic positioning. Commencing in 2026, the expected price ranges from ₹11,323.59 to ₹16,176.55, marking a steady ascent driven by increasing demand, infrastructural development, and economic optimism. As the years progress, the expected price continues to rise, reaching ₹28,039.36 in 2030, indicative of a robust long-term outlook.
UltraTech Cement’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Sales + | 41,462 | 42,430 | 44,726 | 52,599 | 63,240 | 69,152 |
Expenses + | 34,115 | 33,184 | 33,158 | 41,084 | 52,620 | 56,974 |
Operating Profit | 7,347 | 9,246 | 11,568 | 11,514 | 10,620 | 12,177 |
OPM % | 18% | 22% | 26% | 22% | 17% | 18% |
Other Income + | 350 | 651 | 619 | 669 | 507 | 617 |
Interest | 1,778 | 1,992 | 1,486 | 945 | 823 | 898 |
Depreciation | 2,451 | 2,723 | 2,700 | 2,715 | 2,888 | 3,092 |
Profit before tax | 3,468 | 5,183 | 8,001 | 8,524 | 7,416 | 8,804 |
Tax % | 31% | -11% | 32% | 14% | 32% | |
Net Profit + | 2,400 | 5,751 | 5,462 | 7,334 | 5,073 | 6,415 |
EPS in Rs | 87.51 | 199.4 | 189.26 | 254.42 | 175.41 | 222.14 |
Dividend Payout % | 13% | 7% | 20% | 15% | 22% |
Over the last five years, UltraTech Cement has exhibited a mixed financial performance, marked by notable trends in key financial indicators. The revenue trajectory showcases a consistent growth, rising from ₹41,462 crores in March 2019 to ₹69,152 crores in the trailing twelve months (TTM) ending March 2023. However, this upward trend in sales is mirrored by an increase in expenses, reflecting the expanding scale of operations and potential challenges in cost management.
The operating profit margin (OPM) witnessed fluctuations, reaching its peak at 26% in March 2021, but subsequently declined to 18% in the TTM ending March 2023. This fluctuation suggests potential challenges in maintaining operational efficiency and profitability.
While the Profit Before Tax (PBT) exhibited growth, reaching ₹8,804 crores in the TTM ending March 2023, the Net Profit witnessed fluctuations, touching ₹7,334 crores in March 2022 but decreasing to ₹6,415 crores in the TTM ending March 2023. The volatility in net profit may be attributed to changes in operating efficiency, interest costs, and taxation.
Earnings Per Share (EPS) witnessed a significant increase from ₹87.51 in March 2019 to ₹222.14 in the TTM ending March 2023, indicating improved earnings attributable to shareholders. The dividend payout percentage has seen variations, ranging from 7% to 22%, reflecting the company’s approach towards rewarding shareholders.
In summary, UltraTech Cement’s financial condition over the past five years illustrates growth in revenue, challenges in maintaining operational efficiency, and fluctuations in net profit. Prudent financial management, cost control measures, and strategic planning will be crucial for UltraTech Cement to navigate potential challenges and sustain its growth trajectory in the future.
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