Latest news with #UltraTechCementLimited
Business Upturn
a day ago
- Business
- Business Upturn
UltraTech Cement Q1 Results: Revenue rises 13% YoY to Rs 21,275.45 crore, Net profit up 49% YoY
UltraTech Cement Limited reported a strong performance for the quarter ended June 30, 2025 (Q1 FY26), with both its top line and bottom line showing double-digit growth on a year-on-year (YoY) basis, backed by higher volumes, better realisations, and operational efficiencies. The company's consolidated revenue for Q1 FY26 rose 13% YoY to ₹21,040 crore, compared to ₹18,626 crore in Q1 FY25. This growth was supported by an 8.7% YoY increase in domestic grey cement volumes (including India Cements), along with robust performance in ReadyMix Concrete (RMC), overseas operations, and building products. On the profitability front, net profit jumped 49% YoY to ₹2,226 crore, up from ₹1,495 crore in the same quarter last year. The growth in profitability was aided by improved realisations, cost optimisation, and higher contribution from premium products. EBITDA and margins The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew to ₹4,591 crore, up from ₹3,186 crore a year earlier, marking a 44% YoY increase. EBITDA margin improved significantly to 20.73%, compared to 16.82% in Q1 FY25, exceeding market expectations of around 19.6%. The improvement in EBITDA per metric tonne (₹1,198/Mt vs ₹911/Mt last year) was driven by better sales mix, lower logistics and fuel costs, and increased use of green and renewable power. Key business and operational highlights Grey cement domestic volumes (including India Cements) : 34.64 million tonnes, up 8.7% YoY. ReadyMix Concrete (RMC) : Revenue increased 23% YoY to ₹1,826 crore. Overseas revenues : Increased by 56.4% YoY to ₹941 crore. Premium product mix : Improved to 33.8%, up 41% YoY, contributing meaningfully to margins. Green power mix : Increased to 39.5%, with renewable power capacity reaching 1.08 GW and WHRS (Waste Heat Recovery System) at 363 MW. Clinker conversion ratio improved to 1.49 times from 1.44 last year. Cost and efficiency measures Logistics, fuel, and power costs declined YoY due to better operational efficiencies, reduced lead distances, higher clinker conversion rates, and a higher share of renewable power. Notably, fuel costs fell by 14% YoY, and logistics costs by 4% YoY. ESG and sustainability UltraTech continued to strengthen its ESG credentials: Achieved India's first-ever 7-Star Rating for sustainable mining at Naokari Limestone Mine. Received the FIPSA 2025 Responsible Packaging Award for sustainable cement packaging. Advanced its carbon capture initiatives through partnerships with IIT Madras and BITS Pilani. Capacity expansion and outlook UltraTech continues to execute its capacity expansion plans, targeting a grey cement capacity of 212.2 mtpa in India by FY27, up from 183.4 mtpa in FY25. The company is also investing in energy efficiency, process optimisation, and safety improvements to sustain growth and margins. Disclaimer: The information provided above is for informational purposes only and should not be construed as financial or investment advice. Stock market investments are subject to market risks. Please consult a financial advisor or conduct your own research before making any investment decisions. Neither the author nor the publisher is responsible for any losses incurred based on this information.
Hans India
09-07-2025
- Business
- Hans India
Two UltraTech Limestone Mines in Andhra Pradesh awarded 5-Star ratings by Indian Bureau of Mines, Ministry of Mines
Thirteen of UltraTech Cement Limited's Limestone Mines were recognised for excellence in sustainable mining by the Indian Bureau of Mines, Ministry of Mines, for FY 2023-24 at an award ceremony held on 7th July 2025 in Jaipur, Rajasthan. Of the mines that won the prestigious 5-Star recognition, one was the Budawada Limestone Mine, part of Balaji Cement Works, UltraTech's Integrated Manufacturing Unit located in NTR District, Andhra Pradesh. Balaji Cement Works' efforts towards water harvesting within their mining area, green belt development, community engagement, and their adoption of 7 neighbouring villages all helped set the unit apart from others. The unit has also supported neighbouring villages through relief services during flash floods in the region, and undertaken comprehensive reconstruction initiatives such as the building of cement roads and repair of electrical infrastructure. The other mine that won the prestigious 5-Star recognition was the Tummalapenta Limestone Mine, part of Andhra Pradesh Cement Works, UltraTech's Integrated Manufacturing Unit located in Anantapur District, Andhra Pradesh. This marks the third consecutive year the unit has won the prestigious 5-Star recognition. Andhra Pradesh Cement Works' efforts towards water harvesting within their mining area, green belt development, community engagement, and their adoption of several close by villages all helped set the unit apart from others. Twelve of UltraTech's Limestone mines received a 5-Star rating, and one was conferred the highest distinction of being awarded a 7-star rating for exceptional work towards 'Green Mining', making it the only mine conferred with a 7-star rating in the limestone mining category in the country. At the programme marking the event, the Honourable Union Minister of Coal and Mines, Mr. G. Kishan Reddy, felicitated UltraTech, India's largest cement and Ready-Mix Concrete (RMC) company, for the outstanding achievements of these mines towards sustainable development and operation for the performance year 2023–24. The felicitation ceremony was also graced by Mr. Bhajan Lal Sharma, the Chief Minister of Rajasthan. UltraTech's endeavours in driving excellence in mining are in line with the Indian Bureau of Mines' goals towards sustainable, green mining, efficient operations, and technology-driven mineral processing. UltraTech holds the distinction of being accorded a 5-star rating for the highest number of mines across all categories of Minerals (Limestone, Iron Ore, Bauxite, Lead Zinc, Manganese) in the reporting year FY 2023-24, for the second consecutive year. Conceptualised by the Ministry of Mines, the Star ratings are based on adoption of best practices for exhaustive and universal implementation of Sustainable Development Framework in mining. 7-star and 5-star ratings, highest in the rating scheme, are given to mines that perform exceptionally well and best on parameters such as scientific and efficient mining, compliance of approved production, zero waste mining, environment protection, steps taken for progressive and final mine closure, green energy sourcing, land, adoption of international standards, local community engagement and welfare programmes, resettlement, and other social impacts. Below is the list of UltraTech's mines which were felicitated for the reporting year FY 2023-24: UltraTech Limestone Mine awarded for FY 2023-24 UltraTech Unit in which the mine is located Number of Consecutive 5-Star and above ratings Naokari Limestone Mine Awarpur Cement Works, Chandrapur, Maharashtra 9 Kovaya Limestone Mine Gujarat Cement Works, Amreli, Gujarat 9 Baga - Bhalag Limestone & Shale Mine Baga Cement Works, Solan, Himachal Pradesh 5 Manikgarh Cement Limestone Mine Manikgarh Cement Works, Chandrapur, Maharashtra 4 Aditya Limestone Mine Aditya Cement Works, Chittorgarh, Rajasthan 3 Tummalapenta Limestone Mine Andhra Pradesh Cement Works, Anantapur district, Andhra Pradesh 3 Narmada Cement Limestone Mine Narmada - Jafrabad Cement Works, 3 Sitapuri Limestone Mine Dhar Cement Works, Dhar, Madhya Pradesh 2 Paraswani Limestone Mine Hirmi Cement Works, Baloda Bazar – Bhatapara, Chhattisgarh 2 Rajashree Cement Limestone Mine Rajashree Cement Works, Gulbarga, Karnataka 2 Kharai-Harudi Limestone Mine Sewagram Cement Works, Kutch, Gujarat 1* Vikram Cement Limestone Mine Vikram Cement Works, Neemuch, Madhya Pradesh 1 Budawada Limestone Mine Balaji Cement Works, Krishna, Andhra Pradesh 1 * Sewagram Cement Works' two limestone mines (Kharai-Harudi Limestone Mine and Harudi -Kharai Limestone Mine) have together received nine 5-Star Ratings by Bureau of Indian Mines since the award's inception.
Business Insider
29-06-2025
- Business
- Business Insider
New Sell Rating for UltraTech Cement Limited (ULTRACEMCO), the Basic Materials Giant
In a report released on June 27, Sumangal Nevatia from Kotak Mahindra maintained a Sell rating on UltraTech Cement Limited (ULTRACEMCO – Research Report), with a price target of INR7,350.00. The company's shares closed last Friday at INR12,213.00. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Nevatia covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. According to TipRanks, Nevatia has an average return of 1.3% and a 50.00% success rate on recommended stocks. Currently, the analyst consensus on UltraTech Cement Limited is a Strong Buy with an average price target of INR13,158.50.
