UltraTech Cement Ltd

The growth was supported by robust volume growth, improved realizations, and strong cost efficiencies. Net sales stood at Rs 25,467 crore for the quarter, reflecting an 11.76% increase from Rs 22,788 crore in the same period last year. The company reported profit before exceptional items and tax of Rs 3,992.85 crore in Q4 FY26, compared to Rs 3,120.96 crore recorded in the same period a year ago. The firm reported exceptional items of Rs 10.94 crore during the quarter. Profit before interest, depreciation, and tax (PBIDT) stood at Rs 5,688 crore in Q4 FY26, registering growth of 20.48% from the Rs 4,721 crore reported in Q4 FY25. Operating margin expanded to 22%, a 200-basis point improvement year-on-year. UltraTech's operational performance remained strong across segments. Grey cement sales volume in India rose 9.3% YoY to 42.41 million tonnes, supported by sustained demand from housing, infrastructure, and commercial construction sectors. Capacity utilisation improved to 89%, underscoring healthy demand conditions. Operating PBIDT per tonne improved 11% YoY to Rs 1,253, supported by contributions from India Cements operations under the UltraTech brand. On the cost front, cost optimisation initiatives continued to deliver results. Energy costs declined 3% YoY, aided by a higher green power mix, which increased to 43% from 34.4% last year, along with improved alternative fuel usage and better operational efficiency. Total cost per tonne fell 2% YoY, despite external pressures from geopolitical tensions in West Asia, which impacted fuel, freight, and packaging costs. The company's diversified sourcing and procurement strategy helped mitigate these headwinds. White cement and value-added products also delivered strong performance, with white cement volumes growing 15.3% YoY in Q4 FY26. During the year, UltraTech expanded its installed capacity to around 197 MTPA and has since crossed the 200 MTPA milestone, driven by greenfield and brownfield expansions at Shahjahanpur, Patratu, and Visakhapatnam. The company incurred Rs 9,600 crore in capex during FY26 and plans to invest Rs 16,000 crore over the next three years to expand capacity beyond 240 MTPA. Its upcoming cables and wires business is progressing as planned, with civil work underway and commissioning targeted for Q3 FY27, marking a strategic diversification for the company. UltraTech's total capital employed now exceeds Rs 1,07,000 crore, while net debt-to-EBITDA improved to 0.94x as of March 31, 2026, reflecting strong financial discipline. On a full-year basis, the company's consolidated net profit jumped 35.21% to Rs 8,165.64 crore on a 16.53% rise in revenue to Rs 88,511.53 crore in FY26 over FY25. UltraTech's net debt at the end of FY26 was Rs 16,620 crore, a reduction from the Rs 17,669 crore reported at the end of FY25. Meanwhile, the board has recommended a special dividend of 2400%, equivalent to Rs 240 per equity share of face value Rs 10 each for FY26, subject to approval of the members at the ensuing annual general meeting (AGM). UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third-largest cement producer in the world, outside of China, with a consolidated gray cement capacity of 154.86 mtpa.

UltraTech Cement announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 240 per equity Share (i.e. 2400%) , subject to the approval of the shareholders.

Net profit of UltraTech Cement rose 20.17% to Rs 2982.76 crore in the quarter ended March 2026 as against Rs 2482.04 crore during the previous quarter ended March 2025. Sales rose 11.86% to Rs 25799.47 crore in the quarter ended March 2026 as against Rs 23063.32 crore during the previous quarter ended March 2025. For the full year,net profit rose 35.21% to Rs 8165.64 crore in the year ended March 2026 as against Rs 6039.11 crore during the previous year ended March 2025. Sales rose 16.53% to Rs 88511.53 crore in the year ended March 2026 as against Rs 75955.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales25799.4723063.32 12 88511.5375955.13 17 OPM %21.7019.98 -19.2116.52 - PBDT5199.584234.76 23 15710.2011640.51 35 PBT3991.483110.19 28 11065.747625.56 45 NP2982.762482.04 20 8165.646039.11 35 Powered by Capital Market - Live

The three new cement grinding units, which are located in Shahjahanpur (Uttar Pradesh), Patratu (Jharkhand), and Vizag (Andhra Pradesh), have been strategically positioned to strengthen regional supply, serving North India's booming construction corridor, the industrial heartland of Jharkhand, and the rapidly urbanising coastal belt of Andhra Pradesh. With the commissioning of these units, the company's installed cement manufacturing capacity in India has risen to 200.1 MTPA. Alongwith its overseas capacity of 5.4 mtpa, the UltraTech's global capacity stands at 205.5 MTPA. The company now ranks as the world's largest cement company by sales volume and is also the largest single-country cement manufacturer globally (excluding China). UltraTech's next phase of expansion is already underway. The projects currently underway, backed by a capex of over Rs 16,000 crore, will take the company's consolidated cement manufacturing capacity to 240-plus MTPA. UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company's domestic grey cement capacity stood at 188.66 MTPA. Including its 5.4 MTPA cement capacity in the UAE, UltraTech's total global cement capacity has reached 194.06 MTPA. The company reported a 26.92% jump in consolidated net profit to Rs 1,725.40 crore on 22.78% increase in revenue from operations to Rs 21,829.68 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.50% to end at Rs 11887.30 on the BSE on Friday.

UltraTech Cement has commissioned 8.7 mtpa of cement capacity as detailed below: - 2.7 mtpa cement grinding unit at Shahjahanpur, Uttar Pradesh - 3.0 mtpa cement griding unit at Visakhapatnam, Andra Pradesh - 3.0 mtpa cement griding unit at Patratu, Jharkhand Consequent to the above, the Company's total domestic grey cement manufacturing capacity now stands augmented to 200.1 mtpa. Along with its overseas capacity of 5.4 mtpa, the Company's global capacity stands at 205.5 mtpa. The Company ranks as the world's largest cement company by sales volume and is also the largest single-country cement manufacturer globally (excluding China).

The board has also approved Jayant Dua's appointment as additional director; managing director and key managerial personnel of the company, effective 01 January 2027, upon completion of the term of K. C. Jhanwar as managing director on 31 December 2026. Jayant Dua's term as managing director would be for four years beginning 01 January 2027 to 31 December 2030, subject to approval of the company's shareholders. Dua is a seasoned leader with 37 years of experience. He joined the Aditya Birla Group in 1996 in its Cement Business and spent a decade across functional and business leadership roles. Over the last two decades, he has held multiple P&L and CEO responsibilities, building and scaling businesses across diverse industries such as Insulators, Insurance, Century Cement and Chlor-Alkali. In 2023, he was elevated as the Business Head ' Renewables and Textiles. Dua holds an Engineering Degree from IIT Delhi, MBA from International Management Institute and has completed the Advanced Management Program from Harvard Business School. UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company's domestic grey cement capacity stood at 188.66 MTPA. Including its 5.4 MTPA cement capacity in the UAE, UltraTech's total global cement capacity has reached 194.06 MTPA. The company reported a 26.92% jump in consolidated net profit to Rs 1,725.40 crore on 22.78% increase in revenue from operations to Rs 21,829.68 crore in Q3 FY26 over Q3 FY25. The scrip had advanced 1.53% to end at Rs 12290.90 on the BSE on Friday. Powered by Capital Market - Live

The board of UltraTech Cement at its meeting held on 06 March 2026 has approved the appointment of Jayant Dua as Managing Director (Designate) of the Company with effect from 1 April 2026. He will be a Senior Management Personnel from the said date. The Board also approved Dua's appointment as Additional Director; Managing Director and Key Managerial Personnel of the Company effective 1 January 2027, upon completion of the term of K. C. Jhanwar as Managing Director on 31 December 2026. Dua's term as Managing Director would be for 4 (four) years beginning 1 January 2027 to 31 December 2030, subject to approval of the Company's shareholders. Dua is a seasoned leader with 37 years of experience. He joined the Aditya Birla Group in 1996 in its Cement Business and spent a decade across functional and business leadership roles. Over the last two decades, he has held multiple P&L and CEO responsibilities, building and scaling businesses across diverse industries such as Insulators, Insurance, Century Cement and Chlor-Alkali. In 2023, he was elevated as the Business Head ' Renewables and Textiles.Powered by Capital Market - Live

UltraTech Cement will hold a meeting of the Board of Directors of the Company on 27 April 2026.Powered by Capital Market - Live

UltraTech Cement has granted 1,521 stock options under ESOS on 03 February 2026. Powered by Capital Market - Live

Pursuant to the implementation of the new labour code in the country with effect from 21st November, 2025, the company has recognised Rs 88 crore as an exceptional expense towards additional Gratuity and Leave Encashment obligations. Excluding the impact of labour code, profit after tax (PAT) jumped 32% YoY to Rs 1,792 crore during the quarter. Profit before tax (PBT) increased 34.99% YoY to Rs 2,283 crore in Q3 FY26. EBITDA stood at Rs 4,051 crore in Q3 FY26, registering the growth of 28.93% compared with Rs 3,142 crore posted in Q3 FY25. Consolidated cement sales volume stood at 38.87 mtpa, registering a 15% YoY growth. Domestic grey cement capacity volumes increased 15.4% YoY to 36.37 million tonnes per annum (MTPA). Overall capacity utilisation improved to 77% for the quarter, compared to 72% during the same period last year. UltraTech recorded a 29.4% growth in domestic grey cement volumes, excluding the sales volumes of India Cements and Kesoram from the corresponding previous period, as these entities were not part of the company for the entire period. 'UltraTech' as a Cement brand grew 22.3% with the rapid improvement of quality of product from these acquired assets and integration of its marketing and logistics. Operating EBITDA per ton improved to Rs 1,051 excluding India Cements, improving from Rs 911/mt over the previous year. During the quarter, the company incurred capex of Rs 2,357 crore as part of its ongoing expansion programme and has reduced its net debt-to- EBITDA of 1.08x reflecting strong operating cash flows. UltraTech along with its subsidiary, India Cements, has initiated the next phase of its expansion, to add 22.8 mtpa of capacity, through a mix of brownfield and greenfield projects and work is progressing as scheduled. Post completion of this phase of expansion, the company will reach a capacity of 240.76 mtpa. The company also said that its cables and wires business is on track, with critical orders placed, civil work on the project site in progress and key team members being onboarded. It remains confident of meeting the committed launch timeline of Q3 FY27. UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company's domestic grey cement capacity stood at 188.66 mtpa. Including its 5.4 mtpa cement capacity in the UAE, UltraTech's total global cement capacity has reached 194.06 mtpa.Powered by Capital Market - Live