Valuation UltraTech Cement Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:05 13/03/2026 pm IST			5-day change	1st Jan Change
10,616.00 ^INR	-4.27%		-11.44%	-9.91%

13/03	Ultratech Cement gets tax order for tax demand of 10.9 million rupees, interest of 11.7 million rupees, penalty of 10.9 million rupees	RE
07/03	UltraTech Cement Limited Announces CEO Changes	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	19,43,520	19,04,620	21,98,321	28,10,347	33,17,041	31,22,944	-	-
Change	-	-2%	15.42%	27.84%	18.03%	-5.85%	-	-
Enterprise Value (EV) ¹	21,01,280	19,53,423	22,27,467	28,50,651	35,02,027	33,07,125	32,81,157	32,26,722
Change	-	-7.04%	14.03%	27.98%	22.85%	-5.57%	-0.79%	-1.66%
P/E ratio	35.6x	25.9x	43.4x	40.1x	56.1x	37.8x	28.7x	23.6x
PBR	4.4x	3.78x	4.05x	4.67x	4.8x	4.03x	3.64x	3.25x
PEG	-	0.8x	-1.4x	1x	-3.6x	1x	0.9x	1.1x
Capitalization / Revenue	4.35x	3.62x	3.45x	3.96x	4.37x	3.54x	3.16x	2.84x
EV / Revenue	4.7x	3.71x	3.49x	4.02x	4.61x	3.75x	3.32x	2.93x
EV / EBITDA	18.2x	17x	21x	22x	27.9x	19.7x	16x	13.4x
EV / EBIT	23.7x	22.2x	28.8x	29x	41x	27.1x	21x	17.1x
EV / FCF	19.9x	53.2x	77.7x	151x	227x	84.7x	51.7x	35.1x
FCF Yield	5.03%	1.88%	1.29%	0.66%	0.44%	1.18%	1.94%	2.85%
Dividend per Share ²	37	38	38	70	77.5	80.64	93.62	106.4
Rate of return	0.55%	0.58%	0.5%	0.72%	0.67%	0.76%	0.88%	1%
EPS ²	189.3	254.5	175.5	242.9	205.1	280.5	370.1	449.1
Distribution rate	19.5%	14.9%	21.6%	28.8%	37.8%	28.7%	25.3%	23.7%
Net sales ¹	4,47,258	5,25,988	6,37,431	7,09,081	7,59,551	8,82,640	9,87,775	11,00,367
EBITDA ¹	1,15,679	1,15,144	1,06,198	1,29,686	1,25,574	1,67,928	2,05,356	2,40,848
EBIT ¹	88,677	87,996	77,359	98,233	85,425	1,22,212	1,56,534	1,88,772
Net income ¹	54,631	73,443	50,640	70,050	60,391	82,478	1,08,803	1,32,984
Net Debt ¹	1,57,760	48,803	29,146	40,304	1,84,986	1,84,181	1,58,213	1,03,778
Reference price ²	6,737.95	6,602.30	7,622.15	9,749.15	11,509.55	10,616.00	10,616.00	10,616.00
Nbr of stocks (in thousands)	2,88,444	2,88,478	2,88,412	2,88,266	2,88,199	2,94,173	-	-
Announcement Date	07/05/21	29/04/22	28/04/23	29/04/24	28/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ULTRATECH CEMENT LIMITED	37.84x	3.75x	19.69x	0.76%	3.38TCr
CRH PLC	16.68x	2.03x	9.7x	1.56%	6.67TCr
MARTIN MARIETTA MATERIALS, INC.	28.93x	5.55x	16.18x	0.58%	3.52TCr
VULCAN MATERIALS COMPANY	28.55x	4.72x	15.2x	0.79%	3.47TCr
HEIDELBERG MATERIALS AG	13.33x	1.54x	7.11x	2.23%	3.25TCr
AMRIZE AG	20.92x	2.72x	10.31x	1.04%	3.05TCr
GRASIM INDUSTRIES LIMITED	416.17x	4.54x	107.24x	0.39%	1.88TCr
CHINA JUSHI CO., LTD.	30.97x	6.03x	16.87x	1.22%	1.52TCr
AMBUJA CEMENTS	28.26x	2.47x	14.06x	0.52%	1.14TCr
Average	69.07x	3.71x	24.04x	1.01%	3.1TCr
Weighted average by Cap.	50.60x	3.44x	19.34x	1.13%