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Informist, Monday, Jul. 20, 2026

 

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--UltraTech Apr-Jun consol net profit INR 25.99 bln
--Analysts saw UltraTech Apr-Jun consol net profit INR 25.04 bln
--UltraTech Apr-Jun consol revenue INR 246.48 bln
--Analysts saw UltraTech Apr-Jun consol revenue INR 240.75 bln
--UltraTech Apr-Jun consol net profit INR 25.99 bln vs INR 22.26 bln yr ago
--UltraTech Apr-Jun consol revenue INR 246.48 bln vs INR 212.75 bln year ago
--UltraTech Apr-Jun consol operating margin 21%, unch on year
--UltraTech Apr-Jun consol EBITDA INR 51.46 bln vs INR 45.91 bln year ago
--UltraTech Q1 consol cost of raw materials INR 41.29 bln vs 34.33 bln yr ago
--UltraTech Q1 consol cost of raw materials INR 41.29 bln vs INR 34.33 bln
--UltraTech Apr-Jun domestic sales volume up 13.1% on year
--UltraTech Apr-Jun domestic sales volume 39.2 mln tn, up 13.1% on year
--UltraTech Q1 consol freight costs INR 52.11 bln vs INR 46.49 bln year ago
--UltraTech Apr-Jun operating EBITDA/tn INR 1,214 vs INR 1,198 year ago
--UltraTech Q1 consol power, fuel costs INR 54.19 bln vs INR 48.62 bln yr ago
--UltraTech Apr-Jun consol sales volume 41.31 mln tn, up 12.2% on year
--UltraTech: Expect to add capacity of 15.9 mln tonnes per annum in FY27
--UltraTech: Expect to add capacity of 29.8 mln tonnes per annum in FY28
--UltraTech Apr-Jun India grey cement sales realisation INR 5,218/tn
--UltraTech Q1 India grey cement sales realisation up 1.1% YoY, up 3.7% QoQ
--UltraTech Apr-Jun domestic grey cement sales INR 204.37 bln, up 19.7% YoY
--UltraTech Apr-Jun ready mix concrete sales INR 22.35 bln, up 22.4% YoY
--UltraTech Apr-Jun India white cement sales INR 7.0 bln, up 22.8% YoY
--UltraTech Apr-Jun revenue from overseas INR 11.73 bln, up 24.7% on yr
--UltraTech consol grey cement capacity at 205.5 mtpa on Jun 30
--UltraTech: On track to launch wire, cable segment product in Oct-Dec
--UltraTech: Almost done with wire, cable pdt portfolio, design finalisation
 

 

By Rajesh Gajra

 

MUMBAI – UltraTech Cement Ltd.'s net profit and revenue growth for the June quarter were both above market expectations, amid a 13% jump in volume. The bottom line growth was largely on the back of strong volume and revenue growth and the rise in major input costs being lower than the revenue growth.

 

The largest cement maker in the country reported a consolidated net profit of INR 25.99 billion, up 17% on year, and above the market estimate of INR 25.04 billion. The revenue from operations rose 16% on year to INR 246.48 billion, and was above the Street's view of INR 240.75 billion.

 

The net profit growth was aided by the fact that two of the three largest input costs – power and fuel expenses, and freight and forwarding expenses – were up by only 11-12% on year. There were expectations of a larger increase in these input costs.

 

These two cost elements made up for 43% of total revenue from operations. Power and fuel expenses were up 11% on year at INR 54.19 billion, while freight and forwarding expenses were up 12% at INR 52.11 billion. Analysts had expected the West Asia conflict to raise UltraTech's power and fuel expenses and packaging costs substantially. But the reported rise in both was not exceptionally large, and given the volume surge and revenue growth, it did not materially drag the net profit down.

 

The third major input cost, cost of raw materials consumed, however, jumped 20% on year to INR 41.29 billion. Raw materials costs made up for 17% of UltraTech's revenue for the June quarter. Other expenses of the company were also up sharply 25% on year at INR 31.93 billion.

 

The domestic sales volume of the company rose 13% on year to 39.2 million tonnes. This was the main driver for grey cement revenues rising 20% on year to INR 204.37 billion, ready mix concrete revenue rising 22% to INR 22.35 billion, and white cement revenue rising 23% to INR 7 billion.

 

India grey cement revenue growth was aided by a 1.1% on-year increase in grey cement sales reasliation at INR 5,218 per tonne in the June quarter. According to the company, housing and rural demand for the quarter was stable for the company across all regions of the country.

 

But infrastructure-led demand was subdued in the northern and eastern regions. Commercial demand from the eastern region was "under pressure owing to sand, aggregate and labor unavailability." In the southern region where UltraTech's subsidiary India Cements operates and where the acquired cement assets of Kesoram are located, housing and rural demand registered overall growth, the company said. However, infrastructure demand in the southern region remained muted due to labour unavailability and delay of fund flows. Commercial demand went up on the back of construction of data centres, the company said.

 

At the consolidated level, the sales volume was up 12% on year at 41.31 million tonnes. There was an 11?ll in overseas sales volume of grey cement and white cement at 1.57 million tonnes.

 

UltraTech's consolidated earnings before interest, tax, depreciation, and amortisation jumped 12% on year to INR 51.46 billion in the June quarter. The operating EBITDA per tonne was at INR 1,214 in the June quarter against INR 1,198 in the year-ago quarter. However, the consolidated operating margin of the company remained unchanged at 21%.

 

The consolidated grey cement capacity of the company was 205.5 million tonnes per year as on Jun. 30. The company said it aims to add 15.9 million tonnes per year of grey cement capacity in 2026-27 (Apr-Mar), and another 29.8 million tonnes in FY28. This will take the consolidated capacity to 242.50 million tonnes by the end of FY28.

 

The targeted capacity additions will be in India. Overseas capacity of 5.4 million tonnes per year will remain unchanged during this period. On Monday, shares of UltraTech Cement ended at INR 11,903, up 1.5% from Friday.  End

 

Edited by Avishek Dutta

 

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