ULTRACEMCO
UltraTech Cement Limited
NSELast Traded Price
₹11482
-188 (-1.61%)
Open
₹11600
High
₹11779
Low
₹11338
Prev Close
₹11689
Industry
Cement & Cement Products
Market Cap
338910.51 Cr
Filing History
Recent corporate announcements and filings for ULTRACEMCO
Governance
Positive
2026-05-27 23:23
UltraTech Cement Limited announced the appointment of Mr. Vikram Bhalla as an Independent Director, effective June 8, 2026, for a five-year term. Mr. Bhalla, a senior partner and founding member of Boston Consulting Group (BCG) India, brings nearly 30 years of extensive advisory experience in strategy, transformation, and organizational development across various industries.
Routine
Neutral
2026-05-13 16:19
UltraTech Cement Limited issued a notice to shareholders regarding the transfer of unpaid/unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). Dividends from FY 2018-19 onwards, if unclaimed for seven consecutive years, will be transferred to IEPF on or before August 24, 2026. Shareholders are advised to claim their dividends by July 15, 2026, or from IEPF thereafter.
Business Update
Neutral
2026-05-08 16:12
UltraTech Cement Limited informed about a scheduled investor meeting with Macquarie Asia Conference 2026 on May 19, 2026. The company stated that no Unpublished Price Sensitive Information (UPSI) would be shared during this group meeting. The latest investor presentation is available on the company's website.
Business Update
Neutral
2026-05-08 16:08
UltraTech Cement Limited informed about a scheduled group investor meeting on May 18, 2026, at Citi's 2026 Pan-Asia Flagship Overseas Conference. The company stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the meeting. The latest investor presentation is available on its website.
Governance
Neutral
2026-05-06 19:30
CRITICAL RED FLAG DETECTED
UltraTech Cement Limited received an assessment order from the Deputy Commissioner of Income-tax on May 5, 2026, demanding ₹808.78 crores (including interest) for Assessment Year 2023-24, related to tax holiday claims, TP adjustment, and ESOP expenses. The company is disputing the order, citing strong legal grounds and favorable past appellate orders, and plans to file an appeal. UltraTech does not expect any impact on its financial operations.
Business Update
Positive
2026-05-01 16:12
Management highlighted achieving 200 million tons capacity ahead of schedule, with plans to add 37 million tons by FY28, reaching over 242.5 million tons. They project double-digit volume growth for FY27 and 7-8% sustainable growth per annum thereafter, driven by India's infrastructure, housing, and rural demand. The company committed to INR8,000-INR10,000 crores annual Capex, fully funded by operating cash flow, while maintaining net debt-EBITDA below 1x (currently 0.94x). Operational efficiency improvements are expected to deliver over INR300 per ton by FY28, with acquired assets targeting INR1,000+ EBITDA per ton by FY28. The Board recommended a dividend of INR240 per share for FY26 (3x last year's dividend), reflecting confidence in earnings. 43% of power needs are from green sources, targeting 85% by FY2030. Management acknowledged headwinds from the West Asia conflict impacting fuel and bag costs but expressed confidence in managing them through various measures and price adjustments.
Governance
Neutral
2026-04-30 13:07
UltraTech Cement Limited issued a Postal Ballot Notice to seek shareholder approval via remote e-voting for material related party transactions with its subsidiary, The India Cements Limited. The proposed transactions, valued up to ₹9,820 crore for FY2026-27, are stated to be at arm's length and in the ordinary course of business. The e-voting period runs from May 1, 2026, to May 30, 2026.
Business Update
Neutral
2026-04-27 20:38
UltraTech Cement Limited informs about the availability of the audio recording of its earnings call, held on April 27, 2026, discussing the financial results for the quarter and year ended March 31, 2026. The recording is available on the company's investor relations website.
Financials
Positive
2026-04-27 14:39
CRITICAL RED FLAG DETECTED
The Board on April 27, 2026, approved Consolidated Annual Audited Financial Results for the year ended March 31, 2026, and recommended a dividend of 2400% (Rs. 240 per equity share). The auditor's report highlights an ongoing CCI penalty matter with a Supreme Court stay.
Financials
Positive
2026-04-27 14:35
CRITICAL RED FLAG DETECTED
The Board approved annual consolidated financial results for the year ended March 31, 2026, and recommended a dividend of 2400% (Rs. 240 per equity share). Auditors highlighted a past CCI penalty of Rs. 1,804.31 Cr which is under Supreme Court stay and not provisioned by the company.
Governance
Neutral
2026-04-27 14:30
UltraTech Cement Limited announced the appointment of Mr. Rohit Agarwal as Head – Internal Audit, effective from 25th May, 2026. The appointment was approved by the Board based on the recommendation of the Nomination, Remuneration and Compensation Committee.
Financials
Positive
2026-04-27 14:26
Consolidated Revenue ₹88,512Cr vs ₹75,955Cr (▲17% YoY), EBITDA ₹16,866Cr vs ₹12,449Cr (▲35% YoY), PAT ₹8,166Cr vs ₹6,039Cr (▲35% YoY). EBITDA Margin 19.1% vs 16.4% (▲270bps). Board also recommended a dividend of 2400% (₹240 per share) for FY26.
Business Update
Neutral
2026-04-26 20:16
UltraTech Cement Limited announced a group meet for analysts at one of its manufacturing units on April 29, 2026. The company clarified that no unpublished price sensitive information would be shared during the meeting.
Routine
Neutral
2026-04-17 18:56
New Filing detected. See link for details.
Business Update
Positive
2026-04-17 18:08
UltraTech Cement commissioned 3 new grinding units, crossing 200 MTPA cement capacity in India and becoming the world's largest cement company outside China. The company is on track to reach 240+ MTPA with ongoing expansion projects backed by a capex of over Rs. 16,000 crore.
Business Update
Positive
2026-04-12 15:15
CARE Ratings Limited reaffirmed UltraTech Cement Limited's credit ratings: 'CARE AAA; Stable' for Long Term and 'CARE AAA; Stable / CARE A1+' for Long Term / Short Term Bank facilities. The fixed deposit issue rating was withdrawn as no amount is outstanding.
Routine
Neutral
2026-04-09 18:54
New Filing detected. See link for details.
Business Update
Neutral
2026-04-06 18:24
UltraTech Cement clarified a material share price movement on April 6, 2026, stating it was purely market-driven with no underlying event or information in the mainstream media or any impending announcement from the company.
Business Update
Neutral
2026-03-31 19:11
CRITICAL RED FLAG DETECTED
UltraTech Cement received an order from the GST Authority confirming a tax demand of ₹53.81 Cr plus interest and penalty for alleged differential tax liability pertaining to FY 2019-20 to FY 2023-24. The company will contest the demand and does not expect any material financial impact.
Business Update
Negative
2026-03-26 17:21
CRITICAL RED FLAG DETECTED
UltraTech Cement received an order from GST Authority, Kerala, on March 25, 2026, demanding Rs. 25.74 lakhs tax and Rs. 25.74 lakhs penalty for alleged irregular ITC availment (FY2019-20 to FY2022-23). The Company will contest the order and expects no material financial impact.
Business Update
Positive
2026-03-26 14:38
UltraTech Cement has settled arbitration with Jaiprakash Associates regarding the acquisition of Dalla Super unit and mines. All rights and interests in these assets are now fully vested in UltraTech, and all related claims/liabilities from the Series A RPS are discharged as per a final award dated March 26, 2026.
Business Update
Negative
2026-03-25 19:07
CRITICAL RED FLAG DETECTED
UltraTech Cement received an Order on March 24, 2026, from the Deputy Commissioner, State Goods and Services Tax, Maharashtra, confirming a tax demand of ₹28.97 Cr, interest of ₹15 Cr, and penalty of ₹2.9 Cr (total ~₹46.8 Cr) for FY 2022-23. The company will contest the demand and expects no material financial impact.
Business Update
Positive
2026-03-18 16:05
UltraTech Cement Limited is acquiring a 26.18% equity stake in Sunsure Solarpark Seven Private Limited for an equity investment of up to ₹19.20 crore. This acquisition aims to meet green energy needs, optimize energy costs, and ensure compliance with regulatory requirements for captive power consumption.
Business Update
Neutral
2026-03-16 18:21
UltraTech Cement clarified a material price movement in its share price on March 16, 2026, stating there was no company event or information to trigger it, and the movement was purely market driven.
Business Update
Negative
2026-03-13 11:02
CRITICAL RED FLAG DETECTED
UltraTech Cement received an order on March 12, 2026, from the GST Authority confirming a tax demand of ₹1.08 Cr, interest of ₹1.17 Cr, and penalty of ₹1.08 Cr for ineligible ITC in FY19-20. The company will contest the demand and does not expect a material financial impact.
Business Update
Neutral
2026-03-10 18:02
UltraTech Cement Limited intimated an investor group meeting on March 17-18, 2026, at the 2026 Jefferies Asia Forum. No Unpublished Price Sensitive Information will be shared during the meet. The latest Investor Presentation is available on the company website.
Business Update
Positive
2026-03-06 19:12
UltraTech Cement is acquiring a 26.20% stake in Sunsure Solarpark Thirty Eight Private Limited for ₹6.72 Cr. This acquisition of a solar power SPV aims to fulfill green energy requirements, optimize costs, and ensure compliance with captive power consumption regulations.
Governance
Positive
2026-03-06 14:28
UltraTech Cement Limited appointed Mr. Jayant Dua as Managing Director (Designate) effective April 1, 2026, and as MD & KMP for four years starting January 1, 2027, replacing Mr. K. C. Jhanwar. Mr. Dua brings 37 years of experience to the role.
Governance
Positive
2026-03-06 14:28
UltraTech Cement Limited announced the appointment of Mr. Jayant Dua as Managing Director (Designate) effective April 1, 2026. He will also be appointed as Additional Director, Managing Director, and KMP effective January 1, 2027, for a four-year term, succeeding Mr. K. C. Jhanwar.
Business Update
Neutral
2026-03-04 11:45
UltraTech Cement Limited announced an investor meet on March 9th and 10th, 2026, at the J.P. Morgan India Forum. The company confirmed that no Unpublished Price Sensitive Information (UPSI) would be shared during the group meeting.
Governance
Neutral
2026-03-02 19:02
Board meeting to be held on April 27, 2026, to consider and approve the audited financial results for the year ended March 31, 2026, and recommend a dividend. Trading window to remain closed from April 1 to April 29, 2026.
Business Update
Positive
2026-03-02 18:13
UltraTech Cement Limited is acquiring a 26% equity stake in AMPIN C&I Power Forty Four Private Limited for approximately ₹15.12 Cr. This acquisition is for a 45 MWp DC / 30 MW AC solar power project, intended to meet green energy needs, optimize energy costs, and ensure regulatory compliance.
Business Update
Positive
2026-02-19 17:43
India Ratings and Research has affirmed UltraTech Cement's Issuer and NCDs rating at 'IND AAA/Stable' and its bank loan facilities at 'IND AAA/Stable/IND A1+'. The rating on commercial papers was withdrawn upon redemption. The affirmation reflects a strong business profile and healthy financial performance.
Business Update
Neutral
2026-02-19 12:43
UltraTech Cement Limited announced an investor meet on February 25, 2026, for an ESG update with Climate Action 100+ investor group. No Unpublished Price Sensitive Information will be shared during the group meeting.
Business Update
Neutral
2026-02-19 12:43
UltraTech Cement Limited announced an investor meeting with Kotak Mutual Fund scheduled for 24th February, 2026. The company stated that no Unpublished Price Sensitive Information (UPSI) will be shared, and the latest investor presentation is available on its website.
Business Update
Positive
2026-02-07 13:26
Fitch Ratings affirmed UltraTech Cement's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BBB-' with a stable outlook. The rating for its USD 400 million 2.80% senior unsecured notes due 2031 was also affirmed at 'BBB-'.
Routine
Neutral
2026-02-05 23:49
New Filing detected. See link for details.
Business Update
Positive
2026-02-05 23:36
UltraTech Cement has commissioned 2.7 mtpa new grinding capacity at its Aligarh unit in Uttar Pradesh, increasing the company's total global capacity to 196.76 mtpa. This expansion aims to strengthen its presence in high-growth markets and improve market reach.
Routine
Neutral
2026-02-04 12:42
New Filing detected. See link for details.
Routine
Neutral
2026-02-04 12:13
New Filing detected. See link for details.
Routine
Neutral
2026-02-03 19:46
New Filing detected. See link for details.
Business Update
Negative
2026-02-03 16:20
CRITICAL RED FLAG DETECTED
UltraTech Cement received orders from GST Authority on Feb 2, 2026, confirming tax demands totalling approx. ₹1.04 Cr (principal) plus interest and penalty for alleged excess ITC availment for FY19-20 and FY21-22. The company will contest the demands.
Business Update
Negative
2026-02-03 16:20
CRITICAL RED FLAG DETECTED
UltraTech Cement received two orders from GST Authority on Feb 2, 2026, for alleged excess ITC availment. The orders confirm total tax demands of ~₹1.03 Cr, plus interest and penalties, for FY 2019-20 and FY 2021-22. The company will contest the demands and does not expect a material financial impact.