ResultsIQ

ResultsIQ › Latest results › UltraTech Cement Limited

UltraTech Cement Limited Q1 FY26 earnings call summary

NSE: ULTRACEMCO · BSE: 532538

Earnings call of 21 Jul 2025, summarised by AI from the filing.

UltraTech Q1 FY26 volume grew 9.7% Y-o-Y; targets double-digit FY26 growth and India Cements EBITDA over ₹1,000 per ton by FY28.

Key takeaways

  1. Volume growth Consolidated volume grew 9.7% Y-o-Y in Q1 FY26, including Kesoram.
  2. Guidance Double-digit volume growth targeted for FY26 on FY25 base.
  3. Change India Cements adjusted EBITDA ₹458 per ton vs reported ₹400 per ton.
  4. Driver Government capex and infrastructure projects to drive cement demand.
  5. Risk Cement demand seasonal; Q1 impacted by heat waves and monsoons.

Original filing on BSE

UltraTech Cement Limited Q1 FY27 results

As filed: Revenue ₹24,648 cr (+16% year on year), EBITDA ₹5,015 cr (+14% year on year), PAT ₹2,604 cr (+17% year on year), EBITDA margin 20.4% (−38 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹25,799 cr (+12% year on year), EBITDA ₹5,600 cr (+21% year on year), PAT ₹3,000 cr (+21% year on year), EBITDA margin 21.7% (+168 bps). Score 64 of 100, In line with trend. Revenue and EBITDA growth were in line with the company's own trend; profit growth was above it. EBITDA margin rose 168 bps year on year. Revenue rose ₹2,736 cr on a year ago, more than the ₹2,644 cr it added the year before. Share price after the results: −2.6% in 30 days (Nifty 500: +1.8%).
  • Q3 FY26: Revenue ₹21,830 cr (+27% year on year), EBITDA ₹3,915 cr (+36% year on year), PAT ₹1,729 cr (+17% year on year), EBITDA margin 17.9% (+114 bps). Score 67 of 100, Above trend. Revenue growth was well above the company's own trend; EBITDA growth was above it; profit growth was in line with it. EBITDA margin rose 114 bps year on year. Profit lagged EBITDA because of depreciation, interest or other income, not the business. Share price after the results: +8.4% in 30 days (Nifty 500: +3.4%).
  • Q2 FY26: Revenue ₹19,607 cr (+25% year on year), EBITDA ₹3,095 cr (+53% year on year), PAT ₹1,238 cr (+50% year on year), EBITDA margin 15.8% (+288 bps). Score 82 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin rose 288 bps year on year. Revenue fell 8% from last quarter. Share price after the results: −4.8% in 30 days (Nifty 500: +1.5%).
  • Q1 FY26: Revenue ₹21,275 cr (+18% year on year), EBITDA ₹4,410 cr (+45% year on year), PAT ₹2,221 cr (+31% year on year), EBITDA margin 20.7% (+391 bps). Score 80 of 100, Above trend. Revenue and EBITDA growth were well above the company's own trend; profit growth was above it. EBITDA margin rose 391 bps year on year. Revenue fell 8% from last quarter. Share price after the results: +3.0% in 30 days (Nifty 500: −0.6%).
  • Q4 FY25: Revenue ₹23,063 cr (+13% year on year), EBITDA ₹4,619 cr (+12% year on year), PAT ₹2,475 cr (+10% year on year), EBITDA margin 20.0% (−12 bps). Score 70 of 100, Above trend. Revenue growth was well above the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin fell 12 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −8.2% in 30 days (Nifty 500: +4.3%).
  • Q3 FY25: Revenue ₹17,193 cr (+3% year on year), EBITDA ₹2,888 cr (−11% year on year), PAT ₹1,474 cr (−17% year on year), EBITDA margin 16.8% (−264 bps). Score 35 of 100, Below trend. Revenue growth was in line with the company's own trend; EBITDA and profit growth were below it. EBITDA margin fell 264 bps year on year.
  • Q2 FY25: Revenue ₹15,635 cr (−2% year on year), EBITDA ₹2,018 cr (−21% year on year), PAT ₹825 cr (−36% year on year), EBITDA margin 12.9% (−302 bps). Score 14 of 100, Below trend. EBITDA margin fell 302 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 13% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

UltraTech Cement Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.