UltraTech Cement Limited (UCLQF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
UltraTech Cement Limited (UCLQF) trades at $103.00. UltraTech Cement Limited (UCLQF) is a leading Indian cement manufacturer, providing a diverse range of cement and construction materials. Market cap: $29.68B, Sector: Basic materials.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for UCLQF: UCLQF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates UCLQF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
UCLQF: 1/1 perspectives are bearish.
How is this calculated? →UltraTech Cement Limited (UCLQF) Materials & Commodity Exposure
UltraTech Cement Limited (UCLQF) stands as a prominent player in the Indian construction materials sector, offering a wide range of cement products and construction solutions, backed by a robust distribution network and a commitment to innovation in building materials.
What Is the Investment Thesis for UCLQF?
UltraTech Cement Limited presents a robust investment thesis characterized by its leading market position in India’s cement industry, with a market capitalization of $29.68B and a P/E ratio of 40.9. The company’s diverse product offerings, including specialized construction materials, position it favorably against competitors like ArcelorMittal S.A. (AMSYF) and HeidelbergCement AG (HLBZF). Key growth catalysts include increasing infrastructure development in India, projected to grow at a CAGR of 7.1% from 2021 to 2026, and the rising demand for sustainable construction materials. UltraTech's profit margin of 9.2% and gross margin of 50.8% indicate strong operational efficiency, although risks such as fluctuating raw material prices and energy costs could impact profitability. The company’s commitment to innovation and customer service further enhances its competitive advantage, making it a significant player in the construction materials sector.
Based on FMP financials and quantitative analysis
UCLQF Key Highlights
- Market capitalization of $29.68B, reflecting strong investor confidence.
- P/E ratio of 40.9, indicating premium valuation relative to earnings.
- Profit margin of 9.2%, showcasing effective cost management.
- Gross margin of 50.8%, significantly higher than industry averages.
- Dividend yield of 0.70%, providing a return to shareholders.
Who Are UCLQF's Competitors?
UCLQF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMSYF ArcelorMittal S.A. | $63.65 | +7.44% | $48.44B | 44 |
| HLBZF HeidelbergCement AG | $197.48 | +3.79% | $34.83B | 50 |
| CHHQY China Hongqiao Group Limited | $34.00 | +16.72% | $33.39B | 49 |
| SKFOF Sika AG | $204.68 | +0.51% | $32.84B | 46 |
| NVZMF Novozymes A/S | $61.84 | -3.37% | $28.83B | 41 |
| CXMSF CEMEX, S.A.B. de C.V. | $1.20 | +0.00% | $16.69B | 63 |
| AMRZ Amrize AG | $53.78 | +0.26% | $29.73B | 59 |
| TGLS Tecnoglass Inc. | $44.66 | -2.10% | $1.98B | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are UCLQF's Key Strengths?
- Leading market position in the Indian cement industry.
- Diverse product portfolio catering to various construction needs.
- Strong operational efficiency reflected in high gross margins.
- Established distribution network enhancing market reach.
What Are UCLQF's Weaknesses?
- Exposure to fluctuating raw material prices impacting profitability.
- Dependence on the domestic market for revenue generation.
- Potential challenges in scaling operations internationally.
- Limited brand recognition outside of South Asia.
What Could Drive UCLQF Stock Higher?
- Increased infrastructure spending by the Indian government expected to drive cement demand.
- Expansion of product offerings in sustainable construction materials.
- Strategic partnerships with local distributors to enhance market reach.
- Launch of new value-added services to improve customer engagement.
- Continuous investment in technology to enhance operational efficiency.
What Are the Key Risks for UCLQF?
- Rich valuation — a P/E of 40.9 runs well above the Basic Materials sector’s ~22x, leaving little room for a miss.
- Fluctuating raw material prices impacting profit margins.
- Regulatory changes affecting operational costs and compliance.
- Economic downturns leading to reduced construction activity.
- Intense competition from both domestic and international players.
What Are the Growth Opportunities for UCLQF?
- Infrastructure Development: The Indian government's commitment to infrastructure development is expected to boost cement demand significantly. With a projected CAGR of 7.1% in the construction sector through 2026, UltraTech is poised to capitalize on this growth by expanding its production capacity and enhancing its distribution network.
- Sustainable Construction Materials: There is a growing trend towards sustainable building practices, with an increasing demand for eco-friendly construction materials. UltraTech's investment in innovative and sustainable products, such as green cement and recycled materials, positions it favorably to capture this market segment, which is expected to grow at a CAGR of 8.5% over the next five years.
- Export Markets: UltraTech's existing export operations to the UAE, Bahrain, and Sri Lanka present significant growth opportunities. As global demand for construction materials rises, the company can expand its international footprint, potentially increasing its revenue from exports by 15% annually over the next three years.
- Technological Advancements: The integration of technology in manufacturing processes, such as automation and data analytics, can enhance operational efficiency and reduce costs. UltraTech's commitment to adopting advanced technologies is expected to improve its gross margin further and maintain its competitive advantage in the market.
- Value-Added Services: UltraTech's provision of value-added services, such as technical consultancy and training programs, can enhance customer loyalty and drive repeat business. By expanding these services, the company can differentiate itself from competitors and potentially increase its market share in the construction materials sector.
What Opportunities Does UCLQF Have?
- Growing demand for sustainable construction materials.
- Expansion into emerging export markets.
- Increased infrastructure spending by the Indian government.
- Technological advancements in manufacturing processes.
What Threats Does UCLQF Face?
- Intense competition from both domestic and international players.
- Economic downturns affecting construction demand.
- Regulatory changes impacting operational costs.
- Fluctuations in energy prices affecting production costs.
What Are UCLQF's Competitive Advantages?
- Established brand reputation as one of India's largest cement manufacturers.
- Extensive distribution network ensuring product availability across regions.
- Diverse product portfolio catering to various construction needs.
- Strong relationships with key stakeholders in the construction industry.
- Commitment to innovation and sustainability in product offerings.
What Does UCLQF Do?
UltraTech Cement Limited, founded in 2000 and headquartered in Mumbai, India, operates as a subsidiary of Grasim Industries Limited. It has established itself as a leading manufacturer and seller of a comprehensive range of cement and allied construction materials across India. The company’s extensive product line includes various types of cement such as Ordinary Portland, Portland Blast Furnace Slag, Portland Pozzolana, and white cement-based products, as well as ready-mix concrete. UltraTech goes beyond traditional cement offerings by providing specialized construction chemicals and building solutions. Their product innovations include branded tile adhesives like TILEFIXO, FLEX, HIFLEX, and MYKROFILL, along with waterproofing systems branded as Seal & Dry, designed for diverse applications including roofs, bathrooms, and water tanks. Additionally, UltraTech offers industrial grouts (Power Grout) for foundational support, plastering solutions (Readi Plast, Super Stucco), and liquid systems (Basekrete, Microkrete) aimed at mortar/concrete modification and repair. The company also supplies bed jointing materials for various block types and lightweight blocks for masonry construction. Catering to individual home builders, UltraTech has a dedicated range of construction essentials. Complementing its products, the company provides value-added services such as technical advice for concreting, vaastu consultancy, and comprehensive training programs. UltraTech's global footprint includes exports to markets such as the United Arab Emirates, Bahrain, and Sri Lanka, further solidifying its position in the international construction materials market.
What Products and Services Does UCLQF Offer?
- Manufacture a wide range of cement products including Ordinary Portland and white cement.
- Produce ready-mix concrete for various construction applications.
- Offer specialized construction chemicals and building solutions.
- Provide value-added services such as technical advice and training programs.
- Export products to international markets including the UAE and Sri Lanka.
- Cater to individual home builders with a dedicated range of construction essentials.
How Does UCLQF Make Money?
- Generate revenue through the sale of cement and allied construction materials.
- Offer specialized construction solutions and chemicals to enhance product offerings.
- Provide value-added services to increase customer engagement and loyalty.
- Leverage a robust distribution network to reach a wide customer base.
- Expand into international markets to diversify revenue streams.
What Industry Does UCLQF Operate In?
The construction materials industry is experiencing robust growth, driven by increased infrastructure spending and urbanization in emerging markets. In India, the cement sector is projected to grow significantly, with a CAGR of approximately 7.1% from 2021 to 2026. UltraTech Cement Limited, as one of the largest cement manufacturers in India, is well-positioned within this expanding market. The competitive landscape includes major players such as ArcelorMittal S.A. (AMSYF) and HeidelbergCement AG (HLBZF), with UltraTech leveraging its extensive distribution network and product diversity to maintain a competitive edge.
Who Are UCLQF's Key Customers?
- Construction companies and contractors requiring bulk cement supplies.
- Individual home builders seeking quality construction materials.
- Government and public sector projects focused on infrastructure development.
- Retailers and distributors of construction materials.
- Export markets in the Middle East and South Asia.
UltraTech Cement Limited (UCLQF) Valuation Context
Valued at $29.68B, UCLQF is classified as a large-cap stock.
UCLQF Revenue & Earnings Trend
In Q1 2026, UCLQF generated $262.01B in top-line revenue, marking a sequential increase of 19.0%. The company recorded net income of $30.29B, with diluted EPS of $102.93. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this large-cap Basic Materials company. Across the four most recent quarters, UCLQF averaged $69.87 in diluted EPS.
Company Profile
UltraTech Cement Limited operates in the Construction Materials industry within the Basic Materials sector. It is headquartered in Mumbai, IN. The company is led by CEO Ashish Dwivedi. UCLQF has traded publicly since 2013.
ROE 11%Key Financial Metrics
Return on equity for UltraTech Cement Limited stands at 11.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.8%, showing how much profit it generates from its asset base. UCLQF trades at a trailing price-to-earnings ratio of 40.94, above the Basic Materials sector average of ~22x. Its free cash flow yield is 0.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.74 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 2.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
UltraTech Cement Limited's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.73 places it in the safe zone, indicating low near-term bankruptcy risk.
4/8 beatsEarnings Track Record
UltraTech Cement Limited has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 1.7% below estimates on average.
FY2026 estForward Outlook
Wall Street analysts project UltraTech Cement Limited revenue of about $892.29B for fiscal 2026, with EPS near $284.90.
UCLQF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Leading market position in the Indian cement industry.
- Diverse product portfolio catering to various construction needs.
- Strong operational efficiency reflected in high gross margins.
- Established distribution network enhancing market reach.
Bear Case
- Exposure to fluctuating raw material prices impacting profitability.
- Dependence on the domestic market for revenue generation.
- Potential challenges in scaling operations internationally.
- Limited brand recognition outside of South Asia.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $262.01B | $30.29B | $102.93 |
| Q4 2025 | $220.11B | $17.40B | $59.11 |
| Q3 2025 | $196.07B | $12.32B | $41.84 |
| Q2 2025 | $212.75B | $22.26B | $75.61 |
Based on FMP financials and quantitative analysis
UCLQF Latest News
No recent news available for UCLQF.
UCLQF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for UCLQF.
Price Targets
Wall Street price target analysis for UCLQF.
UCLQF MoonshotScore
What does this score mean?
The MoonshotScore rates UCLQF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Ashish Dwivedi
CEO
Ashish Dwivedi has extensive experience in the cement and construction materials industry, having held various leadership roles within UltraTech Cement and its parent company, Grasim Industries. He holds a degree in Engineering and an MBA, which have equipped him with a strong foundation in both technical and business management. His career spans over two decades, focusing on operational excellence and strategic growth.
Track Record: Under Ashish Dwivedi's leadership, UltraTech Cement has achieved significant milestones, including expanding its production capacity and enhancing its product offerings. His strategic focus on innovation and sustainability has positioned the company as a leader in the Indian cement market.
UCLQF OTC Market Information
The OTC Other tier includes stocks that do not meet the listing requirements of major exchanges like NYSE or NASDAQ. These stocks may have lower trading volumes and less stringent reporting requirements, which can impact liquidity and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited regulatory oversight compared to stocks listed on major exchanges.
- Potential for lower liquidity, leading to higher volatility.
- Increased risk of price manipulation due to lower trading volumes.
- Less comprehensive financial disclosures may affect investment decisions.
- Verify the company's financial health through available reports.
- Assess the competitive landscape and market position.
- Understand the risks associated with OTC trading.
- Evaluate management's track record and strategic vision.
- Monitor industry trends and regulatory changes.
- Established brand presence in the Indian market.
- Affiliation with Grasim Industries Limited, a major conglomerate.
- Consistent revenue growth and profitability metrics.
- Transparency in financial reporting relative to OTC standards.
What Investors Ask About UltraTech Cement Limited (UCLQF) — Basic Materials
What does UltraTech Cement Limited do?
UltraTech Cement Limited is a leading manufacturer of cement and construction materials in India. The company produces a diverse range of cement products, including Ordinary Portland and white cement, as well as ready-mix concrete. Additionally, UltraTech offers specialized construction chemicals and value-added services, catering to both commercial and individual customers.
What are the key financial metrics for UCLQF?
Key financial metrics for UltraTech Cement Limited include a market capitalization of $29.68B and a P/E ratio of 40.9. The company has a profit margin of 9.2% and a gross margin of 50.8%, indicating strong operational efficiency. Investors also watch the dividend yield of 0.70%, which reflects the company's commitment to returning value to shareholders.
What are the main risks for UCLQF?
UltraTech Cement faces several risks, including fluctuating raw material prices that can impact profit margins. Additionally, ongoing regulatory changes may affect operational costs and compliance requirements. The company is also exposed to economic downturns that could lead to reduced construction activity, as well as intense competition from both domestic and international players, which could pressure market share.
What are the key factors to evaluate for UCLQF?
Evaluate UCLQF on fundamentals, analyst consensus, and risk factors. P/E: 40.9x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does UCLQF data refresh on this page?
UCLQF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven UCLQF's recent stock price performance?
UltraTech Cement Limited (UCLQF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Leading market position in the Indian cement industry. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider UCLQF overvalued or undervalued right now?
UltraTech Cement Limited (UCLQF) trades at 40.9x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying UCLQF?
Before investing in UltraTech Cement Limited (UCLQF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data is based on the latest available financial reports and market analysis.