Education
About Us
Working with TipRanks
Follow Us
UltraTech Cement Limited (IN:ULTRACEMCO)
:ULTRACEMCO
Earnings Data
Report Date
May 04, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
96.75Last Year’s EPS
85.37Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive outlook driven by strong Q3 volumes and margin outperformance, a healthy and diversified infrastructure-driven demand pipeline across India, meaningful operational efficiency gains (lead distance, clinker ratio), active capacity expansion funded via internal accruals, and ongoing integration of acquisitions. Key risks highlighted include earlier quarter price softness, input-cost inflation (pet coke/coal and labor), near-term industry capacity additions that could pressure pricing, and some asset/legal uncertainties related to India Cements. On balance the positive operational and demand developments outweigh the headwinds.Company Guidance
Robust Volume and Margin Outperformance
Management and analysts repeatedly noted a 'great set of numbers' with volumes and EBITDA margin beating expectations in Q3 FY26. Company indicated it will do 'much better' in Q4 versus Q3, and cited operating leverage and tight cost management as drivers of higher EBITDA per tonne going forward.
Strong Industry Demand Pipeline Across India
Management outlined extensive infrastructure projects across regions (roads, metros, ports, railways, affordable housing) supporting sustained cement demand. Company estimates all-India demand growth in Q3 around 9%–10% and 9-month demand ~6.5%–7%, expecting continued robust demand into Q4.
Significant Capacity Expansion Plans
UltraTech expects ~8–9 million tonnes capacity to come online in the ongoing quarter (Q4), ~12 million tonnes in FY27 and the balance in FY28 as part of its multi-year expansion. Company reiterated phased 22 million tonne expansion strategy and provided willingness to commission on accelerated timelines.
Deleveraging and Prudent Funding
Consolidated net debt/EBITDA at 1.08x at quarter end. Management reiterated confidence to reach ~1.0x and then 0.8–0.9x net debt/EBITDA by fiscal year-end through internal accrual funding of CapEx and asset monetization.
Operational Efficiency Gains
Key operational metrics improved: lead distance reduced to 363 km (from a 375 km target baseline) and clinker-to-cement ratio improved to 1.49 (better than earlier target of 1.54). Management expects these initiatives to deliver measurable per-tonne savings and indicated full-year efficiency gains likely to exceed INR 100/tonne vs prior-year INR 86/tonne.
Progress on Acquisitions and Integration
Brand conversions progressing: Kesoram brand conversion reached ~69% in Dec'25 (company expects higher now) and India Cements ~58% in Dec'25. Integration and cost-improvement CapEx programs are underway: Kesoram spend ~INR 263 crore of ~INR 382 crore commitment; India Cements committed INR 601 crore and spent INR 144 crore to date.
Retail & RMC Footprint and New Market Opportunities
UltraTech highlighted a pan-India presence and rapid RMC network expansion covering ~163 cities, and demand emerging from data centers, renewables, and GCC projects which are cement-intensive and expected to support higher-margin institutional volumes and RMC growth (RMC ~3% of volumes and growing).
Price Recovery and Realization Improvement
Management reported sequential improvement in realizations since Q3: naked cement realization up ~INR 3–4/tonne and 'price' up INR 6–8/tonne across regions as demand strengthened in Jan, with expectation to pass on input cost increases to customers where needed.
UltraTech Cement Limited (IN:ULTRACEMCO) Earnings, Revenues Date & History
IN:ULTRACEMCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IN:ULTRACEMCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 21, 2025 | ₹12419.59 | ₹12495.11 | +0.61% |
Apr 28, 2025 | ₹12159.09 | ₹12031.95 | -1.05% |
Jan 23, 2025 | ₹10626.71 | ₹11350.72 | +6.81% |
Oct 21, 2024 | ₹10991.20 | ₹10800.80 | -1.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does UltraTech Cement Limited (IN:ULTRACEMCO) report earnings?
UltraTech Cement Limited (IN:ULTRACEMCO) is schdueled to report earning on May 04, 2026, TBA (Confirmed).
What is UltraTech Cement Limited (IN:ULTRACEMCO) earnings time?
UltraTech Cement Limited (IN:ULTRACEMCO) earnings time is at May 04, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IN:ULTRACEMCO EPS forecast?
IN:ULTRACEMCO EPS forecast for the fiscal quarter 2026 (Q4) is 96.75.