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UltraTech Cement FY26 PAT Crosses Rs 80 bn

ByArticle Source LogoIndian Cement Review04-29-20264 min
Indian Cement Review
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UltraTech Cement reported record financial performance for Q4 and FY26, supported by strong volumes, higher profitability and improved cost efficiency. Consolidated net sales for Q4 FY26 rose 12 per cent year-on-year to Rs 254.67 billion, while PBIDT increased 20 per cent to Rs 56.88 billion. PAT, excluding exceptional items, grew 21 per cent to Rs 30.11 billion.

For FY26, consolidated net sales stood at Rs 873.84 billion, up 17 per cent from Rs 749.36 billion in FY25. PBIDT rose 32 per cent to Rs 175.98 billion, while PAT increased 36 per cent to Rs 83.05 billion, crossing the Rs 80 billion mark for the first time.

India grey cement volumes reached 42.41 million tonnes in Q4 FY26, up 9.3 per cent year-on-year, with capacity utilisation at 89 per cent. Full-year India grey cement volumes stood at 145 million tonnes. Energy costs declined 3 per cent, aided by a higher green power mix of 43 per cent in Q4.

The company’s domestic grey cement capacity has crossed 200 MTPA, reaching 200.1 MTPA, while global capacity stands at 205.5 MTPA. UltraTech also recommended a special dividend of Rs 2.40 billion per share value basis equivalent to Rs 240.

The resurfacing of the road linking Andada village in Ankleshwar to National Highway 48 has begun, with the foundation stone laid by the local member of the legislative assembly. The project is estimated to cost Rs 20 million (Rs 20 mn) and was announced as part of a wider district package. Local leaders and a large number of villagers attended the inauguration and the ceremony underscored the priority given to rural connectivity.

The scheme calls for the construction of a five point five metre wide reinforced cement concrete (RCC) road to replace the existing surface and improve year round access. Contractors will also build a bund and a protective wall along the roadside to ensure efficient drainage of rainwater and to reduce flood related damage. Execution will follow standard engineering practices and local authorities have scheduled phased work to minimise disruption.

The road is funded from a Rs 3 billion (Rs 3 bn) development package allocated by the state government for Bharuch district, of which Rs 20 mn has been earmarked for this corridor. The allocation covers surfacing and ancillary measures aimed at improving durability and safety for motorised and non motorised traffic. Officials said the upgrade will reduce travel time and improve access to services for residents.

Once complete, the link will provide direct connectivity from Andada to National Highway 48 and is intended to support local commerce and daily commuting. Project documents note benefits for farmers, traders and school transport and improvements in emergency access. District authorities will publish progress reports as work advances.

Local contractors will coordinate with the district public works department and traffic management teams to maintain safe passage during construction. Employment opportunities for local workers will be generated during the peak phases of activity, offering short term labour engagement. Community representatives will monitor the implementation and report on milestones to district officials.

Shree Cement reported results for the quarter and year ended 31 March 2026, with consolidated net revenue of Rs61,010 million (mn) and consolidated EBITDA of Rs13,840 mn. Standalone net revenue was Rs56,430 mn and profit after tax stood at Rs5,320 mn, improving from the prior year. Cash profit and operating metrics strengthened quarter on quarter. The board recommended a final dividend of Rs70 per share, taking total payout for the year to Rs150 per share.

Total domestic cement sales rose 11 per cent year on year from nine point five two mn tonnes (t) to 10.56 mn t, with quarter on quarter gains of about 24.5 per cent. Sales of premium products increased to 22 per cent of trade volume from 16 per cent in the prior quarter, supporting margin expansion.

The ready mixed concrete operations totalled 26 plants at year end and 10 new commercial plants inaugurated in March are under commissioning, which will raise the count to 36. The company commissioned an integrated project of three point six five mn t clinker and three point five mn t cement capacity in Karnataka, taking installed cement production capacity in India to 69.3 mn t.

Sustainability metrics included 61 per cent green electricity share in the quarter and green power generation capacity of 666.5 megawatt (MW). Manufacturing sites maintained zero liquid discharge and a water positivity index greater than eight times. Management said energy efficiency and digitalisation measures were helping to mitigate cost pressures from the West Asia conflict.

Management expressed confidence in medium term demand backed by infrastructure spending and Union Budget measures, while noting short term risks from geopolitics and monsoon forecasts. The company has incorporated a wholly owned subsidiary for overseas operations and is pursuing multiple expansion opportunities to accelerate capacity build up.

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