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Earnings · Cement · Mega cap

UltraTech Cement logs 16% sales growth, 17% PAT rise in Q1 FY27

Domestic grey cement volumes rose 13.1% to 39.2 MT. Capacity utilisation at 81%, EBITDA per tonne at ₹1,214. Green power mix now 47%.

3 earlier stories on Ultratech Cement Ltd.
Mkt cap₹3.39 lakh cr
P/E41.46×
ROE8.54%
Debt / eq.0.33
Div yld2.10%
₹24,465 cr Q1 net sales, up 16% YoY

What's new

  • Consolidated net sales up 16% to ₹24,465 crore
  • Net profit up 17% to ₹2,604 crore
  • Domestic grey cement volumes up 13.1% to 39.2 million tonnes

Why this matters

A strong start to the fiscal year, driven by housing and infrastructure demand. However, the results were widely anticipated, with no surprise or guidance from management.

What we're watching

  • Sustainability of demand in the monsoon quarter
  • Cost trends, especially fuel, and impact on EBITDA per tonne
  • Progress on the green power mix target beyond 47%

The full read

UltraTech Cement had a solid June quarter. Net sales rose 16% to ₹24,465 crore, net profit jumped 17% to ₹2,604 crore, and domestic volumes grew 13.1% to 39.2 million tonnes. Capacity utilisation stood at 81%, and EBITDA per tonne improved to ₹1,214. The company also added 20 MW of waste heat recovery, pushing its green power mix to 47%. Yet these are standard quarterly numbers for a large-cap cement maker. The market already had a good idea of demand trends from channel checks and macro data. There is no unpublished material information here—just a confirmation of the momentum. The real test will be whether demand holds through the monsoon and whether the company can sustain EBITDA per tonne as costs fluctuate.

Questions answered

How much did UltraTech's domestic cement volumes grow?
Domestic grey cement sales volumes grew 13.1% year-on-year to 39.2 million tonnes in the June quarter.
What drove the revenue and profit growth?
Growth was supported by demand across housing, infrastructure, and commercial construction, with capacity utilisation at 81%.
What is UltraTech's EBITDA per tonne?
Operating EBITDA per tonne improved to ₹1,214 in the quarter.
What is the green power mix and what was added?
Green power mix now stands at 47%, after commissioning 20 MW of waste heat recovery capacity during the quarter.
Did UltraTech provide any future guidance?
No; the filing was a routine board approval of quarterly results with no management commentary or guidance.
Mentioned: ₹24,465 cr net sales · 39.2 MT volumes · ₹1,214 EBITDA per tonne
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Ultratech Cement Ltd.

Cement
₹3.51 L cr
P/E 41.06×

Latest quarter · Jun 2026

Sales₹24,648 cr
Net profit₹2,602 cr
Op. margin+20.4%
EPS₹88.21

Strength & growth

Debt / equity0.33×
Current ratio0.73×
Sales CAGR+13.0%
EPS CAGR+10.9%
  1. 20 Jul 2026 · 2:26 PM IST UltraTech Cement logs 16% sales growth, 17% PAT rise in Q1 FY27
  2. 1d ago UltraTech Cement eyes ₹5,000 crore NCD issue
  3. 1d ago UltraTech Cement guides double-digit volume, warns of Q2 cost pressure
  4. 1d ago UltraTech Cement Q1 sales up 16% to ₹24,465 cr, PAT up 17%