One of the top cement producers in India, UltraTech Cement has a significant presence throughout the nation. Over the years, the business has continuously produced strong financial results, with notable increases in revenue, net profit, and earnings per share. Thus, there is currently a lot of interest among investors wishing to purchase shares of UltraTech Cement. To determine whether UltraTech Cement is a worthwhile stock to purchase, we will examine its share price projection for the years 2024 to 2030 while also examining its historical performance and current market conditions.
Ultratech Cement Q4 2024 Financial Performance Summary
- Revenue for Q4 increased by 9.41% year-over-year, with a significant 21.98% growth compared to the previous quarter.
- Profit surged by 35.55% year-over-year, alongside a robust 27.08% increase from the previous quarter.
- EPS reached ₹80.16 for Q4, marking a notable 38.81% year-over-year rise.
- Operating income showed strong performance, increasing by 30.59% quarter-over-quarter and 26.02% year-over-year.
- Selling, general & administrative expenses rose by 22.93% quarter-over-quarter and 9.87% year-over-year.
- Ultratech Cement delivered returns of 4.17% in the last week, 18.6% over the last 6 months, and -5.13% year-to-date.
- Analyst consensus as of 01 May, 2024 indicated a Strong Buy recommendation, with ratings distributed as 1 Strong Sell, 1 Sell, 4 Hold, 12 Buy, and 17 Strong Buy.
Below are the trading platforms that you can use to purchase Ultratech Cement shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 11,514.96 | 10,013.01 |
| July 2024 | 11,399.81 | 9,912.88 |
| August 2024 | 11,855.80 | 10,309.39 |
| September 2024 | 12,330.03 | 10,721.77 |
| October 2024 | 12,088.27 | 10,511.54 |
| November 2024 | 12,450.92 | 10,826.88 |
| December 2024 | 12,762.19 | 11,097.56 |
In 2024, Ultratech Cement’s share price has shown significant volatility with projections indicating a potential rise. As of June, the stock price ranged between ₹10,013.01 and ₹11,514.96. Analysts anticipate further increases, with estimates reaching up to ₹12,762.19 by December.
The company’s market capitalization stands at ₹3,07,821 Cr., with a current stock price of ₹10,662. Ultratech Cement demonstrates a Price/Earnings ratio of 43.6, a Book Value of ₹2,086, and a modest Dividend Yield of 0.36%. Key financial metrics like Return on Capital Employed (ROCE) at 15.3% and Return on Equity (ROE) at 12.3% reflect its stable financial health amidst market fluctuations
| When | Maximum Price | Minimum Price |
| January 2025 | 13,017.43 | 10,013.41 |
| February 2025 | 13,351.21 | 10,270.17 |
| March 2025 | 13,871.91 | 10,670.70 |
| April 2025 | 13,599.91 | 10,461.47 |
| May 2025 | 13,203.80 | 10,156.77 |
| June 2025 | 13,797.97 | 10,613.82 |
| July 2025 | 13,527.42 | 10,405.71 |
| August 2025 | 13,945.80 | 10,727.54 |
| September 2025 | 14,433.90 | 11,103.00 |
| October 2025 | 14,809.18 | 11,391.68 |
| November 2025 | 15,179.41 | 11,676.47 |
| December 2025 | 15,558.90 | 11,968.38 |
In 2025, Ultratech Cement’s share price is expected to range between ₹10,013.41 and ₹15,558.90, showing a potential upward trend throughout the year.
| When | Maximum Price | Minimum Price |
| January 2026 | 16,025.66 | 12,327.43 |
| February 2026 | 16,436.58 | 12,643.52 |
| March 2026 | 17,077.60 | 13,136.62 |
| April 2026 | 16,742.75 | 12,879.04 |
| May 2026 | 16,255.10 | 12,503.92 |
| June 2026 | 16,986.57 | 13,066.60 |
| July 2026 | 16,653.50 | 12,810.39 |
| August 2026 | 17,168.56 | 13,206.59 |
| September 2026 | 17,769.46 | 13,668.82 |
| October 2026 | 18,231.47 | 14,024.21 |
| November 2026 | 18,687.25 | 14,374.81 |
| December 2026 | 19,154.43 | 14,734.18 |
In 2026, Ultratech Cement’s share price is anticipated to fluctuate between ₹12,327.43 and ₹19,154.43, reflecting potential growth trends throughout the year.
| When | Maximum Price | Minimum Price |
| January 2027 | 19,537.52 | 15,028.86 |
| February 2027 | 20,038.49 | 15,414.22 |
| March 2027 | 20,819.99 | 16,015.37 |
| April 2027 | 20,411.75 | 15,701.35 |
| May 2027 | 19,817.23 | 15,244.03 |
| June 2027 | 20,709.01 | 15,930.01 |
| July 2027 | 20,302.95 | 15,617.65 |
| August 2027 | 20,930.88 | 16,100.67 |
| September 2027 | 21,663.46 | 16,664.20 |
| October 2027 | 22,226.71 | 17,097.47 |
| November 2027 | 22,782.38 | 17,524.90 |
| December 2027 | 23,351.94 | 17,963.03 |
| When | Maximum Price | Minimum Price |
| January 2028 | 23,818.97 | 18,322.29 |
| February 2028 | 24,429.72 | 18,792.09 |
| March 2028 | 25,382.48 | 19,524.98 |
| April 2028 | 24,884.78 | 19,142.14 |
| May 2028 | 24,159.98 | 18,584.60 |
| June 2028 | 25,247.18 | 19,420.91 |
| July 2028 | 24,752.14 | 19,040.11 |
| August 2028 | 25,517.67 | 19,628.97 |
| September 2028 | 26,410.79 | 20,315.99 |
| October 2028 | 27,097.47 | 20,844.20 |
| November 2028 | 27,774.90 | 21,365.31 |
| December 2028 | 28,469.28 | 21,899.44 |
| When | Maximum Price | Minimum Price |
| January 2029 | 29,038.66 | 22,337.43 |
| February 2029 | 29,783.24 | 22,910.19 |
| March 2029 | 30,944.79 | 23,803.68 |
| April 2029 | 30,338.03 | 23,336.94 |
| May 2029 | 29,454.40 | 22,657.23 |
| June 2029 | 30,779.84 | 23,676.80 |
| July 2029 | 30,176.32 | 23,212.55 |
| August 2029 | 31,109.61 | 23,930.47 |
| September 2029 | 32,198.44 | 24,768.03 |
| October 2029 | 33,035.60 | 25,412.00 |
| November 2029 | 33,861.49 | 26,047.30 |
| December 2029 | 34,708.03 | 26,698.48 |
| When | Maximum Price | Minimum Price |
| January 2030 | 35,402.19 | 27,232.45 |
| February 2030 | 36,309.94 | 27,930.72 |
| March 2030 | 37,726.02 | 29,020.02 |
| April 2030 | 36,986.30 | 28,451.00 |
| May 2030 | 35,909.03 | 27,622.33 |
| June 2030 | 37,524.93 | 28,865.33 |
| July 2030 | 36,789.15 | 28,299.35 |
| August 2030 | 37,926.96 | 29,174.58 |
| September 2030 | 39,254.40 | 30,195.70 |
| October 2030 | 40,275.02 | 30,980.78 |
| November 2030 | 41,281.89 | 31,755.30 |
| December 2030 | 42,313.94 | 32,549.19 |
Financial Condition of Ultratech Cement: Last 5 years
| Financials | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Sales (Rs. Crores) | 41,462 | 42,430 | 44,726 | 52,599 | 63,240 | 70,908 |
| Expenses (Rs. Crores) | 34,115 | 33,184 | 33,158 | 41,084 | 52,620 | 57,940 |
| Operating Profit (Rs. Crores) | 7,347 | 9,246 | 11,568 | 11,514 | 10,620 | 12,969 |
| Other Income (Rs. Crores) | 350 | 651 | 619 | 669 | 507 | 567 |
| Interest (Rs. Crores) | 1,778 | 1,992 | 1,486 | 945 | 823 | 968 |
| Depreciation (Rs. Crores) | 2,451 | 2,723 | 2,700 | 2,715 | 2,888 | 3,145 |
| Profit before Tax (Rs. Crores) | 3,468 | 5,183 | 8,001 | 8,524 | 7,416 | 9,422 |
| Net Profit (Rs. Crores) | 2,400 | 5,751 | 5,462 | 7,334 | 5,073 | 7,004 |
| EPS (Rs.) | 87.51 | 199.40 | 189.26 | 254.42 | 175.41 | 242.65 |
| Dividend Payout (%) | 13% | 7% | 20% | 15% | 22% | 29% |
Over the past five years, Ultratech Cement has demonstrated robust financial performance marked by consistent revenue growth. Sales increased steadily from ₹41,462 crores in 2019 to ₹70,908 crores in 2024, reflecting a substantial upward trajectory. Despite fluctuations in expenses and other financial metrics, the company maintained strong profitability, with notable peaks in Operating Profit and Profit before Tax reaching ₹12,969 crores and ₹9,422 crores respectively in 2024. Net Profit also showed resilience, fluctuating but ultimately ending strong at ₹7,004 crores in 2024. The company’s dividend payout ratio has increased over the years, indicating a commitment to rewarding shareholders amidst its growth trajectory.
FAQS
Ultratech Cement’s current price (as of June 22, 2024) is Rs.10,662.
Ultratech Cement’s share price has shown a generally upward trend over the past few years, with some fluctuations.
Factors that can influence Ultratech Cement’s share price include market trends, company performance, economic conditions, government policies, and global events.
What is Ultratech Cement’s sales and profit growth rate?
Ultratech Cement has shown steady growth in both sales and profits over the past few years. The growth rate may vary from year to year, depending on various factors.
It is difficult to predict with certainty whether Ultratech Cement’s share price will reach 50,000 INR by 2025. Such a target depends on various factors, including the company’s performance and overall market conditions.
The maximum share price target for Ultratech Cement in 2025 is ₹15,558.90.
The minimum share price target for Ultratech Cement in 2025 is ₹10,013.41
Any recommendation for buying Ultratech Cement shares should be based on individual financial goals, risk appetite, and market conditions. It is advisable to consult a financial advisor before making any investment decision.
Is Ultratech Cement a good investment option?
Whether Ultratech Cement is a good investment option depends on individual financial goals, risk appetite, and market conditions. It is advisable to conduct thorough research and consult a financial advisor before making any investment decision.
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Conclusion
In conclusion, Ultratech Cement emerges as a compelling investment opportunity based on its strong financial performance and positive market outlook. With consistent revenue growth and robust profitability over the past five years, the company has demonstrated resilience and adaptability in varying economic conditions.
Analysts’ optimistic projections for Ultratech Cement’s share price from 2024 to 2030 indicate potential for substantial appreciation, supported by its expanding market presence and strategic initiatives. Investors are advised to consider the company’s historical performance, current market dynamics, and individual financial goals before making investment decisions. Overall, Ultratech Cement stands poised to deliver value to shareholders amidst its trajectory of sustained growth and profitability.
What did we learn?
- 1 Ultratech Cement Q4 2024 Financial Performance Summary
- 2 How to Purchase Ultratech Cement shares?
- 3 Ultratech Cement Share Price Prediction: 2024 to 2030
- 3.1 Ultratech Cement Share Price Target 2024
- 3.2 Ultratech Cement Share Price Target 2025
- 3.3 Ultratech Cement Share Price Target 2026
- 3.4 Ultratech Cement Share Price Target 2027
- 3.5 Ultratech Cement Share Price Target 2028
- 3.6 Ultratech Cement Share Price Target 2029
- 3.7 Ultratech Cement Share Price Target 2030
- 4 Financial Condition of Ultratech Cement: Last 5 years
- 5 FAQS
- 5.1 What is Ultratech Cement’s current share price?
- 5.2 What has been Ultratech Cement’s historical share price trend?
- 5.3 What are the factors that influence Ultratech Cement’s share price?
- 5.4 What is Ultratech Cement’s sales and profit growth rate?
- 5.5 Can Ultratech Cement’s share price reach 50,000 INR by 2025?
- 5.6 What is the maximum share price Prediction for Ultratech Cement in 2025?
- 5.7 What is the minimum share price Prediction for Ultratech Cement in 2025?
- 5.8 What is the recommendation for buying Ultratech Cement shares?
- 5.9 Is Ultratech Cement a good investment option?
- 6 Conclusion
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