Overview

• UltraTech Cement's Q4FY25 consolidated net profit rose 9.9% year-on-year to Rs 2,482 crore, with revenue increasing 13% to Rs 23,063 crore.
• The company completed its acquisition of Kesoram Cement on March 1, 2025, with financial consolidation effective from April 1, boosting capacity to 188.76 mtpa globally.
• UltraTech announced a Rs 10,000 crore capital expenditure plan for FY26, targeting further capacity expansion and operational improvements.
• Despite strong results, UltraTech's share price fell nearly 2% as investors had already priced in high expectations; analysts cite valuation concerns and flat operating margins.
• Brokerages remain broadly optimistic about UltraTech's long-term growth potential, with Motilal Oswal and JM Financial maintaining positive ratings, while Nuvama adopts a more cautious outlook.