Ultratech Cement Q4 Results: Profit Rises 12 % Sequentially, Beats Estimates.
Ultratech cement reduced net debt by Rs. 10264 crores for the year ended March net Debt Ebitda ratio to 0.55x from 1.72x a year earlier.
The board Recommended dividends of Rs 37 per share aggregating Rs 1068 crore.
Additional capacity is being created in east, central, and north India.
Ultratech Cement Quarterly Profit and Loss Statement
Consolidated Rs. Crores/view
Sep 2020 | Dec 2020 | March 2021 | |
Sales | 10387 | 12262 | 14406 |
Net Profit | 1309 | 1584 | 1775 |
EPS Rs. | 45.36 | 54.89 | 61.50 |
Ultratech Cement Yearly Profit and Loss Statement
Consolidated Rs. Crores/view
Mar 2019 | Mar 2020 | Mar 2021 | |
Sales | 41462 | 41833 | 44726 |
Net Profit | 2404 | 5815 | 5463 |
EPS Rs. | 87.51 | 201.47 | 189.26 |
Ultratech Cement Share Holding Pattern
Sep 2020 | Dec 2020 | Mar 2021 | |
Promoters | 59.91 | 59.97 | 59.96 |
FIIs | 15.30 | 16.80 | 17.28 |
DIIs | 15.38 | 14.10 | 13.74 |
Government | 0.08 | 0.08 | 0.08 |
Public | 9.26 | 8.98 | 8.87 |
Other | 0.07 | 0.07 | 0.07 |
Ultratech Cement Q4 Financial Year March 2021 Result
About Ultratech Cement
Ultratech Cement is engaged in the manufacturing and sale of cement and cement-related product primarily in India.
Ultratech Cement #KEY POINTS
Manufacturing Capabilities
Presently the company has an installed capacity of 117 MnTPA of cement which is 24% of the total installed cement capacity in India.
its manufacturing facilities are present across India with no region accounting for more than 25% of sales.it has 50 integrated plants spread across India.
Presently it has a capacity utilization rate of 80%.
Leadership Position
ultratech cement is the largest cement company in India and 3rd largest cement company in the world (ex-china)
it is also the only cement producer outside of china to have +MnTPA of manufacturing capacity in a single country.
Brands
its brands include ultra tech cement, ultra-tech concrete, Ultratech Building Products, Ultratech Building Solutions & Birla White cement under which it sells various different products.
Extensive Distribution Networks
The company Distribution Network Consists of 30000 dealers, 64000 retailers,2100 UBS outlets, and a fleet of 37600 trucks
Reach
The company operates in four countries viz. UAE, Bahrain, Shri Lanka, and India. It has a capacity of
- 1 MnTPA in Baharain,
- 1.5MntPA in Srilanka
- 2.5 MnTPA in UAE.
Its foreign Operations account for total revenues.
Research & Development
The company has products/Processes patented to its name. It spent 25 crores on R&D.It recently developed new products Like masonry cement,ultra-lightweight concrete, high impact resistance concrete, concrete admixtures, etc. Through R&D.
Green Power
The company is focusing on using green power for its operations. It aims to increase green power share from 13% in FY21 to 34% in FY 24 of which 24 % would come from WHRS (Waste Heat Recovery System) and 8% from solar.
Recent Acquisitions
In 2018, the company acquired Binani cement Ltd through NCLAT for 7950 crores. It renamed the company as ultratech Nathdwara cement ltd which is now a wholly-owned subsidiary It had an installed capacity of 6.25 MnTPA of cement and 4.6 MnTPA of clinker in Rajasthan. It also had a 2 MnTPA Cement Capacity in china.
in 2019, the company acquired the cement business of Century Textiles & Industries ltd which had an installed capacity of 14.6 MnTPA.
The company allocated 14 crores equity shares to the shareholders of Century Textiles & Industries as per the scheme of Demerger.
Divestments
in 2020 the company sold its china operations which it got from the acquisitions Of Binani cement Ltd in 2018.it sold at a value of 900 crores.
In 2019 the company divested its Bangladesh operations to a German enterprise for 211 crores INR.
Expansion
In 2020 the company announced expansion plans to increase its annual production by 12.8 million tonnes with a greenfield investment of 5500 crores.
Peer Comparison
- Ultratech Cement
- Shree Cement
- Ambuja Cements
- ACC
- JK Cements
- Birla Corpn
- Prism Johnson
Ultratech Cement Dividends Details
Ultratech Cement Increasing Dividends Consistently over the last 5 Years.
Dividend type | Dividend per share | Ex. Date |
Final | 13.00 | 29 July 2020 |
Final | 11.50 | 10 Jul 2019 |
Final | 10.50 | 10 Jul 2018 |
Final | 10.00 | 10 Jul 2017 |
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