UltraTech Cement share price today

UltraTech Cement Ltd's share price was ₹11,816.00 at the close on 4 November 2026. It has been falling for 7 weeks. That is 3.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹10,616 and ₹12,984, and at that close it sat 51% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today UltraTech Cement Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +326% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 4 quarters in a row and foreign funds (FIIs) cut their stake for 4 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹23,295 crore, +18.8% on a year earlier.

   Why: Revenue rose because the company sold more cement and got better prices for it.

   Next results: check whether the further price rises in the next couple of months help the next quarter.

   From the earnings call on 19 Oct 2026.

2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row

   From 16.7% to 20.9% of the company by the September 2026 quarter.

3. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 15.3% to 12.2% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), UltraTech Cement reported revenue of ₹23,295 crore, up 18.8% from ₹19,607 crore a year earlier, and a profit of ₹1,501 crore, up 21.2% from ₹1,238 crore.

UltraTech Cement results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

UltraTech Cement's management discussed these results on a call held on 19 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

UltraTech Cement closed at ₹11,816.00 on 4 November 2026, down 0.3% from ₹11,849.00 a year earlier (7 November 2025) and up 49.9% over five years. Its highest weekly close since February 2016 was ₹12,963.00 on 13 February 2026.

UltraTech Cement share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: UltraTech Cement closed at ₹11,816.00, up 7.0% on the week and up 10.3% on the month. 19 Oct 2026: UltraTech Cement held its results call for July to September 2026. Management guided: 240 MT grey capacity on track as planned with detailed next-phase organic plans before fiscal-end, North a focus.

Earlier

• Results for July to September 2026: Revenue up 18.8% and profit up 21.2% on a year earlier.
• 30 Jul 2026: ex-date for a dividend of ₹240 a share.

UltraTech Cement paid ₹240 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 2.03% at the ₹11,816.00 close on 4 November 2026. The last was a dividend of ₹240 a share, ex-date 30 July 2026.

UltraTech Cement dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. UltraTech Cement Ltd paid out 87% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 19 October 2026, UltraTech Cement's management guided: 240 MT grey capacity on track as planned with detailed next-phase organic plans before fiscal-end, North a focus.

“This is a sweet spot to be in: price improvements, volume growth and cost optimization. What more could one ask for?”Atul Daga, on the call for July to September 2026

What management guided

• FY27 capital spending around ₹10,000 crore plus or minus, to be revisited after Q3 results.
• Net debt to operating profit below 1x by March-end from 1.2-1.3x September level.
• Fuel cost around ₹2.2 per 000 Kcal through second half assuming current petcoke lasts and no further escalation.
• Further price lift next couple months for Q3 benefit with higher operating profit per ton on a year earlier next two quarters and ₹1,400 per ton exit March 2028.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 19 October 2026.

When UltraTech Cement reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Q3 earnings capture of late-September and October price lift - check whether full benefit lands as flagged.

UltraTech Cement is on 2 of our India lists: Nifty 50 companies and Dividend stocks.

UltraTech Cement Ltd earned ₹1,501 Cr of net profit in the Sep 2026 quarter, +21.2% on the same quarter a year earlier. That is the 7th quarter in a row of profit growth. Full-year FY26 profit was ₹8,188 Cr. Over 10 years profit has grown 12.7% a year on average. That is 6.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹1,238 Cr.

For the full year, FY26 profit was ₹8,188 Cr (+35.6% on the year before).

Why profit moved: revenue changed +18.8% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +21.6% and revenue +17.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

UltraTech Cement Ltd reported ₹23,295 Cr of revenue in the Sep 2026 quarter, +18.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 13.4% a year on average. The last full year, FY26, came in at ₹88,512 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹95,572 Cr.

FY26 revenue was ₹88,512 Cr, +16.5% on the year before.

Recent pace: the last four quarters grew +17.4% on average, against 13.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.9%, against +15.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +21.1%, against +19.0% a year (stabilising).

UltraTech Cement Ltd's operating margin was 16.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 17.0% and 26.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed +0.2 percentage points on the year while gross margin changed −1.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 174% of UltraTech Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹15,316 Cr of operating cash against ₹8,188 Cr of profit. After ₹11,382 Cr of spending on assets, ₹3,934 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 174% of profit came in as cash: the cash cycle got 19 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 4.7× depreciation over three years. The next section checks what that spending is building.

UltraTech Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 13 days in FY26, up from −6 days in FY21. It spent ₹55,721 Cr on assets over the last 3 years. Customers take 25 days to pay, and stock sits for 206 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹88,512 Cr, each day of that cycle ties up about ₹242 Cr, so roughly ₹3,152 Cr is tied up in the business at any time.

FY26: customers took 25 days to pay and stock sat for 206 days, about 6.8 months of sales sitting as stock, for a full cycle of 13 days, longer than FY21's −6.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 206 days. Customers pay about 25 days after that. Suppliers are paid at 217 days. Together that makes the 13-day cycle.

Spending on assets: ₹55,721 Cr over the last 3 years, against ₹11,804 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹8,742 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

UltraTech Cement Ltd's P/E is 39.1×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 40.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹298.67.