UltraTech Cement Limited (ULTRACEMCO) Earnings Call Transcripts

UltraTech Cement Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, UltraTech Cement Limited reported a significant achievement by crossing 200 million tonnes of cement production capacity, a milestone reached a year ahead of schedule. The company recorded consolidated sales volumes of 44 million tonnes, reflecting a 19% year-on-year growth. Revenue for the quarter reached INR 3,000 crores, contributing to an annual PAT of over INR 8,000 crores. Management maintained a positive outlook for FY '27, projecting sustainable volume growth of 7% to 8% per annum, despite potential headwinds from rising fuel costs due to geopolitical tensions.

Reported metrics

Guidance from management

Management expects sustainable volume growth of 7% to 8% per annum for FY '27, despite potential cost pressures from geopolitical tensions. They maintained a positive outlook on operational efficiency and profitability.

What management said

Most important point, Rahul, I would want to make is -- and I think I already said it, but I want to repeat next few years, year in '26 until 2030 to '31, I will see INR 80 crores, INR 1,000 crores of CapEx happening from our balance sheet every year. And as the operating cash flows grow because of our existing size, existing capacities, delivering more and more. The operating -- the size of operating cash flow keeps...

Significantly because if I were to look at, let's say, India cement volumes for the quarter of 3.12 million tonnes, non-UltraTech volume was 0.39 million tonnes only. So we have had -- and everybody knows that UltraTech enjoys a premium positioning with brand transition that has definitely helped. Jaman, do you want to add.

What analysts pressed on

Analysts expressed concerns regarding the impact of rising input costs due to geopolitical tensions and the ability of the company to pass these costs onto consumers. There were also questions about the sustainability of the current pricing environment in light of competitive pressures.

Main topics on the call

• Capacity Expansion Milestone — UltraTech achieved a major milestone by reaching 200 million tonnes of cement production capacity, a feat described as 'remarkable' and indicative of a disciplined growth strategy. Management stated, 'We have committed t...
• Financial Performance — The company reported a consolidated PAT of INR 3,000 crores for Q4 FY '26, contributing to an annual PAT of over INR 8,000 crores. This performance underscores the company's strong operational execution and market positi...
• Impact of Geopolitical Tensions — Management acknowledged that the ongoing conflict in West Asia poses a 'real headwind on fuel costs' and could affect domestic prices. However, they emphasized that the underlying demand in India remains strong, stating,...
• Brand Integration Success — The completion of brand migration for India Cements and Kesoram was highlighted as a significant achievement, with management noting that '100% brand migration has been completed.' This transition is expected to enhance ...

Read the full UltraTech Cement Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 29 UltraTech Cement Limited earnings call transcripts on record, spanning January 24, 2020 to July 20, 2026. Based on this history, UltraTech Cement Limited reports quarterly. The most recent call on file is dated July 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ULTRACEMCO

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Construction Materials

Calls on record

29

First call

January 24, 2020

Most recent

July 20, 2026

Reporting cadence

quarterly