UltraTech Cement is expected to post a 10% rise in net profit to ₹2,251 crore in Q1 FY26, as per Bloomberg estimates.
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Aditya Birla group company UltraTech Cement is expected to register a 10 per cent increase in its net profit for the June quarter, at Rs 2,251 crore, against Rs 1,670 crore logged in the same period last year.
Revenue will increase 19 per cent to Rs 21,506 crore (Rs 18,069 crore), as per Bloomberg estimates.
EBITDA likely to see 20% jump on realisations, cost control
EBITDA was estimated to rise 20 per cent to Rs 4,409 crore (Rs 3,039 crore).
Kotak Institutional Research has predicted volumes of 34 million tonnes, a 11 per cent increase in the quarter under review, driven by recent acquisitions.
Volumes boosted by acquisitions
“We estimate blended realisations to increase 2 per cent y-on-y on account of price hikes in most regions during the quarter,” it said.
Kotak expects costs per tonne to decline by 4 per cent, driven by operating leverage and higher fuel costs. EBITDA per tonne is expected to increase 32 per cent to Rs 1,274 a tonne, led by price hikes during the quarter, partially offset by higher costs, it said.
Motilal Oswal Research sees sales volume rising 17 per cent YoY, aided by inorganic growth. However, on a like-to-like basis, Ultratech Cement’s volume growth is estimated at 6 per cent y-on-y.
“We expect EBITDA per tonne at Rs 1,186 (Rs 951 a tonne). Adjusted net profit is estimated to increase 32 per cent y-on-y.
Phillip Capital has estimated blended realisations to increase by 4 per cent, while EBITDA per tonne is expected to jump 31 per cent to Rs 1,244.
12.4 mt capacity addition seen in FY26
Citi Research expects the company to add another 12.4 million tonnes of capacity in FY26.
UltraTech’s advantages include lower costs, improved efficiencies, and slightly better pricing, based on recent trends and continued growth visibility.
Downside risks include lower prices, weaker demand, cost efficiency slippages, and weak economic growth.
YES Securities estimates blended EBITDA per tonne of Rs 1,287 for Q1 FY26, up 35 per cent year-over-year, driven by strong volume growth.
Published on July 21, 2025
