Buy UltraTech Cement, target price Rs 13,500: JM Financial

JM Financial has buy call on UltraTech Cement Ltd. with a target price of Rs 13500.0. The current market price of UltraTech Cement Ltd. is Rs 11107.35. UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 327681.28 crore) operating in the cement sector.

UltraTech Cement's key products/revenue degments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending 31-Mar-2024.

Financials

For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85 % from last quarter Total Income of Rs 17437.62 Crore and up 12.70 % from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in latest quarter.

The company's top management includes Mr.Kumar Mangalam Birla, Mrs.Sukanya Kripalu, Mr.Sunil Duggal, Mrs.Alka Bharucha, Mr.Arun Adhikari, Mrs.Rajashree Birla, Mr.Atul Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares outstanding.

Promoter/FII Holdings
Promoters held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent.