UltraTech Cement (ULTRACEMCO) — concall transcript

📢 Key Event
UltraTech Cement reported Q4 FY24 results with strong volume growth and outlined fuel cost reduction, capex plans, and debt targets.

🔄 What Changed
Operating cost reduction target of INR200-300 per ton over three years; green power to exceed 60% by 2027; fuel cost target of $130/ton by Q4 FY25; net debt reduction to INR1,500-2,000 crores by FY25.

🔮 What's Next
Fuel cost to decline to $130/ton by Q4 FY25; operating cost reduction of INR200-300 per ton over three years; green power to exceed 60% by 2027; net debt reduction to INR1,500-2,000 crores by FY25; capex of INR10,000 crores sustained annually.

💡 Investor Takeaway
Shareholders should note UltraTech is prioritizing cost efficiency and fuel savings to protect margins amid volume growth and capacity expansion.

UltraTech Cement reported robust Q4 volume growth of 30% YoY and 11% YoY overall, driven by strong demand and 98% utilization, with capacity expansion on track for 200 million tons by FY27. Management highlighted fuel cost reduction targets of $130/ton by Q4 FY25 from $150/ton, operating cost cuts of INR200-300/ton over three years, and green power adoption exceeding 60% by 2027. Capex remains steady at INR10,000 crores annually, while debt reduction to INR1,500-2,000 crores by FY25 and net cash position are priorities. Regional demand varied, with Western markets showing double-digit growth, though infrastructure softness persisted in the East.

📄 View Original Announcement (PDF)

📊 Stock Analysis — ULTRACEMCO ✨ Ask AI About This

About UltraTech Cement Ltd (ULTRACEMCO)

Construction Materials · Cement · Listed on BSE

Market Cap: ₹3,35,344.9 Cr P/E: 39.2 ROE: 11.2% ROCE: 13.4% Div Yield: 2.11%

View full ULTRACEMCO stock details →

📡 Get AI alerts when ULTRACEMCO files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track ULTRACEMCO — Free

💡 Ask AI about this filing

"How will fuel cost savings of $20/ton by Q4 FY25 impact EBITDA margins?" "What is the expected timeline for achieving net cash position by FY25?" "When will the Kesoram acquisition be completed and integrated?"

Ask AI Free →

📊 More ULTRACEMCO filings

See all ULTRACEMCO filings →

🔥 Also filed on 31 March 2024

BEL Bharat Electronics Ltd concall transcript M&M Mahindra & Mahindra Ltd concall transcript SBIN State Bank of India concall transcript TITAN Titan Company Ltd concall transcript

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when ULTRACEMCO files new disclosures

Track ULTRACEMCO filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track ULTRACEMCO — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd