ULTRACEMCO
ULTRATECH CEMENT LIMITED
Each stock's 10,000-path forecast, rendered as light.
ULTRATECH CEMENT LIMITED (ULTRACEMCO) Stock Analysis & Case Study
Is ULTRACEMCO a good buy? The data-driven verdict.
ULTRATECH CEMENT LIMITED (ULTRACEMCO) trades at ₹12,105,on the numbers it tread carefully, a Downstox Snapshot Score of 44/100.
On the numbers, ULTRATECH CEMENT LIMITED (ULTRACEMCO) tread carefully, a Downstox Snapshot Score of 44/100, weighing expensive at 41.4× earnings, ROE of 11.1%, a 66% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ULTRACEMCO fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ULTRACEMCO ranks against the 2,373 companies in our screener
- ULTRACEMCO's market cap of 3.57L Cr ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's book value of ₹2,600 ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's promoter holding of 59.3% ranks in the 50th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's 3-year profit (PAT) growth of 17.0% ranks in the 52nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's 3-year revenue growth of 12.0% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's debt-to-equity ratio of 0.31x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ULTRACEMCO overvalued? ULTRACEMCO P/E vs its Cement
ULTRACEMCO's P/E of 41.4× sits above the Cement peer median of 22.9×, so on earnings it screens richer than peers, while its 1.98% dividend yield is above the peer median of 1.78%.
ULTRACEMCO share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ULTRACEMCO history (12%/yr drift, 23%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ULTRACEMCO 2027 | ₹9,971 | ₹13,362 | ₹17,906 | +10% |
| ULTRACEMCO 2028 | ₹9,723 | ₹14,750 | ₹22,377 | +22% |
| ULTRACEMCO 2029 | ₹9,824 | ₹16,282 | ₹26,987 | +35% |
| ULTRACEMCO 2030 | ₹9,974 | ₹17,973 | ₹32,389 | +48% |
| ULTRACEMCO 2031 | ₹10,284 | ₹19,840 | ₹38,276 | +64% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ULTRACEMCO goes up, or doubles?
The bull case for ULTRACEMCO
- A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹13,362 (+10%).
- Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹26,987.
The bear case & risks
- ULTRACEMCO's P/E of 41.4x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ULTRACEMCO's return on equity of 11.1% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹9,824.
ULTRACEMCO volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ULTRACEMCO compounded at 12%/year with annualized volatility of 23%. That volatility implies a 1-year 80% range of ₹9,971-₹17,906, the honest backbone behind any single price target.
ULTRACEMCO price forecast, the full 60-month probability fan
ULTRACEMCO price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ULTRACEMCO hits common targets within the simulated horizon?
Full multi-horizon detail on the ULTRACEMCO price target & forecast page.
ULTRACEMCO Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ULTRACEMCO scores 6/8, mixed financial health.
ULTRACEMCO MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy ULTRACEMCO with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.27% | 4.3× |
| Zerodha | 22.80% | 4.4× |
| Groww | 22.84% | 4.4× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.00% | 5.0× |
| Paytm Money | 20.48% | 4.9× |
| Pocketful | 27.00% | 3.7× |
| Anand Rathi | 26.75% | 3.7× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 26.82% | 3.7× |
Compare every broker on the ULTRACEMCO MTF page.
ULTRACEMCO vs peers,Cement comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| ULTRACEMCO (this stock) | 41.4× | 1.98% | ₹3.57L Cr |
| GRASIM | 45.2× | 0.30% | ₹2.26L Cr |
| AMBUJACEM | 22.9× | 0.46% | ₹1.08L Cr |
| RELIANCE | 24.2× | 0.45% | ₹18.06L Cr |
| TCS | 16.5× | 2.61% | ₹8.87L Cr |
| HDFCBANK | 14.3× | 1.78% | ₹11.26L Cr |
| INFY | 15.3× | 4.08% | ₹4.77L Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About ULTRATECH CEMENT LIMITED: sector, index & market-cap context
ULTRATECH CEMENT LIMITED (ULTRACEMCO) is a large-cap NSE-listed company in the Cement sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹3.57L Cr. See more stocks on our screener.
How the ULTRACEMCO Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of ULTRATECH CEMENT LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ULTRACEMCO analysis, FAQs
Is ULTRATECH CEMENT LIMITED (ULTRACEMCO) a good buy?
On the numbers, ULTRATECH CEMENT LIMITED (ULTRACEMCO) tread carefully, a Downstox Snapshot Score of 44/100, weighing expensive at 41.4× earnings, ROE of 11.1%, a 66% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ULTRACEMCO overvalued or undervalued?
ULTRACEMCO trades at 41.4× earnings versus a peer median of 22.9×, so it screens richer than its Cement peers.
What is the ULTRACEMCO share price target for 2031?
ULTRACEMCO's probability-weighted 2031 median target is ₹19,840, with an 80% range of ₹10,284-₹38,276 (10,000-path Monte-Carlo).
What is the probability ULTRACEMCO doubles in 5 years?
The modelled probability of ULTRACEMCO reaching ₹24,210 (2×) within 5 years is 35%.
What is the bull case for ULTRACEMCO?
A 10,000-path probability model puts a 66% chance the price is higher in a year, with a median target of ₹13,362 (+10%). Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in ULTRACEMCO?
ULTRACEMCO's P/E of 41.4x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ULTRACEMCO's return on equity of 11.1% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.