Case study

ULTRACEMCO

Ultratech Cement

Tread carefully
0Score

Ultratech Cement (ULTRACEMCO) Stock Analysis & Case Study

Is ULTRACEMCO a good buy? The data-driven verdict.

Ultratech Cement (ULTRACEMCO) trades at ₹11,402,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Ultratech Cement (ULTRACEMCO) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 40.6× earnings, ROE of 11.2%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

The Downstox take on ULTRACEMCO

UltraTech carries a P/E near 41, the kind of multiple usually reserved for fast compounders, yet its ROE of 11.2% and ROCE of 12.8% are merely decent for a capital-heavy cement leader. That gap is the whole debate: are you paying a premium for sheer scale and consolidation optionality, or for returns that haven't yet earned the price tag? The Piotroski score of 4 out of 9 hints the recent fundamental trend is uninspiring, and the 0.68% yield offers little cushion while you wait. Watch whether incremental capacity actually lifts returns on capital.

Downstox editorial view, written by our own analysts. Information, not investment advice.

ULTRACEMCO fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3.36L Cr
Current price
₹11,402
P/E ratio
40.6×
P/B ratio
4.39×
Book value
₹2,600
Dividend yield
0.68%
ROCE
12.8%
ROE
11.2%
Piotroski F-Score
4/9

Is ULTRACEMCO overvalued? ULTRACEMCO P/E vs its Cement

ULTRACEMCO's P/E of 40.6× sits above the Cement peer median of 21.3×, so on earnings it screens richer than peers, while its 0.68% dividend yield is above the peer median of 0.68%.

ULTRACEMCO P/E
40.6×
Peer median P/E
21.3×
ULTRACEMCO div yield
0.68%
Peer median yield
0.68%

The bull case for ULTRACEMCO

  • Ultratech Cement is part of the nifty50 universe with live, tracked fundamentals on Downstox.

The bear case & risks

  • A rich 40.6× P/E leaves a thin margin of safety if growth slows.
  • Return on equity is a soft 11.2%, capital efficiency trails higher-quality peers.

ULTRACEMCO Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. ULTRACEMCO scores 4/9,mixed financial health.

ULTRACEMCO MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy ULTRACEMCO with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox27.1%3.7×
Zerodha23.1%4.3×
DhanCHEAPEST22.0%4.5×

Compare every broker on the ULTRACEMCO MTF page.

ULTRACEMCO vs peers,Cement comparison

StockP/EDiv yieldMarket cap
ULTRACEMCO (this stock)40.6×0.68%₹3.36L Cr
GRASIM42.5×0.31%₹2.16L Cr
AMBUJACEM21.3×0.47%₹1.06L Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr

About Ultratech Cement: sector, index & market-cap context

Ultratech Cement (ULTRACEMCO) is a large-cap NSE-listed company in the Cement sector, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹3.36L Cr. See more Nifty 50 stocks.

How the ULTRACEMCO Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Ultratech Cement'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 (ULTRACEMCO) a good buy?

On the numbers, Ultratech Cement (ULTRACEMCO) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 40.6× earnings, ROE of 11.2%. This is a data snapshot for research, not investment advice.

Is ULTRACEMCO overvalued or undervalued?

ULTRACEMCO trades at 40.6× earnings versus a peer median of 21.3×, so it screens richer than its Cement peers.

What is the bull case for ULTRACEMCO?

Ultratech Cement is part of the nifty50 universe with live, tracked fundamentals on Downstox.

What are the risks in ULTRACEMCO?

A rich 40.6× P/E leaves a thin margin of safety if growth slows. Return on equity is a soft 11.2%, capital efficiency trails higher-quality peers.

More on ULTRACEMCO