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

JM Financial has a Buy call on UltraTech Cement with a target price of Rs 13,500. The current market price of UltraTech Cement is Rs 11464.4. The time period given by the analyst is a year when UltraTech Cement price can reach a defined target. UltraTech Cement, incorporated in 2000, is a Large Cap company with a market cap of Rs 328835.43 crore, operating in the Cement sector.

UltraTech Cement’s key products/revenue segments 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 the 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 BSR & Co. 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.