INDIA MARKET LENS
Companies◆ MixedQuarterly Results

UltraTech Cement Q2 profit rises 21% to ₹1,494 crore; sales up 19% on year

Ultratech Cement moved higher in a quarterly results development for Q2FY27.

· BS Companies

Net sales rose 18.9 per cent to ₹23,024 crore and domestic grey-cement volumes grew 13.8%, while PBIDT increased 17.3% to ₹3,832 crore on year in…

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Period
Q2FY27

Ultratech Cement reported ₹1,494 crore, ₹23,024 crore and ₹3,832 crore for Q2FY27, with movement of 21%, 19% and 18.9% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.4% on the day at ₹10,650.00, and has returned -7.3% over three months. It sits 18% below its 52-week high. The cement & construction sector has moved -14.2% over the same period, so Ultratech Cement is running 6.9 points ahead of its peers.

For Ultratech Cement, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is ULTRACEMCO.
  • Sector exposure: Cement & Construction.
ULTRACEMCOCement & Construction