UltraTech Cement Posts Record Annual Financial Performance and Declares Special Dividend

UltraTech Cement has announced historic financial results for the full year FY26, with consolidated net sales reaching ₹87,384 crore, a 17% increase. Driven by strong volume growth and cost discipline, the company achieved a record annual profit of ₹8,305 crore. To celebrate these milestones—including crossing the 200 MTPA capacity mark—the Board has recommended a special dividend of ₹240 per share.

Historic Financial Results

UltraTech Cement has delivered exceptional performance for the year ended March 31, 2026. The company reported consolidated net sales of ₹87,384 crore, representing a 17% year-on-year growth. Operating profitability also reached historic highs, with consolidated PBIDT rising 32% to ₹17,598 crore. Notably, the company’s consolidated Profit After Tax (PAT) crossed the ₹8,000 crore threshold for the first time in its history, closing the year at ₹8,305 crore.

Operational Milestones and Growth

During Q4 FY26, grey cement sales volumes in India rose by 9.3%, with capacity utilization reaching 89%. The company successfully hit a major strategic milestone by crossing 200 MTPA in total domestic grey cement manufacturing capacity. A key driver of this operational success was the company’s focus on green energy, with the green power mix rising to a commendable 43% of total power consumption, helping to reduce energy costs and mitigate price volatility.

Capital Expenditure and Future Outlook

UltraTech invested ₹9,600 crore in capital expenditure throughout FY26. Looking ahead, the company has committed over ₹16,000 crore for capital projects over the next three years to expand consolidated cement capacity to over 240 MTPA. Furthermore, the company is advancing its new Cables and Wires business, with commissioning expected by Q3 FY27.

Special Dividend Declaration

In recognition of the company’s strong cash flow and milestone achievements, the Board of Directors has recommended a Special Dividend of ₹240 per share for the financial year 2025-26. This payout represents a deliberate and significant return to shareholders, supported by a 50% year-on-year growth in operating cash flows, which reached ₹14,398 crore.

Source: BSE

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