UltraTech Cement Limited (NSE:ULTRACEMCO)
India flag India · Delayed Price · Currency is INR
11,372
-94 (-0.82%)
Jun 16, 2026, 11:40 AM IST

UltraTech Cement Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, UltraTech Cement stock has a consensus rating of "Strong Buy" and an average price target of ₹13,689. The average 1-year stock price forecast is 20.37% higher than the current stock price, while the lowest is ₹8,350 (-26.57%) and the highest is ₹15,300 (+34.54%).

Price Target: ₹13,689 (+20.37%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹8,350₹13,689₹13,835₹15,300
Change-26.57%+20.37%+21.66%+34.54%
* Price targets were last updated on Apr 28, 2026.

Analyst Ratings

The average analyst rating for UltraTech Cement stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy292828303030
Buy554555
Hold333222
Sell111000
Strong Sell222222
Total403938393939

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹14,025₹14,050
BuyMaintains₹14,025₹14,050+23.55%Apr 28, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹13,300
BuyMaintains₹13,300+16.95%Apr 28, 2026
Unknown Analyst
Motilal Oswal
No rating
Motilal Oswal
Buy
Maintains
₹14,200₹15,000
BuyMaintains₹14,200₹15,000+31.90%Feb 27, 2026
ICICI Securities
ICICI Securities
Buy
Maintains
₹15,000
BuyMaintains₹15,000+31.90%Jan 26, 2026

Financial Forecast

Revenue This Year
993.87B
from 885.12B
Increased by 12.29%
Revenue Next Year
1.11T
from 993.87B
Increased by 11.34%
EPS This Year
332.15
from 254.21
Increased by 30.66%
EPS Next Year
423.78
from 332.15
Increased by 27.59%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
525.99B632.40B709.08B759.55B885.12B993.87B
Revenue Growth
17.60%20.23%12.13%7.12%16.53%12.29%
Gross Profit
324.97B350.34B407.22B438.32B517.26B809.01B
Gross Margin
61.78%55.40%57.43%57.71%58.44%81.40%
Operating Income
89.01B77.54B98.23B85.87B123.76B142.82B
Net Income
73.44B50.64B70.05B60.39B81.66B98.05B
EPS
----254.21332.15
EPS Growth
----22.46%30.66%
Forward PE
33.6235.3435.0241.0930.8734.24
Dividend / Share
38.0038.0070.0077.50-115.07
Free Cash Flow
27.10B30.92B-4.33B1.05B18.16B59.27B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High1.1T
Avg993.9B
Low924.0B

Revenue Growth

Revenue Growth202720282029
High
18.9%
Avg
12.3%
Low
4.4%

EPS Forecast

EPS202720282029
High391.00
Avg332.15
Low266.00

EPS Growth

EPS Growth202720282029
High
53.8%
Avg
30.7%
Low
4.6%