UltraTech Cement Limited (NSE:ULTRACEMCO)

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 ₹13,909. The average 1-year stock price forecast is 17.47% higher than the current stock price, while the lowest is ₹8,900 (-24.83%) and the highest is ₹15,500 (+30.91%).

Price Target: ₹13,909 (+17.47%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	₹8,900	₹13,909	₹14,065	₹15,500
Change	-24.83%	+17.47%	+18.79%	+30.91%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	28	28	30	30	30	30
Buy	5	4	5	5	5	5
Hold	3	3	2	2	2	2
Sell	1	1	0	0	0	0
Strong Sell	2	2	2	2	2	2
Total	39	38	39	39	39	39

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Goel ICICI Securities	ICICI Securities	Buy Maintains ₹13,880	Buy	Maintains	₹13,880	+17.23%	Jul 22, 2026
Prateek Kumar Jefferies	Jefferies	Buy Maintains ₹14,050 → ₹14,065	Buy	Maintains	₹14,050 → ₹14,065	+18.79%	Jul 21, 2026
Sanjay Mookim J.P. Morgan	J.P. Morgan	Buy Maintains ₹13,300	Buy	Maintains	₹13,300	+12.33%	Apr 28, 2026
Unknown Analyst Motilal Oswal No rating	Motilal Oswal	Buy Maintains ₹14,200 → ₹15,000	Buy	Maintains	₹14,200 → ₹15,000	+26.69%	Feb 27, 2026

Financial Forecast

Revenue This Year

1.00T

Increased by 13.52%

from 885.12B

Revenue Next Year

1.12T

Increased by 11.54%

from 1.00T

EPS This Year

338.07

Increased by 20.32%

from 280.98

EPS Next Year

426.45

Increased by 26.14%

from 338.07

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	525.99B	632.40B	709.08B	759.55B	885.12B	1.00T
Revenue Growth	17.60%	20.23%	12.13%	7.12%	16.53%	13.52%
Operating Income	89.01B	77.54B	98.23B	85.87B	123.76B	145.39B
Net Income	73.44B	50.64B	70.05B	60.39B	81.66B	99.51B
EPS	-	-	-	-	280.98	338.07
EPS Growth	-	-	-	-	32.19%	20.32%
Forward PE	33.62	35.34	35.02	41.09	30.87	35.02
Dividend / Share	38.00	38.00	70.00	77.50	-	111.87
Free Cash Flow	27.10B	30.92B	-4.33B	1.05B	18.16B	67.37B
No. Analysts	-	-	-	-	-	39

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	1.1T
Avg	1.0T
Low	936.0B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	19.6%
Avg	13.5%
Low	5.7%

EPS Forecast

Chart

EPS	2027	2028	2029
High	391.30
Avg	338.07
Low	262.92

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	39.3%
Avg	20.3%
Low	-6.4%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Jul 22, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

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