Ultratech Nathdwara Cement Ltd
About
UltraTech Cement Limited is an Indian multinational cement company based in Mumbai. It is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India and 5th largest around the globe with an installed capacity of 152.70 million tonnes per annum and 119 million tonnes per annum sales volume. UltraTech traces its origins to 1983 when it began as the cement division of Larsen & Toubro (L&T), being sold under the "L&T Cement" brand. In 2000, L&T decided to sell its cement business. . It was listed on NSE on 24th August, 2004. One of its most prominent acquisitions is Burnpur Cements Ltd. from Punjab National Bank’ Asset Reconstruction Company for a cas consideration of ₹169.79 crore in December 2023. It is currently under Grasim Industries, a flagship company of Aditya Birla Group.
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Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2092 10.6% | 1892 37.0% | 1381 -2.4% | 1415 13.5% | 1247 -33.4% | 1872 -6.5% | 2002 -17.2% | 2418 -9.4% | 2668 -2.9% | 2749 19.4% | 2303 19.6% | 1925 -14.0% | 2238 10.0% | 2035 - |
| Net Operating Income (INR Cr) | 2086 24.72% | 1672 30.85% | 1278 0.00% | 1367 16.95% | 1169 0.00% | 1892 -7.17% | 2038 -11.19% | 2294 -7.34% | 2476 -7.22% | 2669 17.41% | 2273 19.36% | 1904 -15.72% | 2260 15.24% | 1961 103.92% |
| Profit (INR Cr) | 92 -67.9% | 287 2465.2% | 11 -77.3% | 49 - | -743 - | -367 - | -323 - | -152 - | -249 - | 47 - | -19 - | 18 -94.0% | 293 98.9% | 147 - |
| Assets (INR Cr) | 1233 3.8% | 1188 -40.8% | 2006 -39.2% | 3302 1.3% | 3261 -26.9% | 4458 -2.9% | 4590 14.4% | 4014 12.7% | 3563 26.0% | 2828 -0.9% | 2855 17.6% | 2427 -1.0% | 2452 21.5% | 2018 - |
| Net Worth (INR Cr) | -1302 6.5% | -1392 17.2% | -1682 0.0% | -1194 -4.2% | -1246 0.0% | 415 -49.6% | 824 73.2% | 476 -19.1% | 588 -19.8% | 733 16.5% | 629 18.2% | 532 -24.4% | 704 40.9% | 500 18.8% |
| Employee Cost (INR Cr) | 59 -4.3% | 62 5.1% | 59 -0.2% | 59 12.1% | 53 -42.7% | 92 -1.2% | 93 -1.4% | 94 -4.1% | 98 18.4% | 83 33.4% | 62 9.5% | 57 34.1% | 42 20.8% | 35 - |
| Interest Cost (INR Cr) | 189 | 210 | 274 | 368 | 463 | 476 | 404 | 393 | 313 | 248 | 189 | 139 | 118 | 100 |
| Cash & Bank Balance (INR Cr) | 54 | 54 | 61 | 68 | 72 | 53 | 55 | 138 | 71 | 133 | 162 | 348 | 373 | 192 |
| Total Debt (INR Cr) | 2529 | 2575 | 3439 | 4487 | 4499 | 3976 | 3695 | 3405 | 2893 | 2020 | 2151 | 1829 | 1716 | 1408 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.4% | 15.2% | 0.8% | 3.5% | - | - | - | - | - | 1.7% | - | 0.9% | 13.1% | 7.2% |
| Profit As % Of Assets | 7.5% | 24.1% | 0.6% | 1.5% | - | - | - | - | - | 1.7% | - | 0.7% | 11.9% | 7.3% |
| Profit As % Of Networth | - | - | - | - | - | - | - | - | - | 6.4% | - | 3.3% | 41.6% | 29.5% |
| Interest Cost to EBITDA % | 53.1% | 56.3% | 111.1% | 84.3% | - | 348.1% | 567.8% | 209.3% | 2316.6% | 59.6% | 74.4% | 54.8% | 19.3% | 28.2% |
| Debt to Equity Ratio | - | - | - | - | - | 9.57 | 4.48 | 7.16 | 4.92 | 2.76 | 3.42 | 3.44 | 2.44 | 2.82 |
| RONW | - | - | - | - | - | - | - | - | - | 6.7% | - | 3.7% | 43.4% | 28.3% |
| ROCE | 4.6% | 5.1% | 5.3% | 7.4% | 0.0% | 0.6% | -1.4% | 0.0% | 3.8% | 11.6% | 7.4% | 6.6% | 24.1% | 18.2% |