What is the future of UltraTech Cement?

What is the future of UltraTech Cement?

The acquired assets are estimated to have clocked a capacity utilisation of 35-40 per cent in the September quarter, and UltraTech is aiming to increase to 60 per cent by the start of FY19, say analysts. The sooner it gets there, the faster it will add to UltraTech margins.

What is the position of UltraTech Cement?

It is the third largest cement producer in the world, excluding China. UltraTech is the only cement company globally (outside of China) to have 100+ MTPA of cement manufacturing capacity in a single country.

What is the turnover of UltraTech?

UltraTech Cement Limited recorded a net revenue of over 447 billion Indian rupees in fiscal year 2021. This was a consistent increase in value since financial year 2016. UltraTech Cement is the cement flagship company of the Aditya Birla Group.

Is UltraTech Cement debt free?

Synopsis. Ambuja Cements and ACC are debt-free companies, while UltraTech Cement, Shree Cement and Dalmia Bharat have taken debts to fund capex.

Why UltraTech Cement is going down?

UltraTech Q3 EBITDA missed expectations on higher manufacturing costs and other expenses. The quarter witnessed multiple headwinds with intermittent demand hiccups, rising costs and unfavourable pricing. “Going forward, management expects the strong demand undercurrent to support the cement prices.

What is the full form of JK cement?

The name JK is derived from the initials of Kamlapat and his father Seth Juggilal (1857–1922), who belonged to the family associated with the Marwari firm Sevaram Ramrikhdas of Mirzapur. The JK group was founded in 1918. J. K. Organisation. Industry. cement, tyre, paper, Software, FMCG ,Dairy products.

Who is the CEO of UltraTech Cement?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of UltraTech Cement Ltd….PREMARKET.

Management
Kumar Mangalam Birla Chairman
Pramod Rajgaria President
Rajashree Birla Non Executive Director
Ramesh Mitragotri Chief Human Resource Officer

What is the net worth of Shree Cement?

RETURN ON ASSETS

BalanceSheet – Shree Cements Ltd.
Rs (in Crores)
Share Capital 36.08 34.84
Reserves & Surplus 15213.99 9562.55
Net Worth 15250.07 9597.39

What is the listing page of UltraTech Cement Ltd?

The Listing Page of UltraTech Cement Ltd. presents the Incorporation Date, Public Issue Date, Book Closure dates, Face Value, Key Listing information, Indices it is a part of, and the Exchanges where the company is listed. Union Minister Mahendra Nath Pandey tests positive…

What is the capacity of Ultratech white cement plant?

In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has a white cement plant with a capacity of 0.68 MTPA and 2 WallCare putty plants with a combined capacity of 0.85 MTPA.

Which is the largest cement manufacturer in India?

Ultratech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum, and is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China.

Did Ultratech acquire Jaiprakash Associates?

In February 2016, Bombay High Court rejected UltraTech’s plan to acquire two cement plants from Jaiprakash Associates. In 2015 the court passed the Mines and Mineral Development and Regulation Act after which the company began to make plans to acquire several cement plants as a whole by acquiring Jaiprakash Associates.