The largest cement producer in India, Ultratech Cement Ltd, has long had a prominent position in the sector. The company has a significant presence in both domestic and foreign markets, and it has repeatedly shown that it is capable of generating steady growth and profitability. As a result, investors wishing to make investments in India’s cement industry frequently choose Ultratech Cement.
In this article, we will examine the share price performance of Ultratech Cement in recent years and make an attempt to project its possible share price objective from 2023 to 2030. We will look at the main variables that can have an effect on the firm’s growth trajectory in the upcoming years and investigate the numerous chances and difficulties that the company will face.
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UCL IN RECENT NEWS
- Geojit Financial Services has given a buy rating to Ultratech Cement with a target price of Rs 8760, whereas Sharekhan also recommended buying Ultratech Cement shares with an expected price of Rs 8400, indicating to growth in the near future of the company.
- During the March quarter of the 2022–23 fiscal year, Ultratech Cement reported a net consolidated profit of Rs. 1,665.95 crore. Comparing this to the same quarter in the prior fiscal year, which saw a profit of Rs 2,460.51 crore, there has been a reduction of 32.29%.
- ESG was provided to Ultratech Cement and many other companies by GreenLine recently.
UCL SHARE PRICE TARGET 2023
|UCL SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
According to the data provided, Ultratech Cement’s projected share price targets for 2023 vary month to month. The minimum and maximum share price targets for each month are as follows: May 2023 (₹4,937.08-₹6,418.21), June 2023 (₹5,924.50-₹7,701.85), July 2023 (₹7,109.40-₹9,242.22), August 2023 (₹7,820.34-₹10,166.44), September 2023 (₹8,211.36-₹10,674.76), October 2023 (₹7,820.34-₹10,166.44), November 2023 (₹8,602.37-₹11,183.09), and December 2023 (₹9,634.66-₹12,525.06). The projections indicate that Ultratech Cement’s share price is expected to rise over the course of the year, with the maximum price projected to reach ₹12,525.06 in December 2023.
UCL SHARE PRICE TARGET 2024
|UCL SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
In 2024, the projected maximum price for Ultratech Cement shares starts at ₹13,184.27 in January and reaches its peak in December at ₹17,535.62. The minimum price target for the year starts at ₹1037.03 in January and gradually increases to ₹13,488.94 in December. In February and March, the maximum share price targets are ₹14,813.79 and ₹15,593.46, respectively. In April and June, the maximum and minimum share price targets are the same at ₹14,175.87 and ₹10,904.52, respectively. The lowest maximum price target for the year is in May at ₹11,813.23, while the lowest minimum price target is in July at ₹9,340.69. In October, the projected maximum share price target jumps to ₹16,373.13, while the minimum price target increases to ₹12,594.72. The maximum share price target for November is ₹17,191.79, and the minimum price target is ₹13,224.45.
UCL SHARE PRICE TARGET 2025
|UCL SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
Looking at the projected share price targets for Ultratech Cement in 2025, we see a mixed bag of highs and lows. The maximum and minimum price targets for the year are ₹21,270.99 and ₹12,343.35, respectively. In January 2025, the maximum and minimum prices are projected to be ₹17,886.34 and ₹13,758.72, respectively. Moving on to February, the maximum and minimum prices are expected to be ₹18,827.72 and ₹14,482.86, respectively. March 2025 is projected to have a maximum and minimum share price target of ₹19,769.11 and ₹15,207.01, respectively. April 2025 has a lower projection with a maximum price of ₹17,650.99 and a minimum price of ₹13,577.69. In May 2025, the share price is expected to be ₹16,046.36 at its lowest and ₹12,343.35 at its highest. In June, the maximum and minimum share price targets are the same as in April at ₹17,650.99 and ₹13,577.69, respectively. July 2025 is expected to have a maximum price of ₹16,810.47 and a minimum price of ₹12,931.13. Finally, in December 2025, the maximum and minimum share price targets are projected to be ₹21,270.99 and ₹16,362.30, respectively.
UCL SHARE PRICE TARGET 2026 TO 2030
|UCL SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
According to the projected data, Ultratech Cement’s maximum and minimum share price targets for 2026 are ₹14,889.69 and ₹10,422.78, respectively. Moving on to 2027, the projected maximum and minimum prices are ₹12,656.24 and ₹8,859.37, respectively. Looking ahead to 2028, the maximum and minimum share price targets are expected to reach ₹22,781.23 and ₹15,946.86, respectively. In 2029, the share price is projected to reach a maximum of ₹46,796.17 and a minimum of ₹32,757.32. Lastly, for 2030, the projected maximum price is ₹52,113.92, while the minimum price is expected to be ₹36,479.75.
FINANCIAL STRENGTH OF ULTRATECH CEMENT LTD (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||16.82||5.52||2.40||33.28||21.30|
|Total Expenses Growth (%)||19.82||-1.46||-1.54||37.86||26.04|
|Profit after Tax (PAT)||7,344.31||5,463.10||5,755.26||2,403.51||2,222.17|
|PAT Growth (%)||34.43||-5.08||139.45||8.16||-18.15|
|Operating Profit Margin (%)||17.69||21.46||16.91||12.88||15.77|
|Net Profit Margin (%)||13.96||12.21||13.56||5.77||7.17|
|Basic EPS (₹)||254.64||189.40||199.55||84.02||80.94|
Based on Ultratech Cement’s financial statements for the past five years, the company has shown steady growth in terms of revenue and profitability. The total revenue for FY 2022 was ₹53,106.64 crore, which is a growth of 16.82% from the previous year. The company’s total expenses have also increased by 19.82% from the previous year, but despite this, Ultratech Cement has managed to maintain a healthy operating profit margin of 17.69% in FY 2022.
Moreover, Ultratech Cement’s net profit margin has improved from 7.17% in FY 2018 to 13.96% in FY 2022. The company’s Profit After Tax (PAT) has shown a significant growth of 34.43% from the previous year, with a PAT of ₹7,344.31 crore in FY 2022. The Basic EPS (Earnings Per Share) has also increased from ₹80.94 in FY 2018 to ₹175.41 in FY 2023. Price-to-Earning ratio and Price-to-Book ratio have also increased to 43.91 and 4.41 respectively.
Overall, Ultratech Cement has shown consistent growth in terms of revenue and profitability in the past five years, with PAT and EPS showing strong growth. While there have been fluctuations in the company’s total expenses and profit margins, Ultratech Cement has managed to maintain a healthy financial position with its maximum revenue growth being 33.28% in FY 2019 and its minimum net profit margin being 5.77% in the same year.
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What is the maximum share price target of UltraTech Cement in 2026?
The maximum share price target of UltraTech Cement in 2026 is Rs.14,889.69
What is the maximum share price target of UltraTech Cement in 2027?
The maximum share price target of UltraTech Cement in 2027 is Rs.12,656.24
What is the maximum share price target of UltraTech Cement in 2028?
The maximum share price target of UltraTech Cement in 2028 is Rs. 22,781.23
What is the maximum share price target of UltraTech Cement in 2029?
The maximum share price target of UltraTech Cement in 2029 is Rs. 46,796.17
What is the maximum share price target of UltraTech Cement in 2030?
The maximum share price target of UltraTech Cement in 2030 is Rs. 52,113.92
CONCLUSION: ULTRATECH CEMENT SHARE PRICE TARGET
According to the growth in income, PAT, revenue, and profit during the last five years, Ultratech Cement appears to have followed a favourable growth trajectory. The business has seen tremendous revenue growth and has been able to keep operating profit margins at a high level. Furthermore, the PAT increase has remained steady over time, showing that the business has been able to properly control its costs. The fundamental EPS has likewise increased over time.
In light of these elements, Ultratech Cement shares may be a solid investment option for anyone looking for a dependable and expanding business in the cement sector. Nonetheless, investors should conduct their own research as market conditions, competition, and other variables can alter share values.