UltraTech Cement Q4 result preview: PAT likely to grow 24.7%; realisation expected to decline 2%

UltraTech Cement, the flagship company of the Aditya Birla Group, will announce its fourth quarter (Q4 FY24) numbers on Monday (April 29). Zee Business analysts peg the company's net profit at Rs 2,080 crore against Rs 1,667 crore logged a year ago, which implies a 24.7 per cent rise. Additionally, the cement company is likely to report revenue of Rs 20,440 crore against Rs 18,662 crore in the corresponding quarter of the previous fiscal, up 9.5 per cent year-on-year (YoY). 

Further, the earnings before interest, taxes, depreciation, and amortisation, or EBITDA, of the company are estimated at Rs 3,760 crore against Rs 3,322 crore, up 13.1 per cent YoY. The company's margin is expected to be 18.3 per cent from 17.8 per cent a year ago. 

According to the research desk, the company's sales volume is expected to grow by 11 per cent YoY. Additionally, the company's subsidiary in Rajasthan is likely to increase its cement capacity by 0.8 mtpa. However, its realisation is expected to decline by two per cent (YoY) due to low cement prices.

How did UltraTech Cement fare in Q3?

UltraTech Cement reported a 67 per cent jump in consolidated net profit to Rs 1,774.78 crore for the third quarter that ended on December 31, 2023, against Rs 1,062.58 crore in the year-ago period.

Its revenue from operations rose 7.85 per cent to Rs 16,739.97 crore during the period, compared to Rs 15,520.93 crore in the corresponding period a year ago. 

The total income of the Aditya Birla Group firm, which includes other income, grew 7.87 per cent to Rs 16,880.45 crore in the December quarter. Shares of UltraTech Cement Ltd were trading 1.24 per cent higher at Rs 10,015 apiece on the BSE.

UltraTech Cement share price historic performance 

In a year, UltraTech Cement has gained over 30 per cent against Nifty50's rise of over 26 per cent.

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