- UltraTech Cement reported a net income of 8.20 billion rupees, which is below the estimated 10.32 billion rupees.
- Revenue for the quarter was slightly below expectations at 156.35 billion rupees, compared to the projected 157.11 billion rupees.
- Total costs amounted to 148.37 billion rupees.
- Raw material costs were 25.70 billion rupees, lower than the anticipated 27.56 billion rupees.
- Power and fuel expenses came in at 38.38 billion rupees, under the forecasted 39.82 billion rupees.
- Freight and forwarding expenses totaled 35.84 billion rupees, slightly under the estimate of 36.19 billion rupees.
- The company reported other income of 2.21 billion rupees.
- Profit before depreciation, interest, tax, and other income was 22.39 billion rupees.
- The stock has 30 buy ratings, 9 hold ratings, and 2 sell ratings from analysts.
A look at Ultratech Cement Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Ultra Tech Cement Ltd., a leading producer of a wide range of cement products, shows a fairly positive long-term outlook according to the Smartkarma Smart Scores analysis. With a decent score of 3 for Value, 4 for Dividend, and 3 each for Growth, Resilience, and Momentum, the company seems to be positioned reasonably well for the future. The above-average Dividend score indicates a strong likelihood of consistent dividend payouts, which could attract income-seeking investors. However, the company has room for improvement in terms of value and growth factors, as indicated by their respective scores.
Ultra Tech Cement, a company born out of the cement operations of Larsen & Toubro and now predominantly owned by Grasim Industries, exhibits a balanced performance across key factors evaluated by Smartkarma Smart Scores. While there are areas that could be enhanced, such as value and growth, the solid Dividend score suggests stability and attractiveness for income-focused investors. With a mix of strengths in resilience and momentum, Ultra Tech Cement appears poised to navigate market challenges and capitalize on opportunities for future growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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