UltraTech Cement Declares Rs 240 Dividend Amid Strong Q4 Results

UltraTech Cement has declared a dividend of ₹240 per share, following the release of its financial results for the fourth quarter of the fiscal year ending March 2026. The announcement was made on April 27, 2026, during a meeting with analysts and investors.

The proposed dividend, which amounts to a remarkable 2400% on shares with a nominal value of Rs 10, is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). If sanctioned, shareholders will receive Rs 240 for each share they own as of the record date, which is yet to be announced.

In the quarterly financial report, UltraTech Cement showcased a significant year-on-year increase in net profit, rising by 20% to reach ₹2,983 crore for the January to March window. This growth reflects the company's strategic expansions and a focus on increasing production capacity over the past decade.

Revenue from core operations experienced a 12% increase, climbing to Rs 25,799 crore from Rs 23,063 crore a year prior. Furthermore, the company reported an improvement in earnings per share (EPS), reaching Rs 101.41, compared to Rs 84.38 in the same quarter last year.

The cement manufacturer also noted a robust performance in domestic sales, highlighting a 15% rise in grey cement and a 15.3% increase in the white cement sector.

Following the announcement, shares of UltraTech Cement closed at Rs 12,010, slightly up by 0.10% from the previous close of Rs 11,998. In the past five years, the company's shares have provided returns exceeding 89%, while gains over the past three years stand at 59%. However, the stock has faced a decline of 1.9% in the past year but has shown resilience with an uptick of 8.6% in the last month alone.

As of the latest market data, UltraTech Cement enjoys a market capitalisation of Rs 3.53 lakh crore, reaffirming its position as a leading player in the cement industry in India. The board's recommendation for the Rs 240 dividend reflects management's confidence in the company's sustained financial health and growth potential in the coming years.

Richard Close, an analyst, stated, "This dividend declaration is a strong indication of UltraTech’s operational efficiencies and profitability, further cementing its stature in the market." Investors and market analysts will be closely monitoring the company’s AGM for further developments regarding the dividend approval.