India Cements Ltd vs Ultratech Cement Ltd Stock Comparison
India Cements Ltd vs Ultratech Cement Ltd Stock Comparison
Last Updated on: Mar 22, 2026
Key Highlights
The Latest Trading Price of India Cements Ltd is ₹ 359.55 as of 20 Mar 15:30
. The P/E Ratio of India Cements Ltd changed from 25.1 on March 2021 to 0 on March 2025 . This represents a CAGR of -100.00% over 5 yearsThe P/E Ratio of UltraTech Cement Ltd changed from 35.6 on March 2021 to 56.1 on March 2025 . This represents a CAGR of 9.52% over 5 years The Market Cap of India Cements Ltd changed from ₹ 5190 crore on March 2021 to ₹ 8571 crore on March 2025 . This represents a CAGR of 10.55% over 5 yearsThe Market Cap of UltraTech Cement Ltd changed from ₹ 194474 crore on March 2021 to ₹ 339011 crore on March 2025 . This represents a CAGR of 11.76% over 5 years The revenue of India Cements Ltd for the Dec '25 is ₹ 1137 crore as compare to the Sep '25 revenue of ₹ 1146 crore. This represent the decline of -0.71% The revenue of UltraTech Cement Ltd for the Dec '25 is ₹ 21965 crore as compare to the Sep '25 revenue of ₹ 19781 crore. This represent the growth of 11.04% The ebitda of India Cements Ltd for the Dec '25 is ₹ 94.29 crore as compare to the Sep '25 ebitda of ₹ 104.13 crore. This represent the decline of -9.45% The ebitda of UltraTech Cement Ltd for the Dec '25 is ₹ 3957 crore as compare to the Sep '25 ebitda of ₹ 3262 crore. This represent the growth of 21.28% The net profit of India Cements Ltd changed from ₹ 71.33 crore to ₹ -2.67 crore over 7 quarters. This represents a CAGR of NaN%
The net profit of UltraTech Cement Ltd changed from ₹ 1493 crore to ₹ 1729 crore over 7 quarters. This represents a CAGR of 8.74%
The Dividend Payout of India Cements Ltd changed from 13.96 % on March 2021 to 0 % on March 2025 . This represents a CAGR of -100.00% over 5 yearsThe Dividend Payout of UltraTech Cement Ltd changed from 19.99 % on March 2021 to 36.88 % on March 2025 . This represents a CAGR of 13.03% over 5 years .
About India Cements Ltd
India Cements Limited is the largest producer of cement in South India.
The company has four plants in Tamil Nadu and four in Andhra Pradesh, India, which cater to all major markets in South India and Maharashtra.
They are the market leader with a market share of 28% in the South India.
They have a distribution network with over 10,000 stockists.
Their brands include Coromandel King-Sankar Sakthi- Raasi Gold, Coromandel-Sankar-Raasi, blended cements and Sulphate Resisting Portland Cement.
About UltraTech Cement Ltd
UltraTech Cement Limited was incorporated on August 24, 2000 as a Public Limited Company with the name 'L&T Cement Limited' as a 100% subsidiary of Larsen & Toubro Limited.
On November 2003, Company's name was changed from L&T Cement Limited to UltraTech Chem Co. Limited.
In July 2004, Grasim Industries Ltd acquired management control of the Company and the name was changed from UltraTech ChemCo Limited to UltraTech Cement Limited on October 14, 2004.
The Company is the largest manufacturer of Grey Cement, Ready Mix Concrete (RMC) and White Cement in India.
It is also one of the leading cement producers globally.
With a consolidated Grey Cement Capacity of 132.4 MTPA, it is the third largest cement producer in the world excluding China, and the only one globally (out of China) to have over 100 MTPA of cement manufacturing capacity in a single country.
FAQs for the comparison of India Cements Ltd and UltraTech Cement Ltd
Which company has a larger market capitalization, India Cements Ltd or UltraTech Cement Ltd?
Market cap of India Cements Ltd is 11,142 Cr while Market cap of UltraTech Cement Ltd is 322,018 Cr
What are the key factors driving the stock performance of India Cements Ltd and UltraTech Cement Ltd?
The stock performance of India Cements Ltd and UltraTech Cement Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for India Cements Ltd and UltraTech Cement Ltd?
As of March 22, 2026, the India Cements Ltd stock price is INR ₹359.55. On the other hand, UltraTech Cement Ltd stock price is INR ₹10927.75.
How do dividend payouts of India Cements Ltd and UltraTech Cement Ltd compare?
To compare the dividend payouts of India Cements Ltd and UltraTech Cement Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.