UltraTech Cement Ltd is India’s largest cement manufacturer and a flagship company of the Aditya Birla Group. The company plays a crucial role in India’s infrastructure and housing ecosystem, supplying cement and building solutions across residential, commercial, and large-scale infrastructure projects.
With strong demand visibility from government-led infrastructure spending, urban housing growth, and rural development, UltraTech Cement remains one of the most structurally strong companies in the Indian building materials sector. In this article, we present a fresh, SEO-friendly analysis of UltraTech Cement Ltd share price targets from 2026 to 2030, based on current market data, industry outlook, and long-term fundamentals.
| Detail | Value |
|---|---|
| Open | ₹12,100.00 |
| Previous Close | ₹12,087.00 |
| Day’s High | ₹12,225.00 |
| Day’s Low | ₹12,066.00 |
| VWAP | ₹12,170.76 |
| 52-Week High | ₹13,097.00 |
| 52-Week Low | ₹10,047.85 |
| All-Time High | ₹13,097.00 |
| All-Time Low | ₹245.25 |
| Market Capitalization | ₹3,60,127 Cr |
| Volume | 1,94,431 |
| Value (Lacs) | 23,761.41 |
| 20D Avg Volume | 1,99,801 |
| 20D Avg Delivery (%) | 64.48% |
| Face Value | ₹10 |
| Book Value Per Share | ₹2,444.44 |
| Dividend Yield | 0.63% |
| Beta | 0.88 |
UltraTech Cement is a pan-India cement powerhouse with a strong presence across grey cement, white cement, ready-mix concrete (RMC), and building solutions. Its extensive manufacturing footprint, strong logistics network, and economies of scale provide a significant competitive advantage.
The company benefits directly from:
National infrastructure expansion
Housing-for-all initiatives
Urbanization and smart city development
Long-term industrial and commercial construction demand
Market leader with the largest cement capacity in India
Strong pricing power due to scale and brand leadership
Diversified geographic presence reducing regional risk
Efficient cost management and logistics optimization
Backing of the Aditya Birla Group
UltraTech Cement’s long-term growth is closely linked to India’s economic development:
Massive government infrastructure spending
Growth in affordable and premium housing
Rising demand from roads, metros, and industrial corridors
Long-term cement demand growth tracking GDP expansion
Cement consumption in India is still lower per capita compared to global averages, offering significant headroom for growth.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 59.23% |
| Foreign Institutions | 15.82% |
| Mutual Funds | 14.06% |
| Retail & Others | 8.30% |
| Other Domestic Institutions | 2.59% |
Strong promoter holding and healthy institutional participation reflect long-term confidence in UltraTech Cement’s fundamentals.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 13,500 | 14,800 |
| 2027 | 15,200 | 16,800 |
| 2028 | 17,000 | 18,900 |
| 2029 | 19,200 | 21,500 |
| 2030 | 22,000 | 24,500 |
These projections consider capacity expansion, pricing discipline, margin stability, and long-term infrastructure demand.
By 2026, UltraTech is expected to benefit from steady infrastructure execution and housing demand recovery.
Growth Drivers
Improved capacity utilization
Stable cement prices
Infrastructure project execution
Investment View: Suitable for conservative investors seeking stability.
In 2027, margin improvement and operational efficiencies could support valuation expansion.
Growth Drivers
Economies of scale benefits
Improved cost efficiency
Continued housing demand
Investment View: Strong core holding for long-term portfolios.
By 2028, UltraTech may gain from sustained demand growth and disciplined capacity addition.
Growth Drivers
Strong RMC and premium product sales
Higher realization per tonne
Market leadership advantage
Investment View: Ideal for investors focused on steady compounding.
With India’s infrastructure cycle in full swing, UltraTech could deliver consistent earnings growth.
Growth Drivers
Pan-India demand recovery
Higher operating leverage
Stable profitability
Investment View: Suitable for long-term wealth preservation and growth.
By 2030, UltraTech Cement may remain the undisputed leader in India’s cement sector, supported by scale, efficiency, and strong balance sheet.
Growth Drivers
Long-term infrastructure and housing demand
Strong cash flows and balance sheet
Leadership in sustainable construction solutions
Investment View: Ideal for long-term investors seeking low-volatility compounding.
UltraTech Cement Ltd represents a blue-chip, low-risk play on India’s infrastructure and construction growth. While returns may not be extremely aggressive, the company offers stability, predictable cash flows, and consistent long-term growth.
Industry leadership and scale advantage
Strong balance sheet and cash generation
Long-term infrastructure visibility
Reliable dividend-paying track record
Cyclical nature of cement demand
Energy and raw material cost volatility
Aggressive capacity addition across the sector
Short-term pricing pressure
UltraTech Cement Ltd stands out as a structurally strong, market-leading cement company well-positioned to benefit from India’s long-term infrastructure and housing growth. Despite cyclical challenges, its scale, execution capability, and financial strength provide resilience across economic cycles.
Based on current fundamentals and long-term sector outlook, UltraTech Cement Ltd share price could reach ₹22,000–₹24,500 by 2030, making it a solid choice for long-term investors seeking stability and consistent compounding.
1. What is the current share price of UltraTech Cement Ltd?
It trades around the levels mentioned in the latest market data table and fluctuates daily.
2. What is the UltraTech Cement share price target for 2026?
The expected range is ₹13,500 to ₹14,800.
3. Is UltraTech Cement Ltd a good long-term investment?
Yes, especially for conservative investors seeking stable, long-term growth.
4. What is the UltraTech Cement share price target for 2030?
The projected range is ₹22,000 to ₹24,500.
5. What factors influence UltraTech Cement’s share price the most?
Infrastructure spending, cement demand, input costs, pricing power, and overall economic growth.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
