Tools · ULTRACEMCO.NS

UltraTech Cement Limited, taken apart.

Four panels built from the reported annual accounts, then the rest of the engine. Every figure below is UltraTech Cement Limited’s own filing, not an estimate of ours.

Income statement, four years

Read across, not down. Each line is shown for four fiscal years, so the direction matters more than any single column.

UltraTech Cement Limited annual income statement, as reported. Columns are fiscal years, most recent first.
LineFY2026FY2025FY2024FY2023
Revenue₹87,384 Cr₹74,936 Cr₹69,810 Cr₹62,338 Cr
Cost of revenue₹21,489 Cr₹17,501 Cr₹15,322 Cr₹12,827 Cr
Gross profit₹65,895 Cr₹57,436 Cr₹54,487 Cr₹49,510 Cr
Operating expenses₹53,650 Cr₹49,012 Cr₹44,819 Cr₹41,933 Cr
Operating income₹12,245 Cr₹8,424 Cr₹9,668 Cr₹7,577 Cr
Net income₹8,166 Cr₹6,039 Cr₹7,005 Cr₹5,064 Cr
Diluted EPS277.45205.13242.87175.54

Net income moved +61.3% across these years while earnings per share moved +58.1% — less than the profit itself, because the share count changed. Profit split fewer ways is not the same as more profit.

The rest of the engine

The panels above are built from filings. These run against the live engine.