Link: https://links.sgx.com/1.0.0/corporate-announcements/XBEXW4UJQ6MDQ5ST/f82e7b3f069128a286c91949c77bfc3e5148c43d4d072891fed46e6a61eeb72b

Summary:

• UltraTech Cement significantly expanded its capacity, reaching 184 million tons through both organic growth and strategic acquisitions.
• The company reported robust volume growth of approximately 10% in Q4 FY25, notably higher than the estimated 4% growth for the overall Indian cement industry.
• Key acquisitions, including Kesoram and India Cements, were finalized, with specific plans outlined for performance improvement and capital expenditure at India Cements.
• UltraTech invested approximately INR9,000 crores in capex in FY25 and intends to invest a similar amount in FY26 to reach a capacity target of around 212 million tons.
• The company is focused on reducing its net debt-to-EBITDA ratio, targeting 0.5x, driven by expected increases in sales volumes and improved EBITDA.