UltraTech Cement Limited vs Ambuja Cements Limited
An objective side-by-side of ULTRACEMCO and AMBUJACEM, both in Cement - North India: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: ULTRACEMCO Jun 2026 · AMBUJACEM Jun 2026
At a glance
- UltraTech Cement Limited is the larger company by market value, about 3.4 times the size of Ambuja Cements Limited.
- On trailing earnings, Ambuja Cements Limited trades at the lower P/E (18.7 against 38.1).
- UltraTech Cement Limited earns the higher return on equity (11.2% against 8.7%).
- Over three years Ambuja Cements Limited has grown profits faster (21% a year against 18%).
- Over the past year the share prices returned -10.7% (ULTRACEMCO) and -31.3% (AMBUJACEM).
| Metric | UltraTech Cement ULTRACEMCO |
Ambuja Cements AMBUJACEM |
|---|---|---|
| Size and price | ||
| Market cap | ₹326,528 Cr | ₹97,094 Cr |
| Share price | ₹11,100 | ₹390.75 |
| Valuation | ||
| P/E | 38.10 | 18.72 |
| P/B | 4.26 | 1.64 |
| EV/EBITDA | 19.88 | 15.88 |
| PEG | 2.12 | 0.89 |
| Dividend yield | 0.7% | 0.5% |
| Profitability | ||
| ROE | 11.2% | 8.7% |
| ROCE | 13.0% | 6.0% |
| Operating margin | 19.2% | 15.5% |
| Sales (TTM) | ₹91,884 Cr | ₹39,866 Cr |
| Net profit (TTM) | ₹8,571 Cr | ₹5,186 Cr |
| Growth | ||
| Latest quarter sales YoY | +15.9% | -7.7% |
| Latest quarter profit YoY | +17.2% | -35.1% |
| Sales CAGR 3Y | +12.0% | +1.0% |
| Profit CAGR 3Y | +18.0% | +21.0% |
| Sales CAGR 5Y | +15.0% | +11.0% |
| Profit CAGR 5Y | +8.0% | +15.0% |
| Financial strength | ||
| Debt/Equity | 0.31 | 0.01 |
| Interest cover | 6.61 | 12.71 |
| Ownership | ||
| Promoter holding | 59.3% | 67.3% |
| Promoter change (4 qtrs) | +0.10 pp | -0.35 pp |
| Price performance | ||
| Return 1M | -4.10% | -4.93% |
| Return 3M | -2.65% | -8.70% |
| Return 1Y | -10.74% | -31.30% |
| Return YTD | -5.80% | -29.77% |
| Technical condition | ||
| Technical score | 27 | 20 |
| RS rating (1-99) | 45.00 | 19.00 |
| % vs 200-DMA | -5.35% | -15.64% |
| RSI (14) | 44.88 | 38.35 |
| % from 52-week high | -15.33% | -34.96% |
