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 2026-11-05 close
Latest results: ULTRACEMCO Sep 2026 · AMBUJACEM Sep 2026
At a glance
- UltraTech Cement Limited is the larger company by market value, about 3.7 times the size of Ambuja Cements Limited.
- On trailing earnings, Ambuja Cements Limited trades at the lower P/E (32.2 against 40.8).
- UltraTech Cement Limited earns the higher return on equity (12.0% against 5.0%).
- Over three years Ambuja Cements Limited has grown profits faster (21% a year against 18%).
- Over the past year the share prices returned +1.6% (ULTRACEMCO) and -31.7% (AMBUJACEM).
| Metric | UltraTech Cement ULTRACEMCO |
Ambuja Cements AMBUJACEM |
|---|---|---|
| Size and price | ||
| Market cap | ₹360,358 Cr | ₹96,411 Cr |
| Share price | ₹12,250.00 | ₹388.00 |
| Valuation | ||
| P/E | 40.79 | 32.16 |
| P/B | 4.90 | 1.62 |
| EV/EBITDA | 21.35 | 18.91 |
| PEG | 2.27 | 1.53 |
| Dividend yield | 0.6% | 0.5% |
| Profitability | ||
| ROE | 12.0% | 5.0% |
| ROCE | 13.0% | 6.0% |
| Operating margin | 19.1% | 14.0% |
| Sales (TTM) | ₹95,572 Cr | ₹36,813 Cr |
| Net profit (TTM) | ₹8,835 Cr | ₹2,998 Cr |
| Growth | ||
| Latest quarter sales YoY | +18.8% | -33.3% |
| Latest quarter profit YoY | +21.3% | -95.0% |
| 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 | 0.40 | 0.02 |
| Interest cover | 6.61 | 12.71 |
| Ownership | ||
| Promoter holding | 58.5% | 67.3% |
| Promoter change (4 qtrs) | -0.75 pp | -0.35 pp |
| Price performance | ||
| Return 1M | +13.95% | +7.32% |
| Return 3M | +0.49% | -12.81% |
| Return 1Y | +1.63% | -31.68% |
| Return YTD | +3.95% | -30.26% |
| Technical condition | ||
| Technical score | 80 | 57 |
| RS rating (1-99) | 63.00 | 22.00 |
| % vs 200-DMA | +5.45% | -10.78% |
| RSI (14) | 74.40 | 62.12 |
| % from 52-week high | -6.56% | -34.10% |
