
UltraTech Cement Ltd, a flagship company of the Aditya Birla Group, is India’s largest cement manufacturer and the third-largest globally (excluding China). With a robust market presence, strategic expansions, and a focus on sustainability, UltraTech is a compelling investment option. This blog provides a share price forecast for UltraTech Cement Ltd for 2025, 2030, 2035, and 2050, incorporating historical CAGR, financial performance, and growth drivers.
UltraTech Cement: Company Overview
Founded in 2000, UltraTech Cement Ltd is headquartered in Mumbai and operates a consolidated grey cement capacity of 183.06 MTPA as of March 2025. The company produces a wide range of products, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), ready-mix concrete, and building solutions like wall putty and adhesives. With a market capitalization of approximately ₹3,50,758 crore as of April 2025, UltraTech dominates the Indian cement industry with a 22% share of grey cement capacity.
Historical Financial Performance and CAGR
UltraTech has demonstrated strong financial growth over the years. Based on available data, the stock price CAGR for UltraTech Cement is:
For the financial year 2024, UltraTech reported:
Despite a 17.3% decline in Q3 2024 net profit (₹1,469.51 crore), the company achieved a 2.71% YoY revenue increase and 10% volume growth, driven by infrastructure demand and operational efficiencies.
Share Price Forecast: 2025 to 2050
2025 Forecast
As of April 17, 2025, UltraTech’s share price is ₹11,903.00, with a 52-week high of ₹12,143.90. Analysts project a share price range of ₹12,100 to ₹13,000 by the end of 2025, supported by:
Projected CAGR: Assuming a conservative 10% CAGR (lower than the 3-year average of 25%), the share price could reach ₹13,093 by December 2025.
2030 Forecast
By 2030, UltraTech is expected to leverage its expanded capacity and sustainability initiatives. Analysts forecast a share price range of ₹18,600 to ₹20,000, driven by:
Projected CAGR: With a 10% CAGR from 2025, the share price could reach ₹21,174 by 2030, aligning with WalletInvestor’s estimate of ₹17,958.84.
2035 Forecast
Looking to 2035, UltraTech’s focus on technological advancements and low-cost expansions will drive growth. Assuming a moderated CAGR of 8% due to market maturity, the share price could reach ₹37,260. Key drivers include:
2050 Forecast
By 2050, UltraTech’s global leadership and operational efficiencies could push its share price to ₹95,000–₹1,00,000, assuming a conservative 6% CAGR from 2035. Long-term growth will depend on:
Financial Report Summary (2024-2025)
Risks and Challenges
Is UltraTech Cement a Good Investment?
UltraTech Cement’s strong fundamentals, market leadership, and strategic expansions make it a promising long-term investment. With a projected CAGR of 8-10% over the next decade, the stock offers significant growth potential. However, investors should monitor economic trends and conduct thorough research before investing.
Disclaimer: Stock market investments carry inherent risks. Consult a financial advisor before making decisions.
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