Ultratech Cement has announced a dividend of Rs 240 per share for its shareholders, along with the release of its Q4 results. The company's board of directors declared the dividend during their meeting held on April 28, 2026. This dividend is subject to approval by shareholders at the upcoming annual general meeting.
Dividend Details
The dividend of Rs 240 per equity share of face value Rs 10 each is a significant payout for investors. The record date for the dividend is set as May 10, 2026, meaning shareholders on the company's register by that date will be eligible to receive the dividend. The payment will be made within 30 days from the date of declaration, subject to shareholder approval.
Q4 Financial Performance
Ultratech Cement also reported its financial results for the fourth quarter ending March 31, 2026. The company posted a net profit of Rs 1,200 crore, a growth of 15% compared to the same quarter last year. Revenue from operations stood at Rs 8,500 crore, driven by strong demand in the construction sector. The EBITDA margin improved to 22%, reflecting operational efficiency.
Key Highlights
- Dividend per share: Rs 240
- Record date: May 10, 2026
- Payment date: Within 30 days of declaration
- Net profit: Rs 1,200 crore (up 15% YoY)
- Revenue: Rs 8,500 crore
The company's strong performance is attributed to robust infrastructure spending and a rebound in housing demand. Ultratech Cement continues to focus on cost optimization and capacity expansion to maintain its market leadership. Analysts remain positive on the stock, with a target price of Rs 8,500 per share.
