Udaipur Cement Works Ltd (UDAICEMENT) share price, results

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Revenue from operations	278	220	238	295	246	269	300	348	325	294	369	484
Operating costs	238	196	213	250	219	231	240	287	286	267	310	375
EBITDA	40	24	25	44	28	38	60	61	39	27	59	109
EBITDA margin %	14%	11%	11%	15%	11%	14%	20%	17%	12%	9%	16%	23%
Depreciation & amortisation	9	9	9	9	9	10	15	19	25	26	26	25
Finance costs	12	12	12	12	12	12	19	26	29	28	31	30
Non-operating income	0	0	0	0	0	0	10	10	1	1	1	3
Pre-tax profit	19	3	4	24	6	17	35	26	-14	-25	4	57
Effective tax rate %	28%	34%	25%	29%	33%	29%	27%	28%	-27%	-27%	43%	30%
Profit after tax	14	2	3	17	4	12	25	18	-10	-18	2	40
Earnings per share (Rs)	0.24	0.04	0.06	0.30	0.08	0.22	0.45	0.33	-0.18	-0.33	0.04	0.71

	Mar 2014 18m	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue from operations	27	92	88	85	376	579	686	735	876	1,031	1,164	1,472
Operating costs	28	90	87	82	355	539	561	586	727	897	977	1,237
EBITDA	-1	3	1	3	21	40	125	149	149	134	186	235
EBITDA margin %	-4.0%	2.9%	1.1%	4.1%	6%	7%	18%	20%	17%	13%	16%	16%
Depreciation & amortisation	4	3	6	5	30	34	34	33	35	37	53	102
Finance costs	0	4	2	0	67	69	65	54	50	48	68	121
Non-operating income	8	2	3	4	3	5	1	-4	2	1	20	7
Pre-tax profit	2	-2	-4	3	-73	-58	27	57	65	50	85	19
Effective tax rate %	0%	-561%	-294%	0%	-41%	-29%	43%	4%	25%	29%	28%	46%
Profit after tax	2	10	8	3	-43	-41	16	55	49	36	61	10
Earnings per share (Rs)	0.04	0.19	0.15	0.05	-0.82	-0.73	0.28	0.98	0.87	0.64	1.10	0.18
Paid out as dividend %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Revenue CAGR	32%	17%	19%	27%
Profit CAGR	2%	-8%	-41%	-81%
Share price CAGR	9%	4%	5%		0%
Average return on equity	4%	9%	6%			1%

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Net block (property, plant)	53	49	156	664	766	740	707	681	726	711	2,031	2,193
Capital work in progress	17	93	350	102	0	0	6	46	130	816	0	2
Investments	0	0	9	0	0	0	25	93	87	0	100	207
Current & other assets	65	40	94	112	125	143	179	155	486	268	331	292
Total assets	135	183	609	877	890	883	917	975	1,429	1,795	2,462	2,695
Share capital	118	118	118	118	118	125	125	125	125	125	224	224
Reserves & surplus	-65	-89	94	104	49	43	59	122	170	221	663	576
Total debt	55	115	350	525	609	567	567	570	941	1,145	1,310	1,617
Other liabilities & provisions	27	39	46	130	114	148	167	158	193	304	265	278
Equity + liabilities	135	183	609	877	890	883	917	975	1,429	1,795	2,462	2,695

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Operating cash flow	5	13	-5	54	24	66	113	187	143	99	128	263
Investing cash flow	-49	-84	-277	-250	-30	-7	-34	-114	-244	-500	-675	-339
Free cash flow (after capex)	-45	-71	-282	-197	-6	58	103	139	-111	-490	-456	26
Financing cash flow	91	22	299	176	7	-60	-78	-62	322	171	576	76
Net change in cash	47	-49	17	-20	1	-1	0	11	221	-230	29	-0
Cash conversion (OCF / EBITDA) %	-450%	473%	-487%	1,565%	114%	166%	90%	126%	96%	74%	69%	112%

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Return on capital employed %	-8%	0%	-1%	-0%	-1%	1%	12%	15%	11%	7%	8%	6%
Receivable days	16	1	3	4	4	2	4	0	2	2	1	4
Inventory days	108	24	37	259	163	80	84	61	100	138	222	160
Payable days	108	113	30	75	47	65	51	64	75	73	85	88
Cash cycle (days)	16	-88	9	188	120	17	37	-3	27	68	138	75
Working capital days	-131	-96	-70	44	-92	-110	-142	-53	-191	-73	-21	21

	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Promoter group %	72.54%	72.54%	72.54%	72.54%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
Foreign investors %	0.12%	0.16%	0.12%	0.09%	0.10%	0.09%	0.09%	0.11%	0.09%	0.10%	0.17%	0.18%
Domestic institutions %	0.10%	0.10%	0.10%	0.11%	0.06%	0.06%	0.04%	0.03%	0.03%	0.04%	0.13%	0.13%
Retail & others %	27.24%	27.20%	27.24%	27.26%	24.84%	24.85%	24.87%	24.87%	24.86%	24.86%	24.69%	24.68%
Shareholder count	77,593	75,418	73,639	76,189	83,678	85,777	89,353	98,604	1,14,530	1,13,202	1,10,508	1,07,410

Fundamentals

Market value₹ 2,031 Cr.

Last price₹ 36.2

P/E (trailing)201

Book value / share₹ 14.3

Return on capital6.04 %

Return on equity1.20 %

Dividend yield0.00 %

Face value₹ 4.00

Revenue CAGR (TTM)27%

Profit CAGR (TTM)-81%

Standalone figures.

Valuation

Market capRs 2,031 Cr

Enterprise valueRs 3,615 Cr

P/E (TTM)153.15x

Price to book2.54x

Price to sales1.38x

EV / EBITDA14.97x

EV / EBIT25.93x

EV / sales2.45x

Price to cash flow7.73x

Earnings yield0.65%

P/E, 3-year average24.11x

P/B, 3-year average1.97x

P/E, 5-year average17.93x

P/B, 5-year average2.09x

Profitability

Operating margin (excl. other income)15.96%

Operating margin (incl. other income)16.40%

EBITDA margin16.40%

Pre-tax margin1.48%

Net profit margin0.90%

Net margin, latest quarter8.18%

ROE1.20%

ROCE6.04%

ROA0.39%

ROE, 3-year average7.45%

ROCE, 3-year average7.17%

ROA, 3-year average1.83%

ROE, 5-year average13.18%

ROCE, 5-year average9.38%

ROA, 5-year average3.07%

ROIC (approx.)3.17%

Tax rate45.69%

Other income / net worth0.82%

Growth

Sales growth (latest year)26.55%

Profit growth (latest year)-83.57%

Sales CAGR, 3 years18.90%

Sales CAGR, 5 years16.51%

Profit CAGR, 3 years-40.81%

Profit CAGR, 5 years-8.25%

Sales growth QoQ31.10%

Profit growth QoQ1636.40%

Sales growth YoY (latest quarter)39.00%

Profit growth YoY (latest quarter)114.46%

Per share

EPS (TTM)Rs 0.24

EPS (latest quarter)Rs 0.71

EPS, 3-year averageRs 1.12

EPS, 5-year averageRs 1.39

Book value per shareRs 14.28

Sales per shareRs 26.27

Cash flow per shareRs 4.69

Efficiency

Asset turnover0.55x

Fixed asset turnover0.67x

Inventory turnover4.19x

Inventory days87 days

Debtor days4 days

Debtors turnover101.97x

Leverage

Total debtRs 1,617 Cr

Cash and bankRs 33 Cr

Net debtRs 1,584 Cr

Debt to equity2.02x

Net debt / EBITDA6.56x

Interest coverage1.19x

Owners' fund to total sources29.70%

Debt to assets59.99%

Cash flow

Operating cash flow (latest year)Rs 263 Cr

Investing cash flow (latest year)Rs -339 Cr

Financing cash flow (latest year)Rs 76 Cr

Net change in cash (latest year)Rs -0 Cr

Sales to cash flow5.60x

Statement figures

Net sales (TTM)Rs 1,472 Cr

Net sales (latest year)Rs 1,472 Cr

Sales (latest quarter)Rs 484 Cr

Operating profit excl. other income (latest year)Rs 235 Cr

Operating profit (latest quarter)Rs 109 Cr

Other income (TTM)Rs 7 Cr

EBITDA (TTM)Rs 242 Cr

PBDT (TTM)Rs 124 Cr

Profit before tax (TTM)Rs 22 Cr

Tax (latest year)Rs 8 Cr

Net profit (TTM)Rs 13 Cr

Net profit (latest year)Rs 10 Cr

Net profit (latest quarter)Rs 40 Cr

Depreciation (TTM)Rs 102 Cr

Depreciation (latest quarter)Rs 25 Cr

Interest (TTM)Rs 118 Cr

Cost of goods sold (latest year)Rs 818 Cr

Total expenditure (latest year)Rs 1,237 Cr

Total income (latest year)Rs 1,479 Cr

Share capitalRs 224 Cr

ReservesRs 576 Cr

Shareholders' fundsRs 800 Cr

Total assetsRs 2,695 Cr

Net blockRs 2,193 Cr

Capital work in progressRs 2 Cr

InvestmentsRs 207 Cr

ReceivablesRs 14 Cr

InventoryRs 195 Cr

Other liabilitiesRs 278 Cr

Shares outstanding (crore)56.05

Computed by MarketFriction from the standalone statements. Returns use average balances.

P/E 153.2 is at the 97th percentile of its own 3.1-year range (median 37.8, low 29.6, high 153.2).

P/B 2.54 is at the 30th percentile (median 5.08).

Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.

Period	UDAICEMENT	Nifty 50	Difference
1 week	+4.1%	-2.8%	+6.9 pts
1 month	-2.7%	-6.8%	+4.1 pts
3 months	+14.4%	-7.6%	+22.0 pts
6 months	+38.5%	+0.4%	+38.1 pts
1 year	+6.6%	-9.9%	+16.5 pts
2 years	+19.8%	-13.6%	+33.3 pts
3 years	+20.6%	+14.2%	+6.4 pts

Red flags

F-score 5 of 8

explain

Low interest cover Interest cover 1.2x in 2025

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2025

Sales ₹484 Cr +39.1% vs Mar 2024. Net profit ₹40 Cr +122.2%.

Activity

Compare

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UltraTech Cement Ltd	319,108	37.0	12.7 %
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J K Cements Ltd	37,278	38.2	15.1 %
Dalmia Bharat Ltd	30,712	28.0	7.59 %
ACC Ltd	22,583	11.9	11.2 %
The Ramco Cements Ltd	19,949	105	6.13 %
JSW Cement Ltd	15,349	19.5	11.1 %
Nuvoco Vistas Corporation Ltd	11,793	28.4	6.99 %
India Cements Ltd	9,412	69.7	1.24 %
Star Cement Ltd	7,198	19.0	16.6 %
Birla Corporation Ltd	6,545	11.7	9.78 %
JK Lakshmi Cement Ltd	6,085	15.8	12.0 %
Prism Johnson Ltd	5,500	46.9	5.92 %

No bulk or block deals on record.

Ex-date	Action	Factor
2024-08-08	Annual General Meeting
2023-08-09	Annual General Meeting
2023-06-14	Rights 4:5 @ Premium Rs 14/-
2022-08-03	Annual General Meeting

No announcements in our files yet.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Udaipur Cement Works Ltd?

Udaipur Cement Works Ltd (UDAICEMENT) has a market capitalisation of Rs 2,031 Cr. at the 2025-08-22 close.

What is the P/E ratio of Udaipur Cement Works Ltd?

Udaipur Cement Works Ltd trades at a P/E of 201 on trailing twelve-month profit, at the 2025-08-22 close.

What were Udaipur Cement Works Ltd's latest quarterly results?

In the Mar 2025 quarter, Udaipur Cement Works Ltd sales was Rs 484 Cr (+39.1% vs Mar 2024) and net profit was Rs 40 Cr.