Latest news with #WHRS
Business Upturn
11 hours ago
- Business
- Business Upturn
UltraTech Cement Q1 Results: Revenue rises 13% YoY to Rs 21,275.45 crore, Net profit up 49% YoY
UltraTech Cement Limited reported a strong performance for the quarter ended June 30, 2025 (Q1 FY26), with both its top line and bottom line showing double-digit growth on a year-on-year (YoY) basis, backed by higher volumes, better realisations, and operational efficiencies. The company's consolidated revenue for Q1 FY26 rose 13% YoY to ₹21,040 crore, compared to ₹18,626 crore in Q1 FY25. This growth was supported by an 8.7% YoY increase in domestic grey cement volumes (including India Cements), along with robust performance in ReadyMix Concrete (RMC), overseas operations, and building products. On the profitability front, net profit jumped 49% YoY to ₹2,226 crore, up from ₹1,495 crore in the same quarter last year. The growth in profitability was aided by improved realisations, cost optimisation, and higher contribution from premium products. EBITDA and margins The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew to ₹4,591 crore, up from ₹3,186 crore a year earlier, marking a 44% YoY increase. EBITDA margin improved significantly to 20.73%, compared to 16.82% in Q1 FY25, exceeding market expectations of around 19.6%. The improvement in EBITDA per metric tonne (₹1,198/Mt vs ₹911/Mt last year) was driven by better sales mix, lower logistics and fuel costs, and increased use of green and renewable power. Key business and operational highlights Grey cement domestic volumes (including India Cements) : 34.64 million tonnes, up 8.7% YoY. ReadyMix Concrete (RMC) : Revenue increased 23% YoY to ₹1,826 crore. Overseas revenues : Increased by 56.4% YoY to ₹941 crore. Premium product mix : Improved to 33.8%, up 41% YoY, contributing meaningfully to margins. Green power mix : Increased to 39.5%, with renewable power capacity reaching 1.08 GW and WHRS (Waste Heat Recovery System) at 363 MW. Clinker conversion ratio improved to 1.49 times from 1.44 last year. Cost and efficiency measures Logistics, fuel, and power costs declined YoY due to better operational efficiencies, reduced lead distances, higher clinker conversion rates, and a higher share of renewable power. Notably, fuel costs fell by 14% YoY, and logistics costs by 4% YoY. ESG and sustainability UltraTech continued to strengthen its ESG credentials: Achieved India's first-ever 7-Star Rating for sustainable mining at Naokari Limestone Mine. Received the FIPSA 2025 Responsible Packaging Award for sustainable cement packaging. Advanced its carbon capture initiatives through partnerships with IIT Madras and BITS Pilani. Capacity expansion and outlook UltraTech continues to execute its capacity expansion plans, targeting a grey cement capacity of 212.2 mtpa in India by FY27, up from 183.4 mtpa in FY25. The company is also investing in energy efficiency, process optimisation, and safety improvements to sustain growth and margins. Disclaimer: The information provided above is for informational purposes only and should not be construed as financial or investment advice. Stock market investments are subject to market risks. Please consult a financial advisor or conduct your own research before making any investment decisions. Neither the author nor the publisher is responsible for any losses incurred based on this information.
Business Recorder
21-05-2025
- Business
- Business Recorder
Going green: Power Cement to install 7.5MW wind plant
In a significant step toward sustainability, Power Cement Limited (POWER) has announced plans to set up a 7.5MW wind power project, which is expected to go live by FY2026. The listed cement maker shared the development during its corporate briefing session on Wednesday. The project will utilise Goldwind turbine with a capacity of 7,500 kW and will follow a rental model, similar to the company's existing solar agreements. 'Expected completion is targeted within FY2026,' the company stated. Upon the project's completion, wind energy would account for 11% of Power Cement's energy mix. The company already generates 34% and 6% of its energy from WHRS (Waste Heat Recovery System) and solar, respectively. Whereas, the remaining 60% comes from HESCO. Founded in 1981, Power Cement Limited stands as the flagship Company of Arif Habib Group, a prominent financial and industrial conglomerate. The factory site of the company is located at Motorway M-9, Nooriabad, Sindh. The company was previously known as Al-Abbas Cement Limited until its acquisition in 2010 by the Arif Habib Group. Presently, the company has three manufacturing lines, with a cumulative nameplate clinker production capacity of 10,700 TPD, with total annual capacity of 3.21 million tons. The company is one of the largest players in Pakistan's South zone with a total annual cement production capacity of 3.37 million tons, 11,235 TPD. The announcement aligns with a broader industry shift in Pakistan toward renewable energy as companies look to cut energy costs and reduce reliance on the national grid. Last month, Thatta Cement Company Limited completed and commissioned a 4.8MW wind power project at its plant in Thatta, Sindh. Earlier this month, Ali Asghar Textile Mills Limited (AATM), a former textile unit turned logistic service provider, informed it was developing a 1,00KW (1MW) solar power project, which has now entered the execution phase. In March, Tariq Corporation Limited announced plans to set up a 200KW solar power system at its facility.
Time of India
28-04-2025
- Business
- Time of India
UltraTech Cement's net profit up 9.57% in Q4 FY25
NEW DELHI: UltraTech Cement has reported a growth of 9.57 per cent in its net consolidated profit during the quarter ended March 31, 2025. Its profit after tax stood at ₹2,474.79 in Q4 FY25 as against ₹2,258.58 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹23,165.45 crore in Q4 FY25, a growth of 12.70 per cent from ₹20,554.55 crore it recorded in the similar quarter last year. The board of directors recommended dividend of 775% at the rate of ₹77.50 per equity share of ₹10 per share, aggregating ₹2,283.75 crore, for the year ended March 31, 2025. As on March 31, 2025, the company's net worth stood at ₹73,893.36 crore, debt-equity ratio was 0.31, total debts to total assets was 17%, current liability ratio was 42%, operating margin was 20% and net profit margin was 11%. Its consolidated sales volumes reached 41.02 million mt for the quarter, growing by 17%, consolidated net sales was Rs 22,788 crore, Energy costs were lower by 14% year-on-year, mainly on account of decrease in fuel cost which was Rs 881 per tonne in Q4 FY25 compared to ₹1,025 per tonne in Q4 FY24. Effective capacity utilization was 89% during the quarter and 78% for the full financial year. UltraTech commissioned 17.40 mtpa capacity across several locations in the country during FY25. Its domestic grey cement capacity has increased to 183.36 mtpa, on a consolidated basis. Together with its overseas capacity of 5.4 mtpa, the company's global capacity stands at 188.76 mtpa. The company also achieved over 1GW capacity of renewable power installations. It added 269 MW of renewable power during the quarter. Combined with its 342 MW in Waste Heat Recovery Systems (WHRS), the company's total green energy capacity has now reached 1.363 GW, which will cover about 46% of its current power needs.
The Hindu
28-04-2025
- Business
- The Hindu
UltraTech Cement Q4 net profit rises 10% to ₹2,482 crore
UltraTech Cement Ltd. reported a 10% growth in consolidated net profit to ₹2,482 crore for the fourth quarter ended March 31, 2025 from ₹2,258 crore a year earlier. Consolidated net sales grew 14% to ₹22,788 crore as compared with ₹20,069 crore a year ago, For FY25, the company reported a 14% fall in year-on-year (YoY) consolidated net profit to ₹6,039 crore. Annual consolidated net sales grew 7% to ₹74,936 crore YoY. Consolidated sales volumes reached 41.02 million metric tonnes for the quarter, growing by 17%. Energy costs were lower by 14% YoY, mainly on account of decrease in fuel cost which was ₹881/t in Q4 FY25 compared with ₹1,025/t in Q4 FY24. Effective capacity utilisation was 89% during the quarter and 78% for the full year, the company said. As part of its ongoing capacity expansion programme, UltraTech commissioned 17.40 metric tonnes per annum capacity across several locations in the country during FY25. The company's domestic grey cement capacity has increased to 183.36 metric tonnes per annum, on a consolidated basis. Together with its overseas capacity of 5.4 metric tonnes per annum, the company's global capacity stands at 188.76 metric tonnes per annum. The company said it also achieved over 1GW capacity of renewable power installations, making it one of the first industrial companies in India to commission 1 gigawatt of Renewable Energy capacity for captive use. It added 269 MW of renewable power during the quarter. Combined with its 342 MW in Waste Heat Recovery Systems (WHRS), its total green energy capacity has now reached 1.363 GW, which will cover about 46% of UltraTech's current power needs, the company added.
