UltraTech Cement comes out with special dividend

UltraTech Cement Limited, an Aditya Birla Group company, declared a special dividend of Rs 240 per share.

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The special dividend is anchored in a confluence of several milestones that FY26 has delivered: consolidated net profit crossing the Rs. 8,000-crors threshold for the first time in the company’s history; domestic grey cement capacity surpassing the landmark 200 million tonnes per annum frontier; and operating cash flows growing a remarkable 50 per cent year-on-year to Rs. 14,398 crore — the strongest in the company’s history, Ultra Tech said in a statement.

“Operating cash flow for FY26 comfortably supports both ongoing capital expenditure programmes and this distribution with no compromise to the company’s financial stability or its forward growth commitments,” it said.

UltraTech’s total domestic grey cement manufacturing capacity has crossed the 200 MTPA milestone — standing at 200.1 MTPA. Including its international footprint of 5.4 MTPA, UltraTech’s global cement manufacturing capacity now stands at 205.5 MTPA, firmly entrenching the company’s position as the largest cement producer outside of China. The company invested Rs. 9,600 crore in capital expenditure during FY26.

Projects currently under execution, backed by an ambitious capital commitment of over Rs. 16,000 crore over the next three years, would propel the company’s consolidated cement manufacturing capacity to over 240 MTPA, the company said.

“The cables and wires business continues to advance on schedule. Critical orders have been placed, civil works are progressing at the project site and the core management team is fully operational. The company remains confident of commissioning this new venture by Q3 FY27,” it added.

Also read: https://industrialeconomist.com/ultratech-breaches-200-million-tonne-annual-capacity/

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