UltraTech Cement Retains ‘AAA’ Credit Rating from CARE Ratings
Cement

UltraTech Cement Retains ‘AAA’ Credit Rating from CARE Ratings

UltraTech Cement, a flagship company of the Aditya Birla Group, has once again secured top-tier credit ratings from CARE Ratings, reaffirming its financial stability and market leadership.

Key Ratings & Financial Strength Long-Term/Short-Term Bank Facilities (Rs 130 billion): CARE AAA; Stable / CARE A1+ Fixed Deposit Program (Rs 740 million): CARE AAA; Stable Why UltraTech Cement Maintains AAA Ratings According to CARE Ratings, the ‘AAA’ rating reflects UltraTech’s dominance in the Indian cement sector, supported by:

Extensive & Diversified Capacities:

India: 177.7 million tonnes per annum (MTPA) installed capacity (as of March 1, 2025) Global: 183.1 MTPA capacity Projected Expansion: 188.2 MTPA by FY25, 214.7 MTPA by FY27 Resilient Financial Profile:

Despite capital expenditures and acquisitions, UltraTech’s financial health remains strong. Net debt-to-PBILDT ratio expected to be around 1.6x by FY25, with further improvements thereafter. Robust liquidity driven by steady cash flows, moderate working capital utilization, and healthy cash reserves. UltraTech’s strategic expansion and disciplined financial management continue to reinforce its leadership in India’s cement industry, ensuring sustained growth and creditworthiness.

UltraTech Cement, a flagship company of the Aditya Birla Group, has once again secured top-tier credit ratings from CARE Ratings, reaffirming its financial stability and market leadership. Key Ratings & Financial Strength Long-Term/Short-Term Bank Facilities (Rs 130 billion): CARE AAA; Stable / CARE A1+ Fixed Deposit Program (Rs 740 million): CARE AAA; Stable Why UltraTech Cement Maintains AAA Ratings According to CARE Ratings, the ‘AAA’ rating reflects UltraTech’s dominance in the Indian cement sector, supported by: Extensive & Diversified Capacities: India: 177.7 million tonnes per annum (MTPA) installed capacity (as of March 1, 2025) Global: 183.1 MTPA capacity Projected Expansion: 188.2 MTPA by FY25, 214.7 MTPA by FY27 Resilient Financial Profile: Despite capital expenditures and acquisitions, UltraTech’s financial health remains strong. Net debt-to-PBILDT ratio expected to be around 1.6x by FY25, with further improvements thereafter. Robust liquidity driven by steady cash flows, moderate working capital utilization, and healthy cash reserves. UltraTech’s strategic expansion and disciplined financial management continue to reinforce its leadership in India’s cement industry, ensuring sustained growth and creditworthiness.

Next Story
Infrastructure Urban

Agartala Plans Dedicated Bicycle Lanes, Inclusive Roads in Smart City

Agartala is preparing to become more inclusive and environmentally friendly through plans to introduce dedicated bicycle lanes and barrier-free roads under its Smart City initiative. The city will implement dedicated cycling lanes along major routes, including a stretch from Agartala Airport to Lichubagan, as part of the Urban Mobility Agenda 2025. The initiative aims to provide safe, separate lanes for cyclists to encourage green, accessible, healthy, and affordable transportation, benefiting a wide range of residents such as students and working women.Alongside cycling infrastructure, there ..

Next Story
Real Estate

Telangana to Develop 80-acre Eco-Town Inspired by Japan’s Kitakyushu

The Telangana government has announced plans to develop an 80-acre Eco-Town inspired by Kitakyushu City in Japan, as part of its broader commitment to sustainable development. The initiative will serve as a model for environmentally responsible urban planning and industrial growth.The state will collaborate with Kitakyushu on a range of progressive initiatives such as achieving Net Zero emissions, riverfront development, adoption of circular economy principles, promotion of clean technologies, and driving digital innovation.The envisioned Future City will prioritise eco-friendly industrial zon..

Next Story
Infrastructure Urban

Himachal CM Opens Integrated Command and Control Centre in Dharamshala

Himachal Pradesh has launched a new integrated command, control, and crime response centre named ‘Chakshu Chakra’ in Dharamshala, developed under the Smart City Mission. The centre is located at the Superintendent of Police Office and is aimed at enhancing urban surveillance and public safety.A total of 229 CCTV cameras have been installed at 89 critical locations throughout the city. Among these, seven locations feature advanced cameras under the Intelligent Traffic Management System (ITMS) to aid in traffic regulation and public safety measures.Developed at a cost of Rs 20.72 million, th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?