UltraTech Cement Limited — PPTs, 28-02-2025: Investor Presentation

UltraTech Cement Limited has announced an investor presentation detailing its proposal to expand into the wires and cables segment, aiming to enhance its position in the construction value chain. Significant growth is anticipated in the cement market, with overall demand projected to exceed 640 million tonnes per annum (Mtpa) by FY30, reflecting a consistent CAGR of 7-8%. The company is gearing up for increased grey cement capacity, planning to reach 209.3 Mtpa by FY27, supported by a robust distribution network and strong market positioning.

The wires and cables market is expected to grow at approximately 13% over the next five years, driven by urban housing development and increased demand for electrical infrastructure. UltraTech plans to leverage its existing network and manufacturing expertise to achieve a launch by December 2026, with a capital expenditure of ₹1,800 crore and anticipated returns on capital employed (ROCE) exceeding 20%. This strategic move could strengthen UltraTech's growth trajectory and provide new opportunities for investors, warranting close attention.