ULTRATECH CEMENT LIMITED

During the Q1 FY27 earnings conference call, management reported a strong demand environment, with a double-digit volume growth of 13.1% in domestic markets. The CFO, Atul Daga, highlighted that the company achieved its highest-ever first-quarter performance in terms of volumes, revenues, EBITDA, and profit. Management noted that the demand pipeline across infrastructure, housing, and urban real estate remains robust, supported by government initiatives and attractive lending rates. The company successfully converted the Kesoram and India Cements brands to UltraTech, resulting in a 21.3% growth in brand performance. Management also discussed the impact of rising fuel costs and the West Asia crisis but expressed confidence in their ability to absorb these costs. They outlined a capex plan of INR 17,000 crores over the next 2-2.5 years to expand capacity to over 240 million tons. The call concluded with management emphasizing their commitment to growth and operational efficiency.

Management emphasized strong demand and robust performance metrics.