Promoter holding
64.27%
UC
Ultratech Cement Limited - Due diligence report
A 360° intelligence report on Ultratechcement: trust score, financial health, credit view, compliance, directors, growth and distress signal…
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Ultratechcement — 360° Intelligence Report
Generated from MCA filings & public records71/100
Trust Score
Moderate
Ultratechcement is assessed as Moderate with a Trust Score of 71/100. Ultratechcement is an active public limited indian non-government company incorporated in 2000, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 13 Jul 2026 from the latest processed filings. Ultratech Cement Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
71/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
42/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 80/100 Low Risk
- Moderate gearing (D/E 38%).
- Profitable - internal accruals available.
- Externally credit-rated (AAA).
Charges position: 2 open (785.74 cr) · 117 satisfied (28,927.52 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Sbicap Trustee Company Limited | 23 | 48.0 cr |
| State Bank Of India | 24 | 48.0 cr |
| Others | 10 | 48.0 cr |
| Axis Bank Limited | 6 | 48.0 cr |
| Uti Bank Limited | 12 | 48.0 cr |
| Hdfc Bank Limited | 4 | 48.0 cr |
Compliance Score: 42/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: CBEC, NSDL, CDSL.
- Litigation present in 5 court forum(s).
- Delayed payments to MSME suppliers disclosed (206 disclosure(s)).
- 31 active GST registration(s).
Legal cases on record (5)
05
Director Intelligence
Stability score: 80/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ATUL DAGA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VENKATADRI CHANDRASEKARAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ALKA MAREZBAN BHARUCHA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Mr. Atul Daga | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANJANI KUMAR AGRAWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIKAS BALIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJASHREE BIRLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KRISHNAKISHORE MAHESHWARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KUMAR MANGALAM BIRLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANITA RAMACHANDRAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJEEB KUMAR CHATTERJEE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Vivek Agrawal | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAILASH CHANDRA JHANWAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 13 directors on the board.
- No disqualified or deactivated DINs.
- 5 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Grasim Industries Ltd
Subsidiaries
4
Group entities
11
Capital events
305 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Bhagwati Lime Stone Private Limited | Subsidiary Company | 74.00% |
| Gotan Lime Stone Khanij Udyog Private Limited | Subsidiary Company | 74.00% |
| Ultratech Cement Middle East Investments Limited | Subsidiary Company | 74.00% |
| Harish Cement Limited | Subsidiary Company | 74.00% |
| Ultratech Nathdwara Cement Limited | Subsidiary Company | 74.00% |
| Ultratech Cement Lanka (pvt.) Limited | Subsidiary Company | 74.00% |
| Grasim Industries Ltd | Holding Company | 74.00% |
| Bhaskarpara Coal Company Limited | Associate Company | 74.00% |
| Abrel (mp) Renewables Limited | Associate Company | 74.00% |
| Abrel (odisha) Spv Limited | Associate Company | 74.00% |
Key managerial personnel: ATUL DAGA (CFO) · Mr. Atul Daga (CFO) · Vivek Agrawal (Whole-time director) · KAILASH CHANDRA JHANWAR (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Asset base grew 2.1x - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 25+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 24% in a year.
4 director exits within 2 years.
Compliance score is weak (42/100).
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 2.93 cr.
5 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence59/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment72/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 785.74 cr already registered.
- Compliance gaps should be priced into terms.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events19 Aug 2025
Last AGM held
Annual general meeting
18 Aug 2025
Director ceased
VENKATADRI CHANDRASEKARAN
13 Aug 2025
Director appointed
VENKATADRI CHANDRASEKARAN (Director)
21 Apr 2025
Charge satisfied
Others
31 Mar 2025
Latest balance sheet
Filed with ROC
04 Mar 2025
Charge created
Others - 150.00 cr
05 Nov 2024
Charge satisfied
Hdfc Bank Limited
25 Oct 2024
Director ceased
VIKAS BALIA
10 Oct 2024
Director appointed
VIKAS BALIA (Director)
13 Aug 2024
Director ceased
ANJANI KUMAR AGRAWAL
Director ceased
ANITA RAMACHANDRAN
17 Jul 2024
Director appointed
ANJANI KUMAR AGRAWAL (Director)
Director appointed
ANITA RAMACHANDRAN (Director)
09 Jun 2024
Director appointed
Vivek Agrawal (Whole-time director)
Director ceased
Vivek Agrawal
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
13 active director(s) / partner(s); board looks stable and experienced.
31 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 4 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of AAA from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 305 security allotment(s) - amounts available in the full report.
48 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Shree Cement | L26943RJ1979PLC001935 | Beawar, Rajasthan, India |
| Bosch | L85110KA1951PLC000761 | Bangalore, Karnataka, India |
| Ambuja Cements | L26942GJ1981PLC004717 | Ahmedabad, Gujarat, India |
| Kalyan Jewellers | L36911KL2009PLC024641 | Thrissur, Kerala, India |
| Acclimited | L26940GJ1936PLC149771 | Gandhinagar, Gujarat, India |
| Titan Company | L74999TZ1984PLC001456 | Hosur, Tamil Nadu, India |
| Hul | L15140MH1933PLC002030 | Mumbai, Maharashtra, India |
| L&T | L99999MH1946PLC004768 | Mumbai, Maharashtra, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Ultratechcement before audits and certifications: compliance score 42/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Ultratechcement: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Ultratechcement - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 71/100, distress signals and MSME payment-delay disclosures - know whether Ultratechcement pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Ultratechcement - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Ultratechcement an active company?
Ultratechcement has MCA status “Active” with a compliance score of 42/100 (Caution Indicated).
Is Ultratechcement financially healthy?
Ultratechcement has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Ultratechcement?
Its overall Trust Score is 71/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Ultratechcement?
The ultimate holding entity is Grasim Industries Ltd. 13 active director(s) are on record.
Does Ultratechcement have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 117 earlier charge(s) stand satisfied.
Is Ultratechcement up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 42/100 (Caution Indicated).
Is it risky to lend to Ultratechcement?
Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
