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UltraTech Cement Q4 earnings today: Revenue likely to rise about 14%

Updated : April 24, 2019 08:19 AM IST

UltraTech Cement has seen a big rally and if the big daddy disappoints it will be an ultra-lunch for the bears because the numbers are expected to be announced around 2 PM on Wednesday. Standalone number in Ultratech Cement earnings will include Jaiprakash Associates and Binani.

The total revenue is expected to jump by close to around 14 percent on the back of higher volume. The sales volume numbers could come in at 20.8 million tonne to around 21 million tonne. The big growth comes in because JP is acquired assets and that has been ramping up but also Binani Cement is a newly acquired company and that is expected to contribute around 600,000 to 800,000 odd and optimistic estimate expects even 1 million tonne.

Margins are likely to rise marginally to 19% versus 18.9%. Binani will aid topline but will be earnings dilutive. Ramp-up at Binani Cement plants in India and overseas.
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