770% Dividend: Ultratech Cement To Trade Ex-Dividend Next Week; Buy This Aditya Birla Group Stock?

Dividend Ahead: Ultratech Cement shares are enjoying heightened investors' interest because of a range of corporate actions and the June quarter earnings announcement. The Aditya Birla Group's flagship company reported a 49% surge in its net profit in Q1FY26. The company stock will trade ex-dividend next week.

Ultratech Cement shares ended 0.96% higher at Rs 12,454 per share on BSE on Tuesday, July 22. The cement sector stock had touched its 52-week high mark of Rs 12,711.95 per share on BSE on Monday after the announcement of its June quarter results.

UltraTech Cement Dividend

The company, earlier, had announced a final dividend of 770% for its shareholders for the financial year 2024-25. The company had fixed record date of July-end to determine the eligibility of its shareholders. The dividend will be paid to the shareholders after the annual general meeting (AGM).

"The Company's Board of Directors ("Board") at their meeting held on 28th April, 2025 recommended dividend @ Rs. 77.50/- per equity share, having face value of Rs. 10/- each, for the financial year ended 31st March, 2025. The dividend, as recommended by the Board, if approved at the ensuing annual general meeting, will be paid to the equity shareholders holding equity shares of the Company as at the record date (to be announced in due course)," read a company press release issued earlier.

UltraTech Cement Dividend Record Date: How To Get Eligible For Payout?

The company has fixed July 29 as the dividend record date to determine the eligibility of its shareholders. To become eligible for the payout, it is important for investors to own the company stock on or before the record date.

"In terms of Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform you that the Company has fixed Friday, 25th July, 2025 as the Record Date for the purpose of the Annual General Meeting ("AGM") of the Company and for determining eligibility of dividend," the company said in its BSE filing. The AGM will be held on 19 August.

UltraTech Cement Q1 Result

The company had reported a net profit of 49% to Rs 2,226 crore in the June quarter against Rs 1,495 crore reported in the same period a year ago. The cement also reported a 13% growth in revenue, which came in at Rs 21,275 crore, up from Rs 18,818 crore in the year-ago quarter.

Its profit after tax fell to 10% to Rs 2,226 crore from Rs 2,482 crore in the March quarter fourth quarter of financial year 2024-25. Revenue also declined sequentially by 8% to Rs 21,275 crore.

UltraTech Cement Share Price Recommendation

Brokerage Sharekhan gave a 'Buy' rating for the stock after the announcement of its first quarter result for financial year 2025-26. The brokerage remained confident of the company's growth outlook and revised its target price of Rs 14,200 per share.

"Maintain Buy with a revised PT of Rs. 14,200: UltraTech is well poised to benefit
from a good demand environment, led by the return of government capex and strong demand from the housing sector. Hence, we maintain a Buy rating on the stock, with a revised price target (PT) of Rs. 14,200. The stock trades at an EV/EBITDA of 21.4x/17.6x its FY2026E/FY2027E earnings, respectively," noted the brokerage in its report.

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