NSE ScannerComparison · NSE · data 2026-11-01
Ambuja Cements Limited vs UltraTech Cement Limited
In plain words
Size: UltraTech Cement Limited is about 3.8 times the market value of Ambuja Cements Limited.
Valuation (P/E): UltraTech Cement Limited 36.9 vs Ambuja Cements Limited 30.8.
Return on equity: UltraTech Cement Limited 11.1% vs Ambuja Cements Limited 8.4%.
Profit growth over 3 years: Ambuja Cements Limited 31.8% a year vs UltraTech Cement Limited 17.3% a year.
Debt to equity: UltraTech Cement Limited 0.31 vs Ambuja Cements Limited 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AMBUJACEM | ULTRACEMCO | |
|---|---|---|
| Price | ₹348.05 | ₹11,045 |
| Market cap | ₹86,596 cr | ₹3,25,320 cr |
| P/E | 30.8 | 36.9 |
| P/B | 1.5 | 4.4 |
| ROE | 8.4% | 11.1% |
| ROCE | 4.2% | 11.0% |
| Debt / equity | 0.01 | 0.31 |
| Operating margin | 4.2% | 14.1% |
| Dividend yield | 0.57% | 2.17% |
| Sales growth, 3 years (yearly) | 9.3% | 11.8% |
| Profit growth, 3 years (yearly) | 31.8% | 17.3% |
| 1-year return | -39.4% | -8.3% |
| Revenue, last 12 months | ₹39,712 cr | ₹95,572 cr |
| Net profit, last 12 months | ₹2,804 cr | ₹8,801 cr |
| Latest quarter | Sept 2022 | Sept 2026 |
| Quarter net profit | ₹93 cr | ₹1,494 cr |
| Quarter profit vs a year earlier | — | +21.3% |
| Promoter holding | 67.33% | 58.48% |
| Health check | Average (4.4/10) | Average (5.7/10) |
Common questions
Which has a higher P/E, Ambuja Cements Limited or UltraTech Cement Limited?
UltraTech Cement Limited trades at the higher P/E (36.9 against 30.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
UltraTech Cement Limited (11.1% against 8.4%).
Which carries more debt?
UltraTech Cement Limited has the higher debt-to-equity ratio (0.31 against 0.01).