Assets Analysis
Ultratech Cement's asset base has evolved strategically, reflecting its focus on growth and operational readiness. Non-current assets rose slightly to 77.03% of total assets, with notable growth in Property, Plant, and Equipment, which increased by 7.8% to ₹50,126.09 crore. This investment highlights Ultratech's commitment to enhancing production capabilities. Capital Work-in-Progress also grew significantly, rising by 68% to ₹6,782.77 crore, showing ongoing investments in infrastructure to support future growth.
In current assets, representing 22.96% of the total, Inventories saw a substantial increase of 26%, reaching ₹8,329.74 crore, indicating Ultratech's readiness to meet rising demand. Conversely, Cash and Cash Equivalents grew by nearly 49%, reaching ₹553.58 crore, ensuring increased liquidity for immediate financial flexibility.
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These percentage changes from the previous year reflect Ultratech Cement's balanced approach to asset allocation, enhancing both long-term growth potential and short-term responsiveness
Liabilities Analysis
Ultratech Cement's financial structure reflects a strategic balance in equity and liabilities, supporting both stability and operational capacity. Equity represents a substantial 59.80% of total assets, driven by a 10.9% growth in Other Equity to ₹59,938.78 crore, underscoring strong shareholder confidence and retained earnings.
On the liabilities side, Non-Current Liabilities slightly decreased to 13.50% of the total, indicating reduced reliance on long-term borrowing. However, Deferred Tax Liabilities rose by 3%, amounting to ₹6,447.78 crore, reflecting adjustments in deferred obligations.
In Current Liabilities, comprising 26.69% of total liabilities, Trade Payables grew 17% to ₹8,224.14 crore, indicating increased supplier engagement. Additionally, Current Tax Liabilities increased significantly to ₹1,983.47 crore, signaling a robust tax position due to improved earnings.
These movements illustrate Ultratech Cement’s approach to maintaining a balanced capital structure, focusing on equity growth and cautious liability management.