UltraTech Cement Ltd.

Financial Reports
Submitted byDevendra Pandey
Roll no.- 08

About Company

UltraTech Cement Limited, a Grasim subsidiary has an

annual capacity of 18.2 million tonnes. It manufactures
and markets Ordinary Portland Cement, Portland Blast
Furnace Slag Cement and Portland Pozzolana Cement.
UltraTech is the country's largest exporter of cement
clinker. The company exports over 2.5 million tonnes
per annum, which is about 30 per cent of the country's
total exports. The export markets span countries
around the Indian Ocean, Africa, Europe and the Middle
East.
UltraTech has five integrated plants, five grinding units
and three terminals two in India and one in Sri Lanka.
These include an integrated plant and two grinding
units of the erstwhile Narmada Cement Company
Limited, a subsidiary, which has been amalgamated
with the company in May 2006.

Vision and MIssion

Vision- TO be a premium global

conglomerate with a clear
focus on business.
Mission- To deliver superior
value to our customers,
shareholders, and society at
large.

Board of Directors

Board of Directors ::
Mr. Kumar Mangalam Birla, Chairman ::
Mrs. Rajashree Birla ::
Mr. R. C. Bhargava ::
Mr. G. M. Dave ::
Mr. Y. M. Deosthalee ::
Mr. N. J. Jhaveri ::
Mr. S. B. Mathur, Additional Director (Independent) ::
Mr. V. T. Moorthy, Independent Director ::
Mr. J. P. Nayak ::
Mr. S. Rajgopal ::
Mr. D. D. Rathi ::
Mr. S. Misra, Managing Director

Cont.

Executive President & Chief Financial

Officer ::
Mr. K. C. Birla
Chief Manufacturing Officer ::
Mr. S. K. Maheshwari
Chief Marketing Officer
::
Mr. O. P. Puranmalka
Company Secretary
::
Mr. S. K. Chatterjee

Overview of Products

Ordinary Portland cement

Portland blast furnace slag cement
Portland Pozzolana cement
Cement to European and Sri Lankan
norms

Financial
Highlights

Profit & loss A/C (Rs. In millions)

Particula March -08
rs
(12
Month)
Sales

March-07
(12mont
hs)

March-06
(12month
s)

55,124.30

+0.98

49,090.50

+0.99

32,994.50

Other
Income

873.10

+0.02

576.50

+0.01

231.10

+0.0
1

Total
Income

55,997.40

33,225.60

Raw
Material
Cost

10,089.20

+0.18

9,020.60

+0.18

7,337.20

+0.2
2

7,738.10

+0.14

5,753.00

+0.12

4,858.40

+0.1
5

Other
Expense
s

20,022.00

+0.36

20,080.50

+0.40

15,182.80

+0.4
6

Operatin
g Profit

17,275.00

+0.31

14,236.40

+0.29

5,616.10

+0.1
7

Excise

- 49,667.00

+0.9
9

Profit & loss A/C (Rs. In millions)

(cont.)
Particula
rs
Gross
Profit

March-08

% March07

March-06
%

16,455.70

+0.29

13,310.3
0

+0.27

4,646.20

+0.14

2,372.30

+0.04

2,262.50

+0.05

2,160.30

+0.07

14,956.50

+0.27

11,624.3
0

+0.23

2,717.00

+0.08

Tax

4,994.00

+0.09

3,839.10

+0.08

558.30

+0.02

Net Profit

9,962.50

+0.18

7,785.20

+0.16

2,158.70

+0.06

Other
NonRecurrin
g Income

113.60

+.00

+.00

138.90

+.00

Reported
Profit

10,076.10

+0.18

7,822.80

+0.16

2,297.60

+0.07

Equity
Dividend

622.40

+0.01

497.90

+0.01

217.90

Depreciat
ion
Profit
Bef. Tax

37.60

+0.01

Balance Sheet
Liabilities

March-2008
(12
Month)

Share Capital
1,244.90

March-2007
(12 Month)
1,244.90

March 2006
(12 Month)
1,244.90

Reserves &
Surplus

25,725.00

16,392.90

9,137.80

Net Worth
(1)

26,969.90

17,637.80

10,382.70

Secured
loans

9,826.60

11,512.50

12,219.30

Unsecured
Loans
Total
Liabilities
(1+2+3)

7,578.40
44,374.90

4,273.80
33,424.10

2,299.00
24,901.00

Balance Sheet (cont.)

Assets

March- 2008
(12 Months)

March- 2007
(12 Months)

March- 2006
(12 Months)

Gross Block

49,726.00

47,847.00

46,053.80

(-) Acc.
Depreciation

24,721.40

22,674.20

20,682.10

Net Block (A)

25,004.60

25,172.80

25,371.70

Capital Work
in Prgs. (B)

22,831.50

6,969.50

1,410.30

Investments
(C)

1,709.00

4,834.50

1,723.90

Inventories

6,097.60

4,335.80

3,795.70

Sundry
Debtors

2,166.10

1,835.00

1,725.50

Cash And
Bank

1,006.90

895.90

616.00

Loans And
Advances

3,904.30

2,654.60

1,682.30

13,174.90

9,721.30

7,819.50

(i)

Balance Sheet (cont.)

Current
Liabilities

17,089.60

13,089.30

11,032.60

1,255.50

184.70

391.80

18,345.10

13,274.00

11,424.40

Net Curr.
Assets (i - ii)
(D)

-5,170.20

-3,552.70

-3,604.90

Misc.
Expenses (E)

0.00

0.00

0.00

44,374.90

33,424.10

24,901.00

Provisions
(ii)

Total Assets
(A+B+C+D+E
)

Conclusion

Total Assets- Growth of 78.20% in the year

2008 compare to year 2006.
Net Profit-Loss of 1.44% in the year
Compare to year 2006.
Share Capital- homogenous Share capital
in all the three years.

Thank you