UltraTech CementUCLQF 95 Gross Margin % is 80.33% as of Mar. 2026, which is 2% above its 10-year median of 79.04. GuruFocus rates UCLQF with a GF Score™ of 95/100 and a GF Value™ of $120.49. The stock has 2 warning signs investors should review. Among 395 Building Materials companies, UltraTech Cement ranks better than 97.47% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
UltraTech Cement had a gross margin of 80.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
UltraTech Cement Gross Margin % Related Terms
UltraTech Cement Gross Margin % Historical Data
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The historical data trend for UltraTech Cement's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Materials subindustry, UltraTech Cement's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
UltraTech Cement Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, UltraTech Cement's Gross Margin % distribution charts can be found below:
* The bar in red indicates where UltraTech Cement's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
UltraTech Cement (UCLQF) has a Gross Margin % of 80.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on UltraTech Cement and its competitors. This is near median its historical median of 79.04. Over the past decade, UltraTech Cement's Gross Margin % has ranged from 76.36 to 81.96. According to the industry distribution chart, UltraTech Cement ranks #10 out of 395 companies in the Building Materials industry, placing it in the top 2.5%.
Is UltraTech Cement's Gross Margin % too high?
UltraTech Cement's current Gross Margin % of 80.33% is near median its 10-year median of 79.04. Over the past 10 years, this metric has ranged from a low of 76.36 to a high of 81.96. The Building Materials industry median Gross Margin % is 26.18. UltraTech Cement's value of 80.33% is 206.8% above this industry median. Based on the distribution chart, UltraTech Cement ranks #10 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, UltraTech Cement has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does UltraTech Cement's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, UltraTech Cement ranks #10 out of 395 companies for Gross Margin %. This places UltraTech Cement in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. UltraTech Cement's value of 80.33% is 206.8% above this benchmark. Historically, UltraTech Cement's own Gross Margin % has ranged from 76.36 to 81.96 over the past decade. While the company's 10-year median is 79.04 vs. the industry median of 26.18, UltraTech Cement has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.18, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UltraTech Cement's current Gross Margin % of 80.33% is 206.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on UltraTech Cement and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UltraTech Cement's current Gross Margin % is 80.33%, which is near median its own 10-year median of 79.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UltraTech Cement stock overvalued right now?
UltraTech Cement (UCLQF) has a current Gross Margin % of 80.33%. The stock's GF Value™ is $120.49, compared to a current price of $103.00 — trading 14.5% below its estimated fair value. The current Gross Margin % is 80.33%, which is near median its 10-year median of 79.04 and 206.8% above the Building Materials industry median of 26.18. UltraTech Cement's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For UltraTech Cement (UCLQF), the current Gross Margin % is 80.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is UltraTech Cement (UCLQF) Overvalued in 2026?
Based on GuruFocus' analysis, UltraTech Cement stock appears to be undervalued.
The current stock price of $103.00 is trading 14.5% below its estimated GF Value™ of $120.49.
Key valuation signals for UCLQF:
Gross Margin %: 80.33% (near median its 10-year median of 79.04)
GF Value™: $120.49 vs. price of $103.00 (14.5% below fair value)
Industry Position: 206.8% above the Building Materials median (#10 of 395)
No single metric tells the full story. See the UCLQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries. Geographically, it operates in India as well as in other countries, of which India derives key revenue.
95GF Score
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