Ultratech Cement S/Gdr (UCLQF) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to the Ultratech Cements Limited Q4F826 earnings conference call. As a reminder, all participant lines will remain in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal the operator by pressing star, then zero on your touchtone telephone. Please note that this conference is being recorded. I will now hand the conference over to Mr. Urtul Garga, Chief Financial Officer, for opening remarks. Thank you, and over to you, sir. Thank you. Good evening to everybody. I want to begin not with numbers, but with where we stand as a company, because fiscal 26, in my view, is a year that will be looked back on as a genuinely significant in AltaDeck stories. And fiscal 27 started with an achievement of major milestones. Altotec crossed 200 million tons of cement production capacity in India. A first for any company in a single country outside of China. Let me put this in context. We reached 100 million tons in 2019, added another 50 million tons in five years by 2024. And we completed the journey from 150 to 200 million tons in less than two years. This is a feat even more remarkable since we are a full year ahead of our targets as what we had set for ourselves. Let's be clear on what the number means. It's not simply a headline. It's an expression of a strategy to build scale that compounds in cost efficiency, in market reach, in raw material security and in sustainability. Every ton of capacity we add reinforces every ton that came before it. Let's look at our position globally. Outside of China, Ultratec is today the largest cement company in the world by sales volume. And we are the only cement company a...