UltraTech Cement vs ACC: share price, P/E, ROE and financials compared
UltraTech Cement
ACC
UltraTech Cement and ACC at a glance
UltraTech Cement and ACC are both listed in Construction Materials. UltraTech Cement is the larger by market cap, at ₹3.7L Cr against ₹23,214 Cr for ACC (15.8 times as large). On valuation, ACC has the lower P/E (26.4× against 41.6×) and the lower price-to-book (1.12× against 4.98×). On returns and margins, UltraTech Cement has the higher ROCE (11.8% against 10.4%), the higher ROE (11.5% against 4.3%) and the higher operating margin (19.1% against 8.7%). ACC carries less debt for its equity, with a debt-to-equity of 0.02× against 0.38×.
Key metrics, side by side
| Metric | UltraTech CementULTRACEMCO | ACCACC |
|---|---|---|
| Price (₹) | 12,450.00 | 1,236.20 |
| Market cap (₹ Cr) | 3,66,110 | 23,214 |
| P/E | 41.6× | 26.4× (the lower figure, shaded) |
| P/B | 4.98× | 1.12× (the lower figure, shaded) |
| Dividend yield, trailing | 1.93% (the higher figure, shaded) | 0.61% |
| ROE | 11.5% (the higher figure, shaded) | 4.3% |
| ROCE | 11.8% (the higher figure, shaded) | 10.4% |
| Operating margin (OPM) | 19.1% (the higher figure, shaded) | 8.7% |
| Net margin (NPM) | 9.2% (the higher figure, shaded) | 3.5% |
| Sales CAGR 3Y | +11.9% | – |
| Profit CAGR 3Y | +17.3% | – |
| Debt to equity | 0.38× | 0.02× (the lower figure, shaded) |
| Interest cover | 7.0× | 20.2× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 8,801 | 882 |
| 1Y return | +3.6% (the higher figure, shaded) | −33.1% |
| Promoter holding | 58.48% | – |
UltraTech Cement vs ACC: common questions
Which is bigger, UltraTech Cement or ACC?
By market cap, UltraTech Cement is bigger at ₹3.7L Cr, against ₹23,214 Cr for ACC (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹8,801 Cr for UltraTech Cement and ₹882 Cr for ACC.
Which has a lower P/E ratio, UltraTech Cement or ACC?
UltraTech Cement trades at a P/E of 41.6× and ACC at 26.4×. ACC has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, UltraTech Cement or ACC?
UltraTech Cement reports a return on equity of 11.5% and ACC 4.3%. UltraTech Cement has the higher ROE. ROE is net profit as a share of shareholders’ equity.