UltraTech Cement vs J.K. Cement: share price, P/E, ROE and financials compared
UltraTech Cement
J.K. Cement
UltraTech Cement and J.K. Cement at a glance
UltraTech Cement and J.K. Cement are both listed in Construction Materials. UltraTech Cement is the larger by market cap, at ₹3.7L Cr against ₹40,487 Cr for J.K. Cement (9.0 times as large). On valuation, UltraTech Cement has the lower price-to-book (4.98× against 5.51×). On returns and margins, UltraTech Cement has the higher operating margin (19.1% against 15.8%), while J.K. Cement has the higher ROCE (13.3% against 11.8%) and the higher ROE (13.6% against 11.5%). Over three years, J.K. Cement has faster 3-year profit growth (+32.8% against +17.3% a year). UltraTech Cement carries less debt for its equity, with a debt-to-equity of 0.38× against 1.01×.
Key metrics, side by side
| Metric | UltraTech CementULTRACEMCO | J.K. CementJKCEMENT |
|---|---|---|
| Price (₹) | 12,450.00 | 5,239.80 |
| Market cap (₹ Cr) | 3,66,110 | 40,487 |
| P/E | 41.6× | 42.3× |
| P/B | 4.98× (the lower figure, shaded) | 5.51× |
| Dividend yield, trailing | 1.93% (the higher figure, shaded) | 0.38% |
| ROE | 11.5% | 13.6% (the higher figure, shaded) |
| ROCE | 11.8% | 13.3% (the higher figure, shaded) |
| Operating margin (OPM) | 19.1% (the higher figure, shaded) | 15.8% |
| Net margin (NPM) | 9.2% (the higher figure, shaded) | 6.3% |
| Sales CAGR 3Y | +11.9% | +12.1% |
| Profit CAGR 3Y | +17.3% | +32.8% (the higher figure, shaded) |
| Debt to equity | 0.38× (the lower figure, shaded) | 1.01× |
| Interest cover | 7.0× (the higher figure, shaded) | 4.4× |
| Net profit TTM (₹ Cr) | 8,801 | 958 |
| 1Y return | +3.6% (the higher figure, shaded) | −9.1% |
| Promoter holding | 58.48% | 45.66% |
UltraTech Cement vs J.K. Cement: common questions
Which is bigger, UltraTech Cement or J.K. Cement?
By market cap, UltraTech Cement is bigger at ₹3.7L Cr, against ₹40,487 Cr for J.K. Cement (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹8,801 Cr for UltraTech Cement and ₹958 Cr for J.K. Cement.
Which has a lower P/E ratio, UltraTech Cement or J.K. Cement?
UltraTech Cement trades at a P/E of 41.6× and J.K. Cement at 42.3×. The two are close. 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 J.K. Cement?
UltraTech Cement reports a return on equity of 11.5% and J.K. Cement 13.6%. J.K. Cement has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, UltraTech Cement or J.K. Cement?
Over the last three years: Sales grew +11.9% a year at UltraTech Cement and +12.1% at J.K. Cement; profit grew +17.3% a year at UltraTech Cement and +32.8% at J.K. Cement, so J.K. Cement grew profit faster. Past growth doesn’t predict future growth.