At the end of fiscal year 2019, the net current assets of UltraTech Cement was around 47 billion Indian rupees. The assets were estimated to increase to around 202 billion rupees by fiscal year 2021. In 2018, the cement production capacity of India stood close to 460 million metric tons. The increase in cement demand in fiscal year 2019 was about 13 percent, which was the highest growth since 2010.
The high demand came from the infrastructure sector due to government's focus on metro, roads, airport and irrigation projects. Under the Pradhan Mantri Awas Yojana for low-cost house construction, demand from rural areas was also significant.
Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022
(in billion Indian rupees)
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Motilal Oswal Group. (February 7, 2020). Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/
Motilal Oswal Group. "Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022 (in billion Indian rupees)." Chart. February 7, 2020. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/
Motilal Oswal Group. (2020). Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/
Motilal Oswal Group. "Net Current Assets of Ultratech Cement Limited from Financial Year 2015 to 2019, with a Forecast until 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 7 Feb 2020, https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/
Motilal Oswal Group, Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/ (last visited December 27, 2024)
Net current assets of UltraTech Cement Limited from financial year 2015 to 2019, with a forecast until 2022 (in billion Indian rupees) [Graph], Motilal Oswal Group, February 7, 2020. [Online]. Available: https://www.statista.com/statistics/1081008/india-ultratech-cement-current-assets/
