UltraTech Cement approves ₹5,000 crore NCD fundraise amid capacity expansion
Aditya Birla Group’s UltraTech Cement has approved a ₹5,000 crore private-placement NCD programme as it executes nearly ₹17,000 crore in capex and targets more than 242 mtpa consolidated capacity by FY27.
Aditya Birla Group’s UltraTech Cement approved a ₹5,000 crore private-placement NCD programme to support funding needs amid major capacity expansion. The company targets over 242 mtpa consolidated capacity by FY27 while maintaining net debt-to-EBITDA below 1x.
Why this matters
The approval follows recent UltraTech signals on a ₹5,000 crore NCD raise, a 237 mtpa FY28 capacity target after 12% Q1 volume growth, and 16.8% Q1 profit growth.
Retail-company is accelerating, up 1,043,000% QoQ.