ULTRATECH CEMENT LIMITED vs JSW STEEL LIMITED

ULTRACEMCO and JSWSTEEL. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since Jan '19, the first month all 2 have a price: ULTRACEMCO +210%, JSWSTEEL +325%.

53194335476Jan '19Aug '20Mar '22Oct '23May '25Oct '2653194335476Jan '19Aug '21Mar '24Oct '26

Rebased at 2019-01. Monthly closes from each company's history.

ROCE

10.0%15.7%21.3%27.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '2610.0%15.7%21.3%27.0%Jan '19Aug '21Mar '24Oct '26
ULTRATECH CEMENT LIMITED (ULTRACEMCO)JSW STEEL LIMITED (JSWSTEEL)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

ULTRACEMC Net profit growth: +48 pts+48 ptsShare count change: -2 ptsP/E change: -17 pts-17 pts +29% JSWSTEEL Net profit growth: +49 pts+49 ptsShare count change: -1 ptsP/E change: +12 pts+12 pts +59%
Net profit growthShare count changeP/E changeUnexplained

ULTRACEMCO: share price rose 29% over 3 years: +48 pts from net profit growth, −17 pts from the P/E change, −2 pts from share count change.

JSWSTEEL: share price rose 59% over 3 years: +49 pts from net profit growth, +12 pts from the P/E change, −1 pts from share count change.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

ULTRATECH CEMENT LIMITED (ULTRACEMCO) · Non-Energy Minerals

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

JSW STEEL LIMITED (JSWSTEEL) · Non-Energy Minerals

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricULTRACEMCOJSWSTEEL
Share Price₹10675.00₹1168.00
Market Cap₹3.15L cr₹2.85L cr
P/E41.5x39.5x
P/B4.2x3.3x
P/S3.7x2.1x
ROCE13.0%10.0%
ROE10.1%8.4%
Operating margin19.0%19.0%
Revenue (TTM), indexed to 100₹86069 cr₹1.37L cr
Net Profit (TTM)₹7571 cr₹7232 cr
Debt / Equity0.3x0.8x
Cash Conversion Cycle13d-2d
Promoter holding59.3%44.3%
FII Holding12.4%25.9%
DII Holding19.7%11.5%
12M momentum-8.8%-3.1%
Drawdown from Peak-14.2%-10.7%
Cash conversion (3Y)1.7x1.8x
Interest cover7.2x2.5x
Share Count Change (1Y)0.0%0.0%
Volatility (1Y)23.6%24.5%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.