UltraTech Cement Ltd.

UltraTech Cement Ltd.Financial ReportsSubmitted by- Devendra Pandey Roll no.- 08

About CompanyUltraTech Cement Limited, a Grasim subsidiary has an annual capacity of 18.2 million tonnes. It manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzolana Cement.UltraTech is the country's largest exporter of cement clinker. The company exports over 2.5 million tonnes per annum, which is about 30 per cent of the country's total exports. The export markets span countries around the Indian Ocean, Africa, Europe and the Middle East. UltraTech has five integrated plants, five grinding units and three terminals two in India and one in Sri Lanka. These include an integrated plant and two grinding units of the erstwhile Narmada Cement Company Limited, a subsidiary, which has been amalgamated with the company in May 2006.

Vision and MIssionVision- TO be a premium global conglomerate with a clear focus on business.Mission- To deliver superior value to our customers, shareholders, and society at large.Board of Directors

Board of Directors ::Mr. Kumar Mangalam Birla, Chairman ::Mrs. Rajashree Birla ::Mr. R. C. Bhargava ::Mr. G. M. Dave ::Mr. Y. M. Deosthalee ::Mr. N. J. Jhaveri ::Mr. S. B. Mathur, Additional Director (Independent) ::Mr. V. T. Moorthy, Independent Director ::Mr. J. P. Nayak ::Mr. S. Rajgopal ::Mr. D. D. Rathi ::Mr. S. Misra, Managing DirectorCont.Executive President & Chief Financial Officer ::Mr. K. C. BirlaChief Manufacturing Officer ::Mr. S. K. MaheshwariChief Marketing Officer::Mr. O. P. PuranmalkaCompany Secretary ::Mr. S. K. Chatterjee

Overview of Products

Ordinary Portland cement Portland blast furnace slag cement Portland Pozzolana cement Cement to European and Sri Lankan norms

Financial HighlightsProfit & loss A/C (Rs. In millions)ParticularsMarch -08(12 Month) %March-07 (12months) %March-06 (12months)

%Sales 55,124.30 +0.98 49,090.50 +0.99 32,994.50 +0.99 Other Income 873.10 +0.02 576.50 +0.01 231.10 +0.01 Total Income 55,997.40 -49,667.00 -33,225.60 -Raw Material Cost 10,089.20 +0.18 9,020.60 +0.18 7,337.20 +0.22 Excise 7,738.10 +0.14 5,753.00 +0.12 4,858.40 +0.15 Other Expenses 20,022.00 +0.36 20,080.50 +0.40 15,182.80 +0.46 Operating Profit 17,275.00 +0.31 14,236.40 +0.29 5,616.10 +0.17 Interest Name 819.30 +0.01 926.10 +0.02 969.90 +0.03Profit & loss A/C (Rs. In millions) (cont.)ParticularsMarch-08 %March-07 %March-06 %Gross Profit 16,455.70 +0.29 13,310.30 +0.27 4,646.20 +0.14 Depreciation 2,372.30 +0.04 2,262.50 +0.05 2,160.30 +0.07 Profit Bef. Tax 14,956.50 +0.27 11,624.30 +0.23 2,717.00 +0.08 Tax 4,994.00 +0.09 3,839.10 +0.08 558.30 +0.02 Net Profit 9,962.50 +0.18 7,785.20 +0.16 2,158.70 +0.06 Other Non- Recurring Income 113.60 +.00 37.60 +.00 138.90 +.00 Reported Profit 10,076.10 +0.18 7,822.80 +0.16 2,297.60 +0.07 Equity Dividend 622.40 +0.01 497.90 +0.01 217.90 +0.01Balance SheetLiabilitiesMarch-2008 (12 Month)March-2007(12 Month)March 2006(12 Month)Share Capital 1,244.901,244.901,244.90Reserves & Surplus 25,725.00 16,392.90 9,137.80 Net Worth (1) 26,969.90 17,637.80 10,382.70 Secured loans 9,826.60 11,512.50 12,219.30Unsecured Loans7,578.404,273.80 2,299.00Total Liabilities (1+2+3) 44,374.90 33,424.10 24,901.00Balance Sheet (cont.)

AssetsMarch- 2008(12 Months)March- 2007(12 Months)March- 2006(12 Months)Gross Block49,726.0047,847.0046,053.80(-) Acc. Depreciation24,721.4022,674.2020,682.10Net Block (A)25,004.6025,172.8025,371.70Capital Work in Prgs. (B)22,831.506,969.501,410.30Investments (C)1,709.004,834.501,723.90Inventories6,097.604,335.803,795.70Sundry Debtors2,166.101,835.001,725.50Cash And Bank1,006.90895.90616.00Loans And Advances3,904.302,654.601,682.30(i)13,174.909,721.307,819.50Balance Sheet (cont.)Current Liabilities17,089.6013,089.3011,032.60Provisions1,255.50184.70391.80(ii)18,345.1013,274.0011,424.40Net Curr. Assets (i - ii) (D)-5,170.20-3,552.70-3,604.90Misc. Expenses (E)0.000.000.00Total Assets (A+B+C+D+E) 44,374.9033,424.1024,901.00ConclusionTotal Assets- Growth of 78.20% in the year 2008 compare to year 2006. Net Profit-Loss of 1.44% in the year Compare to year 2006.Share Capital- homogenous Share capital in all the three years.Thank you