'
UltraTech hosted
conference call on July 21, 2025. In the conference call the company was
represented by Mr Atul Daga-Executive Director and CFO.
Key Takeaways of the call
The markets have been steady. The government spends on roads continues
with announcements of some new projects and push for expediting land
acquisitions. The government CAPEX program has shown a marked improvement in
the first two months of Q1FY2026 on the low base of April-May 24.
The company is witnessing rising state government spends, states like
Bihar, Andhra, Gujarat, Maharashtra are doing much better than the other states
yoy.
The country has already built 2,108 kilometres of highways in the first
quarter of FY2026, marking an 8.9% increase yoy. Mega projects like Vadhavan
Port, some dams, Maharashtra Shaktipeeth Expressway, the 802 kilometre
expressway between Maharashtra and South Konkan are starting off. On a full
year basis, the company beli...
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