BHARTIARTL vs ULTRACEMCO: Stock Comparison
BHARTI AIRTEL is the larger company by market capitalisation. BHARTI AIRTEL shows faster revenue growth, a higher ROCE and a higher net margin, while ULTRATECH CEMENT shows a lower P/E, a higher ROE and a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
BHARTIARTL leads 4; ULTRACEMCO leads 7 of 13
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| Sector | Telecommunication | Construction Materials |
| Industry | Telecom - Cellular & Fixed line services | Cement & Cement Products |
Price
| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| Live Price | ₹1,892.1 | ₹11,050 |
| Day Change | -0.15% | 0.84% |
| Volume | 98.71 L | 3.04 L |
| 52-Week High | ₹2,174.5 | ₹13,110 |
| 52-Week Low | ₹1,726.3 | ₹10,325 |
| Distance from 52W High | -12.99% | -15.71% |
Valuation
| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| Market Cap | ₹11.8 L Cr | ₹3.26 L Cr |
| P/E Ratio | 39.84x | 37.05x |
| P/B Ratio | 7.73x | 4.43x |
| EPS | ₹13.4 | ₹88.21 |
| Book Value | ₹321.55 | ₹2,738.99 |
| Dividend Yield | 1.27% | 2.17% |
Growth
| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| Revenue Growth (TTM YoY) | 15.7% | 3% |
| EPS Growth (TTM YoY) | -34% | 45.3% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| ROE | 8.56% | 10.15% |
| ROCE | 9.96% | 9.32% |
| Net Margin | 14.96% | 10.24% |
| Operating Margin | 28.83% | 14.48% |
| Debt to Equity | 0.59x | 0.28x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | BHARTIARTL | ULTRACEMCO |
|---|---|---|
| Promoter Holding | 39.51%▼ 0.96 pp | 57.55%▼ 0.85 pp |
| FII Holding | 25.45%▼ 1.67 pp | 12.69%▼ 0.17 pp |
| DII Holding | 21.74%▲ 0.48 pp | 20.86%▲ 1.17 pp |
| Public Holding | 2.72%▲ 0.01 pp | 7.71%▼ 0.2 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: BHARTI AIRTEL and ULTRATECH CEMENT.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

