Yes, It is possible. If all the cds you are using can boot up by themselves or run from command line without the need for an OS environment, then yes. Otherwise, they need to run in a windows environment and your best bet would be to check out UBCD4Win.
Let me know if you need more help.
Visit the UBCD Wiki: http://wiki.ultimatebootcd.com
Please check your UBCD
ISO MD5 Hash Sum
; May prevent issues later on by not having an exact copy.
Currently Working on Common Issues and Repair Tips
on the Wiki.