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Ambuja Cement Overview

Ambuja Cements Limited, collectively with its subsidiaries, manufactures and markets cement and cement related merchandise to individual homebuilders, masons and contractors, and designers and engineers in India. The organisation offers Portland pozzolana cement and normal Portland cement, as well as temperature resistant concrete blocks, Blaine Portland cement, and micro materials. It sells its merchandise thru sellers, authorized retail stockiest, retailers, and certified sales representatives. The organisation was previously called Gujarat A...Read More

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Ambuja Cement Key Financials

Market Cap ₹103372 Cr.

Stock P/E 20

P/B 1.8

Current Price ₹418.2

Book Value ₹ 229

Face Value 2

52W High ₹625

Dividend Yield 0.48%

52W Low ₹ 394

Ambuja Cement Share Price

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Volume
Price

Ambuja Cement Quarterly Price

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Ambuja Cement Peer Comparison

Ambuja Cement Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 7424 8129 8894 8392 7552 9411 9889 10289 9174 10277
Other Income 476 194 233 355 374 1352 573 256 257 87
Total Income 7900 8322 9127 8747 7926 10764 10462 10545 9432 10364
Total Expenditure 6122 6397 7195 7112 6441 7700 8021 8328 7414 8924
Operating Profit 1778 1926 1932 1635 1485 3064 2441 2217 2018 1440
Interest 61 70 93 68 67 67 14 67 77 59
Depreciation 381 416 459 476 520 607 786 862 885 959
Exceptional Income / Expenses 0 0 212 0 -156 0 135 40 -223 -15
Profit Before Tax 1336 1439 1592 1091 742 2390 1775 1328 833 407
Provision for Tax 352 359 74 311 248 -270 497 363 -1465 45
Profit After Tax 983 1081 1518 780 494 2660 1278 966 2298 362
Adjustments -190 -256 -467 -140 -15 -502 -321 -178 -532 -158
Profit After Adjustments 793 824 1051 640 480 2158 956 788 1766 204
Adjusted Earnings Per Share 4 4.2 4.8 2.6 1.9 8.8 3.9 3.2 7.1 0.8

Ambuja Cement Profit & Loss

#(Fig in Cr.) Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 9974 9451 20132 23609 26041 27104 24516 28965 38937 33160 35045 39629
Other Income 424 353 520 323 371 581 450 363 738 1166 2654 1173
Total Income 10398 9805 20652 23931 26412 27684 24966 29329 39675 34326 37699 40803
Total Expenditure 8045 7909 16951 19751 22030 22507 19511 22766 33815 26760 29074 32687
Operating Profit 2353 1895 3701 4180 4382 5178 5455 6563 5860 7566 8625 8116
Interest 66 92 205 206 171 170 140 146 195 276 216 217
Depreciation 513 630 1461 1219 1154 1153 1162 1152 1645 1628 2478 3492
Exceptional Income / Expenses 0 0 -39 0 -152 0 -176 -120 -319 212 -21 -63
Profit Before Tax 1774 1173 1997 2768 2919 3875 3992 5164 3729 5896 5922 4343
Provision for Tax 288 365 574 823 -54 1092 885 1453 705 1161 764 -560
Profit After Tax 1487 808 1423 1945 2973 2783 3107 3711 3024 4735 5158 4904
Adjustments -0 0 -318 -429 -795 -688 -741 -931 -441 -1161 -991 -1189
Profit After Adjustments 1487 808 1105 1516 2177 2095 2365 2780 2583 3573 4167 3714
Adjusted Earnings Per Share 9.6 5.2 5.6 7.6 11 10.6 11.9 14 13 16.3 16.9 15

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 7% 5% 13%
Operating Profit CAGR 14% 10% 11% 14%
PAT CAGR 9% 12% 13% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% 4% 6% 6%
ROE Average 11% 12% 13% 12%
ROCE Average 13% 15% 17% 16%

Ambuja Cement Balance Sheet

#(Fig in Cr.) Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 10070 10271 19821 20672 22370 24078 22758 25354 31698 41452 53443
Minority's Interest 1 1 4370 4608 5231 5737 6341 7145 7058 9391 10368
Borrowings 32 24 16 24 40 35 44 44 34 19 14
Other Non-Current Liabilities 632 608 1209 1328 1301 1258 1315 1437 1417 2076 3270
Total Current Liabilities 3145 3230 7408 8877 8394 9070 9260 11225 11514 12129 13845
Total Liabilities 13878 14133 32824 35509 37337 40178 39718 45205 51721 65067 80941
Fixed Assets 6310 6170 21410 20898 20636 20701 20486 22254 23551 32194 42578
Other Non-Current Assets 1566 1442 3125 3516 4294 5158 6427 5933 8921 8884 18646
Total Current Assets 6003 6521 8288 11095 12395 14309 12802 17016 19247 23966 19710
Total Assets 13878 14133 32824 35509 37337 40178 39718 45205 51721 65067 80941

Ambuja Cement Cash Flow

#(Fig in Cr.) Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 3965 4463 6521 4210 5874 6093 9013 8572 11359 614 4743
Cash Flow from Operating Activities 1675 1557 2810 3416 1703 4739 4832 5309 735 5646 2237
Cash Flow from Investing Activities -456 -83 -4165 -762 -766 -1193 -1317 -2007 -14481 -8950 -7531
Cash Flow from Financing Activities -721 -900 -958 -1015 -719 -629 -3956 -516 2931 5689 5592
Net Cash Inflow / Outflow 498 574 -2312 1640 218 2916 -441 2786 -10815 2384 298
Closing Cash & Cash Equivalent 4463 5037 4210 5874 6093 9012 8572 11358 544 2998 5041

Ambuja Cement Ratios

# Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 9.59 5.21 5.57 7.64 10.97 10.55 11.91 14 13.01 16.26 16.92
CEPS(Rs) 12.9 9.26 14.52 15.94 20.78 19.82 21.5 24.49 23.51 28.95 31
DPS(Rs) 5 2.8 2.8 3.6 1.5 1.5 18 6.3 2.5 2 2
Book NAV/Share(Rs) 64.92 66.19 99.82 104.11 112.66 121.26 114.61 127.68 134.46 175.97 216.98
Core EBITDA Margin(%) 17.12 14.3 13.87 15.25 14.15 15.06 18.11 18.61 11.63 17.16 15.01
EBIT Margin(%) 16.34 11.74 9.6 11.76 10.9 13.25 14.95 15.94 8.91 16.55 15.43
Pre Tax Margin(%) 15.75 10.88 8.71 10.94 10.3 12.7 14.44 15.51 8.47 15.81 14.89
PAT Margin (%) 13.2 7.49 6.2 7.69 10.49 9.12 11.24 11.14 6.86 12.7 12.97
Cash Profit Margin (%) 17.76 13.33 12.57 12.51 14.56 12.9 15.44 14.6 10.6 17.06 19.2
ROA(%) 11.08 5.77 6.06 5.69 8.16 7.18 7.78 8.74 6.24 8.11 7.07
ROE(%) 15.24 7.95 9.46 9.61 13.81 11.98 13.27 15.43 11.62 14.49 11.2
ROCE(%) 18.76 12.4 14.6 14.67 14.33 17.39 17.61 22.03 13.73 16.86 12.93
Receivable days 7.56 8.84 9.67 13.39 14.4 14.19 10.76 6.47 7.35 11.47 12.76
Inventory Days 29.6 30.25 24.36 33.35 34.87 30.22 24.72 24.04 24.9 33.68 36.05
Payable days 255.99 287.48 212.39 321.94 328.54 265.12 267.46 320.65 204.94 190 160.54
PER(x) 23.84 39.05 37.05 35.51 20.46 18.61 20.89 26.96 28.09 37.66 31.79
Price/Book(x) 3.52 3.07 2.07 2.6 1.99 1.62 2.17 2.96 2.72 3.48 2.48
Dividend Yield(%) 2.19 1.38 1.36 1.33 0.67 0.76 7.23 1.67 0.68 0.33 0.37
EV/Net Sales(x) 3.31 3.04 1.81 2.02 1.47 1.09 1.65 2.19 1.79 3.75 3.61
EV/Core EBITDA(x) 14.03 15.16 9.84 11.4 8.71 5.73 7.43 9.65 11.89 16.42 14.65
Net Sales Growth(%) 8.63 -5.24 113.01 17.27 10.3 4.08 -9.55 18.15 34.43 -14.84 5.69
EBIT Growth(%) 17.54 -31.19 73.92 35.08 3.89 30.95 2.14 28.52 -26.1 57.29 -0.55
PAT Growth(%) 16.28 -45.65 76.11 36.7 52.85 -6.38 11.63 19.45 -18.5 56.55 8.95
EPS Growth(%) 15.97 -45.73 6.91 37.22 43.59 -3.78 12.91 17.54 -7.09 24.98 4.06
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.91 2.02 1.12 1.25 1.48 1.58 1.38 1.52 1.67 1.98 1.42
Quick Ratio(x) 1.63 1.74 0.83 0.97 1.12 1.35 1.2 1.27 1.39 1.68 1.12
Interest Cover(x) 28.06 13.69 10.75 14.45 18.12 23.81 29.47 36.46 20.14 22.33 28.43
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Ambuja Cement Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 63.15 63.15 66.7 70.29 67.53 67.53 67.53 67.53 67.65 67.65
FII 11.64 11.87 11.08 9.58 10.6 9.13 8.6 7.43 5.9 5.79
DII 15.52 15.82 14.47 13.25 15.18 16.62 17.3 18.7 19.62 19.84
Public 9.63 9.09 7.68 6.82 6.63 6.67 6.52 6.29 6.77 6.67
Others 0.07 0.07 0.06 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Total 100 100 100 100 100 100 100 100 100 100

Ambuja Cement News

Ambuja Cement Pros & Cons

Pros

  • Debtor days have improved from 190 to 160.54days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12% over the last 3 years.
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