Latest news with #AmbujaCements
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Business Standard
9 hours ago
- Business
- Business Standard
Ambuja Cements Q1 net rises to Rs 788 cr as volumes, premium mix improve
Ambuja Cements, owned by the Adani Group, posted a 23.13 per cent year-on-year (YoY) rise in consolidated net profit for the first quarter of FY2026 to Rs 787.9 crore. The growth was driven by the company's highest-ever quarterly cement sales volume of 18.4 million tonnes (mt), up 20 per cent YoY. However, the profit figure fell short of Bloomberg's consensus estimate of Rs 920.1 crore. Strong trade volumes, a higher share of premium products, and improved realisations contributed to the earnings performance. The company also completed its acquisition of Orient Cement during the quarter. Revenue from operations rose 22.6 per cent YoY to Rs 10,289.1 crore, exceeding analysts' expectations of Rs 9,751.1 crore. This marks the company's best quarterly revenue performance to date. Orient Cement integration boosts operational strength 'The integration of Orient assets has been completed ahead of time with good results from these assets,' said Vinod Bahety, whole-time director and CEO of Ambuja Cements. 'We have good visibility to sustain this performance and are well-positioned to lead the next phase of growth with a sustainable EBITDA of Rs 1,500 per metric tonne.' Trade volumes rose 2.4 per cent, while the share of premium products climbed to 33 per cent—up 43 per cent YoY—supported by a solution-oriented approach, improved supply chains, and stronger brand pull across key markets. Cement demand outlook remains optimistic Bahety noted that cement demand grew 4 per cent YoY during Q1 FY26, compared to 2 per cent in the same quarter last year. According to Elara Capital, pan-India cement prices rose 3 per cent quarter-on-quarter to Rs 377 per bag during Q1 FY26, recovering from a 4 per cent decline in Q1 FY25. Prices softened in June due to the onset of the monsoon. 'For FY26, we expect cement demand to grow in the range of 7–8 per cent, backed by sturdy rural and urban demand, modest pickup in infrastructure spending, and a steady recovery in housing and real estate,' Bahety added. Sequentially, revenue grew by 3.1 per cent, though profit declined 17.6 per cent. With a current installed capacity of 104.5 mtpa, Ambuja is India's second-largest cement producer and aims to reach 140 mtpa by FY2028. UltraTech Cement reported a 48.9 per cent YoY jump in profit and a 9.7 per cent increase in sales volume. Nuvoco Vistas Corp posted a 6 per cent rise in sales and significant profit growth on a low base. Dalmia Bharat, by contrast, saw a 5 per cent decline in volume.
Business Standard
10 hours ago
- Business
- Business Standard
Ambuja Cements slips after Q1 PAT slides 18% QoQ to Rs 788 crore
Ambuja Cements declined 3.65% to Rs 595.75 after the company's consolidated net profit dropped 17.61% to Rs 787.88 crore on a 3.53% rise in revenue to Rs 10,244.11 crore in Q1 FY26 over Q4 FY25. On a year-on-year (YoY) basis, the company reported a 23.13% increase in consolidated net profit to Rs 787.88 crore, on a 23.54% rise in revenue from operations to Rs 10,244.11 crore in Q1 FY26 over Q1 FY25. The company reported profit before exceptional items and tax of Rs 1,292.63 crore in Q1 FY26, compared to Rs 1,094.06 crore recorded in the same period a year ago. The firm reported exceptional items of Rs 40 crore during the quarter. Ambuja Cements sales volume stood at 18.4 million tons in Q1 FY26, registering a growth of 20.26% on a YoY basis. In Q1 FY26, operating EBITDA rose 53.2% year-on-year to Rs 1,961 crore, while the EBITDA margin improved to 19.1%, compared to 15.3% in Q1 FY25. EBITDA per metric tonne (PMT) stood at Rs 1,069 in June 2025. The company's net worth stood at Rs 66,436 crore. It remains debt-free and continues to maintain its Crisil AAA (stable) and Crisil A1+ ratings. On the outlook front, Ambuja Cements said, Cement demand during Q1 FY26 registered 4% growth, compared to the marginal 2% growth during the same period in FY25. Growth was largely driven by the governments ongoing flagship programsPMAY, PMSY, Bharatmala, Sagarmala, and other cement-intensive projects. The cement sectors growth outlook for Q2 FY26 continues to remain positive. For FY26, we expect cement demand to grow in the range of 7% - 8%, backed by sturdy rural and urban demand, a modest pickup in infrastructure spending, and a steady recovery in housing & real estate. Ambuja Cements is well-positioned to capitalize on this growth with its expanding capacity, cost leadership, and sustainability focus." Vinod Bahety, whole-time director & CEO of Ambuja Cements, said, Our Q1 results are more than numbersthey reflect a vibrant mood, a transformation narrative rooted in speed, scale, and sustainability. We are delivering with a focus on value, business optimizers, solution-focused premium products, a rejuvenated supply chain, and superior brand pull across key markets aided by value unlocking from acquired assets. As we march towards 140 MTPA ecosystems by FY28, we remain focused on reimagining cement as a solutions-driven, customer-centric business. Ambuja Cements is a major cement-producing company in India. The principal activity of the company is to manufacture and market cement and clinker for both domestic and export markets.
Business Standard
10 hours ago
- Business
- Business Standard
Ambuja Cements consolidated net profit rises 23.13% in the June 2025 quarter
Sales rise 23.54% to Rs 10244.11 croreNet profit of Ambuja Cements rose 23.13% to Rs 787.88 crore in the quarter ended June 2025 as against Rs 639.86 crore during the previous quarter ended June 2024. Sales rose 23.54% to Rs 10244.11 crore in the quarter ended June 2025 as against Rs 8292.10 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 24 OPM %19.1415.43 -PBDT2154.201570.11 37 PBT1292.631094.06 18 NP787.88639.86 23 Powered by Capital Market - Live News
NDTV
14 hours ago
- Business
- NDTV
Ambuja Cements Begins FY 2025-26 With A Robust Performance
Ahmedabad (Gujarat): Ambuja Cements has begun financial year 2025-26 with a robust performance, where it has reported its highest ever quarterly sales of 18.4 million tonne, up 20 per cent year-on-year. Ambuja Cements, part of the diversified Adani Portfolio, announced robust financial results for the quarter ended June 2025. The cement maker's market share rose 2 percentage points to 15.5 per cent. Its quarterly revenue crossed Rs 10,000 crore mark, up 23 per cent. It has reported its highest quarterly EBITDA at Rs 1,961 crore, up 53 per cent year-on-year. The Company has begun this fiscal year with a high note, supported by value focus, volume growth, channel engagement, cost efficiencies and well integration of the acquired assets. By blending business reimagination, future-ready technologies, ESG focus and deep community engagements, Ambuja Cements is redefining scale and impact in the cement industry, it said in their earnings statement Thursday. Vinod Bahety, Whole Time Director and CEO, Ambuja Cements, said: "Our Q1 results are more than numbers - they reflect a vibrant mood, a transformation narrative rooted in speed, scale and sustainability. We are delivering with focus on value, business optimiser, solution focussed premium products, rejuvenated supply chain and superior brand pull across key markets aided by value unlocking from acquired assets." "As we march towards 140 MTPA ecosystem by FY'28, we remain focused on reimagining cement as a solutions-driven customer-centric business. It's pertinent to highlight some of our new business drives like NirmAAAnotsav (in partnership with CREDAI), Gruhalaxmi, Dhanvarsha, Super Sunday program and others have been very well received across the business stakeholders. Further, integration of Orient assets has been completed ahead of time with good results from these assets. We have a good visibility to sustain this performance and well-positioned to lead the next phase of growth with a sustainable EBITDA of Rs. 1,500 PMT." Adani Cements said the cement sector's growth outlook for Q2 2025-26 continues to remain positive. For 2025-26, they expect cement demand to grow in the range of 7-8 per cent, backed by sturdy rural and urban demand, modest pickup in infrastructure spending and a steady recovery in housing and real estate. Ambuja Cements assert it is well-positioned to capitalise on this growth with its expanding capacity, cost leadership, and sustainability focus. Ambuja Cements Limited has a cement capacity of 104.5 MTPA across 24 integrated manufacturing plants and 22 grinding units.
Reuters
14 hours ago
- Business
- Reuters
India's Ambuja Cements posts first-quarter profit rise on strong volumes, price recovery
July 31 (Reuters) - India's Ambuja Cements ( opens new tab reported a higher first-quarter adjusted profit on Thursday, helped by strong volume growth and recovering cement prices. Standalone pre-tax profit rose to 10.66 billion rupees ($121.69 million) during the April-June period, up 37% on-year. The company recorded a one-off expense of 128.9 million rupees in the year-ago quarter. Revenues rose 22%, lifted by a near-17% volume rise. At least four brokerages expected volumes to grow in the 7%-22% range. Shares fell 1.4% at a time when the broader market is digesting Trump's 25% tariff threat and an undisclosed penalty on Indian goods. For further earnings highlights, click KEY CONTEXT April-June quarter is usually a weak quarter for cement makers, as the summer heat and monsoon rains hinder construction. However, Ambuja, with its unit ACC, and larger rival UltraTech Cement ( opens new tab, have managed to protect their volumes thanks to the string of deals they have inked in the sector recently, analysts said. Rising 2% from last year's slump, cement prices also lent support, in the quarter, according to brokerage Ambit Capital. Last week, UltraTech Cement reported earnings above market estimates and ACC posted a 5% profit rise, aided by uptick in prices. PEER COMPARISON * The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell ** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT APRIL-JUNE STOCK PERFORMANCE -- All data from LSEG -- $1 = 87.60 Indian rupees
