Latest news with #AmbujaCements'
&w=3840&q=100)
Business Standard
7 days ago
- Business
- Business Standard
ACC Q1FY26 results: Net profit grows 4% amid increased sales volumes
Cement major ACC's consolidated profit (attributable to the owners of the company) for the first quarter of the financial year 2026 (Q1 FY26) declined by 4.4 per cent year-on-year (YoY), to Rs 375.4 crore, amid a 12 per cent growth in sales volume. The cement and clinker volume of Ambuja Cements' subsidiary stood at 11.5 million tonnes, the highest ever in the first quarter for the company. Meanwhile, trade sales volume grew by 6 per cent, and the share of premium products in trade sales stood at 41 per cent, up by 7 percentage points YoY. However, the profit missed the Bloomberg analysts' poll estimate of Rs 547 crore. The company's revenue for the quarter grew by 17.3 per cent YoY, to Rs 6,098.1 crore, amid higher trade sales volume and a higher share of premium products in trade sales. The revenue comfortably surpassed the analysts' estimate of Rs 5,718.1 crore. The company's total expenses for the quarter stood at Rs 5,594.25 crore, up 16.84 per cent YoY. Vinod Bahety, whole-time director and chief executive officer, ACC, said, 'With a purpose-driven accelerated start to the year, our performance reflects the strength of our integrated strategy—anchored in premium sales, operational excellence, cost leadership, and a deep commitment to sustainability. The consistent growth in volumes, efficiency gains, and digital transformation initiatives are enabling us to deliver greater value to our customers and stakeholders.' ACC's operating earnings before interest, taxes, depreciation, and amortisation (EBITDA) during Q1 FY26 stood at Rs 778 crore, up by 14.6 per cent. However, its operating EBITDA margin declined to 12.8 per cent in Q1 FY26 from 13.1 per cent in Q1 FY25. Sequentially, the company's revenue declined marginally by 30 basis points, but the profit dipped by 50 per cent. These results come amid an all-India quarterly cement price hike of 6 per cent during the quarter, following a low base from Q1 FY25, which was affected by general elections. According to Elara Capital, the average pan-India cement prices rose by 3 per cent quarter-on-quarter (QoQ) in Q1 FY26 to Rs 377 per bag. Cement demand growth in Q1 FY26 remained strong at 4 per cent, supported by favourable macroeconomic conditions and sustained demand from the housing and infrastructure sectors, the company noted. During Q1 FY26, the company's kiln fuel cost reduced by 10 per cent, thanks to the use of low-cost imported petcoke, improved linkage and captive coal consumption, and synergies with group companies. The company's logistics costs also reduced by 5 per cent to Rs 972 per tonne. "Healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," the company stated. During the quarter under review, ACC's net worth increased by Rs 228 crore to Rs 18,787 crore as of June 30, 2025. The outlook for Q2 FY26 remains strong. For FY26, cement demand is expected to grow between 6 and 7 per cent due to a rise in demand for affordable housing (both rural and urban) and higher spending on infrastructure and the commercial sector, which includes increased investment in the core and allied infrastructure sectors, ACC noted. Additionally, ACC's shares listed on the Bombay Stock Exchange closed at Rs 1,893.40 per equity share on Thursday (24 July).
Economic Times
10-07-2025
- Business
- Economic Times
Ambuja Cements shares in focus after ACC commissions 1.5 MTPA grinding unit in Jharkhand
Shares of Ambuja Cements will be in focus on Thursday after the company announced that its subsidiary, ACC Limited, has successfully commissioned a 1.5 million tonnes per annum (MTPA) brownfield grinding unit at its Sindri plant in Jharkhand. ADVERTISEMENT With this commissioning, Ambuja Cements' total installed cement capacity has increased to 104.45 MTPA, the company said in a regulatory filing. 'This development marks a significant milestone in the company's journey of growth and excellence,' it added. Last month, Ambuja had commissioned a 2.4 MTPA brownfield expansion at its Sankrail unit in West Bengal, which had pushed its capacity to 102.95 MTPA. Also Read: These 10 debt-free penny stocks rallied 75-355% in 1 year. Do you own any? For the March 2025 quarter, Ambuja Cements reported a 75% year-on-year (YoY) rise in standalone net profit to Rs 929 crore, while revenue from operations grew 19% YoY to Rs 5,670 crore. ADVERTISEMENT On a consolidated basis, however, profit after tax declined 9% YoY to Rs 956 crore, compared to Rs 1,051 crore in the same quarter last year. Consolidated revenue rose 12% YoY to Rs 9,872 stood at Rs 1,868 crore, up 10% YoY, with margins steady at 18.9%. EBITDA per tonne came in at Rs 1,001, excluding a one-time government grant recorded in the previous quarter. ADVERTISEMENT Also Read: Is the chemical sector entering a new supercycle? Top stocks already up 35–135% in 2025 According to Trendlyne, the average analyst target price for Ambuja Cements is Rs 623, implying an upside of just over 6% from current levels. The stock holds a 'Buy' rating from 38 analysts. ADVERTISEMENT Ambuja shares closed 0.1% lower at Rs 590.7 on Wednesday on the BSE, while the benchmark Sensex slipped 0.21%. The stock has gained 12% in the past six months and is up 10% year-to-date. Ambuja Cements' market capitalisation currently stands at Rs 1.45 lakh crore. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
10-07-2025
- Business
- Time of India
Ambuja Cements shares in focus after ACC commissions 1.5 MTPA grinding unit in Jharkhand
Shares of Ambuja Cements will be in focus on Thursday after the company announced that its subsidiary, ACC Limited , has successfully commissioned a 1.5 million tonnes per annum (MTPA) brownfield grinding unit at its Sindri plant in Jharkhand . With this commissioning, Ambuja Cements' total installed cement capacity has increased to 104.45 MTPA, the company said in a regulatory filing. 'This development marks a significant milestone in the company's journey of growth and excellence,' it added. Last month, Ambuja had commissioned a 2.4 MTPA brownfield expansion at its Sankrail unit in West Bengal, which had pushed its capacity to 102.95 MTPA. Also Read: These 10 debt-free penny stocks rallied 75-355% in 1 year. Do you own any? Ambuja Q4 earnings Live Events For the March 2025 quarter, Ambuja Cements reported a 75% year-on-year (YoY) rise in standalone net profit to Rs 929 crore, while revenue from operations grew 19% YoY to Rs 5,670 crore. On a consolidated basis, however, profit after tax declined 9% YoY to Rs 956 crore, compared to Rs 1,051 crore in the same quarter last year. Consolidated revenue rose 12% YoY to Rs 9,872 crore. EBITDA stood at Rs 1,868 crore, up 10% YoY, with margins steady at 18.9%. EBITDA per tonne came in at Rs 1,001, excluding a one-time government grant recorded in the previous quarter. Also Read : Is the chemical sector entering a new supercycle? Top stocks already up 35–135% in 2025 Ambuja Cements shares target price According to Trendlyne, the average analyst target price for Ambuja Cements is Rs 623, implying an upside of just over 6% from current levels. The stock holds a 'Buy' rating from 38 analysts. Ambuja Cements' stock performance Ambuja shares closed 0.1% lower at Rs 590.7 on Wednesday on the BSE, while the benchmark Sensex slipped 0.21%. The stock has gained 12% in the past six months and is up 10% year-to-date. Ambuja Cements' market capitalisation currently stands at Rs 1.45 lakh crore. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
&w=3840&q=100)
Business Standard
02-07-2025
- Business
- Business Standard
Ambuja Cements rises 2% in trade; brokerages upbeat on company's capex plan
Ambuja Cements share price rose 2.2 per cent in trade on Wednesday, logging an intraday high at ₹593.3 per share on BSE on strong capacity expansion and cost efficiency improvement plans. At 12:08 PM, Ambuja Cements share price was trading 2.21 per cent higher at ₹592.8 per share on the BSE. In comparison, the BSE Sensex was trading down 0.28 per cent at 83,462.23. The company's market capitalisation stood at ₹1,46,013.96 crore. Its 52-week high was at ₹706.85 per share and 52-week low was at ₹452.9 per share. On Ambuja Cements' Marwar Mundwa plant visit, the company revealed plans to increase its market share from 11-12 per cent to 14.5 per cent, with a target of 17-18 per cent/20 per cent by FY28E/FY30E. Further, increasing its premium cement share remains a key focus area, which currently accounts for 24 per cent of its trade volume, with ₹400 per ton higher profitability. The company is also on track to expand its capacity and achieve a targeted capacity of 140 mtpa by FY28. Management also reiterated their guidance to reduce costs by ₹500–550 per ton by FY28E and believes acquisition challenges are behind it and profitability should improve backed by increasing digitisation, synergies from Adani group companies, higher share of RE power, improved logistics, lower lead distance, better use of marine transport and increase in share of premium cement (currently at 29 per cent of trade sales; aim is to reach 35 per cent in FY26). On the financial front, Ambuja Cements has reiterated its Ebitda/t target of ₹1,500/t by FY28E, led by cost savings and an increasing share of premium cement. Ebitda refers to Earnings before interest, tax, depreciation and amortisation. What should investors do with Ambuja Cements shares? Post the visit, Nuvama Institutional Equities has suggested buying Ambuja Cements for a target of ₹694 per share on the back of the company's healthy capex plans and measures being undertaken for cost efficiency improvement. Meanwhile, Motilal Oswal has reiterated its 'Buy' rating for a target of ₹700 per share. The brokerage estimates the company's consolidated revenue/Ebitda/PAT compound annual growth rate (CAGR) at 17 per cent/35 per cent/36 per cent over FY25-27, albeit on a low base.
&w=3840&q=100)
Business Standard
24-06-2025
- Business
- Business Standard
Ambuja Cements share price gains 5% in trade; What's behind rally?
Ambuja Cements shares rose 5 per cent in trade on Tuesday, logging an intraday high at ₹562.5 per share on BSE. At 1:48 PM, Ambuja Cements share price was trading 4.13 per cent higher at ₹557.75 per share on the BSE. In comparison, the BSE Sensex was up 0.12 per cent at 81,993.66. The company's market capitalisation stood at ₹1,36,223.04 crore. Its 52-week high was at ₹706.85 per share and 52-week low was at ₹452.9 per share. What led to a rally in Ambuja Cements stock? The stock gained after the company informed that it successfully commissioned a 2.4 Million Ton Per Annum (MTPA) brownfield expansion of a cement unit in Sankrail, West Bengal. "We would like to inform that the Company has successfully commissioned 2.4 Million Ton Per Annum (MTPA) brownfield expansion of Cement Unit in Sankrail, West Bengal," the filing read. Ambuja Cements Q4 results Ambuja Cements, in Q4, reported a 9 per cent decline in consolidated net profit ₹956.27 crore, as compared to ₹1,050.58 crore reported during the same period last year. Sequentially, consolidated net profit more than halved from ₹2,115.33 crore. Revenue from operations, however, grew by 11.6 per cent year-on-year (Y-o-Y) to ₹9,802.47 crore from ₹8,785.28 crore. On a quarter-on-quarter (Q-o-Q) basis, revenue rose by 16.5 per cent from ₹8,415.31 crore. Total expenses, meanwhile, also grew 14 per cent at ₹8,821.70 crore, compared to ₹7,747.41 crore reported during the same period last year. Sequentially, expenses rose by 6 per cent from ₹8,347.68 crore in Q3 FY25. Ambuja Cements' consolidated quarterly earnings before interest, taxes, depreciation, and amortisation (Ebitda) were the highest at ₹1,868 crore, up 10 per cent Y-o-Y. However, the margin slipped to 18.9 per cent from 19.1 per cent during the year-ago period. About Ambuja Cements
