Ajay Kapur, Whole Time Director & CEO, Ambuja Cements said, “Continuing our transformation journey, we are pleased to report a strong performance (standalone) in the second quarter of FY‘24, with a 8% increase in revenue, 147% increase in EBITDA at Rs 773 crore and 364% increase in PAT at Rs 644 crore compared to the previous year same quarter. Along with strong demand for our premium cement products, our business performance improved due to operational excellence, supply chain management and sales & marketing excellence, Adjacencies benefits with Group companies are lowering input costs which is boosting EBITDA & Margin growth.
Operational efficiencies helped in reduction in Kiln fuel cost from Rs 2.72/’000 kCal to Rs 1.79/’000 kCal & CPP fuel cost from Rs 2.27/’000 kCal to Rs 1.65/’000 kCal.
Logistics efficiencies has resulted in Direct dispatch up from 48% to 58%.
Our commitment to sustainability remains strong. We are consistently taking measures to benefit our communities and reduce our carbon footprint. These include diminishing energy intensity, implementing Waste Heat Recovery Systems, and augmenting renewable energy generation.
For the new facility of 4 MTPA at Bhatapara apart from Equipment which has been ordered, civil execution work has started. Expected completion by Q2 FY’26 For its corresponding Grinding unit at Sankrail and Farakka order has been placed on EPC vendor and piling work has also started. Expected completion of these units by Q3 FY’25.
For the new facility of 4 MTPA at Maratha LOI has been placed on EPC vendor, Site development and Pre project has also been started. EC and CTE approval are expected in this quarter. Expected completion by Q4 FY’26”
Equity Capital: 25,353.74 Cr FV: 2.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 21,819.21 | 39,849.27 |
LAST 3M | 59,182.99 | 17,912.96 |
LAST 6M | 101,166.54 | 92,564.27 |
LAST 12M | 166,925.45 | 138,096.90 |
Date | Action Type | Ratio |
---|---|---|
Jul 07, 2023 | Dividend | 125 |
Mar 30, 2022 | Dividend | 315 |
Mar 19, 2021 | Dividend | 50 |
Ambuja Cements is a cement manufacturing company and has a market capitalization of Rs. 81,292 crores as of 17th August 2021. The company started within the year 1983. It has reported quarterly net sales of Rs. 3371.18 crores at the end of June 2021. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 500425 and scrip code AMBUJACEM. As of 17th August 2021, the shares of Ambuja Cements were trading at Rs. 401.02.
Formerly, Ambuja Cements is referred to as Gujarat Ambuja Cement Limited. It markets cement and clinker for both domestic and export markets. The corporate is that the strategic partner of Holcim, the second-largest cement manufacturer in the world since 2006. Currently, Holcim holds a 61.62% stake in Ambuja Cements. The company is understood for its hassle-free, home-building solutions. Currently, the company has five integrated cement manufacturing plants and eight cement grinding units around the country, with a total capacity of 29.65 million tonnes. The company is additionally plastic negative by burning approximately 75,000 tonnes of plastic waste in its kilns, like 2.5 times the entire plastic used. The company’s promoters are holding 63.28% of the company’s total shareholding as of 17th August 2021 with zero promoter pledge. Promoter shareholding has remained constant during the last six months.
In June 2021, the company reported a consolidated net profit of Rs. 1,161 crores on the back of robust growth in volumes and efficiency gains. The net turnover during the quarter stood at Rs. 3,342 crores as against 2,145 crores within the same quarter of the previous year, leading to a growth of 56%. The premium products volume of the company grew by 69% compared to the same period last year. Also, total operating expense per ton sees a slight decline, despite continuous headwinds faced on account of rising input costs. EBITDA during the quarter was at Rs. 960 crores and showed a growth of 61% and operating EBIT was at Rs. 829 crores which showed robust growth of 78%. On a consolidated basis for the quarter and half year ended 30th June 2021, EBITDA was higher by 63% growth in operating EBIT was 87%. EPS of the company stood at Rs. 4.42 in June 2021 as against Rs. 4.77 in March 2021. Ambuja Cements shares closed at Rs. 401.50 (NSE) and has given a return of 83.04% over the last 12 months.
Ambujanagar P O, Taluka Kodinar, Gir Somnath, Gujarat, 362715
Tel | : | 91-2795-221137/232365 |
: | shares:ambujacement.com | |
Website | : | http://www.ambujacement.com |
Sharepro Services India P Ltd
AGM Date (Month) | : | Jul |
Face Value Equity Shares | : | 2 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 500425 |
NSE Code | : | AMBUJACEM |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE079A01024 |
You can buy Ambuja Cements Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ambuja Cements Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:59 PM the closing price of Ambuja Cements Ltd was ₹ 494.35.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:59 PM, the market cap of Ambuja Cements Ltd stood at ₹ 98,160.36.
The latest PE ratio of Ambuja Cements Ltd as of Dec 08, 2023 03:59 PM is 32.74
The latest PB ratio of Ambuja Cements Ltd as of Dec 08, 2023 03:59 PM is 0.34
The 52-week high of Ambuja Cements Ltd is ₹ 598.00 while the 52-week low is ₹ 315.30
According to analyst recommendations, Ambuja Cements Ltd has a “Buy” rating for the long term.