Ambuja Cements

NSE: AMBUJACEMBSE: 500425
Compare with peers
₹ 351.20▲ 2.4 (+0.69%)28 Oct, 03:28 pm IST
Market cap
₹ 88,956 Cr.
P/E
18.9x
P/B
1.51x
52-week range
341 – 588.75
ROE
9%
ROCE
6%
Dividend yield
0.6%
Debt / equity
0.01
Sector
Cement & Cement Products
Industry
Cement & Cement Products
Listed on
NSE, BSE

About

Ambuja Cements Limited is an India-based cement company. The Company’s principal activity is to manufacture and market cement and cement-related products. The Company’s segments include Cement and Ready Mix Concrete. The Company's products include Ambuja Cement, Ambuja Kawach, Ambuja Plus, Ambuja Cool Walls, Ambuja Compocem, Ambuja Buildcem, Ambuja Powercem, Ambuja Railcem, and Purasand for Concrete & Plaster. It serves a diverse customer base, including individual home builders (IHBs), developers, institutional clients, masons, contractors and professionals. Its cement capacity is 102.95 MTPA with 24 integrated cement manufacturing plants and 22 cement grinding units across the country. The Ambuja Plus product is a special cement for denser and leak-proof concrete. The Ambuja Compocem product is slag and silicate enriched composite (green) cement. The Company's subsidiaries include M.G.T Cements Private Limited, Chemical Limes Mundwa Private Limited, and others.

Quick check

The five things to look at first. Open one for more.

Ambuja Cements against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)18.9 against a typical 32.3: cheaper than most peers (1st = cheapest).14th of 40
  • Sales growth−7.7% against a typical +9.4% from a year earlier.32nd of 37
  • Profit growth−36.6% against a typical −31.3% from a year earlier.17th of 28
  • Share price, 3 months−19.3% against a typical −13.1%.30th of 39
  • Size₹ 88,956.5 Cr. market value against a typical ₹ 686.3 Cr. (1st = largest).2nd of 32

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by 4 agencies
AAA
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
India RatingsIND AAA; IND A1+Stable20 Aug 2026
ICRA[ICRA]AAAStable8 Apr 2026
CRISILCrisil AAAStable2 Jan 2026
CARECARE AAA / CARE A1+Stable23 Oct 2025
Credit rating actions
RatingDetails
20 Aug 2026
New rating
IND AAA—India Ratings₹ 7,000 Cr.
8 Apr 2026
New rating
[ICRA]AAA—ICRA₹ 7,000 Cr.
2 Jan 2026
Reaffirmed
Crisil AAA—CRISIL₹ 5,100 Cr.
23 Oct 2025
New rating
CARE AAA / CARE A1+—CARE₹ 4,000 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on Ambuja Cements

Also covered in

Sector note · 4 Aug 2025Premium
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Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for Quarter and Half Year ended September 30, 2026
28 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
4 May 2026Financial Results/DividendAMBUJA CEMENTS LIMITED has informed the Exchange about Board Meeting to be held on May 4, 2026, inter-alia, to consider and approve the Audited Financial results of the Company for the quarter and year ended on March 31, 2026 and to recommend Dividend, if any, on the Equity shares of the Company for FY 2025-26.
30 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
3 Nov 2025Financial ResultsTo consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2025.
31 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
29 Apr 2025Financial ResultsTo consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended 31st March 2025 and to recommend the dividend, if any, on equity shares of the Company for the financial year 2024-25.

Share price

1Y change −37.31%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7,4248,1298,8948,3927,5529,4119,98110,2899,17410,27710,9169,500
Expenses6,1226,3977,1957,1126,4417,7008,1138,3287,4148,9249,4517,911
Operating Profit1,3021,7321,6991,2801,1111,7121,8681,9611,7611,3531,4651,589
OPM %18%21%19%15%15%18%19%19%19%13%13%17%
Other Income4802044483582201,3557133003977136150
Interest617093686767146777592157
Depreciation3814164594765206076947678859111,053834
Profit before tax1,3401,4501,5951,0947442,3931,8721,427838460527848
Tax %26%25%5%28%33%−11%28%27%−175%12%−252%22%
Net Profit9871,0911,5217834962,6631,3511,0412,3024031,857660
EPS in Rs3.994.154.782.61.958.764.163.537.140.977.42.32

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
16%
5 Years
11%
3 Years
1%
TTM
7%
Compounded Profit Growth
10 Years
22%
5 Years
15%
3 Years
21%
TTM
4%
Stock Price CAGR
10 Years
4%
5 Years
1%
3 Years
−4%
TTM
—
Return on Equity
10 Years
9%
5 Years
9%
3 Years
9%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
67.33%
−0.24 pts in a year
FIIs
5.63%
−1.8 pts in a year
DIIs
19.44%
+0.95 pts in a year
Government
0.21%
0 pts in a year
Public
7.38%
+1.08 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 18.9xEPS (12 months) ₹ 19.03Median P/E 23x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Ambuja Cements₹ 351.20₹ 88,956 Cr.18.9x1.5x9%—
UltraTech Cement₹ 11,066.00₹ 3,26,092 Cr.41.7x4.5x11.1%9.3%
Grasim Industries₹ 2,898.00₹ 1,95,975 Cr.40.8x2x4.9%5.9%
Shree Cement₹ 22,760.00₹ 82,120 Cr.55.2x4.1x7.8%8.4%
Dalmia Bharat₹ 1,591.65₹ 29,801 Cr.29.5x1.9x6.5%7.8%
ACC₹ 1,163.00₹ 21,851 Cr.12.3x1.3x10.9%8.3%

Management

Vinod Bahety
Chief Executive Officer, Whole-Time Director
Rohit Soni
Chief Financial Officer
Manish Mistry
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.