Ambuja Cement Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Ambuja Cements Ltd (Ambuja) is a manufacturer and distributor of construction materials and Portland pozzolana cement and ordinary Portland cement are its products. The company owns cement plants in Gujarat, Himachal Pradesh, Maharashtra, Rajasthan, and Chhattisgarh as well as grinding mills in Punjab, West Bengal, Uttaranchal, Uttar Pradesh, and Himachal Pradesh.
Latest Update -In the first quarter that wraps up on June 2024, Ambuja Cements Ltd has reported a consolidated net profit of Rs 789.63 crore. This is less than the net profit of Rs 1,135.46 crore posted by the company during April-June period last year.
Ambuja Cement Overview
Contents
Among the leading cement producers in India, one can cite Ambuja Cements Ltd. as the most prominent. It is owned by the Adani Group. At present, the company has six integrated cement manufacturing plants and eight grinding units located in different parts of India which collectively have increased their production levels up to 31 million tonnes per annum (MTPA) .
| Company Name | Ambuja Cements Ltd |
| Listed | NSE & BSE |
| Head Office | Elegant Business Park, Midc Cross Road ‘B’, Off Andheri-Krla Rd, Andheri (E), Mumbai, Maharashtra, 400059 |
| Board Of Director |
|
| Official Website | ambujacement.com |
Also Check Motisons Jewellers Share Price Target
Ambuja Cement Business Profile
As for the cement sector, Ambuja Cement is the part of Adani Group, where group owns Ambuja Cement, Sanghi Cements and markets ACC. They also have their presence in other sectors such as Energy & Utility, Transport & Logistics, Materials, Metallurgy & Mining and B2C. Adani cement accounts for 13% of the market in Q3FY24.
The organization is in the production of different categories of cement such as ordinary Portland, water repellent etc. It also stages making of other similar products among them are aggregates, rocks and concrete blocks.
Also Check Adani Ports Share Price Target
Products
Ambuja Plus Roof Special is a product from the Company that is used in making roofs as well as slabs, it also includes technology for installing rooftop rainwater harvesting systems. Its product line is comprised of Ambuja Powercem for ready mix concrete sector, Ambuja Railcem specifically for rail transport sector, as well as Ambuja Buildcem that targets the many housing needs in society.
Also Check Tata Steel Share Price Target
In addition, two brands under the category of micro materials are co-owned by The Company. One is Alccofine, with a variety of micro slag materials, while the other is Dirk Pozzocrete which has superfine fly ash. The Alccofine Micro Materials are applied in construction works like metro rail projects, dams construction, road building programs as well as flyovers, tunnels and bridges.
Also Check Spicejet Share Price Target
Manufacturing Facilities
Through the entire nation, Ambuja Cement owns six integrated cement manufacturing plants and eight grinding units which enables it to produce 31 million tonnes of cement.
Also Check Hudco Share Price Target
Outputs – FY23
Clinker production – 22.05 Mn Tonnes
Cement production – 33.96 Mn Tonnes
Blended cement production – 29.32 Mn Tonnes
Cement and clinker sales -37.78 Mn Tonnes
Capacity Utilisation – 86.4%
Captive power generated – 2589 Mn Unites
Also Check Nestle India Share Price Target
CAPEX
In a bid to foster growth and efficiency, the Company’s capital expenditure for the fiscal year ending March 31, 2023 (FY23) is INR 1,811 crores. This entails augmenting capacity by 14 MTPA to produce composite cement having 42 MW waste heat recovery system (WHRS) capacity, to consume 50% Alternative Fuels and green energy operations. They are expected to be operationalized within 24 months from today hence they will be financed through retained earnings.
Also Check Tata Investment Share Price Target
Ambuja Cement Fundamentals & Quarterly Results
| Market Cap | ₹ 1,61,913 Cr. |
| Current Price | ₹ 657 |
| High / Low | ₹ 690 / 404 |
| Stock P/E | 47.9 |
| Book Value | ₹ 176 |
| Dividend Yield | 0.31 % |
| ROCE | 14.0 % |
| ROE | 10.3 % |
| Face Value | ₹ 2.00 |
| Debt to Equity | 0.02 |
| Debt Capacity | 0.15 |
| Debt Preceding Year | ₹ 523 Cr. |
| Debt | ₹ 699 Cr. |
| Reserves | ₹ 38,236 Cr. |
| EPS | ₹ 16.3 |
| EPS Last Year | ₹ 16.3 |
| Pledged Percentage | 0.00 % |
| FCF Prev Ann | ₹ -3,331 Cr. |
| EV/EBITDA | 20.3 |
| Industry PE | 28.9 |
| PEG Ratio | 5.66 |
| Piotroski Score | 7.00 |
| Earnings Yield | 3.90 % |
| Sales Growth 5 Years | 4.95 % |
Also Check HAL Share Price Target
Ambuja Cement Quarterly Results
| Quarter | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,900 | 8,033 | 7,143 | 7,907 | 7,966 | 8,713 | 7,424 | 8,129 | 8,894 |
| Expenses | 6,476 | 6,922 | 6,809 | 6,885 | 6,727 | 7,046 | 6,122 | 6,397 | 7,195 |
| Operating Profit | 1,424 | 1,111 | 334 | 1,021 | 1,239 | 1,667 | 1,302 | 1,732 | 1,699 |
| OPM % | 18% | 14% | 5% | 13% | 16% | 19% | 18% | 21% | 19% |
| Other Income | 97 | 143 | 75 | -18 | 142 | 268 | 480 | 204 | 448 |
| Interest | 32 | 40 | 41 | 43 | 39 | 52 | 61 | 70 | 93 |
| Depreciation | 306 | 319 | 331 | 337 | 352 | 372 | 381 | 418 | 453 |
| Profit before tax | 1,183 | 895 | 39 | 623 | 989 | 1,512 | 1,340 | 1,448 | 1,601 |
| Tax % | 28% | 3% | -33% | 22% | 23% | 25% | 26% | 25% | 5% |
| Net Profit | 856 | 865 | 51 | 488 | 763 | 1,135 | 987 | 1,090 | 1,526 |
| EPS (in Rs) | 3.32 | 3.79 | 0.47 | 2.19 | 3.25 | 4.56 | 3.99 | 4.15 | 4.80 |
Also Check HFCL Share Price Target
CAGR Report
| 10 Years | 5 Years | 3 Years | TTM/1 Year | |
|---|---|---|---|---|
| Compounded Sales Growth | 14% | 5% | 11% | -15% |
| Compounded Profit Growth | 11% | 8% | 11% | 21% |
| Stock Price CAGR | 12% | 25% | 23% | 50% |
| Return on Equity | 10% | 10% | 11% | 10% |
Also Check NBCC Share Price Target
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Apr 2024 |
|---|---|---|---|---|---|---|---|
| Promoters | 63.45% | 63.28% | 63.29% | 63.19% | 63.22% | 66.74% | 70.33% |
| FIIs | 17.91% | 15.66% | 17.75% | 12.97% | 11.16% | 11.09% | 9.90% |
| DIIs | 10.92% | 14.16% | 12.11% | 16.25% | 14.48% | 14.24% | 12.73% |
| Government | 0.00% | 0.20% | 0.26% | 0.26% | 0.26% | 0.23% | 0.21% |
| Public | 7.72% | 6.71% | 6.59% | 7.34% | 10.87% | 7.69% | 6.85% |
| No. of Shareholders | 1,68,983 | 1,79,094 | 2,37,224 | 4,37,838 | 7,04,994 | 5,42,773 | 5,45,152 |
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹602.1 | ₹703.6 | ₹764.5 |
| 2025 | ₹780 | ₹734 | ₹877 |
| 2026 | ₹895 | ₹841 | ₹1004 |
| 2027 | ₹1024 | ₹963 | ₹1151 |
| 2028 | ₹1174 | ₹1103 | ₹1317 |
| 2029 | ₹1343 | ₹1262 | ₹1506 |
| 2030 | ₹1536 | ₹1444 | ₹1723 |
| Month | Target |
| January | ₹780 |
| February | ₹796 |
| March | ₹812 |
| April | ₹785 |
| May | ₹759 |
| June | ₹734 |
| July | ₹763 |
| August | ₹794 |
| September | ₹826 |
| October | ₹843 |
| November | ₹860 |
| December | ₹877 |
| Month | Target |
| January | ₹895 |
| February | ₹913 |
| March | ₹931 |
| April | ₹900 |
| May | ₹870 |
| June | ₹841 |
| July | ₹875 |
| August | ₹910 |
| September | ₹946 |
| October | ₹965 |
| November | ₹984 |
| December | ₹1004 |
| Month | Target |
| January | ₹1024 |
| February | ₹1044 |
| March | ₹1065 |
| April | ₹1030 |
| May | ₹996 |
| June | ₹963 |
| July | ₹1002 |
| August | ₹1042 |
| September | ₹1084 |
| October | ₹1106 |
| November | ₹1128 |
| December | ₹1151 |
| Month | Target |
| January | ₹1174 |
| February | ₹1197 |
| March | ₹1221 |
| April | ₹1180 |
| May | ₹1141 |
| June | ₹1103 |
| July | ₹1147 |
| August | ₹1193 |
| September | ₹1241 |
| October | ₹1266 |
| November | ₹1291 |
| December | ₹1317 |
| Month | Target |
| January | ₹1343 |
| February | ₹1370 |
| March | ₹1397 |
| April | ₹1350 |
| May | ₹1305 |
| June | ₹1262 |
| July | ₹1312 |
| August | ₹1364 |
| September | ₹1419 |
| October | ₹1447 |
| November | ₹1476 |
| December | ₹1506 |
| Month | Target |
| January | ₹1536 |
| February | ₹1567 |
| March | ₹1598 |
| April | ₹1545 |
| May | ₹1494 |
| June | ₹1444 |
| July | ₹1502 |
| August | ₹1562 |
| September | ₹1624 |
| October | ₹1656 |
| November | ₹1689 |
| December | ₹1723 |
Official Website – ambujacement.com