Ambuja Cements, a leading Indian cement and building materials company and a subsidiary of the Adani Group, reports stable financial results for Q2 and H1 fiscal year (FY) 2024-25. The company’s performance is driven by robust volume growth, expanded operational scale, successful integration and value realization from acquired assets, strengthened cost competitiveness, improved operational efficiencies, and synergies within the group.
Ambuja Cements: Financial Highlights
Ambuja Cements achieves its highest Q2 revenue in the last 5 years. This has reached Rs 7,516 crore, fuelled by a 1% increase in trade sales volume and a 3.3 percentage point year-over-year (YoY) rise in premium products as a percentage of trade sales, reaching 26%. The company’s net worth has increased by Rs 450 crore during the quarter, reaching Rs 59,916 crore. The company has maintained a debt-free status and retaining its strong credit ratings of Crisil AAA (stable) and Crisil A1+.
With a robust cash and cash equivalent position of Rs 10,135 crore, the company is well-positioned to drive accelerated growth. The company’s working capital position remains agile, with a business-level working capital cycle of 33 days.
Key Takeaways
- The company achieved a 9% year-over-year (YoY) volume growth, reaching 14.2 million tons in Q2 of FY25.
- Ambuja Cements reports an Operating EBITDA of Rs 1,111 crore in Q2 of FY25. The EBITDA per metric ton (PMT) stood at Rs 780, and an EBITDA margin was 14.8%.
- The company’s net worth has risen to a total of Rs 59,916 crore.
- Ambuja Cements’ consolidated profit after tax (PAT) for Q2 FY25 reached Rs 473 crore.
- The company’s consolidated profit after tax (PAT) for H1 FY25 stood at Rs 1,256 crore.
“We are glad to deliver another sustained performance aligned to our growth blueprint and setting new benchmarks in efficiency,” said Ajay Kapur, CEO, Ambuja Cements. “We continue to focus on innovation, digitisation, customer satisfaction and ESG as the core elements of our business,” he further added.
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