Latest news about Ambuja Cements
Ambuja Cements
405.00
+2.30(+0.57%)
Company Performance:
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More news about Ambuja Cements
30Jul 26
Ambuja Cements Q1FY27 net profit falls 37% to ₹660 crore on soft demand
Ambuja Cements' Q1FY27 results show a significant decline in profitability, with consolidated net profit falling 37% to ₹660 crore and revenue dropping 8% to ₹9,500 crore. The downturn is attributed to weaker market demand and lower realization rates, despite cost-saving initiatives.
29Jul 26
NCLT orders ACC, Ambuja Cements to hold merger meetings on Sep 29
NCLT Ahmedabad directs ACC and Ambuja Cements to convene equity shareholder meetings on September 29, 2026, to approve the proposed Scheme of Amalgamation. The merger, effective January 1, 2026, aims to streamline operations and unlock synergies. Unsecured creditors' meetings are dispensed as no compromise is offered.
29Jul 26
Ambuja Cements Plans ₹6,500 Crore Investment in FY27, Targets 8% Volume Growth and Lower Operating Costs
Ambuja Cements plans to invest around ₹6,500 crores in FY27, with a similar level of capital expenditure anticipated for FY28, targeting the addition of 8 to 10 million tons of capacity annually. The company has set an 8% volume growth goal for FY27, supported by an 8% rise in trade volumes in July. On the cost side, Ambuja Cements aims to achieve a net operating cost of ₹4,250 per metric ton in FY27, with a further reduction of ₹250 targeted to bring it to ₹4,000 PMT or less by FY28.
28Jul 26
Ambuja Cements Q4 Results: Earnings Call Audio Uploaded For Investors
Ambuja Cements Limited has published the audio recording of its earnings call for the quarter ended June 30, 2026, on its website. The filing was submitted to NSE, BSE, and Luxembourg Stock Exchange on July 28, 2026, by Company Secretary Manish Mistry. Investors can access the recording to review management's insights on the standalone and consolidated financial results.
28Jul 26
Ambuja Cements Q1 Results: Volume degrowth of 7% vs FY27 guidance of 8–9%
Ambuja Cements posted a volume degrowth of 7% in Q1, contrasting with its FY27 volume growth guidance of 8–9%. The gap between Q1 actual performance and the full-year target highlights a challenging opening quarter for the company. A meaningful recovery in subsequent quarters would be required for Ambuja Cements to align with its stated annual volume growth objective.
28Jul 26
Ambuja Cements Latest Results: Capacity target 119 MTPA by FY27, cost cut ₹250/MT
Ambuja Cements plans to expand cement production capacity to 119 MTPA by FY27-end, driven by 10.2 MTPA of new additions. The company is targeting a cost reduction of ₹250/MT to achieve a production cost of ₹4,250/MT. Additionally, the company expects peak fuel cost inflation to coincide with the seasonally weaker Q2 period, highlighting a near-term cost headwind.
21Jul 26
Ambuja Cements to hold Sep 28 meeting for Orient Cement merger
NCLT has directed Ambuja Cements to hold a shareholder meeting on September 28, 2026, via video conference to approve the merger with Orient Cement. The order dated July 20, 2026, follows prior disclosures regarding the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013.
15Jul 26
Ambuja Cements to Hold Q1FY27 Earnings Call on July 28 at 16:30 IST
Ambuja Cements has scheduled its Q1FY27 earnings call for July 28, 2026, at 16:30 IST to discuss unaudited financial results for the quarter ended June 30, 2026. The call will feature CEO Vinod Bahety, CFO Rohit Soni, and Head IR Deepak Balwani, moderated by Jashandeep Singh of Nomura, with the disclosure made under SEBI Regulation 30.
06Jul 26
Ambuja Cements Records ₹21.33 Crore Block Trade on NSE at ₹440.35 Per Share
Ambuja Cements recorded a block trade on the NSE involving approximately 4,84,379 shares at ₹440.35 per share. The total deal value of the transaction stood at ₹21.33 crores. Block trades of this scale are generally associated with institutional-level participation and are closely monitored by market observers.
04Jul 26
Ambuja Cements shares start trading after Sanghi merger
Ambuja Cements Limited has commenced trading of equity shares allotted to shareholders of Sanghi Industries Limited following the effective date of the Scheme of Arrangement on March 12, 2026. Trading began on June 30, 2026, after approvals from NSE and BSE, with an exchange ratio of 12 shares of ₹2 each for every 100 shares of ₹10 each held in Sanghi Industries. Fractional entitlements were consolidated and allotted to Catalyst Trusteeship Limited for sale and proceeds distribution.
01Jul 26
HSBC Downgrades Ambuja Cements to Hold with Target Price of ₹490, Sees Margin Recovery Only from FY28
HSBC has downgraded Ambuja Cements to a Hold rating with a target price of ₹490, citing that despite improving sector fundamentals expected in 2HFY27, a sustained recovery in cement prices and margins is likely only from FY28. The brokerage's cautious stance reflects limited near-term upside potential for the stock. The downgrade signals a wait-and-watch approach as the cement sector navigates a gradual recovery phase.
01Jul 26
Ambuja Cements accepts resignation of Chief Digital Officer
Ambuja Cements Limited has accepted the resignation of Ms. Madhavi Isanaka from the position of Chief Digital Officer effective June 30, 2026, due to medical reasons and personal commitments. The disclosure was made to the National Stock Exchange of India Limited, BSE Limited, and Luxembourg Stock Exchange under Regulation 30 of the SEBI Listing Regulations.
30Jun 26
Ambuja Cements passes all resolutions at 43rd AGM
Ambuja Cements Limited passed all five resolutions with the requisite majority at its 43rd Annual General Meeting (AGM) held on June 26, 2026, via video conferencing. The meeting, which commenced at 02:30 p.m. and concluded at 04:00 p.m., saw the adoption of audited financial statements for FY26, the declaration of dividend for FY26, and the re-appointment of Mr. Karan Adani as Director. The detailed voting results were submitted pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
22Jun 26
Ambuja Cements Teams Up With Leilac to Scale Low-Carbon Cement Production
Ambuja Cements has announced a strategic partnership with Leilac to develop and scale low-carbon cement production. The collaboration aims to integrate Leilac's specialized low-carbon technology into large-scale cement manufacturing. The move highlights Ambuja Cements' focus on sustainable and environmentally responsible production practices. Specific financial terms and project timelines were not disclosed in the available information.
12Jun 26
Ambuja Cements to host non-deal roadshow in Mumbai
Ambuja Cements Limited will conduct a non-deal roadshow for investors and analysts in Mumbai on June 16 and 17, 2026. The meetings will be held in physical mode from 11.00 am to 6.00 pm local time. Discussions will rely exclusively on publicly available information.
08Jun 26
Jefferies Maintains Buy Rating on Ambuja Cements with Target Price of ₹595
Jefferies has maintained a Buy rating on Ambuja Cements with a target price of ₹595, underpinned by management's confidence in achieving ₹500 per tonne in cost savings over the next two years. The brokerage acknowledges recent underperformance and a slower-than-expected M&A turnaround as near-term headwinds. Visible cost improvement has been identified as the primary catalyst needed to restore investor confidence. The maintained Buy rating reflects Jefferies' view that the recovery pathway remains intact.
05Jun 26
Ambuja Cements gets exchange nod for Orient Cement amalgamation
Ambuja Cements Limited received 'no adverse objection' from BSE and 'no objection' from NSE for the proposed amalgamation with Orient Cement Limited. The observations, based on SEBI comments, require specific disclosures regarding financials, liabilities, and enforcement actions. The companies must file the draft scheme with the NCLT within six months.
03Jun 26
Ambuja Cements Records ₹143.97 Crore Block Trade on NSE at ₹429.90 Per Share
Ambuja Cements recorded a significant block trade on the NSE involving approximately 3,349,000 shares at ₹429.90 per share, with a total deal value of ₹143.97 crores. The transaction highlights notable institutional activity in the stock.
02Jun 26
Ambuja Cements fixes June 12 record date for ₹2 dividend
Ambuja Cements Limited has fixed June 12, 2026, as the record date for a final dividend of ₹2 per share for FY26, pending AGM approval. The 43rd AGM is scheduled for June 26, 2026, via video conferencing, with remote e-voting available from June 23 to June 25, 2026.
31May 26
Ambuja Cements files BRSR for FY26, reports 12.1x water positivity
Ambuja Cements Limited filed its Business Responsibility and Sustainability Report for FY26, reporting 12.1x water positivity and a 31% green power share. The company utilized 9.78 million tonnes of waste-derived resources and achieved plastic negativity of 7.23 times. SGS India Private Limited provided assurance for the report.
30May 26
Adani Enterprises confirms no encumbrance on Ambuja Cements shares in FY26
Adani Enterprises Limited declared no encumbrance on Ambuja Cements Limited shares for FY26 under SEBI regulations. The promoter group held 1,67,20,81,052 shares as on March 31, 2026, with Holderind Investments Limited being the largest holder.
14May 26
Ambuja Cements Schedules Investor Meetings at Citi's 2026 Pan-Asia Conference in Singapore
Ambuja Cements has intimated stock exchanges of its participation in Citi's 2026 Pan-Asia Conference in Singapore on May 18-19, 2026, where it will hold 1x1 and group meetings in physical mode. Filed under Regulation 30 of SEBI (LODR) Regulations, 2015, the company confirmed that no unpublished price-sensitive information will be disclosed during the interactions.
07May 26
Ambuja Cements Schedules Investor and Analyst Interaction Meetings Across Three Cities on May 11-13, 2026
Ambuja Cements has scheduled a non-deal roadshow with investor and analyst meetings across Pune, Mumbai, and Kolkata from May 11 to May 13, 2026. The interactions, conducted in physical mode with 1x1 and group meeting formats, will run from 10.00 am to 06.00 pm local time each day. The filing, made under Regulation 30 of SEBI (LODR) Regulations, 2015, confirms that only publicly available information will be discussed, with no unpublished price sensitive information to be shared.
07May 26
Ambuja Cements schedules investor interaction at Adani Annual Conference June 3-4
Ambuja Cements Limited has notified stock exchanges of its participation in the Adani Annual Conference – India Chapter, scheduled for June 03-04, 2026, in Mumbai, through in-person group meetings. The intimation, filed on May 6, 2026 by Company Secretary Manish Mistry, confirms that all discussions will be based solely on publicly available information, in compliance with Regulation 30 of SEBI LODR.
06May 26
Ambuja Cements FY26: Record 73.7 MnT Volume, Rs 887 PMT EBITDA, Rs 2 Dividend
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05May 26
Ambuja Cements Sets Capacity Doubling Target by FY30, Projects 8% Volume Growth in FY27
Ambuja Cements has set a target to double its capacity to 119 million tons by FY30, driven by organic growth and optimised use of existing assets. For FY27, the company projects volumes of approximately 80 million tons, reflecting around 8% growth, well above the industry estimate of 5% to 5.5%. Utilisation targets for FY27 range from 55-60% for Penna to 75-80% for existing Ambuja/ACC assets, with a blended target of 70-75%. The company also aims to maintain its 36% share of premium cement in trade sales.
05May 26
Jefferies Neutral, HSBC Bullish: Analyst Divergence on Ambuja Cements Amid Cost and Growth Concerns
Jefferies has maintained a Neutral rating on Ambuja Cements with a cut target price of ₹465, citing a revised growth plan of 119mt versus an earlier 155mt, flattish Q4 costs of approximately ₹4,500/t, and an uncertain cost trajectory despite an expected ₹150–200/t decline from FY26 levels. HSBC retains a Buy rating with a revised target of ₹560, acknowledging a Q4 miss due to flat realizations and higher freight costs but highlighting the company's focus on higher utilisation and a ₹500/t cost reduction for medium-term margin recovery. The divergent analyst views reflect both near-term headwinds and longer-term strategic considerations for the company.
05May 26
Ambuja Cements Confirms No Deviation in Preferential Issue Fund Utilisation for Quarter Ended March 31, 2026
Ambuja Cements filed its Regulation 32 statement confirming no deviation in the utilisation of Rs 15000.046 Crores raised via preferential issue for the quarter ended March 31, 2026. As of that date, Rs 14895.1 Crore has been utilised, with the Audit Committee and auditors raising no concerns at their May 4, 2026 meeting.
29Apr 26
Ambuja Cements Limited Initiates Second 100 Days Campaign for KYC Updation and Shareholder Engagement
Ambuja Cements Limited has launched its Second 100 Days Campaign titled "Saksham Niveshak" focused on Know Your Customer (KYC) updation and shareholder engagement. The initiative aims to prevent the transfer of unpaid and unclaimed dividends to the Investor Education and Protection Fund (IEPF) in accordance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published a newspaper advertisement in the Financial Express across Ahmedabad and Mumbai editions on Tuesday, April 28, 2026, to notify shareholders about this campaign. The intimation has been uploaded to the company's official website at www.ambujacement.com.
15Apr 26
Jefferies Cuts Ambuja Cements Target Price to ₹615 Amid Energy Cost Inflation Concerns
Jefferies maintains Buy rating on Ambuja Cements but cuts target price from ₹735 to ₹615 due to West Asia energy cost inflation of ~₹300/t. The brokerage expects 4-9% EBITDA cuts for FY27-28 with limited pricing pass-through, while Ambuja faces the sharpest estimate reductions due to slower cost turnaround compared to peers.
14Apr 26
Ambuja Cements Submits Q4FY26 SEBI Compliance Certificate for Dematerialisation Process
Ambuja Cements Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 14, 2026, with NSE, BSE, and Luxembourg Stock Exchange. The certificate from registrar MUFG Intime India Private Limited confirms proper processing of dematerialisation activities during the quarter ended March 31, 2026, with all regulatory timelines and requirements met for securities handling and depository participant processes.
14Apr 26
Ambuja Cements Board Meeting Scheduled for May 4, 2026 to Consider Q4FY26 Results
Ambuja Cements Limited has formally notified stock exchanges about a Board of Directors meeting on May 4, 2026, to approve audited financial results for Q4FY26 and the full year ended March 31, 2026, along with dividend recommendations. The company has implemented trading window restrictions from April 1, 2026, and scheduled an investor conference call organized by JM Financial Institutional Securities Limited on the results day.
11Apr 26
Ambuja Cements Announces Penna Cement Merger Effective April 10, 2026
Ambuja Cements has successfully completed its scheme of arrangement with Penna Cement Industries Limited, becoming effective on April 10, 2026, after receiving NCLT Ahmedabad approval and completing regulatory filings. The merger results in Penna Cement being amalgamated and dissolved, with cash consideration payable to eligible shareholders as per the scheme provisions.
11Apr 26
Ambuja Cements Completes Share Allotment for Sanghi Industries Amalgamation
Ambuja Cements has completed the allotment of 1,29,93,708 equity shares to eligible Sanghi Industries shareholders as part of their approved amalgamation scheme. The Finance Committee approved this allotment on April 10, 2026, with shares having a face value of ₹2.00 each and ranking pari passu with existing equity shares.
09Apr 26
BofA Maintains Buy Rating on Ambuja Cements Despite Target Price Cut to ₹590
Bank of America maintains its Buy rating on Ambuja Cements but reduces target price to ₹590 from ₹620 due to cost headwinds of ₹200-250/MT from West Asia conflict. The brokerage focuses on price hikes as near-term catalyst while looking beyond Q4 margin pressures.
03Apr 26
Ambuja Cements Shareholders Approve Material Related Party Transactions via Postal Ballot
Ambuja Cements Limited successfully completed its postal ballot process with shareholders approving two ordinary resolutions by 99.99% majority. The resolutions concerned material related party transactions with ACC Limited and Orient Cement Limited for FY 2026-27. The e-voting process conducted from March 3-April 1, 2026, saw participation from 1,819 shareholders representing 573,113,447 shares or 23.19% of total paid-up equity capital.
03Apr 26
Ambuja Cements Provides Official Clarification on NCLT-Approved Penna Merger
Ambuja Cements has provided official clarification regarding NCLT Ahmedabad's approval of its merger with Penna Cement Industries, confirming the order was pronounced on March 30, 2026. The company detailed its comprehensive disclosure timeline spanning from December 2024 board approval through various regulatory milestones, emphasizing full compliance with SEBI listing regulations throughout the merger process.
02Apr 26
DAM Capital Upgrades Ambuja Cements to Buy Rating with Rs 500 Target Price
DAM Capital has upgraded Ambuja Cements from Neutral to Buy rating with a target price of Rs 500, reflecting positive sentiment following cement sector upgrades. The upgrade is driven by regional price hikes of Rs 30-50 per bag from April 2026, which are expected to offset cost inflation and support margin recovery across the cement industry.
27Mar 26
Ambuja Cements Records Major Block Trading Activity Worth Rs. 86.72 Crores on NSE
Ambuja Cements recorded major block trading activity on NSE with two transactions worth Rs. 86.72 crores. The trades involved 1,053,587 shares at Rs. 410.70 and 1,057,675 shares at Rs. 410.85, totaling approximately 2.11 million shares. The minimal price variation between transactions suggests coordinated institutional activity in the cement major's stock.
27Mar 26
HSBC Maintains Buy Rating on Ambuja Cements with Target Price of Rs 590
HSBC has maintained its Buy rating on Ambuja Cements with a target price of Rs 590. The brokerage expects capacity additions to peak in FY27, with supply-demand dynamics improving from FY28. Expected April-May price hikes are anticipated to help pass through higher energy costs.
25Mar 26
Ambuja Cements Receives 'Care EDGE – ESG 1+' Rating from CARE ESG Ratings Limited
Ambuja Cements Limited received a 'Care EDGE – ESG 1+' rating from CARE ESG Ratings Limited on March 24, 2026, indicating leadership in ESG risk management. The rating recognizes best-in-class disclosures, policies and performance. The disclosure was made under SEBI Listing Regulations to NSE, BSE, and Luxembourg Stock Exchange, with the information also being made available on the company's website.
03Mar 26
ACC Limited Issues Postal Ballot Notice for Material RPTs Worth ₹31,600 Crore
ACC Limited has issued a postal ballot notice dated January 28, 2026, seeking shareholder approval for material related party transactions totaling ₹31,600 crore for FY 2026-27. The transactions include ₹27,500 crore with holding company Ambuja Cements Limited and ₹4,100 crore with fellow subsidiary Orient Cement Limited, covering cement, clinker, raw materials trading and financial assistance through inter-corporate deposits.
27Feb 26
Ambuja Cements Schedules Capital Market Plant Visit for March 06, 2026
Ambuja Cements Limited has scheduled a capital market plant visit for investors and analysts on March 06, 2026, at its Sanghipuram Plant. The event will be conducted as group meetings in physical mode, with discussions based solely on publicly available information. This intimation was issued on February 27, 2026, in compliance with SEBI Regulation 30, ensuring transparency while maintaining regulatory compliance regarding price sensitive information disclosure.
06Feb 26
Ambuja Cements Issues Notice for Compulsory Transfer of Unclaimed Shares to IEPF Account
Ambuja Cements Limited has published mandatory notices in Financial Express newspapers regarding the transfer of unclaimed equity shares to IEPF Account. The company has set April 25, 2026 as the deadline for shareholders to respond, with final transfer scheduled for June 02, 2026. Individual notices have been sent to affected shareholders, and complete details are available on the company website.
05Feb 26
Ambuja Cements Issues Notice for Compulsory Share Transfer to IEPF Due to Unclaimed Dividends
Ambuja Cements Limited has issued a regulatory notice under SEBI Listing Regulations regarding compulsory transfer of equity shares to IEPF for shareholders with unclaimed dividends from 2018-2025. Shareholders have until April 25, 2026, to claim unpaid dividends to prevent share transfer. The company has provided detailed claiming procedures and emphasized that post-transfer, recovery must be sought directly from IEPF Authority through prescribed forms and documentation.
04Feb 26
Ambuja Cements Announces Non-Deal Roadshow in UAE for February 12-13, 2026
Ambuja Cements Limited has announced a non-deal roadshow in the UAE for February 12-13, 2026, involving in-person investor and analyst interactions from 09:00 am to 06:00 pm local time. The company has filed the requisite intimation under SEBI Regulation 30, confirming that discussions will be based solely on publicly available information with no unpublished price sensitive information being disclosed.
03Feb 26
Ambuja Cements Receives MD Ajay Kapur's Formal Resignation Letter Post Q3FY26 Results
Ambuja Cements formally received Managing Director Ajay Kapur's resignation letter following his superannuation on January 31, 2026, with the company submitting documentation to stock exchanges. The development comes alongside Q3FY26 results showing revenue growth to ₹5,908.67 crore but significant profit decline to ₹203.99 crore, with revised Key Managerial Personnel details now submitted to regulatory authorities.
23Jan 26
Ambuja Cements shares drop 5.6% amid volume surge
Ambuja Cements shares declined 5.6% to ₹516 in Friday's trading session driven by high volume and bearish sentiment. The company reported September 2025 quarter revenue of ₹9,174.49 crore and net profit of ₹2,297.89 crore. Annual performance shows revenue growth from ₹28,965.46 crore in 2021 to ₹35,044.76 crore in 2025, with the company maintaining debt-free status throughout this period.
16Jan 26
Ambuja Cements Completes 2.4 Million Ton Cement Grinding Unit Expansion in Rajasthan
Ambuja Cements has completed the expansion of its cement grinding unit in Rajasthan, adding 2.4 million tons of annual production capacity. This strategic expansion strengthens the company's manufacturing presence in northern India and enhances its ability to serve growing market demand. The project completion represents a significant milestone in Ambuja Cements' capacity enhancement initiatives.
13Jan 26
Ambuja Cements Schedules Q3FY26 Results Conference Call for January 30, 2026
Ambuja Cements Limited has announced a post-results conference call for January 30, 2026 at 5:00 PM IST to discuss Q3FY26 earnings. The call will be hosted by Antique Stock Broking Limited and feature senior management including CEO Vinod Bahety, CFO Rohit Soni, and Head of Investor Relations Deepak Balwani. The company will consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025 in a Board Meeting on the same day.
08Jan 26
Ambuja Cements Leads Nirmal Bang's Top Cement Stock Picks for Q3 FY26
Nirmal Bang maintains a positive outlook on the cement sector for Q3 FY26, citing strong demand trends supporting volume growth and higher utilization rates. The brokerage recommends Ambuja Cements as its top large-cap pick, followed by Ramco Cements and Nuvoco Vistas. While elevated capacity additions are limiting near-term pricing power, medium-term consolidation among leading players is expected to improve industry discipline and margin stability.
07Jan 26
Ambuja Cements Records ₹141.45 Crore Block Trade on NSE at ₹563.65 Per Share
Ambuja Cements Limited executed a major block trade on NSE worth ₹141.45 crores involving 2,509,516 shares at ₹563.65 per share. The transaction represents significant institutional activity and provides insight into current market valuation of the cement company's equity.
30Dec 25
Ambuja Cements Shareholders Approve Penna Cement Merger with Overwhelming Majority
Ambuja Cements Limited successfully obtained shareholder approval for its scheme of arrangement with Penna Cement Industries Limited at an NCLT-convened meeting on December 30, 2025. The merger received overwhelming support with 223.84 crore shares voting in favor out of 247.18 crore total shares, representing 90.56% participation and near-unanimous approval across all shareholder categories.
24Dec 25
Ambuja Cements Clarifies Significant Trading Volume Movement to BSE
Ambuja Cements Limited has responded to BSE Limited's inquiry about the significant increase in trading volume of its equity shares. The company stated that the volume surge is market-driven and attributed to prevailing market conditions. Ambuja Cements emphasized that management has no control or specific knowledge about factors causing the increased trading activity. The company reaffirmed its commitment to transparency and regulatory compliance, stating it will continue to make disclosures as per SEBI regulations.
24Dec 25
CITI Research Issues Buy Rating for Ambuja Cements with ₹625 Target Price
CITI Research has given Ambuja Cements a Buy rating, setting a target price of ₹625.00 per share. This recommendation reflects the brokerage's positive outlook on the cement manufacturer's business fundamentals and growth prospects.
24Dec 25
Macquarie Maintains Outperform Rating on Ambuja Cements with ₹608 Target Price
Global brokerage firm Macquarie has reiterated its outperform rating on Ambuja Cements with a target price of ₹608.00 per share. This rating suggests Macquarie expects Ambuja Cements to outperform the broader market or sector average, indicating confidence in the company's business fundamentals and growth prospects.
23Dec 25
CLSA Sets ₹680 Price Target for Ambuja Cements, Maintains Outperform Rating
Brokerage firm CLSA has reiterated an Outperform rating for Ambuja Cements, with a price target of ₹680. This rating suggests CLSA's confidence in Ambuja Cements' potential to outperform the broader market. The assessment is based on the company's prospects in the cement sector, which is closely linked to India's infrastructure development and construction activity.
23Dec 25
Morgan Stanley Maintains Overweight Rating on Ambuja Cements with ₹650 Price Target
Morgan Stanley has reaffirmed its 'Overweight' rating on Ambuja Cements, maintaining a price target of ₹650.00 per share. This rating suggests that analysts expect the stock to outperform relative to other stocks in the sector or broader market indices. The maintained positive stance indicates continued confidence in Ambuja Cements' business model and market position.
23Dec 25
Antique Stock Broking Maintains Buy Rating on Ambuja Cements with ₹690.00 Target Price
Antique Stock Broking has maintained its Buy rating on Ambuja Cements with an unchanged target price of ₹690.00. The reaffirmed recommendation reflects continued confidence in the cement manufacturer's investment potential and suggests the brokerage believes the stock offers attractive prospects for investors at current market levels.
23Dec 25
ACC Shareholders Approve Merger With Ambuja Cements At 328:100 Exchange Ratio
ACC Limited shareholders have approved the company's merger with Ambuja Cements Limited at a 328:100 share exchange ratio, forming part of a dual consolidation strategy that includes Orient Cement Limited. The unified platform targets capacity expansion from 107 MTPA to 155 MTPA by FY28, with cost optimization benefits of at least ₹100 per MT and simplified corporate structure eliminating operational duplication.
10Dec 25
Ambuja Cements Receives ESG Rating of 65 for Financial Year 2025
Ambuja Cements Limited has been assigned an ESG rating of 65 in the 'Aspiring' category by NSE Sustainability Ratings and Analytics Limited for Financial Year 2025. The rating reflects the company's commitment to enhancing its Environmental, Social, and Governance performance standards. This disclosure was made in compliance with SEBI Listing Regulations and has been made available on the company's website for stakeholder transparency.
02Dec 25
Ambuja Cements Shareholders Approve Material Related Party Transactions and Merger with Sanghi Industries
Ambuja Cements has received shareholder approval for material related party transactions with Penna Cement Industries and its merger with Sanghi Industries. The company's shareholders approved two resolutions for transactions with Penna Cement, with over 97% votes in favor. The merger with Sanghi Industries was approved with 90.49% of votes cast in favor. Additionally, the National Company Law Tribunal (NCLT) has approved the amalgamation scheme between Penna Cement Industries and Ambuja Cements, with a shareholder meeting scheduled for December 30 to consider the arrangement.
21Nov 25
Ambuja Cements Announces CFO Transition: Rohit Soni to Replace Rakesh Tiwary
Ambuja Cements has announced a change in its top management. Current CFO Rakesh Tiwary will step down on November 21, 2025, to be replaced by Rohit Soni on November 22, 2025. Soni, previously CFO at Adani New Industries Limited, brings extensive experience in financial strategy and renewable energy. The company has also updated its list of Key Managerial Personnel authorized to determine materiality of events and make disclosures to stock exchanges.
14Nov 25
Adani Cement Pioneers Sustainability in Indian Cement Industry by Joining TNFD
Ambuja Cements, under Adani Cement, becomes the first Indian cement company to join the Task Force on Nature-related Financial Disclosures (TNFD). As the 9th largest global building materials solutions provider, Adani Cement will start TNFD-aligned disclosures from FY26. The company's sustainability initiatives include planting over 7 million trees, achieving 12x water positivity, and targeting 60% green power share by FY28. This move sets a new benchmark for eco-friendly practices in India's cement sector.
12Nov 25
Adani Cement Pioneers Decarbonization with World's First Commercial RotoDynamic Heater
Ambuja Cements, an Adani Group subsidiary, partners with Coolbrook to install the world's first commercial RotoDynamic Heater (RDH) at its Boyareddypalli plant in Andhra Pradesh. The technology aims to reduce CO2 emissions by ~60,000 tonnes annually, potentially increasing tenfold. Powered by 100% renewable energy, the project targets completion by November 2025. Ambuja plans at least 5 additional projects within 2 years, aligning with its goals of net-zero emissions by 2050, 30% alternative fuel ratio, and 60% green power share by FY28. This initiative could transform global cement production, which accounts for 8% of global CO2 emissions.
08Nov 25
Ambuja Cements Achieves Record Q2 Sales, EBITDA Surges 58% to INR 1,761 Crores
Ambuja Cements achieved record-breaking Q2 results with 20% year-on-year sales volume growth to 16.6 million tons. Revenue increased by 21% to INR 9,174.00 crores, EBITDA rose 58% to INR 1,761.00 crores, and profit after tax surged 364% to INR 2,302.00 crores, including a one-time tax write-back. The company reduced costs by INR 238.00 per metric ton, expanded capacity to 107 million tons, and plans to reach 155 million tons. Premium product share reached 35% of trade sales with 28% volume growth. CEO Vinod Bahety targets double-digit volume growth and aims to achieve an EBITDA of INR 1,500.00 per ton.
05Nov 25
Ambuja Cements Faces Rs 1.34 Crore Tax Demand, Plans Appeal
Ambuja Cements Limited has received a tax demand order from the CGST Howrah Commissionerate, disallowing Cenvat Credit of Rs 44,86,249 and imposing equal amounts in interest and penalties, totaling Rs 1,34,58,747. The company plans to appeal the order and does not anticipate any material impact on its operations or finances. This disclosure was made in compliance with SEBI regulations.
03Nov 25
Ambuja Cements Reports 22% Revenue Growth and Raises FY28 Capacity Target
Ambuja Cements Limited reported a 22% increase in consolidated revenue to ₹9,175.00 crore for the September quarter. Net profit surged to ₹1,766.00 crore, aided by a tax write-back. The company raised its FY28 capacity target to 155 MTPA and aims to reduce costs to ₹3,650.00 per tonne by FY28. CEO Vinod Bahety expects double-digit revenue growth and four-digit PMT EBITDA for the remainder of FY26.
03Nov 25
Ambuja Cements Reports No Deviations in Rs 15,000 Crore Preferential Issue Utilization
Ambuja Cements Limited confirmed no deviations in the use of proceeds from its Rs 15,000.05 crore preferential issue for the quarter ended September 30, 2025. The funds, raised in two tranches in 2024, were allocated for various purposes including capital expenditures, infrastructure improvements, and acquisitions. As of June 30, 2025, Rs 14,795.10 crores had been utilized, with no additional usage in the following quarter. The Audit Committee reviewed the statement, ensuring transparency and compliance.
03Nov 25
Ambuja Cements Raises FY28 Capacity Target to 155 MTPA, Reports Record Q2 Volume and Targets Double-Digit Growth
Ambuja Cements achieved record Q2 cement sales of 16.6 million tonnes, up 20% YoY. The company increased its FY28 capacity target to 155 MTPA from 140 MTPA. Q2 revenue rose 21% to ₹9,174 crore, with EBITDA per tonne up 32% to ₹1,060. Profit After Tax surged 364% to ₹2,302 crore. The company aims for double-digit revenue growth and four-digit PMT EBITDA, targeting total cost reduction to ₹4,000 PMT by fiscal year-end.
30Oct 25
Ambuja Cements Seeks Shareholder Approval for ₹4,300 Crore Related Party Transactions
Ambuja Cements Limited is seeking shareholder approval for related party transactions (RPTs) with its subsidiary Penna Cement Industries Limited (PCIL) and between PCIL and ACC Limited for FY 2025-26. The transactions, valued at ₹1,500 crore and ₹2,800 crore respectively, involve cement, clinker, raw materials, spare parts, power, and various services. These RPTs aim to leverage synergies following Ambuja's acquisition of PCIL, improving network, supply chain efficiency, and market competitiveness. PCIL's operational efficiency has significantly improved post-acquisition. Shareholder e-voting is scheduled from October 31 to November 29, 2025.
23Oct 25
Ambuja Cements Sees Rs. 74.38 Crore Block Trade on NSE
Ambuja Cements Ltd. experienced a substantial block trade on the National Stock Exchange (NSE). The transaction involved 1,308,068 shares at Rs. 568.60 per share, totaling Rs. 74.38 crores. This large-scale trade indicates continued institutional interest in the company and highlights the stock's liquidity. While the identities of the traders remain undisclosed, such transactions often signal changing perceptions about a company's prospects or broader sector trends.
16Oct 25
Ambuja Cements Schedules Equity Shareholders Meeting to Consider Sanghi Industries Arrangement
Ambuja Cements Limited has announced a meeting of equity shareholders on November 20, 2025, to consider and approve a scheme of arrangement with Sanghi Industries Limited. The meeting will be held via video conferencing at 1:00 PM IST. Remote e-voting will be available from November 15 to 19, 2025. Shareholders as of November 14, 2025, are eligible to vote. The scheme requires approval from a majority representing three-fourths in value of equity shareholders and public shareholders. Results will be announced by November 22, 2025. Additionally, Ambuja Cements has scheduled an investors call and board meeting on November 3, 2025, to discuss Q3 2025 financial results.
26Sept 25
Ambuja Cements to Hold Shareholder Meeting on Sanghi Industries Merger Amid Tax Credit Dispute
Ambuja Cements to hold shareholder meeting on November 20, 2025, for proposed merger with Sanghi Industries. Simultaneously, the company received an order disallowing Rs 21.96 crore in Cenvat credit and imposing an equal penalty. Ambuja plans to appeal the tax order.
26Sept 25
Ambuja Cements Faces CENVAT Credit Block and Penalty, Plans Legal Appeal
Ambuja Cements received an order from the Commissioner of Central Excise & CGST, Bhavnagar, disallowing CENVAT credit of ₹21.96 crore and imposing an equal penalty. The total financial implication is ₹43.92 crore, plus interest. The disallowance relates to Input Tax Credit on various services at the Muldwaraka facility. Ambuja Cements plans to appeal the order and does not foresee any material impact on its operations or finances.
24Sept 25
Adani Group Chairman Addresses Shareholders, Highlights Growth and Capacity Expansion
Gautam Adani addressed Ambuja Cements shareholders, highlighting SEBI's dismissal of allegations against the group. The company reported significant financial growth with portfolio EBITDA increasing by 57% from FY23 to FY25. Key infrastructure achievements include commissioning India's first container transshipment port and expanding renewable capacity. Ambuja Cements' subsidiary Penna Cement Industries commissioned a 2 MTPA brownfield expansion, increasing consolidated cement capacity to 106.45 MTPA. Adani reaffirmed the group's commitment to governance, innovation, and nation-building.
18Sept 25
Ambuja Cements and JSW Cement Directed to Mediation in 'Kawach' Trademark Dispute
The Delhi High Court has instructed Ambuja Cements and JSW Cement to consider mediation in a trademark dispute over the 'Kawach' brand name. Ambuja Cements alleges that JSW copied their 'Ambuja Kawach' trademark for JSW's 'Jal Kawach' cement product. The dispute centers on similarities in branding and marketing descriptors for water-resistant cement. If mediation fails, the next court hearing is scheduled for October 15. Ambuja Cements' shares closed 1.60% higher at ₹582.40 following the news.
11Sept 25
Ambuja Cements Sees Massive Block Trade Worth Rs. 969.46 Crores on NSE
A significant block trade of Ambuja Cements shares occurred on the National Stock Exchange (NSE). Approximately 17,557,911 shares were traded at Rs. 552.15 per share, totaling Rs. 969.46 crores. This large-scale transaction suggests potential shifts in ownership or strategic moves by institutional investors in the cement sector.
06Sept 25
Ambuja Cements Acquires Sanghi Industries for Rs 5,185 Crore, Boosts Capacity to 74.6 MTPA
Ambuja Cements has completed the acquisition of Sanghi Industries for Rs 5,185 crores, funded through internal accruals. The deal gives Ambuja a 54.51% controlling stake in Sanghi, increasing its consolidated capacity from 68.50 MTPA to 74.60 MTPA. Sanghi's assets include India's largest single-location cement and clinker unit with 6.60 MTPA clinker capacity, 6.10 MTPA cement capacity, 1 billion tonnes of limestone reserves, a captive jetty, and a 13 MW power plant. Ambuja plans to increase its West Coast capacity to 15.00 MTPA over the next 30 months, enhance the Sanghipuram port, and invest in additional capacity, including potential green power generation.
04Sept 25
Ambuja Cements Sees Block Trade Worth Rs. 98.61 Crores on NSE
A significant block trade of Ambuja Cements Ltd. shares occurred on the National Stock Exchange. The transaction involved 1,720,980 shares at Rs. 573.00 per share, totaling Rs. 98.61 crores. This large-scale trade indicates continued interest in the cement sector and may provide insights into institutional investor sentiment.
27Aug 25
Adani Group Plans 5% Stake Sale in Ambuja Cements for ₹15,000 Crore
The Adani Group is reportedly planning to sell a 5% stake in Ambuja Cements Ltd, valued at approximately ₹15,000 crore. This move aims to reduce the debt burden in the group's cement business, which it acquired in 2022. The stake sale could have significant implications for the Indian cement industry and Adani's management of its cement assets. However, official confirmation from the Adani Group or Ambuja Cements is still pending.
06Aug 25
Ambuja Cements Reports Record Q1 Revenue, Raises FY26 Demand Outlook
Ambuja Cements achieved its highest quarterly revenue of ₹10,289.00 crores, a 23% year-on-year increase, driven by record sales volume of 18.40 million tonnes. The company's market share expanded to 15.50%. EBITDA reached ₹1,961.00 crores, with EBITDA per tonne at ₹1,069.00, up 28% year-on-year. Premium products now constitute 33% of trade sales. The company integrated Orient Cement and commissioned 5 million tonnes of grinding capacity, bringing total cement capacity to 104.50 million tonnes. Ambuja Cements revised its cement demand growth estimates for the current fiscal year to 7-8%, up from 6-7%.
01Aug 25
Ambuja Cements Completes Merger with Adani Cementation, Strengthening Market Position
Ambuja Cements Limited has successfully merged with Adani Cementation Limited, effective August 1, 2025. The amalgamation, sanctioned by NCLT Ahmedabad on July 18, 2025, is retroactively applied from April 1, 2024. Ambuja Cements has informed relevant stock exchanges of the merger completion. The company also approved its Unaudited Financial Results for Q2 2025 and published extracts in the Financial Express newspaper.
01Aug 25
Ambuja Cements Reports Strong Q1 Performance with 20% Volume Growth and 53% EBITDA Surge
Ambuja Cements achieved its highest quarterly sales volume of 18.4 million tonnes, a 20% year-on-year increase. Revenue crossed Rs 10,000 crore, reaching Rs 10,289.00 crore, up 23%. EBITDA grew 53% to Rs 1,961.00 crore, with margins improving to 19.1%. Profit after tax increased 24% to Rs 970.00 crore. The company's cement capacity stands at 104.5 MTPA, with plans to reach 118 MTPA by March 2026. Ambuja Cements remains debt-free with a net worth of Rs 66,436.00 crore.
31Jul 25
Ambuja Cements Reports Robust Q1 FY26 Performance with 20% Sales Growth
Ambuja Cements Limited announced robust Q1 FY26 results, with revenue crossing ₹10,000 crore, up 23% year-on-year. Cement sales volume reached 18.4 million tonnes, a 20% increase. EBITDA grew 53% to ₹1,961.00 crore, while PAT rose 24% to ₹970.00 crore. The company expanded its market share to 15.5% and increased its renewable energy capacity. Ambuja plans to reach 118 MTPA cement capacity by March 2026 and aims for 140 MTPA by FY28. The company completed the acquisition of Orient Cement Limited and received NCLT approval for amalgamation with Adani Cementation Limited.
31Jul 25
Ambuja Cements Reports Q1 Results, Appoints New Internal Auditor
Ambuja Cements announced its Q2 FY2023-24 results, showing growth in standalone operations but a decline in consolidated profit. Standalone revenue increased to ₹5,714.00 crore with profit after tax rising to ₹928.88 crore. Consolidated revenue reached ₹10,244.11 crore, but profit after tax declined to ₹969.66 crore. The company acquired a 72.66% stake in Orient Cement Limited for ₹5,903.03 crore. The Board approved the appointment of Mr. Shobhit Dwivedi as the new internal auditor, effective October 1, replacing Mr. Mithlesh Satija who retires on September 30.
29Jul 25
Ambuja Cements Sees Block Trade Worth Rs. 51.90 Crores on NSE
A significant block trade of Ambuja Cements shares occurred on the National Stock Exchange (NSE). Approximately 851,163 shares were traded at Rs. 609.80 per share, totaling Rs. 51.90 crores. This large transaction indicates potential institutional activity or major stakeholder movements, though the specific reasons remain undisclosed.
20Jul 25
NCLT Greenlights Adani Cementation-Ambuja Cements Merger, Bolstering Adani's Cement Footprint
The NCLT's Ahmedabad bench has approved the merger of Adani Cementation with Ambuja Cements Ltd, effective from April 1, 2024. The merger involves a share swap with Adani Enterprises receiving 8.7 million shares of Ambuja Cements. This consolidation aims to enhance manufacturing efficiency, improve resource utilization, and reduce costs. Adani Cementation brings limestone mine lease rights and plans for a new manufacturing unit. Ambuja Cements targets 118 MTPA capacity by FY 2026 and 140 MTPA by FY 2028. The company also improved its ESG rating to 66.6 (Grade B) for FY 2025.
18Jul 25
NCLT Greenlights Merger of Ambuja Cement and Adani Cementation
The National Company Law Tribunal (NCLT) has approved the amalgamation of Ambuja Cements and Adani Cementation. The NCLT Ahmedabad Bench sanctioned the Scheme of Amalgamation on July 18, 2025, with an Appointed Date of April 1, 2024. Ambuja Cements will update stock exchanges once the merger becomes effective. The company has made the NCLT order available on its website and scheduled an investors/analyst call to discuss Q2 2025 financial results.
17Jul 25
NSE Grants 'No Objection' to Ambuja Cements-Sanghi Industries Merger Scheme
The National Stock Exchange (NSE) has issued a 'No Objection' letter for the proposed merger between Ambuja Cements Limited and Sanghi Industries Limited. The merger scheme involves Sanghi Industries merging with Ambuja Cements under Sections 230 to 232 of the Companies Act, 2013. NSE has set conditions including transparency in disclosures, up-to-date financials, and detailed shareholder information. The merger still requires approvals from the National Company Law Tribunal, creditors, and shareholders. This corporate action could significantly impact the Indian cement industry landscape.
09Jul 25
Ambuja Cements Expands Capacity with New Grinding Unit, Reports Mixed Q4 Results
Ambuja Cements commissioned a new 1.5 MTPA grinding unit, increasing total capacity to 104.45 MTPA. Q4 results show 6% revenue growth to ₹9,889.00 crore, 13% volume growth to 18.70 MT, and 9% EBITDA growth to ₹1,867.00 crore. However, net profit declined 55% to ₹956.40 crore. The company's revenue for Q4 stood at ₹10,515.10 crore, up 7.62% quarter-on-quarter and 13.88% year-on-year. Operating profit increased significantly, but net profit decreased compared to the previous quarter.
02Jul 25
Ambuja Cements Unveils Ambitious Merger Plans and Cost-Saving Strategies
Ambuja Cements plans to merge Penna Cement, Sanghi, and Adani Cementation by 2025. The company aims to save ₹550.00 per tonne through power and fuel efficiency, improved raw material sourcing, and technology adoption. Management expects to maintain Q4 momentum and improve profitability.
01Jul 25
Ambuja Cements Unveils Ambitious Expansion Strategy to Boost Capacity and Market Share
Ambuja Cements has unveiled an aggressive growth strategy to expand its production capacity and market presence. The company aims to increase its capacity to 118 MTPA by FY26 and 140 MTPA by FY28. Additionally, Ambuja Cements targets to grow its market share from the current 14.50% to 20.00% by FY30E. This expansion plan reflects the company's confidence in India's construction and infrastructure sectors' growth prospects.
24Jun 25
Ambuja Cements Group Hits 100 Million Tonnes Annual Cement Production, Eyes 140 Million Tonnes by FY28
Ambuja Cements Group has reached an annual cement production of 100 million tonnes. The company plans to expand its production capacity to 140 million tonnes by fiscal year 2028, representing a 40% increase. This expansion aims to strengthen the group's market position and meet the anticipated growth in cement demand driven by India's infrastructure development.
12Jun 25
Ambuja Cements Announces Rs 2 Dividend, Reaches 100 MTPA Capacity Milestone
Ambuja Cements has declared a dividend of Rs 2.00 per share, with today being the last day to qualify for this payout. The company has also reached a significant milestone by crossing 100 million tonnes per annum (MTPA) cement production capacity. This expansion strengthens Ambuja's market position and indicates potential for future growth in India's cement industry.
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