Ambuja Cements CEO Ajay Kapur says that Ambuja Cements aims to exceed 118 MTPA capacity by FY26, benefiting from rising housing and infra-demand
Adani Group-led Ambuja Cements saw its consolidated net profit rise 140% to ₹2,620 crore for the October-December quarter as compared to ₹1,091 crore profit in the year-ago period, thanks to higher volume, along with improved operational parameters in Q3 FY25.
The company's revenue from operations surged 15% to Rs 9,329 crore in the quarter compared to ₹8,129 crore in Q3 FY24. Ambuja Cement's EBITDA PMT (per metric tonne) came in at ₹1,038, while the Q3 margin was at 18.4%.
Its volume growth in Q3 stood at 17% YoY at 16.5 million tonnes, which the company claims is the highest-ever cement sales volume in a quarter. Ambuja Cements added 631 Mn MT Limestone reserves during the Dec’24 quarter, taking total reserves to 8.3 billion MT.
The cement and building materials company of the Adani Group says its efficiency investments and digitisation initiatives have started to yield results.
Ajay Kapur, Whole Time Director & CEO of Ambuja Cements, says the sustainable performance aligns with the company's growth plan. "With focus on innovation, digitisation, customer satisfaction, and ESG, our vision drives our expansion into new geographies. Our strategic acquisitions have significantly increased our capacity and market presence. This will be dove-tailed with our ongoing expansion projects, delivering exceptional value for our stakeholders and propelling us towards achieving over 104 MTPA capacity by Q4 FY’25 and 118 MTPA by FY26."
Ambuja says its WHRS (Waste Heat Recovery System) power share increased by 4.0 pp from 12.6% to 16.6%, and solar power mix increased by 1.9 pp from 2.5% to 4.4%, taking the green power share up by 5.7 pp to 21.5%. The company claims to be on the path to achieve 60% green power by FY28.
Ambuja has deployed 5 BCFCM (Bogie Cement/Fly Ash Carrier & Mechanised) rakes against the order for 26 BCFCM rakes placed earlier for the transportation of dry fly ash. It also plans to place further orders of 32 BCFCM rakes to cater to the rising fly ash demand of existing and upcoming plants.
In its outlook, Ambuja says improved consumption demand in housing and infrastructure segments, and increased government spending are poised to reverse the tepid 1.5-2% cement demand growth during H1 FY’25. "This demand is expected to grow by 4-5% in FY’25, further supported by the pro-infra and housing Budget 2025."
Shares of Ambuja Cements are trading 1.11% down at ₹536.65 on the BSE today (2.13 pm).
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