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Ambuja Cements Ltd (AMBUJACEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500425 NSE: AMBUJACEM Cement & Construction Materials | Large Cap | Ambuja Cement Share Price

₹417.35 -9.00 (-2.11%)

As on 05-Jun'26 16:59

Ambuja Cements Ltd (AMBUJACEM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500425 NSE: AMBUJACEM Cement & Construction Materials | Large Cap | Ambuja Cement Share Price

₹417.35 -9.00 (-2.11%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,05,940 Cr.
Current Price
₹417.4
52-Week Low / High
₹394 / 625
TTM EPS
₹19
TTM Sales
₹40,656 Cr.
Book Value per Share
₹238.8
P/E Ratio
22.41
Lower than its 5-year historical median
Industry PE
36.8
Price to Book (P/B)
1.79
Lower than its 5-year historical median
Price to Sales (P/S)
2.61
Lower than its 5-year historical median
EV/EBITDA
14.25
Lower than its 5-year historical median
Dividend Yield
0.50%
Profitability Efficiency
Return on Equity (ROE)
10.00%
Underperforms industry median
Return on Capital Employed (ROCE)
6.24%
Underperforms industry median
Return on Assets (ROA)
6.61%
Operating Profit Margin
16.4%
Net Profit Margin
13.87%
Gross Profit Margin
16.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
16.01%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
9.52%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
9.28%
Asset Quality
Promoter Holding
67.68%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹58,850 Cr.
Equity
₹497 Cr.
Face Value
₹2
All Time Low / High
₹6.00 / 706.85

Ambuja Cements stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Ambuja Cements Ltd a good quality company?
Ambuja Cements Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ambuja Cements Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ambuja Cements Ltd vs industry peers?
Ambuja Cements Ltd revenue CAGR is 5.27%, compared to the industry median CAGR of 8.81%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Ambuja Cements Ltd?
Promoters hold 67.68% of the Ambuja Cements Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ambuja Cements Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.6% based on the current price.

DeciZen - make an informed investing decision on Ambuja Cement

Decision Maker
Consolidated basis

1. Right Stock

10 Year X-ray Pro
Long Term Prospect

2. Right Price

3. Right Time

#Likely Future 5 Year CAGR.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ambuja Cements Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 14.6%14.7%14.3%17.4%17.6%22%13.7%16.9%12.9%6.2%-
Value Creation
Index
NA0.30.30.60.61.00.20.50.2-0.5-

Growth Parameters

Sales 20,13223,60926,04127,10424,51628,96531,15033,16035,04540,65640,656
Sales YoY Gr.-17.3%10.3%4.1%-9.6%18.2%7.5%6.5%5.7%16%-
Adj EPS 5.77.611.510.611.91410.915.316.920.319
YoY Gr.-34%50.9%-8.5%12.9%17.9%-22.2%39.7%10.8%20.3%-
BVPS (₹) 99.8104.1112.7121.3114.6127.7107.6176217240.1238.8
Adj Net
Profit
1,1321,5162,2902,0952,3652,7872,1683,3514,1625,0264,729
Cash Flow from Ops. 2,8103,4161,7034,7394,8325,3095885,6462,2375,362-
Debt/CF from Ops. 0000000.1000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.1%10.7%9.3%16%
Adj EPS 15.2%11.3%23%20.3%
BVPS10.2%15.9%30.7%10.7%
Share Price 6.2% 4.7% -3.1% -24.9%

Key Financial Parameters

Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
7.57.510.6910.111.69.59.28.88.98
Op. Profit
Mgn %
15.816.315.41720.521.413.219.317.116.416.1
Net Profit
Mgn %
7.28.211.910.312.712.88.113.614.714.611.6
Debt to
Equity
00000000000
Working Cap
Days
69991071051069113020318117564
Cash Conv.
Cycle
4100-8-112714174

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26
Sales20,13223,60926,04127,10424,51628,96538,93733,16035,04540,656
Operating Expenses + 16,95119,75122,03022,50719,51122,76633,81526,76029,07434,117
Manufacturing Costs7,3428,5479,4919,5688,19111,04117,19912,04812,49014,394
Material Costs2,3622,7693,2343,6753,1022,9185,0645,5126,5076,730
Employee Cost 1,3701,5111,5241,5711,5401,5291,8571,3531,4031,603
Other Costs 5,8776,9247,7817,6936,6787,2799,6957,8488,67411,390
Operating Profit 3,1813,8584,0114,5975,0066,2005,1226,4005,9716,539
Operating Profit Margin (%) 15.8%16.3%15.4%17.0%20.4%21.4%13.2%19.3%17.0%16.1%
Other Income + 5203233715814503637381,1662,654834
Exceptional Items -390-1520-176-120-319212-21-301
Interest 205206171170140146195276216224
Depreciation 1,4611,2191,1541,1531,1621,1521,6451,6282,4783,570
Profit Before Tax 1,9972,7682,9193,8753,9925,1643,7295,8965,9223,299
Tax 574823-541,0928851,4537051,161764-2,338
Profit After Tax 1,4231,9452,9732,7833,1073,7113,0244,7355,1585,637
PAT Margin (%) 7.1%8.2%11.4%10.3%12.7%12.8%7.8%14.3%14.7%13.9%
Adjusted EPS (₹)5.67.611.010.611.914.013.016.316.919.1
Dividend Payout Ratio (%)50.30%47.10%13.70%14.20%151.10%45%19.20%12.30%11.80%10.50%

Valuation of Ambuja Cement - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 19,82120,67222,37024,07822,75825,35426,69838,67253,44359,345
Share Capital 397397397397397397397440493494
Reserves 19,42420,27521,97323,68122,36024,95726,30138,23252,95158,850
Debt +16244035444434191445
Long Term Debt16244035444434191445
Short Term Debt0000000000
Minority Interest437046085231573763417145705893911036812499
Trade Payables2,0682,8163,0062,3332,2132,9132,7742,9642,7594,185
Others Liabilities 6,5487,3896,6897,9958,3629,75015,15714,02114,35613,500
Total Liabilities 32,82435,50937,33740,17839,71845,20551,72165,06780,94189,574

Fixed Assets

Net Fixed Assets +21,41020,89820,63620,70120,64422,42723,72532,36742,94358,625
Gross Block22,86923,56724,42725,59826,63629,48832,33642,40655,36674,279
Accumulated Depreciation1,4582,6693,7914,8975,9917,0618,61110,03912,42315,655
CWIP 5826671,0081,5542,4222,1682,5262,6589,8869,121
Investments 1751531331741912212148491,912113
Inventories2,1642,4582,9582,0971,6492,7383,2733,6094,2484,552
Trade Receivables9249321,3051,0695616191,1541,1901,5901,868
Cash Equivalents 4,5646,2326,4399,3558,93611,6932,96110,3636,172959
Others Assets 3,0054,1694,8585,2285,3165,33917,86914,03114,19014,336
Total Assets 32,82435,50937,33740,17839,71845,20551,72165,06780,94189,574

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 2,8103,4161,7034,7394,8325,3097355,6462,2375,362
PBT 2,0082,7682,9193,8753,9925,1643,7295,8965,9223,299
Adjustment 1,1841,0389417421,2541,1241,217471963,628
Changes in Working Capital 214142-1026651757-331-3473194-3401-1848
Tax Paid -596-532-1,130-530-1,170-648-738-916-380282
Cash Flow From Investing Activity + -4,165-762-766-1,193-1,317-2,007-14,481-8,950-7,531-7,935
Capex -885-1,085-1,092-1,607-1,725-2,296-4,066-3,961-8,591-5,956
Net Investments -3,6221179019-287-10,862-1,6253,8944,268
Others 342206235396436283447-3,364-2,833-6,248
Cash Flow From Financing Activity + -958-1,015-719-629-3,956-5162,9315,6895,592-1,629
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 4-322030-4-24-1,171-649
Interest Paid -87-156-92-113-113-132-158-234-176-152
Dividend Paid -711-715-539-429-3,665-202-1,251-496-493-565
Others -164-142-109-87-181-1824,3446,4437,432-263
Net Cash Flow -2,3121,6402182,916-4412,786-10,8152,384298-4,203

Financial Ratio

PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)9.469.6113.8111.9813.2715.4311.6214.4911.210
ROCE (%)14.614.6714.3317.3917.6122.0313.7316.8612.936.24
Asset Turnover Ratio0.980.740.780.790.690.780.910.640.540.51
PAT to CFO Conversion(x)1.971.760.571.71.561.430.241.190.430.95
Working Capital Days
Receivable Days9.7013.4014.4014.2010.806.507.4011.5012.8014.60
Inventory Days24.4033.4034.9030.2024.702424.9033.7036.1037.20
Payable Days212.40321.90328.50265.10267.50320.70204.90190160.50188.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ambuja Cements Ltd FAQs

The current trading price of Ambuja Cement on 05-Jun-2026 16:59 is ₹417.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Ambuja Cement stood at ₹1,05,940.2 Cr

The latest P/E ratio of Ambuja Cement as of 04-Jun-2026 is 29.77.

The latest P/B ratio of Ambuja Cement as of 04-Jun-2026 is 2.02.

The 52-week high of Ambuja Cement is ₹625.0 and the 52-week low is ₹394.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ambuja Cement is ₹25,062 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ambuja Cements Ltd is a good quality company.

The key valuation ratios of Ambuja Cements Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ambuja Cements Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Ambuja Cements Ltd

Ambuja Cements, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. To further add value to its customers, the company has launched innovative products like Ambuja Roof Special, Ambuja Cool Walls, Ambuja Kawach and Ambuja Cement Compocem. The products not only fulfill important customer needs but also help in significantly reducing carbon footprints. It is the industry leader in responsible use of resources, both natural and man-made. The company’s multi-pronged strategy, including triple bottom line accounting method; True Value; good corporate governance practices; overarching corporate environment policy; and sustainable supply chain policy have helped cement the company's credentials as a sustainable manufacturer.

Business area of the company

The company is one of the leading cement manufacturing companies in India. It focuses on cement, aggregates and concrete. It has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations.

Products

  • Ambuja Cement
  • Ambuja Roof Special
  • Ambuja Cool Walls
  • Ambuja Cement Compocem
  • Ambuja Buildcem
  • Ambuja Powercem
  • Ambuja Railcem
  • Alccofine micro materials

Awards and Recognitions

2005:

  • Rabriyawas unit has been awarded the ‘National Energy Conservation Award 2004’ (1st prize in cement sector) by the Ministry of Power, Government of India for its efforts on energy conservation.
  • CAPEXIL has conferred the ‘Top Export Award’ to the company for its outstanding export performance for the year 2003-04.

2006:

  • CAPEXIL has conferred the ‘Top Export Award’ to the company for its outstanding export performance for the year 2004-05.

2007:

  • Asian Institute of Management, Philippines, conferred on the company the ‘Asian CSR Award 2007’ in the ‘Concern for Health’ category for its robust programme on health and HIV/AIDS for the welfare of the communities.
  • Bagged Greentech Environment Excellence Gold Award - 2007 for outstanding achievement in Environmental Management for Himachal Unit by Greentech Foundation, New Delhi.
  • Was adjudged as the top Indian company in the cement sector for the ‘Dun and Bradstreet-American Express Corporate Awards 2007’.

2008:

  • Received the prestigious 'Business Superbrands' status in August, 2008.
  • Received ‘Greentech Environment Excellence Gold Award 2008’ at Goa.

2009:

  • Won 2009 IMC Ramkrishna Bajaj National Quality ‘Performance Excellence Trophy’ in the Manufacturing Category.
  • Ambujanagar unit won the national award on ‘Best Environmental Excellence in Plant Operation’ from NCBM.

2011:

  • Bagged Confederation of Indian Industry (CII) National Award on Sustainability in the category ‘Commendation for Strong Commitment for Sustainable Development’.
  • The CII conferred ‘National Award for Excellence in Water Management’ to Rabriyawas plant in ‘Beyond the Fence’ Category.

2013:

  • Won CII ITC Sustainability Award for the third year in a row for ‘Significant Achievement on journey towards Sustainable Development’ under Large Industry category.
  • Won ‘The Asia’s Most Promising Brand’ at the Asian Brand & Leadership Summit-Dubai 2013.
  • Won the ET NOW Talent and HR Leadership Award 2013 for Best Talent Management and the Global HR Excellence Awards 2013 for Organization with Innovative HR Practices by World HRD Congress.

2015:

  • For the 5th time in a row, the company bagged the prestigious CII Sustainability Award 2015 for ‘Corporate Excellence-Commendation for Significant Achievement in category ’A’.
  • Awarded the ‘Best Sustainability Risk Management Company’ of the year by CNBC TV18.
  • Bagged ‘Eco Corporate of the Year 2014’ by Yes Bank’s Natural Capital Awards.

2016:

  • FICCI CSR Award 2016 for Ambuja's exemplary Water Resource Management program. 
  • CII Sustainability Award 2016 in Corporate Excellence-Outstanding Accomplishment category.
  • Rajasthan Energy Conservation Award 2016 for the Rabriyawas Plant. 
  • Conferred with the Bombay Chamber Civic Award for Social Development. 
  • Sustainability Energy Development Award from Chattisgarh State Renewable Energy Development Agency for Bhatapara unit. 
  • Gold Award at the 16th Annual Greentech Safety Awards 2016.

2017:

  • CII ITC Sustainability Awards for ‘Outstanding Accomplishment for Corporate Excellence’, 8th time in a row.
  • NCB National Award for Environment Excellence.
  • NMDC Social Awareness Award by FMI.
  • CII National Award for Excellence in Energy Management.
  • Yes Bank Natural Capital Awards in Eco-Corporate category under Manufacturing Sector.
  • CII National Award for Excellence in Water Management.
  • Certified 5.5 times water positive by external certification body DNV-GL.
  • Ranked 7th by Dow Jones Sustainability Index.
  • Ranked as India’s ‘Most Respected Companies’ by Businessworld.
  • Listed amongst top 40 brands in Interbrand ‘Best Indian Brands 2017’.
  • Ranked amongst India’s ‘50 Biggest Non-Financial Companies’ by Businessworld.

2018:

  • Ranked 5th globally in the Construction Material category for the internationally renowned Dow Jones Sustainability Index 2018.  
  • Ranked 2nd in the global Carbon Disclosure Project (CDP) for the low-carbon transition. Ambuja also topped in Climate Governance & Strategy. 
  • Wins 'Commendation for Significant Achievement' in the 'CII-ITC Sustainability Awards 2018'. Including 8 awards for Corporate Excellence, Environment Management and CSR. 
  • Ranked 2nd in Responsible Business Ranking 2018 - India's top companies for Sustainability and CSR 2018. 
  • The Ambuja Cement Foundation was conferred with the prestigious 'ICSI CSR Excellence Award' as the Best Corporate (Large Category) by The Institute of Company Secretaries of India (ICSI).

2019:

  • Features amongst the top 4 companies in Global DJSI Ranking-2019.
  • Ranked 4 among the world's most sustainable companies at the Dow Jones Sustainability Index (DJSI) global ranking for 2019 in the Construction Material (COM) category.
  • CSR arm Ambuja Cement Foundation received the award for its focus on drinking water, water harvesting and water use efficiency interventions in the Gir Somnath district of Gujarat and Pali & Nagaur district of Rajasthan.
  • Topped India's list in the Forbes Asia's Best Over a Billion List in the sector.
  • Ranked 6th in ‘Responsible Business Ranking 2019’ report.
  • Won ‘Warehouse and Logistics Excellence-Manufacturing Company of the Year 2019’ award.
  • Received the award for ‘Best in Class Logistics Safety’ at the 13th Express Logistics and Supply Chain Conclave.
  • Integrated digital platform Ambuja Brahmaand won two prestigious awards, ‘Best Customer Relationship Platform’ and ‘Best Marketing Technology Stack’ at the MarTech Leadership Awards 2019.
  • Nalagarh plant won the coveted CII National Award 2019 as 'Energy Efficient Unit’.
  • MCW Chandrapur plant won the Vasundhara Award 2019 from Maharashtra Government for 'Embedding Best Environmental Practices’.
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