EBITDA PMT Surges 27% QoQ to Rs 931 PMT

Consolidated Financial Highlights Q1 FY’27

  • Quarterly Sales Volume at 17.1 MnT; Trade Share up by 4 pp to 78% YoY; Premium Product up by 1 pp to 34% YoY.
  • Quarterly Revenue at Rs 9,500 Cr.
  • Operating EBITDA at Rs 1,589 Cr; Margins up by 3.3 pp to 16.7% QoQ.
  • Clinker Factor improved by 2.1 pp to 63.7% YoY.
  • Achieved cost reduction of Rs 206 PMT sequentially through focused cost optimisation initiatives, despite headwinds from West Asia geopolitical tensions.
  • Renewable energy capacity increased by 75 MW to 973 MW; Green Power Share up to 34%.
  • Ambuja continues to remain Debt Free with highest credit ratings.

National: Ambuja Cements Limited, part of the diversified Adani Portfolio and the world’s ninth largest cement company, delivered robust performance for the first quarter ended 30 June 2026.

Mr. Vinod Bahety, Whole Time Director and CEO, Ambuja Cements Limited, said, “We have started FY’27 with strong momentum, driven by our focus on value-led growth, premiumisation and disciplined execution. Higher trade sales and an increased share of premium products strengthened our market mix, resulting in improved profitability and quality of earnings.

Despite temporary cost headwinds arising from the West Asia geopolitical tensions, we delivered a sequential cost reduction of Rs. 206 PMT through operational excellence, improved energy efficiency, a lower clinker factor and disciplined cost management. This resulted in a 331 bps QoQ expansion in EBITDA margin to 16.7%.

Looking ahead, we are confident on continuing our momentum and improve our cost structure further. We are well on track to increase our capacity to 119 MTPA by the end of FY’27, with the commissioning of Dahej (1.2 MTPA), Salai Banwa (2.4 MTPA), Bathinda (1.2 MTPA) Jodhpur (2 MTPA), Kalamboli (1 MTPA) and Warisaliganj (2.4 MTPA). We are firmly on course to deliver cost reduction of approximately Rs 250 PMT to achieve targeted cost of Rs 4,250 PMT by end of FY’27.

At the same time, we continue to strengthen our leadership in sustainable construction through innovation and our partnership with LEILAC, accelerating our low-carbon transition and building capabilities that will support the next phase of growth.”

Business Performance:

Operational Metrics:

Particulars (YoY)Q1 FY’27Q1 FY’26Q4 FY’26
Kiln Fuel CostRs 1.66/’000 kCalRs 1.59/’000 kCalRs 1.61/’000 kCal
Power CostRs 6.0/ kWhRs 5.9/ kWhRs 5.9/ kWh
Green Power share34%28%32%
Primary Lead249 kms269 kms262 kms
Direct Dispatch (%)58%57%61%
Premium Products (% of trade sales)34%33%36%

Consolidated Financial Performance:

ParticularsUoMQ1Q1Q4
FY’27FY’26FY’26
Sales Volume (Cement)Mn T17.118.419.9
Revenue from OperationsRs. Cr9,50010,28910,916
Operating EBITDA & MarginRs. Cr1,5891,9611,465
%16.70%19.10%13.40%
Rs. PMT9311,069735
PATRs. Cr6601,0411,857
EPS – DilutedRs.2.323.537.37

Balance Sheet Strength:

  • Debt-free balance sheet with a net worth of Rs 71,954 Cr and cash & cash equivalents of Rs 844 Cr.
  • Highest AAA / A1+ credit ratings from CRISIL and CARE.
  • Healthy operating cash flows continue to support the Company’s capex and growth programme.

Capacity Expansion:

  • Cement capacity stood at 109 MTPA as of 30 June 2026 and is expected to reach 119 MTPA by the end of FY’27.
  • Trial production commenced: Dahej (1.2 MTPA), Salai Banwa (2.4 MTPA), Bathinda (1.2 MTPA) and Jodhpur (2 MTPA).
  • Kalamboli (1 MTPA), Warisaliganj (2.4 MTPA) will have trials in Q2 and Maratha clinker line (4 MTPA) will be commissioned in 2027.
  • Continued focus on stabilising newly commissioned capacities and improving utilisation across the existing asset base.

ESG Updates:

  • Partnered with UK-based Leilac Limited, to establish one of the world’s largest commercial-scale pathways for low-carbon cement production. The partnership advances the Company’s decarbonisation roadmap and SBTi-validated Net Zero 2050 targets.
  • Ambuja Cements and ACC received GreenPro certification from CII for its blended cement portfolio, reinforcing commitment to sustainable products and responsible construction solutions.
  • Adding another layer of independent validation of sustainable products and responsible construction solutions, the Company achieved a significant milestone by securing GRIHA certification across its entire blended cement portfolio spanning both B2B and B2C segments, including the newly launched Buildcem and Buildcem Pro range. It has strengthened the depth of this recognition by securing certification under additional GRIHA typologies for Life Cycle Assessment (LCA) and Innovation based on Environmental Product Declaration (EPD), extending credentials beyond products to validated lifecycle performance, enabling customers to advance green building and ESG objectives.
  • Continued progress across renewable energy, water conservation, circular economy and resource efficiency initiatives, as well as tree plantation and community development programmes, supporting its long-term sustainability strategy.
  • Launched the Digital BRSR for FY 2025-26, providing stakeholders with interactive and accessible ESG disclosures and sustainability performance updates. The report is available on the Company’s website.