🔔 Sales Decline Alert
Ambuja Cements reported a 5.05% decline in consolidated sales for Q2 FY24 compared to the previous quarter.
Analyst Rating
based on 36 analysts
52.78%
Buy
27.78%
Hold
19.44%
Sell
Based on 36 analysts offering long term price targets for Ambuja Cements Ltd. An average target of ₹681.42
Source: S&P Global Market Intelligence
Ambuja Cements Ltd Share analysis
Ambuja Cements Ltd price forecast by 36 analysts
Upside of9.89%
High
₹835
Target
₹681.42
Low
₹410
Ambuja Cements Ltd target price ₹681.42, a slight upside of 9.89% compared to current price of ₹608.4. According to 36 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Ambuja Cements Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Ambuja Cements Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹598₹62452 Week's Low
52 Week's High
₹404.05₹706.95
| Returns % | |
| 1 Month Return | -2.15 % |
| 3 Month Return | -7 % |
| 1 Year Return | + 44.83 % |
| Market Stats | |
| Previous Close | ₹620.10 |
| Open | ₹624.00 |
| Volume | 25.13L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,52,738.29Cr |
Key Statistics
| P/E Ratio | 38.49 |
| PEG Ratio | 6.82 |
| Market Cap | ₹1,52,738.29 Cr |
| P/B Ratio | 3.93 |
| EPS | 21.56 |
| Dividend Yield | 0.33 |
| Sector | Cement |
| ROE | 7.13 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,52,738.29 Cr | 44.66% | 0.51 | ₹4,738 Cr | ₹33,159 Cr | |
| HOLD | ₹90,478.43 Cr | 7.98% | 0.54 | ₹2,396 Cr | ₹20,520 Cr | |
| BUY | ₹1,83,230.89 Cr | 57.8% | 0.58 | ₹9,925 Cr | ₹1,30,978 Cr | |
| BUY | ₹3,35,780.96 Cr | 40.17% | 0.57 | ₹7,003 Cr | ₹70,908 Cr | |
| BUY | ₹46,522.42 Cr | 13.5% | 0.52 | ₹2,336 Cr | ₹19,958 Cr |
Company Information
Ambuja Cements Ltd offers a wide range of cement products for construction, including Portland Pozzolana Cement, Portland Slag Cement, and Ready Mix Concrete. Their popular brands include Ambuja Plus, Ambuja Plus Roof Special, Ambuja Cement OPC 53 Grade, Ambuja Cement OPC 43 Grade, and Ambuja Cement PPC. In addition to cement, the company also produces and supplies fly ash, dry fly ash, and gypsum. Ambuja Cements Ltd is committed to sustainability and is a leader in the use of alternative fuels and raw materials in cement production.
Share Price: ₹608.40 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,52,738.29Cr as of today
Revenue: ₹8,311.48Cr as on June 2024 (Q2 24)
Net Profit: ₹789.63Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Gautam Adani
| Organisation | Ambuja Cements Ltd |
| Headquarters | Mumbai |
| Industry | Cement |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
12:32 PM
-Ambuja Cements shares down 3.04%, reporting a decline in sales and net profit for the latest quarter.
05:34 PM
-Top cement makers, including Ambuja, saw a decline in dealer numbers in FY24.
Key events for Ambuja Cements Ltd
Ambuja Cements Faces Decline in Sales and Dealers - 19 Sep, 2024
Ambuja Cements' share price fell 3.04% amid a reported decline in sales and net profit for the latest quarter. Additionally, the company faced a decrease in dealer numbers in FY24, reflecting broader challenges in the cement industry.
Ambuja Cements Shares Dip Slightly Amid Mixed Results - 18 Sep, 2024
Ambuja Cements shares fell 0.12% to Rs 622.0. The company reported a net profit of Rs 646.31 crore but a decline in sales. The stock has risen 42.53% over the past year.
Ambuja Cements Faces Penalties and CMO Arrest - 13 Sep, 2024
Ambuja Cements faces a customs penalty of ₹1.39 crore due to alleged misclassification of goods and the arrest of its CMO on bribery charges. Despite these challenges, the company remains optimistic about its financial and operational stability.
Ambuja Cements Faces Bribery Scandal Amid Price Surge - 12 Sep, 2024
Ambuja Cements' Chief Manufacturing Officer was arrested for bribery, while ICICI Securities recommends buying shares with a target of Rs 801. The stock price rose 0.44%, reflecting a 38.66% annual gain. The cement sector is projected to see increased production capacity, benefiting Ambuja.
CLSA Maintains Underperform Rating on Ambuja Cements - 11 Sep, 2024
CLSA has reiterated its 'Underperform' rating on Ambuja Cements, projecting a target price of Rs 570. The company aims to enhance profitability through cost savings and capacity expansion, despite recent declines in profit and revenue.
Cement Industry Consolidation Driven by Ambuja and UltraTech - 09 Sep, 2024
The Indian cement industry is expected to undergo further consolidation, fueled by aggressive acquisition strategies from leading players like Ambuja Cement and UltraTech.
Ambuja Cements Expands with Penna Acquisition and Growth Forecast - 04 Sep, 2024
Ambuja Cements shares rose 0.56% as the company anticipates strong demand in the cement sector. It plans to acquire Penna Cement for Rs 104 billion, aiming to reduce production costs significantly by 2028, with a projected 19% EBITDA CAGR according to Jefferies.
Ambuja Cements Reports Decline in Revenue and Profits - 29 Aug, 2024
Ambuja Cements shares closed at Rs 612.65, down 0.62%. Revenue fell 5% to Rs 8,311 crores, while net profits plummeted 30% to Rs 790 crores in Q1FY25.
Adani Stake Sale Triggers Index Adjustments for Ambuja - 28 Aug, 2024
Gautam Adani sold a 2.75% stake in Ambuja Cement, prompting FTSE to adjust its float, leading to a $17 million inflow, while MSCI will reduce float, causing a $75 million outflow.
Ambuja Cements Weightage Increased in FTSE Index - 27 Aug, 2024
FTSE Russell raised Ambuja Cements' weightage in the FTSE All-World Index to 32.41% from 29.65%. The adjustment takes effect on Friday, maintaining the company's inclusion in multiple indices. Despite a 0.51% decline in share price, the stock has risen 42.29% year-to-date.
GQG Partners Boosts Stake in Ambuja Cements - 26 Aug, 2024
GQG Partners has increased its stake in Ambuja Cements to 2.5% by acquiring 1.1% through block deals worth Rs 1,679 crore, purchasing shares at Rs 625.5 each.
Adani Group Divests Stake in Ambuja Cements - 24 Aug, 2024
The Adani Group promoter sold a 2.8% stake in Ambuja Cements for Rs 4,250 crore, reducing their holding to 48.1%. GQG Partners increased their stake to 3.13%. Ambuja Cements shares rose 0.51% to close at Rs 635 apiece.
Adani Group Reduces Stake in Ambuja Cements - 23 Aug, 2024
The Adani Group sold a 2.8% stake in Ambuja Cements for Rs 4,251 crore, with significant purchases from GQG Partners and other investors. The share price saw fluctuations following the news.
Adani Group Stake Sale and Profit Decline Impact Ambuja - 22 Aug, 2024
Adani Group is set to sell a 2.84% stake in Ambuja Cement for $500 million, while the company reports an 11% drop in Q1 net profit.
Ambuja Cement CFO Discusses Consolidation Strategy - 21 Aug, 2024
Ambuja Cement's CFO, Vinod Bahety, proposed consolidating cement businesses under a single entity but clarified there are no current plans to merge ACC and Ambuja. He emphasized the company's growth strategy and market share expansion goals.
Insights on Ambuja Cements Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, AMBUJACEM has outperformed top 5 stocks with highest market-cap in Construction Materials
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 5.37% to 5.53% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Grasim Industries Ltd has given 77.3% return, outperforming this stock by 26.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 70.29% of holdings in Jun 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 3 months, AMBUJACEM stock has moved down by -7.0%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 9.34K Cr → 8.66K Cr (in ₹), with an average decrease of 7.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 6.84% to 6.82% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 9.89% to 9.58% in Jun 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.05K Cr → 646.31 Cr (in ₹), with an average decrease of 38.8% per quarter
News
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A total of 76,567 shares changed hands on the counter till 10:10AM (IST)31 Jul, 2024 10:10 AMMarket Trading Guide: Maruti Suzuki, Jubilant Foodworks among 5 stock recommendations for Thursday
Indian equity indices ended at a record closing high on Wednesday, led by Bharti Airtel, ITC and metal stocks. The S&P BSE Sensex closed 0.35% higher at 81,741, while the NSE Nifty50 index ended above the 24,950 level.Nifty is currently on the way to form another higher top of the pattern. Though placed at the highs, still there is no signs of any reversal pattern building at the new highs. However, a decisive move above 25100 levels could open sharp upside ahead. Immediate support is at 24750 levels, said Nagaraj Shetti of HDFC Securities.Here are 5 stock recommendations for Thursday: Stock Ideas31 Jul, 2024 08:55 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 70.29% | 0.00 | |
| Foreign Institutions | 9.58% | ||
| Mutual Funds | 5.53% | 3.00 | |
| Retail Investors | 6.82% | ||
| Others | 7.78% | 2.11 |
Key Indicators
Ambuja Cements Ltd Valuation
Ambuja Cements Ltd in the last 5 years
Lowest (13.20x)
March 25, 2020
Today (38.49x)
September 18, 2024
Industry (53.10x)
September 18, 2024
Highest (65.02x)
December 8, 2022
Earnings and Dividends
Ambuja Cements Ltd Earnings Results
Ambuja Cements Ltd’s net profit fell -28.63% since last year same period to ₹646.31Cr in the Q1 2024-2025. On a quarterly growth basis, Ambuja Cements Ltd has generated -38.75% fall in its net profits since last 3-months.
Read More about Earnings ResultsAmbuja Cements Ltd Dividends May,2024
In the quarter ending March 2024, Ambuja Cements Ltd has declared dividend of ₹2 - translating a dividend yield of 0.73%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Ambuja Cements Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Ambuja Cements Ltd (AMBUJACEM) share price today is ₹608.4
Ambuja Cements Ltd is listed on NSE
Ambuja Cements Ltd is listed on BSE
- Today’s highest price of Ambuja Cements Ltd is ₹624.
- Today’s lowest price of Ambuja Cements Ltd is ₹598.
PE Ratio of Ambuja Cements Ltd is 38.49
PE ratio = Ambuja Cements Ltd Market price per share / Ambuja Cements Ltd Earnings per share
Today’s traded volume of Ambuja Cements Ltd(AMBUJACEM) is 25.13L.
Today’s market capitalisation of Ambuja Cements Ltd(AMBUJACEM) is ₹152738.29Cr.
| Ambuja Cements Ltd(AMBUJACEM | Price |
|---|---|
52 Week High | ₹706.95 |
52 Week Low | ₹404.05 |
Ambuja Cements Ltd(AMBUJACEM) share price is ₹608.4. It is down -13.94% from its 52 Week High price of ₹706.95
Ambuja Cements Ltd(AMBUJACEM) share price is ₹608.4. It is up 50.58% from its 52 Week Low price of ₹404.05
| Ambuja Cements Ltd(AMBUJACEM | Returns |
|---|---|
1 Day Returns | -11.7% |
1 Month Returns | -2.15% |
3 Month Returns | -7% |
1 Year Returns | 44.83% |