ACC Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book

- Ambuja aims to achieve EBITDA per ton of INR1,500 by FY '28, up from INR915 in FY '25, indicating significant margin expansion. - Organic growth focus with capacity targeted to reach 118 MTPA by FY '26 and 140 MTPA by FY '28. - Cost reduction roadmap targets INR3,650 per ton cost by FY '28, supported by fuel management, green power, and operational efficiencies. - FY '26 expected to be a year of strong organic growth and consolidation, with further cost and pricing momentum. - Industry-level demand growth expected at 7-7.5% CAGR, outpacing supply growth around 6% CAGR, supporting better utilization and pricing. - Incremental INR100 per ton cost savings targeted in FY '26 and INR150 in FY '27, broadly on track. - Premium products share up to ~29%, with a focus on sustaining and growing this for better revenue and profitability mix. Overall, management projects strong earnings growth driven by capacity ramp-up, cost leadership, pricing improvement, and premiumization.

- FY '26 and FY '27 organic growth capex targeted around INR 6,000 crores. - Efficiency capex planned between INR 2,500 to 3,000 crores, including WHRS and BCFC rates improvements. - Total capex close to INR 9,000 crores combining growth and efficiency investments. - Key clinker unit expansions at Bhatapara, Maratha, Marwar Mundwa, and Mundra petchem progressing well. - Grinding unit expansions at Warisaliganj, Naultha, Salai Banwa, Bhatinda, Raigarh part of 140 million tons capacity plan. - Land acquisition for ACC grinding units and coal mines (approx. INR 680 crores), enabling future capacity growth. - Renewable energy investments: 1,000 megawatts targeted, with 300 MW operational as of March '25, full gigawatt by Q2 FY '26. - Cost optimization and operational efficiencies central to capex strategy, aiming for INR 3,650/ton cost by FY '28. Overall, focus on organic growth, capacity expansion, and green energy integration dominates current/future capex.

The provided transcript of Ambuja Cements Ltd., ACC Ltd., and Sanghi Industries Ltd. Q4 FY '25 earnings call does not explicitly detail current or expected order book or pending orders figures. However, some relevant points on demand and outlook can be summarized: - Cement demand in India remains strong, driven by infrastructure investments, housing needs, and rapid urbanization. - The management is bullish about demand outpacing supply, with projected industry supply CAGR around 6% and demand CAGR 7-7.5% toward 2030. - They expect continued healthy price momentum supported by government capex and buoyant market conditions. - The company is focused on commissioning various advanced-stage projects through FY '26 expanding capacity. - Integration of recent acquisitions (Sanghi, Penna, Orient) is progressing well, expected to contribute to volume ramp-up. - Management expressed optimism for FY '26 to be better than FY '25, with strong order visibility from government capex and trade. No explicit order book or pending order numbers were mentioned in the text.