Ambuja Cements Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call analysis: revenue, margin, capex, fundraise and order book outlook from management commentary.

Published 25 Aug 2026 | Cement & Cement Products | Market Cap: ₹1.0L Cr

Ambuja Cements targets an 8% volume growth for FY27, driven primarily by trade sales, which constitute over 75% of total sales. Ambuja Cements targets an 8% volume growth for FY27, supported by trade volume growth of about 8% seen in July post-Q1 decline.

From Ambuja Cements's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

₹410

Market Cap

₹1.0L Cr

P/E Ratio

21.9

How does Ambuja Cements rank in Cement & Cement Products?

Compare Ambuja Cements against every Cement & Cement Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 4Margin: Rank 3

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Ambuja Cements — Quarterly revenue & net profit

Revenue Net Profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹10.9K Cr, net profit ₹1.9K Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 4

→Ambuja Cements targets an 8% volume growth for FY27, driven primarily by trade sales, which constitute over 75% of total sales.
→In July (post-Q1), they reported an 8% year-on-year growth in trade volumes, indicating a positive recovery after a decline in Q1.
→The focus remains on growing high-margin trade segments and expanding brand equity in key markets, supported by investments in channel development.
→New capacity additions of about 10.2 million tons by FY27 are expected to bolster volume growth.
→They aim to maintain disciplined execution, premiumization, operational excellence, and digital transformation to sustain revenue growth.
→The mix shift towards value sales (trade) is expected to improve revenue per ton, balancing volume growth with profitability.
→Long-term demand fundamentals in India remain strong due to infrastructure, urbanization, and housing demand.

📈 Profitability & Margins

Rank 3

→Ambuja Cements targets an 8% volume growth for FY27, supported by trade volume growth of about 8% seen in July post-Q1 decline.
→Cost per ton is expected to reduce from around INR4,241 in Q1 to approximately INR4,000 or below by FY28, aiming for a cumulative INR1,000 reduction from acquisition levels (~INR5,000).
→Incremental cost savings of about INR250 per ton are targeted in FY28.
→EBITDA improvement is linked to a combination of price and cost management; focus remains on cost efficiency to drive margin expansion.
→Green power consumption for captive use is expected to increase, reducing power costs and improving EBITDA.
→Investments totaling INR6,500 crores planned over FY27-FY28 aimed at growth and efficiency improvements.
→Market share is expected to improve with capacity expansions (~10 million tons annually) and enhanced focus on the trade segment.
→Overall, disciplined execution and operational excellence underpin positive earnings trajectory.

See what Ambuja Cements said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

Yes

→Capex for FY27 is around INR 6,500 crores, covering growth and efficiency projects.
→Capacity expected to reach 119 million tons by end of FY27.
→Organic capacity additions planned for FY28 and FY29, with 8-10 million tons added annually.
→Expansion in North India completed, adding almost 5.5 million tons capacity.
→West region expansion underway, including Kalamboli adding 1 million tons.
→Additional expansions in Bihar, East, and Central regions ongoing.
→Temporary suspension (not mothballing) of some old ACC and acquired company plants for optimization before restarting.
→Investments in rail infrastructure (BCFC), fly ash sourcing, waste heat recovery system (WHRS), and renewable energy.
→Focus on cost optimization through technical efficiency, logistics improvements, and RE power.

💰 Fundraising & Capital Structure

No information

→No new debt fundraising is planned at the Ambuja operating company level; Ambuja currently has zero debt and manages cash flows through operating cash flows.
→The parent company holds debt, but Ambuja's management has not detailed new debt plans or linked it to current Internal Corporate Debt (ICD).
→ICDs within approved shareholder limits carry an 8% coupon and are part of the ongoing merger and consolidation process.
→No mention of upcoming equity fundraising or capital raising has been made on page 27 or surrounding pages.
→The focus remains on cost optimization, operational efficiency, and integrating acquisitions, rather than raising fresh capital.

See what Ambuja Cements said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

No information

The provided transcript from Ambuja Cements Limited's July 28, 2026 call does not explicitly mention current or expected order book or pending orders details. However, some relevant insights include: - The company is targeting approximately 8% volume growth for FY27. - Strong momentum and demand traction are seen in key markets like North, West, Central, and East. - In July, an 8% year-on-year improvement in trade volumes was reported, indicating growing demand. - Several capacity expansions are underway or planned (e.g., clinker capacities at Jodhpur commissioned, Maratha expected FY28). - Temporary mothballing of older manufacturing facilities is for optimization, not loss of market share. - The focus is on value-driven volume growth with premiumization and operational efficiency. No direct figures or specifics related to order book or pending orders are provided in the excerpts.

Key Metrics

1 of 5 growth signals positive in the Q1 FY27 call.

Revenue

Rank 4

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

How does Ambuja Cements rank vs peers in Cement & Cement Products?

Pro feature

1Ambuja Cements

Rev 4Mar 3

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Frequently Asked Questions

What were Ambuja Cements Q1 FY27 results?

What is Ambuja Cements share price analysis?

Ambuja Cements currently shows a neutral. The stock trades at a P/E of 21.9 with a market cap of ₹102,996 Cr. Investors should review the full earnings analysis for detailed insights.

Is Ambuja Cements planning capital expenditure?

Capex for FY27 is around INR 6,500 crores, covering growth and efficiency projects.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

How does Ambuja Cements rank in Cement & Cement Products?

Ambuja Cements — Quarterly revenue & net profit

📊 Revenue & Sales Performance

🏗️ Capital Expenditure Plans

📋 Order Book & Pipeline

Key Metrics

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What AMBUJACEM's management said in earlier quarters

Others in Cement & Cement Products this season

Frequently Asked Questions