ACC Ltd

- Current CAPEX plans for the next 3-4 years are expected to be self-sustained through healthy cash flows and the existing treasury; no incremental borrowings at this stage (Page 15). - Annual CAPEX outflow is expected around Rs. 4,000 to Rs. 5,000 crores, staggered over the next 3-4 years, with Rs. 3,500 crores expected in FY24 (Page 15). - The company’s balance sheet is very strong, debt-free as of now, and capable of handling any additional opportunities if they arise (Page 14). - No comments on any new equity fundraising; promoter warrant money timelines are expected around mid-April, but no further details provided at this time (Page 14). - Overall, funding is planned from internal accruals and cash reserves rather than new debt or equity issuance currently.

- Planned capacity increase from 77.5 million tonnes to 140 million tonnes over the next 4 years, with 80% capacity addition by FY27. - Expected EBITDA generation of Rs. 8,000 to Rs. 10,000 crores and healthy cash flow of Rs. 5,000 to Rs. 6,000 crores net of taxes for sustaining CAPEX. - Annual CAPEX outflow expected at Rs. 4,000 to Rs. 5,000 crores over the next 3-4 years; Rs. 3,500 crores expected in FY24. - Expansion includes 8 million tonne clinker capacity and 19.6 million tonne cement grinding capacity, plus multiple new grinding stations. - Land acquisition in progress for Amravati and Jalgaon plants; clinker capacity expansions awaiting public hearings. - Rs. 200 crores modest CAPEX planned for efficiency improvements at the Sanghi plant. - CAPEX fully funded from healthy cash flows and existing treasury without incremental borrowings, with a strong, debt-free balance sheet capable of supporting additional opportunities.

The transcript provided does not specifically mention details regarding the current or expected order book or pending orders for Ambuja Cements, ACC, or Sanghi Industries. The discussion primarily focuses on operational performance, capacity expansions, cost efficiencies, and volume growth outlooks. Key points related to business outlook but not explicitly about order book: - Capacity expansion plans to increase from current 77.5 million tonnes to 140 million tonnes by FY27/FY28. - EBITDA improvements and cost leadership strategies underway. - Integration of Sanghi Industries progressing well, with expected volume ramp-up. - Industry volume growth anticipated at around 6% to 7% per annum. - Strong cash flows supporting capex of Rs. 3,500 to 5,000 crores annually over next 3-4 years. No explicit mention or quantification of order book or pending orders was made in the Q&A or management commentary.

- Industry growth expected at 7% to 8% (Ajay Kapur, Page 11). - Ambuja consolidated volume expected to grow from current 77.5 million tonnes to 120 million tonnes by March 2028 (Page 12). - New capacity additions: 40 million tonnes clinker planned, with 10 million tonnes already added (Page 4). - Doubling grinding capacity to 140 million tonnes by FY28, with 35 new grinding units targeted (Page 4). - Volume growth in line with industry growth, Ambuja standalone grew 6% in recent quarter vs. industry ~3.5% (Page 15). - Robust volume growth expected due to incremental volumes and catch-up markets (Page 15). - Sanghi plant targeting Gujarat, Maharashtra, and gradually southern markets - implies volume increase (Page 13). - Confident of healthy volume growth beyond industry rates with expansion and footprint optimization (Page 15).

- The company plans a staggered capacity expansion from 77.5 million tonnes to 140 million tonnes by FY28, aiming to sell 120 million tonnes by March 2028. - EBITDA is expected to be in the range of Rs. 8,000 to Rs. 10,000 crores with healthy cash flows of Rs. 5,000 to Rs. 6,000 crores annually. - EBITDA per tonne guidance is Rs. 1,450+, based on cost leadership and efficiency improvements, excluding price increases. - EBITDA margins are targeted at 25%-26% with a Return on Capital Employed (ROCE) around 19%. - Cost reductions of over Rs. 400 per tonne are underway through waste heat recovery, logistics, raw material procurement, and footprint optimization. - Industry volume growth is expected at 7%-8% with the company's volumes growing at or above the industry rate. - CAPEX of Rs. 4,000 to Rs. 5,000 crores per year is planned, funded primarily by internal accruals without incremental borrowings. - Strong cash generation supports dividends and reinvestment for growth.