ACC Ltd

- As of the discussion on January 30, 2026, Ambuja Cements Limited has a strong balance sheet with a net worth of approximately INR 70,000 crores and currently zero debt. - There is no mention of any immediate or planned new fundraising through debt or equity. - The company emphasizes maintaining a debt-free status and having the financial strength to pursue inorganic growth or acquisitions at the right price. - The focus presently is on ramping up existing assets and organic growth rather than raising new funds. - Any capacity expansion target of 155 million tons by FY '28 includes both organic and inorganic growth, but no specific fundraising plans are disclosed related to this.

- Ambuja Cements plans a capex of around INR 8,000 crores annually for growth and an additional INR 2,000 crores for efficiency improvements, totaling approximately INR 10,000 crores yearly. - Expansion includes setting up a new 4 million tons clinker line in Assam (greenfield), adding to a 20 million tons clinker capacity alongside Mundra and Maratha (brownfield). - New assets like Bhatapara line 3 and Maratha clinker units are being commissioned soon; Penna plant expected to start by mid-February. - Focus on ramping up existing acquired assets (e.g., Sanghi) and optimizing capacity utilization is a priority. - Investments in logistics include ordering 7 vessels for delivery by mid-2027 and adopting EV fleets. - ESG and sustainability initiatives include installation of Coolbrooks RDH technology and carbon capture pilot projects. - Future organic capacity roadmap details will be shared progressively with quarterly updates.

- Ambuja Cements expects robust demand growth with industry demand forecasted at around 8% for FY '26, slightly above GDP growth of 7.5%. - Volume growth for Ambuja is strong, with 17% growth reported including acquisitions; around 6-8% volume growth excluding acquisitions, outpacing industry. - Market share improved to 16.6%, with consistent double-digit volume growth over the last 9 months. - Future sales growth is supported by premium cement focus, blended cement products, and increasing trade channel sales (trade: 70%, non-trade: 30%). - Capacity expansion pipeline targets growth from 109 million tons currently to 135 million tons by FY '27 and 155 million tons by FY '28, both through organic debottlenecking and inorganic growth. - Greenfield and brownfield clinker expansion projects (e.g., Assam greenfield, Mundra brownfield) are underway, adding 20 million tons clinker capacity. - Revenue growth is supported by improved realizations, with price improvements expected in coming quarters.

- Target volumes: 115 mn to 135 mn to 155 mn tons over 3 years (FY '26-FY '28) with ±5-10% variability based on capacity utilization. - EBITDA per ton target: INR1,250-1,300 by FY '27 and moving towards INR1,500 per ton. - Cost reduction: Aim to reduce cost to INR4,000 per ton by March 2026 exit and further down to INR3,800 by March 2027 and INR3,650 by March 2028. - Growth drivers: Ramp-up of new capacities, operational efficiencies, debottlenecking existing assets, and better capacity utilization. - EPS: Diluted EPS for the quarter reported at INR0.82; expected improvement in EBITDA and margins will likely support future EPS growth. - Capex: Around INR10,000 crores between growth and efficiency investments expected; ongoing investments to support volume and cost efficiencies. - Price momentum: Positive price trends expected to enhance EBITDA despite cost volatility. - Overall, strong volume growth, cost efficiencies, and price improvements to drive earnings and profitability growth.

The provided pages of the Ambuja Cements Limited document do not contain explicit details about the current or expected order book or pending orders. The discussion primarily revolves around: - Capacity expansions (existing and planned clinker and grinding units). - Production targets: 109 million tons current, aiming for 135 million to 155 million tons by FY '27-'28. - Capex program announcements and status of clinker units (Bhatapara, Sanghi, Marwar-Mundra, Assam greenfield). - Demand outlook bullish with around 8% industry growth expected in Q4. - Focus on efficiencies, asset utilization, and integration. - No specific mention or quantification of order book or pending orders in the given pages. Hence, exact figures or status on order book or pending orders are not provided in the excerpt.