Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ambuja Cements Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 7,966 | 8,713 | 7,424 | 8,129 | 8,894 | 8,392 | 7,552 | 9,411 | 9,981 | 10,289 | 9,174 | 10,277 | 10,915 |
| Expenses + | 6,727 | 7,046 | 6,122 | 6,397 | 7,195 | 7,112 | 6,441 | 7,700 | 8,113 | 8,328 | 7,414 | 8,924 | 9,452 |
| Operating Profit | 1,239 | 1,667 | 1,302 | 1,732 | 1,699 | 1,280 | 1,111 | 1,712 | 1,868 | 1,961 | 1,761 | 1,353 | 1,464 |
| OPM % | 16% | 19% | 18% | 21% | 19% | 15% | 15% | 18% | 19% | 19% | 19% | 13% | 13% |
| Other Income + | 142 | 268 | 480 | 204 | 448 | 358 | 220 | 1,355 | 713 | 300 | 39 | 77 | 138 |
| Interest | 39 | 52 | 61 | 70 | 93 | 68 | 67 | 67 | 14 | 67 | 77 | 59 | 21 |
| Depreciation | 352 | 372 | 381 | 416 | 459 | 476 | 520 | 607 | 694 | 798 | 885 | 911 | 1,053 |
| Profit before tax | 989 | 1,512 | 1,340 | 1,450 | 1,595 | 1,094 | 744 | 2,393 | 1,872 | 1,396 | 838 | 460 | 528 |
| Tax % | 23% | 25% | 26% | 25% | 5% | 28% | 33% | -11% | 28% | 27% | -175% | 12% | -252% |
| Net Profit + | 763 | 1,135 | 987 | 1,091 | 1,521 | 783 | 496 | 2,663 | 1,351 | 1,017 | 2,302 | 403 | 1,857 |
| EPS in Rs | 3.25 | 4.56 | 3.99 | 4.15 | 4.78 | 2.60 | 1.95 | 8.76 | 4.16 | 3.39 | 7.14 | 0.97 | 7.40 |
Financials of Ambuja Cements Ltd
Annual income statement trend
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 15m | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 9,955 | 9,437 | 20,094 | 23,609 | 26,041 | 27,104 | 24,516 | 28,965 | 38,937 | 33,160 | 35,045 | 40,656 |
| Expenses + | 8,022 | 7,895 | 16,913 | 19,751 | 22,030 | 22,507 | 19,511 | 22,755 | 33,815 | 26,760 | 29,074 | 34,117 |
| Operating Profit | 1,934 | 1,542 | 3,181 | 3,858 | 4,011 | 4,597 | 5,006 | 6,210 | 5,122 | 6,400 | 5,971 | 6,539 |
| OPM % | 19% | 16% | 16% | 16% | 15% | 17% | 20% | 21% | 13% | 19% | 17% | 16% |
| Other Income + | 419 | 353 | 441 | 335 | 232 | 601 | 288 | 252 | 447 | 1,401 | 2,646 | 554 |
| Interest | 66 | 92 | 153 | 206 | 170 | 170 | 140 | 146 | 195 | 276 | 216 | 224 |
| Depreciation | 513 | 630 | 1,461 | 1,219 | 1,154 | 1,153 | 1,162 | 1,152 | 1,645 | 1,628 | 2,478 | 3,570 |
| Profit before tax | 1,774 | 1,173 | 2,008 | 2,768 | 2,919 | 3,875 | 3,992 | 5,164 | 3,729 | 5,896 | 5,922 | 3,299 |
| Tax % | 16% | 31% | 29% | 30% | -2% | 28% | 22% | 28% | 19% | 20% | 13% | -71% |
| Net Profit + | 1,487 | 808 | 1,434 | 1,945 | 2,973 | 2,783 | 3,107 | 3,711 | 3,024 | 4,735 | 5,158 | 5,637 |
| EPS in Rs | 9.59 | 5.21 | 5.57 | 7.64 | 10.97 | 10.55 | 11.91 | 14.00 | 13.01 | 16.26 | 16.92 | 19.13 |
| Dividend Payout % | 46% | 54% | 50% | 47% | 14% | 14% | 151% | 45% | 19% | 12% | 12% | 10% |
Financials of Ambuja Cements Ltd
Capital structure and asset base
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 310 | 310 | 397 | 397 | 397 | 397 | 397 | 397 | 397 | 440 | 493 | 494 |
| Reserves | 9,760 | 9,961 | 19,424 | 20,275 | 21,973 | 23,681 | 22,360 | 24,957 | 31,301 | 41,012 | 52,951 | 58,853 |
| Borrowings + | 34 | 35 | 29 | 24 | 40 | 41 | 471 | 477 | 523 | 699 | 788 | 866 |
| Other Liabilities + | 3,774 | 3,827 | 12,974 | 14,813 | 14,981 | 16,059 | 16,490 | 19,374 | 19,501 | 22,916 | 26,709 | 29,393 |
| Total Liabilities | 13,878 | 14,133 | 32,824 | 35,509 | 37,391 | 40,178 | 39,718 | 45,205 | 51,721 | 65,067 | 80,941 | 89,607 |
| Fixed Assets + | 6,310 | 6,170 | 21,410 | 20,898 | 20,636 | 20,701 | 20,486 | 22,254 | 23,551 | 32,194 | 42,578 | 58,299 |
| CWIP | 692 | 416 | 582 | 667 | 1,008 | 1,554 | 2,422 | 2,168 | 2,526 | 2,658 | 9,886 | 9,085 |
| Investments | 2,097 | 2,149 | 175 | 153 | 133 | 150 | 167 | 198 | 214 | 849 | 1,912 | 113 |
| Other Assets + | 4,780 | 5,398 | 10,657 | 13,791 | 15,613 | 17,773 | 16,643 | 20,585 | 25,430 | 29,365 | 26,566 | 22,110 |
| Total Assets | 13,878 | 14,133 | 32,824 | 35,509 | 37,391 | 40,178 | 39,718 | 45,205 | 51,721 | 65,067 | 80,941 | 89,607 |
Financials of Ambuja Cements Ltd
Operating, investing and financing cash movement
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,675 | 1,557 | 2,810 | 3,416 | 1,703 | 4,739 | 4,832 | 5,309 | 735 | 5,646 | 2,237 | 5,362 |
| Cash from Investing Activity + | -456 | -83 | -4,165 | -738 | -765 | -1,191 | -1,317 | -2,007 | -14,481 | -8,941 | -7,529 | -7,935 |
| Cash from Financing Activity + | -721 | -900 | -958 | -1,015 | -719 | -629 | -3,956 | -516 | 2,931 | 5,689 | 5,592 | -1,629 |
| Net Cash Flow | 498 | 574 | -2,312 | 1,663 | 220 | 2,919 | -441 | 2,786 | -10,815 | 2,394 | 301 | -4,203 |
| Free Cash Flow | 854 | 937 | 1,925 | 2,332 | 612 | 3,132 | 3,107 | 3,013 | -3,331 | 1,685 | -6,354 | -594 |
| CFO/OP | 102% | 104% | 107% | 102% | 71% | 115% | 120% | 96% | 29% | 103% | 44% | 78% |
Financials of Ambuja Cements Ltd
Working capital efficiency and return ratios
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8 | 11 | 17 | 14 | 18 | 14 | 8 | 8 | 11 | 13 | 17 | 17 |
| Inventory Days | 379 | 394 | 339 | 323 | 333 | 208 | 193 | 337 | 234 | 238 | 238 | 246 |
| Days Payable | 265 | 299 | 324 | 370 | 339 | 231 | 259 | 359 | 198 | 196 | 154 | 227 |
| Cash Conversion Cycle | 123 | 107 | 32 | -33 | 13 | -9 | -58 | -14 | 46 | 56 | 100 | 37 |
| Working Capital Days | -61 | -65 | -67 | -62 | -34 | -56 | -80 | -74 | 45 | 8 | -22 | -3 |
| ROCE % | 18% | 11% | 11% | 12% | 12% | 14% | 14% | 17% | 12% | 13% | 10% | 6% |