Ambuja Cements Ltd

- Total growth capex planned in the range of INR5,000 to INR7,500 crores annually, funded largely from operating cash flows. - Targeting 140 million tons cement grinding capacity by FY28 with steady brownfield clinker and mixed greenfield/brownfield grinding unit expansions. - Clinker expansion of 12 million tons (three kilns) planned, awaiting environmental clearance; clinker capacity aims for 82 million tons by FY28. - Focus on cost optimization through efficiency improvements, securing raw materials, and green energy investments. - Waste heat recovery capacity to increase from 40 MW to 186 MW by March 2025. - Investment in 1,000 MW renewable energy (RE) to cover 60% power needs by FY26, reducing power cost by INR90/ton by FY28. - Captive coal mines acquisition underway to secure 80-90% coal supply within 12 months, targeting fuel cost reduction. - New railway wagons procurement and logistics upgrades ongoing. - Sustainability capex including completing 800 MW wind and solar projects by mid-FY26.

- Target to double grinding capacity to 140 million tons by FY28 through 35 new grinding units. - FY25 target: Capacity to reach ~86 million tons; FY26: 100-120 million tons; FY28: 140 million tons. - Volume growth target driven by adding about 40 million tons of new capacity annually to meet ~8% industry growth. - Current markets like Tamil Nadu and South India expected to gain market share with new capacity additions. - Focus on premium segments and micro-segmentation strategies for different housing and infrastructure segments to drive volume growth. - Cost leadership and efficient production expected to aid margin expansion despite competitive pricing environments. - Master Supply Agreements with Sanghi contributing volume gains (e.g., 3.4 million tons in a quarter). - Expectation of continued volume growth ahead of industry peers, with 17% growth recently reported vs industry average.

- The company is targeting a 140 million ton cement grinding capacity by FY28, up from approx. 78.9 million tons currently, indicating substantial volume growth. - Utilization levels are high (many plants at 90-95%), supporting growth without major new capacity delays. - EBITDA margin expanded to 19.3% in FY24, with a further targeted cost reduction of INR 530 per ton by FY28 to improve margins. - Growth capex planned at INR 5,000-7,500 crores yearly, funded largely internally, enabling sustained expansion. - Expectation of 8-9% cement demand growth annually, faster than capacity expansion, supporting volume and earnings growth. - Focus on cost leadership and efficiency (e.g., green energy, reduced clinker factor) to drive margin expansion amidst stable prices. - Highest ever PAT of INR 4,738 crores reported in FY24; with strong balance sheet and cash flows, earnings and EPS are expected to grow robustly in line with volume and margin improvements.

The provided transcript does not mention any specific details regarding current or expected orderbook or pending orders for Ambuja Cements, ACC, or Sanghi Industries. The focus of the discussion spans capacity expansion, cost reduction strategies, market share, logistics improvements, clinker capacity, and industry outlook without reference to orderbook figures or pending order status. Therefore, no information on orderbook or pending orders is available on page 17 or within the provided content.

- In April 2024, Ambuja Cement successfully completed a warrant program raising INR 8,400 crores in equity. - The company plans to primarily fund its annual capex, estimated between INR 5,000 to 7,500 crores, through internal accruals and operating cash flows. - INR 20,000 crores received from warrants are reserved for strategic initiatives, not immediate capital expenditure. - Sanghi has recently raised INR 2,200 crores to repay inter-corporate deposits (ICDs), improving financial structure and efficiency. - No specific announcements regarding new fundraising through additional debt or equity beyond these were mentioned. - Overall, the firm emphasizes using internal funds for growth and strategic initiatives, minimizing reliance on external fundraising.