Holcim's likely exit key trigger for Ambuja now; cost headwind is another day's worry
Holcim is exploring a stake sale in Ambuja Cements, in which it holds 63.19% stake. It owns a 4.48% stake in ACC. Additionally, Ambuja holds 50.05% stake in ACC. If the deal goes through, the buy-outs of Holcim?s stake would lead to mandatory open offers in both Ambuja and ACC
AMBUJA CEMENTS LTD. - 500425 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Report of the Scrutinizer dated 29th April, 2022 pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of The Companies (Management and Administration) Rules 2014 AMBUJA CEMENTS LTD. - 500425 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings and Outcome of the 39th Annual General Meeting of the Company held on 29th April, 2022 -Regulation 30 and Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') AMBUJA CEMENTS LTD. - 500425 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release - 39th AGM of Ambuja Cements Ltd. AMBUJA CEMENTS LTD. - 500425 - Intimation Under Regulation 30 Of The Listing Regulations, 2015 - Additional Role For Mr. Rajiv Gandhi, Company Secretary.
Intimation under Regulation 30 of the Listing Regulations, 2015 - Additional role for Mr. Rajiv Gandhi, Company Secretary. AMBUJA CEMENTS LTD. - 500425 - Intimation Under Regulation 30 Of The Listing Regulations, 2015 - Additional Role For Mr. Rajiv Gandhi, Company Secretary.
Intimation under Regulation 30 of the Listing Regulations, 2015 - Additional role for Mr. Rajiv Gandhi, Company Secretary. AMBUJA CEMENTS LTD. - 500425 - Reply To Your Clarification Letter Dated 27Th April, 2022
Reply to your clarification letter dated 27th April, 2022 AMBUJA CEMENTS LTD. - 500425 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on the Financial Results for the quarter ended 31st March, 2022. AMBUJA CEMENTS LTD. - 500425 - Announcement under Regulation 30 (LODR)-Change in Directorate
Revised Intimation under Regulation 30 of SEBI Listing Regulations - Change in Director Q4FY22 Quarterly Result Announced for Ambuja Cements Ltd.
Ambuja Cements announced Q4FY22 results: Standalone: Net sales growth of 8% and volume growth of 3% Recently commissioned Marwar cement plant at Rajasthan , operating at full scale Board approval for Waste Heat Recovery project at Ambujanagar and Maratha. Total capacity to reach 87 MW EBITDA at Rs 790 Crore, impacted by significant rise in fuel prices, partly mitigated by strong delivery of efficiency programs under 'I CAN' Consolidated: Net Sales during the quarter increased to Rs 3,855 Crore compared to Rs 3,579 Crore in the corresponding quarter of the previous year, resulting in a growth of 8% On the cost, freight cost per ton declined 5% year on year supported by logistics efficiencies. Despite this gain, total operating cost per ton rose by 15%, due to increased fuel costs EBITDA during the quarter is Rs 790 Crore and Operating EBIT is Rs 639 Crore Mr. Neeraj Akhoury, CEO, Holcim India and Managing Director & Chief Executive Officer, Ambuja Cements Limited said:"We are focused to be the most innovative and sustainable company by offering advanced environment-friendly construction products to our customers. The India Strategy 2025 for both Ambuja and ACC is under execution. Under this plan we will realise industry leading position in cost excellence, asset optimization and sustainability. Our new Marwar cement plant is now operating at full capacity. Our additional cement capacity expansions of around 9 million tons at Ropar and Bhatapara are on track. Our plan is to grow Cement capacity to 100 million tons per annum. Ambuja has recorded robust top-line growth of 8%. Our market focused strategies are driving this performance. Ambuja Kawach, our green cement, has demonstrated growth of 66% year on year. Ambuja Cements has been ranked as India's Most Trusted Cement Brand in 2022 by TRA Research. The January to March 2022 quarter was impacted by rising fuel prices due to which EBITDA during the quarter was lower by 19%. This was partly mitigated by boosting efficiencies under our flagship 'I CAN' program. Supported by the Master Supply Agreement with ACC we further reduced our logistics costs. The ongoing and new investments in the Waste Heat Recovery Systems approved by the Board will support our efficiency initiatives and lead to the delivery of our sustainability goals." Result PDF