Financials Ambuja Cements

Equities

AMBUJACEM

INE079A01024

Construction Materials

Market Closed - Bombay S.E. 06:00:50 2024-05-03 EDT 5-day change 1st Jan Change
622.2 INR -0.50% Intraday chart for Ambuja Cements -1.55% +19.45%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 466,726 309,165 613,068 594,105 725,654 1,532,882 - -
Enterprise Value (EV) 1 420,084 280,358 571,872 594,105 709,818 1,345,837 1,340,101 1,543,436
P/E ratio 30.5 x 17.3 x 29.5 x 29.6 x 29.3 x 56.3 x 45 x 36.7 x
Yield 0.64% 10.9% 2.04% - 0.68% 0.46% 0.49% 0.51%
Capitalization / Revenue 4 x 2.72 x 4.39 x 3.78 x 3.63 x 7.51 x 7.59 x 6.66 x
EV / Revenue 3.6 x 2.47 x 4.1 x 3.78 x 3.55 x 7.51 x 6.63 x 6.71 x
EV / EBITDA 19.5 x 10.6 x 17.8 x 24.7 x 23.2 x 40.1 x 31 x 28.7 x
EV / FCF 30.6 x 17.4 x 43.8 x - -493 x -169 x -240 x 499 x
FCF Yield 3.27% 5.75% 2.28% - -0.2% -0.59% -0.42% 0.2%
Price to Book 2.1 x 1.52 x 2.76 x - 2.55 x 3.96 x 2.9 x 2.89 x
Nbr of stocks (in thousands) 1,985,645 1,985,645 1,985,645 1,985,645 1,985,645 2,463,450 - -
Reference price 2 235.0 155.7 308.8 299.2 365.4 622.2 622.2 622.2
Announcement Date 20-02-20 21-02-18 22-02-17 23-02-07 23-05-02 24-05-01 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 116,679 113,719 139,650 157,291 199,854 179,193 202,043 230,111
EBITDA 1 21,488 26,466 32,075 24,066 30,632 33,550 43,166 53,746
EBIT 1 16,050 21,254 26,562 17,789 22,308 24,171 32,200 42,066
Operating Margin 13.76% 18.69% 19.02% 11.31% 11.16% 13.49% 15.94% 18.28%
Earnings before Tax (EBT) 1 19,480 24,144 27,852 24,117 30,550 31,074 39,364 49,178
Net income 1 15,285 17,901 20,805 20,511 25,535 23,347 30,403 38,198
Net margin 13.1% 15.74% 14.9% 13.04% 12.78% 13.03% 15.05% 16.6%
EPS 2 7.700 9.010 10.48 10.11 12.49 10.88 13.82 16.97
Free Cash Flow 1 13,726 16,131 13,062 - -1,440 -8,836 -5,582 3,096
FCF margin 11.76% 14.19% 9.35% - -0.72% -4.94% -2.76% 1.35%
FCF Conversion (EBITDA) 63.88% 60.95% 40.72% - - - - 5.76%
FCF Conversion (Net income) 89.8% 90.11% 62.78% - - - - 8.1%
Dividend per Share 2 1.500 17.00 6.300 - 2.500 2.850 3.058 3.177
Announcement Date 20-02-20 21-02-18 22-02-17 23-02-07 23-05-02 24-05-01 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 50,043 69,926 32,373 37,351 39,252 39,934 79,187 36,704 41,285 36,704 41,285 42,563 47,297 41,902 43,005 47,623 -
EBITDA 1 11,984 19,364 7,032 5,679 7,904 6,850 14,750 3,043 6,261 - 6,261 7,076 9,486 8,299 9,396 9,035 -
EBIT 1 - - 5,775 3,981 6,389 5,310 - 1,473 4,613 - - - 7,167 8,701 7,480 6,093 -
Operating Margin - - 17.84% 10.66% 16.28% 13.3% - 4.01% 11.17% - - - 15.15% 20.77% 17.39% 12.79% -
Earnings before Tax (EBT) 1 11,706 - 5,922 3,404 6,543 11,380 - 1,563 - - 4,637 6,434 8,665 8,655 9,612 7,887 9,563
Net income 1 8,525 - 4,412 2,517 4,952 10,479 - 1,379 3,690 - 3,690 5,024 6,449 5,557 6,384 5,719 7,125
Net margin 17.03% - 13.63% 6.74% 12.62% 26.24% - 3.76% 8.94% - 8.94% 11.8% 13.63% 13.26% 14.84% 12.01% -
EPS 2 4.290 - 2.220 1.270 2.490 5.280 - 0.6900 - - 1.710 - 3.070 3.020 3.275 2.700 -
Dividend per Share - - - - - - - - - - - - - - - - -
Announcement Date 20-07-24 21-07-23 21-10-26 22-02-17 22-04-28 22-07-19 22-07-19 22-10-21 23-02-07 22-10-21 23-02-07 23-05-02 23-08-02 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - 10,555
Net Cash position 1 46,642 28,807 41,196 - 15,836 38,210 192,781 -
Leverage (Debt/EBITDA) - - - - - - - 0.1964 x
Free Cash Flow 1 13,726 16,131 13,062 - -1,441 -8,836 -5,582 3,096
ROE (net income / shareholders' equity) 7.07% 8.42% 10% - 10.1% 9.17% 8.97% 9.25%
ROA (Net income/ Total Assets) 5.86% 6.82% 7.94% - - - - -
Assets 1 260,887 262,359 262,093 - - - - -
Book Value Per Share 2 112.0 102.0 112.0 - 144.0 157.0 214.0 215.0
Cash Flow per Share - - 12.40 - - - - -
Capex 1 11,178 9,855 11,601 - 21,537 46,523 51,354 51,921
Capex / Sales 9.58% 8.67% 8.31% - 10.78% 26% 25.42% 22.56%
Announcement Date 20-02-20 21-02-18 22-02-17 23-02-07 23-05-02 24-05-01 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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