Ambuja Cements Limited — Investor Meet, 04-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ambuja Cements delivered robust Q3 FY'26 results: highest quarterly revenue of INR10,277 crore (+20% YoY) and sales volume of 18.9 million tons (+17% YoY). Normalized PAT surged 258% to INR378 crore, with EBITDA up 53% to INR1,353 crore, at INR718/ton. Q3 cost/ton was INR4,500 due to one-off items, but December exit was below INR4,000, affirming the INR3,650/ton target by March '28. The "One Cement Platform" amalgamation is progressing, targeting 115 million tons capacity by FY'26 end and 155 million tons by March '28. Acquired asset utilization improved, aiming for 80%. Management is confident in double-digit volume growth and cost leadership.