Ambuja Cements Limited — Investor Meet, 10-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ambuja Cements posted strong FY'26 results with 73.7 million tonnes volume (+16% YoY), INR 6,539 Cr EBITDA (+31%), and INR 2,647 Cr PAT (+17%). Q4 volumes were muted, and costs reached INR 4,500 per tonne due to acquired assets, freight, and packing. Management is resetting growth plans, prioritizing operational efficiency, and disciplined capital allocation. The company targets an INR 250 per tonne cost reduction in FY'27 from the Q4 peak, aiming for an average of ~INR 4,250 per tonne. FY'27 volume guidance is 80 million tonnes (+8%), with capacity reaching 119 million tonnes. Management acknowledges past execution challenges and is committed to internal improvements.