Ambuja Cements reports strong Q2, H1 FY'26 performance with increased capacity target

Ambuja Cements achieved a strong financial performance for Q2 and H1 FY'26. Consolidated cement volume reached 16.6 MnT in Q2 and 35.0 MnT in H1, both marking a 20% year-over-year increase. EBITDA for Q2 FY'26 stood at INR 1,060/PMT, a 32% increase YoY, while H1 FY'26 EBITDA was INR 1,064/PMT, up 30% YoY. Profit After Tax (PAT) surged 364% YoY to INR 2,302 Cr in Q2 and 159% YoY to INR 3,319 Cr in H1.

The company's target capacity has been increased by 15 MTPA to 155 MTPA by FY'28 from the earlier 140 MTPA, achievable through debottlenecking at a capex of USD 48/MT. Currently, 107 MTPA is available, with an additional 12.6 MTPA expected by the end of FY'26, bringing total available capacity to 118 MTPA. Ambuja Cement aims to achieve a total cost of approximately INR 4,000/PMT by March 2026 and further reduce it to INR 3,600-3,650/PMT by FY'28.

Strategic initiatives include the full integration of Orient, Penna, and Sanghi into Adani Cement brands, the launch of CINOC (Cement Intelligent Network Operations Centre), and a new MoU with CONCOR for rail-based bulk cement transportation. Ambuja Cements remains debt-free with a net worth of INR 69,493 Cr and maintains a Crisil AAA (stable) / Crisil A1+ rating.