- Total income
- ₹42,751 Cr
- Profit
- ₹4,167 Cr

About Ambuja Cements Limited
Data last updated:
Ambuja Cements Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Holderind Investments Limitec. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 20 October 1981 and has been in existence for over 45 years.
Ambuja Cements is ranked #71 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Gautam Adani and family are #1 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L26942GJ1981PLC004717. Its GSTIN is 24AAACG0569P1ZD (Gujarat). The company holds 25 GST registrations, of which 19 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500425 and NSE: AMBUJACEM.
The company has an authorised share capital of ₹10,904 Cr and a paid-up capital of ₹496.96 Cr. It was formerly known as Ambuja Cements Private Limited and Gujarat Ambuja Cements Ltd. It is led by directors including Vinod Bahety (Whole-Time Director) and Gautam Shantilal Adani.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹40,656 Cr, a growth of 15.1% compared to the previous year. For the same year it recorded a net profit of ₹5,048.65 Cr (net margin 12.4%) and EBITDA of ₹6,238.4 Cr (EBITDA margin 15.3%). The net worth stands at ₹59,347 Cr (up 10.8% YoY). Total assets are valued at ₹73,244 Cr (up 12.4% YoY).
The company has about 4,172 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries and 2 joint ventures.
The company is associated with 2 brands: QMSIL and Ambuja Cements. As per MCA filings, the company has satisfied charges of ₹1,902.66 Cr on record. Court records list 1,661 cases involving the company, including 1,039 filed by the company and 623 filed against it; 291 cases are pending. The company has 53 deals on record (44 market trades, 3 acquisitions, 3 secondary share transfers), with disclosed funding of ₹27,021 Cr; the latest was in February 2025. Its 3 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 2 smaller; the largest is Ultratech Cement Limited with revenue of ₹76,699 Cr. The company has 29 MSME Form 1 returns on record between 2015 and 2024, listing 3,816 overdue payments to 785 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ambujacement.com.
Company details
Name history
Ambuja Cements has undergone 2 name changes throughout its history. The company was previously known as Ambuja Cements Private Limited, and Gujarat Ambuja Cements Ltd. The current legal name is Ambuja Cements Limited.
| Company Name | Status |
|---|---|
| Ambuja Cements Limited | Current |
| Ambuja Cements Private Limited | Previous |
| Gujarat Ambuja Cements Ltd | Previous |
Recognitions & Rankings of Ambuja Cements
- Valuation
- ₹1,40,670 Cr
- #1 Gautam Adani & family ₹9,22,800 Cr
Contact details
Ambuja Cements Limited's registered office is in Ahmedabad, Gujarat. Its website is ambujacement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishnav Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Ambuja Cements Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ambuja Cements operates two associated brands: QMSIL and Ambuja Cements. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers consulting, training, and inspections for quality standards, safety audits, and IT solutions. | qmsil.co.in | |
| Cement and building materials are manufactured by Ambuja Cements. | ambujacement.com |
Business activity
The main business activity of Ambuja Cements is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ambuja Cements Limited, buy the company report.
Financials of Ambuja Cements Limited
FY 2025-26 filings availableAmbuja Cements Limited reported revenue of ₹40,656 Cr (up 15.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40,656 | 35,336 | 37,288 | 44,057 | 33,308 | 24,516 | 27,104 |
| Revenue growth | +15.1% | -5.2% | -15.4% | - | +35.9% | -9.6% | - |
| EBITDA | 6,238 | 5,949 | 6,386 | 4,803 | 6,090 | 4,830 | 4,597 |
| EBITDA margin | +15.3% | +16.8% | +17.1% | +10.9% | +18.3% | +19.7% | +17.0% |
| Profit before tax | 3,299 | 6,104 | 5,896 | 3,729 | 5,164 | 3,992 | 3,875 |
| Net profit | 5,049 | 4,272 | 3,313 | 2,823 | 2,867 | 2,479 | 2,093 |
| Net profit margin | +12.4% | +12.1% | +8.9% | +6.4% | +8.6% | +10.1% | +7.7% |
| EPS (₹) | 19.13 | 17.47 | 16.26 | 10.41 | 14.00 | 11.91 | 10.55 |
| Balance sheet | |||||||
| Total assets | 73,244 | 65,145 | 51,798 | 39,581 | - | - | - |
| Net worth | 59,347 | 53,579 | 41,452 | 31,698 | - | - | - |
| Total debt | 866 | 788 | 699 | 523 | - | - | - |
| Cash & bank | 959 | 6,172 | 10,363 | 2,961 | - | - | - |
| Net working capital | 819 | 4,085 | 11,260 | 7,810 | - | - | - |
| Cash flow | |||||||
| Cash from operations | 5,362 | 2,237 | 5,646 | 735 | - | - | - |
| Cash from investing | (7,935) | (7,529) | (8,941) | (14,481) | - | - | - |
| Cash from financing | (1,629) | 5,592 | 5,689 | 2,931 | - | - | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,500 | 10,916 | 10,277 | 9,174 | 10,289 | 9,981 | 9,411 | 7,552 |
| Revenue growth (YoY) | -7.7% | +9.4% | +9.2% | +21.5% | +22.6% | - | - | - |
| Other income | 174 | 239 | 92.45 | 261 | 300 | 713 | 1,355 | 376 |
| EBITDA | 1,565 | 1,362 | 1,338 | 1,538 | 1,961 | 1,868 | 1,712 | 955 |
| EBITDA margin | +16.5% | +12.5% | +13.0% | +16.8% | +19.1% | +18.7% | +18.2% | +12.6% |
| Depreciation | 834 | 1,053 | 911 | 885 | 767 | 694 | 607 | 520 |
| Interest | 57.00 | 21.00 | 58.85 | 76.82 | 67.00 | 14.29 | 66.99 | 66.85 |
| Profit before tax | 848 | 527 | 460 | 838 | 1,427 | 1,872 | 2,393 | 744 |
| Tax | 188 | (1,330) | 57.53 | (1,465) | 386 | 521 | (270) | 248 |
| Net profit | 660 | 1,857 | 403 | 2,302 | 1,041 | 1,351 | 2,663 | 496 |
| EPS (₹) | 2.32 | 7.37 | 0.97 | 7.15 | 3.53 | 4.16 | 8.59 | 1.95 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 25,062 | 21,263 | 19,795 | 22,329 | 15,909 | 12,724 | 11,668 |
| Revenue growth | +17.9% | +7.4% | -11.4% | - | +25.0% | +9.1% | - |
| EBITDA | 2,609 | 2,877 | 3,355 | 3,063 | 3,149 | 2,647 | 2,149 |
| EBITDA margin | +10.4% | +13.5% | +17.0% | +13.7% | +19.8% | +20.8% | +18.4% |
| Profit before tax | 1,167 | 2,920 | 3,107 | 3,055 | 2,788 | 2,414 | 1,948 |
| Net profit | 3,910 | 2,927 | 2,263 | 2,666 | 2,132 | 1,789 | 1,527 |
| Net profit margin | +15.6% | +13.8% | +11.4% | +11.9% | +13.4% | +14.1% | +13.1% |
| EPS (₹) | 14.40 | 11.51 | 10.62 | 12.86 | 10.49 | 9.02 | 7.70 |
| Balance sheet | |||||||
| Total assets | 53,693 | 49,552 | 37,766 | 29,578 | - | - | - |
| Net worth | 52,558 | 48,960 | 37,006 | 28,506 | - | - | - |
| Total debt | 833 | 487 | 664 | 949 | - | - | - |
| Cash & bank | 253 | 4,377 | 8,127 | 2,533 | - | - | - |
| Net working capital | (5,500) | 1,419 | 8,048 | 5,139 | - | - | - |
| Cash flow | |||||||
| Cash from operations | 6,847 | 1,001 | 2,757 | 2,010 | - | - | - |
| Cash from investing | (9,393) | (6,305) | (7,603) | (9,327) | - | - | - |
| Cash from financing | (1,116) | 6,140 | 5,697 | 3,612 | - | - | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,328 | 6,974 | 6,351 | 5,150 | 6,148 | 6,619 | 5,082 | 4,229 |
| Revenue growth (YoY) | +2.9% | +5.4% | +25.0% | +21.8% | +35.1% | - | - | - |
| Other income | 235 | 233 | 66.20 | 107 | 447 | 402 | 772 | 265 |
| Total expenses | 5,393 | 6,423 | 5,860 | 4,668 | 5,124 | 5,554 | 4,481 | 3,548 |
| EBITDA | 935 | 551 | 491 | 482 | 1,024 | 1,065 | 601 | 681 |
| EBITDA margin | +14.8% | +7.9% | +7.7% | +9.4% | +16.7% | +16.1% | +11.8% | +16.1% |
| Depreciation | 468 | 597 | 521 | 254 | 445 | 518 | 253 | 240 |
| Interest | 76.00 | 5.00 | 75.01 | 50.04 | 38.00 | 8.40 | 35.46 | 32.26 |
| Profit before tax | 626 | 182 | (38.43) | 285 | 988 | 941 | 1,084 | 673 |
| Tax | 122 | (1,462) | 2.42 | (1,103) | 191 | 386 | (674) | 173 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,500 | 10,916 | 10,277 | 9,174 | 10,289 | 9,981 | 9,411 | 7,552 |
| Revenue growth (YoY) | -7.7% | +9.4% | +9.2% | +21.5% | +22.6% | - | - | - |
| Other income | 174 | 239 | 92.45 | 261 | 300 | 713 | 1,355 | 376 |
| EBITDA | 1,565 | 1,362 | 1,338 | 1,538 | 1,961 | 1,868 | 1,712 | 955 |
| EBITDA margin | +16.5% | +12.5% | +13.0% | +16.8% | +19.1% | +18.7% | +18.2% | +12.6% |
| Depreciation | 834 | 1,053 | 911 | 885 | 767 | 694 | 607 | 520 |
| Interest | 57.00 | 21.00 | 58.85 | 76.82 | 67.00 | 14.29 | 66.99 | 66.85 |
| Profit before tax | 848 | 527 | 460 | 838 | 1,427 | 1,872 | 2,393 | 744 |
| Tax | 188 | (1,330) | 57.53 | (1,465) | 386 | 521 | (270) | 248 |
| Net profit | 660 | 1,857 | 403 | 2,302 | 1,041 | 1,351 | 2,663 | 496 |
| EPS (₹) | 2.32 | 7.37 | 0.97 | 7.15 | 3.53 | 4.16 | 8.59 | 1.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 40,656 | 35,336 | 37,288 | 44,057 | 33,308 | 24,516 | 27,104 |
| Revenue growth | +15.1% | -5.2% | -15.4% | - | +35.9% | -9.6% | - |
| Other income | 854 | 2,667 | 1,415 | 766 | 373 | 464 | 601 |
| Total expenses | 34,417 | 29,387 | 30,902 | 39,254 | 27,218 | 19,687 | 22,507 |
| Employee cost | 1,603 | 1,403 | 1,353 | 1,857 | 1,529 | 1,540 | 1,571 |
| EBITDA | 6,238 | 5,949 | 6,386 | 4,803 | 6,090 | 4,830 | 4,597 |
| EBITDA margin | +15.3% | +16.8% | +17.1% | +10.9% | +18.3% | +19.7% | +17.0% |
| Depreciation | 3,570 | 2,297 | 1,628 | 1,645 | 1,152 | 1,162 | 1,153 |
| Interest | 224 | 216 | 276 | 195 | 146 | 140 | 170 |
| Profit before tax | 3,299 | 6,104 | 5,896 | 3,729 | 5,164 | 3,992 | 3,875 |
| Tax | (2,338) | 810 | 1,161 | 705 | 1,453 | 885 | 1,092 |
| Net profit | 5,049 | 4,272 | 3,313 | 2,823 | 2,867 | 2,479 | 2,093 |
| Net profit margin | +12.4% | +12.1% | +8.9% | +6.4% | +8.6% | +10.1% | +7.7% |
| EPS (₹) | 19.13 | 17.47 | 16.26 | 10.41 | 14.00 | 11.91 | 10.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 494 | 493 | 440 | 397 | - | - | - |
| Reserves & surplus | 58,850 | 53,086 | 38,232 | 26,301 | - | - | - |
| Shareholders' funds (net worth) | 59,347 | 53,579 | 41,452 | 31,698 | - | - | - |
| Minority interest | 12,499 | 10,368 | 9,391 | 7,058 | - | - | - |
| Secured loans | 52.78 | 26.82 | 36.78 | 47.71 | - | - | - |
| Unsecured loans | 813 | 762 | 662 | 475 | - | - | - |
| Total debt | 866 | 788 | 699 | 523 | - | - | - |
| Total liabilities | 73,244 | 65,145 | 51,798 | 39,581 | - | - | - |
| Assets | |||||||
| Gross block | 74,279 | 55,374 | 42,406 | 32,336 | - | - | - |
| Net block | 58,263 | 42,766 | 32,194 | 23,551 | - | - | - |
| Capital work in progress | 9,121 | 9,858 | 2,658 | 2,526 | - | - | - |
| Investments | 113 | 1,912 | 849 | 214 | - | - | - |
| Inventories | 4,552 | 4,248 | 3,609 | 3,273 | - | - | - |
| Sundry debtors | 1,868 | 1,590 | 1,190 | 1,154 | - | - | - |
| Cash & bank balances | 959 | 6,172 | 10,363 | 2,961 | - | - | - |
| Loans & advances | 6,337 | 5,603 | 8,047 | 11,861 | - | - | - |
| Total current assets | 13,716 | 17,614 | 23,208 | 19,249 | - | - | - |
| Total current liabilities | 12,897 | 13,529 | 11,948 | 11,440 | - | - | - |
| Net working capital | 819 | 4,085 | 11,260 | 7,810 | - | - | - |
| Total assets | 73,244 | 65,145 | 51,798 | 39,581 | - | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5,095 | 4,743 | 614 | 11,359 | - | - | - |
| Net cash from operating activities | 5,362 | 2,237 | 5,646 | 735 | - | - | - |
| Net cash from investing activities | (7,935) | (7,529) | (8,941) | (14,481) | - | - | - |
| Net cash from financing activities | (1,629) | 5,592 | 5,689 | 2,931 | - | - | - |
| Net change in cash | (4,203) | 301 | 2,394 | (10,815) | - | - | - |
| Closing cash | 959 | 6,172 | 10,363 | 2,961 | - | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.1% | -5.2% | -15.4% | - | +35.9% | -9.6% | - |
| EBITDA growth | +4.9% | -6.8% | +33.0% | - | +26.1% | +5.1% | - |
| PBT growth | -46.0% | +3.5% | +97.6% | -42.2% | +29.4% | +3.0% | +32.8% |
| Net income growth | +18.2% | +29.0% | +17.3% | - | +15.6% | +18.5% | - |
| Revenue CAGR (3Y) | -2.6% | +1.8% | +13.8% | +16.1% | +8.6% | +1.3% | +10.5% |
| EBITDA CAGR (3Y) | +9.1% | -0.7% | +9.0% | +1.4% | +16.4% | +7.8% | +13.5% |
| Profitability & leverage | |||||||
| Net income margin | +13.9% | +15.0% | +12.7% | +6.9% | +11.1% | +12.7% | +10.3% |
| Return on capital employed | +6.7% | +13.0% | +16.5% | +10.7% | +21.4% | +17.2% | +17.2% |
| Return on net worth | +10.6% | +11.1% | +13.0% | +8.5% | +15.4% | +13.3% | +12.0% |
| Debt / equity | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 |
| Interest cover | 8.38 | 5.91 | 5.81 | 6.17 | 2.95 | 3.82 | 4.93 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.63 | 0.72 | 1.00 | 1.14 | 1.19 | 0.94 | 1.08 |
| Inventory turnover | 9.24 | 9.00 | 10.84 | 11.73 | 15.19 | 13.09 | 10.72 |
| Debtors turnover | 23.51 | 25.42 | 31.82 | 39.75 | 56.44 | 30.09 | 22.84 |
| EPS (₹) | 19.13 | 17.47 | 16.26 | 10.41 | 14.00 | 11.91 | 10.55 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.50 | 6.30 | 18.00 | 1.50 |
| Book value per share (₹) | 240.09 | 217.53 | 175.97 | 134.46 | 127.68 | 114.61 | 121.26 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,328 | 6,974 | 6,351 | 5,150 | 6,148 | 6,619 | 5,082 | 4,229 |
| Revenue growth (YoY) | +2.9% | +5.4% | +25.0% | +21.8% | +35.1% | - | - | - |
| Other income | 235 | 233 | 66.20 | 107 | 447 | 402 | 772 | 265 |
| Total expenses | 5,393 | 6,423 | 5,860 | 4,668 | 5,124 | 5,554 | 4,481 | 3,548 |
| EBITDA | 935 | 551 | 491 | 482 | 1,024 | 1,065 | 601 | 681 |
| EBITDA margin | +14.8% | +7.9% | +7.7% | +9.4% | +16.7% | +16.1% | +11.8% | +16.1% |
| Depreciation | 468 | 597 | 521 | 254 | 445 | 518 | 253 | 240 |
| Interest | 76.00 | 5.00 | 75.01 | 50.04 | 38.00 | 8.40 | 35.46 | 32.26 |
| Profit before tax | 626 | 182 | (38.43) | 285 | 988 | 941 | 1,084 | 673 |
| Tax | 122 | (1,462) | 2.42 | (1,103) | 191 | 386 | (674) | 173 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 25,062 | 21,263 | 19,795 | 22,329 | 15,909 | 12,724 | 11,668 |
| Revenue growth | +17.9% | +7.4% | -11.4% | - | +25.0% | +9.1% | - |
| Other income | 766 | 1,726 | 853 | 952 | 281 | 372 | 427 |
| Total expenses | 22,453 | 18,386 | 16,440 | 19,266 | 12,759 | 10,077 | 9,519 |
| Employee cost | 692 | 671 | 587 | 800 | 681 | 669 | 673 |
| EBITDA | 2,609 | 2,877 | 3,355 | 3,063 | 3,149 | 2,647 | 2,149 |
| EBITDA margin | +10.4% | +13.5% | +17.0% | +13.7% | +19.8% | +20.8% | +18.4% |
| Depreciation | 2,035 | 1,554 | 938 | 832 | 552 | 521 | 544 |
| Interest | 173 | 129 | 162 | 128 | 91.00 | 83.05 | 83.52 |
| Profit before tax | 1,167 | 2,920 | 3,107 | 3,055 | 2,788 | 2,414 | 1,948 |
| Tax | (2,391) | 85.38 | 773 | 502 | 705 | 624 | 419 |
| Net profit | 3,910 | 2,927 | 2,263 | 2,666 | 2,132 | 1,789 | 1,527 |
| Net profit margin | +15.6% | +13.8% | +11.4% | +11.9% | +13.4% | +14.1% | +13.1% |
| EPS (₹) | 14.40 | 11.51 | 10.62 | 12.86 | 10.49 | 9.02 | 7.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 494 | 493 | 440 | 397 | - | - | - |
| Reserves & surplus | 52,064 | 48,467 | 33,787 | 23,108 | - | - | - |
| Shareholders' funds (net worth) | 52,558 | 48,960 | 37,006 | 28,506 | - | - | - |
| Secured loans | 14.37 | 26.82 | 36.78 | 47.71 | - | - | - |
| Unsecured loans | 819 | 460 | 627 | 902 | - | - | - |
| Total debt | 833 | 487 | 664 | 949 | - | - | - |
| Total liabilities | 53,693 | 49,552 | 37,766 | 29,578 | - | - | - |
| Assets | |||||||
| Gross block | 36,969 | 29,859 | 13,850 | 12,823 | - | - | - |
| Net block | 28,416 | 23,267 | 8,803 | 8,620 | - | - | - |
| Capital work in progress | 5,004 | 5,741 | 1,548 | 842 | - | - | - |
| Investments | 21,570 | 14,721 | 14,058 | 11,776 | - | - | - |
| Inventories | 2,471 | 2,308 | 1,590 | 1,639 | - | - | - |
| Sundry debtors | 1,198 | 1,039 | 693 | 565 | - | - | - |
| Cash & bank balances | 253 | 4,377 | 8,127 | 2,533 | - | - | - |
| Loans & advances | 2,789 | 2,355 | 3,731 | 6,509 | - | - | - |
| Total current assets | 6,711 | 10,080 | 14,142 | 11,247 | - | - | - |
| Total current liabilities | 12,211 | 8,661 | 6,094 | 6,108 | - | - | - |
| Net working capital | (5,500) | 1,419 | 8,048 | 5,139 | - | - | - |
| Total assets | 53,693 | 49,552 | 37,766 | 29,578 | - | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3,883 | 1,136 | 285 | 3,991 | - | - | - |
| Net cash from operating activities | 6,847 | 1,001 | 2,757 | 2,010 | - | - | - |
| Net cash from investing activities | (9,393) | (6,305) | (7,603) | (9,327) | - | - | - |
| Net cash from financing activities | (1,116) | 6,140 | 5,697 | 3,612 | - | - | - |
| Net change in cash | (3,661) | 836 | 852 | (3,706) | - | - | - |
| Closing cash | 253 | 4,377 | 8,127 | 2,533 | - | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.9% | +7.4% | -11.4% | - | +25.0% | +9.1% | - |
| EBITDA growth | -9.3% | -14.3% | +9.5% | - | +19.0% | +23.2% | - |
| PBT growth | -60.0% | -6.0% | +1.7% | +9.6% | +15.5% | +23.9% | +29.3% |
| Net income growth | +33.6% | +29.3% | -15.1% | - | +19.2% | +17.2% | - |
| Revenue CAGR (3Y) | +3.9% | +10.2% | +15.9% | +24.2% | +11.9% | +6.8% | +8.3% |
| EBITDA CAGR (3Y) | -5.2% | -3.0% | +8.2% | +12.5% | +21.4% | +10.9% | +8.3% |
| Profitability & leverage | |||||||
| Net income margin | +14.2% | +13.3% | +11.8% | +11.4% | +13.1% | +14.1% | +13.1% |
| Return on capital employed | +3.3% | +7.0% | +9.7% | +10.8% | +13.3% | +11.6% | +9.4% |
| Return on net worth | +7.7% | +6.6% | +7.1% | +9.0% | +9.8% | +8.4% | +7.1% |
| Debt / equity | 0.01 | 0.01 | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 |
| Interest cover | 30.07 | 9.75 | 6.71 | 5.74 | 3.50 | 3.91 | 5.20 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.75 | 0.97 | 1.48 | 1.74 | 1.61 | 1.52 | 1.68 |
| Inventory turnover | 10.49 | 10.91 | 12.26 | 13.62 | 14.39 | 14.96 | 11.78 |
| Debtors turnover | 22.40 | 24.54 | 31.47 | 39.53 | 65.44 | 36.11 | 26.72 |
| EPS (₹) | 14.40 | 11.51 | 10.62 | 12.86 | 10.49 | 9.02 | 7.70 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.50 | 6.30 | 18.00 | 1.50 |
| Book value per share (₹) | 212.63 | 198.77 | 155.74 | 118.38 | 111.83 | 102.31 | 111.83 |
To see the full year-wise statements and ratios of Ambuja Cements Limited, buy the company report.
Board of directors of Ambuja Cements Limited
Ambuja Cements has 8 current directors and 47 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Bahety | Whole-Time Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Gautam Shantilal Adani | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Karan Gautam Adani Also directs: Adani Ports and Special Economic Zone Limited, Adani Infracon LLP, Acc Limited and 1 more | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Rajnish Kumar | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Purvi Sheth Also directs: Kirloskar Oil Engines Limited, Shoppers Stop Limited, Kirloskar Industries Limited and 5 more | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Ameetkumar Hiranyakumar Desai | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Ambuja Cements Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultratech Cement Limited | ₹76,699 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Ambuja Cements Limitedthis company | ₹40,656 Cr (FY 2026) | ₹5,048.65 Cr | 12.4% | 15.1% | 4,172 | Ahmedabad, Gujarat, India |
| Acc Limited | ₹22,835 Cr (FY 2025) | 12.0% | Gandhinagar, Gujarat, India | |||
| Shree Cement Limited | ₹19,872 Cr (FY 2025) | -5.0% | Beawar, Rajasthan, India |
To see the full peer comparison of Ambuja Cements Limited, buy the company report.
Auditor
Ambuja Cements Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 67.30%, foreign institutional investors hold 5.60%, domestic institutional investors hold 19.70% and retail and other public shareholders hold 7.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 67.30% | 67.70% | 67.70% | 67.70% |
| Public | 32.70% | 32.30% | 32.30% | 32.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2006 | 80014404 | Uti Bank Ltd | ₹100 Cr | Satisfied | |
| 16 Jun 2003 | 90209304 | Standard Chartered Bank | ₹1 Cr | Satisfied | |
| 05 Jun 2003 | 80014865 | Uti Bank | ₹125 Cr | Satisfied | |
| 26 Mar 2003 | 80038587 | Development Credit Bank Limited | ₹50 Cr | Satisfied | |
| 26 Mar 2003 | 80038593 | Citibank N.A. | ₹100 Cr | Satisfied |
To see the full charge records of Ambuja Cements Limited, buy the company report.
Total charge records: 70 View all charges
Deals & funding
Ambuja Cements Limited has 53 deals on record (44 market trades, 3 acquisitions, 3 secondary share transfers), with disclosed funding of ₹27,021 Cr; the latest was in February 2025.
Deals on record (5 of 53)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Market trade | ₹24.55 Cr | Buyer: Pi Opportunities Aif V LLP Seller: Premjiinvest |
| Nov 2024 | Market trade | ₹167.79 Cr | Buyer: Pi Opportunities Aif V LLP Seller: Premjiinvest |
| Aug 2024 | Market trade | ₹4,250.65 Cr | Buyer: Gqg Partners Emerging Markets Equity Fund, National Pension System (Nps) Trust, Sbi Life Insurance Company Limited Seller: Holderind Investments Limited |
| Sep 2007 | Market trade | ₹1,848 Cr | Buyer: Holdering Investment Ltd Seller: Radha Madhav Investments Private Limited , Rkbk Fiscal Services Pvt Ltd |
| Nov 2006 | Market trade | ₹1,370 Cr | Buyer: Holderind Investment Ltd Seller: Radha Madhav Investments Private Limited , Rkbk Fiscal Services Private Limited |
To see the full deal history of Ambuja Cements Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ambuja Cements Limited has 1,661 court cases on record: 1,039 filed by Ambuja Cements, 623 filed against it. 291 cases are pending and 1,370 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1,177 | 342 | 171 |
| District courts | 394 | 224 | 105 |
| Supreme Court | 69 | 40 | 8 |
| NCLAT | 18 | 16 | 6 |
| NCLT | 3 | 1 | 1 |
Cases on record (5 of 1,661)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company by M/S Ess Ess Technofabs Private Limited | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Super Handlers Private Limited and 1 other | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against JSW Cement Limited & Anr. | Pending |
| District court, Raigad, Maharashtra | Court case (Civil M.A.) | Filed by the company against PNP Maritime Services Private Limited and Ors 2 | Pending |
| Allahabad High Court | Court case (ARCO) | Filed by the company against Uttar Pradesh Power Corporation Limited (Uppcl) | Disposed |
To see the full case history of Ambuja Cements Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Ambuja Cements Limited was last rated by Crisil on 23 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Nov 2020 |
To see the full credit ratings and regulatory alerts of Ambuja Cements Limited, buy the company report.
MSME payment delays
Ambuja Cements Limited has 29 MSME Form 1 returns on record between 2015 and 2024, listing 3,816 overdue payments to 785 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 785)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| New Tower Process | |||
| Turbo Engineering Services (Tes) Private Limited | |||
| Motherson Air Travel Agencies Limited | |||
| NNB Paper Products Private Limited |
To see the full MSME payment records of Ambuja Cements Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ambuja Cements has 10 subsidiary companies and 2 joint ventures. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sanghi Industries Limited | L18209TG1985PLC005581 | |
| Acc Limited | L26940GJ1936PLC149771 | |
| Chemical Limes Mundwa Private Limited | U14107GJ2007PTC061529 | |
| Ambuja Concrete North Private Limited | U23952GJ2023PTC144662 | |
| Ambuja Concrete West Private Limited | U23952GJ2023PTC144827 | |
| M G T Cements Private Limited | U26943GJ1990PTC061530 |
To see the full group structure of Ambuja Cements Limited, buy the company report.
Employees & EPFO
Ambuja Cements Limited has a workforce of 4,172 employees on its EPFO records as of Apr 01, 2024, across 16 active EPFO establishments.
GST
Ambuja Cements has 25 GST registrations: 19 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG0569P1ZD | Gujarat | Active | 01 Jul 2017 |
| 02AAACG0569P1ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
| 04AAACG0569P1ZF | Chandigarh | Active | 01 Jul 2017 |
| 05AAACG0569P1ZD | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ambuja Cements Limited, buy the company report.
Recent activity
Ambuja Cements Limited has 96 board changes on record since 1982: 53 appointments and 43 cessations. The latest: Mangalam Ramasubramanian Kumar ceased to be Nominee Director on 15 Sep 2025.
267 earlier events are in the company report.
News
Frequently asked questions
Ambuja Cements is an active public limited company based in Ahmedabad, Gujarat, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 20 October 1981 (45+ years old) and is registered under CIN L26942GJ1981PLC004717. Listed on BSE: 500425 and NSE: AMBUJACEM.
Ambuja Cements reported revenue of ₹40,656 Cr for FY 2025-26 (up 15.1% YoY) based on consolidated financials.
Ambuja Cements has 8 current directors:
- Vinod Bahety - Whole-Time Director
- Gautam Shantilal Adani - Director
- Karan Gautam Adani - Director
- Rajnish Kumar - Director
- Purvi Sheth - Director
- Ameetkumar Hiranyakumar Desai - Director
- Maheswar Sahu - Director
- Praveen Garg - Director
The latest financial statements of Ambuja Cements on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ambuja Cements is 24AAACG0569P1ZD, registered in Gujarat. The company has 25 GST registrations in all, of which 19 are active and 6 are cancelled or inactive. Other active GSTINs include 02AAACG0569P1ZJ (Himachal Pradesh), 04AAACG0569P1ZF (Chandigarh), 05AAACG0569P1ZD (Uttarakhand).
The CIN (Corporate Identification Number) of Ambuja Cements is L26942GJ1981PLC004717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ambuja Cements is a listed company as per MCA records. Its shares are listed on both BSE (code: 500425) and NSE (symbol: AMBUJACEM).
Ambuja Cements has 1,661 court cases on record: 1,039 filed by the company and 623 filed against it. 291 are pending. Most are in the high courts.
Ambuja Cements was incorporated on 20 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ambuja Cements has 53 deals on record (44 market trades, 3 acquisitions, 3 secondary share transfers), with disclosed funding of ₹27,021 Cr; the latest was in February 2025.
The peers of Ambuja Cements by revenue are Ultratech Cement Limited, Acc Limited, Shree Cement Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Mangalam Ramasubramanian Kumar ceased to be Nominee Director on 15 Sep 2025. Rakesh Kumar Tiwary was appointed as CFO on 26 Apr 2025. Praveen Garg was appointed as Director on 01 Apr 2025. Ambuja Cements has 96 board changes on record in total.