Ambuja Cements released its investor presentation on February 4, 2026, outlining the company’s growth strategy, investment highlights, and commitment to ESG. Key priorities include increasing capacity to 155 MTPA by March 2028, and leveraging synergies with Adani’s infrastructure ecosystem. Ambuja Cements aims for cost leadership and sustainability through innovation and strategic investments.
India’s Cement Sector Opportunity
India’s real GDP grew at 6.5% in FY25 and is estimated to grow at 7.4% in FY26. Ambuja Cements is targeting a developed economy by 2047, with a nominal growth rate of 10-11%. Rapid urbanization and rising consumption will drive infrastructure growth. There’s also a focus on decarbonization and self-reliance.
Strategic Advantages and Synergies
Cement consumption per capita has a strong correlation with GDP. India’s cement consumption per capita has significant growth potential. Urban rise, income surge, and government capex will drive more construction. Government policy supports and tailwinds will propel growth. The company will strengthen corporate governance by adding independent directors. The target is to be a debt-free company.
Operational Performance and Future Outlook
9MFY’26 saw a cement volume of 53.8 MTPA, revenue from operations of $3,307 Mn and EBITDA of $564 Mn. The company delivered an EBITDA per tonne of $10.50. As of September 2025, total equity stood at $7,728 Mn. Ambuja is targeting an EBITDA of $17 per tonne by exit of March 2028.
Capacity and Sustainability Initiatives
Capacity expansion is a key priority, aiming for 115 MTPA by March 2026 and 155 MTPA by March 2028. The company is committed to sustainability with initiatives in climate and energy, circular economy, and water & nature. They will pursue an Al-first platform and ERP backbone to power scalable, efficient, future-ready operations.
Ambuja’s Path to the Future
Ambuja Cements remains focused on several key areas to maintain sustainable growth, including but not limited to: capacity expansion and operational efficiencies, focus on strong brand equity and product diversification, embracing innovative and future-ready technologies, and the continued pursuit of leadership in the ESG domain.
Source: BSE
