Ambuja Cements

    AMBUJACEM
    Infra
    ₹391.85
    price as of 11/9/2026, 5:28:00 pm

    Market cap ₹97,368 Cr

    P/E
    21.96
    Day range
    ₹387.65 – ₹393.55
    52-week range
    ₹387.65 – ₹600.80
    Volume
    13.10 L
    Open
    ₹393.00
    Prev close
    ₹395.60
    Promoters pledged 2.5% of their shares
    52-week range, adjusted for splits and bonuses
    ₹394₹600.8
    23 Mar 202622 Sept 2025
    Index membership & F&O
    NIFTY NEXT 50NIFTY 100NIFTY 200NIFTY 500F&O lot 1,200

    Price history

    6M change -14.41%RSI (14) 31.2 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 38.7% today vs 47.3% average · BSE close ₹391

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹375₹400₹425₹450₹4750%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹394.2
    Change
    -0.48%
    Basis over spot
    +₹2.38
    Futures OI (shares)
    9.17 Cr
    OI change
    -0.08%
    Put-call ratio
    0.62
    Max pain
    ₹410
    Resistance (call OI)
    ₹410
    Support (put OI)
    ₹400
    Lot size
    1,200

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    35036037038039040041042043044045046047048049008.5 L17.0 L25.5 L34.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    23.3
    EPS (TTM)
    ₹17.92
    Price / Book
    1.66
    ROE (FY26)
    10.0%
    ROCE (latest year)
    6%
    Dividend yield
    0.50%
    Net margin (TTM)
    13.2%
    Current ratio
    1.05
    Debt / Equity
    0.01

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹403.21Price below₹408.02Price below₹412.68Price below₹424.71Price below₹431.06Price below₹472.33Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +1.5%
    Profit 3Y CAGR
    +23.1%
    Revenue YoY (Jun 2026)
    -7.7%
    Profit YoY (Jun 2026)
    -36.6%
    Operating margin
    17.0%
    Net margin
    6.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr3.0K Cr6.0K Cr9.0K Cr12.0K Cr0%6%12%18%24%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023Mar 2024Mar 2025Mar 2026-18.0KCr-12.0KCr-6.0K Cr0 Cr6.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY16FY17FY18FY19FY20FY21FY23FY24FY25FY260%4%8%12%16%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023Mar 2024Mar 2025Mar 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0.0x0.0x0.0x0.0x0.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales7,4248,1298,8948,3927,5529,4119,98110,2899,17410,27710,9169,500
    Expenses6,1226,3977,1957,1126,4417,7008,1138,3287,4148,9249,4517,911
    Operating Profit1,3021,7321,6991,2801,1111,7121,8681,9611,7611,3531,4651,589
    OPM %18%21%19%15%15%18%19%19%19%13%13%17%
    Other Income4802044483582201,3557133003977136150
    Interest617093686767146777592157
    Depreciation3814164594765206076947678859111,053834
    Profit before tax1,3401,4501,5951,0947442,3931,8721,427838460527848
    Tax %26%25%5%28%33%-11%28%27%-175%12%-252%22%
    Net Profit9871,0911,5217834962,6631,3511,0412,3024031,857660
    EPS in Rs₹3.99₹4.15₹4.78₹2.60₹1.95₹8.76₹4.16₹3.53₹7.14₹0.97₹7.40₹2.32

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group. Currently, Ambuja Cement has a cement capacity of 31 million tonnes with six integrated cement manufacturing plants and eight cement grinding units across the country. [1]

    Strengths

    • Company is almost debt free.

    Risks

    • The company has delivered a poor sales growth of 10.6% over past five years.
    • Tax rate seems low
    • Company has a low return on equity of 9.00% over last 3 years.

    Compounded Sales Growth

    10 Years
    +16%
    5 Years
    +11%
    3 Years
    +1%
    TTM
    +7%

    Compounded Profit Growth

    10 Years
    +22%
    5 Years
    +15%
    3 Years
    +21%
    TTM
    +4%

    Stock Price CAGR

    10 Years
    +4%
    5 Years
    -2%
    3 Years
    -4%
    1 Year
    -30%

    Return on Equity

    10 Years
    +9%
    5 Years
    +9%
    3 Years
    +9%
    Last Year
    +9%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter67.68%67.68%67.68%67.33%-0.35 pp
    FII5.91%5.80%5.87%5.63%-0.24 pp
    DII19.41%19.64%19.86%19.44%-0.42 pp
    Government0.21%0.21%0.21%0.21%0.00 pp
    Public6.77%6.67%6.36%7.38%+1.02 pp

    Filed with NSE for Jun 2026: promoters 67.33%, public 32.67% · XBRL filing

    Analysts & fund holdings

    68%
    68% recommend buy
    38 analysts cover the stock
    Valuation vs Construction Materials
    P/E22.0 vs 24.9
    Sector P/B3.12
    Beta1.11

    Who holds the shares, quarter by quarter

    Mutual funds 9.12% (+0.39 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Apr 26
    Jun 26
    • Promoters67.3%
    • Foreign institutions5.6%
    • Mutual funds9.1%
    • Insurance8.4%
    • Other domestic institutions2.1%
    • Retail4.9%
    • Others2.5%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Large Cap Fund0.87%2.24%-0.17 pp
    Mirae Asset Large Cap Fund0.34%0.93%-0.66 pp
    ICICI Pru Aggressive Hybrid Fund0.33%0.65%-0.05 pp
    HDFC Balanced Advantage Fund0.32%0.31%-0.02 pp
    Kotak Arbitrage Fund0.32%0.44%+0.05 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      12 Jun 2026
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      13 Jun 2025
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      14 Jun 2024
      ex-date
    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      7 Jul 2023
      ex-date
    • dividend
      ₹6.30

      Dividend - Rs 6.30 Per Share

      30 Mar 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      19 Mar 2021
      ex-date
    • dividend
      ₹17.00

      Interim Dividend-Rs 17 Per Share

      5 Nov 2020
      ex-date
    • dividend
      ₹1.50

      Interim Dividend - Rs 1.50 Per Share

      19 May 2020
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      3 Apr 2020
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      27 Feb 2019
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      5 Apr 2018
      ex-date
    • dividend
      ₹1.60

      Interim Dividend - Rs 1.60 Per Share

      2 Aug 2017
      ex-date
    • dividend
      ₹1.20

      Dividend - Rs 1.20 Per Share

      16 Mar 2017
      ex-date
    • dividend
      ₹1.60

      Interim Dividend - Rs 1.60/- Per Share (Purpose Revised)

      2 Aug 2016
      ex-date
    • dividend
      ₹1.20

      Final Dividend - Rs 1.20/- Per Share

      22 Feb 2016
      ex-date
    • dividend
      ₹1.60

      Interim Dividend - Rs 1.60/- Per Share (Purpose Revised)

      31 Jul 2015
      ex-date
    • dividend
      ₹3.20

      Annual General Meeting / Final Dividend - Rs 3.20/- Per Share

      2 Mar 2015
      ex-date
    • dividend
      ₹1.80

      Interim Dividend - Rs 1.80/- Per Share (Purpose Revised)

      30 Jul 2014
      ex-date
    • dividend
      ₹2.20

      Final Dividend Rs.2.20/- Per Share (Purpose Revised)

      12 Feb 2014
      ex-date
    • dividend
      ₹1.40

      Interim Dividend Rs.1.40 Per Share (Purpose Revised)

      30 Jul 2013
      ex-date

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Anubhuti Value Fund 2 (Mr Ameet Desai Independent Direcotor is also Partner of Anubhuti Advisors LLP Investment Manager of the Fund)
    Other · Market Sale
    		Sell30,500₹1.7 Cr11 Nov 2024
    Anubhuti Value Fund 1 (Mr. Ameet Desai, Independent Director is also Partner of Anubhuti Advisors LLP, Investment Manager of the Fund)
    Other · Market Sale
    		Sell1,32,000₹8.2 Cr6 Sept 2024
    Anubhuti Value Fund 1 (Mr. Ameet Desai, Independent Director is also Partner of Anubhuti Advisors LLP, Investment Manager of the Fund)
    Other · Market Sale
    		Sell1,30,000₹8.0 Cr6 Sept 2024
    Harmonia Trade and Investment Limited
    Promoter Group · Conversion of security
    		Buy26,54,47,491₹8339 Cr20 Apr 2024
    Harmonia Trade and Investment Limited
    Promoter Group · Conversion of security
    		Buy21,20,30,758₹6661 Cr4 Apr 2024
    Anubhuti Value Fund 2 (Mr Ameet Desai Independent Direcotor is also Partner of Anubhuti Advisors LLP Investment Manager of the Fund)
    Other · Market Purchase
    		Buy12,500₹74.6 L1 Mar 2024
    SHIKHA SOOD
    Employees/Designated Employees · Market Sale
    		Sell20,000₹74.2 L28 Mar 2023
    SHIKHA SOOD
    Immediate relative · Market Sale
    		Sell10,000₹52.8 L2 Jan 2023
    ENDEAVOUR TRADE AND INVESTMENT LIMITED
    Promoter Group · Others
    		Pledge7,02,442₹27.0 Cr20 Sept 2022
    ENDEAVOUR TRADE AND INVESTMENT LIMITED
    Promoter Group · Others
    		Pledge7,02,442₹27.0 Cr20 Sept 2022
    ENDEAVOUR TRADE AND INVESTMENT LIMITED
    Promoter Group · Others
    		Buy7,02,442₹27.0 Cr19 Sept 2022
    SHIKHA SOOD
    Market Purchase
    		Buy3,000₹11.0 L22 Jun 2022

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Ambuja Cements Limited has informed the Exchange about interaction with Investors / Analysts on September 3, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Ambuja Cements Limited has informed the exchange about copy of Newspaper Publication intimating completion of dispatch of notice of National Company Law Tribunal ("NCLT") Convened Meeting.

    AGM/EGM
    Shareholders Meeting Pursuant To The Order Passed By Hon. National Company Law Tribunal, Ahmedabad Bench

    Ambuja Cements Limited has informed the exchange about the meeting of Equity Shareholders of the Company pursuant to the Order passed by Hon. National Company Law Tribunal, Ahmedabad Bench, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Ambuja Cements Limited has informed the exchange about Copy of Newspaper Publication intimating completion of dispatch of notice of National Company Law Tribunal (NCLT) convened meeting.

    AGM/EGM
    Shareholders Meeting Pursuant To The Order Passed By Hon. National Company Law Tribunal, Ahmedabad Bench

    Ambuja Cements Limited has informed the exchange about the meeting of Equity Shareholders of the Company pursuant to the Order passed by Hon. National Company Law Tribunal, Ahmedabad Bench ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Ambuja Cements Limited has informed the exchange about interaction with Investors / Analysts on September 7, 2026, September 8, 2026 and September 9, 2026.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Ambuja cements limited has informed the exchange about Credit Rating obtained from India Ratings and Research (Ind-Ra).

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Ambuja Cements Limited has informed the exchange about interaction with Investors / Analysts on August 19, 2026.

    Company Update
    Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Commissioning Of Project

    Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Commissioning of Project

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Ambuja cements Limited has informed the exchange about Credit Rating obtained from ICRA Limited.

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Enclosed herewith the transcript of earning call held on July 28, 2026, pertaining to unaudited Financial Results of the company for the quarter ended June 30, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    Ambuja Cements Limited has informed the exchange about the update in respect of Scheme of Amalgamation of ACC Limited ("Amalgamating Company") with Ambuja Cements Limited ("Amalgamated Company").

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Ambuja Cements Limited submits herewith copy of Newspaper Publication for extracts of Consolidated Financial Results for the quarter ended June 30, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Ambuja Cements Limited has informed the Exchange regarding the link of Audio Recording of Investor / Analyst call held on 28 July, 2026.

    Company Update
    Compliances - Statement Of Deviation For The Quarter Ended On June 30, 2026

    Ambuja Cements Limited have submitted the statement of deviation for the quarter ended on June 30, 2026

    Filed with BSE (scrip 500425); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    Regulatory orders

    • Order

      Order passed by the Hon’ble Kerala High Court in the matter of Rasheed K M Vs. MD, Gujarat Ambuja Cements Ltd. & others (W.P.(C) No. 29574 of 2023)

      19 Sept 2023
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of Neeraj Kumar Agarwal and Shruti Vishal Vora in the matter of circulation of UPSI through WhatsApp messages in the scrip of Ambuja Cements Ltd., [SAT Appeal No.: 313/2020;MA 351/2020] [SAT Appeal No.: 341/2020]

      29 Apr 2020
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 29 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.