- PAT jumps 258% YoY; highest-ever quarterly cement sales underline market leadership
- ‘One Cement Platform’ merger with ACC, Orient Cement sets stage for scale and efficiency
- Cost leadership, green power push and premium mix lift margins despite sector headwinds
- 109 MTPA capacity milestone achieved; debt-free balance sheet remains rock solid
- Digital, ESG and industry–academia initiatives reinforce long-term growth blueprint
NE BUSIESS BUREAU
AHMEDABAD, JAN 30
Ambuja Cements Limited, part of the diversified Adani Portfolio and the world’s ninth-largest building materials solutions company, delivered a standout performance in Q3 FY26, combining record volumes, sharp profit growth and visible gains from cost and operational efficiencies.
For the quarter ended December 31, 2025, profit after tax surged 258% year-on-year to ₹378 crore, while cement sales volumes touched an all-time quarterly high of 18.9 million tonnes, up 17% YoY. Revenue rose 20% YoY to ₹10,277 crore, reflecting stronger realisations, higher premium cement sales and volume growth at nearly twice the industry average.
Operational strength meets strategic scale
Q3 FY26 marked a defining phase in Ambuja Cements’ transformation journey with the announcement of the amalgamation of ACC Limited and Orient Cement Limited into Ambuja Cements, creating a unified ‘One Cement Platform’. The consolidation is aimed at accelerating growth, improving capital efficiency, streamlining operations and strengthening long-term value creation.
Aligned with its expansion roadmap, the company successfully commissioned the 2.4 MTPA Marwar Grinding Unit, taking total cement capacity to 109 MTPA, with plans to reach 115 MTPA by March 2026.
Margin resilience through cost leadership
Despite sector-wide cost pressures, Ambuja delivered EBITDA of ₹1,353 crore, up 53% YoY, with EBITDA per metric tonne at ₹718, a 31% YoY increase. Margin expanded to 13.2%, aided by sustained focus on fuel efficiency, logistics optimisation and a rising share of renewable energy.
Kiln fuel costs declined 6% YoY, power costs reduced 15%, while green power share rose to 36.9%, reinforcing Ambuja’s low-cost, low-carbon operating model.
Leadership speaks
Commenting on the performance, Vinod Bahety, Whole Time Director and CEO, Ambuja Cements, said:
“We continue our strong growth trajectory with another robust performance this quarter, following an exceptional previous quarter. We achieved the highest-ever quarterly volumes, higher trade and premium cement sales resulting in better realisation than industry peers, and superior base capacity volume growth.”
Highlighting the roadmap ahead, he added:
“We are now working to fix specific cost levers—power, green energy share, fuel efficiency, WHRS, AFR and logistics—as part of our blueprint to achieve a targeted cost of ₹3,650 PMT by March 2028. The One Cement Platform will further accelerate our efficiency and growth journey.”
He also emphasised stakeholder strength, noting the support of over one lakh supply-chain partners and more than seven lakh influencers under the Adani Cement Parivar.
Balance sheet, brand and ESG strength
Ambuja Cements ended the quarter with a net worth of ₹69,854 crore, remaining debt-free and retaining the highest credit ratings from CRISIL and CARE (AAA / A1+). Commissioning of 225 MW solar power during the quarter took renewable capacity to 898 MW, with a target of 1,122 MW by FY27.
Premium products Ambuja Kawach and ACC Gold continued to lead the water-repellent cement segment, supporting higher margins, while market share stood at 16.6%, with premium cement accounting for 35% of trade sales.
Future-ready platform
Digital initiatives such as the Cement Intelligent Network Operating Centre (CiNOC) are enabling real-time decision-making, while Adani Cement FutureX now engages over 1.3 million students across 750+ institutions, making it the largest industry–academia initiative in the sector.
With strong demand revival, disciplined cost control, accelerating sustainability initiatives and the scale advantage of the One Cement Platform, Ambuja Cements enters the next phase of FY26 firmly positioned as one of India’s most resilient and future-ready cement leaders.
