Financials Ambuja Cements

Equities

AMBUJACEM

INE079A01024

Construction Materials

Market Closed - Bombay S.E. 06:25:07 2024-04-26 am EDT 5-day change 1st Jan Change
632 INR -0.99% Intraday chart for Ambuja Cements +3.71% +21.33%

Valuation

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 466,726 309,165 613,068 594,105 725,654 1,557,024 - -
Enterprise Value (EV) 1 420,084 280,358 571,872 594,105 709,818 1,518,813 1,534,275 1,546,606
P/E ratio 30.5 x 17.3 x 29.5 x 29.6 x 29.3 x 53.7 x 43.7 x 38.1 x
Yield 0.64% 10.9% 2.04% - 0.68% 0.45% 0.51% 0.57%
Capitalization / Revenue 4 x 2.72 x 4.39 x 3.78 x 3.63 x 8.7 x 7.71 x 6.7 x
EV / Revenue 3.6 x 2.47 x 4.1 x 3.78 x 3.55 x 8.49 x 7.6 x 6.66 x
EV / EBITDA 19.5 x 10.6 x 17.8 x 24.7 x 23.2 x 41.9 x 34 x 28.8 x
EV / FCF 30.6 x 17.4 x 43.8 x - -493 x -172 x -275 x 500 x
FCF Yield 3.27% 5.75% 2.28% - -0.2% -0.58% -0.36% 0.2%
Price to Book 2.1 x 1.52 x 2.76 x - 2.55 x 4.02 x 3.6 x 3.36 x
Nbr of stocks (in thousands) 1,985,645 1,985,645 1,985,645 1,985,645 1,985,645 2,463,450 - -
Reference price 2 235.0 155.7 308.8 299.2 365.4 632.0 632.0 632.0
Announcement Date 2/20/20 2/18/21 2/17/22 2/7/23 5/2/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 116,679 113,719 139,650 157,291 199,854 178,921 201,881 232,322
EBITDA 1 21,488 26,466 32,075 24,066 30,632 36,218 45,076 53,763
EBIT 1 16,050 21,254 26,562 17,789 22,308 28,403 35,861 42,973
Operating Margin 13.76% 18.69% 19.02% 11.31% 11.16% 15.87% 17.76% 18.5%
Earnings before Tax (EBT) 1 19,480 24,144 27,852 24,117 30,550 33,337 41,282 47,852
Net income 1 15,285 17,901 20,805 20,511 25,535 24,807 30,789 35,710
Net margin 13.1% 15.74% 14.9% 13.04% 12.78% 13.86% 15.25% 15.37%
EPS 2 7.700 9.010 10.48 10.11 12.49 11.78 14.45 16.59
Free Cash Flow 1 13,726 16,131 13,062 - -1,440 -8,836 -5,582 3,096
FCF margin 11.76% 14.19% 9.35% - -0.72% -4.94% -2.77% 1.33%
FCF Conversion (EBITDA) 63.88% 60.95% 40.72% - - - - 5.76%
FCF Conversion (Net income) 89.8% 90.11% 62.78% - - - - 8.67%
Dividend per Share 2 1.500 17.00 6.300 - 2.500 2.850 3.200 3.575
Announcement Date 2/20/20 2/18/21 2/17/22 2/7/23 5/2/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 46,642 28,807 41,196 - 15,836 38,210 22,748 10,417
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 13,726 16,131 13,062 - -1,441 -8,836 -5,582 3,096
ROE (net income / shareholders' equity) 7.07% 8.42% 10% - 10.1% 9.17% 9.47% 10.1%
ROA (Net income/ Total Assets) 5.86% 6.82% 7.94% - - - - -
Assets 1 260,887 262,359 262,093 - - - - -
Book Value Per Share 2 112.0 102.0 112.0 - 144.0 157.0 176.0 188.0
Cash Flow per Share - - 12.40 - - - - -
Capex 1 11,178 9,855 11,601 - 21,537 46,523 46,393 46,257
Capex / Sales 9.58% 8.67% 8.31% - 10.78% 26% 22.98% 19.91%
Announcement Date 2/20/20 2/18/21 2/17/22 2/7/23 5/2/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
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