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Ambuja Cements Q3 preview: Profit, revenue decline expected

Ambuja Cements Q3 preview: Profit, revenue decline expected


Ambuja Cements (ACL), an Adani Group company, is expected to report a top-line in the range of ₹8,022 crore to ₹9,076 crore in the December quarter, according to estimates from top stock broking firms.

While Yes Securities sees a 1.3 per cent year-on-year decline in ACL’s Q3FY25 revenue, Nuvama Institutional Equities estimates a jump of up to 12 per cent jump.

Net profit is expected to be in the range of ₹74 crore to ₹1,022 crore, representing a decline of 6 per cent to 32 per cent in net profit.

The company’s EBITDA is expected to decline compared to Q3FY24.

Yes Securities sees a 1.3 per cent y-o-y decline in the company’s net sales at ₹8,022 crore. The PAT is expected to fall by 32 per cent on a y-o-y basis.

The EBITDA is seen at ₹130 crore, reflecting a 25 per cent decline compared to Q3FY24.

“On a consolidated basis, we don’t see any major contribution to volume from Ambuja’s standalone capacity. We don’t expect any significant increase in Sanghi and Penna capacity utilisation. Ambuja’s (including Sanghi and Penna) major installed capacity are in west and south where prices/demand were weak in 3Q. However, in north prices and demand were relatively better,” Yes said.

Nuvama Research sees revenue at ₹9,076 crore, which could go up by 12 per cent y-o-y. The net profit is expected to decline by 6 per cent y-o-y to ₹1,022 crore.

The EBITDA is estimated at ₹1,640 crore, which could drop by 5 per cent y-o-y.

“Volumes are likely to rise 20 per cent y-o-y, while EBITDA per tonne may fall to ₹976 versus ₹1,228 in the same quarter of the previous year due to weak realisations,” Nuvama said.





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