| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 9,197 | 9,174 | +0.2% |
| EBITDA | 1,271 | 1,761 | −27.8% |
| EBITDA margin | 13.8% | 19.2% | −5.4 pts |
| Profit before tax | 293 | 833 | −64.8% |
| Net profit | 236 | 2,302 | −89.7% |
| EPS | ₹0.78 | ₹7.15 | −89.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 86,810 | — | — | — | — | |
| 395 | 892 | 6,865 | 3,766 | 544 | |
| 12,566 | 12,499 | 10,368 | 9,391 | 7,058 | |
| 52.8 | 52.8 | 26.8 | 36.8 | 47.7 | |
| 99,033 | — | — | — | — | |
| 39,889 | 40,656 | 35,045 | 33,160 | 38,937 | |
| — | +16.0% | +5.7% | −14.8% | — | |
| 5,677 | 6,539 | 5,971 | 6,400 | 5,122 | |
| 14.2% | 16.1% | 17.0% | 19.3% | 13.2% | |
| 1,954 | 2,969 | 3,492 | 4,776 | 3,478 | |
| 3,120 | 5,637 | 5,158 | 4,738 | 3,024 | |
| 7.8% | 13.9% | 14.7% | 14.3% | 7.8% | |
| ₹11.34 | ₹19.13 | ₹16.77 | ₹14.47 | ₹10.45 | |
| — | +14.1% | +15.9% | +38.5% | — | |
| — | 5,362 | 3,295 | 5,646 | 735 | |
| — | −6,344 | −8,687 | −4,482 | −4,232 | |
| −983 | −983 | −5,392 | 1,163 | −3,497 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 86,809.6 | |
| - Cash, Equiv & ST Investments | 543.9 | 3,765.8 | 6,865.5 | 891.6 | 395.0 | |
| + Minority Interest | 7,058.4 | 9,390.8 | 10,368.2 | 12,498.9 | 12,566.0 | |
| + Total Debt | 47.7 | 36.8 | 26.8 | 52.8 | 52.8 | |
| Enterprise Value | — | — | — | — | 99,033.4 | |
| Revenue | 38,937.0 | 33,159.6 | 35,044.8 | 40,655.7 | 39,889.1 | |
| Growth %, YoY | — | -14.8 | +5.7 | +16.0 | — | |
| EBITDA | 5,122.4 | 6,399.5 | 5,970.7 | 6,538.9 | 5,677.0 | |
| Margin % | 13.16 | 19.30 | 17.04 | 16.08 | 14.23 | |
| EBIT | 3,477.7 | 4,776.1 | 3,492.3 | 2,968.5 | 1,954.2 | |
| Net Income | 3,024.4 | 4,738.0 | 5,158.4 | 5,637.1 | 3,120.4 | |
| Margin % | 7.77 | 14.29 | 14.72 | 13.87 | 7.82 | |
| EPS, Adj (current shares) | 10.45 | 14.47 | 16.77 | 19.13 | 11.34 | |
| Growth %, YoY | — | +38.5 | +15.9 | +14.1 | — | |
| Cash from Operations | 734.9 | 5,645.8 | 3,295.2 | 5,361.5 | — | |
| Capital Expenditures | -4,231.8 | -4,482.5 | -8,687.1 | -6,344.3 | — | |
| Free Cash Flow | -3,496.9 | 1,163.4 | -5,391.9 | -982.8 | -982.8 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Ambuja Cements (NSE: AMBUJACEM) had a market capitalisation of ₹88,143 crore at the 29 October 2026 close (₹354.70 a share), a PE ratio of 31.4 on the last four quarters' profit and a price-to-book ratio of 1.48. In FY26 its consolidated net profit attributable to shareholders was ₹4,728 crore on revenue of ₹40,656 crore; in Q2 FY27 (July–September 2026) it was ₹193 crore, down 89.1% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 67.33% of the shares on 30 September 2026.
Ambuja Cements' PE ratio is 31.4 at the 29 October 2026 close (₹354.70 a share): a market capitalisation of ₹88,143 crore divided by consolidated net profit attributable to shareholders of ₹2,804 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹4,728 crore) it is 18.6.
Ambuja Cements' net worth — shareholders' equity in its consolidated balance sheet — was ₹59,672 crore on 30 September 2026, up 6.1% from ₹56,246 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹88,143 crore at the 29 October 2026 close.
Ambuja Cements' book value per share was ₹240.13 on 30 September 2026: shareholders' equity of ₹59,672 crore divided by the 248.5 crore shares in issue, up 5.5% from ₹227.55 a year earlier. The share price at the 29 October 2026 close was ₹354.70.
Ambuja Cements' price-to-book (PB) ratio is 1.48 at the 29 October 2026 close: a market capitalisation of ₹88,143 crore divided by shareholders' equity (book value) of ₹59,672 crore on 30 September 2026. That is a book value of ₹240.13 per share against a share price of ₹354.70.
Ambuja Cements' debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹55 crore against total equity of ₹72,238 crore. A year earlier, on 30 September 2025, it was 0.00.
In FY26, Ambuja Cements' return on equity (ROE) was 8.4% and its return on capital employed (ROCE) was 4.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.7% and ROCE 5.8%.
Ambuja Cements' market capitalisation was ₹88,143 crore at the 29 October 2026 close: 248.5 crore shares at ₹354.70 each.
Ambuja Cements' basic earnings per share (EPS) were ₹19.15 in FY26, against ₹17.00 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹11.33.
In 2026, Ambuja Cements has declared one dividend: ₹2 with record date 12 June 2026.
No. Ambuja Cements had borrowings of ₹55 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹450 crore, so it held net cash of ₹395 crore.
Ambuja Cements' dividend yield is 0.56% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹354.70. They were ₹2 on 12 June 2026.
Promoters held 67.33% of Ambuja Cements on 30 September 2026, unchanged from the previous quarter and down 0.35 percentage points from 67.68% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Ambuja Cements' shares were held by promoters 67.33%, foreign portfolio investors (FII/FPI) 5.66%, domestic institutions (DII) 19.35% (including mutual funds at 8.92%) and retail and other non-institutional investors 7.65%. Over the year, FII holding was down 0.25 percentage points from 5.91% and DII holding was down 0.28 percentage points from 19.63%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Ambuja Cements' PE ratio is 18.6, the third highest of the four: ACC 10.1, UltraTech Cement 40.3 and Shree Cement 47.8, a peer average of 32.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Ambuja Cements earned net profit attributable to shareholders of ₹4,728 crore on revenue of ₹40,656 crore, against ₹2,137 crore on ₹25,962 crore for ACC. Ambuja Cements' operating margin was 7.3% (ACC 7.1%) and its return on equity 8.4% (ACC 10.9%). At the 29 October 2026 close, Ambuja Cements' market capitalisation was ₹88,143 crore against ₹21,686 crore for ACC, and its PE ratio on FY26 profit 18.6 against 10.1.
In FY26, Ambuja Cements generated ₹5,362 crore of cash from operations and spent ₹6,344 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹983 crore. In FY25 it was −₹5,392 crore.
Ambuja Cements' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit attributable to shareholders ₹193 crore, down 89.1% from ₹1,766 crore in Q2 FY26; revenue from operations ₹9,197 crore, up 0.2% year on year.
Ambuja Cements has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26 (April 2025–March 2026), Ambuja Cements' consolidated net profit attributable to shareholders was ₹4,728 crore, up 14.1% from ₹4,145 crore in FY25, on revenue from operations of ₹40,656 crore (up 16.0%). Over three years, from FY23, net profit was up 83.0%.
On FY26 consolidated figures, against ACC, UltraTech Cement and Shree Cement: Ambuja Cements' operating margin of 7.3% is the third highest of the four (ACC 7.1%, UltraTech Cement 14.0%, Shree Cement 8.8%; peer average 9.9%); its return on equity of 8.4% is the third highest of the four (ACC 10.9%, UltraTech Cement 11.1%, Shree Cement 7.8%; peer average 9.9%); its revenue growth over three years of 1.5% a year is the lowest of the four (ACC 5.3% a year, UltraTech Cement 11.9% a year, Shree Cement 5.5% a year; peer average 7.6% a year).
From Ambuja Cements' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.