Orient Cement Limited submitted an investor presentation titled 'Operational & Financial Highlights' for the quarter ended June 30, 2026, under SEBI Listing Regulations Regulation 30. The presentation primarily focuses on Ambuja Cements Limited's performance (Orient Cement's parent company) as part of the Adani Group cement platform.

Financial Performance - Consolidated (Ambuja Cements)

Q1 FY2027 Results:

  • Volume: 17.1 MnT (down 7% YoY, down 14% QoQ)
  • Revenue from Operations: ₹9,500 crore (down 8% YoY, down 13% QoQ)
  • EBITDA: ₹1,589 crore (down 19% YoY, up 8% QoQ)
  • EBITDA Margin: 16.7% (19.1% in Jun'25, 13.4% in Mar'26)
  • EBITDA per metric ton: ₹931/ton (down 13% YoY, up 27% QoQ)
  • PAT (Reported): ₹660 crore (down 37% YoY, down 64% QoQ)
  • EPS (diluted): ₹2.32 (down 34% YoY, down 68% QoQ)

Normalized PAT Reconciliation:

The company provided reconciliation from reported PAT of ₹660 crore to normalized PAT of ₹595 crore, adjusting for:

  • Impact of new labour code/Voluntary Severance Scheme: ₹241 crore
  • Tax impact: ₹22 crore
  • Deferred Tax credit: ₹(604) crore
  • Income Tax provision reversal: ₹(761) crore
  • Indemnification Claim received: ₹2 crore
  • Interest on Income Tax: ₹(111) crore

Operational Highlights

Capacity Expansion:

  • Current cement capacity: 109 MTPA as of June 30, 2026
  • Expected capacity: 119 MTPA by FY27
  • Trial production commenced at: Dahej (1.2 MTPA), Salai Banwa (2.4 MTPA), Bathinda (1.2 MTPA), and Jodhpur (2 MTPA)
  • Upcoming trials: Kalamboli (1 MTPA) and Warisaliganj (2.4 MTPA) in Q2 FY27
  • Maratha clinker line (4 MTPA) commissioning in 2027

Cost Optimization:

  • Achieved cost reduction of ₹206 per metric ton sequentially in Q1 FY27
  • Target: ₹250 PMT reduction in FY27 to achieve committed cost target of ₹4,250 PMT
  • Focus areas: blended cement production, renewable energy optimization, domestic coal maximization

Market Strategy:

  • Trade share increased by 4 percentage points to 78% YoY
  • Premium cement sustained at 34% of trade sales
  • Blended cement share up by 5 percentage points to 85% YoY
  • Clinker Factor improved by 2.1 percentage points to 63.7% YoY

Sales Volumes Breakdown

Consolidated Cement Sales (MnT):

  • Ambuja (including Sanghi, Penna): 12.0 (down 6% YoY, down 17% QoQ)
  • ACC (including Rajpura): 10.2 (down 6% YoY, down 16% QoQ)
  • Orient: 1.5 (up 23% YoY, down 2% QoQ)
  • Gross Cement Sales: 23.7 (down 4% YoY, down 16% QoQ)
  • Net Cement Sales: 17.1 (down 7% YoY, down 14% QoQ)

ESG Performance

Ratings and Credentials:

  • Sustainalytics Rating: #8/114 for Ambuja, #9/114 for ACC
  • S&P CSA: Ambuja 69/90, ACC 72/89
  • CDP Ratings: Climate B/A, Water A/A, SEA A/A
  • Indian validation: ESG 1+ from CareEdge
  • Credit ratings: AAA/A1+ from CRISIL and CARE

Q1 FY27 ESG Metrics:

  • Gross specific CO2 emissions: Ambuja 574 Kg/T, ACC 470 Kg/T
  • Green Power share: Ambuja 33%, ACC 31%
  • Use of waste-derived resources: Ambuja 2.7 MnT, ACC 2.5 MnT
  • Water Positive: Ambuja 4.7x, ACC 0.4x
  • Trees Planted: Ambuja 2.27 million (till Q1FY27), ACC 4.55 million (till FY26)
  • Beneficiaries: Ambuja 3.72 million (till FY26), ACC 2.76 million (till FY26)

Industry Outlook

Macroeconomic Factors:

  • GDP projected to grow by 6.6%-6.8% in FY2027
  • CPI inflation expected to average 5% in FY2027
  • RBI maintained Repo rate at 5.25% in June'26 policy
  • INR 12 trillion infrastructure spend to deliver long-term growth

Cement Demand:

  • Demand likely to stay soft at ~5% in FY27 amid headwinds
  • Secular long-term demand story remains intact
  • Driven by rapid urbanization, housing demand, and government investments
  • Key projects: highspeed rail, expressways, urban infrastructure, mass housing

Board and Governance

Board Structure:

  • 7 Directors total
  • 29% Independent Directors
  • 100% of committees chaired by Independent Directors

Key Directors:

  • Gautam Adani (Chairman)
  • Karan Adani (Director)
  • Vinod Bahety (Whole-time Director and CEO)
  • Rajnish Kumar (Independent Director)
  • Ameet Desai (Independent Director)

Governance Initiatives:

  • Tenure of IDs: upto 3 years for max. 2 terms
  • Gender Diversity: Min. 30% female directors
  • Management Ownership: CEO and executive committees to have share ownership
  • Related Party Transactions: Independent 3rd party review & certification
  • Training & Education: Min. 4 sessions per year for IDs

Historical Financial Performance

Consolidated P&L (₹ crore):

| Period | Revenue | EBITDA | PAT |

| FY24 | 33,160 | 6,400 | 4,735 |

| FY25 | 35,336 | 5,971 | 5,294 |

| FY26 | 40,656 | 6,539 | 5,637 |

| Q1 FY27 | 9,500 | 1,589 | 660 |

Balance Sheet Highlights:

  • Total Assets: ₹89,607 crore (as of latest period)
  • Cash and Cash Equivalents: ₹13,716 crore
  • Total Equity: ₹71,846 crore
  • Borrowings: Minimal at ₹27 crore

Digital Initiatives

Operational Digitalization:

  • In-Plant Automation: Automated inbound/outbound logistics, vehicle tracking, man-less weighbridge operations
  • IoT-Based Reliability: Real-time equipment health monitoring for predictive maintenance
  • AI-enabled sales and logistics optimization
  • DIGIPIN implementation
  • EV truck induction

Awards and Recognition

Q1 FY27 Accolades:

  • Jamul plant: Silver Award at 18th CII National EHS Excellence Award
  • Bathinda plant: Bronze Award at 18th CII National EHS Excellence Award
  • Ambuja & ACC: 5 Silver Awards at The Mommys Awards 2026
  • ACC: Recognized among India's Most Sustainable Companies 2026 by Business Today
  • Ametha plant: British Safety Council International Safety Award 2026 (Merit Category)