Ambuja Cements Q4 FY26 Earnings Call Transcript

Ambuja Cements reported its highest annual sales volume of 73.7 million tonnes, up 16% YoY, with normalized EBITDA of INR6,539 crores.
Management disclosed cost pressures with FY26 average cost at INR4,400/tonne and Q4 cost peaking at INR4,500/tonne due to freight, packaging, and fuel increases.
The company outlined FY27 guidance for 8% volume growth to 80 million tonnes and targeted INR250/tonne cost reduction despite industry headwinds.
Capex plans were recalibrated to INR6,000-6,500 crores for FY27 with focus on stabilizing acquired assets (Sanghi, Penna) rather than rapid capacity expansion.