Ambuja Cements Q2: Trade Volumes Up 8.6%, Premium Mix at 37%

Ambuja Cements reported Q2 FY27 results, with cement sales volume at 16.5 MnT. Trade volumes increased by 8.6% YoY, reaching 74% of total sales, while premium products constituted 37% of trade sales. Revenue from operations was ₹9,197 Cr, with Operating EBITDA at ₹1,271 Cr, resulting in an EBITDA margin of 13.8% and EBITDA per tonne of ₹770. The company commissioned 4.6 MTPA capacity in Q2 and is ramping up another 5.6 MTPA in H2 FY27. Shareholders approved the proposed amalgamations of ACC and Orient Cement, advancing the One Cement Platform, with completion expected in FY'27. Despite seasonal and external headwinds, including elevated fuel and logistics costs, Ambuja focused on quality growth, operational efficiency, and cost management, aiming for a cost target of ₹4,250 per tonne by FY'27.