Adani-Backed Cement Giant Announces Q4 Results; FY26 PAT Rises 17% to Rs 2,647 Crore, Dividend Declared

The Indian equity markets traded in the green on Monday, with the Nifty 50 index gaining 0.34 per cent to 24,078.10 at around 3:00 PM. Amid the positive momentum in benchmark indices, stock-specific buying action remained visible in select cement counters. In this segment, Ambuja Cements remained in focus after the Adani Group-backed cement major announced its Q4FY26 and FY26 consolidated financial results along with a final Dividend recommendation. Following the earnings announcement, Ambuja Cement's share price gained 0.23 per cent to Rs 445.20 on Monday.

Ambuja Cements Q4FY26 Results

Ambuja Cements reported consolidated revenue from operations of Rs 10,915 crore in Q4FY26 as against Rs 9,981 crore in Q4FY25, registering a growth of 9.4 per cent YoY. The company reported its highest ever quarterly cement sales volume at 19.9 million tonnes compared to 18.2 million tonnes in the corresponding quarter last year, reflecting a growth of 9.3 per cent YoY.

Operating EBITDA stood at Rs 1,464 crore in Q4FY26 as against Rs 1,868 crore in Q4FY25. EBITDA margin came in at 13.4 per cent compared to 18.7 per cent in the year-ago quarter, while EBITDA per metric tonne stood at Rs 735. Profit after Tax stood at Rs 569 crore in Q4FY26 as against Rs 856 crore reported in Q4FY25, marking a decline of 33.5 per cent YoY. Diluted earnings per share for the quarter stood at Rs 7.4 compared to Rs 4.2 in the corresponding quarter last year.

Ambuja Cements FY26 Annual Performance

For the financial year ended March 31, 2026, Ambuja Cements reported consolidated revenue from operations of Rs 40,656 crore as against Rs 35,336 crore in FY25, registering a growth of 15.1 per cent YoY. Annual cement sales volume stood at 73.7 million tonnes compared to 63.5 million tonnes in FY25, marking a growth of 16.1 per cent YoY.

Operating EBITDA for FY26 stood at Rs 6,539 crore as against Rs 5,971 crore reported in FY25. On a normalised basis excluding one-time income in FY25, annual EBITDA improved by 31 per cent YoY, with EBITDA per metric tonne rising to Rs 887. Normalised profit after tax for FY26 came in at Rs 2,647 crore compared to Rs 2,255 crore in FY25, reflecting a growth of 17.4 per cent YoY. Diluted annual EPS stood at Rs 19 as against Rs 17.5.

Dividend Announcement

The Board of Directors has recommended a dividend of Rs 2 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

Capacity Expansion and Other Key Developments

During FY26, Ambuja Cements increased its total cement capacity to 109 MTPA through the commissioning of 10.7 MTPA grinding capacity and 7 MTPA clinker capacity additions. The company also commissioned a 3 MTPA clinkering line at Jodhpur during Q4FY26, while trial run has started for a 1.2 MTPA Dahej grinding unit. The company expects total cement capacity to rise to around 119 MTPA in H1FY27.

The company also stated that Sanghi Industries and Penna Cement amalgamation with Ambuja was successfully completed during the year, while applications for ACC and Orient Cement integration are currently awaiting regulatory no-objection. Ambuja continued to maintain a debt-free balance sheet with net worth of Rs 71,846 crore and cash equivalents of Rs 1,770 crore as of March 31, 2026.

Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.