(Rs m) | 1QFY04 | 1QFY05 | Change |
Net sales | 3,781 | 5,994 | 58.5% |
Expenditure | 3,173 | 4,322 | 36.2% |
Operating profit (EBDITA) | 608 | 1,672 | 175.0% |
EBDITA margin (%) | 16.1% | 27.9% | |
Other income | 146 | 122 | -16.8% |
Interest | 195 | 210 | 7.6% |
Depreciation | 408 | 503 | 23.2% |
Profit before tax | 151 | 1,081 | 618.0% |
Extraordinary income/(expense) | 87 | - | - |
Tax | 89 | 176 | 96.9% |
Profit after tax/(loss) | 148 | 905 | 510.4% |
Net profit margin (%) | 3.9% | 15.1% | |
No. of shares (m) | 176.4 | 176.4 | |
Diluted earnings per share (Rs)* | 3.4 | 20.5 | |
Price to earnings ratio (x) | 17.6 | ||
(* annualised) |
Favorable prices are a sweetener: Not only has cement demand grown, but also the prices have strengthened, especially in the key northern and western markets. With demand likely to exceed production and no sharp rise in supply in sight for the next one year, there is an upward bias in cement prices. Unlike the last decade, the medium-term outlook for prices is more favorable. While higher prices and better capacity utilisation have enabled the company to improve operating margins, power and fuel costs have increased as a percentage of sales in 1QFY05 (table below). As per the company, the direct cost of production increased by 14% per tonne due to surge in coal and oil prices globally.
(Rs m) | 1QFY04 | 1QFY05 | Change |
Raw material | 278 | 205 | -26.4% |
% of sales | 7.4% | 3.4% | |
Salaries | 229 | 235 | 2.7% |
% of sales | 6.1% | 3.9% | |
Power and fuel | 974 | 1,598 | 64.1% |
% of sales | 25.7% | 26.7% | |
Freight and handling | 779 | 1,068 | 37.1% |
% of sales | 20.6% | 17.8% | |
Other expenditure | 914 | 1,216 | 33.1% |
% of sales | 24.2% | 20.3% |
For the quarter ended September 2020, AMBUJA CEMENT has posted a net profit of Rs 8 bn (up 51.4% YoY). Sales on the other hand came in at Rs 62 bn (up 1.5% YoY). Read on for a complete analysis of AMBUJA CEMENT's quarterly results.
Here's an analysis of the annual report of AMBUJA CEMENT for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of AMBUJA CEMENT. Also includes updates on the valuation of AMBUJA CEMENT.
For the quarter ended March 2020, AMBUJA CEMENT has posted a net profit of Rs 7 bn (up 7.0% YoY). Sales on the other hand came in at Rs 62 bn (down 8.5% YoY). Read on for a complete analysis of AMBUJA CEMENT's quarterly results.
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