FY27 Volume Growth: 8% YoY
Management reiterated 8% volume growth target for FY27, citing 8% YoY improvement in July trade volumes and improved channel excitement. Focus remains on trade segment above 75% of total sales.
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Ambuja Cements · forward-looking guidance across the available source record.
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FY27 Cost Target: ₹4,250/ton
Net operating cost guidance of ₹4,250/ton for FY27, implying full-year cost remains at Q1 levels as incremental savings offset inflationary pressures from geopolitical factors.
FY28 Cost Target: ₹4,000/ton
Cost trajectory targets ₹4,000/ton or below by end of FY28, representing ₹250/ton reduction from FY27 target, driven by additional 150MW renewable capacity, WHRS expansion to 376MW, AFR improvement to 15%, and logistics optimization.
Capacity Expansion: 119MT by FY27
Installed capacity to reach 119 million tons by FY27-end with 10.2MT additions: Hay (1.2MT, trials started), Salai Banara (2.4MT, trials started), Bhatinda (1.2MT), Jhaipur (2MT, commissioned), Koli (1MT, Q2), and Biharsharif (2.4MT, Q2). Maratha clinker line deferred to Q1 FY28.
Cost target of ₹4,000/ton by March 2026
Management targets total cost of ₹4,000 per metric ton by end of FY26, a 5% reduction from current ₹4,200/ton.
Capacity target raised to 155 MTPA by FY28
Cement capacity target revised from 140 to 155 million tons per annum by FY28, including 15 MTPA from debottlenecking.
Double-digit volume growth expected
Management expects to sustain double-digit volume growth in coming quarters, though not necessarily 20% as base expands.
Green power share to reach 60% by FY28
Renewable energy capacity expected to reach 900 MW by end of FY26 and 1,122 MW by FY27, targeting 60% green power share by FY28.