ACC Ltd — earnings calls

Ambuja Cements reported Q1 FY27 revenue of INR9,500 crores with operating EBITDA of INR1,589 crores, EBITDA margin improving 331 basis points to 16.7%, and PAT of INR660 crores. Management said trade volumes declined 2% and non-trade volumes fell 21% year-on-year as the company prioritized value over volume, while net operating cost fell to INR4,241 per metric ton, a reduction of INR206 per ton sequentially. The company temporarily suspended around 3.5 million tons of older manufacturing capacity for optimization and highlighted progress on capacity expansion projects at Dahej, Salai Banwa, Bhatinda, Jodhpur, Kalamboli and Warisaliganj.

Ambuja Cements reported FY26 annual sales volume of 73.7 million tonnes, up 16% year-on-year, with normalized EBITDA of INR6,539 crores and PAT of INR2,647 crores. Management attributed higher-than-expected costs during the quarter to freight, packing, fuel and branding expenses, along with slower-than-planned turnarounds at the acquired Sanghi and Penna assets. For FY27, management guided to consolidated volumes of around 80 million tonnes and a cost reduction target of INR250 per tonne from the reported quarterly peak.