Ambuja Cements Ltd


BSE: 500425 | NSE: AMBUJACEM | ISIN: INE079A01024 
Market Cap: [Rs.Cr.] 27,625 | Face Value: [Rs.] 2
Industry: Cement - North India

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Board Meet

03-May-13 
Ambuja Cements Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 03, 2013, inter alia, to consider the financial results for the 1st quarter of the Corporate Financial Year ending December 31, 2013 (Q1). 
04-Apr-13 
Ambuja Cements Ltd has informed BSE that Mr. M. L. Bhakta and Mr. Naresh Chandra, the Directors retiring by rotation at the Thirtieth Annual General Meeting, had informed the Company about their intention of not seeking re-appointment at the Annual General Meeting. Accordingly, no resolution for their re-appointment was passed at the Thirtieth Annual General Meeting held on April 04, 2013. Thus, both of these Directors have now ceased to be the Directors of the Company from the conclusion of the Thirtieth Annual General Meeting, i.e. with effect from April 05, 2013. 
07-Feb-13 
Ambuja Cements Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 07, 2013, inter alia, to consider the Audited Annual Accounts for the Corporate Financial Year ended December 31, 2012 and to recommend final dividend on equity shares. Ambuja Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2013, inter alia, has recommended a final dividend on Equity Shares at the rate of Rs. 2.20 per share. With the interim dividend of Rs. 1.40 per share paid during the year, the total dividend for the year 2012 works out to Rs. 3.60 per share. The Company in the previous year had paid dividend @ Rs. 3.20 per share which included interim dividend Rs. 1.40 per share. The Dividend shall be payable on and from April 09, 2013. (As per BSE Announcement Dated on 07.02.2013) 
13-Dec-12 
The Board of Directors at its meeting held on December 13,2012,approved the following: - With effect from January 01,2013,the payment of Technology and Know-how Fees to Holcim Ltd., Switzerlan,at the rate of 1% (one percent) of the net annual sales of the Company.The proposal will be presented to the Shareholders of the Company for their consideration at the next Annual General Meeting of the Company. Ambuja Cements Ltd has informed BSE that the Board of Directors at its meeting held on December 13, 2012, approved the following: - With effect from January 01, 2013, the payment of Technology and Know-how Fees to Holcim Ltd., Switzerland, at the rate of 1% (one percent) of the net annual sales of the Company. The proposal will be presented to the Shareholders of the Company for their consideration at the next Annual General Meeting of the Company. (As per BSE Announcement Dated on 13.12.2012)  
18-Oct-12 
Ambuja Cements Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 18, 2012 to consider the financial results for the 3rd quarter of the Financial Year 2012 (Q3). 

AGM

04-Apr-13
Ambuja Cements Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on April 04, 2013. Ambuja Cements Ltd has informed BSE that the 30th Annual General Meeting (AGM) of the Company was held on April 04, 2013. (As per BSE Announcement Dated on 10.04.2013) Ambuja Cements Ltd has submitted to BSE a copy of the minutes of the 30th Annual General Meeting (AGM) of the Company held on April 04, 2013. (As per BSE Announcement Dated on 30.04.2013) 
27-Mar-12
Ambuja Cements Ltd has informed BSE that the 29th Annual General Meeting (AGM) of the Company was held on March 27, 2012. 
11-Apr-11
Ambuja Cements Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Company to be held on April 11, 2011. Ambuja Cements Ltd has informed BSE that the shareholders at the 28th Annual General Meeting held on April 11, 2011 have passed all the resolutions mentioned in the Notice dated February 03, 2011, viz.: 1. Approval and adoption of the Profit & Loss Account for the Corporate Financial Year ended December 31, 2010 and the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon. 2. Declaration of final dividend on equity shares (Rs. 1.40 per equity share). 3. Re-appointment of Mr. M. L. Bhakta as Director who retired by rotation. 4. Re-appointment of Dr. Omkar Goswami as Director who retired by rotation. 5. Re-appointment of Mr. Naresh Chandra as Director who retired by rotation. 6. Appointment of M/s. S. R. Batliboi & Company as Statutory Auditors for the F.Y.2011 in place of M/s. S. R. Batliboi & Associates, who had expressed their unwillingness for re-appointment. 7. Approval for allowing the employees who have been transferred to the subsidiary companies or holding companies or who may be transferred in future to such companies, to hold and exercise the options granted in the Employees Stock Option Schemes granted so far. (As Per BSE Announcement Website dated on 13.04.2011) Ambuja Cements Ltd has submitted to BSE a copy of the minutes of the 28th Annual General Meeting of the Company held on April 11, 2011. (As Per BSE Announcement Dated on 09.05.2011) 
05-Apr-10
Ambuja Cements Ltd has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the company scheduled to be held on April 05, 2010. Ambuja Cements Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on April 05, 2010, inter alia, have passed all the resolutions mentioned in the Notice dated February 17, 2010, viz.:- 1. Approval and adoption of the Profit & Loss Account for the Corporate Financial Year ended December 31, 2009 and the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon. 2. Declaration of final dividend on equity shares (Rs. 1.20 per equity share) 3. Re-appointment of Mr. Nasser Munjee, Mr. Rajendra P. Chitale & Mr. Shailesh Haribhakti as Directors, who retired by rotation. 4. Appointment of M/s. S. R. Batliboi & Associates, Statutory Auditors for the F.Y.2010. 5. Payment of commission to the Directors (other than the Managing Director and Whole-time Directors) for a period of 5 years commencing from April 01, 2010 as may be decided by the Board of Directors from time to time not exceeding 1% per annum of the net profits of the Company. 6. Appointment of Mr. Onne van der Weijde (a) as the Whole-time Director, designated as the 'Chief Executive Officer (CEO) - Designate' for the period February 17, 2010 till April 30, 2010 and; as the 'Managing Director' from May 01, 2010 till February 16, 2015 and payment of remuneration and other terms. 7. Approval of Employees Stock Option Scheme 2010. (As Per BSE Announcement Website dated on 06.04.2010) Ambuja Cements Ltd has informed BSE that the members at the 27th Annual General Meeting (AGM) of the Company held on April 05, 2010, inter alia, have accorded their approval create, offer and grant an aggregate of upto one crore (1,00,00,000) options to the employees (as defined under the Guidelines) of the Company, each option convertible into one equity share of the face value of Rs. 21- each on payment of such exercise price as may be decided by the Board and as per the terms and conditions framed / to be framed by the Board with regard to the Employee Stock Option Scheme ('hereinafter referred as ESOS 2010'), subject to necessary provisions and approvals. (As Per BSE Announcement Website dated on 30.04.2010) 
06-Apr-09
Ambuja Cements Ltd has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on April 06, 2009. Ambuja Cements Ltd has informed BSE that the shareholders at the 26th Annual General Meeting (AGM) of the Company held on April 06, 2009, inter alia, have accorded the following: 1. Approval and adoption of the Profit & Loss Account for the Corporate Financial Year ended December 31, 2008 and the Balance Sheet as at that date and the Reports of the Directors and Auditors thereon. 2. Declaration of final dividend of 50% (Re 1/- per share) on equity shares for the Corporate Financial year ended December 31, 2008. 3. Re-appointment of Mr. Suresh Neotia, Mr. Narotam Sekhsaria, Mr. M L Bhakta & Mr. A L Kapur as Directors of the Company, liable to retired by rotation. 4. Appointment of Messrs. S R Batliboi & Associates, Chartered Accountants, retiring Statutory Auditors, as Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of next Annual General Meeting of the Company at a remuneration, terms & conditions. 5. Appointment of Mr. Naresh Chandra & Mr. Onne var der Weijde as Directors of the Company, not liable to retire by rotation. 6. Re-appointment of Mr. A L Kapur as Managing Director of the Company for a period of 1 (One) year with effect from May 01, 2009, on remuneration, terms & conditions. 7. Authority to the Board to create, offer and grant an aggregate of upto seventy five lacs (75,00,000) options to the employees (as defined under the Guidelines) of the Company, each option convertible into one equity share of the face value of Rs 2/- each on payment of such exercise price as may be decided by the Board and as per the terms and conditions framed / to be framed by the Board with regard to the Employee Stock Option Scheme ("ESOS 2009"), subject to necessary terms & conditions. 8. Authority to the Board to exercise their vested options under all the past Employee Stock Option Schemes, which are for the time being in force, within the validity period of each scheme, notwithstanding the present stipulation under the said Employees Stock Option Schemes that the outstanding stock options shall apse upon cessation of the employment, subject to necessary provisions & approvals. (As Per BSE Announcement Dated on 27/04/2009) 

EGM

22-Aug-06
Gujarat Ambuja Cements Ltd has informed BSE that pursuant to the order of Hon'ble High Court of Judicature of Gujarat at Ahmedabad, separate meetings of the Equity Shareholders, Secured Creditors (including Debentureholders) and Unsecured Creditors of the Company will be held on August 22, 2006, for the purpose of considering and, if thought fit, approving with or without modification(s), the arrangement embodied in the Scheme of Amalgamation of Ambuja Cement Eastern Ltd with the Company and their respective shareholders and Creditors. 
26-May-05
EGM 26/05/2005 1. Bonus issue and sub division of equity shares. Gujarat Ambuja Cement Ltd has informed the Exchange regarding the resolutions passed by the shareholders at the EGM held on May 26,2005 approving the following:1)Stock-split from Rs.10/- per share to Rs.2/- per share and consequent amendment to the Memorandum of Association.2)Issue of bonus shares in the ratio of 1 share for each 2 shares. The company has further informed that they have filed the requisite form with the registrar of companies for increase in Authorised Share Capital on May 26,2005. (As per NSE Bulletin dated on 26/05/2005) Minutes of EGM Gujarat Ambuja Cement Ltd has submitted to the Exchange a copy of the minutes of the EGM of the Company held on May 26, 2005. (As per NSE Bulletin dated on 10/06/2005) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
UltraTech Cem. 51,275.77 19.31 3.37 10.02 20.8 22.6 0.35
Ambuja Cem. 27,625.41 18.76 3.14 11.32 17.0 25.8 0.01
ACC 22,776.89 16.95 3.09 12.39 16.9 22.2 0.05
Shree Cement 16,691.67 15.42 6.11 6.54 21.0 16.3 0.76
Prism Cement 1,958.07 0.00 1.80 13.51 -5.3 4.2 1.30
Birla Corpn. 1,853.63 6.87 0.76 5.44 10.4 9.9 0.50
Binani Cement 1,706.83 28.11 2.64 0.00 9.9 11.1 2.35
J K Cements 1,644.05 7.04 1.12 4.59 16.9 17.7 0.90
JK Lakshmi Cem. 1,283.08 6.68 1.05 4.54 9.2 9.7 0.96
Heidelberg Cem. 1,043.59 48.47 1.25 25.47 3.8 3.2 1.11
OCL India 823.06 5.26 0.79 4.85 3.6 6.6 0.88
Sanghi Inds. 373.97 2.02 0.47 5.67 10.9 6.0 0.97
Mangalam Cement 325.48 4.21 0.67 3.15 13.7 17.2 0.05
Sh. Digvijay Cem 141.37 6.71 0.63 4.00 13.7 15.6 0.14
Saurashtra Cem. 119.78 2.01 0.85 4.28 0.0 0.0 0.00

Futures & Options Quote

 
Expiry Date
184.30 5.25  (2.9%)
Instrument: FUTSTK
Expiry Date: 27 Jun 2013
Open Price: 178.55
Average Price: 181.85
No. of Contracts Traded: 2,948,000
Open Interest: 6,568,000
Underlying: AMBUJACEM
Market Lot: 2000
Previous Close: 179.05
Day’s High | Low: 184.90 | 178.10
Turnover (Cr.): 53.61
Open Int. Change: 630,000.00 (10.6% )
View detailed F& O quotes >>

Key Information

Key Executives:

N S Sekhsaria , Chairman  

Paul Hugentobler , Vice Chairman  

Nasser Munjee , Director  

Rajendra P Chitale , Director  


Company Head Office / Quarters:
Ambujanagar P O,
Taluka Kodinar,
Junagadh,
Gujarat-362715
Phone : 91-2795-221137/232009
Fax : 91-2795-232629
E-mail : shares@ambujacement.com
Web : http://www.ambujacement.com
Registrars:
Sharepro Services India P Ltd
Samhita Complex
Plot No 13 AB
Saki Naka Andheri(E)
Mumbai-400072

Fund Holding


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