Ambuja Cements Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Dec-2019 Dec-2017 Dec-2016 Dec-2015
Growth matrix (%)        
Revenue growth 14.90 17.40 112 (5.20)
Op profit growth 19.20 21.30 106 (20)
EBIT growth 35.40 35.20 73.80 (31)
Net profit growth 38.20 37.20 36.80 (46)
Profitability ratios (%)        
OPM 17 16.30 15.80 16.30
EBIT margin 14.90 12.60 10.90 13.30
Net profit margin 7.73 6.43 5.50 8.52
RoCE 13.80 11.30 11.90 11.60
RoNW 2.34 1.87 1.84 1.99
RoA 1.80 1.44 1.50 1.85
Per share ratios ()        
EPS 14 9.79 7.22 4.64
Dividend per share 1.50 3.60 2.80 2.80
Cash EPS 4.75 1.50 (1.80) 1.15
Book value per share 121 104 99.80 66.20
Valuation ratios        
P/E 14 27.70 28.60 43.80
P/CEPS 41.40 181 (115) 177
P/B 1.62 2.60 2.07 3.07
EV/EBIDTA 5.73 11.40 9.95 15.20
Payout (%)        
Dividend payout 14.20 47.10 28.70 64.70
Tax payout (28) (30) (28) (31)
Liquidity ratios        
Debtor days 13.50 14.40 11 10
Inventory days 30.70 35.70 27.80 34.40
Creditor days (45) (48) (32) (34)
Leverage ratios        
Interest coverage (24) (14) (14) (14)
Net debt / equity (0.40) (0.30) (0.20) (0.30)
Net debt / op. profit (2) (1.60) (1.40) (1.80)
Cost breakup ()        
Material costs (14) (12) (12) (8.80)
Employee costs (5.80) (6.40) (6.80) (6.30)
Other costs (64) (65) (66) (69)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Dec-2019 Dec-2017 Dec-2016 Dec-2015
Revenue 27,104 23,598 20,094 9,481
yoy growth (%) 14.90 17.40 112 (5.20)
Raw materials (3,684) (2,776) (2,331) (831)
As % of sales 13.60 11.80 11.60 8.77
Employee costs (1,571) (1,511) (1,370) (594)
As % of sales 5.80 6.40 6.82 6.27
Other costs (17,252) (15,454) (13,211) (6,514)
As % of sales 63.70 65.50 65.70 68.70
Operating profit 4,597 3,858 3,181 1,542
OPM 17 16.30 15.80 16.30
Depreciation (1,153) (1,219) (1,461) (630)
Interest expense (170) (206) (153) (92)
Other income 581 335 479 353
Profit before tax 3,855 2,768 2,046 1,173
Taxes (1,092) (823) (574) (365)
Tax rate (28) (30) (28) (31)
Minorities and other (688) (429) (329) --
Adj. profit 2,075 1,516 1,144 808
Exceptional items -- -- (39) --
Net profit 2,095 1,516 1,105 808
yoy growth (%) 38.20 37.20 36.80 (46)
NPM 7.73 6.43 5.50 8.52
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Dec-2019 Dec-2017 Dec-2016 Dec-2015
Profit before tax 3,855 2,768 2,046 1,173
Depreciation (1,153) (1,219) (1,461) (630)
Tax paid (1,092) (823) (574) (365)
Working capital 4,482 1,379 (112) 390
Other operating items -- -- -- --
Operating cashflow 6,093 2,104 (100) 568
Capital expenditure 15,806 13,282 11,940 586
Free cash flow 21,899 15,386 11,840 1,154
Equity raised 29,732 28,051 27,877 19,348
Investments (656) (1,428) (1,539) 52.20
Debt financing/disposal 79.30 61 49.90 47.60
Dividends paid 298 715 318 435
Other items -- -- -- --
Net in cash 51,351 42,785 38,546 21,036
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Dec-2019 Dec-2018 Dec-2017 Dec-2016
Equity capital 397 397 397 397
Preference capital -- -- -- --
Reserves 23,681 21,973 20,275 19,424
Net worth 24,078 22,370 20,672 19,821
Minority interest
Debt 41.10 39.70 24.10 29
Deferred tax liabilities (net) 1,431 1,589 1,671 1,565
Total liabilities 31,287 29,230 26,975 25,785
Fixed assets 22,256 21,644 21,565 21,992
Intangible assets
Investments 150 133 153 175
Deferred tax asset (net) 499 478 533 549
Net working capital (972) 536 (1,507) (1,496)
Inventories 2,097 2,958 2,458 2,164
Inventory Days 28.20 -- 38 39.30
Sundry debtors 1,069 1,305 932 924
Debtor days 14.40 -- 14.40 16.80
Other current assets 5,313 4,912 4,169 3,005
Sundry creditors (2,576) (3,216) (2,970) (2,230)
Creditor days 34.70 -- 45.90 40.50
Other current liabilities (6,873) (5,422) (6,096) (5,359)
Cash 9,355 6,439 6,232 4,564
Total assets 31,287 29,230 26,975 25,785
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Jun-2020 Dec-2019 Jun-2019 Dec-2018 Jun-2018
Gross Sales 10,894 13,204 13,899 12,746 13,295
Excise Duty -- -- -- -- --
Net Sales 10,894 13,204 13,899 12,746 13,295
Other Operating Income -- -- -- -- --
Other Income 258 219 382 210 174
Total Income 11,152 13,423 14,281 12,956 13,469
Total Expenditure ** 8,580 11,088 11,419 11,139 11,043
PBIDT 2,572 2,335 2,863 1,817 2,426
Interest 65 90.80 79 79.90 90.60
PBDT 2,507 2,244 2,784 1,737 2,335
Depreciation 588 595 558 580 574
Minority Interest Before NP -- -- -- -- --
Tax 636 484 780 (491) 555
Deferred Tax (52) (91) (82) (126) 7.49
Reported Profit After Tax 1,335 1,256 1,527 1,774 1,199
Minority Interest After NP 324 279 409 512 283
Net Profit after Minority Interest 1,011 977 1,118 1,262 915
Extra-ordinary Items -- -- -- (108) (30)
Adjusted Profit After Extra-ordinary item 1,011 977 1,118 1,370 945
EPS (Unit Curr.) 5.09 4.92 5.63 6.36 4.61
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 397 397 397 397 397
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 23.60 17.70 20.60 14.30 18.20
PBDTM(%) -- -- -- -- --
PATM(%) 12.30 9.51 11 13.90 9.02