Ambuja Cements Share Price

Ambuja Cements overview

Ambuja Cements journey

• 1981: Ambuja Cements is founded by Narotam Sekhsaria and Suresh Neotia as a Private Limited Company.
• 1983: The company becomes a public limited company.
• 1985: The company sets up a cement manufacturing plant in technical collaboration with the German group Krupp Polysius.
• 1991: Ambuja Cements receives approval for establishing another manufacturing facility in Himachal Pradesh, with a capacity of 1 MTPA.
• 1992: The company starts shipping its cement through sea transport.
• 1998: The company sets up a US $20 million clinker grinding unit in Sri Lanka.
• 2000: Ambuja Cements and Larson & Toubro enter into a collaboration to reduce the transportation cost of dispatching bulk cement in Gujarat.
• 2002: Commercial production begins at the Greenfield cement plant located at Chandrapur, Maharashtra, with a capacity of 2 MTPA.
• 2006: Global cement player Holcim acquires management control of the company.
• 2007: The name of the company changes from Gujarat Ambuja Cements to Ambuja Cements.
• 2009-10: Commercial production starts at the newly established facilities in Chhattisgarh and Himachal Pradesh. The first knowledge center is also set up. The company is awarded the Integrated Management System (IMS) Certification including ISO 14001:2004, ISO 9001:2008 and OHSAS 18001:2007 by BSI (UK).
• 2013: The company acquires a 50.01% stake in ACC. Holcim India also merged into Ambuja.
• 2016: ACC becomes the subsidiary of Ambuja Cements.
• 2021: The company continues to increase its production capacity at various locations and also starts to dispatch clinker and cement by rail.
• 2022: Adani Group acquires the major stake in the company by purchasing the stake from LafargeHolcim Group.

Ambuja Cements - Initial Public Offer (IPO)

Ambuja Cements products

• Ambuja Cement: High-strength cement used in the construction of buildings.
• Ambuja Kawach: Specially formulated cement with high-quality water-repellent properties.
• Ambuja Plus: Special quality PPC cement with advanced SPE technology.
• Ambuja Cool Walls: Keeps the walls cool with temperature-resistant concrete blocks.
• Ambuja Compocem: Sustainable cement product with a lighter carbon footprint.
• Ambuja Buildcem: High-strength Portland Pozzolana cement produced using fly ash.
• Ambuja Railcem: High-strength Blaine Portland cement for making concrete railway sleepers.

Ambuja Cements business highlights

Ambuja Cements management

• Chairman Emeritus: N S Sekhsaria
• Chairman (Non-Executive): Gautam Adani
• Chief Executive Officer (CEO): Ajay Kapur
• Chief Finance Officer (CFO): Vinod Baheti
• Investor Relations: Rajiv Gandhi

Indian cement industry overview

Size of the Indian cement industry

Industry growth prospects

Ambuja Cements growth prospects

Risks and concerns

• Rising energy and raw material prices can cause risks to the profitability and Ambuja Cements' stock price.
• Interest rates have been rising, which may result in slower demand for construction activities, which in turn can affect the sale of cement.
• Many infrastructure projects are initiated by the state and central governments, which have a tendency to get delayed or postponed. This can adversely affect the demand for cement.
• Huge investments might be required for reducing carbon footprint and emissions. This may affect profitability in the short to medium term.

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