Ambuja Cements – Q4FY20 – Quarterly Results
The Mumbai headquartered Ambuja Cements, which was started in the year of 1983. Initially, the company was founded as Gujarat Ambuja Cements Limited and later renamed as Ambuja Cements Limited.
Currently, the World’s Largest Cement Manufacturer Holcim has acquired 62 Percent Stake in Ambuja Cements. The Current Market Cap of Ambuja Cements of Rs. 34,200 Crore and the Book value is around Rs. 116.
The Price to Earning ratio is trading at 16 times. Ambuja Cements Limited is a Debt Free Listed Company, where the Interest Coverage Ratio stood at 25 Times. So, there is no near term issue about Loans.
Already, we know that the Promoters holding is around 62 Percent. There is no Pledging on Promoters Holding. The Current Market Price (CMP) is trading at 1.50 Times on its Book Value. Recently, the company announced its Q4FY20 – Quarterly results.
On March 2020 Quarterly Report, the Revenue is said to be Rs. 6,250 Crore. The Expenses are Rs. 5,058 Crore and the Other income stood at Rs. 145 Crore. Profit before Tax (PBT) was at Rs. 1,007 Crore and the Q4FY20 Net Profit was said to be Rs. 554 Crore.
The Reported Net Profit have a growth of 12 Percent as compared to the same period last year 2018-19. However, the sales growth has been declined by Year on Year. The Compounded Sales growth has grown about 22 Percent over the last five years and 15 Percent over a 10 Year Period.
Likewise, the Compounded Profit growth has risen by 8 Percent in the past five years and 6 Percent over a 10 year Period. The Stock price has fallen about 24 Percent in the past 12 months. The Return on Equity(ROE) has grown 11 Percent in the Past 10 years.
As per the Balance sheet, the Reserves are around Rs. 23,681 Crore in the December 2019 Ending period. In the Cement Segment, Ambuja Cements Limited have a good Fundamentals based on 10 Factors.
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