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AMBUJACEM - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 3.7

Stock Code AMBUJACEM Market Cap 1,10,376 Cr. Current Price 444 ₹ High / Low 625 ₹
Stock P/E 30.8 Book Value 206 ₹ Dividend Yield 0.45 % ROCE 8.80 %
ROE 8.77 % Face Value 2.00 ₹ DMA 50 462 ₹ DMA 200 516 ₹
Chg in FII Hold 0.03 % Chg in DII Hold -0.02 % PAT Qtr 227 Cr. PAT Prev Qtr 1,571 Cr.
RSI 47.0 MACD 1.15 Volume 35,20,402 Avg Vol 1Wk 27,18,068
Low price 394 ₹ High price 625 ₹ PEG Ratio 1.49 Debt to equity 0.02
52w Index 21.7 % Qtr Profit Var -87.1 % EPS 13.7 ₹ Industry PE 30.8

📊 Financials: AMBUJACEM shows moderate fundamentals with ROE at 8.77% and ROCE at 8.80%, reflecting average efficiency. Debt-to-equity ratio of 0.02 highlights a strong balance sheet with minimal leverage. EPS of ₹13.7 supports earnings visibility, though quarterly PAT dropped sharply from ₹1,571 Cr. to ₹227 Cr. (-87.1%).

💹 Valuation: Current P/E of 30.8 is aligned with industry average (30.8), suggesting fair valuation. PEG ratio of 1.49 indicates moderate growth prospects relative to valuation. P/B ratio (~2.2) is reasonable compared to book value ₹206, offering some intrinsic value comfort.

🏢 Business Model: AMBUJACEM operates in cement manufacturing, benefiting from infrastructure demand and housing growth. Competitive advantage lies in scale and strong brand presence. However, profitability metrics remain weak, and earnings volatility reduces margin of safety.

📈 Entry Zone: Attractive entry closer to ₹438–448, near DMA 50 (₹462) and support levels. Current price ₹444 is within fair accumulation zone, offering reasonable risk-reward.

📌 Long-Term Holding: Suitable for medium-to-long term investors (2–4 years). Strong balance sheet supports holding, but weak ROE/ROCE and sharp profit decline require cautious monitoring.


Positive

  • Debt-to-equity ratio of 0.02 shows near debt-free status
  • EPS of ₹13.7 supports earnings visibility
  • FII holdings increased slightly (+0.03%)
  • Strong brand presence in cement industry

Limitation

  • Weak ROE (8.77%) and ROCE (8.80%)
  • Quarterly PAT decline (-87.1%) highlights earnings volatility
  • Dividend yield of 0.45% is modest
  • DII holdings decreased (-0.02%)

Company Negative News

  • Sharp quarterly profit decline from ₹1,571 Cr. to ₹227 Cr.
  • Domestic institutional selling (-0.02%)

Company Positive News

  • FII holdings increased (+0.03%), showing foreign investor confidence
  • Strong industry positioning and brand recognition

Industry

  • Cement sector supported by infrastructure and housing demand
  • Industry P/E at 30.8, aligned with company valuation

Conclusion

AMBUJACEM is a moderately attractive candidate with fair valuation and strong balance sheet, but weak efficiency metrics and sharp profit decline limit upside. Entry is recommended near ₹438–448 for margin of safety. Long-term investors can hold with a 2–4 year horizon, booking partial profits near ₹600–620 resistance unless profitability improves significantly.

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