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AMBUJACEM - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 3.7

Stock Code AMBUJACEM Market Cap 1,09,107 Cr. Current Price 441 ₹ High / Low 625 ₹
Stock P/E 30.4 Book Value 206 ₹ Dividend Yield 0.45 % ROCE 8.80 %
ROE 8.77 % Face Value 2.00 ₹ DMA 50 501 ₹ DMA 200 540 ₹
Chg in FII Hold -0.11 % Chg in DII Hold 0.23 % PAT Qtr 227 Cr. PAT Prev Qtr 1,571 Cr.
RSI 31.6 MACD -24.1 Volume 31,30,486 Avg Vol 1Wk 46,56,550
Low price 424 ₹ High price 625 ₹ PEG Ratio 1.47 Debt to equity 0.02
52w Index 8.35 % Qtr Profit Var -87.1 % EPS 13.7 ₹ Industry PE 28.2

📊 Financials

  • Revenue & Profitability: PAT dropped sharply from ₹1,571 Cr. to ₹227 Cr., showing -87.1% quarterly variation. EPS at ₹13.7 is modest, reflecting weak earnings momentum.
  • Margins & Returns: ROCE at 8.80% and ROE at 8.77% are below industry averages, indicating limited efficiency.
  • Debt & Liquidity: Debt-to-equity ratio of 0.02 highlights a virtually debt-free balance sheet, ensuring resilience.
  • Cash Flow: Dividend yield of 0.45% provides minimal shareholder returns.

💹 Valuation

  • P/E Ratio: 30.4 vs Industry PE of 28.2 — trading at a slight premium.
  • P/B Ratio: Current price ₹441 vs Book Value ₹206 — ~2.1x book value, fair valuation.
  • PEG Ratio: 1.47 — indicates moderate valuation relative to growth.
  • Intrinsic Value: Current price is near fair value, offering limited upside.

🏢 Business Model & Competitive Advantage

  • Strong presence in cement manufacturing with nationwide distribution.
  • Low debt enhances financial flexibility.
  • Weak returns and declining profits limit competitive strength compared to peers.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive accumulation range between ₹425 – ₹450, near its 52-week low.
  • Long-Term Holding: Fundamentals are stable but profitability is under pressure. Accumulate cautiously on dips for long-term exposure to infrastructure growth.

✅ Positive

  • Debt-to-equity ratio of 0.02 ensures financial stability.
  • Dividend yield of 0.45% provides shareholder returns.
  • DII holdings increased by 0.23%, showing domestic institutional confidence.

⚠️ Limitation

  • Quarterly PAT declined sharply (-87.1%), showing earnings weakness.
  • ROCE and ROE are below industry averages.
  • Stock trading below DMA 50 and DMA 200 indicates weak technical momentum.

📉 Company Negative News

  • FII holdings declined by 0.11%, showing reduced foreign investor confidence.
  • RSI at 31.6 and MACD negative (-24.1) reflect bearish technical signals.

📈 Company Positive News

  • Debt-free balance sheet enhances resilience.
  • DII holdings increased, showing confidence from domestic institutions.

🏭 Industry

  • Cement sector benefits from infrastructure and housing demand.
  • Industry PE at 28.2 is slightly lower than company’s valuation, highlighting premium pricing for AMBUJACEM.

🔎 Conclusion

AMBUJACEM shows stable fundamentals with low debt and fair valuation, but suffers from weak profitability and declining returns. While industry demand remains strong, short-term earnings weakness raises caution. Best strategy: accumulate cautiously near ₹425–₹450 and hold for long-term gains, leveraging infrastructure growth and the company’s strong market presence.

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