Q4 2024 Ambuja Cements Ltd, ACC Ltd and Sanghi Industries Ltd Earnings Call Transcript
Key Points
- ACC Ltd (BOM:500410) reported a revenue increase of 12% year-over-year, reaching INR8,894 crores.
- The company achieved the highest-ever clinker and cement sales for the last 20 quarters in Q4 FY24.
- Operational costs per ton decreased by 9%, driven by a 13% decline in energy costs.
- EBITDA grew by 37% to INR1,699 crores, with EBITDA per ton increasing by 17% to INR1,026.
- The company remains debt-free and has a strong cash position, with consolidated cash and cash equivalents at INR24,338 crores.
- Despite the positive financial performance, the company faces uncertainties related to future developments and market conditions.
- The company is awaiting environmental clearances for new clinker facilities, which could delay capacity expansion plans.
- Sanghi Industries, a recent acquisition, is still undergoing refurbishment and stabilization, which may impact short-term performance.
- The company's clinker factor is relatively high, which could affect cost efficiency in the long run.
- There are concerns about the impact of potential market price fluctuations on the company's profitability, despite cost-saving initiatives.
Ladies and gentlemen, good day, and welcome to the earnings conference call for the quarter and year ended March 31, 2024 of Ambuja Cements limited, ACC limited and Sanghi Industries Limited hosted by PhillipCapital India Private. (Operator Instructions) This conference is being recorded.
I now hand the conference over to you, Mr. Vaibhav Agarwal from PhillipCapital India Private Limited. Thank you, and over to you sir.
Yeah, Thank you, Michel, and good afternoon, everyone. On behalf of PhillipCapital India Private Limited We welcome you to the earnings call for the quarter and full year ended March 31, 2024 for Ambuja Cements Limited, ACC Limited and Sanghi Industries Limited.
I would like to mention on behalf of Ambuja Cements and subsidiaries that certain statements that may be made or discussed on this conference call may be forward-looking statements that relate to future developments and which are based on current management expectations.
These statements are
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