Q4 2024 Ambuja Cements Ltd, ACC Ltd and Sanghi Industries Ltd Earnings Call Transcript
Key Points
- Sanghi Industries Ltd (BOM:526521) reported a revenue increase of 12% year-over-year, driven by strong market management and expansion of the dealer network.
- Operational costs per ton declined by 9%, attributed to a 13% reduction in energy costs and an 8% decrease in transportation costs.
- EBITDA grew by 37% to INR1,699 crores, with EBITDA per ton increasing by 17% to INR1,026.
- The company has secured 42 million tons of new limestone reserves, bringing the total to 7.8 billion tons.
- Sanghi Industries Ltd (BOM:526521) plans to increase its grinding capacity to 140 million tons by FY28, with significant investments in new facilities and efficiency improvements.
- The company faces uncertainties related to environmental clearances for new clinker facilities, which could delay expansion plans.
- Despite improvements, the company's fuel costs remain a significant expense, with ongoing efforts required to secure more cost-effective sources.
- The logistics cost, although reduced, still represents a substantial portion of operational expenses, necessitating further optimization.
- The integration of Sanghi Industries Ltd (BOM:526521) into the broader Adani Group's cement business may present challenges in aligning operational efficiencies and market strategies.
- The company's ambitious capacity expansion plans require substantial capital investment, which could strain financial resources if not managed effectively.
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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