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Ambuja Cements Ltd
NSE:AMBUJACEM

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Ambuja Cements Ltd
NSE:AMBUJACEM
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Price: 461.75 INR 1.21% Market Closed
Market Cap: ₹1.1T

EV/EBITDA

17.1
Current
10%
Cheaper
vs 3-y average of 19.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.1
=
Enterprise Value
₹1.2T
/
EBITDA
₹65.8B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.1
=
Enterprise Value
₹1.2T
/
EBITDA
₹65.8B

Valuation Scenarios

Ambuja Cements Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (19.1), the stock would be worth ₹514.92 (12% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+12%
Average Downside
6%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 17.1 ₹461.75
0%
3-Year Average 19.1 ₹514.92
+12%
5-Year Average 15.4 ₹414.6
-10%
Industry Average 12.2 ₹329.79
-29%
Country Average 17.7 ₹475.68
+3%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₹1.2T
/
Jan 2026
₹65.8B
=
17.1
Current
₹1.2T
/
Mar 2026
₹75.1B
=
16.6
Forward
₹1.2T
/
Mar 2027
₹97.5B
=
12.8
Forward
₹1.2T
/
Mar 2028
₹113.6B
=
11
Forward
₹1.2T
/
Mar 2029
₹182.3B
=
6.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
Ambuja Cements Ltd
NSE:AMBUJACEM
1.1T INR 17.1 30.7
IE
CRH PLC
NYSE:CRH
77.6B USD 12.1 20.7
CH
Holcim AG
SIX:HOLN
39.8B CHF 12.6 3
DE
HeidelbergCement AG
XETRA:HEI
33.1B EUR 8.3 17
US
Vulcan Materials Co
NYSE:VMC
37.9B USD 18 35.2
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 23.7 49.4
US
Martin Marietta Materials Inc
NYSE:MLM
36.8B USD 19.9 32.4
US
Amrize AG
SIX:AMRZ
24.6B CHF 12 25.7
DE
Heidelberg Materials AG
XMUN:HEI
21.9B EUR 5.8 11.3
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 9 44.7
CN
China Jushi Co Ltd
SSE:600176
126B CNY 30.4 39

Market Distribution

In line with most companies in India
Percentile
49th
Based on 2 785 companies
49th percentile
17.1
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

Ambuja Cements Ltd
Glance View

In the bustling world of Indian infrastructure, Ambuja Cements Ltd. stands as a pivotal player, crafting its narrative as a leading entity in the cement industry. Established in 1983, Ambuja has skilfully navigated the complex landscape to cement its place in the market. Known for its relentless focus on customer satisfaction and sustainability, the company has developed a unique approach to cement production by leveraging advanced technology and targeting efficiency in its operations. Ambuja’s success story is deeply rooted in its extensive distribution network, which provides it with an edge in reaching diverse markets across the country. The integration of innovative solutions into their manufacturing processes ensures that they remain at the forefront of producing high-quality cement, catering to a broad spectrum of construction needs. Ambuja Cements generates revenue primarily through the sale of its diverse range of cement products, which are crucial in infrastructure development and the construction of residential, commercial, and industrial projects. By focusing on both Ordinary Portland Cement and Blended Cement, the company taps into various market segments, from small-scale retailers to large construction corporations. The company’s strategic affiliation with the global cement giant Holcim Group further amplifies its capabilities in procurement and distribution, enabling it to optimize costs and expand its market footprint. Through its commitment to sustainable practices and a customer-centric approach, Ambuja has not only positioned itself as a pivotal player in the cement industry but also as a conscientious entity contributing to the infrastructural and economic growth of India.

AMBUJACEM Intrinsic Value
376.51 INR
Overvaluation 18%
Intrinsic Value
Price ₹461.75
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