Backed by a debt-free balance sheet with Rs 10,125 crore in cash and cash equivalents, Ambuja Cement is structurally set to gain share in a growing cement market, says Systematix.
Ambuja Cement has crossed the 100 million tonnes per annum capacity mark, positioning itself as the nineth largest global cement company. With the acquisition of Orient Cement and the commissioning of the Farakka grinding unit, the company is well on track to achieve 118 MTPA by FY26.