India's Ambuja Cements slips after Q4 results; analysts flag margin pressure

Ambuja Cements

05/05/2026 09:49

** Shares of India's Ambuja Cements ABUJ.NS fall 2.40% to 434.60 rupees

** Cement maker reported a threefold jump in Q4 profit, led by tax gains, strong cement sales volumes

** Shares were trading when co reported results on Monday before closing 0.25% higher

** Analysts cite margin pressure from higher costs, weak pricing and delayed cost savings

** Ambit Capital cuts PT by 65 rupees to 325 rupees; cut its FY27 and FY28 EBITDA estimates by 40% and 10%, respectively

** HSBC cuts PT by 30 rupees to 560 rupees; lowers FY27–FY29 EBITDA estimates by 15%, 9% and 9%, respectively

** Jefferies cuts PT by 20 rupees to 595 rupees; trims FY27–FY28 EBITDA estimates by ~5–8%

** YTD, stock down 21.61% vs Nifty Infrastructure .NIFTYINFR index's ~1.66% decline

(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))