Showing posts with the label ambuja cements

Ambuja Cements - Q4FY20 - Quarterly Results

Ambuja Cements - Q4FY20 - Quarterly Results The Mumbai headquartered Ambuja Cements, which was started in the year of 1983. Initially, the company was founded as Gujarat Ambuja Cements Limited and later renamed as Ambuja Cements Limited. Currently, the World's Largest Cement Manufacturer Holcim has acquired 62 Percent Stake in Ambuja Cements. The Current Market Cap of Ambuja Cements of Rs. 34,200 Crore and the Book value is around Rs. 116. The Price to Earning ratio is trading at 16 times. Ambuja Cements Limited is a Debt Free Listed Company, where the Interest Coverage Ratio stood at 25 Times. So, there is no near term issue about Loans. Already, we know that the Promoters holding is around 62 Percent. There is no Pledging on Promoters Holding. The Current Market Price (CMP) is trading at 1.50 Times on its Book Value. Recently, the company announced its Q4FY20 - Quarterly results. On March 2020 Quarterly Report, the Revenue is said to be Rs. 6,250 Crore. The Expenses are Rs. 5,058