AMBUJA CEMENTS

Introduction

initially called Gujarat Ambuja Cements Ltd.

founded by Narotam Sekhsaria in 1983 with a partner, Suresh Neotia.

commenced cement production in 1986.

Holcim acquired management control of ACL in 2006. (today over 46%).

Products and major raw materials used

Products

Portland Pozzolano cement (PPC)

a mixture of ordinary portland cement and

pozzolana materials such as fly ash.

Ordinary Portland cement (OPC)

a mixture of portland clinker and

gypsum

Uses

Total Production

About 75% ready-mix concrete,

(buildings, bridges, sidewalks, walls and all types of

structures.)

The rest building materials(concrete blocks,

pipes and pre-cast slabs in road building and

repairs and other nation building applications.)

Standalone Managerial P&L

Standalone Managerial BS

Standalone Operating Cash Flow

Commonsize P&L

Consolidated Managerial P&L

Consolidated Managerial BS

Consolidated Operating CF

Du Point

Major Ratios

Z Score

Valuations