Ambuja Cement Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Ambuja Cement Fundamentals, Financial Trends, Future Plans and more
As the infrastructure of countries are increasing, the demand for cement is also increasing and will continue to increase. Investors are also predicting that very good growth has been seen in cement industries and will continue to be so.
In such a situation, it comes to a leading cement industry whose name is Ambuja Cement Limited. It has already given fantastic returns to its investors and has the potential to do well in the future.
Hey friends I am Sachin an author of this blog, and I have brought you the best analysis of Ambuja Cement. First of all we will analyze it well after that we will try to know Ambuja Cement Share Price Target. So stay tuned till the end of the blog, so let’s get started.
About Ambuja Cement
Ambuja Cement Limited is a leading cement company in India which was founded in 1983 and is headquartered in Mumbai, India. It is a part of the global conglomerate LafargeHolcim. Ambuja Cement is known for its high-quality products and sustainable practices.
The company has a strong presence in the western and northern regions of India, with a network of more than 5,800 dealers and retailers. Ambuja Cement has also established a strong export market, with exports to countries in the Middle East, Africa, and the Caribbean. In addition to cement, the company also produces and markets ready-mix concrete and aggregates. According to 2020 data, this company is employing more than 4,625 peoples in the company.
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Ambuja Cement Shareholding
- Promoters holds 63.22%
- Foreign Institutional Investors holds 11.05%
- Retail and Others holds 10.66%
- Domestic Institutional Investors holds 7.70%
- Mutual Funds holds 7.37% of Ambuja Cement Share
Ambuja Cement Financial Trends
If we talk about the Revenue and Profit of Ambuja Cement then –
Its revenue in 2018 has been ₹ 26,041 Cr and profit is ₹ 2,177 Cr. There was a revenue of ₹ 27,104 Cr in 2019 and a profit of ₹ 2,095 Cr. In the same 2020, there was a profit of ₹ 2,365 crore with a revenue of ₹ 24,516 Cr. And this year i.e. in 2021 there has been a profit of ₹ 2,780 Cr with a revenue of ₹ 28,965 Cr.
Ambuja Cement Fundamentals
| Market Cap | ₹91,518 Cr |
| P/E Ratio | 47.85 |
| ROE | 11.56% |
| EPS | ₹9.63 |
| Dividend Yield | 0.54% |
| Book Value | ₹159 |
| Debt | ₹475 Cr |
| Debt To Equity | 0.02 |
Ambuja Cement Share Price Target 2023 – 2030 Table
| Year | Ambuja Cement Share Price Target |
|---|---|
| 2023 | ₹560 |
| 2024 | ₹790 |
| 2025 | ₹1050 |
| 2026 | ₹1300 |
| 2027 | ₹1590 |
| 2028 | ₹1880 |
| 2029 | ₹2100 |
| 2030 | ₹2500 |
Ambuja Cement Share Price Target 2023
Ambuja Cement has given 40% returns in the last 6 months and 30% returns in 1 year i.e. from January 2022 to January 2023, which is much better than bank returns. If we look at its all time returns, then from January 1999 to January 2023, it has given returns of 2900%. If its average comes out, then it has given returns of 126%, which is quite good.
Considering these, Ambuja Cement Share Price Target 2023 can be ₹560 and ₹600 will be the highest price we will get to see.
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Ambuja Cement Share Price Target 2024
The fundamentals of the company have deteriorated slightly. Currently its EPS is 9 which is a bit low compared to its price. Its ROE is 11% which is almost fine and its P/E ratio is 53 which is right according to its growth. So there is a lot of chance for its growth, but for the time being its fundamentals have to be improved a bit.
So by these, we can get to see first and second Ambuja Cement Share Price Target 2024 of ₹790 and ₹850 respectively.
Ambuja Cement Share Price Target 2025
The financials of the company are very good, it has been growing continuously for the last 4 years. This was the highest profit in 2021 and in 2022 it has also made a better profit. Ambuja is taking very good steps to expand its company and is also increasing its manufacturing plants.
Considering these, Ambuja Cement Share Price Target 2025 can be of ₹1050 and higest price can goes upto ₹1150. This is the expected price, if there is further improvement in the financials of the company, we will see more growth.
Ambuja Cement Share Price Target 2030
Ambuja Cement’s has a debt of ₹475 Cr, which is very less according to its equity. Due to less debt, the company is able to utilize maximum profit and expand, which is a good thing. Growth will be seen in the future because its financials are very good and the fundamentals are also almost right.
Taking these into account, if we try to predict Ambuja Cement Share Price Target 2030 then it will be of ₹2500 and higest price can be of ₹2800.
For more details about the share watch this video –
Conclusion
There are many pros and cons of Ambuja Cement Limited share as well. So in such a situation it becomes a bit difficult to tell whether it will be right to invest in it or not. Currently the company is coming down from its all time high and it is a bit difficult to tell how much further it will fall. What do you think? it would be right to invest in it or not? tell in the comment below.
The Ambuja Cement Share Price Target 2023, 2024, 2025, 2026, 2030 that has been told on the basis of technical analysis and its technical time keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
FAQs
Is Ambuja Cement a debt free company?
No, the Ambuja Cement has a huge debt of ₹475 crore and its debt to equity ratio is 0.02.
When was the Ambuja Cement company established?
The Ambuja Cement company was established in 1983.
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