Slide 1: Exchange filing cover letter for investor presentation
ACL:SEC: October 22, 2020 BSE Limited, National Stock Exchange of India Ltd., Phiroz Jeejeebhoy Towers, Plot No.C/1 'G' Block Dalal Street, Mumbai – 400 023 Bandra – Kurla Complex corp.relations@bseindia.com Bandra East, Mumbai 400 051 cmlist@nse.co.in Deutsche Bank Societe de la Bourse de Luxembour
Slide 2: Third quarter and Nine months ended Year 2020 results
Third quarter and Nine months ended Year 2020 results 22nd October 2020 © LafargeHolcim Ltd 2015
Slide 3: Contents
CONTENTS Performance Highlights Performance Analysis Standalone and Consolidated results Products Portfolio Ambuja Cement Foundation – Community outreach measures 2
Slide 4: Q3 2020 Performance Highlights
Q3 2020 PERFORMANCE HIGHLIGHTS Q3 2020 Robust EBITDA margin expansion; up by 710 bps to 24.3% EBITDA of ₹ 681 crore; up by 55% Profit after tax up by 88% to ₹ 441 crore Net Sales sees a growth of 10% Cement realisations were flat 2% YoY Total Operating expenses declined by ₹ 326 PMT, 8% YoY Company
Slide 5: 9M 2020 Performance Highlights
9M 2020 PERFORMANCE HIGHLIGHTS 9 M 2020 EBITDA Margin at 24.4% up by 510 bps EBITDA of ₹ 1,879 crore ahead of 2019 by 17% EBITDA PMT increased by 31% to ₹ 1,203 Profit after tax at ₹ 1,293 crore up by 20% Net Sales de-grew 7% due to Covid-19 situation Cement realisations up 3% YoY Total Operating ex
Slide 6: Contents
CONTENTS Performance Highlights Performance Analysis Standalone and Consolidated results Products Portfolio Ambuja Cement Foundation – Community outreach measures 5
Slide 7: Q3 2020 Performance Analysis: Sales Volumes and Net Sales
Q3 2020 PERFORMANCE ANALYSIS Sales Volumes and Net Sales Million Tonnes – Cement & Clinker ₹ Cr. +8% +10% 6.54 3,038 5.77 2,760 2,802 5.67 2,556 5.26 2,144 4.19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Sales Volumes Net Sales Strong volume growth of +8% supported by positive price
Slide 8: EBITDA and EBITDA per Tonne trend
EBITDA ₹ Cr and EBITDA / Tonne trend ₹ Cr. ₹/T 363/t +55% +43% 681 1,422 603 595 1,200 548 1,047 440 837 837 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 EBITDA EBITDA PMT Absolute EBITDA recorded a solid growth of 55% to ₹ 681 Crore with a margin expansion of 710 bps EBITDA PMT incre
Slide 9: Key Costs - Power & Fuel and Freight & Forwarding
Key Costs - Power & Fuel and Freight & Forwarding Costs trend ₹/T ₹/T 125/t 14/t -11% +1% 1,139 1,292 1,281 1,287 1,306 1,023 1,202 989 1,014 975 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Power & Fuel Freight & Forwarding Power & Fuel costs lower by ₹ 125/t YoY on account of lowe
Slide 10: Key Costs - Raw Material and Other Expenses
Key Costs - Raw Material Costs and Other Expenses trend ₹/T ₹/T 103/t 225/t -21% -22% 485 1,001 438 862 390 840 382 776 335 677 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Other expense Raw Material Raw Material costs decreased YoY mainly due to reduction in rate of Fly & Gypsum th
Slide 11: Total cost reduction of 8% YoY, Q3 2020 vs Q3 2019
Total cost sees a reduction of 8% YoY i.e. Q3 2020 vs Q3 2019 Raw Material Freight Change in Inventory ₹/t Employee cost Other expenses Power & Fuel Purchase of Traded goods -8% Total Cost 4,158 Raw Material 485 3,832 Employee Cost 319 382 286 Power & Fuel 1,139 1,014 1,292 Freight & Forwarding 1,30
Slide 12: Total cost reduction of 3% YoY, 9M 2020 vs 9M 2019
Total cost sees a reduction of 3% YoY i.e. 9M 2020 vs 9M 2019 ₹/t Raw Material Employee cost Freight Other expenses Change in Inventory -3% Power & Fuel Purchase of Traded goods Total Cost 3,959 3,827 Raw Material 422 390 Employee Cost 288 310 Power & Fuel 1,094 993 1,288 1,271 Freight & Forwarding
Slide 13: Contents
CONTENTS Performance Highlights Performance Analysis Standalone and Consolidated results Products Portfolio Ambuja Cement Foundation – Community outreach measures 12
Slide 14: Standalone Results: July-September 2020
Standalone Results: July-September 2020 Increase in EBITDA by 55% vs top line growth of 9.7% Jul – Sep Jul – Sep Jan –Sep Jan –Sep Particulars UOM ∆% ∆% 2019 2020 2019 2020 Sales volume Mnt 5.23 5.67 8.4% 17.42 15.62 -10.4% Price (Cement) ₹ per Bag 247 247 -0.1% 241 248 2.7% Q3 19 vs Q3 20 Sales ₹ c
Slide 15: Consolidated Results: July-September 2020
Consolidated Results: July-September 2020 Particulars UoM Jul-Sep Jul-Sep ∆% Jan-Sep Jan-Sep ∆% 2019 2020 2019 2020 Sales ₹ Cr 5,957 6,071 1.9% 19,576 16,744 -14.5% Comments Revenue from operations ₹ Cr 6,077 6,169 1.5% 19,982 17,063 -14.6% Operating Expenses ₹ Cr 5,078 4,820 -5.1% 16,502 13,400 -18
Slide 16: Contents
CONTENTS Performance Highlights Performance Analysis Standalone and Consolidated results Products Portfolio Ambuja Cement Foundation – Community outreach measures 15
Slide 17: Ambuja Product Portfolio
AMBUJA PRODUCT PROTFOLIO STRENGTH FOR THE CORE Ambuja Cement A ‘ ‘ambula > i i reouroces | QQ = os i x, A KAA sy. t Ly | i i | i § | | ie 28 WV THE SCIENCE You build your home only ence, and to bul D right materials, the right techniques and the OF MAKING ts Anja Certed Tecmo bigs the tectniques wed
Slide 18: Contents
CONTENTS Performance Highlights Performance Analysis Standalone and Consolidated results Products Portfolio Ambuja Cement Foundation – Community outreach measures 17
Slide 19: CSR Initiatives
CSR Initiatives Community outreach through Ambuja Cement Foundation (ACF) SEDIs have trained 2,100 rural youth and placed 1,706 trainees in July–September 2020 through online skilling training programs. Renting tablets through SHGs or women federations have also been made available for trainees
Slide 20: Disclaimer
Disclaimer Cautionary statement regarding forward-looking statements This presentation may contain certain forward-looking statements relating to Ambuja Cements Ltd. (“Ambuja”, or “Company”) and its future business, development and economic performance. These statements include descriptions regardin
Slide 21: Confidential – Not to be distributed
Confidential – Not to be distributed