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India Cement is eyeing a sharp spike in its profitability, with earnings before interest, tax, depreciation and amortisation (Ebitda) per tonne crossing ₹1,000 in three years from just ₹40 in the March quarter, a top executive said.
“During this year, we target to cross an Ebitda per metric tonne of ₹500, FY27 should be crossing ₹800, and thereafter a four-digit mark,” said Atul Daga, chief financial officer of India Cement that became a subsidiary of UltraTech Cement late in December.
An improvement in volumes, higher margins by way of prices and cost efficiency, lower logistics costs, and overhead optimisation will aid the profitability, Daga told analysts on a call post the company’s quarterly earnings. “Practically, all elements of the P&L are getting addressed for improvement,” he said.
The South India-centred company, which became a subsidiary of UltraTech Cement late in December, achieved operating Ebitda breakeven in March.
Its interest rate outgo is down by 3.76% since the acquisition, falling to ₹38 crore in the March quarter from ₹64 crore in the year-ago period. UltraTechplans to spend ₹1,500 crore as capital expenditure on India Cements over the current amd next fiscal.
- Published On Apr 29, 2025 at 08:41 AM IST
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