Gujarat Ambuja Cements Ltd'

1
Gujarat Ambuja Cements Ltd.
January 16, 2004
2
Clinker Production
Lac Tonnes

• 2Q 2004 2Q 2003 Growth
• Gujarat 11.7 11.1 5
• Himachal 6.4 5.6 14
• Maharashtra 5.2 6.2
  (16)
• Total 23.3 22.9 2

3
Clinker Production ( October - December 2003)
mn tonnes

• LT 3.30
• Ambuja Group 3.07
• ACC 2.88
• Grasim 2.76

Source CMA
4
Clinker Production ( April - December 2003)
mn tonnes

• LT 9.79
• Ambuja Group 8.45
• ACC 8.31
• Grasim 8.05

Source CMA
5
Cement Production
Lac Tonnes

• 2Q 2004 2Q 2003 Growth
• Gujarat 12.52
  10.90 14
• Himachal/Punjab 8.12 7.92
  3
• Maharashtra 4.94 4.84
  2
• Total 25.58 23.66 8

6
A Comparison Major Cement Players
mn tonnes

• Despatches
• Oct.-Dec03 Apr-Dec.03
• ACC 3.61 11.13
• Ambuja Group 3.22 9.60
• Grasim 3.11 9.18
• LT 3.06 8.76

Source CMA
7
Gujarat Ambuja Cements Limited (Quarter
Snapshot)
Rs. Crores

• 2Q 2004 2Q 2003 Growth
• Sales -Volume (mn tonnes) 2.55 2.30
  11
• - Value 434 419
  4
• Operating Profit 113 140
  (19)
• Interest 22 26
  15
• Cash Profit 91 114
  (20)
• Depreciation 41 44
  (7)
• Profit Before Tax 50 70
  (29)
• Tax 6 10 (40)
• Credit of Exceptional Items (net)
  (16) -
  -
• Profit After Tax 60 60
  -
• Net Operating Margin () 26 33
  -

8
Sales - Volume (October-December)
Lac Tonnes

• 2Q 2004 2Q 2003 Growth
• Gujarat 7.99 6.95 15
• Himachal/Punjab 8.02 7.78 3
  
• Maharashtra 5.06 4.33
  17
• Domestic 21.07 19.06 11
• Export 4.40 3.96
  11
• Total 25.47 23.02
  11

9
Sales Realisation (October-December)
Rs./ tonne

• Oct-Dec Jul-Sept
• 2003 2002 2003
• Domestic 1807 1958
  1762
• Export 1220 1164 1224
• Total 1706 1821 1668
• Increase/ (Decrease)
• Quarter on Quarter 2
• Year on Year (6)

10
Power Cost

• Oct-Dec Jul-Sept
  
• 2003
  2002 2003
• Units consumed 85 86
  90
• Cost (Rs./Ton) 180 187
  183

11
Fuel Cost

• Oct-Dec
  Jul-Sept
• 2003
  2002 2003
• K. Cal/ Kg of Clinker 718 729
  727
• Cost (Rs./Ton) 229
  224 230

12
Cost Of Production
Rs./ tonne

• Oct-Dec Jul-Sept
• 2003
  2002 2003
• Power 180 187
  183
• Fuel 229 224
  230
• Raw material 146 134
  140
• Consumables 51 56
  67
• Direct cost 606 601
  620

13
Performance of OurSubsidiary Associate Company
14
Ambuja Cement Eastern Limited (October-December)

Rs. Crores

• 2Q 2004 2Q 2003
• Sales - Volume-Lac tonnes 3.07 3.07
• - Value 70.3 76.0
• Operating Profit 16.8 21.1
• Interest 3.1 4.6
• Depreciation 6.3 6.2
• Profit after tax 4.9 10.2
• Net Operating Margin 24 28

15
Ambuja Cement Rajasthan Limited
(October-December)
Rs. Crores

• 2Q 2004 2Q 2003
• Sales - Volume Lac tonnes 3.55 3.35
• - Value 65.1 63.8
• Operating Profit 16.6 15.2
• Interest 9.6 9.9
• Depreciation 6.8 6.3
• Profit/(Loss) 0.2 (1.0)
• Net Operating Margin 25 24

16
GACL VS BSE Sensex
187 173
17
THANK YOU