Adani Cement Targets 45-50% Profit Growth in 5 Years

31 Aug 2023 CW Team

Adani Cement, part of the Adani Group and the second-largest cement manufacturer in India due to its acquisitions of ACC and Ambuja Cements, is set to enhance profitability by 45-50% over the next five years, according to CEO Ajay Kapur. The company intends to achieve this growth by constructing new capacities with cost advantages and implementing strategic initiatives to enhance the existing plant's profitability.

Kapur stated that the target Ebitda (earnings before interest, tax, depreciation, and amortisation) per tonne is projected to rise from ₹1,000 to ₹1,450-1,500 over the coming five-year cycle. The current Ebitda margin of 20% is expected to improve to 25%. Adani Cement plans to double its capacity to 140 million tonnes within five years, requiring an estimated capital expenditure of Rs 470 billion.

Kapur emphasised the importance of cost efficiency, aiming to position the company as a low-cost cement producer globally during its expansion to 140 million tonnes. Initiatives are expected to result in savings of Rs 300-400 per tonne over 36 months, with additional cost advantages expected from the new capacities and improved logistics.

The company's ambitious targets also include achieving sales volume of 120 million tonnes, revenue of Rs 700 billion, and operating profit of Rs 175 billion by March 2028. Funding for the capacity expansion will come from operating profits and cash equivalents, with Adani Cement's capacity set to exceed 100 million tonnes by the end of 2025.

Resources

08 Sep 2025

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..