Ambuja Cements Limited Earnings Summary — Q4 FY2026

May 10, 2026

To

National Stock Exchange of BSE Limited
India Limited

National Stock Exchange of BSE Limited

Scrip Code: AMBUJACEM

Luxembourg Stock
Exchange

Code: US02336R2004

Sub.: Transcript of Earning Call pertaining to the Audited Financial Results of the
Company for the Quarter and Financial Year ended March 31, 2026.

Dear Sirs/Madam,

In continuation of our letters dated April 14, 2026 regarding Analyst/Institutional
call scheduled on May 04, 2026, please note that the transcript of the earnings
conference call on the Audited Financial Results (Standalone & Consolidated) for
the quarter and financial year ended March 31, 2026 is uploaded on the website of
the Company at [www.ambujacement.com](http://www.ambujacement.com/). The said transcript is also attached
herewith.

The Web link to access above transcript is as under -Investor Presentations \|
Ambuja Cement

Kindly take the above on your record.

Thanking you,

Yours faithfully,
For Ambuja Cements Limited

Ambuja Cements Limited
Registered Office:
Adani Corporate House
Shantigram, Near Vaishno Devi Circle,
S. G. Highway, Khodiyar,
Ahmedabad – 382 421, Gujarat, India
Ph +91 79-2656 5555
E mail: [investors.relation@adani.com](mailto:investors.relation@adani.com) [www.ambujacement.com](http://www.ambujacement.com/)
CIN: L26942GJ1981PLC004717

Manish Mistry

Manish Mistry
Company Secretary & Compliance Officer

Encl: As above

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# “Ambuja Cements, ACC Ltd and Orient Cement Q4 FY '26 Earnings Call”

# May 04, 2026

## MANAGEMENT: MR. KARAN ADANI, DIRECTOR – AMBUJA CEMENTS MR. VINOD BAHETY, CHIEF EXECUTIVE OFFICER –

## AMBUJA CEMENTS MR. ROHIT SONI, CHIEF FINANCIAL OFFICER –

## AMBUJA CEMENTS MR. DEEPAK BALWANI, HEAD INVESTOR RELATIONS –

## AMBUJA CEMENTS

## MODERATOR: MR. DHARMESH SHAH – JM FINANCIAL

### Page 1 of 21

* * *

Moderator: Ladies and gentlemen, good day, and welcome to the Ambuja Cements Limited Q4 FY '26
Earnings Call hosted by JM Financial Institutional Securities Limited. As a reminder, all
participant lines will be on listen-only mode and there will be an opportunity for you to ask
questions after the presentation concludes. Should you need assistance during the conference
call, please signal an operator by pressing star then zero on your touchtone phone. Please note
that this conference is being recorded.

I would now like to hand the conference over to Mr. Dharmesh Shah from JM Financial. Thank
you, and over to you.

Dharmesh Shah: Thank you, everyone. Without much delay, I will transfer the call to Mr. Deepak Balwani, Head
of Investor Relations. Mr. Deepak, over to you.

Deepak Balwani: Thank you, Dharmesh. On behalf of Ambuja Cements, I'm pleased to welcome all the
participants to our earnings call for the fourth quarter of FY '26. Ambuja Cements is the ninth
largest building material solutions company globally and part of the diversified Adani Portfolio.
Before we start, please note that this call may include forward-looking statements based on our
current beliefs and expectations. These are not guarantees of future performance and may
involve unforeseen risks and uncertainties.

We remain committed to further strengthening our disclosure standards and improving the
quality of our capital market communication to the best in the industry. We are pleased to have
with us on the call Mr. Vinod Bahety, Chief Executive Officer; and Mr. Rohit Soni, Chief
Financial Officer.

Now I invite Mr. Bahety to provide his valuable insights on the quarterly performance.

Vinod Bahety:

Yes. Thank you, Deepak. Thanks, Dharmesh. Good evening, everyone. FY '26 was a year of
resilience for the Indian cement sector marked by industry consolidation and the GST 2.0
reforms on one side, while the adverse and the extended weather conditions, global geopolitical
factors and the various state elections also affected the industry and demand in some or the other
way.

Against this backdrop, Ambuja delivered a resilient performance for the year, achieving its
highe

…