AMBUJACEM

ACL:SEC: April 29, 2021 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 Luxembourg, Trust Company Americas Avenue de la Porte Neuve Winchester House L-2011 Luxembourg, 1 Great Winchester Street B.P 165 London EC2N 2DB "Luxembourg Stock Ex-Group ID " Documents <ctas.documents@db.com <ost@bourse.lu Dear Sir, Sub: Investor Presentation on the Financial Results for the quarter ended March 31, 2021 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the Investor presentation on financial results for the quarter ended March 31, 2021. Kindly take the same on record. Thanking you, Yours faithfully, For Ambuja Cements Limited Rajiv Gandhi Company Secretary Membership No. A11263 Safe-harbour statement 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 regarding the intent, belief or current expectations of the Company, its subsidiaries and associates and their respective directors and officers with respect to the results of operations and financial condition of the Company, subsidiary or associate, as the case may be. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Company assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise. Any forward-looking statements and projections made by third parties included in this presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this presentation. This presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omissionfrom, this presentationis expressly excluded. This presentation and its contents are confidential and should not be distributed, published or reproduced, in whole or in part, or disclosed by recipients directly or indirectly to any other person. Index Company Overview Performance Highlights Strategic Priorities Sl ide 4- 6 Slide 7- 15 Slide 16- 21 Built on a strong foundation Our Vision People, partners Operational Environment To be the most sustainable and community and competitive company in our industry 29.65 ~5,000 5.1% MTPA Installed cement Employee base Thermal Substitution Rate capacity Our Purpose To create value for all 291 ~50,000 ~63%  Delighted Customers MW  Inspired Employees Captive power plant Channel partners Clinker factor  Enlightened Partners capacity  Energized Society  Loyal Shareholders  Healthy Environment 5 30 8x Bulk cement terminals Ambuja Knowledge Centres Water positive across the country COMPANY OVERVIEW 5 Appreciated for our efforts across platforms Indian Chamber of Commerce Ambuja Kawach, among the first Ambuja’s Contractor Loyalty Ambuja Cement awarded the Social Impact Awards: Team 10 LH solutions (first in India) Program, ‘Ambuja Abhimaan’ won Times Best Cement Brand - East Sankrail won for Gender Equality recognized by Solar Impulse the Best Mobile Loyalty Program at the Times Business Awards and Women Empowerment in Foundation’s efficient solution under the Customer Loyalty 2021 Large Category and Team Farakka label, acknowledging world-leading category at the Customer Fest won for Healthcare in the Small technologies that protect the LeadershipAwards 2021 Project Category environment in a profitableway COMPANY OVERVIEW 6 Robust financial performance backed by strong growth in volumes and efficiency gains 7.24 >96 3,579 MT % ₹ cr. Sales Volume - CLC Capacity utilisation Net Sales 26% 15 pp 30% (YoY) (YoY) (YoY) 977 851 665 ₹ cr. ₹ cr. ₹ cr. EBITDA EBIT Profit After Tax 62% 83% 67% (YoY) (YoY) (YoY) CLC –Cement + Clinker PERFORMANCE HIGHLIGHTS 8 Performance driven by Increased Penetration of I Can program resulting in Progress on sustainable Premium / Special operational efficiency construction - Cement Cool Wall Blocks and PuraSand Synergies under Master Supply Establishing linkages between Expansion plan on track to Agreement with ACC continues to be all stakeholder through digital capture future growth strongly positive for both companies eco-system PERFORMANCE HIGHLIGHTS 9 Financial results – Standalone Quarter Ended March 2021 (all amount in ₹ Crore) Q1 2020 Q1 2021 Change Net Sales 2,760 3,579 29.7% EBITDA 603 977 61.9% EBITDA Margin (%) 21.9% 27.3% 5.4 pp Operating EBIT 465 851 83.0% Operating EBIT Margin (%) 16.9% 23.8% 6.9 pp Profit Before Tax 530 886 67.1% Tax Expenses 131 222 68.7% Profit After Tax 399 665 66.5% Earnings Per Share (₹/share) 2.01 3.35 66.5% PERFORMANCE HIGHLIGHTS 10 Performance analysis – Sales Volume and Price Sales volume – Cement + Clinker Realisations* (million tonnes) (₹/tonne) 4,945 7.24 4,792 5.76 Q12020 Q12021 Q12020 Q12021  Sales volumes grew by 25.6% for the  Realisations per tonne grew 3.2% for the quarter, Sales Volumes grew across quarter supported by good growth in regions in Q1 2021 Special / Premium products *includes special products PERFORMANCE HIGHLIGHTS 11 Performance analysis – EBITDA EBITDA Margin EBITDA (%) (₹/tonne) 27.3 1,350 21.9 1,047 Q12020 Q12021 Q12020 Q12021  EBITDA margins grew by 5.4 pp for the  EBITDA per tonne grew by 28.9% quarter endedMarch 2021 supported by growth in volumes including special products and operational and logistics efficiency PERFORMANCE HIGHLIGHTS 12 Performance analysis – Costs Power and fuel Cost Raw material Cost (₹/tonne) (₹/tonne) 1,016 438 423 976 Q12020 Q12021 Q12020 Q12021  Power and fuel per tonne cost increased  Raw Material per tonne costs declined by 4.1% for the quarter due to rising input 3.4% on account of better raw material mix costs such as petcoke and coal PERFORMANCE HIGHLIGHTS 13 Performance analysis – Costs Freight and forwarding Cost Other Expenses Total Cost (₹/tonne) (₹/tonne) (₹/tonne) 862 3,861 1,288 713 3,654 1,216 Q12020 Q12021 Q12020 Q12021 Q12020 Q12021  Freight and forwarding per tonne costs  Other expenses per tonne declined by  Total cost per tonne declined by 5.4% on declined by 5.6% due to continuous 17.2% due to continuous focus on fixed account of lower freight, raw material & improvement in logistics efficiencies in cost optimisation and operatingleverage other expenses addition to MSAgains, above savings were partly offset by increase in dieselprices PERFORMANCE HIGHLIGHTS 14 Financial results – Consolidated Quarter Ended March 2021 (all amount in ₹ Crore) Q1 2020 Q1 2021 Change Net Sales 6,129 7,617 24.3% EBITDA 1,191 1,838 54.3% EBITDA Margin (%) 19.4% 24.1% 4.7 pp Operating EBIT 895 1,570 75.4% Operating EBIT Margin (%) 14.6% 20.6% 6.0 pp Profit Before Tax 1,007 1,642 63.1% Tax Expenses 264 413 56.6% Profit After Tax 743 1,228 65.4% Profit After Tax and minority 554 947 70.9% Earnings Per Share (₹/share) 2.79 4.77 70.9% PERFORMANCE HIGHLIGHTS 15 Growth and Competitiveness Capacity Expansion Special / Premium Products Operational Efficiency Marwar Mundwa, Nagaur, Rajasthan  Special / premium cement contributed  I CAN Program to reset the cost base in  Greenfield integrated plant with 3 MTPA ~12% of the total sales volume in Q1’21 manufacturingand supply chain clinkerisation and 1.8 MTPA cement grinding to  Ambuja ‘Kawach’ has been endorsed  Installing waste heat recovery system and commence operations in Quarter 3, 2021 globally by the “Solar Impulse Efficient solar power plants across locations  Progressing on our ambition to reach 50 million Solution” label, recognizing the Company’s  Effectively generate waste-derived materials tons in the mid-term innovative product that protects the for use in the kilns through Geocycle environment in a profitable way. Ambuja  Installations of wet flyash dryers, bringing ‘Kawach’ is the first cement brand from about improvement in raw material cost India to be awarded this label. STRATEGIC PRIORITIES 17 Innovation & Digitalization 2 Production Logistics Innovation & New Solutions  Technical Information System (TIS) to help  Blue Yonder enabling organisation from  Creating solutions and innovative effectively monitor and manage plant planning to execution besides network products with sustainability focus productions and quality through real time optimisation information access  Ambuja Certified Technology (ACT),  Transport Analytics Centre (TAC) for have created a film series to educate our  Performance and Collaboration Tool freight optimisation, distribution safety and consumers on best construction (PACT), helping in real time performance customer services across plants practices enabling them to build stronger capturing and reporting of Operational and homes. These films are promoted PerformanceKPI through internal channels to our stakeholders and will be promoted to  Special mechanical interventions on Individual House Builder (IHB) using systems through use of tool / solutions for social media websites predictive maintenance, enhancing plant reliability and availability  Promoted Cool Walls & Ambuja Kawach through digital lead generation campaigns STRATEGIC PRIORITIES 18 Sustainability goals SD 2030 Plan 5.1% Aligned with LafargeHolcim’s Sustainability Strategy, the Sustainable Development Ambition 2030 provides critical impetus to the company’s objective to achieve growth through sustainable operations Thermal Substitution Rate achieved in Q1 2021 Climate and energy Circular Economy Water and Nature People and communities ~63% CO Reduced Waste Re-used Water Saved Value Shared 2 (kg CO / t cem) [Million tonnes] (Fresh water consumption: (Million new beneficiaries) 2 ltr/ t cem) Clinker factor Performance 518.2 2.2 60 0.3 for 2020, on Q1 2021 track for 2021 Zero fatality Target 463 13.5 <75 0.8 Across all plants in Q1 2021 2030 Maintain ‘Best in Class’ performance through continuing global support STRATEGIC PRIORITIES 19 Community outreach through Ambuja Cement Foundation (ACF) Ambuja Cement Foundation (ACF) – the corporate social responsibility arm of Ambuja Cement – has been pivotal in advancing the company’s objective to be a socially responsible corporate citizen since its establishment in 1993  ~ 9.9 million cubic meter additional water storage created  International Women’s Day celebrated at locations with women leaders receiving awards at local and district level  577 water harvesting structures constructed  Organized a virtual roundtable on gender equality in Manufacturing in  About 385 ha area covered under micro irrigation association with Global Reporting Initiative, South Asia. The key focus  2,319 students trained by SEDI and 741 placed across locations discussion was to ideate and brainstorm strategies to improve gender equity.  810 farmers involved in exotic or offseason vegetable cultivation and Representatives from the United Nations and manufacturing industry were key scaffolding structures in Sankrail speakers SEDI -Skill and Entrepreneurship Development Institute Corporate Social Responsibility (CSR) 20 Continuing the fight against COVID-19 COVID-19 drive inACF villages  5,558 frontline health workers from ACF villages and 210 ACF  ACF conducted awareness and input staff vaccinated session for all ACF staff, health workers and beneficiaries to break all  ACF assisted local health and myths and rumours and initiated government departments during behavior change communication the vaccination drive Phase 1 & 2 interventions to get maximum coverage, mobilized in registration and  22 Information, Education & made arrangements for Communication (IEC) Materials and 2 transportation, seating and videos were shared with SPOCs to drinking water stations be disseminatedto beneficiaries  Registration of frontline workers  Under the SAANS project 10 women and elderly were carried out in have made 20,000 face masks which phase 1 and comorbid population is quality checked by IICT Hyderabad in phase 2  More than 10.9 lakhs beneficiaries vaccinated so far till date IICT - Indian Institute of Chemical Technology SPOC -Single Point of Contact ACF –AmbujaCement Foundation Corporate Social Responsibility (CSR) 21 CORPORATE OFFICE REGISTERED OFFICE Elegant Business Park PO Ambujanagar MIDC Cross Road B Taluka Kodinar Off Andheri-Kurla Road Gir Somnath district Andheri (E) Gujarat – 362 715 Mumbai – 400 059