Best Defence Stocks in May 2025 5Y CAGR Basis: Mazagon Dock, HAL, & More

India’s defence sector has seen a massive transformation since 2014, focusing on Atmanirbhar Bharat through domestic manufacturing. In FY 2023-24, India achieved record defence production of ₹1.27 lakh crore—up 174% from 2014-15—and aims to reach ₹3 lakh crore by 2029. The defence budget has grown to ₹6.21 lakh crore in 2024-25, with strong policy support under “Make in India.”

Defence exports surged from ₹1,941 crore in 2014-15 to ₹21,083 crore in 2023-24, a 21-fold rise over the decade. India now exports to over 100 countries, with top buyers including the USA, France, and Armenia. The 2029 export target is ₹50,000 crore.

Best Defence Stocks in May 2025 Based on 5Y CAGR

Company 5Y Profit CAGR (%)
Astra Microwave 105.05
Data Pattern 87.32
Zen Technologies 56.87
BEML Ltd 34.83

Note: The best defence stocks list is as of May 2, 2025. The stocks are sorted based on the 5Y CAGR.

Best Defence Stocks in May 2025 Based on Debt-to-Equity Ratio

Company Debt/Equity
Hind. Aeronautics 0
Bharat Electron 0
Mazagon Dock 0
Garden Reach 0.01
Zen Technologies 0.04

Note: The best defence stocks list is as of May 2, 2025. The stocks are sorted based on the debt-to-equity ratio.

Best Defence Stocks Based on Market Cap and PE Ratio

Company Market Cap (₹ Cr) PE Ratio
Hind. Aeronautics 3,00,139.53 34.71
Bharat Electron 2,29,600.15 46
Mazagon Dock 1,23,337.47 44.83

Note: The best defence stocks list is as of May 2, 2025. The stocks are sorted based on market capitalisation and PE ratio.

Best Defence Stocks List for May 2025

1.Mazagon Dock

Mazagon Dock is one of India’s premier defence shipbuilders which holds Navratna status. It is the only Indian shipyard with advanced shipbuilding capabilities. As of Q2 FY25, it has a robust order book worth ₹39,872 crore, covering 37 vessels. Financially, the company boasts of zero debt and a healthy 5-year profit CAGR. Its strategic importance and strong balance sheet make it one of the prominent companies in India’s defence sector.

Key metrics:

  • EPS: ₹65.75
  • ROE: 40.47%

2.Hindustan Aeronautics Ltd

HAL is engaged in manufacturing and maintaining aircraft, helicopters, and engines. With a strong ₹94,000 crore order book in FY24 and significant contracts worth ₹60,000 crore received, HAL plays a strategic role in India’s defence sector. Strong EBITDA margins (26–27%) and expected orders worth ₹1.6–1.7 lakh crore over 3 years make HAL an attractive company.

Key metrics:

  • EPS: ₹129.35
  • ROE: 27.83%

3.Zen Technologies Ltd

Zen Technologies Ltd is a leader in defence training and counter-drone solutions. It holds a 95% market share in tank simulators and a strong ₹1,401 Cr order book (FY24). It serves the Ministry of Defence and has a growing global presence. Despite facing short-term supply challenges, Zen is deploying innovative technology to stregthen its business outlook.

Key metrics:

  • EPS: ₹23.38
  • ROE: 13.39%

4.Astra Microwave Products Ltd.

Astra Microwave Products Ltd. specialises in designing and developing RF and microwave systems. These systems find applications in the defense, space, and telecom industries. The company’s revenue mix has shifted, with defense contributing 65% in Q1 FY25, up from 45% in FY22. Its order book reached ₹2100 Cr in Q1 FY25, driven by domestic high-margin orders.

Astra is focusing on expanding its capabilities in anti-drone, electro-optics, and radar systems. It aims for a revenue target of Rs. 2000 Cr in 5-6 years, diversifying into meteorology and space while increasing value-added system revenues from 20% to 50%.

Key metrics:

  • EPS: ₹12.50
  • ROE: 12.12%

5.Data Patterns (India) Ltd

Data Patterns (India) Ltd is a leading defense and aerospace electronics company with over 35 years of experience. It specializes in designing and manufacturing solutions for air, land, sea, and space platforms, including products for the BrahMos missile, LCA-Tejas, and the Light Utility Helicopter.

With a strong focus on R&D, Data Patterns is heavily dependent on government contracts, with major clients including DRDO, ISRO, and BEL. The company is investing in satellite, radar, and communication technologies, aiming for 25%+ revenue growth from FY25-27.

Key metrics:

  • EPS: ₹31.94
  • ROE: 13.25%

Conclusion

India’s defence sector is booming with record production and exports, backed by policy support and rising demand. Leading companies like HAL, Mazagon Dock, and Astra Microwave offer strong growth potential based on financials, innovation, and strategic contracts—making defence stocks a compelling opportunity for investors in May 2025 and beyond.

Read more on: Top 10 Blue Chip Stocks in May 2025: Adani Enterprises, BEL, Trent and More- 5Yr CAGR Basis

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

 

Top Gainers and Losers on April 30, 2025: HDFC Life Jumps Over 4%, Bajaj Finserv Falls

Indian benchmark indices ended on a mixed note on Tuesday, April 30, 2025, after showing modest gains the previous day. While the broader market maintained its resilience on April 29 amid sustained buying interest and global cues, the momentum slightly cooled off in today’s session.

The BSE Sensex dipped 46.14 points (0.057%) to close at 80,242.24, and the NSE Nifty 50 slipped 1.75 points (0.0072%) to settle at 24,334.20.

Here are the top gainers and losers for the day.

Top Gainers of the Day

Symbol LTP Change (%)
HDFCLIFE 745 4.19
MARUTI 12,218.00 3.18
SBILIFE 1,761.30 1.8
BHARTIARTL 1,854.80 1.7
SUNPHARMA 1,821.60 0.89

  • HDFC Life

HDFC Life share price opened at ₹712.10 and surged 4.19% to close at ₹745.00, reflecting strong buying interest.

  • Maruti

Maruti share price opened at ₹11,825.00 and gained 3.18% to settle at ₹12,218.00 amid positive momentum.

  • SBI Life

SBI Life share price opened at ₹1,722.00 and rose 1.8% to close at ₹1,761.30, supported by steady investor demand.

  • Bharti Airtel

Bharti Airtel share price opened at ₹1,837.00 and climbed 1.7% to end at ₹1,854.80 on upbeat sentiment.

  • Sun Pharma

Sun Pharma share price opened at ₹1,810.00 and edged up 0.89% to close at ₹1,821.60, continuing its modest uptrend.

Top Losers of the Day

Symbol LTP Change (%)
BAJAJFINSV 1,951.00 -5.61
BAJFINANCE 8,613.50 -5.27
TRENT 5,135.00 -4.76
TATAMOTORS 643.5 -3.32
SBIN 787.6 -3.07

  • Bajaj Finserv

Bajaj Finserv share price opened at ₹2,018.20 and dropped 5.61% to ₹1,951.00, facing heavy selling pressure.

  • Bajaj Finance

Bajaj Finance share price opened at ₹8,840.00 and declined 5.27% to ₹8,613.50 after a volatile session.

  • Trent

Trent share price opened at ₹5,435.00 and fell 4.76% to ₹5,135.00 amid broader market weakness.

  • Tata Motors

Tata Motors share price opened at ₹667.00 and slipped 3.32% to ₹643.50, continuing its downtrend.

  • State Bank of India

SBI share price opened at ₹811.50 and dropped 3.07% to ₹787.60, underperforming the banking pack.

Conclusion

Despite a resilient start to the week, Indian markets witnessed profit booking on April 30, 2025, with indices ending flat to negative. While select stocks like HDFC Life and Maruti stood out as top gainers, heavyweights like Bajaj Finserv and Trent faced steep declines, reflecting mixed investor sentiment across sectors.

Read more on: Bajaj Finance Declared Bonus Shares, 1:1 Stock Split, and Record ₹56 Dividend

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Indian Oil Share Price Soars After Q4 Net Profit Surges 153%

Indian Oil Corporation’s share price surged 1.08% and closed at ₹137.25. The company has reported a massive 153% jump in its standalone net profit for the quarter ended March 31, 2025. The profit rose to ₹7,264.9 crore from ₹2,873.5 crore in the previous quarter.

Steady Revenue Performance

The company’s revenue from operations grew slightly to ₹1.95 lakh crore, up 0.5% compared to ₹1.94 lakh crore in the previous quarter. This was in line with the estimated revenue of ₹1.93 lakh crore.

Indian Oil’s EBITDA Nearly Doubles

Indian Oil’s earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 91%, reaching ₹13,572 crore, up from ₹7,117 crore in the last quarter. The EBITDA margin also improved sharply to 7% from 3.7%, showing better operational efficiency.

Indian Oil Share Price Will Be in Focus Ahead of Record Date

The company has announced a final dividend of ₹3 per share for the financial year 2024–25. This will be paid after shareholders approve it at the upcoming annual general meeting. The record date for this dividend will be announced later.

Conclusion

Indian Oil posted a strong fourth quarter with profits and margins improving significantly. The company beat market expectations by a wide margin and rewarded investors with a final dividend. Its stable revenue and strong jump in earnings show solid financial health heading into the next financial year.

Read more on: Bajaj Finance Declared Bonus Shares, 1:1 Stock Split, and Record ₹56 Dividend

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Vedanta Share Price Rises After Q4 Profit Surges 154%

Vedanta’s share price rose 0.22% on the NSE and closed at ₹417.20 today. The company reported a big jump in its consolidated net profit for the quarter ended March 31, 2025. The profit rose by 154% year-on-year (YoY) to ₹3,483 crore, compared to ₹1,369 crore in Q4 of FY 2023-24. This was driven by higher aluminium and zinc volumes and better cost control.

Revenue Rises Despite Challenges

The company’s total revenue from operations increased by 14% YoY to ₹40,455 crore, up from ₹35,509 crore. It also grew 3.4% from the previous quarter’s ₹39,115 crore. Total income stood at ₹41,216 crore in the March quarter.

Higher Expenses Due to Inflation

Vedanta’s total expenses rose to ₹34,560 crore, up from ₹31,899 crore a year earlier. The rise was mainly due to inflation in key raw material costs.

Debt and Profitability

The company’s net debt stood at ₹53,251 crore, and its net debt-to-EBITDA ratio was 1.2x. The consolidated EBITDA increased 30% YoY to ₹11,618 crore. The EBITDA margin improved to 35%, up by 465 basis points.

Segment Highlights

  • Zinc, Lead & Silver: Revenue rose 21% YoY to ₹8,805 crore, supported by strong local demand and lower costs. EBITDA from this segment was ₹4,811 crore, up 33%.
  • Aluminium: Revenue grew 29% YoY to ₹15,967 crore.
  • Iron Ore: Revenue dropped 38% YoY.
  • Oil & Gas: Revenue declined 21% YoY to ₹2,658 crore. EBITDA also fell 20% to ₹1,212 crore due to lower oil discoveries and an 18% drop in daily production.

Outlook for FY26 and Demerger Plan

As per news reports, the company’s senior management said it is focused on growth and efficiency in FY26. Projects like the Lanjigarh expansion and Sijimali bauxite mine are expected to improve costs. The company also plans to complete its demerger by September 2025.

Conclusion

Vedanta showed strong financial performance in Q4, with profits rising sharply. While some segments saw a fall, the company remains confident about future growth.

Read more on: This Retail Player with Rich Dividend History Considering Bonus Issue: Do You Own This?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

ITR Filing FY 2024-25: A Complete Guide to Using the Offline Utility

Filing Income Tax Returns (ITR) for FY 2024-25? We have got you. Often, the process of ITR filing can be overwhelming, especially if you are unfamiliar with the process. The Offline Utility tool provided by the Income Tax Department allows you to file your returns without an internet connection. This article serves as a step-by-step guide for you.

How is Offline Utility Helpful for ITR Filing FY 2024-25?

The Offline Utility allows taxpayers to file their Income Tax Returns (ITR-1 to ITR-7) offline. There are two separate utilities: one for ITR-1 to ITR-4 and another for ITR-5 to ITR-7. To use it, you must be registered on the e-Filing portal, have your login details, and download the right utility for your ITR form.

How to Use the Offline Utility for ITR Filing FY 2024-25?

  • To use the offline utility for filing your ITR, first download it from the portal (with or without login), install it, and launch it.
  • Start a new return or import a pre-filled JSON file. You can download pre-filled data directly or import it if already saved.
  • Choose your taxpayer type and ITR form manually or via the tool’s help. Fill in and verify details, and the system will compute taxes.
  • Select “Pay Now” or “Pay Later” if tax is due. Once validated, upload and e-verify your return.

After completion of this process, a confirmation with your Acknowledgement Number will be sent to your email/mobile.

Revised ITR-1 and ITR-4 Forms Notified

For FY 2024-25, the Income Tax Department has notified revised ITR-1 and ITR-4 forms. ITR-1 can now be used by taxpayers with long-term capital gains (LTCG) under Section 112A up to ₹1.25 lakh, a relief for small investors who previously had to use ITR-2.

Meanwhile, ITR-4 is for individuals, HUFs, and firms with income up to ₹50 lakh under presumptive taxation schemes and may also include LTCG under 112A within limits.

However, these forms are not for those with foreign income, directorships, unlisted shares, or complex capital gains. Choosing the right ITR form is crucial and depends on your income type and financial details. Once ready, taxpayers can file returns online or through the Offline Utility, a helpful tool for filing securely without internet access.

Conclusion

The Offline Utility for ITRs is a user-friendly and secure method to file your taxes. It provides flexibility, especially in areas with unreliable internet connectivity, and ensures your data is secure throughout the process. Whether you’re new to filing or an experienced taxpayer, the Offline Utility is a reliable companion for fulfilling your income tax obligations.

Read more on: ITR Filing 2025: Form 16 Will Come in a New Format – Here’s What You Need to Know

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

ASCI Eases Rules for Finfluencers, But SEBI Regulations Still Apply

The Advertising Standards Council of India (ASCI) has announced that financial and health influencers do not need professional qualifications to share general information about related products or services. However, if influencers offer technical advice, they must be registered with the Securities and Exchange Board of India (SEBI) or have relevant financial credentials.

ASCI Reiterates Finfluencers to Register With SEBI Before Offering Technical Advice 

ASCI has made it clear that influencers can speak about general financial topics like saving tips or benefits of insurance without needing licenses. But when it comes to offering technical or specific advice—such as recommending stocks, SIPs, or funds—proper registration with SEBI is mandatory.

This decision will not only protect consumers but also allow more creative freedom for influencers, as long as they don’t act like financial experts without proper qualifications.

SEBI Still in Charge

SEBI has been tightening rules around financial influencers. For example:

  • Influencers cannot use live stock prices while educating followers.
  • SEBI-registered firms cannot use influencers for promotions, even via third parties.
  • Claims about returns on investments are banned unless SEBI approves them.

Legal experts have emphasised that ASCI’s guidelines do not override SEBI’s authority. Violating SEBI norms can lead to serious penalties like suspension of licences.

Industry Reaction: Relief for Finfluencers and Brands

Many influencers and agencies welcomed ASCI’s update. Many brands had withdrawn finfluencer’s contracts after SEBI’s earlier warnings, leaving them without deals for months. But as clarity has increased, brand collaborations are rising again. ASCI’s new guidelines are expected to help even more.

Conclusion

ASCI’s relaxed rules offer influencers and brands more room to work together, but SEBI’s strict guidelines still rule the space. Influencers must be careful to stay within legal limits while creating content.

Read more on: This Retail Player with Rich Dividend History Considering Bonus Issue: Do You Own This?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Is BluSmart Negotiating A Rescue Deal to Restart EV Cab Operations in May 2025?

BluSmart, the electric vehicle (EV) cab-hailing company, has faced a major setback after suspending operations earlier this month. The company, which started in 2019, is currently in talks with two major distressed funds focusing on climate and mobility to help revive its business. The company hopes to resume operations by May.

Trouble at BluSmart

The crisis at BluSmart stems from an interim order issued by the SEBI against the company’s co-founders, Anmol Singh Jaggi and Puneet Jaggi. SEBI has alleged that the brothers misused loans meant for purchasing EVs for personal expenses, including a luxury apartment in Gurugram and golf equipment worth Rs 26 lakh. This led to the suspension of operations.

Additionally, BluSmart’s operations are being complicated by a legal dispute over the fleet of electric vehicles it uses. The Delhi High Court has recently appointed a receiver to take possession of 95 Tata electric vehicles leased by BluSmart from Clime Finance Private Limited.

Clime Finance had filed a petition after BluSmart and Gensol defaulted on lease rentals. The company claims it is entitled to repossess the cars due to the default and safety concerns, as BluSmart ceased operations.

Condition for Revival of BluSmart

For the potential deal to succeed, one of the key conditions is that Anmol Singh Jaggi must step down from his position. The Jaggi brothers are also promoters of Gensol Engineering, another company that has faced regulatory scrutiny. SEBI has launched a forensic investigation into their renewable energy firm, highlighting concerns about fund mismanagement.

At 1:26 PM on Wednesday, the Gensol Engineering share price was down 5% and was trading at ₹77.29.

Conclusion

BluSmart’s future depends on how the negotiations with distressed funds unfold. The company needs significant changes, including the departure of its co-founder, to regain trust and resume services.

Read more on: BluSmart Brings in Grant Thornton for Forensic Audit After SEBI Probe

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

 

 

Investing in Gold on Akshaya Tritiya 2025? Here’s What You Should Know

For a long time now, Akshaya Tritiya has been considered a sacred opportunity to invest in gold. If you had bought gold on Akshaya Tritiya 10 years ago, your investment would have grown by over 200%. In 2015, 24Kt gold was priced at ₹26,936 per 10 grams. Today, it’s trading between ₹9,791 per gram (24kt) and ₹7,344 per gram (18kt). People prefer gold for its liquidity, flexibility, and investment value.

Here’s a quick look at the returns that gold purchases on Akshaya Tritiya may bring over the years.

Gold’s Historical Performance and Buying Trends on Akshaya Tritiya

Here’s a quick look at gold’s performance:

  • 2020 to 2025 has been especially strong, with prices jumping from ₹46,527 to ₹95,900.
  • In just the past year, gold has given over 30% returns, rising from ₹73,240 in 2024 to nearly ₹96,000 now.

High prices have prompted buyers to choose lightweight jewellery, studded pieces, and gold coins, or digital gold over heavy ornaments. Market reports suggest that gold bars and coins have given better returns than jewellery in the long run. This is because gold bars do not incur additional making charges and are easily available in 24k form.

Read more on: Kalyan Jewellers Joins Swiggy Instamart for Akshaya Tritiya 2025 Gold Rush

How Should You Buy Gold on Akshaya Tritiya 2025?

Akshaya Tritiya is considered one of the most auspicious days for buying gold and starting new investments. South India accounts for 40% of gold demand during this time, followed by the West (25%), East (20%), and North (10%). Here’s a breakdown of the differences of the different ways to invest in gold for you: 

Investment Type Advantages Suitable For
Physical Gold Tangible, traditional, emotional value Gifts, jewellery lovers
Digital Gold/ETF Safe, easy to trade, no storage cost Investors, low-risk buyers
Sovereign Gold Bonds Government-backed, interest-paying Long-term investors (8 yrs)
Gold Futures/Options Short-term trading, high risk-high return Experienced traders

Conclusion

Gold continues to shine as a preferred investment among the masses, especially during festive occasions like Akshaya Tritiya. While short-term returns in 2025–26 may be moderate, long-term projections suggest steady growth. Whether you choose physical or digital gold, investing in this Akshaya Tritiya could bring both financial and traditional value to your portfolio.

Read more on: Akshaya Tritiya 2025: How Gold Became A Favourite Investment?

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

 

 

Unified Pension Scheme Introduced for AIS Officers in Rajasthan: Is MP Next?

The Unified Pension Scheme (UPS) has been implemented for All India Services (AIS) officers of the Rajasthan cadre, as per a notification issued by the Department of Personnel (DOP). This scheme will serve as an optional benefit under the existing National Pension System (NPS).

The central government has introduced UPS as an alternative for NPS-covered employees who choose to opt for it.

What is the Unified Pension Scheme?

The Unified Pension Scheme offers an assured payout at the time of retirement. The main features of the payout are:

  • 50% assured pension based on the average basic pay of the last 12 months before retirement, if the employee completes 25 years of service.
  • If the employee has less than 25 years of service, the payout will be proportional to the number of years worked.
  • A minimum guaranteed pension of ₹10,000 per month will be provided to those retiring after 10 years or more of qualifying service.
  • For those taking voluntary retirement after 25 years, the assured pension will begin from the normal superannuation date, not immediately.

Who is Eligible for Unified Pension Scheme?

To receive the assured payout under UPS, an employee must meet one of these conditions:

  • Superannuation after at least 10 years of qualifying service.
  • Retirement under FR 56(j) (not as a penalty).
  • Voluntary retirement after 25 years, with the pension starting from the expected superannuation date.

Madhya Pradesh Also Moves Toward Unified Pension Scheme 

As per news reports, the Madhya Pradesh government is considering implementing UPS for its state employees.

The state cabinet has approved a six-member committee to evaluate the plan. This committee includes senior officers like Ashok Barnwal and Manish Rastogi. They will study the Centre’s guidelines and submit a detailed report.

Although not mandatory for states, Maharashtra was the first to adopt the scheme, and now Madhya Pradesh is actively exploring this alternative.

Conclusion

The Unified Pension Scheme is a major policy change aimed at giving more financial security to central government employees under the NPS. It especially benefits those with long service periods by offering them a fixed and reliable retirement income. As more states explore its adoption, UPS could become a popular retirement choice among government staff.

Read more on: Unified Pension Scheme from April 1: Check Who Can Get 50% Guaranteed Pension?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Ambuja Cements Share Price in Focus After Q4 Results Declaration

Ambuja Cements share price was up 1.43% at ₹541.60 at 10:27 AM on Wednesday. The renowned cement arm of the Adani Group has reported a 9% drop in net profit for the Q4 of FY25.

The profit attributable to owners was ₹956.3 crore, down from ₹1,050.6 crore in the same quarter last year. This drop was mainly due to higher tax expenses, although the profit still beat market estimates of ₹735 crore.

The consolidated net profit, which includes all subsidiaries, fell 16% year-on-year to ₹1,282 crore.

Revenue and Operational Performance

Revenue from operations during the March quarter rose 11.6% to ₹9,802.5 crore, slightly below Bloomberg’s estimate of ₹9,903 crore. Despite this, the company reported its highest-ever quarterly sales volume of 18.7 million tonnes, a 12.65% increase from the previous year.

Ambuja’s EBITDA (earnings before interest, tax, depreciation, and amortisation) rose 12% to ₹1,781.4 crore. However, EBITDA per tonne dropped by 2% to ₹1,001. The EBITDA margin stood at a healthy 18.2%.

Capacity Expansion and Future Plans

The company has been expanding aggressively. With the recent acquisition of Orient Cement, its installed cement capacity has now crossed 100 million tonnes per annum (mtpa) as of April 29. Ambuja plans to increase this to 118 mtpa by FY26, and eventually reach 140 mtpa by FY28.

To support this growth, Ambuja Cements plans to invest:

  • ₹6,000 crore in expansion (capex) in FY26
  • ₹2,500–3,000 crore in efficiency improvements

Market Trends and Dividend

Cement consumption in Q4FY25 grew 6.5–7%, supported by rising construction, strong rural demand, and government spending. For FY25, overall cement consumption grew 4–5%. In FY26, Ambuja expects demand to rise 7–8% due to continued infrastructure focus.

The company also announced a ₹2 per share dividend, in line with last year.

Conclusion

Ambuja Cements is undergoing profit pressure from taxes but showing strong growth in sales and expansion. With major capex plans and steady demand, the company remains focused on long-term growth.

Read more on: Vishal Mega Mart Share Price Gains Over 7% After Q4 FY25 Results; Net Profit Jumps 88% YoY

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.