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ACC Ltd

ACC NSE

Key Fundamentals

SmallcapCementConstruction
Market Cap
₹24,702 Cr
Volatility
Moderate
P/E Ratio
12.83
EBITDA
₹3,352 Cr
Return on Equity
10.4%
Debt to Equity
0.02
Book Value
₹1,094.34
EPS
₹107.42
52W High
₹1,987
52W Low
₹1,251.7

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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59 extracted metrics + investor summaries across FY14–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 1.19 times its book value

Weaknesses

4
  • Tax rate seems low
  • Company has a low return on equity of 12.6% over last 3 years.
  • Debtor days have increased from 29.6 to 54.0 days.
  • Working capital days have increased from 31.9 days to 71.0 days

Growth Rate

Revenue Growth
15.45%
Net Income Growth
-11.04%
Cash Flow Change
-179.70%
ROE
-19.63%
ROCE
-36.39%
EBITDA Margin (Avg.)
-29.78%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

ACC Ltd is a large-cap cement company with a market cap of ~₹24,989 Cr trading at a PE of 13.1x and PB of 1.22x. The company is nearly debt-free but faces headwinds from declining profitability (TTM profit down 19%), deteriorating working capital efficiency, and a stock that has underperformed significantly with a -25% one-year return.

Bull Case 8
  • Company is almost debt-free, providing significant financial flexibility and resilience during cyclical downturns in the cement sector
  • PE ratio of 13.1x is relatively modest for a large-cap cement company, suggesting limited downside from valuation compression
  • Price-to-book of 1.22x is near asset value, offering potential margin of safety on tangible asset base
  • Compounded sales growth of 14% over 5 years indicates sustained volume and pricing traction over a medium-term horizon
  • Compounded profit CAGR of 31% over 3 years reflects strong earnings recovery post-pandemic, despite recent TTM weakness
  • 10-year compounded profit growth of 12% demonstrates long-term earnings compounding ability through multiple cycles
  • TTM revenue growth of 12% shows top-line momentum remains intact even as profitability is under pressure
  • Stock has corrected 25% in one year, which may present a more attractive entry valuation for patient capital if fundamentals stabilize
Bear Case 8
  • TTM compounded profit has declined 19%, signaling margin compression likely from elevated input costs or competitive pricing pressure
  • Stock CAGR of -25% over 1 year and -11% over 3 years indicates sustained negative price momentum and possible structural de-rating
  • Working capital days have nearly doubled from 31.9 to 71.0 days, indicating significant deterioration in cash conversion efficiency
  • Debtor days increased from 29.6 to 54.0 days, reflecting weaker collection discipline or channel stress
  • Return on equity of 11% in the last year and 12.6% three-year average is below the 15%+ threshold typically expected for quality compounders
  • 10-year stock CAGR of -2% means long-term shareholders have seen virtually no capital appreciation over a full decade
  • Dividend yield of just 0.56% offers negligible income cushion against capital erosion
  • Tax rate flagged as seemingly low, which if normalized higher could further compress reported earnings

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 6h ago
Headwinds 3
  • Q1 profit crashes 61% YoY Jul 24

    ACC reported Q1FY27 consolidated net profit of ₹147 crore, down 61.5% YoY, driven by lower cement volumes and exceptional costs.

  • EBITDA margin contracts sharply Jul 24

    EBITDA dropped to ₹4.3B from ₹7.7B YoY with margin contracting from 12.74% to 7.53%, reflecting broad-based financial pressure.

  • Higher MSA volumes hurt margins Jul 25

    Revenue fell to ₹5,808 crore in Q1FY27 as higher Master Supply Agreement volumes with Ambuja Cements impacted margins despite trade share rising to 81%.

Positives 2
  • Ambuja guides cost and growth Aug 3

    Parent Ambuja Cements guided for ₹4,250 cost/ton and 8% trade volume growth in Q1FY27, with revenue of ₹9,500 crore and PAT of ₹660 crore.

  • Renewable energy stake acquired Jul 24

    Board approved acquisition of 26% stake in Amplus Andhra Power for ₹53.1 million to secure captive renewable energy, supporting long-term cost reduction.

Neutral 2
  • SEBI warning to ex-CS Aug 5

    SEBI issued an administrative warning to ACC's erstwhile Company Secretary for inaccurate insider information recording in the Structured Digital Database. No financial impact reported.

  • Q4FY26 earnings call uploaded Jul 28

    ACC uploaded the audio recording of its analysts/investors call for the quarter ended June 30, 2026 on its website.

TL;DR: ACC had a tough Q1FY27 with profit declining 61% YoY and EBITDA margins compressing sharply from 12.74% to 7.53%, driven by volume weakness and higher intercompany supply costs. The trade share improvement to 81% and parent Ambuja's cost/growth guidance offer some medium-term comfort. The renewable energy acquisition signals focus on structural cost reduction. The near-term trend is deteriorating and margin recovery depends on volume normalization and cost discipline in coming quarters.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
5,201
4,435
4,914
5,409
5,199
4,634
5,972
6,115
6,087
6,005
6,483
7,146
5,808
Expenses
4,430
3,885
4,010
4,572
4,520
4,198
4,856
5,284
5,309
5,159
5,783
6,520
5,351
Operating Profit
771
549
905
837
679
436
1,116
830
778
846
700
626
457
OPM %
15%
12%
18%
15%
13%
9%
19%
14%
13%
14%
11%
9%
8%
Other Income
80
212
94
350
73
124
649
330
70
225
91
50
31
Interest
25
29
34
67
33
33
28
14
30
29
26
27
27
Depreciation
200
213
235
237
235
242
260
265
255
279
306
279
261
PBT
626
519
729
883
484
284
1,476
882
563
763
460
370
200
Tax %
25%
25%
26%
-7%
26%
30%
26%
15%
33%
-47%
12%
36%
26%
Net Profit
466
388
538
943
360
200
1,092
751
375
1,119
404
238
147
EPS in Rs
24.82
20.65
28.63
50.23
19.15
10.63
58.14
39.99
19.99
59.6
21.52
12.69
7.83
Figures in ₹ Crores

Profit & Loss

  Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023 15mMar 2024Mar 2025Mar 2026TTM
Sales
11,646
11,706
10,990
13,285
14,802
15,658
13,786
16,152
22,210
19,959
21,762
25,962
25,442
Expenses
10,116
10,123
9,532
11,370
12,754
13,245
11,431
13,154
20,285
16,897
18,701
23,004
22,813
Operating Profit
1,529
1,583
1,458
1,915
2,048
2,413
2,355
2,998
1,925
3,062
3,061
2,958
2,629
OPM %
13%
14%
13%
14%
14%
15%
17%
19%
9%
15%
14%
11%
10%
Other Income
241
-90
115
137
153
332
50
164
196
735
1,175
429
398
Interest
83
65
79
99
88
86
57
55
77
155
108
112
109
Depreciation
568
663
609
644
603
606
639
601
841
885
1,001
1,118
1,125
PBT
1,120
766
885
1,310
1,510
2,053
1,709
2,506
1,203
2,757
3,127
2,157
1,794
Tax %
-3%
25%
26%
29%
-1%
33%
16%
26%
26%
15%
23%
1%
Net Profit
1,162
587
658
925
1,521
1,378
1,430
1,863
885
2,335
2,402
2,137
1,909
EPS in Rs
61.88
31.3
35.06
49.23
80.97
73.35
76.16
99.21
47.13
124
128
114
102
Div. Payout %
55%
54%
49%
53%
17%
19%
18%
59%
20%
6%
6%
7%
Figures in ₹ Crores

Balance Sheet

  Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
188
188
188
188
188
188
188
188
188
188
188
188
Reserves
8,030
8,233
8,625
9,168
10,344
11,356
12,511
14,121
13,950
16,140
18,367
20,363
Borrowings
0
0
0
0
0
0
102
126
153
355
430
429
Other Liabilities
4,464
4,379
4,581
5,490
5,524
5,592
5,399
6,604
6,252
6,685
6,428
6,546
Total Liabilities
12,682
12,800
13,394
14,846
16,056
17,136
18,200
21,039
20,544
23,368
25,413
27,525
Fixed Assets
5,666
5,331
7,568
7,280
7,088
7,027
6,694
6,750
7,512
10,007
10,829
11,256
CWIP
1,956
2,396
261
269
398
446
548
1,216
1,684
986
2,061
2,227
Investments
1,385
1,314
117
95
104
116
129
150
163
811
1,509
55
Other Assets
3,675
3,759
5,448
7,202
8,466
9,547
10,828
12,923
11,185
11,564
11,013
13,987
Total Assets
12,682
12,800
13,394
14,846
16,056
17,136
18,200
21,039
20,544
23,368
25,413
27,525
Figures in ₹ Crores

Cash Flow

  Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1,352
1,457
1,390
1,554
1,118
2,255
2,219
2,835
-1,235
2,995
1,711
-1,364
Investing
-1,457
-904
-533
-379
-364
-321
-535
-988
-4,637
-1,205
-1,262
1,273
Financing
-837
-716
-430
-426
-380
-374
-327
-331
-1,238
-443
-1,002
-422
Net Cash Flow
-942
-164
426
750
374
1,559
1,357
1,517
-7,110
1,347
-553
-513
Free Cash Flow
-251
337
889
1,034
620
1,760
1,471
1,682
-3,216
1,646
-242
-2,393
CFO/OP
104
107
114
93
80
112
124
104
-43
104
59
-55
Figures in ₹ Crores

Ratios

  Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
13
15
18
18
21
15
12
10
14
15
20
54
Inventory Days
233
235
278
261
263
153
131
162
109
112
85
58
Days Payable
139
173
286
337
301
198
207
243
110
111
73
80
Cash Conversion Cycle
106
77
10
-58
-17
-30
-64
-70
13
16
32
32
Working Capital Days
-54
-53
-64
-51
-28
-42
-63
-71
36
18
6
71
ROCE %
15%
12%
11%
16%
16%
19%
16%
19%
9%
17%
17%
11%

Shareholding Pattern

As of Jun 2026
Promoters 56.69%
DIIs 21.13%
Public 12.37%
FIIs 5.83%
Others 3.83%
Government 0.15%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
54.53%
54.53%
54.53%
54.53%
54.53%
54.53%
56.68%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
56.69%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
6.18%
5.65%
5.51%
5.14%
4.83%
4.66%
5.05%
5.99%
5.93%
5.83%
DIIs
9.99%
9.27%
9.23%
9.69%
10.19%
9.98%
17.35%
18.65%
19.52%
18.11%
22.79%
23.01%
24.64%
24.82%
24.43%
24.66%
24.92%
24.12%
22.55%
21.38%
21.61%
21.13%
Government
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.16%
0.16%
0.16%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
0.15%
Public
9.67%
9.64%
9.62%
9.50%
9.67%
9.58%
9.41%
9.16%
10.00%
10.34%
9.85%
9.74%
9.31%
9.65%
10.09%
10.12%
10.19%
10.97%
11.80%
12.09%
11.92%
12.37%
Others
25.66%
26.42%
26.47%
26.13%
25.46%
25.76%
16.41%
15.34%
13.63%
14.70%
10.51%
10.41%
3.03%
3.04%
3.14%
3.24%
3.21%
3.40%
3.75%
3.70%
3.70%
3.83%
No. of Shareholders
1,08,174
1,16,793
1,25,552
1,22,347
1,35,310
1,37,391
1,41,922
1,31,412
1,70,373
1,77,178
1,67,639
1,64,547
1,49,893
1,68,397
1,86,393
1,94,430
2,04,209
2,19,069
2,29,364
2,37,736
2,35,988
2,38,540

Documents

Frequently Asked Questions about ACC Ltd

What does ACC Ltd do?
ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.[1][2]
Where is ACC Ltd (ACC) listed?
ACC Ltd is listed on the Indian stock exchanges. It is listed on NSE: ACC and BSE: 500410. You can view its live share price, financials, and ratios on Tapetide.
Which sector does ACC Ltd belong to?
ACC Ltd operates in the Construction sector within the Cement industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of ACC Ltd?
ACC Ltd has a market capitalisation of approximately ₹24701.54 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of ACC Ltd?
The Price-to-Earnings (PE) ratio of ACC Ltd is 12.83. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of ACC Ltd?
Over the past 52 weeks, ACC Ltd has traded between a low of ₹1,251.7 and a high of ₹1,987. This range helps investors understand the stock's price volatility and recent trading levels.
Does ACC Ltd pay dividends?
Yes, ACC Ltd has a dividend yield of 0.57%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of ACC Ltd?
ACC Ltd has a Return on Equity (ROE) of 10.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research ACC Ltd on Tapetide?
On Tapetide, you can view ACC Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.[1][2]

CEO Mr. Vinod Mohanlal Bahety
Employees 3,170
Listed 1996-11-20
Face Value ₹ 10
Issued Size 18,77,87,263

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