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ACC Ltd

ACC NSE

Key Fundamentals

SmallcapCementConstruction
Market Cap
₹25,708 Cr
Volatility
Moderate
P/E Ratio
13.41
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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Technical Indicators

Key Insights

Strengths

1
  • Company is almost debt free.

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 3d ago
AI opinion · based on fundamentals
Risk medium

ACC Ltd trades at a market cap of ₹26,290 Cr with a PE of 13.6x and is virtually debt-free. However, the stock has declined 23% over the past year, TTM profit has contracted 19%, and working capital efficiency has deteriorated significantly with debtor days rising from 29.6 to 54.0 days.

Bull Case 8
  • Company is almost debt-free, providing strong balance sheet resilience and flexibility for capacity expansion
  • PE ratio of 13.6x is modest for a large-cap cement company, suggesting limited downside from valuation compression
  • Compounded sales growth of 14% over 5 years demonstrates sustained top-line momentum in a cyclical industry
  • Compounded profit CAGR of 31% over 3 years reflects significant earnings recovery post-pandemic
  • TTM revenue growth of 12% indicates continued demand traction in the current period
  • Price-to-book ratio of 1.27x is undemanding relative to replacement cost of cement assets
  • 10-year compounded profit growth of 12% shows long-term earnings compounding ability
  • Dividend yield of 0.54% provides a baseline cash return even in a downturn
Bear Case 8
  • Stock has declined 23% over the past 1 year, significantly underperforming broader markets
  • TTM profit has contracted 19%, indicating margin pressure despite revenue growth of 12%
  • Debtor days have increased sharply from 29.6 to 54.0 days, signalling deteriorating collection efficiency
  • Working capital days have nearly doubled from 31.9 to 71.0 days, locking up more cash in operations
  • 3-year ROE of only 12.6% is below cost of equity for most investors, indicating subpar capital efficiency
  • Stock CAGR is negative across all timeframes: -23% (1Y), -12% (3Y), -10% (5Y), -2% (10Y)
  • Last year ROE dropped to 11% from the 3-year average of 13%, suggesting declining return profile
  • Effective tax rate appears low, which may not be sustainable and could compress post-tax earnings if normalised

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

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Headwinds 2
  • 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 contracted sharply to 7.53% from 12.74% in the year-ago quarter.

  • Revenue declines, margins squeezed Jul 24

    Q1FY27 revenue fell to ₹5,808 crore from ~₹6,000 crore YoY, with EBITDA dropping to ₹4.3B from ₹7.7B. Higher MSA volumes with Ambuja impacted margins despite trade share rising to 81%.

Positives 2
  • Ambuja guides cost and growth Aug 3

    Parent Ambuja Cements reported Q1FY27 revenue of ₹9,500 crore and PAT of ₹660 crore, guiding for ₹4,250 cost/ton and 8% trade volume growth, signaling group-level cost discipline.

  • Renewable energy stake acquired Jul 24

    ACC 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 4
  • SEBI warning to ex-CS Aug 5

    ACC disclosed a SEBI administrative warning to its erstwhile Company Secretary for inaccurate Structured Digital Database entries. The company confirmed no financial impact.

  • Q1FY27 earnings call held Jul 28

    ACC hosted its analyst and investor call on July 28, 2026, to discuss Q1FY27 unaudited results. Audio recording made available on company website.

  • India PLI bids for ACC cells Jul 16

    Government invited global bids for 10 GWh Advanced Chemistry Cell manufacturing under ₹18,100-crore PLI scheme with pre-bid meeting on July 29. This relates to battery cells, not ACC Limited the cement company.

  • Q1FY27 call scheduled July 28 Jul 14

    ACC announced it would host an investor call on July 28, 2026, to discuss quarterly results and business outlook.

TL;DR: ACC faced a tough Q1FY27 with profit down 61% YoY and significant EBITDA margin compression to 7.53%, reflecting volume pressure and higher inter-group MSA sales. The company's trade share improved to 81% and parent Ambuja's cost guidance at ₹4,250/ton offers a path to margin recovery. The renewable energy acquisition signals long-term cost optimization intent. Near-term trend is deteriorating, and investors should watch for volume recovery and cost normalization 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 ₹25708.08 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 13.41. 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 0.54%. 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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