ACC Ltd
- Market Cap ₹ 35,031 Cr.
- Current Price ₹ 1,865
- High / Low ₹ 2,844 / 1,778
- Stock P/E 15.1
- Book Value ₹ 973
- Dividend Yield 0.40 %
- ROCE 17.8 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 6.71% over past five years.
- Company has a low return on equity of 11.6% over last 3 years.
- Earnings include an other income of Rs.1,193 Cr.
- Dividend payout has been low at 10.8% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cement Industry: Cement - North India
Part of BSE Dollex 200 BSE MidCap Nifty 500 BSE Commodities BSE 400 MidSmallCap Index
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 15m | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11,061 | 11,645 | 11,706 | 10,990 | 13,285 | 14,801 | 15,657 | 13,785 | 16,151 | 22,210 | 19,952 | 21,668 | |
9,417 | 10,122 | 10,199 | 9,522 | 11,375 | 12,757 | 13,247 | 11,432 | 13,151 | 20,291 | 16,895 | 18,652 | |
Operating Profit | 1,645 | 1,523 | 1,507 | 1,468 | 1,909 | 2,045 | 2,409 | 2,352 | 3,000 | 1,919 | 3,058 | 3,016 |
OPM % | 15% | 13% | 13% | 13% | 14% | 14% | 15% | 17% | 19% | 9% | 15% | 14% |
270 | 252 | -3 | 91 | 132 | 138 | 311 | 28 | 112 | 175 | 492 | 1,193 | |
Interest | 114 | 83 | 67 | 83 | 102 | 89 | 86 | 57 | 55 | 77 | 154 | 108 |
Depreciation | 574 | 558 | 652 | 605 | 640 | 600 | 603 | 635 | 597 | 835 | 876 | 956 |
Profit before tax | 1,227 | 1,135 | 784 | 871 | 1,298 | 1,494 | 2,031 | 1,688 | 2,460 | 1,182 | 2,519 | 3,145 |
Tax % | 11% | -3% | 25% | 26% | 29% | -1% | 33% | 16% | 26% | 26% | 16% | 23% |
1,096 | 1,168 | 592 | 647 | 915 | 1,507 | 1,359 | 1,415 | 1,820 | 870 | 2,124 | 2,425 | |
EPS in Rs | 58.36 | 62.23 | 31.51 | 34.46 | 48.75 | 80.23 | 72.36 | 75.35 | 96.93 | 46.32 | 113.12 | 129.11 |
Dividend Payout % | 51% | 55% | 54% | 49% | 53% | 17% | 19% | 19% | 60% | 20% | 7% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 10% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 7% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 10% |
3 Years: | -7% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 188 | 188 | 188 | 188 | 188 | 188 | 188 | 188 | 188 | 188 | 188 | 188 |
Reserves | 7,637 | 8,048 | 8,255 | 8,644 | 9,177 | 10,340 | 11,333 | 12,473 | 14,040 | 13,855 | 15,834 | 18,083 |
35 | 0 | 36 | 50 | 59 | 0 | 0 | 102 | 126 | 153 | 355 | 430 | |
4,234 | 4,436 | 4,362 | 4,558 | 5,464 | 5,497 | 5,561 | 5,362 | 6,565 | 6,212 | 6,523 | 6,222 | |
Total Liabilities | 12,094 | 12,671 | 12,841 | 13,440 | 14,889 | 16,025 | 17,082 | 18,126 | 20,919 | 20,409 | 22,900 | 24,923 |
5,504 | 5,598 | 5,285 | 7,525 | 7,241 | 7,049 | 6,991 | 6,659 | 6,723 | 7,486 | 9,227 | 9,753 | |
CWIP | 820 | 1,915 | 2,371 | 261 | 262 | 392 | 435 | 545 | 1,212 | 1,683 | 972 | 1,616 |
Investments | 2,194 | 1,573 | 1,476 | 258 | 230 | 230 | 230 | 221 | 193 | 193 | 1,374 | 2,742 |
3,576 | 3,585 | 3,709 | 5,395 | 7,156 | 8,353 | 9,425 | 10,701 | 12,791 | 11,046 | 11,326 | 10,812 | |
Total Assets | 12,094 | 12,671 | 12,841 | 13,440 | 14,889 | 16,025 | 17,082 | 18,126 | 20,919 | 20,409 | 22,900 | 24,923 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,056 | 1,332 | 1,461 | 1,380 | 1,555 | 1,118 | 2,248 | 2,216 | 2,832 | -1,239 | 2,980 | 1,706 | |
-858 | -1,437 | -948 | -539 | -384 | -367 | -328 | -536 | -989 | -4,642 | -1,168 | -1,289 | |
-834 | -837 | -681 | -420 | -422 | -441 | -374 | -327 | -331 | -1,238 | -442 | -987 | |
Net Cash Flow | -636 | -942 | -168 | 421 | 749 | 310 | 1,546 | 1,352 | 1,512 | -7,118 | 1,370 | -569 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13 | 13 | 15 | 18 | 18 | 21 | 15 | 12 | 10 | 14 | 15 | 20 |
Inventory Days | 230 | 232 | 235 | 278 | 260 | 262 | 153 | 131 | 162 | 109 | 116 | 84 |
Days Payable | 131 | 139 | 173 | 286 | 336 | 301 | 197 | 206 | 242 | 110 | 120 | 71 |
Cash Conversion Cycle | 112 | 106 | 77 | 10 | -57 | -17 | -30 | -63 | -69 | 13 | 11 | 33 |
Working Capital Days | -45 | -54 | -53 | -61 | -51 | -27 | -42 | -62 | -71 | 37 | 21 | 34 |
ROCE % | 17% | 15% | 11% | 11% | 15% | 16% | 19% | 16% | 19% | 9% | 17% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Audio recording of ACC's Q4 and FY 2025 financial results call uploaded on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
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Update On Schedule Of Investor Call
2d - Rescheduled Ambuja Cements analyst call to 3 PM on April 29, 2025, for FY25 results discussion.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Apr - Copy of Newspaper publication for Extract of Consolidated Financial Results of the Company for the quarter and financial year ended 31st March 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Apr - ACC reports highest ever PAT Rs. 2,402 Cr, 14% volume growth, Rs. 7.50 dividend, strong FY25 operational performance.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Concalls
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Apr 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Apr 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Jul 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Oct 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Apr 2021TranscriptNotesPPT
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Feb 2021Transcript PPT
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Oct 2020Transcript PPT
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Jul 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Oct 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Sep 2018TranscriptPPT
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Jul 2018TranscriptPPT
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Jun 2018TranscriptPPT
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May 2018Transcript PPT
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Mar 2018Transcript PPT
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Sep 2017TranscriptPPT
Business Segments
1) Cement (94% in FY24 vs 91% in CY19): [1] [2] The company offers two product lines including a gold range comprising of premium cement products like ACC gold water shield, ACC F2R superfast, etc and the silver range offering affordable cement products like ACC Suraksha power, ACC HPC long life, ACC Suraksha power+, etc. [3]
The segment's revenue grew by 31% between CY19 and FY24, driven by a 28% increase in sales volumes and a 2% rise in average sales realizations, from Rs. 4,973 per ton in CY19 to Rs. 5,092 per ton in FY24. [4] [5]