ACC Ltd
- Market Cap ₹ 22,970 Cr.
- Current Price ₹ 1,223
- High / Low ₹ 1,987 / 1,221
- Stock P/E 12.1
- Book Value ₹ 1,094
- Dividend Yield 0.60 %
- ROCE 11.2 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.14 times its book value
Cons
- 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
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 15m | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |
| 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% |
| 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 |
| Profit before tax | 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% | |
| 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 | 31.30 | 35.06 | 49.23 | 80.97 | 73.35 | 76.16 | 99.21 | 47.13 | 124.34 | 127.92 | 113.80 | 101.64 |
| Dividend Payout % | 55% | 54% | 49% | 53% | 17% | 19% | 18% | 59% | 20% | 6% | 6% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 14% |
| 3 Years: | 5% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 7% |
| 3 Years: | 31% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -13% |
| 3 Years: | -15% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
| 0 | 0 | 0 | 0 | 0 | 0 | 102 | 126 | 153 | 355 | 430 | 429 | |
| 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 |
| 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 |
| 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 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,352 | 1,457 | 1,390 | 1,554 | 1,118 | 2,255 | 2,219 | 2,835 | -1,235 | 2,995 | 1,711 | -1,364 | |
| -1,457 | -904 | -533 | -379 | -364 | -321 | -535 | -988 | -4,637 | -1,205 | -1,262 | 1,273 | |
| -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% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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% |
Insights
In beta| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cement Sales Volume MnT |
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| Blended Cement Share % |
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| Clinker Factor % ・Standalone data |
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| Installed Cement Capacity MTPA |
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| Green Power Share % |
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| Premium Cement Share of Trade Sales % |
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| Trade Sales Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- ACC Limited has informed about interaction with Investors / Analysts on September 17, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- ACC to host a physical group meeting and Sanghi Plant visit for investors on September 3, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- ACC Limited has informed about the copy of newspaper publication intimating completion of dispatch of notice of National Company Law Tribunal (NCLT) convened Meeting in …
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Shareholders Meeting Pursuant To The Order Passed By Hon''ble National Company Law Tribunal, Ahmedabad Bench.
- ACC shareholder meeting on September 29, 2026 to approve amalgamation with Ambuja Cements.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- ACC to meet investors and analysts at Adani Annual Conference 2026 in London and Abu Dhabi.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2013
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Annual Report 2012
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Concalls
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Aug 2026TranscriptPPTREC
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May 2026Transcript PPT
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May 2026TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Mar 2018Transcript PPT
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Sep 2017TranscriptPPT
Parent Company[1] [2] [3]
Ambuja Cements, the parent company, is among India’s leading cement manufacturers and ranks as the 9th largest cement producer globally. The board approved the amalgamation of the company with Ambuja Cements in Dec 2025, and the merger scheme is expected to be completed in FY27