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ACC Results: Latest Quarterly Results & Analysis

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ACC Ltd. 31 Oct 2025 13:56 PM

Q2FY26 Quarterly Result Announced for ACC Ltd.

Cement & Cement Products company ACC announced Q2FY26 results

  • Quarterly Revenue at Rs 5,932 crore, up by 28% YoY highest ever in Q2 series.
  • Q2FY26 EBITDA @ Rs 849 PMT, up 67% YoY, Rs 846 crore, up 94% YoY.
  • EBITDA margin @14.3%, up 4.8 pp YoY.
  • EPS at Rs 59.4 for the quarter, up by Rs 48.8 YoY.
  • Net worth at Rs 19,937 crore, up by Rs 1,151 during the quarter, continue to remain Debt Free, highest rating of croreisil AAA (Stable)/ croreisil A1 .

Vinod Bahety, Whole-Time Director & CEO, ACC, said: “This quarter has been instrumental for the cement sector. Despite the challenges from prolonged monsoons, the sector stands to benefit from several favourable developments including GST 2.0 reforms, the Carbon croreedit Trading Scheme (CCTS), and the withdrawal of coal cess. These developments will support steady demand momentum going forward. Salai Banwa, Kalamboli expansion projects will add 3.4 MTPA during this year. Plant debottlenecking will unlock capacity of 5.6 MTPA, Logistics debottlenecking will help improve utilization levels.

As part of the larger Adani Cement family and under the parentage of Ambuja Cements, ACC is benefitting from the Group’s integrated ecosystem spanning logistics, renewable energy, and innovation. Ambuja’s strategic investments in this ecosystem are also helping ACC’s expansion, cost improvement and transformation. The upcoming clinker capacities of Ambuja ~ 30 MTPA, 1000 MW of RE power will also be available for ACC under MSA, which will continue its growth momentum. The outlook for the balance of FY26 remains positive, led by cost improvement, premiumization and digitisation.”

Result PDF

Cement & Cement Products company ACC announced Q1FY26 results

  • Revenue for the quarter at Rs 6,087 crore, up by 17% YoY, driven by higher trade sales volume (6%) and premium product as % of trade sales at 41% (up by 7 pp YoY).
  • Operating EBITDA at Rs 778 crore, up by 15% YoY, EBITDA margin at 12.8%.
  • Net Worth increased by Rs 228 crore during the quarter and stands at Rs 18,787 crore.
  • EPS (Diluted) at Rs 19.9 during the quarter, up by Rs 0.7 YoY.

Vinod Bahety, Whole-Time Director & CEO, ACC, said: “With a purpose driven accelerated start to the year, our performance reflects the strength of our integrated strategy anchored in premium sales, operational excellence, cost leadership, and a deep commitment to sustainability. The consistent growth in volumes, efficiency gains, and digital transformation initiatives are enabling us to deliver greater value to our customers and stakeholders. With our science-based net-zero targets validated by the SBTi, we continue to lead the industry in climate responsibility. As we move forward, we remain focused on scaling responsibly, innovating continuously, and building a future-ready building materials solutions company making material impact that contributes meaningfully to nation’s infrastructure and economic ambitions.”

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Cement & Cement Products company ACC announced Q4FY25 results

  • Highest ever revenue in a quarter at Rs 6,067 crore, driven by higher trade sales volume and premium product as % of trade sales at 41% (up by 7 pp YoY).
  • Higher volume along with improved operational parameters resulted in growth in all business parameters.
  • Operating EBITDA at Rs 830 crore, EBITDA margin at 13.7%.
  • Cash & Cash equivalent at Rs 3,593 crore, with highest ever Net Worth at Rs 18,559 crore, up by Rs 2,227 crore during the year.
  • EPS (Diluted) at Rs 39.9 during the Q4FY25.

Vinod Bahety, Whole Time Director & CEO, ACC, said: “As We conclude this FY, ACC stands stronger, more agile and future ready. This year has been marked by strategic milestone that reinforce our position as a leader in the Indian cement industry. Our capacity expansion initiatives including the commissioning of new grinding units supported by debottlenecking and modernisation, are aligned with growing infrastructure and booming demand of the nation.

We have also made significant progress on our ESG agenda enhancing our usage of alternative fuel, reducing carbon intensity and advancing our water positivity initiatives. ACC is the only larger Cement company which is certified by SBTi for Net Zero target. Innovation continues to remain central to our approach. Through our digital transformation programme, we are leveraging data, AI, and automation to drive efficiencies across the value chain from Quarry to Lorry. Those efforts have translated into improved operational matrices, strengthened customer engagement and long-term value creation. I would like to express my heartful appreciation to our employees, partners and shareholders for their support and trust. Together, we are building a sustainable and resilient ACC, India’s oldest Cement company getting younger by the day, the TRUST factor getting stronger by the day - one that’s equipped to shape the future of construction of India.’’

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Cement & Cement Products company ACC announced Q3FY25 results

  • Highest ever revenue in Q3FY25 Series over last 5 years at Rs 5,927 crore, driven by higher trade sales volume (up by 11%) and premium product as % of trade sales at 32%.
  • Higher volume along with improved operational parameters resulted in growth in all business parameters.
  • Operating EBITDA at Rs 1,116 crore, EBITDA margin at 18.8%.
  • Cash & Cash equivalent at Rs 2,526 crore, with highest ever Net Worth at Rs 17,816 crore, up by Rs 1,091 crore during Q3FY25.
  • EPS (Diluted) at Rs 58.0 during Q3FY25.

Ajay Kapur, Whole Time Director & CEO, ACC, said: “Our Q3FY25 results demonstrate our strategic focus on driving growth through higher volumes, cost optimisation, and enhanced efficiencies. With strong demand for our premium cement products, and our commitment to excellence on all parameters in line with our ESG leadership, we are leveraging innovation and sustainability to maintain our competitive edge and maximise stakeholder value. We are well-poised to achieve sustained profitability and capitalise on our strategic vision set forth for our business.”

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Cement & Cement Products company ACC announced Q2FY25 results

  • Highest ever revenue in Q2 series over last 5 years at Rs 4,614 crore, driven by higher trade sales volume (up by 2%) and premium product as % of trade sales at 36% (up by 3.7 pp YoY).
  • Operating EBITDA at Rs 436 crore, EBITDA margin at 9.5%.
  • Cash & Cash equivalent at Rs 2,921 crore, with Net Worth at Rs 16,725 crore, up by Rs 172 crore during Q2FY25.
  • EPS (Diluted) at Rs 10.5 during the quarter.
  • Net worth increased to Rs 16,725 crore.
  • Operating cost at Rs 4,486 PMT, improved by Rs 297 (6%) YoY.
  • PAT at Rs 200 crore.

Ajay Kapur, Whole Time Director & CEO, ACC, said: “Our performance in Q2 reinforces our standing as a frontrunner in the cement industry. Our financial results this quarter – fuelled by higher volumes, cost optimization, increasing efficiencies, and agility – build the momentum for our growth strategy for FY25 and beyond. Our growth is being driven by robust demand for high-quality cement products across all markets, as well as our continuous efforts to optimise operations and lead on all ESG parameters Our leadership status is highlighted in our drive for operational excellence supported by innovation, sustainability, and a customer-centric approach. We continue to deliver strong value for our stakeholders as we aim for sustained profitability through our competitive advantage.”

Result PDF

Cement & Cement Products company ACC announced Q1FY25 results:

Financial Highlights:

  • Revenue at Rs 5,155 crore, Operating EBITDA at Rs 679 crore, EBITDA margin at 13.2%.
  • Cash & Cash equivalent at Rs 2,747 crore, with Net Worth at Rs 16,552 crore, up by Rs 219 crore from Q4 FY’24.
  • Highest ever volume at 10.2 million tonnes in Q1 over last 5 years, up by 9% YoY.
  • Taken lead in ESG, Net Zero commitment by 2050, with near-term targets validated by SBTi, first of its kind in the sector.
  • EBITDA (PMT) at Rs 664 PMT and EBITDA margin at 13.2%.
  • PAT at Rs 361 crore.
  • EPS of Rs 19.2 for the quarter

Operational Highlights:

  • Volume increased by 9% YoY at 10.2 million tonnes supported by increase in premium products and improvement in efficiency parameters, ensuring market leadership.
  • Kiln fuel cost improved from Rs 2.14 per ‘000 kCal to Rs 1.73 per ‘000 kCal with change of fuel basket and higher consumption of alternative fuels.
  • Thermal value reduced from 757 kCal to 739 kCal, with further improvement expected in future quarters.

Ajay Kapur, CEO – Cement Business, Adani Group, said, “ACC’s performance strengthens our drive to consistently stay a frontrunner in the industry. Our performance this quarter exemplifies our efficiency and agility. Our strategic decisions, customer-centric approach, and operational excellence continue to drive growth. As we move forward, we remain committed to delivering value to our stakeholders in a sustainable manner.”

RMX business is growing steadily with improvement in profitability driven by improved efficiency parameters and optimising its footprint.

Result PDF

Cement & Cement products company ACC announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Q4FY24 Operating EBITDA up by 79% at Rs 837 crore.
  • A total of Rs 1,044 crore cash flows generated from the Operations in Q4FY24.
  • EPS(Diluted) Rs 50.2 in Mar’24 quarter, compared to Rs 12.5 in Mar’23 quarter.

FY24 Financial Highlights:

  • Annualised PAT (12 months) at Rs 2,337 crore up 378% YoY.
  • Volume up by 23.5%, revenues up 13% YoY.
  • EBITDA (PMT) at Rs 802 PMT, up 45% YoY.
  • EBITDA margin at 15.5% up by 5.7 pp YoY.
  • PAT at Rs 945 crore jumped 3x, YoY.
  • EPS for the year improved to Rs 124.1, last year Rs 26.0.
  • Dividend on equity shares at Rs 7.50 per share.
  • Rs 2,995 crore cash flows generated from the Operations in FY24.
  • Cash & Cash equivalent at Rs 4,667 crore, Consolidated Net Worth at Rs 16,333 crore, up by Rs 2,191 crore from FY23.

Ajay Kapur, Whole Time Director & CEO, ACC, said, “We continue to solidify our position as a frontrunner in the cement industry. Our financial performance with jump in EBITDA by 138% during the year is a testament to the flexibility and strong foundation of our business model. The trust of our customers and our commitment to building a sustainable future with investment in efficiency improvements, green power etc. has furthered our success, as we emerge even stronger than before. With passing time ACC is getting younger and stronger with the expansion and performance efficiency plans”

Result PDF

Cement & Cement Products company ACC announced Q3FY24 results:

Key Highlights:
- The company observed an 8.3% growth in revenue which now stands at Rs 4,914 crore.
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in Q3 rose by 139% to Rs 905 crore.
- Profit After Tax (PAT) had a significant increase of 375% to Rs 538 crore.
- The Earnings Per Share (EPS) saw a substantial YoY increase of Rs 22.54 reaching Rs 28.55, marking a rise from Rs 6.01 in the previous year's December quarter.

Operational Highlights:
- A 16.5% growth in sales volume for clinker and cement, up at 8.9 million tonnes.
- A reduction in kiln fuel costs by 28%, with the cost going down from Rs 2.59 to Rs 1.86 per '000 kcal.
- Increased usage of waste heat recovery system (WHRS), which now accounts for 9.1% of the total power consumption, up by 2.7 percentage points.

Working Capital and Liquidity:
- The company reported Rs 4,282 crore as cash and cash equivalents, an improvement from the previous quarter's Rs 3,634 crore.
- The working capital cycle stands at 28 days, which is competitive within the industry.

Expansion and Sustainability:
- 1 MTPA cement grinding has started at the Ametha Integrated Cement Plant.
- Total WHRS capacity augmented to 46.3 MW with the newly commissioned 16.3 MW at Ametha.

Outlook and Growth:
- Cement demand in India is expected to grow at 7-8%, with the vision of the country's economic development progressing from a USD 3.5 trillion to a USD 7.3 trillion economy by 2030.

Environmental, Social, and Governance (ESG):
- ACC focuses on a low-carbon product portfolio and aims for a five-fold water-positive status by 2030.
- The company has introduced eco-friendly products and is working on transitioning towards green power as a major energy source.

Awards and Recognition:
- ACC won multiple awards acknowledging its excellence in sustainable practices, safety, and environmental management.

 

Ajay Kapur, Whole Time Director & CEO of ACC, stated, "ACC's financial performance has seen a complete turnaround in the last 12 months. Recent capacity additions have taken the Adani Group's cement capacity to 77.4 MPTA. This will enable volume and revenue growth on a sustainable basis."

 

 

 

Result PDF

Cement & Cement Products company ACC announced Q2FY24 & H1FY24 results:

  • Q2FY24:
    • Revenue grew by 11.2% at Rs 4,435 crore.
    • EBITDA stood at Rs 759 crore (up by Rs 673 crore) driven by cost savings & operational efficiency
    • EBITDA margin expanded by 14.2 pp from 2.1% to 16.3%.
  • H1FY24:
    • Revenue grew by 14% at Rs 9,636 crore.
    • EBITDA up by Rs 1,041 crore, at Rs 1,607 crore.
    • EBITDA margin expanded by 9.6 pp from 6.6% to 16.2%

Ajay Kapur, Whole Time Director & CEO, ACC said, “In continuation of our strong performance from the first quarter, we are pleased to announce a spectacular second quarter of FY 2023-24, witnessing a 11.2% YoY surge in revenue, Rs 673 crore jump in EBITDA and improvement in PAT to Rs 388 crore. This commendable growth is attributed to the improved demand for our premium cement products up by 1.5 pp YoY at 32% of trade sales, Net dealer addition of 534 during the quarter across all markets, coupled with our commitment to enhancing operational efficiency and prioritizing environmental sustainability.

In operational efficiencies, Electrical energy consumption improved by 6.4 kWh/t at 73.9 kWh/t with Clinker factor improvement from 57.2% to 56.6% coupled with a reduction in Kiln fuel cost from Rs 3.19 to Rs 1.85 /000 kcal.

Our commitment to enhancing logistics efficiencies has resulted in a Road Direct Despatch increase from 52% to 58% and an increase in Rail coefficient by 5pp to 34%.

One of the highlights of this quarter was the commencement of the Ametha Integrated plant in Madhya Pradesh thereby boosting our clinker capacity with an additional 3.3 MPTA, while our journey of green power through WHRS and Renewable Power continues and will boost our profitability apart from helping to achieve ESG targets.

We are committed to reducing our carbon footprint and it remains at the forefront of our mission. In H1FY24, we have reduced Specific CO2 emissions by 13 kg/T of cementitious material to 466 kg/T of cementitious material YoY. Our strategies include optimising our industry-leading green blended cement portfolio at 93% of total sales, minimizing thermal and electrical energy intensity, the introduction of Waste Heat Recovery Systems across facilities, and a significant focus on boosting our renewable energy capacity and usage."

 

 

Result PDF

Cement & Cement Products company ACC announced Q1FY24 results:

  • Net Revenue up 16.4% YoY at Rs 5,201 crore
  • Volume up by 23.2% YoY, at 9.4 MioT
  • EBITDA on YoY basis jumped by 77% from Rs 480 crore to Rs 848 crore
  • PAT rose to Rs 466 crore as compared to Rs 227 crore last year
  • Cash & Cash equivalent stands at Rs 3,226 crore at the end of the quarter

Ajay Kapur, Whole Time Director & CEO, ACC said, “We are delighted to report a strong performance in the first quarter of FY24, with a 16.4% increase in revenue and 105% increase in PAT compared to the previous year's same quarter. The growth was driven by robust demand for high-quality cement products across all markets, as well as our continuous efforts to optimize operations and reduce environmental impact. As we are committed to delivering the best for every stakeholder, we are proud to be ranked No.2 in India’s Most Trusted Cement Brands 2023' by TRA. We thank our customers, partners, employees, and shareholders for their trust and support, and we look forward to building on this momentum for the rest of the year.

Sustainability has been a fundamental tenet of operational and growth planning, woven seamlessly into all our endeavoRs We are proud to be recognised among ‘India’s Top 50 Most Sustainable Companies' crore loss Sector by BW Businessworld while winning several other awards and accolades for our outstanding work. We have persistently strived to diminish our carbon footprint by reducing the clinker factor, curbing thermal and electrical energy intensity, implementing Waste Heat Recovery Systems across facilities, and augmenting usage and capacity for renewable energy generation.

We started this financial year with a campaign highlighting the aspect of Building India since 1936 through ACC's Suraksha film. With cricket being something that our target audience strongly associates with, we capitalized on India v/s Australia World Test Championship through our advertisements during the series. Through our Technical Services, we are enabling an ecosystem of right and sustainable construction practices for the larger benefit of society.

Our long-term competitiveness remains robust, ensuring industry-leading profitability even as we chase our ambitious growth goals. With a firm belief in strategic approach, we are poised to continue our trajectory of outstanding performance in the forthcoming quarters”

 

 

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