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ACC Ltd share Price Today

Company details

2,460.00
2,532.50
1,700.00
2,746.40
6M Return 24.27%
1Y Return 41.78%
Mkt Cap.(Cr) 46,351.47
Volume 262,400
Div Yield 0.38%
OI
-
OI Chg %
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Volume 262,400

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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

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ACC Ltd shares SWOT Analysis

Strengths (7)

  • Company with high TTM EPS Growth
  • Strong QoQ EPS Growth in recent results
  • Companies with rising net profit margins - quarterly as well as TTM basis

Weakness (2)

  • MACD Crossover Below Signal Line
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 2,513.9
R2 2,559.4
R3 2,586.4
Pivot

2,486.93

S1 2,441.4
S2 2,414.4
S3 2,368.9
EMA SMA
2,537.1
2,507.8
2,395.7
2,253.6
2,500.7
2,573.0
2,368.9
2,149.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 2240.6 110464 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 2240.6 110464 BSE
BNP PARIBAS ARBITRAGE Bulk Purchase 2023-08-31 2006.73 2293323 NSE
Name Category Shares
AMBUJA CEMENTS LIMITED PROMOTER 50.05%
HOLDERIND INVESTMENTS LTD PROMOTER 4.48%
ENDEAVOUR TRADE AND INVESTMENT LIMITED PROMOTER 2.16%

OUR RESEARCH VIEW

Investment recommendation
Poised for strong growth ahead…
Call Date
04 Apr 2024
Entry Price 2,631.00
Target Price 3,225.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

ACC Ltd Stocks COMPARISON

Financials( in Cr) ACC Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd Dalmia Bharat Ltd
Price 2,468.30 9,652.55 608.85 25,491.15 1,952.05
% Change -2.23 -1.68 -2.69 -0.46 -1.32
Mcap Cr 46,351.47 278,656.57 133,805.50 91,974.62 36,610.31
Revenue TTM Cr 16,151.67 61,326.50 28,965.46 17,852.33 13,540.00
Net Profit TTM Cr 1,863.10 4,916.88 3,711.04 1,269.14 1,079.00
PE TTM 27.68 43.43 36.95 40.93 30.10
1 Year Return 41.78 25.42 58.41 -1.96 -1.59
ROCE 18.51 12.86 21.37 8.51 7.88
ROE 13.80 9.62 15.43 7.03 6.81
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 14,308.83 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,771.53 7,735.64
LAST 3M 82,392.14 52,275.07
LAST 6M 132,482.07 84,624.18
LAST 12M 206,189.80 211,987.34

ACC Ltd Information

Stock PE (TTM)
27.68
Promoter Holding
56.69%
Book Value
789.1285
ROCE
18.51%
ROE
13.8%
Description
  • Test

Registered Address

Cement House, 121 Maharshi Karve Road, Mumbai, Maharashtra, 400020

Tel : 91-022-41593321/33024291/4469/4225
Email : acc-investorsupport:adani.com
Website : http://www.acclimited.com
Registrar

ACC Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500410
NSE Code : ACC
Book Closure Date (Month) :
BSE Group : A
ISIN : INE012A01025

FAQ’s on ACC Ltd Shares

You can buy ACC Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy ACC Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 12, 2024 04:05 PM the closing price of ACC Ltd was ₹ 2,468.30.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 12, 2024 04:05 PM, the market cap of ACC Ltd stood at ₹ 46,351.47.

The latest PE ratio of ACC Ltd as of Apr 12, 2024 04:05 PM is 27.68

The latest PB ratio of ACC Ltd as of Apr 12, 2024 04:05 PM is 0.32

The 52-week high of ACC Ltd share price is ₹ 2,746.40 while the 52-week low is ₹ 1,700.00

According to analyst recommendations, ACC Ltd Share has a “Buy” rating for the long term.

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