Cement & Cement Products
Valuation | |
|---|---|
| Market Cap | 30.28 kCr |
| Price/Earnings (Trailing) | 11.43 |
| Price/Sales (Trailing) | 1.21 |
| EV/EBITDA | 7.77 |
| Price/Free Cashflow | -135.86 |
| MarketCap/EBT | 11.38 |
| Enterprise Value | 30.03 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -1.5% |
| Price Change 1M | -6.1% |
| Price Change 6M | -11.4% |
| Price Change 1Y | -14.5% |
| 3Y Cumulative Return | -4.1% |
| 5Y Cumulative Return | -1.6% |
| 7Y Cumulative Return | 2.2% |
| 10Y Cumulative Return | 2.6% |
| Revenue (TTM) |
| 25.11 kCr |
| Rev. Growth (Yr) | -0.50% |
| Earnings (TTM) | 2.65 kCr |
| Earnings Growth (Yr) | -63% |
Profitability | |
|---|---|
| Operating Margin | 10% |
| EBT Margin | 11% |
| Return on Equity | 13.29% |
| Return on Assets | 10% |
| Free Cashflow Yield | -0.74% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.28 kCr |
| Cash Flow from Operations (TTM) | 1.71 kCr |
| Cash Flow from Financing (TTM) | -1 kCr |
| Cash & Equivalents | 247.73 Cr |
| Free Cash Flow (TTM) | -256.96 Cr |
| Free Cash Flow/Share (TTM) | -13.68 |
Balance Sheet | |
|---|---|
| Total Assets | 26.5 kCr |
| Total Liabilities | 6.56 kCr |
| Shareholder Equity | 19.94 kCr |
| Current Assets | 10.4 kCr |
| Current Liabilities | 5.15 kCr |
| Net PPE | 10.24 kCr |
| Inventory | 1.99 kCr |
| Goodwill | 394.63 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 26 |
| Interest/Cashflow Ops | 17.22 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 7.5 |
| Dividend Yield | 0.43% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 11% is a good sign.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.1% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -6.1% in last 30 days.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 11% is a good sign.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.1% return compared to 12.8% by NIFTY 50.
Smart Money: Smart money looks to be reducing their stake in the stock.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -6.1% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 0.43% |
| Dividend/Share (TTM) | 7.5 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 141.1 |
Financial Health | |
|---|---|
| Current Ratio | 2.02 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 45.02 |
| RSI (5d) | 20.34 |
| RSI (21d) | 36.17 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated May 5, 2025
ACC reported a 20% decline in consolidated net profit to Rs 751 crore for Q4 FY25, despite a 13% increase in revenue.
The stock has corrected nearly 10% over the past week and is down approximately 25.56% over the last year.
Brokerages have lowered target prices for ACC shares, reflecting concerns over margin dilution and increasing costs.
Summary of ACC's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook for Ambuja Cements, highlighting robust growth and strategic initiatives. They reported a quarterly sales volume of 18.9 million tons, increasing by 17%, with market share improving to 16.6%. The total capacity now stands at 109 million tons per annum, with expectations to reach 120 million tons by the end of FY '26, despite a slight delay in commissioning two plants, with the exit target now at 115 million tons.
Key forward-looking points include:
Overall, management is focused on achieving sustained growth, operational excellence, and improved profitability through strategic investments and market leadership.
Understand ACC ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| AMBUJA CEMENTS LIMITED | 50.05% |
| LICI JEEVAN SAATHI PLUS GROWTH FUND | 10.51% |
| HOLDERIND INVESTMENTS LTD | 4.48% |
| HDFC TRUSTEE COMPANY LIMITED - HDFC INFRASTRUCTURE | 2.8% |
| ENDEAVOUR TRADE AND INVESTMENT LIMITED | 2.16% |
| SBI LARGE & MIDCAP FUND | 1.94% |
| ICICI PRUDENTIAL COMMODITIES FUND |
Detailed comparison of ACC against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | UltraTech Cement | 3.76 LCr | 86.37 kCr | +4.40% | +13.10% | 48.99 | 4.36 | - | - |
| AMBUJACEM | Ambuja Cements | 1.27 LCr |
Comprehensive comparison against sector averages
ACC metrics compared to Cement
| Category | ACC | Cement |
|---|---|---|
| PE | 11.43 | 32.67 |
| PS | 1.21 | 2.27 |
| Growth | 13.6 % | 15 % |
ACC is a prominent company in the Cement & Cement Products industry, trading under the stock ticker ACC. With a market capitalization of Rs. 36,150.9 Crores, the company is recognized for its extensive operations in manufacturing and selling both cement and ready-mix concrete across India.
The company operates primarily in two segments: Cement and Ready Mix Concrete.
ACC's product portfolio includes:
Cement Types:
Ready-Mix Concrete:
Construction Chemicals:
Additionally, ACC provides products such as ready-use and waterproof plasters, mortars, tile adhesives under the ACC Suraksha brand, and EcoMaxx, a green concrete that boasts lower embodied carbon content for numerous structural applications.
The company's distribution network comprises dealers, retailers, engineers, and architects, ensuring its products reach a wide audience. Founded in 1936 and headquartered in Ahmedabad, India, ACC was formerly known as The Associated Cement Companies Limited until it rebranded in September 2006.
As a subsidiary of Ambuja Cements Limited, ACC has demonstrated robust financial health, recording a revenue of Rs. 22,102.8 Crores over the last twelve months and a profit of Rs. 2,597.7 Crores in the past year. The company has seen a remarkable revenue growth of 35.1% over the last three years and offers dividends to its investors with a yield of 0.81% per year. Over the past year, it returned Rs. 16.75 in dividends per share, showcasing its commitment to delivering value to its shareholders.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
ACC vs Cement (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
ACC Ltd reported a record annual profit after tax of Rs 2,402 crore for FY 2024-25, reflecting a 3% increase from the previous year.
Analyst / Investor Meet • 17 Feb 2026 Intimation of schedule of Analyst / Institutional Investor Meeting / Call scheduled on February 24, 2026. |
Earnings Call Transcript • 04 Feb 2026 We are submitting the transcript of earnings call held on January 30, 2026 for the unaudited financial results of the Company for the quarter and nine months ended on December 31, 2025. |
Investor Presentation • 04 Feb 2026 Investor Presentation for the Investor / Analysts conference scheduled to be held in USA and UAE. |
Analyst / Investor Meet • 04 Feb 2026 Intimation of Schedule of Analyst / Institutional Investor Meeting /Call scheduled on February 12, 2026 and February 13, 2026. |
Analyst / Investor Meet • 30 Jan 2026 Intimation of Schedule of Analyst / Institutional Investor Meeting /Call scheduled on February 05, 2026, February 9, 2026 and February 10, 2026. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Question: "If I exclude Orient, from the total volumes, then the volume growth comes to more like 6%. So is it that in Q3, we were focusing more on premiumization or on pricing or value versus volume?"
Answer: I acknowledge that excluding Orient shows a growth of approximately 6%. Our strategy has indeed shifted towards premiumization, focusing on strengthening brand equity in trade segments. This resulted in slightly slower growth in total volumes. Going forward, I expect to regain market share and prioritize premium products, supporting better realization while augmenting our overall volumes.
Question: "Regarding renewable energy, you're selling power in the market. How is this reported and what savings can we expect?"
Answer: Currently, our generated renewable energy is reflected under "other operating income." We anticipate significant savings once we fully utilize around 1,122 MW by FY '27. This income is currently benefiting our cash flows, and as capacity ramps up, operational cost reductions will be realized, enhancing our energy efficiency and contributing positively to margins.
Question: "What is the outlook for JP assets now sitting at AEL? Would it make logical sense for Ambuja to digest them?"
Answer: While it's best to direct queries about AEL to them, I can say that JP assets remain at arm's length given AEL's independent status. Ambuja's strategy will continue focusing on optimizing our existing capacity, while we remain open to opportunities that enhance our growth trajectory if conditions are favorable.
Question: "How do you view the cost picture with new capacities ramping up and possibly affecting costs?"
Answer: New capacities are expected to improve efficiency rather than increase costs. We are focused on reducing overall costs through smarter operations and better utilization of both new and existing assets. Our cost reduction plan, targeting INR3,800 per ton by March '27, is still on track.
Question: "Can you provide guidance for capex in the next couple of years?"
Answer: We expect our yearly capex to be around INR10,000-odd crores, factoring in growth and efficiency improvements as we enhance our existing capabilities and expand new capacities.
Question: "On coal sales reporting, how does this affect pricing and EBITDA?"
Answer: The coal sales have been grossed up in revenues and costs as per our new accounting practice. This shift has no impact on our realization metrics or EBITDA but allows for clearer financial reporting moving forward.
Question: "What is the expected demand outlook for Q4 and beyond, considering previous discussions of 8% average growth?"
Answer: For Q4, I am bullish and expect demand growth to mirror the annual growth rate of around 8%. The positive trends in January reflect a healthy market outlook, with institutional demand robustly supporting our forecast.
Question: "What are the operational targets for the acquired assets by FY '27?"
Answer: We aim for an 80% utilization rate across our acquired assets, with a focus on achieving an EBITDA closer to INR1,250-1,300 per ton through strategic enhancements and operational efficiencies.
This summary captures key questions and their respective responses from the Q&A section of the earnings call.
| 1.3% |
| PAKISTANI SHAREHOLDERS | 0% |
| FOREIGN INSTITUTIONAL INVESTORS | 0% |
| FOREIGN BANK | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 40.8 kCr |
| -5.00% |
| +6.00% |
| 34.02 |
| 3.1 |
| - |
| - |
| SHREECEM | Shree Cements | 95.65 kCr | 21.09 kCr | -3.10% | -7.00% | 53.37 | 4.53 | - | - |
| DALBHARAT | DALMIA BHARAT | 38.83 kCr | 14.92 kCr | -7.30% | +16.00% | 32.73 | 2.6 | - | - |
| INDIACEM | India Cements | 13.11 kCr | 4.54 kCr | -6.60% | +62.90% | -120.57 | 2.89 | - | - |
| 13.4% |
| 6,114 |
| 5,393 |
| 5,594 |
| 5,515 |
| 5,099 |
| 4,453 |
| Profit Before exceptional items and Tax | -44.2% | 426 | 762 | 561 | 746 | 1,476 | 319 |
| Exceptional items before tax | - | 32 | 0 | 0 | 135 | 0 | -35 |
| Total profit before tax | -39.8% | 459 | 762 | 561 | 880 | 1,476 | 284 |
| Current tax | 115.3% | 77 | -495.98 | 155 | 184 | 303 | 93 |
| Deferred tax | -116% | -21.18 | 140 | 33 | -52.75 | 82 | -8.55 |
| Total tax | 115.4% | 56 | -356.09 | 188 | 131 | 385 | 84 |
| Total profit (loss) for period | -64% | 404 | 1,119 | 375 | 751 | 1,092 | 200 |
| Other comp. income net of taxes | -154.3% | -15.28 | 31 | -6.54 | -6.53 | -0.75 | -25.64 |
| Total Comprehensive Income | -66.3% | 389 | 1,151 | 369 | 745 | 1,091 | 174 |
| Earnings Per Share, Basic | -65% | 21.52 | 59.6 | 19.99 | 39.99 | 58.14 | 10.55 |
| Earnings Per Share, Diluted | -65% | 21.47 | 59.45 | 19.94 | 39.89 | 57.98 | 10.52 |
| -3.7% |
| 707 |
| 734 |
| 1,036 |
| 824 |
| 834 |
| 839 |
| Finance costs | -30.1% | 108 | 154 | 77 | 62 | 55 | 57 |
| Depreciation and Amortization | 9.1% | 956 | 876 | 835 | 661 | 597 | 635 |
| Other expenses | -6.2% | 9,695 | 10,339 | 13,800 | 11,265 | 9,450 | 8,081 |
| Total Expenses | 10% | 19,716 | 17,925 | 21,203 | 16,689 | 13,803 | 12,125 |
| Profit Before exceptional items and Tax | 19.5% | 3,011 | 2,519 | 1,344 | 950 | 2,553 | 1,864 |
| Exceptional items before tax | - | 135 | 0 | -161.77 | -95.35 | -92.86 | -176.01 |
| Total profit before tax | 24.9% | 3,145 | 2,519 | 1,182 | 854 | 2,460 | 1,688 |
| Current tax | 80.4% | 690 | 383 | 272 | 188 | 635 | 547 |
| Deferred tax | 172.7% | 31 | 12 | 40 | 33 | 4.71 | -274.54 |
| Total tax | 82.7% | 721 | 395 | 312 | 221 | 640 | 273 |
| Total profit (loss) for period | 14.2% | 2,425 | 2,124 | 870 | 633 | 1,820 | 1,415 |
| Other comp. income net of taxes | -232.4% | -34.74 | 28 | 31 | 14 | 5.44 | -14.54 |
| Total Comprehensive Income | 11% | 2,390 | 2,153 | 901 | 648 | 1,826 | 1,400 |
| Earnings Per Share, Basic | 14.3% | 129.11 | 113.119 | 46.324 | 33.73 | 96.93 | 75.35 |
| Earnings Per Share, Diluted | 14.3% | 128.76 | 112.822 | 46.2 | 33.64 | 96.67 | 75.17 |
| 1.2% |
| 9,669 |
| 9,552 |
| 9,611 |
| 9,054 |
| 8,645 |
| 7,342 |
| Capital work-in-progress | 10.6% | 1,787 | 1,616 | 1,249 | 972 | 1,116 | 1,683 |
| Non-current investments | 0% | 17 | 17 | 18 | 18 | 18 | 18 |
| Loans, non-current | 1752.9% | 69 | 4.67 | 8.5 | 5.11 | 3.9 | 4.87 |
| Total non-current financial assets | 5.9% | 1,909 | 1,802 | 1,048 | 1,006 | 1,185 | 1,253 |
| Total non-current assets | -0.8% | 15,812 | 15,942 | 13,340 | 12,418 | 11,805 | 11,278 |
| Total assets | 4.2% | 25,969 | 24,923 | 23,211 | 22,900 | 21,991 | 20,409 |
| Total non-current financial liabilities | 31.8% | 370 | 281 | 318 | 224 | 281 | 126 |
| Provisions, non-current | -10.2% | 124 | 138 | 187 | 149 | 178 | 176 |
| Total non-current liabilities | 22% | 1,278 | 1,048 | 947 | 827 | 908 | 735 |
| Total current financial liabilities | 10.6% | 3,425 | 3,098 | 3,050 | 3,293 | 3,020 | 2,709 |
| Provisions, current | 23.1% | 17 | 14 | 11 | 12 | 10 | 10 |
| Current tax liabilities | -53.3% | 485 | 1,037 | 1,058 | 913 | 1,052 | 538 |
| Total current liabilities | -10.1% | 5,040 | 5,604 | 5,810 | 6,051 | 6,366 | 5,630 |
| Total liabilities | -5% | 6,318 | 6,652 | 6,757 | 6,878 | 7,273 | 6,366 |
| Equity share capital | 0% | 188 | 188 | 188 | 188 | 188 | 188 |
| Total equity | 7.6% | 19,652 | 18,271 | 16,454 | 16,022 | 14,718 | 14,043 |
| Total equity and liabilities | 4.2% | 25,969 | 24,923 | 23,211 | 22,900 | 21,991 | 20,409 |
| - |
| 0 |
| 0 |
| 2.78 |
| - |
| 4.18 |
| - |
| Net Cashflows from Operations | -43.2% | 1,791 | 3,155 | -836.03 | - | 3,117 | - |
| Income taxes paid (refund) | -52.3% | 84 | 175 | 403 | - | 285 | - |
| Net Cashflows From Operating Activities | -42.8% | 1,706 | 2,980 | -1,238.77 | - | 2,832 | - |
| Cashflows used in obtaining control of subsidiaries | -100.2% | 0 | 423 | 0 | - | 0 | - |
| Proceeds from sales of PPE | - | 15 | 0 | 124 | - | 22 | - |
| Purchase of property, plant and equipment | 9.1% | 1,530 | 1,402 | 2,103 | - | 1,173 | - |
| Proceeds from sales of investment property | -102.2% | 0 | 46 | 0 | - | 0 | - |
| Proceeds from sales of long-term assets | 50.4% | 1,242 | 826 | 0 | - | 0 | - |
| Purchase of other long-term assets | 88.1% | 1,378 | 733 | 0 | - | 0 | - |
| Dividends received | -74.4% | 2.79 | 7.99 | 2.3 | - | 1.56 | - |
| Interest received | -29.6% | 358 | 508 | 210 | - | 175 | - |
| Other inflows (outflows) of cash | - | 1.56 | 0 | -2,875.95 | - | -3.86 | - |
| Net Cashflows From Investing Activities | -10.1% | -1,288.52 | -1,169.89 | -4,641.98 | - | -988.78 | - |
| Payments of lease liabilities | - | 745 | 0 | 89 | - | 0 | - |
| Dividends paid | -18.4% | 143 | 175 | 1,089 | - | 263 | - |
| Interest paid | -30.5% | 99 | 142 | 60 | - | 32 | - |
| Net Cashflows from Financing Activities | -122.8% | -986.81 | -442.29 | -1,237.7 | - | -330.52 | - |
| Effect of exchange rate on cash eq. | -176.9% | 0 | 2.3 | 0.06 | - | 0 | - |
| Net change in cash and cash eq. | -141.6% | -569.07 | 1,370 | -7,118.39 | - | 1,512 | - |
Investor Presentation • 30 Jan 2026 The Company has informed the exchange regarding the Investor Presentation. |
Analysis of ACC's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Cement and ancilliary services * | 92.5% | 6 kCr |
| Ready Mix Concrete | 7.5% | 492.2 Cr |
| Total | 6.5 kCr |