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ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.[1][2]
Business Segments1) Cement (94% in FY24 vs 91% in CY19):[1][2]The company offers two product lines including agold rangecomprising of premium cement products like ACC gold water shield, ACC F2R superfast, etc and thesilver rangeoffering 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]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UltraTech Cem. | 11729.00 | 47.12 | 345579.21 | 0.66 | 1237.98 | 75.23 | 19606.93 | 20.33 | 10.89 | 81724.53 | 18.35 | 7334.75 | 1231.58 | 4.80 | 5.19 | 0.35 |
| 2. | Grasim Inds | 2734.80 | 43.02 | 186176.34 | 0.37 | 1498.04 | 68.24 | 39899.58 | 16.59 | 7.50 | 159663.26 | 20.07 | 4327.58 | 553.48 | 1.87 | 1.69 | 2.06 |
| 3. | Ambuja Cements | 547.55 | 23.55 | 135344.69 | 0.37 | 2302.28 | 233.64 | 9174.49 | 21.48 | 10.50 | 38772.67 | 18.83 | 5746.21 | 1935.75 | 2.41 | 7.02 | 0.02 |
| 4. | Shree Cement | 26480.00 | 55.59 | 95560.95 | 0.42 | 309.82 | 303.60 | 4761.07 | 17.44 | 6.71 | 20146.65 | 23.33 | 1718.89 | 308.51 | 4.26 | 3.97 | 0.10 |
| 5. | J K Cements | 5621.00 | 41.99 | 43461.80 | 0.27 | 159.25 | 275.56 | 3019.20 | 17.93 | 13.99 | 12883.19 | 18.56 | 1034.93 | 160.53 | 6.70 | 5.11 | 1.00 |
| 6. | Dalmia BharatLtd | 2009.20 | 33.85 | 37675.30 | 0.45 | 239.00 | 413.04 | 3417.00 | 10.69 | 5.58 | 14325.00 | 20.13 | 1112.86 | 236.00 | 2.13 | 2.48 | 0.40 |
| 7. | ACC | 1830.10 | 10.71 | 34405.04 | 0.41 | 1112.16 | 375.55 | 5852.46 | 26.43 | 17.64 | 23870.89 | 14.67 | 3213.67 | 1112.16 | 1.75 | 9.63 | 0.02 |
| тАУ | Median: 35 Co. | 197.45 | 34.67 | 2887.09 | 0.21 | 19.74 | 116.51 | 601.53 | 16.59 | 5.58 | 2494.44 | 11.92 | 56.39 | 20.11 | 2.15 | 1.24 | 0.6 |
Standalone figures in тВ╣ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 3,987 | 4,537 | 4,791 | 5,201 | 4,435 | 4,918 | 5,398 | 5,200 | 4,629 | 5,896 | 6,057 | 6,066 | 5,852 |
Expenses | 3,972 | 4,159 | 4,324 | 4,432 | 3,886 | 4,015 | 4,561 | 4,523 | 4,200 | 4,787 | 5,256 | 5,293 | 5,033 |
Operating Profit | 15 | 378 | 466 | 769 | 548 | 903 | 837 | 677 | 429 | 1,109 | 800 | 773 | 820 |
Other Income | 53 | -38 | 51 | 78 | 208 | 84 | 122 | 70 | 154 | 644 | 326 | 69 | 223 |
Profit before tax | -122 | 149 | 328 | 623 | 516 | 719 | 662 | 493 | 318 | 1,475 | 859 | 574 | 757 |
Tax % | -26% | 26% | 28% | 26% | 25% | 27% | -13% | 26% | 26% | 26% | 14% | 33% | -47% |
Net Profit | -91 | 110 | 237 | 464 | 384 | 527 | 749 | 366 | 234 | 1,089 | 735 | 384 | 1,112 |
EPS in Rs | -4.85 | 5.88 | 12.60 | 24.71 | 20.46 | 28.09 | 39.86 | 19.50 | 12.45 | 57.99 | 39.16 | 20.48 | 59.22 |
Standalone Figures in тВ╣ Crores / Yearly
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 11,061 | 11,645 | 11,706 | 10,990 | 13,285 | 14,801 | 15,657 | 13,785 | 16,151 | 22,210 | 19,952 | 21,668 | 23,871 |
Expenses | 9,417 | 10,122 | 10,199 | 9,522 | 11,375 | 12,757 | 13,247 | 11,432 | 13,151 | 20,291 | 16,895 | 18,652 | 20,369 |
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 | 3,502 |
Other Income | 270 | 252 | -3 | 91 | 132 | 138 | 311 | 28 | 112 | 175 | 492 | 1,193 | 1,262 |
Interest | 114 | 83 | 67 | 83 | 102 | 89 | 86 | 57 | 55 | 77 | 154 | 108 | 101 |
Depreciation | 574 | 558 | 652 | 605 | 640 | 600 | 603 | 635 | 597 | 835 | 876 | 956 | 998 |
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 | 3,665 |
Net Profit | 1,096 | 1,168 | 592 | 647 | 915 | 1,507 | 1,359 | 1,415 | 1,820 | 870 | 2,124 | 2,425 | 3,321 |
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 | 176.85 |
Dividend Payout % | 51% | 55% | 54% | 49% | 53% | 17% | 19% | 19% | 60% | 20% | 7% | 6% | тАУ |
Standalone figures in тВ╣ crores
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 188 | 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 | 19,464 |
Borrowings | 35 | -0 | 36 | 50 | 59 | -0 | -0 | 84 | 126 | 153 | 355 | 430 | 485 |
Other Liabilities | 4,234 | 4,436 | 4,362 | 4,558 | 5,464 | 5,497 | 5,561 | 5,381 | 6,565 | 6,212 | 6,523 | 6,222 | 5,833 |
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 | 25,969 |
Fixed Assets | 5,504 | 5,598 | 5,285 | 7,525 | 7,241 | 7,049 | 6,991 | 6,659 | 6,723 | 7,486 | 9,227 | 9,753 | 9,854 |
Gross Block | тАУ | тАУ | тАУ | 8,129 | 8,480 | 8,877 | 9,397 | 9,809 | 10,448 | 12,017 | 14,527 | 16,160 | тАУ |
Accumulated Depreciation | тАУ | тАУ | тАУ | 604 | 1,239 | 1,828 | 2,406 | 3,151 | 3,725 | 4,531 | 5,300 | 6,406 | тАУ |
CWIP | 820 | 1,915 | 2,371 | 261 | 262 | 392 | 435 | 545 | 1,212 | 1,683 | 972 | 1,616 | 1,787 |
Investments | 2,194 | 1,573 | 1,476 | 258 | 230 | 230 | 230 | 221 | 193 | 193 | 1,374 | 2,742 | 1,373 |
Other Assets | 3,576 | 3,585 | 3,709 | 5,395 | 7,156 | 8,353 | 9,425 | 10,701 | 12,791 | 11,046 | 11,326 | 10,812 | 12,956 |
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 | 25,969 |
Standalone Figures in тВ╣ Crores / Yearly
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 1,056 | 1,332 | 1,461 | 1,380 | 1,555 | 1,118 | 2,248 | 2,216 | 2,832 | -1,239 | 2,980 | 1,706 |
Cash from Investing Activity | -858 | -1,437 | -948 | -539 | -384 | -367 | -328 | -536 | -989 | -4,642 | -1,168 | -1,278 |
Cash from Financing Activity | -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 | -558 |
Standalone Figures in тВ╣ Crores / Yearly
| 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 | -54 | -63 | -53 | -27 | -42 | -62 | -71 | 36 | 19 | 7 |
ROCE % | 17% | 15% | 11% | 11% | 15% | 16% | 19% | 16% | 19% | 9% | 17% | 18% |
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