ACC Ltd.

1,307.40.48%

2026-08-21

acclimited.comBSE: 500410NSE: ACC
Market Cap₹ 24,429 Cr.
Current Price₹ 1,307
High / Low₹ 1,987 / 1,252
Stock P/E0.0
Book Value₹ 1,095
Price to Book1.15
Dividend Yield0.58 %
ROCE12.5 %
ROE11.8 %
Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2024 • Cement: 93.4% • Ready Mixed Concrete: 6.6%

PROS

  • Company is almost debt free
  • Stock looks reasonably valued - P/E of 10.3 is below its historical median
  • Company generates healthy free cash flow
  • Attractively priced for its growth - PEG of 0.3

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.51x)
  • Recurring exceptional / one-off items are inflating headline profit
  • Though reporting repeated profits, the company pays out little dividend (6.2%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.ULTRACEMCO11594.9540.01341679.032.072603.7217.2424648.2015.8513.2520.35
2.AMBUJACEM411.0023.33102125.990.49660.00-31.939500.00-7.676.2416.78
3.SHREECEM24484.9554.2088343.530.61531.12-17.486233.1318.0310.6120.41
4.JKCEMENT5257.5542.9640624.170.38274.62-15.314031.7220.2614.8916.07
5.DALBHARAT1897.2038.1435585.010.47192.00-51.393890.006.998.1520.69
6.ACC1300.9012.8024429.250.58147.00-60.845808.00-4.5911.607.90
7.RAMCOCEM906.8533.2321428.170.2831.24-63.062273.059.6010.7513.49
8.JSWCEMENT125.1022.4317055.700.40153.43111.231896.4121.58-4.2116.41
9.INDIACEM370.70124.2111487.890.0026.85120.201019.42-0.520.3015.28
10.NUVOCO321.6029.7611486.140.00159.6319.883128.718.917.1118.16
11.STARCEMENT194.3021.247853.230.5173.91-24.71942.893.398.4220.63
12.JKLAKSHMI557.7018.726923.531.17108.07-27.901904.789.4112.3613.63
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023
5,201
4,432
Operating Profit
OPM %
Other Income
78
Interest
25
Depreciation
199
623
Tax %
25.54%
Net Profit
464
25
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
4,435
3,886
Operating Profit
OPM %
Other Income
208
Interest
29
Depreciation
212
516
Tax %
25.46%
Net Profit
384
20
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
4,918
4,015
Operating Profit
OPM %
Other Income
84
Interest
34
Depreciation
234
719
Tax %
26.63%
Net Profit
527
28
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
5,398
4,561
Operating Profit
OPM %
Other Income
122
Interest
66
Depreciation
231
662
Tax %
-13.15%
Net Profit
749
40
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
5,200
4,523
Operating Profit
OPM %
Other Income
70
Interest
33
Depreciation
221
493
Tax %
25.64%
Net Profit
366
20
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
4,629
4,200
Operating Profit
OPM %
Other Income
154
Interest
33
Depreciation
232
318
Tax %
26.50%
Net Profit
234
12
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
5,940
4,831
Operating Profit
OPM %
Other Income
644
Interest
28
Depreciation
250
1,475
Tax %
26.18%
Net Profit
1,089
58
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
6,057
5,256
Operating Profit
OPM %
Other Income
191
Interest
13
Depreciation
253
859
Tax %
14.43%
Net Profit
735
39
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
6,066
5,293
Operating Profit
OPM %
Other Income
69
Interest
30
Depreciation
238
574
Tax %
33.01%
Net Profit
384
20
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
5,852
5,033
Operating Profit
OPM %
Other Income
223
Interest
29
Depreciation
257
757
Tax %
-47.01%
Net Profit
1,112
59
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
6,459
5,765
Operating Profit
OPM %
Other Income
58
Interest
26
Depreciation
288
596
Tax %
9.08%
Net Profit
541
29
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
7,076
6,459
Operating Profit
OPM %
Other Income
54
Interest
26
Depreciation
259
380
Tax %
34.62%
Net Profit
249
13
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
5,766
5,603
Operating Profit
OPM %
Other Income
59
Interest
27
Depreciation
244
198
Tax %
25.25%
Net Profit
148
1
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
188
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
22,210
20,291
Operating Profit
2,256
OPM %
10
Other Income
337
Interest
77
Depreciation
835
1,182
Tax %
26
Net Profit
870
EPS
46
Dividend Payout %
20
Minority Interest
0
Share of Associates
0
Adjusted EPS
46
Minority Interest
0
Share of Associates
0
Adjusted EPS
46
Mar 2024
19,952
16,895
Operating Profit
3,549
OPM %
18
Other Income
492
Interest
154
Depreciation
876
2,519
Tax %
16
Net Profit
2,124
EPS
113
Dividend Payout %
7
Minority Interest
0
Share of Associates
0
Adjusted EPS
113
Minority Interest
0
Share of Associates
0
Adjusted EPS
113
Mar 2025
21,826
18,809
Operating Profit
4,075
OPM %
19
Other Income
1,059
Interest
108
Depreciation
956
3,145
Tax %
23
Net Profit
2,425
EPS
129
Dividend Payout %
6
Minority Interest
0
Share of Associates
0
Adjusted EPS
129
Minority Interest
0
Share of Associates
0
Adjusted EPS
129
Mar 2026
25,766
22,875
Operating Profit
3,306
OPM %
13
Other Income
414
Interest
111
Depreciation
1,042
2,306
Tax %
1
Net Profit
2,287
EPS
122
Dividend Payout %
6
Minority Interest
0
Share of Associates
0
Adjusted EPS
122
Minority Interest
0
Share of Associates
0
Adjusted EPS
122
TTM
25,153
22,860
Operating Profit
OPM %
Other Income
394
Interest
108
Depreciation
1,048
1,930
Tax %
-6
Net Profit
2,050
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
5%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
38%

STOCK PRICE CAGR

10 Years:
-2%
5 Years:
-11%
3 Years:
-13%
1 Year:
-29%

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
13%
Last Year:
12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2026

Jun 12

₹ 0.75

Rs.7.5000 per share(75%)Final Dividend

2025

Jun 13

₹ 0.75

2024

Jun 14

₹ 0.75

Rs.7.5000 per share(75%)Final Dividend

2023

Jul 7

₹ 0.92

Rs.9.2500 per share(92.5%)Dividend

2022

Apr 4

₹ 5.80

Rs.58.0000 per share(580%)Final Dividend

2021

Mar 30

₹ 1.40

Rs.14.0000 per share(140%)Final Dividend

2020

Mar 27

₹ 1.40

Rs.14.0000 per share(140%)Final Dividend

2019

Mar 5

₹ 1.40

Rs.14.0000 per share(140%)Dividend

2018

May 17

₹ 1.50

Rs.15.0000 per share(150%)Final Dividend

2017

Jul 25

₹ 1.10

Interim Dividend

2017

Mar 16

₹ 0.60

A.G.M. & Rs.6.0000 per share(60%)Dividend

2016

Aug 2

₹ 1.10

Interim Dividend

2016

Feb 22

₹ 0.60

Rs.6.0000 per share(60%)Final Dividend

Mar 2023
Equity Capital
188
13,855
Trade Payables
1,639
4,727
Total Liabilities
20,409
7,486
Capital Work in Progress
1,683
193
1,624
0
Cash & Bank
287
9,136
Total Assets
20,409
Total Debt
0
Net Working Capital
2,494
Contingent Liabilities
3,278
Book Value per Share
747.79
Face Value
10.00
Total Debt
0
Net Working Capital
2,494
Contingent Liabilities
3,278
Book Value per Share
747.79
Face Value
10.00
Mar 2024
Equity Capital
188
15,834
Trade Payables
1,842
5,036
Total Liabilities
22,900
9,227
Capital Work in Progress
972
1,374
1,843
841
Cash & Bank
1,671
6,971
Total Assets
22,900
Total Debt
0
Net Working Capital
3,436
Contingent Liabilities
3,439
Book Value per Share
853.17
Face Value
10.00
Total Debt
0
Net Working Capital
3,436
Contingent Liabilities
3,439
Book Value per Share
853.17
Face Value
10.00
Mar 2025
Equity Capital
188
18,083
Trade Payables
1,686
4,966
Total Liabilities
24,923
9,753
Capital Work in Progress
1,616
2,742
1,895
1,172
Cash & Bank
1,517
6,229
Total Assets
24,923
Total Debt
0
Net Working Capital
3,370
Contingent Liabilities
3,484
Book Value per Share
972.93
Face Value
10.00
Total Debt
0
Net Working Capital
3,370
Contingent Liabilities
3,484
Book Value per Share
972.93
Face Value
10.00
Mar 2026
Equity Capital
188
20,228
Trade Payables
2,284
4,351
Total Liabilities
27,052
9,782
Capital Work in Progress
2,030
1,533
1,752
3,671
Cash & Bank
479
7,804
Total Assets
27,052
Total Debt
0
Net Working Capital
5,470
Contingent Liabilities
3,365
Book Value per Share
1087.18
Face Value
10.00
Total Debt
0
Net Working Capital
5,470
Contingent Liabilities
3,365
Book Value per Share
1087.18
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
-1,239
Cash from Investing
-4,642
Cash from Financing
-1,238
-7,118
Free Cash Flow
-1,239
OCF / Net Profit
-1.42
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.42
Cumulative 5-Year FCF
0
Mar 2024
2,980
Cash from Investing
-1,170
Cash from Financing
-442
1,368
Free Cash Flow
1,181
OCF / Net Profit
1.40
Cumulative 5-Year FCF
0
OCF / Net Profit
1.40
Cumulative 5-Year FCF
0
Mar 2025
1,706
Cash from Investing
-1,289
Cash from Financing
-987
-569
Free Cash Flow
-570
OCF / Net Profit
0.70
Cumulative 5-Year FCF
0
OCF / Net Profit
0.70
Cumulative 5-Year FCF
0
Mar 2026
-1,174
Cash from Investing
1,113
Cash from Financing
-420
-482
Free Cash Flow
-2,571
OCF / Net Profit
-0.51
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.51
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023
EPS (₹)
46.32
Book Value (₹)
747.79
Dividend per Share (₹)
9.25
Cash EPS (₹)
90.79
Operating Margin %
9.03%
Net Margin %
3.48%
ROE %
6.15%
ROCE %
8.91%
4.21%
Debtor Days
10
Inventory Days
21
Payable Days
119
-88
Debt to Equity (x)
0.00x
Interest Coverage (x)
16.32x
1.44x
Revenue Growth %
37.51%
Operating Profit Growth %
-29.61%
Net Profit Growth %
-52.21%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
113.12
Book Value (₹)
853.17
Dividend per Share (₹)
7.50
Cash EPS (₹)
159.78
Operating Margin %
13.77%
Net Margin %
9.57%
ROE %
14.13%
ROCE %
17.78%
9.81%
Debtor Days
14
Inventory Days
28
Payable Days
104
-62
Debt to Equity (x)
0.00x
Interest Coverage (x)
17.38x
1.57x
Revenue Growth %
-10.17%
Operating Profit Growth %
57.31%
Net Profit Growth %
144.19%
144.19%
P/E (x)
22.02x
P/B (x)
2.92x
Dividend Yield %
0.30%
12.71x
Mar 2025
EPS (₹)
129.11
Book Value (₹)
972.93
Dividend per Share (₹)
7.50
Cash EPS (₹)
180.03
Operating Margin %
13.05%
Net Margin %
10.49%
ROE %
14.14%
ROCE %
18.97%
10.14%
Debtor Days
16
Inventory Days
30
Payable Days
78
-33
Debt to Equity (x)
0.00x
Interest Coverage (x)
30.13x
1.60x
Revenue Growth %
9.39%
Operating Profit Growth %
14.81%
Net Profit Growth %
14.14%
14.14%
P/E (x)
15.05x
P/B (x)
2.00x
Dividend Yield %
0.39%
8.58x
Mar 2026
EPS (₹)
121.77
Book Value (₹)
1087.18
Dividend per Share (₹)
7.50
Cash EPS (₹)
177.25
Operating Margin %
10.66%
Net Margin %
8.43%
ROE %
11.82%
ROCE %
12.50%
8.80%
Debtor Days
33
Inventory Days
25
Payable Days
65
-8
Debt to Equity (x)
0.00x
Interest Coverage (x)
21.81x
1.99x
Revenue Growth %
18.06%
Operating Profit Growth %
-18.86%
Net Profit Growth %
-5.68%
-5.68%
P/E (x)
10.29x
P/B (x)
1.15x
Dividend Yield %
0.60%
6.97x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
56.69
5.64
24.82
0.15
12.69
Sep 2024
56.69
5.50
24.42
0.15
13.23
Dec 2024
56.69
5.14
24.66
0.15
13.36
Mar 2025
56.69
4.83
24.92
0.15
13.40
Jun 2025
56.69
4.66
24.13
0.15
14.38
Sep 2025
56.69
5.05
22.55
0.15
15.56
Dec 2025
56.69
5.99
21.37
0.15
15.78
Mar 2026
56.69
5.93
21.62
0.15
15.61
Jun 2026
56.69
5.83
21.12
0.15
16.20

Documents

Announcements

Credit Ratings

  • Credit Rating

    2025-07-08 - ACC Limited has informed the Exchange about Credit Rating

Concalls