Latest news with #ACCLtd
Time of India
24-07-2025
- Business
- Time of India
ACC Q1 profit rises 4% YoY to Rs 375 crore, misses estimates; demand outlook strong
Adani group-owned ACC Ltd 's consolidated net profit rose 4% on year to Rs 375 crore, aided by a 12% year-on-year growth in sales volumes. The bottomline, though, was lower than market expectations. The cement producer announced its earnings during market hours, and its shares closed at Rs 1,890.00 on the BSE, down 3.1% from the previous close. Explore courses from Top Institutes in Please select course: Select a Course Category Finance MCA Digital Marketing Project Management PGDM Cybersecurity Leadership MBA Design Thinking CXO Data Analytics Management Degree Data Science Operations Management Product Management Public Policy Healthcare healthcare Technology Artificial Intelligence others Others Data Science Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo ACC had a sales volume of 11.5 million tonne during the June quarter, the highest ever for the first quarter. This helped the consolidated revenue for the quarter rise 17% on year to Rs 6,087 crore. Higher sales of premium products as a proportion of trade also aided the revenue, the company said in a statement. While operating earnings before interest, tax, depreciation and amortization (EBITDA) rose 15% as compared to the previous year to Rs 778 crore, operating margins were 30 basis points lower at 12.8%. The company made an operating EBITDA of Rs 678 on every tonne of cement it sold, up from 664 rupees a year ago. The operating EBITDA was, though, lower than market expectations. Total tax expenses for the quarter surged 51% on year to Rs 187.53 crore. This included a deferred tax liability of Rs 32.97 crore for the quarter as compared to 1.72 crore a year ago. Live Events For the current fiscal, the company expects a 6-7% growth in demand for cement due to rise in demand for affordable housing, higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector. 'Cement demand growth in Q1 FY'26, remained strong at 4% amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. Outlook for Q2 FY'26 continues to remain strong,' it said in a statement.
NDTV
24-07-2025
- Business
- NDTV
Cement Maker ACC Net Profit Climbs 4.35% In April-June Quarter
New Delhi: Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," ACC said. Its Whole-Time Director & CEO Vinod Bahety said ACC's performance in Q1 reflects the strength of its integrated strategy, anchored in premium sales, operational excellence and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives is enabling us to deliver greater value to our customers and stakeholders," he said. Over the outlook, ACC said cement demand growth in Q1 FY26 remained strong at 4 per cent amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. "Outlook for Q2 FY26 continues to remain strong. For FY26, cement demand is expected to grow between 6 to 7 per cent due to a rise in demand for affordable housing (both rural and urban), higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector," it added. Shares of ACC Ltd on Thursday were trading at Rs 1,920.35 apiece on BSE, down 1.59 per cent from the previous close.
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Business Standard
24-07-2025
- Business
- Business Standard
ACC Q1 results: PAT climbs 4.35% to ₹375 cr; revenue up 18% at ₹6,035 cr
ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore Press Trust of India New Delhi Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," ACC said. Its Whole-Time Director & CEO Vinod Bahety said ACC's performance in Q1 reflects the strength of its integrated strategy, anchored in premium sales, operational excellence and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives is enabling us to deliver greater value to our customers and stakeholders," he said. Over the outlook, ACC said cement demand growth in Q1 FY26 remained strong at 4 per cent amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. "Outlook for Q2 FY26 continues to remain strong. For FY26, cement demand is expected to grow between 6 to 7 per cent due to a rise in demand for affordable housing (both rural and urban), higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector," it added. Shares of ACC Ltd on Thursday were trading at Rs 1,920.35 apiece on BSE, down 1.59 per cent from the previous close.
Mint
13-06-2025
- Business
- Mint
Adani Enterprises, Adani Ports to Adani Total Gas: Five Adani group shares to trade ex-dividend today
Dividend Stocks: Adani Enterprises, Adani Ports, Adani Total Gas , ACC Ltd and Ambuja Cements are the Five Adani group shares to trade ex-dividend today. These five Adani group firms as Adani Enterprises, Adani Ports, Adani Total Gas, ACC Ltd and Ambuja Cements had set Friday, June 15, 2025, as the record date for identifying the list of eligible shareholders to receive the dividend. According to the June 13 record date, investors who wished to benefit from the dividend payout by these five Adani group companies should have bought shares of these companies at least one day before the record date, in compliance with the T+1 settlement procedure, so that their names will be listed among the eligible shareholders to receive the dividend payout. Adani Enterprises Ltd- Subject to approval by the company's shareholders at the next Annual General Meeting (AGM), the Adani Enterprises Board had recommended a dividend of Rs. 1.30 (@ 130%) every equity share of face value of Re. 1 each that is fully paid up for the Financial Year 2024–2025. Adani Ports and Special Economic Zone Ltd: The Board of Adani Ports had recomended a dividend of Rs. 7 each fully paid-up equity share of Rs. 2 for the fiscal year 2024–2025. This translates into 350% dividend considering the face value of shares. Adani Total Gas: For the purpose of Identifying the members' entitlement to a dividend of Re. 0.25 (rupees twenty-five paisa only) for each equity share with a face value of Re. 1 each, fully paid-up for the fiscal year 2024–2025, the Adani Total Gas had set Friday, June 13, 2025, as the Record Date. If the shareholders approve the aforementioned dividend at the next Annual General Meeting, it will be paid on or after June 26, 2025, with applicable tax deductions made at the source. ACC Ltd- Subject to shareholder approval, the ACC Board had recommended a dividend of Rs. 7.50 (Rupees Seven and Fifty only) each equity share of face value of Rs. 10 each for the fiscal year 2024–2025. Ambuja Cements Ltd- Subject to the approval of the company's shareholders, the Board of Ambuja Cements had recommended a dividend of Rs. 2.00/- (Rupees two only) per equity share of face value of Rs. 2/- each fully paid-up for the Financial Year 2024–2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
20-05-2025
- Business
- Mint
Best stocks to trade today, 20 May, as recommended by Trade Brains Portal
Markets ended mixed, with benchmark indices underperforming broader indices. The Nifty closed below 25,000, while the Sensex fell 271 points to close the session at 82,059. Today, we recommend two stocks, one from the FMCG sector and the other from the cement sector. Stocks to trade as recommended by Trade Brains Portal ITC Ltd (Current price: ₹ 436) ITC announced the acquisition of ABREL's pulp and paper business, operated under the name of 'Century Pulp and Paper,' for a lump sum consideration of up to ₹3,500 crores on a cash-free, debt-free basis, which has an installed capacity of 4.8 lakh MTPA. Moreover, in its FMCG segment, ITC has signed share purchase agreements to acquire Sresta Natural Bioproducts Private Limited brand 24 Mantra Organic. Also, the company has signed agreements with Mother Sparsh Baby Care Private Limited operating in the premium ayurvedic and natural baby care space. ITC acquired the balance 73.5% stake over 2-3 years in Mother Sparsh, having an investment of ₹81 crore by FY27 with a total investment of ₹126 crore. The company reported revenue from operations of ₹61,236 crore for 9M FY25, up from ₹55,330 crore for 9M FY24, an increase of 11%. For Q3FY25, net segment revenue for cigarettes was up by 8.1% YoY, and PBIT was up by 4.1% YoY. FMCG revenue is up by 4% YoY, Agri segment revenue is up by 9.7% YoY, PBIT is up by 21.6% YoY, and paperboards and packaging revenue is up by 3.1%. Their revenue from the cigarette segment is highly concentrated. ITC's raw materials in agricultural commodities are exposed to climate change; it is a low-margin and highly volatile business. Variation in the crop output could adversely impact a company's operations. The company remains exposed to the impact of changes in the regulatory norms with respect to the treatment of manufacturing residual discharge/waste. Also Read: Seeking value in ITC and Godfrey Phillips? Tobacco stocks gain momentum in FMCG play ACC Ltd (Current price: ₹ 1,929) ACC and Ambuja combined bring 73% of the trade cement share and 29% of trade volumes in premium products, amongst the highest in the industry. In FY25, ACC Ltd. volumes grew by 13% to 11.9 million tons from 10.5 million tons, while the parent Ambuja volumes stood at 11.6 million tons, up 22% from 9.5 million tons YoY. ACC Ltd. has the highest revenue from operations compared to Ambuja and Sanghi. In FY25, the revenue from operations grew by 6% to ₹20,789 crore from ₹19,681 crore YoY. EBITDA stood at ₹2,088 crore, margins stood at 10%, and profit after tax grew by 2% to ₹2,402 crore from ₹2,335 YoY. The company has two segments: the cement business contributes ₹20,504 crore, and ready-mix concrete contributes ₹1,382 crore. To maximize its profit, the company decreased its power and fuel cost from ₹930 per ton in FY24 to ₹727 per ton in FY25. The power and fuel costs have reduced by 22% ( ₹203/t), driven by the WHRS share up by 14% and green power mix up by 23%. The company reduced 19% of costs through acquisitions and OPEX programs. Further, the company targets to reduce the cost from 19% to 12% by FY28. However, currently green power consumption stands at 21% and is targeting to consume 60% of power from green by FY28. In addition, freight and forwarding costs have been reduced by 8%, and other expenses declined by 12% YoY. On a consolidated basis, the group has 62 million tons of clinker capacity and 100 MTPA cement capacity. The project under execution; other stages clinker capacity stood at 27, bringing the total capacity to 89 million tons and 40 MTPA cement capacity, bringing the total to 140 MTPA by 2028. The company has 350 million users on its infrastructure platform. The Adani Group now operates 11 captive ships, 22 grinding units, and 24 integrated units. In India, it has more than 110,000 channel partners. The group owned 101 ready-mix concrete facilities, 10 bulk cement terminals, 82% of blended cement, and 65% of the clinker factor as of FY25. Furthermore, management anticipates that 118 MTPA of cement capacity in FY26 and 1,000 megawatts will be operational by June FY26. By FY26 and FY28, the company anticipates EBITDA per ton of ₹915 and ₹1,500, respectively. In addition, significant projects and clinker capacity expansions will be put into service in Q1, Q2, and Q3 of FY26, with a cost of ₹3,650 per unit by FY28. Also Read: FPI assets top $800 billion after 4 months as markets rebound on eased trade worries Market Recap On Monday, the Nifty slipped below 25,000, while the broad indices saw a minor decline. With an RSI of 63.61, the Nifty 50 closed at 24,945, down 74 points, or 0.30%, below the overbought zone of 70. During the day, it was trading above all four 20/50/100/200 EMAs. The Sensex closed at 82,059, down 271 points, or 0.33%, while trading above all four EMAs and with an RSI of 62.56. Among the sectoral gainers, Nifty Realty closed at 933 after gaining 20.65 points, or 2.26%. Other real estate gainers were Phoenix Mills (3.3%) and Oberoi Realty Ltd (3.5%), while Raymond Ltd continued hit the 5% upper circuit following its real estate demerger. At 6,725 points, Nifty PSU Bank increased 987 points, or 1.46%, overnight. The NiftySmallcap50 rose by 68 points, or 0.82%, to 8,462 today. Among the sector losses, Nifty Media declined 10 points, or -0.59%, to close at 1,672, while Nifty IT fell -495 points, or -1.30%, to close at 37,478. In the international markets, the Dow Jones futures were down -302 points, or -0.7%, on Monday (4:20 pm IST) due to Moody's downgrading the country's credit rating from AAA to AA1. Asian indices, such as the Nikkei 225, KOSPI, Taiwan, Malaysia Hang Seng, and Straits Times, also ended the day lower because of China's slowing retail sales growth, which suggests that the world's second-largest economy is still worried about consumption. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
