ACC Limited (IN:ACC)
:ACC
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ACC Limited
(ACC)
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Rating:56Neutral
Price Target:
₹1,465.00
▼(-17.28% Downside)
Action:ReiteratedDate:05/04/26
The score is primarily weighed down by weak cash flow and FY2026 margin compression despite a very strong, low-debt balance sheet. Technicals are also soft with the stock below key longer-term moving averages and slightly negative MACD. Valuation is neutral, with a moderate P/E and low dividend yield offering limited support.
Positive Factors
Revenue Growth Trend
ACC's >21% reported revenue growth reflects durable demand expansion across cement and RMC channels. Sustained top-line gains indicate expanding market reach and better utilization of distribution and plant capacity, supporting mid-term volume-driven earnings resilience.
Negative Factors
Declining Free Cash Flow
Free cash flow has fallen because of higher capex, reducing cash available for dividends, debt reduction or opportunistic investments. If capex payback is slower than expected, this weakens liquidity and financial flexibility across upcoming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
ACC's >21% reported revenue growth reflects durable demand expansion across cement and RMC channels. Sustained top-line gains indicate expanding market reach and better utilization of distribution and plant capacity, supporting mid-term volume-driven earnings resilience.
Read all positive factors
ACC Limited (ACC) vs. iShares MSCI India ETF (INDA)
Market Cap
₹262.55B
Dividend Yield0.43%
Average Volume (3M)13.69K
Price to Earnings (P/E)24.7
Beta (1Y)1.00
Revenue Growth21.37%
EPS Growth-11.09%
CountryIN
Employees3,852
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)177.73
Shares Outstanding187,787,260
10 Day Avg. Volume8,729
30 Day Avg. Volume13,692
Financial Highlights & Ratios
PEG Ratio-1.00
Price to Book (P/B)1.15
Price to Sales (P/S)0.91
P/FCF Ratio-8.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,925.50Price Target Upside8.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)98.26
Revenue Forecast (FY)₹275.51B
ACC Limited Business Overview & Revenue Model
Company Description
ACC Limited manufactures and sells cement and ready-mix concrete in India. The company provides ordinary Portland cement; blended cement, including Portland Pozzolana cement, Portland slag cement, and composite cement; gold and silver range of cem...
How the Company Makes Money
ACC makes money mainly by selling cement and ready-mix concrete (RMC) to a mix of trade (retail/dealer) customers and institutional/project customers (e.g., infrastructure contractors, real estate developers, and industrial buyers). Revenue is gen...
ACC Limited Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
86
Very Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 230.59B | 257.62B | 206.72B | 195.74B | 174.19B | 158.14B |
| Gross Profit | 75.82B | 90.31B | 78.77B | 83.98B | 135.43B | 85.13B |
| EBITDA | 48.42B | 28.32B | 42.36B | 37.97B | 16.06B | 31.63B |
| Net Income | 33.37B | 21.37B | 24.02B | 23.35B | 6.49B | 18.63B |
Balance Sheet | ||||||
| Total Assets | 265.01B | 275.25B | 254.13B | 233.68B | 205.44B | 210.39B |
| Cash, Cash Equivalents and Short-Term Investments | 2.92B | 5.58B | 30.87B | 46.82B | 29.76B | 73.67B |
| Total Debt | 8.56B | 4.29B | 4.30B | 3.55B | 1.53B | 1.26B |
| Total Liabilities | 65.64B | 69.71B | 68.54B | 70.36B | 64.02B | 67.27B |
| Stockholders Equity | 199.33B | 205.51B | 185.55B | 163.28B | 141.38B | 143.09B |
Cash Flow | ||||||
| Free Cash Flow | -30.39B | -27.72B | -2.57B | 16.00B | -26.72B | 16.60B |
| Operating Cash Flow | -22.73B | -13.45B | 17.11B | 29.95B | -9.88B | 28.35B |
| Investing Cash Flow | 17.27B | 11.56B | -12.77B | -12.45B | -37.10B | -9.88B |
| Financing Cash Flow | -2.58B | -3.24B | -10.02B | -4.43B | -9.90B | -3.31B |
ACC Limited Technical Analysis
Negative
1771.00
Price Trends
1501.13
Negative
1633.94
Negative
1748.92
Negative
Market Momentum
-16.78
Negative
51.52
Neutral
90.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ACC, the sentiment is Negative. The current price of 1771 is above the 20-day moving average (MA) of 1371.07, above the 50-day MA of 1501.13, and above the 200-day MA of 1748.92, indicating a neutral trend. The MACD of -16.78 indicates Negative momentum. The RSI at 51.52 is Neutral, neither overbought nor oversold. The STOCH value of 90.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ACC.
ACC Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹189.71B | 37.97 | ― | 0.60% | 3.17% | 10.59% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹81.44B | 42.43 | ― | 0.82% | 11.24% | 70.26% | |
59 Neutral | ₹74.09B | 38.81 | ― | 0.92% | 6.39% | 123.93% | |
56 Neutral | ₹262.55B | 24.72 | ― | 0.43% | 21.37% | -11.09% | |
52 Neutral | ₹103.70B | 18.41 | ― | ― | 9.48% | 1545.41% | |
50 Neutral | ₹371.89B | 21.50 | ― | 0.44% | 5.89% | 66.77% |
* Basic Materials Sector Average
IN:ACC
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ACC Limited Corporate Events
ACC launches second 100-day ‘Saksham Niveshak’ drive to safeguard unpaid dividends
Apr 28, 2026
ACC Limited has launched the second 100-day phase of its “Saksham Niveshak” campaign, aimed at encouraging shareholders to complete KYC and related updates to their records. The initiative is designed to ensure that unpaid or unclaimed...
ACC Files SEBI Demat Compliance Certificate for March Quarter
Apr 14, 2026
ACC Limited has submitted to Indian stock exchanges the required quarterly certificate under Regulation 74(5) of SEBI’s Depositories and Participants Regulations, 2018, for the period ended March 31, 2026. The company confirmed that its regi...
ACC shareholders clear key related-party deals via postal ballot
Apr 2, 2026
ACC Limited has disclosed the results of a postal ballot process conducted entirely through electronic voting between March 3 and April 1, 2026, in line with Indian corporate governance and securities regulations. Shareholders were asked to approv...
ACC Limited shuts trading window ahead of FY26 results to meet SEBI norms
Mar 30, 2026
ACC Limited, a leading Indian cement and building materials producer within the Adani Group, serves infrastructure and construction demand across the country and is listed on both NSE and BSE. Headquartered in Ahmedabad, the company has operated s...
ACC Limited Earns Top-Tier ESG 1+ Rating from CARE ESG Ratings
Mar 24, 2026
ACC Limited has received an ESG rating of Care EDGE – ESG 1+ from CARE ESG Ratings Limited, signifying a leadership position in managing environmental, social and governance risks. The top-tier score reflects best-in-class disclosures, polic...
ACC Limited Schedules Global Investor Meetings in March 2026
Mar 10, 2026
ACC Limited has notified the stock exchanges that it will participate in a series of investor and analyst interactions in mid-March 2026, including Nomura India Corporate Day in Tokyo from March 16 to 18 and the Jefferies Asia Forum 2026 in Hong K...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.