ACC Limited (ACC) AI Stock Analysis

• Market Cap: ₹319.90B
• Dividend Yield: 0.43%
• Average Volume (3M): 13.69K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.86
• Revenue Growth: 15.13%
• EPS Growth: 63.32%
• Country: IN
• Employees: 3,852
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 59.35
• Shares Outstanding: 187,787,260
• 10 Day Avg. Volume: 8,729
• 30 Day Avg. Volume: 13,692
• PEG Ratio: 5.43
• Price to Book (P/B): 1.98
• Price to Sales (P/S): 1.68
• P/FCF Ratio: -142.67
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,840.00
• Price Target Upside: 3.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ₹2,053.00 ▲(15.92% Upside)

ACC Limited's overall stock score is driven by its strong financial performance and reasonable valuation. The company's solid revenue growth and profitability, along with a stable balance sheet, are significant strengths. Technical analysis suggests neutral momentum, with potential for upward movement. The valuation is fair, supporting a positive outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a robust market position and effective sales strategies, supporting long-term business expansion and stability.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth opportunities.

Profitability

Sustained profitability through efficient cost management ensures competitive pricing and supports reinvestment in business operations.

Negative Factors

Free Cash Flow Decline

Decreased free cash flow can limit immediate financial flexibility, although it may support long-term growth if linked to strategic investments.

EBIT Margin Decline

A declining EBIT margin could indicate rising costs or competitive challenges, potentially impacting profitability if not addressed.

Increased Liabilities

Rising liabilities, if unchecked, could strain financial resources, affecting the company's ability to invest in growth and manage debt effectively.

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 cement; ready mixed concrete value-added products; and bulk cement. It also offers construction chemicals, such as ACC LeakBlock, a polymer-based integral waterproofing compound used in various types of cement mortar, plasters, and concrete; ACC LeakBlock WaterProof Plaster - LB 101, a ready-to-use cementitious waterproof mortar for internal and external plaster applications; and tile adhesives. In addition, the company provides EcoPact, a concrete with lower embodied carbon content for various structural components applications comprising foundations, columns, beams, external or internal walls, driveways, walkways, etc. It distributes its products through a network of dealers, retailers, engineers, and architects. The company was formerly known as The Associated Cement Companies Limited and changed its name to ACC Limited in September 2006. ACC Limited was incorporated in 1936 and is headquartered in Mumbai, India. ACC Limited is a subsidiary of Ambuja Cements Limited.

How the Company Makes Money

ACC generates revenue primarily through the sale of cement and ready-mixed concrete. The company has a diversified product portfolio that includes different types of cement tailored for various construction needs, which allows it to cater to a broad customer base, including individual consumers, contractors, and large-scale infrastructure projects. Key revenue streams include sales to the retail market, infrastructure projects, and construction companies. Additionally, ACC benefits from partnerships with various stakeholders in the construction industry, enhancing its market reach. Factors contributing to its earnings include a strong brand reputation, innovative product offerings, efficient manufacturing processes, and strategic pricing. The sustainability initiatives and focus on environmental responsibility also appeal to consumers and may lead to increased sales in the growing green construction market.

ACC Limited Financial Statement Overview

Summary

ACC Limited demonstrates solid financial health with strong revenue growth and profitability. The balance sheet is stable with low leverage, and cash flows indicate prudent operational management. However, increased capital expenditures have impacted free cash flow, suggesting ongoing investments in growth initiatives.

Income Statement

ACC Limited has shown strong revenue growth over the past years, with a notable increase from 2024 to 2025. The gross profit margin is healthy, reflecting efficient management of production costs. The net profit margin also exhibits strength, indicating effective cost control and pricing strategies. However, there is a slight decline in EBIT margin, suggesting increased operational costs or competitive pressures.

Balance Sheet

The balance sheet reveals a robust equity position, with a favorable equity ratio indicating strong asset backing by equity. The company maintains a low debt-to-equity ratio, highlighting prudent debt management. Return on equity is solid, reflecting good profitability on equity capital. While overall stability is strong, the slight increase in total liabilities warrants monitoring to ensure continued financial health.

Cash Flow

Cash flow analysis shows a decline in free cash flow, primarily due to increased capital expenditures. Despite this, the operating cash flow to net income ratio remains positive, indicating the company's ability to generate cash from operations. The decrease in free cash flow is a concern, but it may be linked to strategic investments for future growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	226.44B	217.62B	199.59B	177.84B	161.52B	137.86B
Gross Profit	96.68B	98.15B	96.92B	83.02B	97.82B	85.68B
EBITDA	30.91B	28.91B	29.05B	12.33B	29.62B	23.27B
Net Income	24.18B	24.02B	23.35B	4.89B	18.63B	14.30B
Balance Sheet
Total Assets	0.00	254.13B	233.68B	205.44B	210.39B	182.00B
Cash, Cash Equivalents and Short-Term Investments	30.87B	30.87B	46.82B	29.76B	73.67B	58.50B
Total Debt	0.00	4.30B	3.55B	1.53B	1.26B	1.02B
Total Liabilities	-185.59B	68.54B	70.36B	64.02B	67.27B	54.98B
Stockholders Equity	185.59B	185.55B	163.28B	141.38B	143.09B	126.99B
Cash Flow
Free Cash Flow	0.00	-2.57B	16.00B	-26.72B	16.60B	14.71B
Operating Cash Flow	0.00	17.11B	29.95B	-9.88B	28.35B	22.19B
Investing Cash Flow	0.00	-12.77B	-12.45B	-37.10B	-9.88B	-5.35B
Financing Cash Flow	0.00	-10.02B	-4.43B	-9.90B	-3.31B	-3.27B

ACC Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1771.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 1752.85, below the 50-day MA of 1808.31, and below the 200-day MA of 1866.78, indicating a bearish trend. The MACD of -18.65 indicates Negative momentum. The RSI at 36.56 is Neutral, neither overbought nor oversold. The STOCH value of 46.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ACC.

ACC Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACC	71 Outperform	₹319.90B	9.59	―	0.43%	15.13%	63.32%
RATNAMANI	70 Neutral	₹157.38B	25.95	―	0.60%	9.51%	14.31%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JKLAKSHMI	61 Neutral	₹91.75B	18.51	―	0.82%	6.13%	31.60%
BIRLACORPN	58 Neutral	₹81.34B	16.34	―	0.92%	6.82%	60.64%
DALBHARAT	56 Neutral	₹384.23B	34.15	―	0.44%	-1.98%	47.05%
NUVOCO	55 Neutral	₹124.06B	45.32	―	―	5.09%	458.10%

ACC Limited Corporate Events

ACC Limited Appoints New Independent Director to Board

ACC Limited has announced a change in its board of directors with the appointment of Ms. Shruti Shah as an Additional Director, serving as a Non-Executive and Independent Director for a term of three years starting December 1, 2025. Ms. Shah, a Chartered Accountant with over 15 years of experience in tax advisory and estate planning, brings a wealth of expertise to the board, potentially strengthening ACC Limited’s governance and strategic direction.

ACC Limited Announces Change in Chief Financial Officer

ACC Limited has announced a significant change in its management, specifically in the position of Chief Financial Officer (CFO). Mr. Rakesh Tiwary will step down from his role as CFO to transition into a new position, effective from the end of business hours on November 21, 2025. Mr. Rohit Soni, previously the CFO of Adani New Industries Limited, will take over as the new CFO starting November 22, 2025. This transition is part of the company’s strategic management restructuring and aims to strengthen its financial leadership under the Adani Group’s broader corporate strategy.

Adani Cement and Coolbrook Pioneer Cement Decarbonization with Innovative Technology

Adani Cement, in collaboration with Coolbrook, is set to deploy the world’s first commercial RotoDynamic Heater™ (RDH™) at its Boyareddypalli plant in Andhra Pradesh, India, marking a significant step in cement decarbonization. This initiative is expected to reduce carbon emissions by approximately 60,000 tonnes annually, with the potential for a tenfold increase, aligning with Adani Cement’s goal to become a leader in clean manufacturing and significantly contribute to global emission reduction targets.

ACC Limited Reports Strong Financial Performance for Q3 2025

ACC Limited announced its unaudited financial results for the quarter and half year ending September 30, 2025, showing a significant increase in profit after tax to INR 1,112.16 crore compared to INR 233.87 crore in the same period last year. This financial performance highlights the company’s robust operational efficiency and market positioning, indicating positive implications for stakeholders and reinforcing its competitive stance in the cement industry.

ACC Limited Schedules Analyst Call for Financial Results Discussion

ACC Limited announced a scheduled conference call with analysts and institutional investors to discuss its unaudited financial results for the quarter and half-year ending September 30, 2025. This meeting, set for November 3, 2025, is part of the company’s efforts to maintain transparency and engage with stakeholders, potentially impacting investor confidence and market positioning.

ACC Limited Confirms Compliance with SEBI Regulations for Q3 2025

ACC Limited has submitted confirmation certificates from its Registrar and Share Transfer Agent, KFin Technologies Limited, to the National Stock Exchange of India and BSE Limited. These certificates, required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, pertain to the dematerialization and rematerialization of securities for the quarter ending September 30, 2025. This compliance ensures transparency and adherence to regulatory standards, reinforcing ACC Limited’s commitment to maintaining robust operational practices and stakeholder trust.

ACC Limited Faces Income Tax Penalties for Past Assessment Years

ACC Limited has announced that it received two penalty orders from the Income Tax Department for the assessment years 2015-16 and 2018-19, due to alleged inaccuracies and under-reporting in income declarations. The company plans to contest these penalties, which amount to significant financial implications, by filing appeals and seeking a stay on the demands. This development could impact ACC Limited’s financial standing and stakeholder confidence as it navigates the legal proceedings.