ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Investor Presentation
Operational and financial highlights for Q3 FY24.31-01-2024
31-01-2024
Buy ACC; target of Rs 2900: Emkay Global Financial
Emkay Global Financial is bullish on ACC has recommended buy rating on the stock with a target price of Rs 2900 in its research report dated January 27, 2024.31-01-2024
ACC LTD. - 500410 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
INTIMATION OF ISSUE OF DUPLICATE SHARES30-01-2024
ACC Q3 Results Review - Beat On All Fronts; Retain Buy: Axis Securities
Attractive Stock Valuation and Comparative Position29-01-2024
Amber Industries, Rites, and ACC: Three stocks that outperformed in the week ended January 25
While many stocks moved up without being backed by any significant news flows or fundamentals, Amber Enterprises, Rites, and ACC were the top gainers driven by fundamental news within the BSE 500 index last week29-01-2024
ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor call scheduled on 31st January 2024 at 02:00 p.m. for the Quarterly Results 31st December 2023.27-01-2024
ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of extract of Consolidated Financial Results for the quarter and nine months ended 31st December, 2023.26-01-2024
ACC net up over 4 times to 537 crore on lower cost, better realisation
Recent capacity additions have taken the Adani Group's cement capacity to 77.4 mpta, enabling volume and revenue growth25-01-2024
Q3FY24 Quarterly Result Announced for ACC Ltd.
Cement & Cement Products company ACC announced Q3FY24 results: Key Highlights: - The company observed an 8.3% growth in revenue which now stands at Rs 4,914 crore. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in Q3 rose by 139% to Rs 905 crore. - Profit After Tax (PAT) had a significant increase of 375% to Rs 538 crore. - The Earnings Per Share (EPS) saw a substantial YoY increase of Rs 22.54 reaching Rs 28.55, marking a rise from Rs 6.01 in the previous year's December quarter. Operational Highlights: - A 16.5% growth in sales volume for clinker and cement, up at 8.9 million tonnes. - A reduction in kiln fuel costs by 28%, with the cost going down from Rs 2.59 to Rs 1.86 per '000 kcal. - Increased usage of waste heat recovery system (WHRS), which now accounts for 9.1% of the total power consumption, up by 2.7 percentage points. Working Capital and Liquidity: - The company reported Rs 4,282 crore as cash and cash equivalents, an improvement from the previous quarter's Rs 3,634 crore. - The working capital cycle stands at 28 days, which is competitive within the industry. Expansion and Sustainability: - 1 MTPA cement grinding has started at the Ametha Integrated Cement Plant. - Total WHRS capacity augmented to 46.3 MW with the newly commissioned 16.3 MW at Ametha. Outlook and Growth: - Cement demand in India is expected to grow at 7-8%, with the vision of the country's economic development progressing from a USD 3.5 trillion to a USD 7.3 trillion economy by 2030. Environmental, Social, and Governance (ESG): - ACC focuses on a low-carbon product portfolio and aims for a five-fold water-positive status by 2030. - The company has introduced eco-friendly products and is working on transitioning towards green power as a major energy source. Awards and Recognition: - ACC won multiple awards acknowledging its excellence in sustainable practices, safety, and environmental management. Ajay Kapur, Whole Time Director & CEO of ACC, stated, "ACC's financial performance has seen a complete turnaround in the last 12 months. Recent capacity additions have taken the Adani Group's cement capacity to 77.4 MPTA. This will enable volume and revenue growth on a sustainable basis." Result PDF25-01-2024
ACC LTD. - 500410 - Announcement Under Regulation 30 - Change In Senior Management Personnel
Disclosure regarding change in Senior Managerial Personnel25-01-2024