ACC

Large Cap 28k Result

₹2,179.2

41.4 (1.94%)

Advice
Buy

As on 11 December, 2023 | 17:36 BSE: 500410 NSE: ACCISIN: INE012A01025

Acc Performance

Day Range

Low 2,111.00
High 2,185.00

₹ 2,179.2

52 Week Range

Low 1,592.35
High 2,675.00

₹ 2,179.2

Open Price2,132.45
Previous Close2,137.80
Volume771231

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Acc Share Price

Over 1 Month 17.53%
Over 3 Month 7.65%
Over 6 Month 18.85%
Over 1 Year -16.86%

Acc Key Statistics

P/E Ratio	34
PEG Ratio	0.7
Market Cap Cr	40,923
Price to Book Ratio	2.9
EPS	48.9
Dividend	0.4
Relative Strength Index	73.37
Money Flow Index	69.36
MACD Signal	19.08
Average True Range	53.92

Acc F&O

Acc Futures

Acc Option Chain

Acc Investment Rating

Master Rating:
Acc has an operating revenue of Rs. 18,963.72 Cr. on a trailing 12-month basis. Pre-tax margin of 5% is okay, ROE of 6% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 14% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 31 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 120 indicates it belongs to a poor industry group of Bldg-Cement/Concrt/Ag and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

ACC Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	4,435	5,201	4,791	4,537	3,910	4,393	4,322
Operating Expenses Qtr Cr	3,886	4,432	4,324	4,159	3,972	4,043	3,793
Operating Profit Qtr Cr	548	769	466	378	15	425	634
Depreciation Qtr Cr	212	199	174	172	173	164	153
Interest Qtr Cr	29	25	15	19	18	15	11
Tax Qtr Cr	131	159	91	39	-31	77	136
Net Profit Qtr Cr	384	464	237	110	-91	222	392

Indicator	Mar 2023
Total Revenue Annual Cr	22,547
Operating Expenses Annual Cr	20,291
Operating Profit Annual in Cr	1,919
Depreciation Cr	835
Interest Annual Cr	77
Tax Annual Cr	312
Net Profit Annual Cr	870

Indicator	Mar 2023
Cash from Operating Activity Annual Cr	-1,239
Cash from Investing Activity Annual Cr	-4,642
Cash from Financing Annual Activity Cr	-1,238
Net Cash Flow Annual Cr	-7,118

Indicator	Mar 2023
Total ShareHolders Funds Annual Cr	14,043
Fixed Assets Annual Cr	9,169
Total Non Current Assets Annual Cr	12,282
Total Current Assets Annual Cr	8,127
Total Assets Annual Cr	20,409

Indicator	Mar 2023
Book Value Per Share Annual Rs	747
ROE Annual %	6
ROCE Annual %	10
Total Debt to Total Equity Annual	-
EBDIT Annual Margin %	10

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	4,435	5,201	4,791	4,537	3,910	4,393	4,322
Operating Expenses Qtr Cr	3,885	4,430	4,322	4,158	3,971	4,042	3,792
Operating Profit Qtr Cr	549	771	469	379	16	426	635
Depreciation Qtr Cr	213	200	177	173	173	165	154
Interest Qtr Cr	29	25	15	19	18	15	11
Tax Qtr Cr	132	159	96	39	-31	78	136
Net Profit Qtr Cr	388	466	236	113	-87	227	396

Indicator	Mar 2023
Total Revenue Annual Cr	22,552
Operating Expenses Annual Cr	20,285
Operating Profit Annual in Cr	1,925
Depreciation Cr	841
Interest Annual Cr	77
Tax Annual Cr	317
Net Profit Annual Cr	885

Indicator	Mar 2023
Cash from Operating Activity Annual Cr	-1,235
Cash from Investing Activity Annual Cr	-4,637
Cash from Financing Annual Activity Cr	-1,238
Net Cash Flow Annual Cr	-7,110

Indicator	Mar 2023
Total ShareHolders Funds Annual Cr	14,138
Fixed Assets Annual Cr	9,192
Total Non Current Assets Annual Cr	12,289
Total Current Assets Annual Cr	8,255
Total Assets Annual Cr	20,544

Indicator	Mar 2023
Book Value Per Share Annual Rs	752
ROE Annual %	6
ROCE Annual %	10
Total Debt to Total Equity Annual	-
EBDIT Annual Margin %	10

Invest in Acc

Acc Technicals

EMA & SMA

Current Price

₹2,179.2

41.4 (1.94%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹1,966.85

50 Day
₹1,939.24

100 Day
₹1,933.73

200 Day
₹1,957.14

20 Day
₹1,914.04

50 Day
₹1,935.98

100 Day
₹1,951.94

200 Day
₹1,865.04

Acc Resistance and Support

PIVOT

₹2,132.09

Resistance
First Resistance	2,163.87
Second Resistance	2,189.93
Third Resistance	2,221.72

RSI	73.37
MFI	69.36
MACD Single Line	19.08
MACD	58.53

Support
First Resistance	2,106.02
Second Resistance	2,074.23
Third Resistance	2,048.17

Acc Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	556,260	20,920,939	37.61
Week	1,784,341	51,763,738	29.01
1 Month	780,537	30,995,139	39.71
6 Month	625,675	28,512,020	45.57

Acc Result Highlights

ACC Synopsis

NSE-Bldg-Cement/Concrt/Ag

Acc is involved in the business activities of Manufacture of clinkers and cement. Company’s Total Operating Revenue is Rs. 22209.97 Cr. and Equity Capital is Rs. 187.99 Cr. for the Year ended 31/03/2023. ACC Ltd. is a Public Limited Listed company incorporated on 01/08/1936 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L26940MH1936PLC002515 and registration number is 002515.

Market Cap	40,834
Sales	18,964
Shares in Float	8.07
No of funds	298
Yield	0.43

Book Value	2.86
U/D Vol ratio	1.3
LTDebt / Equity
Alpha	-0.15
Beta	1.76

ACC

Owner Name	Sep-23	Jun-23	Mar-23	Dec-22
Promoters	56.69%	56.69%	56.69%	56.69%
Mutual Funds	12.52%	9.21%	8.9%	8.22%
Insurance Companies	9.26%	8.79%	8.69%	8.43%
Foreign Portfolio Investors	7.1%	9.98%	10.05%	11.95%
Financial Institutions/ Banks		0.1%		0.09%
Individual Investors	9.85%	10.34%	10%	9.16%
Others	4.58%	4.89%	5.67%	5.46%

ACC Management

Name	Designation
Mr. Karan Adani	Chairman(NonExe.&Ind.Director)
Mr. Ajay Kapur	WholeTime Director & CEO
Mr. Vinay Prakash	Non Exe.Non Ind.Director
Mr. Sandeep Singhi	Non Exe.Non Ind.Director
Mr. Arun Kumar Anand	Non Exe.Non Ind.Director
Mr. Nitin Shukla	Ind. Non-Executive Director
Mr. Rajeev Agarwal	Ind. Non-Executive Director
Ms. Ameera Shah	Ind. Non-Executive Director

Acc Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2023-10-26	Quarterly Results
2023-07-27	Quarterly Results
2023-04-27	Audited Results
2023-01-31	Quarterly Results
2022-10-17	Quarterly Results

Date	Purpose	Remarks
2023-07-07	FINAL	Rs.9.25 per share(92.5%)Dividend
2022-04-05	FINAL	Rs.58.00 per share(580%)Final Dividend
2021-03-31	FINAL	Rs.14.00 per share(140%)Final Dividend

ACC MF Shareholding

Name	Amount(cr)
HDFC Balanced Advantage Fund Growth	63,981
ICICI Prudential Balanced Advantage Fund Growth	49,871
ICICI Prudential Value Discovery Fund Growth	32,494
Kotak Equity Arbitrage Fund Growth	28,958
Mirae Asset Emerging Bluechip Fund Growth	28,104

About Acc

ACC Ltd is a leading cement company in India headquartered in Mumbai. Adani group is the parent company of both ACC Ltd and Ambuja Cements. The company is in the business of Cement and Ready mix concrete.ACC Ltd was known as Associated Cement Company Ltd, its name was changed to ACC Ltd in September 2006.

ACC has developed its product with innovative research and technology. ACC Ltd was established in 1936, and now it has its operations pan-India.

ACC Limited has specialities in Cement and Concrete Technology, Waste Management services and is also an Industry leader in Sustainable Development & CSR.

(1944 - 1980)
Established India's first indigenous cement plant at Chaibasa (Bihar) in 1947.
Established bulk cement depot at Okhla Delhi in 1956.
In 1973, ACC acquired “The Cement Marketing Company of India (CMI)”

(1980- 2000)
In 1982, ACC established a joint venture with the Government of India.
In the same year, they commissioned their 1 MTPA plant in Wadi Karnataka.
At the Jamul and Kymore plants in Madhya Pradesh, they started commissioning captive power plants in the year 1999.
TATA Group sold their stake of 7.2% in ACC LTD to Ambuja Cement Holdings Ltd, a subsidiary of Gujarat Ambuja Cements Ltd. (GACL)

(2001-2010)
In 2005, ACC limited with its subsidiaries Ambuja Cement became a part of Holcim group which is situated in Switzerland.
In the same year, ACC modernizes and expands the old project of Chaibasa into a new project with a captive power plant of 15 MW.
ACC Ltd sold their entire shareholding in ACC Nihon Castings Ltd which is their wholly-owned subsidiary at a consideration of Rs 30 crores.
They also acquired 12.41% from IDBI Bank Ltd to Bulk Cement Corporation.
ACC inaugurated a capacity of 1.60 million tonnes new grinding plant in Karnataka.
In June 2010, ACC limited was conferred with an award for the Financial Express-EVI Green Business leadership.

(2011-2021)
ACC Ltd installed world’s largest kiln with a capacity of 12500 tonnes per day at Wadi Karnataka.
The Secretarial department 2011 received an ISO certification.
ACC launched M-100 grade concrete for manufacturing high-intensity towers.
In 2013 it became the first company to use Radio Frequency Identification Device and Global Positioning System.

ACC FAQs

What is Share Price of ACC ?

ACC share price is ₹2,179 As on 11 December, 2023 | 17:22

What is the Market Cap of ACC ?

The Market Cap of ACC is ₹40922.6 Cr As on 11 December, 2023 | 17:22

What is the P/E ratio of ACC ?

The P/E ratio of ACC is 34 As on 11 December, 2023 | 17:22

What is the PB ratio of ACC ?

The PB ratio of ACC is 2.9 As on 11 December, 2023 | 17:22

Is it good time to buy ACC share?

As per the analysts, the recommendation for ACC is BUY. ACC has an operating revenue of Rs. 16,070.63 Cr. on a trailing 12-month basis. Annual revenue de-growth of -12% needs improvement, Pre-tax margin of 12% is healthy.

Is ACC debt free?

ACC is almost debt-free. ACC has a reasonable debt to equity of 1%, which signals a healthy balance sheet.

What is ROE of ACC?

ACC has an ROE of 11% which is good.

What is the stock price CAGR of ACC?

ACC has delivered good profit growth of 18.41% CAGR over last 5 years. The stock price CAGR of the company for 10 Years is 7%, 5 Years is 11%, 3 Years is 17% and 1 Year is 29%.

Who are the peers of ACC Ltd?

Mentioned below are the 3 competitors :

Andhra Cement
Shree Cement
Ultratech Cement

How to invest in the shares of ACC Ltd?

To invest in any stocks in the markets you need a Demat account. You can get your KYC documents verified and then open a Demat account with 5Paisa.

Acc Performance

Day Range

Low 2,111.00
High 2,185.00

₹ 2,179.2

52 Week Range

Low 1,592.35
High 2,675.00

₹ 2,179.2

Open Price2,132.45
Previous Close2,137.80
Volume771231

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Acc Key Statistics

P/E Ratio	34
PEG Ratio	0.7
Market Cap Cr	40,923
Price to Book Ratio	2.9
EPS	48.9
Dividend	0.4
Relative Strength Index	73.37
Money Flow Index	69.36
MACD Signal	19.08
Average True Range	53.92