Conference Call with ACC Ltd. Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Cement & Cement Products company ACC announced Q1FY27 results Consolidated Financial Highlights: Total Revenue from Operations for Q1FY27 was reported at Rs 5,790 crore, reflecting a decrease of 19.43% QoQ from Rs 7,124 crore in Q4FY26 and a decline of 8.55% YoY from Rs 6,277 crore in Q1FY26. Total Income for the quarter stood at Rs 5,861 crore, representing an 18.57% decrease compared to Rs 7,198 crore in Q4FY26 and an 8.36% decrease from Rs 6,396 crore in Q1FY26. Net Profit (Profit after tax) for Q1FY27 was Rs 147 crore, a decline of 38.24% QoQ from Rs 238 crore in Q4FY26 and a 60.80% YoY decrease from Rs 375 crore in Q1FY26. Profit Before Tax (PBT) was recorded at Rs 200 crore for Q1FY27, down 45.95% from Rs 370 crore in Q4FY26 and down 64.48% from Rs 563 crore in Q1FY26. Other Income for Q1FY27 was Rs 53 crore, compared to Rs 52 crore in Q4FY26 and Rs 68 crore in Q1FY26. Earnings Per Share (Basic) for Q1FY27 stood at Rs 7.83, compared to Rs 12.69 in Q4FY26 and Rs 19.99 in Q1FY26. Standalone Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 5,748 crore, marking an 18.51% QoQ decline from Rs 7,054 crore in Q4FY26 and an 8.12% YoY decline from Rs 6,256 crore in Q1FY26. Total Income for the quarter was reported at Rs 5,825 crore, showing a decrease of 18.30% QoQ from Rs 7,130 crore in Q4FY26 and a decline of 8.64% YoY from Rs 6,376 crore in Q1FY26. Net Profit (Profit after tax) for Q1FY27 was Rs 148 crore, reflecting a 40.32% QoQ drop from Rs 248 crore in Q4FY26 and a 61.56% YoY drop from Rs 385 crore in Q1FY26. Other Income for Q1FY27 was Rs 59 crore, compared to Rs 54 crore in Q4FY26 and Rs 69 crore in Q1FY26. Basic Earnings Per Share for the standalone entity in Q1FY27 was Rs 7.88, compared to Rs 13.24 in Q4FY26 and Rs 20.48 in Q1FY26. Business Highlights: Segment Performance: Cement and Ancillary Services: The segment generated revenue of Rs 5,376 crore in Q1FY27, compared to Rs 6,657 crore in Q4FY26 and Rs 5,956 crore in Q1FY26. Segment results (EBIT) for the quarter were Rs 193 crore. Ready Mix Concrete: This segment reported revenue of Rs 501 crore in Q1FY27, showing growth from Rs 416 crore in Q1FY26 but a decline from Rs 573 crore in Q4FY26. Segment results (EBIT) stood at Rs 7 crore for the quarter. Strategic Acquisition: The company has approved the acquisition of a 26% equity stake in Amplus Andhra Power Private Limited for a cash consideration of approximately Rs 53.1 million. The acquisition is intended to enable the company to offtake electricity as a captive user under the Electricity Act. Merger Update: The Board has approved a Scheme of Amalgamation of the company with Ambuja Cements Limited. Upon implementation, the swap ratio will be 328 equity shares of Ambuja Cements Limited (face value Rs 2) for every 100 equity shares of ACC Limited (face value Rs 10). The company has received no-objection certificates from BSE and NSE. Inter-Corporate Deposits: During Q1FY27, the company provided a loan of Rs 3,900 crore as Inter-Corporate Deposits (ICDs) to its holding company, Ambuja Cements Limited, carrying an interest rate of 8% per annum. Exceptional Item: The company recognized an exceptional expense of Rs 24 crore in Q1FY27 pertaining to termination benefits under the Voluntary Severance Scheme (VSS) for third-party workforce at one of its production facilities. Facility Suspension: The management approved a temporary suspension of manufacturing operations at certain facilities following a strategic review. The decision is aimed at improving operational efficiency and optimizing capital allocation. Result PDF