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ACC Ltd.
24 Jul 2025
1831.70
-0.05%
Prabhudas Lilladhar
ACC reported weak operating performance in Q1FY26 despite strong volume growth and higher realizations. Volumes grew 12.7% YoY on higher trade volume aided by MSA and strong growth in premium products. Average cement NSR grew 4% QoQ led by price recovery in Southern and Eastern markets since Mar'25. EBITDA/t grew just 2% YoY affected by higher RM costs (purchase of finished goods up 79% YoY). Improved fuel mix, lower fuel prices, greater adoption of green energy (26%), and increased volumes led to a 24% YoY reduction in power and fuel costs; while shorter lead distances and a rise in...
Prabhudas Lilladhar decreased Buy price target of ACC Ltd. to 2374.0 on 02 Nov, 2025.
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