ACC (ACC) Q4 25/26 earnings summary

Executive summary

• Achieved record annual sales volume of 73.7 million tons in FY 2026, up 16% year-over-year, outpacing industry growth despite integration challenges and industry headwinds.

• Completed major mergers with Sanghi Industries and Penna Cement; integration of ACC and Orient Cement ongoing, creating a unified platform.

• Maintained a debt-free position with highest credit ratings and net worth at ₹71,846 Cr.

• Audited standalone and consolidated financial results for FY 2025-26 were approved with an unmodified audit opinion.

• Board recommended a dividend of ₹7.50 per equity share for FY 2025-26, subject to shareholder approval.

Financial highlights

• Normalized EBITDA reached INR 6,539 crore, up 31% year-over-year; EBITDA per ton at INR 887, up 12%.

• PAT stood at INR 2,647 crore, up 17% year-over-year; reported net profit increased 6% to ₹5,637 Cr.

• Standalone revenue from operations for FY 2025-26 was ₹25,566.33 crore, up from ₹20,867.36 crore year-over-year.

• Company remains debt-free with strong cash and cash equivalents at year-end.

• CapEx for FY 2026 was approximately INR 7,500 crore; FY 2027 guidance is INR 6,000–6,500 crore.

Outlook and guidance

• FY 2027 volume guidance is 80 million tons, targeting 8% growth, outpacing expected industry growth of 5–5.5%.

• Capacity expected to reach 119 million tons by end of FY 2027, with further expansion calibrated to market conditions.

• Cost reduction target of INR 250 per ton for FY 2027, with further INR 250 reduction planned for the following year.

• Company continues to monitor regulatory changes and legal matters, recognizing impacts as developments occur.

• Premium cement sales to remain at 36% of trade sales.