- ACC’s net income for the 4th quarter was 7.48 billion rupees, significantly surpassing both the estimated 5.12 billion rupees and the previous year’s 2.37 billion rupees.
- Total revenue recorded an increase with the final figure standing at 54 billion rupees, a 13% year-on-year increase that exceeded the estimated value of 52.2 billion rupees.
- The total costs involved in the quarter were 48.6 billion rupees, representing a 7.8% increase year on year.
- Raw material costs were 8.67 billion rupees, marking a 19% increase compared to the previous year, which was below the estimated raw material cost of 10.91 billion rupees.
- The company’s power and fuel expense was 9.72 billion rupees, a 3.2% increase over the previous year, which was also less than the estimated cost of 11.02 billion rupees.
- Other income for ACC during the 4th quarter stood at 1.22 billion rupees, a 4.3% annual growth rate.
- A dividend of 7.50 rupees per share has been declared by ACC.
- Based on the present state of the company, there are 26 buy recommendations, 7 hold recommendations, and 5 sell recommendations.
A look at ACC Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores for ACC Ltd have provided an overall positive outlook for the company. With solid scores in Growth, Dividend, and Value at 3 each, ACC Ltd is positioned well for long-term success. Additionally, scoring high in Resilience and Momentum at 4 each, the company demonstrates strong stability and momentum in the market. The combination of these scores indicates a promising future for ACC Ltd within the cement industry.
ACC Limited is a prominent player in the cement manufacturing sector. Specializing in a variety of cements and blended cements, along with additional products such as gypsum and refractory items, the company also offers comprehensive services for cement plant setup and operation in India. With a diverse product portfolio and a strong presence across the country, ACC Ltd is poised for sustained growth and profitability based on its solid Smartkarma Smart Scores across key factors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
