- Revenue up 28% YoY to ₹5,932 crore; EBITDA nearly doubles at ₹846 crore with margin expansion to 14.3%
- Delivers record Q2 sales volume at 10.0 million tonnes; strong growth driven by premium products and cost efficiency
- Launches AI-driven CiNOC, expansion projects on track to add 3.4 MTPA capacity in Q3 FY’26
NE BUSINESS BUREAU
AHMEDABAD, OCT 31
ACC Limited, part of the diversified Adani Portfolio and among India’s fastest-growing building materials and solutions companies, has reported a remarkable Q2 FY’26 performance, posting strong growth in volumes, revenues, and profitability. The company’s Profit After Tax (PAT) for the quarter surged 460% YoY to ₹1,119 crore, marking one of the strongest quarterly performances in its history.
The company achieved its highest-ever Q2 sales volume at 10.0 million tonnes, up 16% YoY, and delivered a revenue of ₹5,932 crore, up 28% YoY, while maintaining a debt-free balance sheet with a Crisil AAA (Stable)/A1+ rating.
“This quarter has been instrumental for the cement sector,” said Vinod Bahety, Whole-Time Director & CEO, ACC Limited. “Despite challenges from prolonged monsoons, the sector stands to benefit from several favourable developments including GST 2.0 reforms, the Carbon Credit Trading Scheme (CCTS), and withdrawal of coal cess. These reforms will support steady demand momentum going forward.”
Mr. Bahety added, “Salai Banwa and Kalamboli expansion projects will add 3.4 MTPA during this year. Plant and logistics debottlenecking initiatives will unlock further capacity and improve utilisation levels. As part of the larger Adani Cement family under Ambuja Cements, ACC is benefitting from the Group’s integrated ecosystem spanning logistics, renewable energy, and innovation.”
Robust Financial Performance
- Revenue: ₹5,932 crore, up 28% YoY — highest ever in a Q2 series.
- EBITDA: ₹846 crore, up 94% YoY; EBITDA margin: 14.3% (+4.8 pp YoY).
- EPS: ₹59.4 per share, up ₹48.8 YoY.
- Net worth: ₹19,937 crore, up ₹1,151 crore in the quarter.
- Remain debt-free with top-tier credit ratings.
ACC also reported a sharp improvement in cost efficiencies — power cost down 9%, logistics cost down 4%, and green power usage up 16 percentage points to 30.3%.
Operational Highlights
- Capacity expansion: Cement grinding units at Salai Banwa (2.4 MTPA) and Kalamboli (1.0 MTPA) to be commissioned in Q3 FY’26.
- Debottlenecking: Expected to add 5.6 MTPA by FY’28 at a low capex of USD 48/MT.
- Logistics optimisation: To improve existing utilisation by 3%.
- Synergies: With Ambuja and Adani associates (Penna, Sanghi, Orient) delivering tangible operational benefits.
Digital Transformation: CiNOC — Cement Intelligent Network Operations Centre
ACC has launched CiNOC, an AI-driven enterprise operations layer that integrates agentic AI teammates across sales, production, and logistics.
The company said CiNOC will “transform every plant, process, and person into a self-learning, high-velocity operating network — fusing human judgment with machine precision.”
Strategic Partnerships and Ecosystem Initiatives
- MoU with CONCOR for rail-based movement of tank containers — to reduce logistics costs and emissions.
- Collaborations with CREDAI and over 400 academic institutions under the Adani Cement FutureX program.
- Seven new sea vessels (65,800 DWT) ordered to raise sea logistics share to 5%.
- Vendor engagement programmes like SamvAAAd, NirmAAAnotsav, and Dhanvarsha deepened ecosystem ties.
Brand, ESG and Market Leadership
- Premium products now form 47% of trade sales, with volumes up 20% YoY.
- ACC Gold promoted via high-impact campaigns, cinema ads, and sports collaborations (e.g., Gujarat Giants in Pro Kabaddi).
- Engaged over 300 million consumers nationwide through multi-platform initiatives.
- Planted 7.06 million trees till H1 FY’26 — on track toward 8.3 million by 2030.
- Maintained Zero Liquid Discharge across all manufacturing sites and continued leadership in CII Energy and ICC Safety awards.
Industry Outlook
The cement industry witnessed moderate demand growth of 5.2% YoY in Q2 FY’26. With GST on cement reduced from 28% to 18%, improving economic sentiment, and strong public-private investments, ACC expects annual demand growth of 7–8%, led by cost improvement, premiumisation, and digitalisation.
Part of Iconic Infrastructure Projects
ACC remains a key contributor to several national infrastructure landmarks, including:
- Navi Mumbai International Airport
- Chenab River Arch Bridge (world’s highest single-arch railway bridge)
- World’s tallest Maa Umiya Temple, Ahmedabad — record 24,100 cubic metres concrete poured in 54 hours.
