Analyst at Choice Broking cautions against bottom-fishing, and instead recommend a wait & watch approach for a potential trend reversal.
In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.
ACC's second-quarter profit rose 460% year-on-year to Rs 1,119 crore on tax reversal gains and higher premium sales, as the cement major reported its best-ever Q2 revenue
Cement maker ACC Ltd on Friday reported more than five-fold rise in consolidated profit after tax (PAT) to Rs 1,119.26 crore in the September quarter on the back of strong sales. The company had posted a consolidated net profit of Rs 199.7 crore in the same period last fiscal year, ACC Ltd said in a regulatory filing. Consolidated revenue from operations in the September quarter stood at Rs 5,896.16 crore as against Rs 4,542.23 crore in the corresponding period last fiscal year, it added. Total expenses in the quarter under review stood at Rs 5,393.42 crore as against Rs 4,473.67 crore in the same period a year ago, the company said. In the second quarter, cement and ancillary services clocked revenue of Rs 5,519.18 crore, up from Rs 4,373.41 crore in the year-ago period, the filing said. Ready mix concrete segment posted revenue of Rs 453.62 crore as against Rs 289.1 crore in the same period last fiscal year, the company said.
The Income Tax (I-T) department has imposed two separate fines on ACC Ltd, totalling Rs 23.07 crore, which will be contested by the Adani Group firm before the appellate authorities. The I-T department has slapped a penalty of Rs 14.22 crore allegedly "for furnishing of inaccurate particulars of income" for Assessment Year 2015-16. The department has also levied a penalty amounting to Rs 8.85 crore "for under-reporting of income" for Assessment Year 2018-19. "The company will be contesting both orders by filing appeals before the Commissioner of Income Tax (Appeals) within the prescribed timelines and, in parallel, will seek a stay on the penalty demands raised under the respective orders," ACC said in regulator filings on Thursday. The company received these two demands on October 1, 2025, and said that these penalties will have no impact on financial activity. ACC is a subsidiary of Ambuja Cement, the Adani Cement entity, which owns over 50 per cent of the company. Both the I-T
Elara Capital cautions that the near-term pricing environment remains weak, with operating leverage and higher costs likely to weigh on profitability in Q2FY26 and potentially spill over into Q3FY26.
GST Council has approved a reduction in rates on cement from 28 per cent to 18 per cent, effective September 22, 2025
JM Financial Institutional Securities has picked UltraTech Cement and JK Cement as its top picks in the cement sector; here's why
Cement shares rally on Monday: Analysts view the potential GST rate cut as a sentimental booster for the sector given it may help perk up industry margins.
ACC reports a 4% growth in Q1 FY26 profit despite a dip in operating margins, as cement sales volumes rise and revenue grows 17.3% YoY
Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operati
India Cements, Dalmia Bharat, Sagar Cements, Birla Corporation, and The Ramco Cements shares were trading higher in the range of 2 per cent to 4 per cent
In FY 2025-26, cement demand growth is expected to rebound by 6-7 per cent owing to traction from the infrastructure and rural housing segments
Analysts at Elara Capital expect demand growth for the cement sector to rebound in FY26, driven by improved execution of government initiatives, such as the PMAY-G, and increased irrigation spending.