- ACC’s net income for the second quarter is 2.34 billion rupees, marking a 38% decrease compared to the same period last year when it was 3.8 billion rupees.
- The company reported revenue of 46.1 billion rupees, which is a 4.1% increase year-over-year.
- Total costs for the quarter rose by 7.5% year-over-year, reaching 44.4 billion rupees.
- Raw material costs increased significantly, by 27%, amounting to 9.12 billion rupees.
- There was a 13% decrease in power and fuel expenses, which totaled 7.72 billion rupees.
- Other income decreased by 26% to 1.54 billion rupees.
- Analyst recommendations include 24 buys, 8 holds, and 7 sells.
A look at ACC Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| 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
Based on the Smartkarma Smart Scores, ACC Ltd shows a promising long-term outlook. With a strong value score of 4, the company is considered undervalued compared to its intrinsic worth. Additionally, ACC Ltd has a decent dividend score of 3, indicating a stable dividend payment history. While its growth and momentum scores are relatively lower at 3 and 2 respectively, the company excels in resilience with a top score of 5. This suggests that ACC Ltd has a robust ability to weather economic uncertainties and market volatility.
ACC Limited, known for manufacturing a variety of cements and blended cements, also produces gypsum and refractory products like Brown Tabular Alumina. The company offers comprehensive turnkey solutions and consulting services for cement plants and refractories across India. With its favorable Smart Scores, especially in resilience, ACC Ltd appears to be well-positioned for long-term success in the industry.
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.
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