ACC Q1 CY22 Result Review - Margins Bottom-Out; Growth Visibility Intact: Centrum Broking

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Centrum Broking Report.ACC Ltd. reported in-line Ebitda of Rs 6.3 billion (Centrum Estimate: Rs 6.2 billion), up 14% quarter-on-quarter/down 26% year-on-year and blended Ebitda/t of Rs 822 (Centrum Estimate: Rs 785), up ~11% QoQ/ down 24% YoY. The sequential increase in Ebitda was due to marginal increase in cement realisation, higher sales volume and flat CoP aided by operating leverage which offset higher power & fuel and freight cost. ACC is set to improve efficiency and has approved further addition of WHRS capacity projects at Chanda and Wadi plants (29MW) taking total capacity to 75MW. The capex plan is on track which will expand overall cement capacity from 36.1 million tonnes per annum to 45- 50 million tonnes per annum in next 3-4 years..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ACC Q1 CY22 Result Review - Margins Bottom-Out; Growth Visibility Intact: Centrum Broking

ACC Q1 CY22 Result Review - Margins Bottom-Out; Growth Visibility Intact: Centrum Broking

Choose a plan