India’s prime cement manufacturing company ACC Ltd. is nowadays belonging to the list of leading cement manufacturers of the nation. The Core Businesses of the company is solely focused on the manufacture of premium quality cement.
The company, since the last eight decades of its long history, has been serving the nation’s cement and concrete industry at the best level, being incepted in the year of 1936. The ACC Ltd. has a glorious history of participating in the construction of Vakra Nangal Dam in 1960 to the Mumbai-Pune Expressway in 2000.
The firm is right now possessing a countrywide business with an overwhelming success and reign over the construction industry with 17 modern cement factories, 75 ready mixed concrete plans, and a strong workforce of 6731 people. ACC’s productions with prime quality, its pursuance of business practices with high ethics, its motivation of sustainable development and the exhibition of high profile social responsibilities have established a pervasive acceptance of the company in the business world.
About Company Information:
From the early days of its foundation, the ACC Ltd. has been exhibiting a fabulous performance, sustaining till the date. It is to be mentioned that the ACC Ltd, is the country’s first corporate group that was founded when ten existing cement companies came under a single roof, witnessing an epoch-making merger in the history of Indian businesses.
After the complete formation in October of 1937, the company took its first project in the year of 1939 to develop a head office. The building, known as Cement House was requested by the Royal Air Force during the war period of WW2 and was vacated after the end of the war in 1946. In the year of 1947, the company established a plant in Chaibasa at Bihar, which is the country’s first indigenous cement plant.
ACC launched its first bulk cement depot in Okhla, near to Delhi in 1956. The company started to flourish rapidly from the ‘60s. Venturing jointly with TISCO, the ACC produced Portland Slag Cement for the first time in the country. The company manufactured the hydrophobic and Accocid cement in the same year.
ACC for the first time introduced the energy-efficient precalcinator technology in the country in the late‘70s. In 1979 the company showed its mind-blowing international venture by winning the contract for the management and operation of one million ton cement plant in Saudi Arabia.
Along with focusing upon the cement manufacturing, the ACC has its subsidiary businesses of supplying mineral resources of gypsum and coal. Lucky Minmat Limited, National Limestone Company Private Limited, Singhania Minerals Private Limited etc. are the subsidiary businesses for supplying limestone.
ACC Ltd. is witnessing a peak of success in recent days. The Operating Performance of the company is telling that the net sells been monotonically increased from Rs. 11481 Crore in 2014 to Rs. 14,477 Crore in 2018. The Operating EBITDA has been increased from Rs. 1507 Crore in 2014 to Rs. 2045 Crore in 2018. The sales volumes of cement were 24.21 Million Tons at 2014 while it reached a peak of 28.37 Million Tons in 2018.
A tremendous sharp and active acclivity has been observed in case of Ready Mix Concrete. The Operational EBITDA in this segment has shifted from Rs. 34.12 Crore in 2014 to Rs. 133.83 Crore in 2018, with 54.23 Crore, 74.78 Crore and 114.98 Crore in the years of ’15, ’16 and ’17 respectively.
The ACC is enjoying a book value of Rs. 561 per share in 2018. The market capitalization at the year-end has been showing an almost growing tendency with Rs. 28, 320 Crore in 2018. The company has a profit before tax of Rs. 1494 Crore in 2018, which is around 10% of its Net Revenue from Operations.
ACC Ltd. is undoubtedly reigning among the nation’s cement industry and has acquired a global position amidst the international construction market.
The ACC Equity Shares/stocks are listed on the National Stock Exchange of India Limited (the "NSE") and BSE Limited (the "BSE", together with the NSE, the "Stock Exchanges").
The Key Dates to be noted for ACC Ltd is:
March - The Year Ending Month
March - The AGM Date (Month)
As of June 2019 - ACC Ltd, Management Team:
Jan Jenisch Deputy Chairman
Sushil Kumar Roongta Director
Farrokh K Kavarana Director
Arunkumar R Gandhi Director
Neeraj Akhoury Managing Director & CEO
Shailesh Haribhakti Director
Vijay Kumar Sharma Director
How ACC Ltd, is categorised as Cement Sector, and Cement Industry :
The Cement Industry is a section that includes companies that deal with housing and infrastructure field by supplying the materials required. ACC Ltd is categorized under Cement Industry and Cement Sector stocks. The Indian cement industry is the second-largest market after China. As of November 2018, it had a total cement production volume of about 455 million tonnes (MT).
As the housing and real estate sector is creating the most significant demand for Cement, 65% of the total consumption is occurring in India. The other significant consumers of Cement include public infrastructure at 20% and industrial development at 15%. With a high correlation with GDP, Cement is a cyclical commodity.
The demand for Cement is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025. The cement industry is currently producing 280 MT for meetings it is domestic demand and 5 MT for exports requirement.
Cement is a freight intensive industry and transporting it over long distances can prove to be uneconomical, especially it's a bulk commodity. Due to this reason, the Cement industry is divided into five central regions viz. north, south, west, east and the central area. Among these, the Southern part of India has the highest installed capacity, which is accounting for about one-third of the country's total installed cement capacity.
ACC Ltd, Competitors and Sector Peers:
Ambuja Cements Ltd. AMBCEL
Andhra Cements Ltd. ANDCEM
Anjani Portland Cement Ltd. ANJPOR
Barak Valley Cements Ltd. BARVAL
Bheema Cements Ltd. CKOCEM
Birla Corporation Ltd. BIRCOR
Burnpur Cement Ltd. BURCEM
Century Textiles & Industries Ltd. CENTEX
Chettinad Cement Corporation Ltd. CHETCE
Deccan Cements Ltd. DECCEM
Gujarat Sidhee Cement Ltd. GUJSID
Heidelberg Cement India Ltd. MYSCEM
India Cements Ltd. INDIAC
JK Lakshmi Cement Ltd. JKLAKC
Kakatiya Cement Sugar & Industries Ltd. KAKCEM
Kalyanpur Cement Ltd. KALYCE
Keerthi Industries Ltd. KEEIND
Lakshmi Cement & Ceramics Industries Ltd. LAKCEM
Mahendra Cements Ltd. MAHCEM
Mangalam Cement Ltd. MANCEM
Murli Industries Ltd. MURLIN
NCL Industries Ltd. NCLIND
Orient Cement Ltd. ORICEM
Panchmahal Cement Ltd. PANCEM
Panyam Cements & Mineral Industries Ltd. PANYCE
Prism Johnson Ltd. PRICEM
Rain Industries Ltd. RAINCO
Sagar Cements Ltd. SAGCEM
Samruddhi Cement Ltd.[Merged] SAMCEM
Saurashtra Cements Ltd. SAUCEM
Shree Cements Ltd. SHRECE
Shree Digvijay Cement Company Ltd. SHRDIG
Shri Keshav Cements & Infra Ltd. KATUDY
Sri Chakra Cement Ltd. SRICHA
The Ramco Cements Ltd. MADCEM
Trinetra Cement Ltd. INDZIN
Udaipur Cement Works Ltd. JKUDAU
UltraTech Cement Ltd. ULTCEM
UltraTech Nathdwara Cement Ltd. BINCEM
Vinay Cements Ltd. VINCEM
ACC Ltd, Contact Information:
Cement House, 121, Maharshi Karve Road,,