ACC Limited has uploaded the audio recording of its analysts and investors call, which discussed the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The recording is now available on the company's website at www.acclimited.com . This submission follows a previous letter dated July 14, 2026, and was formally communicated to the National Stock Exchange of India Limited and BSE Limited on July 28, 2026.

The web link to access the audio recording is provided on the company's investor relations page. The filing was signed by Bhavik Parikh, Company Secretary & Compliance Officer of ACC Limited, on July 28, 2026.

Filing Details

Key Takeaways

• The audio recording covers both standalone and consolidated unaudited financial results.
• The link to the recording is hosted on the official company website.
• The filing serves as a continuation of the notice issued on July 14, 2026.

ACC Limited reported a significant contraction in profitability for the first quarter of FY27, with consolidated net profit after tax (PAT) falling 61% year-on-year to ₹147 crore. The decline was primarily attributed to an 8.2% drop in revenue from operations to ₹5,808 crore, alongside increased minimum supply agreement (MSA) volumes supplied to its parent entity, Ambuja Cements. While operational resilience was evident through a rise in trade market share to 81%, margin pressure persisted due to planned maintenance at larger integrated units and elevated input costs stemming from geopolitical tensions in West Asia.

The Board of Directors approved the unaudited financial results on July 24, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company subsequently uploaded its investor presentation titled ‘Operational & Financial Highlights’ on July 28, 2026, under Regulation 30 of the same regulations. Whole-Time Director & CEO Vinod Bahety noted that profitability was impacted by the strategic shift toward higher MSA volumes with Ambuja, even as the company prioritized value-led growth.

Financial Performance Overview

ACC’s consolidated operating EBITDA stood at ₹457 crore, reflecting a margin of 7.9%, compared to ₹779 crore (12.3% margin) in Q1FY26. This represents a 41.3% year-on-year decline in operating profit. The company highlighted that despite these headwinds, ACC maintained focus on cost optimization and premiumization, with premium products accounting for 44% of trade sales, up from 41% YoY.

Operational Highlights

Cement sales volume remained stable at 10 million tonnes (MnT), slightly below the 10.7 MnT recorded in Q1FY26. However, the quality of these volumes improved, with trade volumes gaining prominence. The company reported a sequential reduction in costs, though kiln fuel costs rose to ₹1.67 per ‘000 kCal from ₹1.56 in Q1FY26. Power costs decreased to ₹5.6 per kWh from ₹6.1 per kWh. Additionally, the ready-mix concrete (RMX) business saw volume growth of 17% YoY to 0.97 million cubic meters, with EBITDA reaching ₹33 crore.

Strategic Developments and ESG Progress

The proposed amalgamation of ACC with Ambuja Cements, aimed at creating a “One Cement Platform,” advanced further with the filing of an application with the National Company Law Tribunal (NCLT) on June 29, 2026. This follows the receipt of the SEBI No-Objection Certificate on June 4, 2026. The transaction is expected to be completed during FY27, subject to regulatory approvals.

In terms of sustainability, ACC increased its green power share to 31% in Q1FY27, up from 26% YoY. The company received CII’s GreenPro certification for its blended cement portfolio and GRIHA certification for its entire B2B and B2C blended cement range.

What the Numbers Show

A key divergence in ACC’s performance is the contrast between declining top-line revenue and expanding trade market share. While total sales volume dipped slightly, the increase in trade share from 76% to 81% suggests a successful shift away from bulk institutional sales toward higher-margin retail channels. However, this positive mix shift was offset by the financial impact of higher MSA volumes with Ambuja, which typically carry lower margins than independent trade sales. This structural change, combined with rising fuel costs, compressed EBITDA margins significantly, highlighting the transitional nature of the current earnings profile as the company integrates further with the Adani Cement portfolio.