ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 40409.94 Crore) operating in Cement sector.
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 3930.49 Crore, down -9.35 % from last quarter Total Income of Rs 4335.94 Crore and up 48.12 % from last year same quarter Total Income of Rs 2653.52 Crore. Company reported net profit after tax of Rs 566.18 Crore in latest quarter.
The brokerage revised Sep’22E TP (roll-over from Jun’22) of Rs 2,580 is backed by DCF analysis (11.25% WACC, 7.0% FCFF growth post FY26), and is 27% higher than Rs2,040 previously. Its TP implies 1-year forward EV/E of 11x vs 10.1x currently.
Promoters held 54.5 per cent stake in the company as of June 30, 2021, while FIIs held 13.7 per cent, DIIs 19.3 per cent and public & others 12.5 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.Most Related Links :
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