ACC reports strong Q2 FY'26, boosts FY'28 capacity target

ACC Limited delivered a robust performance in Q2 FY'26, reporting a 20% year-on-year increase in cement volume to 16.6 MnT, its highest ever for a Q2 period. EBITDA grew by 32% year-on-year to INR1,060 PMT, with PAT soaring by 364% to INR2,302 Cr. For the first half of FY'26, cement volume reached 35.0 MnT, a 20% increase, while EBITDA was INR1,064 PMT (30% YoY increase) and PAT stood at INR3,319 Cr (159% YoY increase).

The company's FY'28 target capacity has been raised by 15 MTPA, from 140 MTPA to 155 MTPA, to be achieved through debottlenecking at a capex of $48/MT. This expansion is part of a broader strategy to reach 118 MTPA by March 2026 and 155 MTPA by FY'28. ACC remains debt-free with a net worth of INR69,493 Cr and maintains AAA (stable)/A1+ credit ratings.

Strategic initiatives include installing 13 blenders to optimize product mix, debottlenecking plant logistics infrastructure to improve capacity utilization, and commissioning 200 MW solar power, bringing renewable energy capacity to 673 MW. The company projects double-digit revenue growth and four-digit PMT EBITDA, with a focus on cost reduction to achieve INR3,650 PMT by FY'28.