ACC Ltd Q4FY26: Strong Revenue, Profit Hit by Margins & Base Effect

Key Highlights • Net Profit (PAT): ₹238.25 Cr (↓68.3% YoY, ↓41.1% QoQ) • Revenue: ₹7,124.47 Cr (↑18.0% YoY, ↑11.5% QoQ) • EBITDA: ₹604.79 Cr (↓19.9% YoY, ↓0.6% QoQ) • EBITDA Margin: 8.49% (vs 12.51% YoY, 9.52% QoQ) Profitability • PBT (ex-exceptional): ₹374.73 Cr (↓49.9% YoY, ↓12.4% QoQ) • Other Income: ₹74.05 Cr (vs ₹268.73 Cr YoY, ₹149.38 Cr QoQ) Exceptional Items Impact • Q4FY26: Loss of ₹4.37 Cr • Q4FY25: Gain of ₹134.73 Cr (high base effect) • Q3FY26: Gain of ₹32.32 Cr What Stands Out • Strong revenue growth driven by volume and demand • Sharp margin compression impacting profitability • Lower other income and absence of exceptional gains hit earnings Why It Matters Despite healthy demand, profitability pressure highlights cost inflation (fuel, logistics) and pricing challenges in the cement sector. Learning Outcome In cyclical sectors like cement, margins can fluctuate significantly. Investors should track cost trends, pricing power, and operating leverage alongside revenue growth.