ACC Reports Record 43.9 MnT Sales Volume and 22% EBITDA Growth for FY’26 Amid Ambuja Merger Progress
New Delhi, May 1, 2026: ACC Limited, a key entity within the Adani Cement portfolio, has reported the highest-ever annual sales volume in the company’s history. The building materials giant clocked 43.9 million tonnes (MnT) in annual sales, while its fourth-quarter performance demonstrated significant resilience. For Q4 FY’26, the company reported a record quarterly revenue of Rs 7,146 crore, marking a 17% year-on-year increase. This growth was largely propelled by a strategic shift toward premium products, which now account for 45% of trade sales, up from 41% in the previous year, the company said in a press release.
The company’s financial health remains robust, characterized by a debt-free balance sheet with a net worth of Rs 20,554 crore and top-tier AAA/A1+ credit ratings from CRISIL and CARE. On a normalized basis, the annual EBITDA stood at Rs 2,950 crore, representing a 22% increase over the previous year when excluding one-time items. In addition to cement, the Ready-Mix Concrete (RMC) segment saw an exceptional quarter with volumes rising 33% to 1.14 Mn M3, contributing an EBITDA of Rs 102 crore. To reward shareholders, the Board has recommended a dividend of Rs 7.5 per equity share.
Addressing the results, Vinod Bahety, Whole-Time Director & CEO, ACC Limited, said: “Amidst, the global volatility and energy cost pressures, we have delivered a sustained performance this quarter and during this fiscal, supported by strong brand penetration and disciplined execution across our operations. Despite headwinds, we recorded a highest ever sales volume and revenue in the quarter. Volume growth was driven by a higher share of trade and premium cement, continued momentum in ready‑mix concrete, and improved utilisation of our existing asset base. The year marked continued progress on improving utilisation across the existing asset base and advancing alignment under the proposed ‘One Cement Platform’, focused on operational integration, capital efficiency and long-term value creation. Digitalisation under CiNOC and the strengthening of our RESQ framework supported operational reliability and efficiency. With a sustained emphasis on execution, cost discipline and premiumisation, we are positive for improved performance on the back of cost efficiency in the coming quarters.”
Despite the record-breaking volumes, the quarter was not without challenges. Ongoing conflicts in West Asia have triggered significant cost pressures, specifically regarding fuel, diesel, and packaging bag supplies. The company noted that rupee depreciation and high energy costs impacted margins in Q4 and are expected to persist through the first half of FY’27. In response, ACC is aggressively pursuing cost-mitigation strategies, including fuel mix optimization and increasing its green power share, which rose from 22% to 31% over the last year.
Strategic expansion and structural changes are also on the horizon. The company confirmed that capacity expansions at Salai Banwa and Kalamboli are set to add 3.4 MTPA in the first quarter of FY’27. Furthermore, the high-profile amalgamation of ACC with Ambuja Cements, approved by the Board in late 2025, is progressing steadily. The merger scheme has been filed with stock exchanges and is currently awaiting a No-Objection Certificate from SEBI, with a targeted completion date within the 2027 fiscal year.
Looking forward, ACC maintains a cautious but optimistic outlook for the industry. While long-term infrastructure demand in India remains strong, the company anticipates a softer demand growth of approximately 5% for FY’27 due to geopolitical volatility and forecasts of a below-normal monsoon. On the sustainability front, ACC continues to lead with SBTi-validated decarbonization targets and a water-positive status across its plants, alongside a CSR outreach that has impacted 2.76 million lives through various community and livelihood development programs, the press release added.
