ACC Limited FY26 revenue jumps 18% to ₹25,962 crore, record 43.9 MT sales volume
Synopsis
ACC Limited posted its highest-ever annual sales volume of 43.9 million tonnes in FY26, alongside an 18% revenue jump to ₹25,962 crore — even as West Asia geopolitical tensions squeezed margins. With a debt-free balance sheet and AAA credit ratings, the Adani Cement unit is betting on premiumisation and RMC growth to navigate a turbulent first half of FY27.
Key Takeaways
ACC Limited reported FY26 revenue of ₹25,962 crore , up 18% year-on-year.
Operating EBITDA stood at ₹2,950 crore for the full year.
Annual sales volume hit a record 43.9 million tonnes , the highest in company history.
Q4 FY26 quarterly revenue reached a record ₹7,146 crore , up 17% YoY, with quarterly volume at 11.9 million tonnes .
Premium cement share in trade sales rose to 45% from 41% a year ago; RMC EBITDA surged 79% to ₹102 crore .
ACC maintains a debt-free balance sheet with net worth of ₹20,554 crore and AAA/A1+ credit ratings from CRISIL and CARE.
ACC Limited, part of the Adani Cement portfolio, on 30 April 2025 reported a strong financial performance for FY26, with revenue from operations rising 18% year-on-year to ₹25,962 crore and operating EBITDA at ₹2,950 crore. The cement major also achieved its highest-ever annual sales volume of 43.9 million tonnes, according to its stock exchange filing.
Record Revenue and Sales Volume
The full-year performance marks a significant milestone for ACC, driven by what the company described as premiumisation, improved capacity utilisation, and disciplined execution. Profit after tax (PAT) for FY26 rose to ₹1,304 crore from ₹1,187 crore in the previous financial year. Notably, the FY25 base included a one-time income of ₹637 crore related to an excise duty exemption at the Gagal plant, along with other exceptional items concentrated in Q4 FY25, which inflated the prior-year reported base.
Q4 FY26 Highlights
In the March quarter (Q4 FY26), ACC posted its highest-ever quarterly revenue of ₹7,146 crore, up 17% year-on-year, driven by a richer product mix and a higher share of premium cement. Quarterly sales volume reached a record 11.9 million tonnes, an 8% increase over the same period in the previous financial year. Capacity utilisation improved sequentially by around 9% to approximately 80%.
Premiumisation and RMC Business
The contribution of premium cement to trade sales climbed to 45% in Q4 FY26, up from 41% a year earlier, reflecting the company's sustained push toward higher-margin products. The ready-mix concrete (RMC) business delivered particularly strong results, with volumes rising 33% year-on-year to 1.14 million cubic metres in the quarter. EBITDA from the RMC segment surged 79% to ₹102 crore.
Headwinds and Cost Pressures
ACC acknowledged that ongoing geopolitical tensions in West Asia led to higher fuel and logistics costs, supply constraints, and currency depreciation, all of which weighed on margins during the quarter. These pressures are expected to persist through the first half of FY27. In response, the company said it is focusing on cost optimisation through fuel mix adjustments, increased use of renewable energy, and improved logistics efficiency.
Balance Sheet and Outlook
On the financial health front, ACC maintained a debt-free balance sheet with a net worth of ₹20,554 crore and cash reserves of ₹918 crore. The company retained top-tier credit ratings of AAA/A1+ from both CRISIL and CARE. ACC CEO Vinod Bahety stated,
Point of View
But the margin story deserves scrutiny. EBITDA of ₹2,950 crore on ₹25,962 crore in revenue implies a margin of roughly 11.4% — modest for a cement major with pricing power and a debt-free sheet. The West Asia freight and fuel headwinds are real, but so is the risk that premiumisation gains are being offset by input cost volatility that management admits will persist into H1 FY27. The RMC segment's 79% EBITDA surge is the genuinely bright spot — if ACC can scale that business, it diversifies away from commodity cement dynamics. Investors should watch whether Q1 FY27 margins stabilise before reading this as a clean beat.
NationPress
1 May 2026
Frequently Asked Questions
What was ACC Limited's revenue in FY26?
ACC Limited reported revenue from operations of ₹25,962 crore in FY26, an 18% increase year-on-year. Operating EBITDA for the full year stood at ₹2,950 crore.
What was ACC's highest-ever sales volume in FY26?
ACC achieved its highest-ever annual sales volume of 43.9 million tonnes in FY26, reflecting improved capacity utilisation and stronger demand across its cement and RMC businesses.
How did ACC perform in Q4 FY26?
In Q4 FY26, ACC posted its highest-ever quarterly revenue of ₹7,146 crore, up 17% year-on-year, with quarterly sales volume reaching a record 11.9 million tonnes — an 8% YoY increase. Capacity utilisation improved sequentially by around 9% to approximately 80%.
What challenges did ACC face in FY26?
ACC flagged that geopolitical tensions in West Asia led to higher fuel and logistics costs, supply constraints, and currency depreciation, which pressured margins in Q4 FY26. These headwinds are expected to continue through the first half of FY27.
What is ACC's financial health position after FY26?
ACC maintained a debt-free balance sheet with a net worth of ₹20,554 crore and cash reserves of ₹918 crore. It retained AAA/A1+ credit ratings from both CRISIL and CARE, providing a strong base for future capacity expansion.
