ACC Ltd - Company Profile
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ACC Ltd (ACC), a subsidiary of Adani Group, is a manufacturer and supplier of cement and ready-mix concrete. It offers a wide range of products including ordinary Portland cement (OPC), Portland Pozzolana cement (PPC), Portland slag cement (PSC), composite cement, ready-mixed concrete, and construction chemicals. The company supplies its products for building mega housing projects, townships, flyovers, bridges, commercial complexes, factories, roads, and railways. It sells products through a network of dealers, channel partners and retail distribution channels. ACC operates its cement manufacturing plants in several states in India such as Andhra Pradesh, Chhattisgarh, Odisha, Madhya Pradesh, Jharkhand, Himachal Pradesh, Karnataka, Maharashtra, and West Bengal. ACC is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Cement House, 121, Maharshi Karve Road, Mumbai, Maharashtra, 400020
Website
www.acclimited.com
Telephone
91 22 41593321
No of Employees
5,472
Industry
Construction
Ticker Symbol & Exchange
ACC (NSE)
Revenue (2022)
$2.8B
EPS
XYZ
Net Income (2022)
XYZ
Market Cap*
$5.6B
Net Profit Margin (2022)
XYZ
-61.6%
(2022 vs 2021)
* As of and is in US$
ACC Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Ordinary Portland Cement | ACC Concrete+ Xtra Strong |
| Portland Pozollana Cement | ACC Gold Water Shield |
| Portland Slag Cement | ACC F2R SuperfastACC Concrete |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired the remaining 55% stake in Asian Concretes and Cements Private Ltd. |
| 2023 | Corporate Changes/Expansions | In May, the company and Ambuja Cement launched a state-of-the-art Cement and Concrete Research and Development facility at Kalamboli, Navi Mumbai, India. |
| 2023 | New Products/Services | In May, the company launched Bagcrete, a pre-blend concrete solution. |
Competitor Comparison
| Key Parameters | ACC Ltd | Grasim Industries Ltd | UltraTech Cement Ltd | Shree Cement Ltd | Birla Corp Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Kolkata | Kolkata |
| State/Province | Maharashtra | Maharashtra | Maharashtra | West Bengal | West Bengal |
| No. of Employees | 5,472 | 24,455 | 22,916 | 6,451 | 6,920 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Karan Adani | Chairman | Executive Board | 2022 | - |
| Ajay Kapur | Chief Executive Officer; Director | Executive Board | 2022 | - |
| Jayant Kumar | Chief Human Resources Officer | Senior Management | 2022 | - |
| Chandapillai Kurian | Chief Executive Officer - Concrete Business | Senior Management | - | - |
| Vinod Bahety | Chief Financial Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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