ACC stock advances cement expansion as Ambuja merger moves ahead

ACC Limited's second-quarter results for the period ended September 30, 2026, pointed to a stronger product mix and continued capacity expansion, while profitability remained under pressure from elevated energy costs. The company's Q2 FY27 business update said cement sales reached 9.7 million tonnes and revenue from operations was INR 5,689 crore.

Mix improves as margins remain pressured

Trade sales increased by seven percentage points year on year to 78 percent, while premium products represented 47 percent of trade sales. Blended cement accounted for 85 percent, compared with 78 percent in the year-earlier quarter. Ready-mix concrete volumes rose 19 percent year on year to 1.07 million cubic metres.

Operating EBITDA was INR 401 crore, equal to a 7.0 percent margin, while profit after tax was INR 93 crore. The company said the quarter reflected monsoon disruption, seasonal shutdowns, geopolitical uncertainty, elevated energy costs and constraints in domestic coal availability. These factors leave the recovery in profitability dependent on pricing, product mix and operating efficiency.

Capacity and merger shape outlook

ACC commissioned a 2.4 million-tonne-per-year greenfield grinding unit at Salai Banwa in Uttar Pradesh and added 1.0 million tonnes of cement capacity at Kalamboli in Maharashtra. The two projects added 3.4 million tonnes of capacity during the quarter and are intended to improve coverage of key markets.

Shareholders approved the proposed amalgamation with Ambuja Cements at a meeting on September 29, 2026. The scheme now proceeds to the National Company Law Tribunal for final sanction, with completion expected during FY27 subject to regulatory and statutory approvals. The transaction could simplify the corporate structure and improve coordination across manufacturing, logistics and distribution, but execution remains the next key milestone.

ACC stock quote and investor context

ACC stock traded at INR 1,226.80 on the BSE at 3:29 p.m. IST on Thursday, November 5, 2026. Investors can follow the real-time quote of ACC stock as the market weighs near-term cost pressure against capacity growth and the merger process.

India's cement market is becoming more concentrated around UltraTech Cement and Ambuja Cements, while Shree Cement, Dalmia Bharat and Ramco Cements remain important second-tier producers, according to Business Standard.

ACC's business and competitive position

ACC produces cement and ready-mix concrete for customers across India and operates 22 cement manufacturing sites and 125 ready-mix concrete plants, according to the company. Its portfolio includes cement, concrete solutions and blended products serving construction and infrastructure markets.

ACC is part of Ambuja Cements and the Adani Portfolio. UltraTech is the larger national-scale rival, while Shree Cement and Dalmia Bharat compete as established cement producers; ACC combines a long-established brand with a broad ready-mix network and a growing capacity program.

India's equity market remains the broader backdrop for cement shares; investors can follow current market developments in India.

For more company-specific coverage, see More news and analyses on ACC stock.