Accumulate ACC target of Rs 2134 : Geojit Financial Services

The company’s focus on expanding its presence in the Indian market has led to a significant increase in its revenue.

Market Position and Revenue Growth

ACC Limited has established itself as a major player in the Indian cement industry, with a market share of around 10%. The company’s revenue growth can be attributed to its strategic expansion plans, which include increasing its production capacity and entering new markets. ACC’s focus on expanding its presence in the Indian market has led to a significant increase in its revenue. Key highlights of ACC’s revenue growth: + 20.6% YoY growth in consolidated revenue + Rs. 5,927cr revenue in Q3FY25 + Market share of around 10% in the Indian cement industry

Expansion Plans and Strategic Partnerships

ACC Limited has been actively expanding its presence in the Indian market through various strategic partnerships and investments. The company has partnered with several major players in the industry to enhance its capabilities and reach new customers. ACC’s expansion plans include:

Increasing its production capacity to meet the growing demand for cement and ready-mix concrete

Entering new markets, including rural and semi-urban areas

Investing in new technologies to improve efficiency and reduce costs

Key Statistics and Performance Indicators

Revenue growth: 6% YoY

Market share: around 10%

Production capacity: increasing to meet growing demand

Number of manufacturing sites: 20

Number of concrete plants: 99

Conclusion

ACC Limited’s significant revenue growth and expansion plans demonstrate its commitment to becoming a leading player in the Indian cement industry.

Cement Industry Sees Significant Growth Driven by Infrastructure Development and Urbanization.

Cement Industry Outlook

The cement industry is poised for significant growth, driven by increasing government spending and construction activity. This growth is expected to be fueled by a combination of factors, including:

Rising demand for infrastructure development

Increasing urbanization and population growth

Government initiatives to improve infrastructure and public services

Key Drivers of Growth

Several key drivers are expected to contribute to the growth of the cement industry. These include:

Infrastructure Development: Governments around the world are investing heavily in infrastructure development, including roads, bridges, and buildings. This increased demand for cement is expected to drive growth in the industry.