01-01-1970 12:00 AM | Source: Angel Broking Ltd
Quote on ACC Limited - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Below are Quote on ACC Limited - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
ACC Limited total revenue from operations for Q4FY21 stood at ₹4,213 crores up by 22.7% YoY from ₹3,433 crores in Q4FY20.
Company reported EBITDA of ₹860 crores up by 46.8% from ₹586 crores in Q4FY20 which is above the expectations. Company reported EBITDA margins at 20.4% as compared to 17.1% in Q4FY20. Profit after tax for the quarter up by 74.2% at ₹563 crores in Q4FY21 as compared to ₹323 crores in Q4FY20.
Company reported very good set of numbers, cement volumes up by 21.6% at 8.0 million tons along with this cement prices up by 6.5% at ₹4876 per ton, even company has reported one of the best EBITDA margins in the industry of 20.4% but we also need to keep in mind that last year in Q4FY20 was the low base due to covid related issues.
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