ACC LIMITED
RESULTS
FOR Q3 CY 2012
SEP,2012
ACC
LTD has performed reasonably well in the third quarter ending Sep,2012.
Net sales
stands at Rs.2555.9 Cr for Q3 CY12 ; down by -12.44% from preceding Qtr (Q2
CY12) of Rs.2918.98 Cr; and up by 11.9% from the corresponding Qtr of Q3 CY 11
(Rs.2284 Cr).
Total income
stands at Rs.2586.5 cr in Q3 CY12; down by -12.59% from Q2 CY 12;(Rs.2958.96
Cr); and up by 8.54% from Q3 CY 11 (Rs.2383.02Cr)
Total expenses
stands at Rs.2263.7 Cr for Q3 CY 12 ;
down by -6.17% from Q2 CY 12 (Rs.2412.6 Cr); and up by 3.16% from Q3 CY11 (Rs.2194.43
Cr).Major increase is under cost of Materials and Depreciation.
Profit from operations
stands at Rs.322.55 Cr; down by -40.96% from Q2 CY 12 (Rs.546.36 Cr); and up by
71.03% from Q3 CY 11 (Rs.188.59 Cr).
Other income stands at Rs.53.55 Cr; down by -31.79%
from Q2 CY 12 (Rs.78.51 Cr); and down by -6.92% from Q1 CY 11 (Rs.57.53 Cr).
Profit before tax
stands at Rs.350.3 Cr; down by -41.11% from Q2 CY 12 (Rs.594.8Cr); and up by 58.7%
from Q1 CY 11 (Rs.220.73 Cr).
Tax expense stands at Rs.109.77 Cr; down by -39.86%
from Q2 CY 12 (Rs.182.52 Cr); and up by 72.05% from Q3 CY 11 (Rs.63.8Cr).
Net Profit
stands at Rs.240.53 Cr ; down by -41.66% from Q2 CY 12 (Rs.412.28 Cr); and up
by 53.27% from Q3 CY 11 (Rs.156.93 Cr).
Consolidated Net Profit
stands at Rs.241.96 Cr; down by -41.63% from Q2 CY 12; (Rs.414.52 Cr); and up
by 51.9% from Q3 CY 11 (Rs.159.29 Cr);
Face Value of
ACC share is Rs.10.
Paid-up equity
share capital stands at Rs.187.95 Cr.
EPS-Basic
stands at Rs.12.89 for Q3 CY 12; Rs.22.08 for Q2 CY 12; and Rs.8.49 for Q3 CY
11.
EPS-Diluted
stands at Rs.12.86; Rs.22.02 and Rs.8.47 for same periods.
Public holding in
ACC stands at 93316236 shares, which account for 49.7%.
STAND ALONE RESULTS
Total income stands at Rs.2473.92 Cr; down by -12.13%
from Q2 CY 12 (Rs.2815.39 Cr); and up by 10.02% from Q3 CY 11(Rs.2248.67 Cr).
Profit before Tax stands
at Rs.358.11 Cr; down by -40.4% from Q2 CY
12 (Rs.600.86 Cr); and up by 54.87% from Q3 CY 11(Rs.231.24 Cr).
Net Profit stands at Rs.248.67 Cr; down by -40.5% from Q2 CY 12 (Rs.417.93 Cr); and up by 48.4% from Q3 CY 11(Rs. 167.57 Cr).
52 week high/low price : 1545.35/1082.30
CURRENT MARKET PRICE : 1425.45
Basic EPS for the 9 m/e Sep,2012 stands at Rs.43.04 (Rs.42.93
diluted); against Rs.44.61 for 9 m/e Sep. 2011 (44.51 diluted); and Rs.69.29
(69.12 diluted) for the y/e Dec,2011.
Judging by the speed of
decisions now by the Government, the 4th quarter can be expec
ted to
be very good for all Cement companies including ACC.
CONSOLIDATED RESULTS - TABLE
|
ACC
|
Q3 CY 12
|
%Dif QoQ
|
Q2FY12
|
%Dif YoY
|
Q3CY2011
|
|
(a) Net sales
|
2555.9
|
-12.44
|
2918.98
|
11.9
|
2284
|
|
(b) Other operating
income
|
30.35
|
-24.09
|
39.98
|
-69.35
|
99.02
|
|
Total income( a + b)
|
2586.5
|
-12.59
|
2958.96
|
8.54
|
2383.02
|
|
(a) Cost of materials
consumed
|
375.18
|
-9.66
|
415.28
|
8.32
|
346.35
|
|
(b) Purchases of SIT
|
34.51
|
-16.3
|
41.23
|
-5.4
|
36.48
|
|
(c)Changes in
inventories of FG, SIT, WIP
|
-38.01
|
-43.7
|
-67.51
|
164.14
|
-14.39
|
|
(d) Employee benefits
expense
|
149.3
|
3.46
|
144.31
|
-0.88
|
150.62
|
|
(e) Depreciation and
amortisation expense
|
143.52
|
-0.25
|
143.88
|
11.36
|
128.88
|
|
Total expenses
|
2263.7
|
-6.17
|
2412.6
|
3.16
|
2194.43
|
|
Profit from operations
|
322.55
|
-40.96
|
546.36
|
71.03
|
188.59
|
|
Other income
|
53.55
|
-31.79
|
78.51
|
-6.92
|
57.53
|
|
Profit before finance
costs
|
37610
|
-39.81
|
62487
|
70.38
|
22074.49
|
|
Finance costs
|
25.8
|
-14.2
|
30.07
|
1.61
|
25.39
|
|
Profit after finance
costs
|
350.3
|
-41.11
|
594.8
|
58.7
|
220.73
|
|
Profit before tax
|
350.3
|
-41.11
|
594.8
|
58.7
|
220.73
|
|
Tax expense
|
109.77
|
-39.86
|
182.52
|
72.05
|
63.8
|
|
Net Profit
|
240.53
|
-41.66
|
412.28
|
53.27
|
156.93
|
|
Share of profit /
(loss) of associates
|
145
|
-36.12
|
227
|
-38.03
|
234
|
|
Minority interest
|
2
|
-33.33
|
3
|
-200
|
-2
|
|
Consolidated Net
Profit
|
241.96
|
-41.63
|
414.52
|
51.9
|
159.29
|
|
Face Value (in Rs.)
|
10
|
0
|
10
|
0
|
10
|
|
Paid-up equity share
capital
|
187.95
|
0
|
187.95
|
0
|
187.95
|
|
EPS-Basic
|
12.89
|
-41.62
|
22.08
|
51.83
|
8.49
|
|
EPS-Diluted
|
12.86
|
-41.6
|
22.02
|
51.83
|
8.47
|
|
Public holding
|
93316236
|
|
|
|
|
|
public holding%
|
49.7
|
|
|
|
|
|
stand Alone
|
|
|
|
|
|
|
Total income
|
2473.92
|
-12.13
|
2815.39
|
10.02
|
2248.67
|
|
Profit before Tax
|
358.11
|
-40.4
|
600.86
|
54.87
|
231.24
|
|
Net Profit
|
248.67
|
-40.5
|
417.93
|
48.4
|
167.57
|
|
|
|
|
|
|
|
|
|
|
|
|
* * *
E N D * * *
