ACC Limited

ACC Ltd. is one the largest cement manufacturers in

India.
Products offered:
Cement
Ready Mix Concrete
Special types of Concrete Ronak Kamdar 179278002
Dheeraj Rajpal 179278047
Sunidhi Singh 179278054
Naveen Gottipalli 179278086
Gowri Patil 179278109
 Industry Overview
India is the second largest
producer of cement in the world.
The cement capacity in India is
395 MT
The country's per capita
consumption stands at around 190
kg.
The top 20 cement companies
account for almost 70 per cent of
the total cement production of the
country.
ACC Ltd. contributes to the cement
industry by an approx 9% of the
total supply with a market cap of
Rs. 29,952.07 Cr
Shareholding Pattern
Revenue Breakup
 Non-current Assets
Fixed Assets
Tangible assets=7458.85 in 2016; 5248.78 in 2015 (41.2 % change)
Intangible assets= 3.53 in 2016; 0.20 in 2015
Capital Work-In-Progress= 260.82 in 2016; 2370.96 in 2015(89% change)

Increase in Fixed Assets is mainly on account of capitalisation of Jamul and Sindri projects.
The Company commenced commercial production of Clinkering Facility of 2.79 MTPA and
Cement facility of 1.1 MTPA at Jamul in State of Chhattisgarh on 19th July 2016 and 14th
September 2016 respectively.
The Company commenced commercial production of Cement grinding facility of 1.35 MTPA
at Sindri in state of Jharkhand on October 22, 2016.
During the year the amount capitalized for Jamul and Sindri project is 1845 Crore and 681
Crore respectively.
Capital work-in-progress has gone down mainly due to capitalization of Jamul and Sindri
projects.
 Tax Expenses
Deferred tax
Deferred tax=88.98 in 2016; -66.41 in 2015
Change is 233.99 percent

Deferred tax has increased by 155 Crore due to following reasons:

In the current year, due to higher income tax depreciation claim on
capitalization of Jamul and Sindri projects, tax has been deferred to future
years resulting in an increase in deferred tax liability.
In 2015, pursuant to transition provisions prescribed in Schedule II of
Companies Act 2013, an additional depreciation of ` 153.17 Crore was
recognized, on which deferred tax asset was created.
 Depreciation on tangible fixed assets
Depreciation on fixed assets, other than Captive Power Plant
related assets (CPP assets), is provided using the straight-line
method and on CPP assets using the written-down value
method based on their respective estimated useful lives.
Leasehold land is amortized on a straight-line basis over the
period of lease which is 10 to 99 years.
Freehold land used for mining is depreciated on the basis of
quantity of minerals actually extracted during the year with
respect to the estimated total quantity of extractable mineral
reserves.
Balance
Sheet
Current
Investments
tax expenses:

change from 681.82% to

7.81%
The optimal debt to equity (D/E) ratio varies widely by industry, but the general consensus is that it should
not be above 2. While some very large companies in fixed asset-heavy industries may have ratios higher
than 2, these are the exception rather than the rule. A D/E ratio of 2 indicates that the company derives
two-thirds of its capital financing from debt and one-third from shareholder equity, so it borrows twice as
much funding as it owns.
Thank you