Adani's ACC Declares Rs 7.50 Dividend: Record Date Set, Stock Slides Below Rs 2,000; Enter Or Exit?

One of the top manufacturers of cement and ready-mix concrete in India is ACC Limited, a division of Ambuja Cements. It is a part of the most diverse and rapidly expanding portfolio of sustainable enterprises, the Adani Group. To better service its customers, ACC operates more than 100 concrete factories, 20 cement production facilities, and a countrywide network of channel partners. ACC was founded in 1936 and has been named India's Most Trusted Cement Brand by TRA Research in its Brand Trust Report 2024. The Economic Times has named ACC one of the "Iconic Brands of India 2024" for the third year in a row. The company's financial results for the quarter and fiscal year ending March 31, 2025, as well as the dividend for FY25, were released on Friday, causing ACC's shares to close 6.35% down at Rs 1,935 a share with a market capitalization of Rs 36,336.84 Cr on Friday.

ACC Dividend

"The Board has recommended Dividend of Rs. 7.50/- (Rupees Seven and Fifty paise only) per Equity Share of face value of Rs.10/- each fully paid-up for the Financial Year 2024-25, subject to approval of shareholders of the Company. Pursuant to the Regulation 42 of SEBI Listing Regulations, it is hereby informed that the Company has fixed Friday, 13th June 2025 as 'Record Date' for the purpose of determining entitlement of the members of the Company to receive Dividend of Rs. 7.50/- (Rupees Seven and Fifty paise only) per Equity Share having face value of Rs.10/- each fully paid-up for the financial year 2024-25. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or after 1st July 2025, subject to deduction of tax at source as applicable," said ACC in a stock exchange filing.

ACC Q4 Results

In the March quarter of 2025, ACC reported a 20.4% drop in net profit to Rs 751.04 crore. According to a regulatory filing from ACC, which is a part of Adani Cement, the company reported a profit of Rs 943.39 crore for Q4FY24, as per PTI. In Q4FY25, its revenue from operations increased 12.7% to Rs 5,207.3 crore. In the same quarter last year, it stood at Rs 5,316.75 crore. In the quarter ended in March 2025, ACC's net expenses reached Rs 5,514,82 Cr, which was a 13.11% YoY growth. In contrast, ACC recorded a sales volume of 11.9 million tonnes, a 14 per cent increase, which the Adani group company claims is the "highest-ever sales volume in a quarter" for the company.

ACC's cement business revenue was Rs 5,685.53 cr, up 11.14 YoY. In Q4FY25, its ready-mix concrete revenue was Rs 419.92 crore, up 32.12%, while ACC's total income, including other income, was Rs 6,066.52 crore, up 12%, the highest ever reported in the March quarter of FY25. While ACC's total income in FY25 was Rs 22,834.74 crore, up 11.65% YoY from FY24, the company's net profit for the fiscal year that ended on March 31, 2025, was Rs 2,402.27 crore, rising 2.87 percent.

ACC Share Price Target

Mandar Bhojane - Equity Research Analyst at Choice Broking said, "ACC India is trading at ₹1,944, under significant selling pressure, and has formed a bearish candlestick pattern, indicating a potential trend reversal. The stock faced resistance at the 200-day EMA and declined nearly 8%, erasing 10 days of gains. It has also breached the key ₹2,000 support level and is now trading below the 20-day and 50-day EMAs, reinforcing a negative technical outlook. The Relative Strength Index (RSI) stands at 44.19 and has shown a sharp decline, reflecting increasing bearish momentum."

"ACC reported a 20.39% YoY drop in Q4 FY25 net profit to ₹751.03 crore due to higher expenses, despite a 12.69% rise in revenue. However, on a full-year basis, PAT rose 103% YoY to ₹2,427 crore, supported by record income, strong operational performance, and deferred tax reversals. Technically, the ₹1,900-₹1,873 zone is expected to offer strong support due to past buying interest. A rebound is possible if the stock stabilizes here; however, a break below ₹1,873 could invite further downside. On the upside, the ₹2,000-₹2,100 range now acts as resistance. Investors should await clear price confirmation before initiating new positions," recommended the analyst.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.