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    ACC Q3CY18 results today: Here's what to expect

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    ACC Q3CY18 results today: Here's what to expect

    One of the largest producers if cement ACC Ltd is in focus as the company is set to post its quarterly results on Wednesday.
    The stock has seen a bit of a rally. It has climbed up more than 20 percent in the last three months.
    Here is what is expected from the company today:
    • In the topline, a growth of around 10 percent is expected. The company has a pan India presence and it has been running at near optimum capacity utilisation levels of around 85-90 percent. Hence, in terms of the topline growth of around 10 percent, close to around 7.5 percent will come because of higher volumes and the remaining will come because of higher realisations.
    • Realisations are expected to be around 2-3 percent because prices in east and central India have moved higher but prices in south, west and north India have been lower.
    • Their premium product sales have gone up. Last time it was around 15 percent of the total mix and that is what supports its realisations.
    • A bit of a margin expansion is expected because the operating leverage will play out.
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