Sharekhan has estimated ACC’s net sales figures at Rs 4,263 crore, which could go up by 4% on a YoY basis and 17.3% on a QoQ basis. The profit after tax (PAT) is seen to fall by 49% and 46% on a YoY and QoQ basis to Rs 197 crore.
The operating profit margin (OPM) is expected at 10.2% in the July-September quarter, which may fall by 218 bps on a YoY basis and 295 bps on a QoQ basis, Sharekhan said.
Meanwhile, Axis Securities estimates said that the company could report revenue of Rs 4,187 crore in the July-September quarter, which could decline by 6% on a YoY basis and 19% on a QoQ basis. The net profit could fall by 53% and 40% to Rs 182 crore.
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The volume is seen at Rs 8.51 mtpa, which could grow 5% over the corresponding period of the previous financial year while declining by 17% over the April-June quarter of FY25.
EBITDA could be reported at Rs 416 crore, declining by -24%YoY and 39% QoQ meanwhile EBITDA margin could be reported at 9.9%, a drop of 490 bps over Q2FY24 and 330 bps over Q1FY25.
“Volume to grow YoY driven by sales under MSA (master service agreement). Revenue to be lower owing to lower realization. Gross margin to contract owing to lower realization YoY,” Axis Securities said.
EBITDA margin is likely to contract on YoY owing to lower realisation and negative operating leverage.
PAT to be lowerYoY owing to lower sales and margin, this brokerage said.
EBITDA/tonne to be lower on YoY basis while blended realisation is expected to be lower YoY and QoQ. Cost/Tonne to lower as cost pressure eases.
ACC shares ended Wednesday with minor gains at Rs 2,260.10 on the NSE, rising by Rs 13.75 or 0.61%.
The stock has underperformed Nifty over a 1-year period rising by 19% versus 26% uptick seen in the 50-stock index.
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