Preview: ACC Q3 PAT seen up 70% to Rs 271 cr; increment in loyalty eyed

NEW DELHI: ACC is slated to come out with its third quarter results for the calendar year 2012 on Thursday. The cement major is expected to report a 70 per cent YoY growth in its net profit numbers for the third quarter of calendar year 2012 to Rs 271 crore from Rs 159 crore reported in the year ago period, according to ET NOW estimates.

EBITDA is seen at Rs 458 crore, or up 45 per cent, in the third quarter of calendar year 2012 compared to Rs 316 crore in the year ago period. EBITDA margins are also likely to grow to 18.23 per cent from Rs 13.85 per cent in the year ago period.

Net sales for the cement major are likely to grow by 10 per cent to Rs 2515 crore for the quarter, from Rs 2283 crore reported in the year ago period.

Factors to watch out for:

Seasonally a better monsoon quarter for cement companies

Lower volume growth to impact topline growth

Lower than expected price decline in cement prices YoY owing to weak monsoons

Realizations to be higher YoY due to favourable price action

De-growth in dispatches seen in 2QCY12 YoY

Sequentially realizations, EBIDTA, volume to decline due to monsoons

Watch out for if any adjustment and increment in royalty payment to Holcim