Action Construction Equipment Ltd
Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters, rotavators, etc.
Strengths
- +Company is almost debt free.
- +Company has delivered good profit growth of 50.6% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%
- +Company's median sales growth is 20.7% of last 10 years
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.41% | 65.41% | 65.41% | 65.41% | 65.41% | 65.42%▲0.0 | 65.42% | 65.42% |
| FIIs | 10.13% | 10.48%▲0.3 | 11.9%▲1.4 | 11.57%▼0.3 | 11.44%▼0.1 | 10.36%▼1.1 | 10.4%▲0.0 | 9.58%▼0.8 |
| DIIs | 1.79% | 1.61%▼0.2 | 1.76%▲0.1 | 1.97%▲0.2 | 2.05%▲0.1 | 1.83%▼0.2 | 1.76%▼0.1 | 1.84%▲0.1 |
| Public | 22.61% | 22.43%▼0.2 | 20.86%▼1.6 | 20.97%▲0.1 | 21.02%▲0.1 | 22.33%▲1.3 | 22.35%▲0.0 | 23.1%▲0.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 672 | 753 | 836 | 734 | 754 | 873 | 959 | 652 | 741 | 853 |
| Expenses | 583 | 650 | 706 | 635 | 646 | 743 | 796 | 560 | 630 | 724 |
| Operating Profit | 89 | 103 | 130 | 98 | 108 | 131 | 163 | 92 | 111 | 129 |
| OPM % | 13% | 14% | 16% | 13% | 14% | 15% | 17% | 14% | 15% | 15% |
| Net Profit | 74 | 89 | 98 | 84 | 94 | 107 | 118 | 97 | 104 | 116 |
| EPS ₹ | 6.19 | 7.43 | 8.24 | 7.03 | 7.92 | 9 | 9.94 | 8.13 | 8.72 | 9.73 |
AI Insights
TTM revenue at ₹3,205Cr, down 3.5% YoY. OPM at 15%.
Borrowings at ₹140Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
CWIP at ₹42Cr (6% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 1.84% (-1.61pp change). FIIs: 9.58% (+3.07pp change). Promoters hold 65.42%.
ROCE improving from 3% (Mar 2014) to 40% (Mar 2025). Working capital days: -20.
PE 24x with 40.1% ROCE. Price is 488% above book value of ₹149. Dividend yield: 0.23%.
Recent Announcements
- Corporate Action-Board to consider Dividend 2d
- Board Meeting Intimation for Consider And Approve Standalone And Consolidated Audited Financial Results Of The Company For The Quarter & Year Ended On 31St March, 2026 And Consider And Recommend Dividend On Equity Shares Of The Company For The FY 2025-26. 8 May - Board meeting on May 20, 2026 to approve audited FY26 results and consider dividend.
- Intimation Of Approval For Execution Of Business Transfer Agreement (BTA) With ACE KATO PRIVATE LIMITED (A 50:50 Joint Venture Company As Per 'Investment And Shareholders' Agreement (ISA) 30 Apr - Board approved slump sale of Heavy Cranes Business to ACE KATO JV; completion expected by June 30, 2026.
- Intimation Of Approval For Execution Of Business Transfer Agreement (BTA) With ACE KATO PRIVATE LIMITED (A 50:50 Joint Venture Company As Per 'Investment And Shareholders' Agreement (ISA) 30 Apr - Board approves slump-sale transfer of Heavy Cranes business to ACE KATO JV; completion by June 30, 2026.
- Board Meeting Outcome for Intimation Of Approval For Execution Of Business Transfer Agreement (BTA) With ACE KATO PRIVATE LIMITED (A 50:50 Joint Venture Company As Per 'Investment And Shareholders' Agreement (ISA) . 30 Apr - Board approved BTA to transfer Heavy Cranes Business to ACE KATO JV by June 30, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse