Action Construction Equipment Ltd Share Price

Engineering - Heavy - Material Handling

NSE: ACE Small Cap ISIN: INE731H01025

As on 22 January 2025 at 15:58 IST

₹1,271.35

-13.20

(-1.03%)

Sell Buy

About Action Construction Equipment Ltd

Action Construction Equipment Ltd (ACE) is India's leading material handling and construction equipment manufacturer. It has established itself as a significant player in the industry while operating in the heavy equipment sector. The company was incorporated in 1995, which makes it decades old. The headquarters of Action Construction Equipment Ltd is located in Faridabad, Haryana. The company's main products include mobile cranes, tower cranes, crawler cranes, forklifts, and other construction machinery. These products are essential for various construction and infrastructure projects, providing efficient and reliable solutions for material handling and construction needs. Read More...

Over 1 Month

-13.95%

Over 6 Months

-8.64%

Over 1 Year

47.06%

Over 3 Years

475.13%

Action Construction Equipment Ltd Summary

Close ₹ 1,271.35

Open ₹ 1,290

High ₹ 1,290

Low ₹ 1,236.95

Volume 1,96,268

Net Turnover (in ₹) ₹ 22,11,54,943.90

52Wk High ₹ 1,695

52Wk Low ₹ 855

52Wk High / Low

855

1,695

Action Construction Equipment Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 15,296.83

EPS (TTM) 30.63

Book Value (BV) 115.24

Div. Yield 0.16 %

P/E (TTM) 41.95

Price/Book Value 11.15

Delivery % 34.21 %

Face Value 2

Key Ratios

PE Ratio 51.84

PB Ratio 13.86

EV to Sales 5.80

PEG Ratio 0.50

ROA 26.70

ROE 30.78

Debt-Equity 0.01

Net Profit Margin 11.25

Operating Profit Margin 16.46

Action Construction Equipment Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,990.90	2,200.79	1,640.36	1,242.46	1,160.38
Total Expenses	2,556.96	1,967.05	1,503.06	1,134.35	1,092.35
Profit Before Tax	433.94	233.75	137.30	108.11	68.03
Profit After Tax	328.20	172.98	105	79.79	52.47
Operating Profit after Depreciation	457.11	244.03	146.81	120.34	82.69

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	563.20	475.93	439.93	417.34	399.83
Total Non Current Assets	896.44	688.26	579.57	464.74	467.45
Total Current Assets	1,272.77	911.48	702.79	590.54	486.15
TOTAL ASSETS	2,169.21	1,599.74	1,282.37	1,055.29	953.60
Total Shareholder's Fund	1,229.84	918.56	754.09	523.27	442.64

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	433.42	274.28	103.52	86.06	47.98
Net Cash used in Investing Activities	-368.04	-217.51	-201.48	-16.23	-19.60
Net Cash used in Financing Activities	-38.66	-41.01	70.80	-40.34	-33.43

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,987.73	2,180.23	1,641.14	1,242.32	1,160.23
Total Expenses	2,554.50	1,961.07	1,502.79	1,133.84	1,092.03
Profit Before Tax	433.23	219.16	138.34	108.48	68.20
Profit After Tax	327.64	161.20	105.91	80.16	52.64
Operating Profit after Depreciation	456.37	229.40	147.84	120.71	82.86

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	557.90	470.48	430.79	408.97	392.60
Total Non Current Assets	899.04	692.13	577.29	462.86	465.57
Total Current Assets	1,256.35	893.19	702.07	590.02	485.63
TOTAL ASSETS	2,155.39	1,585.31	1,279.37	1,052.88	951.20
Total Shareholder's Fund	1,219.80	909.17	755.09	523.46	442.54

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	434.15	286.26	99.36	86.06	47.95
Net Cash used in Investing Activities	-368.10	-246	-201.87	-16.23	-19.58
Net Cash used in Financing Activities	-38.35	-40.71	75.13	-40.39	-33.43

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	756.69	734.26	835.84	753.11	673.24
Total Expenses	648.13	635.63	706.16	650.37	584.06
Profit Before Tax	126.75	111.99	133.19	114.30	96.91
Profit After Tax	94.82	84.18	98.45	88.24	73.94
Operating Profit after Depreciation	142.77	126.18	150.60	125.71	106.15

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	754.34	733.63	835.79	753.15	672.31
Total Expenses	646.29	635.49	706.27	650.16	583.19
Profit Before Tax	126.26	111.42	132.83	114.58	96.59
Profit After Tax	94.37	83.71	98.15	88.52	73.71
Operating Profit after Depreciation	142.19	125.50	150.14	125.89	105.74

Action Construction Equipment Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 1,259.07

S2 1,233.58

S3 1,191.17

Pivot 1,301.48

R1 1,326.97

R2 1,369.38

R3 1,394.87

Moving Average

20 SMA 1,404.97

50 SMA 1,371.85

100 SMA 1,347.16

200 SMA 1,386.80

Action Construction Equipment Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Action Construction Equipment Ltd

₹2/Share

Announcement Date 19 Aug 2024

Record Date 20 Aug 2024

Div Yield 100%

AGM Date: 20 Sep 2022

AGM 20/09/2022 This is to inform you that the 28th Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, September 20, 2022 at 12:00 Noon through Video Conferencing/Other Audio Visual Means. Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and such other provisions as may be applicable Tuesday, September 13, 2022 is the cut-off date for determining the Members who shall be entitled to vote through remote e-voting or e-voting at the AGM. (As Per BSE Announcement Dated on 18.08.2022) Pursuant to Regulation 30 read with sub-para 13 of Para-A of Part-A of Schedule-III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of 28th Annual General Meeting (AGM) of the Company held on Tuesday, 20th September, 2022 at 12:00 Noon through Video Conferencing (VC)/Other Audio Visual Means (OAVM). (As Per BSE Announcement Dated on 21.09.2022) We are enclosing herewith a copy of the Speech made by Mr. Vijay Agarwal, Chairman & Managing Director in the 28th Annual General Meeting of the Company held on Tuesday, September 20, 2022 through Video Conferencing (VC)/Other Audio Visual Means (OAVM). Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Members of the Company in their 28th Annual General Meeting (AGM) held on Tuesday, 20th September, 2022 at 12:00 noon through Video Conferencing (VC)/Other Audio Visual Means (OAVM) has inter-alia considered and approved the appointment M/s B S R & Co. LLP, Chartered Accountants (ICAI Firm Registration No. 101248W/W-100022) as Statutory Auditors of the Company from the conclusion of this 28th Annual General Meeting (AGM) of the Company till the conclusion of the 33rd Annual General Meeting, to be held in the calendar Year 2027 i.e. FY(2022-23 to 2026-27). The information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are given in Annexure-I In Compliance with Regulation 44 (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, Please find enclosed herewith the voting results of the business transacted in the prescribed format at the 28th Annual General Meeting (AGM) of the Company held on Tuesday, 20th September, 2022 at 12:00 noon through Video Conferencing (VC)/Other Audio Visual Means (OAVM). A copy of Scrutinizer's report is also enclosed for your perusal and records. (As Per BSE Announcement Dated on 21.09.2022)

AGM Date: 25 Aug 2023

AGM 25/08/2023 29th AGM of the Company on August 25, 2023 cut-off date for e-voting (As Per BSE Announcement dated on 25.07.2023) Annual Report 2022-23 and notice convening 29th Annual General Meeting ('AGM') of the Company. (As Per BSE Announcement Dated on 29.07.2023) Submission of details regarding the voting results for 29th AGM. (As Per BSE Announcement dated on 26.08.2023)

AGM Date: 27 Aug 2024

AGM 27/08/2024 Intimation of 30th Annual General Meeting (AGM) of the Company. Intimation of Book Closure and cut-off date for voting. (As Per BSE Announcement dated on 29.07.2024) Chairman''s Speech at the 30th Annual General Meeting. Re-appointment of Directors intimation is attached herewith. (As per BSE Announcement Dated on 27/08/2024) Reports is attached herewith. (As Per BSE Announcement Dated on 02.09.2024)

Action Construction Equipment Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Action Construction Equipment Ltd	₹1,284.95	₹15,301.60
Cummins India Ltd	₹2,902.60	₹80,460.07
Thermax Ltd	₹3,898.90	₹46,457.85
Jyoti CNC Automation Ltd	₹1,256.80	₹28,582.53
Carborundum Universal Ltd	₹1,204.85	₹22,938.60
Jupiter Wagons Ltd	₹484.60	₹20,571.18

Action Construction Equipment Ltd News

Action Construction Equipment to conduct board meeting

On 8 November 2024

26 Oct 2024, 10:41 am

ACE edges higher after bagging equipment supply contract from Defence Ministry

Action Construction Equipment (ACE) added 3.21% to Rs 1304.70 after the company announced that it has been awarded with an order for supplying forklifts and cranes from the Ministry of Defence (MoD).

19 Aug 2024, 10:05 am

Action Construction Equipment wins prestigious order from Ministry of Defence

16 Aug 2024, 05:21 pm

Action Construction Equipment to conduct AGM

On 27 August 2024

30 Jul 2024, 03:40 pm

ACE in talks with Japanese crane maker KATO for India-based JV

Action Construction Equipment said that the company is currently in discussions with Japan-based KATO WORKS CO. for establishing a joint venture in India.

20 Jun 2024, 12:34 pm

Action Construction Equipment Ltd Stock Analysis

Annual revenue for Action Construction Equipment Ltd increased by 37.04% to ₹2,987.73 crore in FY 2024 from ₹2,180.23 crore in FY 2023.
Annual Net Profit for Action Construction Equipment Ltd increased by 103.25% to ₹327.64 crore in FY 2024 from ₹161.20 crore in FY 2023.
Promoter Shareholding in Action Construction Equipment Ltd remains unchanged by 0.00% in the most recent quarter, from 65.41% in September 2024 to 65.41% in December 2024.
Action Construction Equipment Ltd delivered a 1-year return of 47.06% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Action Construction Equipment Ltd share price moved down by 1.03% from its previous close of INR ₹1,284.55. The latest Action Construction Equipment Ltd share price is INR ₹1,271.35.
Action Construction Equipment Ltd share price today has been at a low of 1,236.95 and a high of 1,290. Over the past 52 weeks, the Action Construction Equipment Ltd share price has seen a low of 855 and a high of 1,695.

About Action Construction Equipment Ltd

Action Construction Equipment Ltd (ACE) is India's leading material handling and construction equipment manufacturer. The company makes various types of equipment, like mobile cranes, tower cranes, and crawler cranes. They also produce truck-mounted cranes, backhoe loaders, forklifts, and other construction machinery. ACE is known for its innovative and reliable products that serve different industries. These industries include construction, infrastructure, agriculture, and logistics.

ACE has established itself as a significant player in the industry while operating in the heavy equipment sector. The company was incorporated in 1995, making it decades old. Over the years, it has become a mobile and tower crane market leader. The company has consistently won awards for its products and services.

The headquarters of Action Construction Equipment Ltd is located in Faridabad, Haryana. This strategic location helps the company manage its operations and logistics efficiently. It ensures timely delivery of products to customers across India and beyond. The company's promoters include Vijay Agarwal, with a 28.75% stake. He also serves as the Chairman and Managing Director, along with other vital members of the Agarwal family. A team of professional managerial promoters manages the operations of the company-

Mona Agarwal
Sorab Agarwal
Surbhi Garg
Avinash Parkash Gandhi

ACE’s main products include mobile, tower, crawler, and truck-mounted cranes. They also offer backhoe loaders, forklifts, and other construction machinery. These products are crucial for construction and infrastructure projects. They offer efficient and reliable solutions for material handling and construction needs. The company’s commitment to quality and innovation has helped it maintain a strong market presence.

Although ACE is not the top stock in its sector, it holds a strong position as India’s leading crane and construction equipment manufacturer. The company continues to expand its market share and enhance its product offerings, positioning itself as a strong contender in the industry.

The company's registered office is in Palwal District, Haryana, and the registrar's office is in New Delhi. Action Construction Equipment Ltd is poised for continued growth and success in the heavy equipment sector, driven by its innovative products, strong leadership, and commitment to quality.

Vision of Action Construction Equipment Ltd

Action Construction Equipment Ltd (ACE) envisions becoming a global leader in the construction equipment sector. The company aims to achieve this through innovation and a solid commitment to customer satisfaction. Its vision is to set new benchmarks in the industry, ensuring that its products and services meet the highest standards.

The company focuses on creating value for its stakeholders. This includes customers and the communities where it operates. ACE believes in building long-term relationships based on trust and mutual benefit. The vision includes delivering superior products and services that enhance the efficiency and productivity of its customers.

Sustainability is at the core of ACE’s vision. The company is committed to reducing its environmental footprint through eco-friendly practices. This includes using renewable resources and promoting energy efficiency. The vision is to create a sustainable future where business growth aligns with environmental stewardship.

Innovation drives the company’s vision. ACE invests heavily in research and development to stay ahead of industry trends. The goal is to improve product quality and introduce new, innovative solutions continuously. The company believes that innovation is key to maintaining a competitive edge and meeting the evolving needs of the construction sector.

Customer satisfaction is a key aspect of the company’s vision. ACE aims to exceed customer expectations with its products and services. The company believes in understanding customer needs and providing tailored solutions. This customer-centric approach helps in building strong, long-term relationships.

The company also envisions expanding its global footprint. ACE aims to reach new markets and establish a solid international presence. The vision includes becoming a preferred partner for construction companies worldwide. The company plans to achieve this through strategic partnerships and collaborations.

Employee development is another important aspect of the vision. ACE aims to create a supportive and inclusive work environment. The company believes in nurturing talent and providing growth opportunities. This approach helps in building a motivated and skilled workforce.

The company also focuses on community engagement. ACE aims to contribute positively to the communities where it operates. This includes supporting local initiatives and promoting social responsibility. The company believes in giving back to society and making a difference.

ACE envisions leveraging technology to enhance its operations. The company aims to adopt advanced technologies to improve efficiency and productivity. This includes using automation and digital tools to streamline processes. The vision is to create an innovative and efficient manufacturing environment.

ACE envisions fostering a culture of innovation and excellence. The company aims to encourage creativity and out-of-the-box thinking. The vision includes creating an environment where new ideas are welcomed and nurtured. This helps in driving continuous improvement and growth.

ACE’s vision includes achieving financial growth and stability. The company aims to deliver consistent returns to its shareholders. The vision includes strategic investments and prudent financial management. The company believes in creating long-term value for its stakeholders.