Action Const Equip Ltd
NSE: ACE · Construction Vehicles · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in Construction Vehicles (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹637 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 32.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 26% of net profit in the last 12 months.
- Debtor days went from 21 (FY24) to 32 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,011.30 on 2026-10-26: -20.2% from the 52-week high, +35.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 757 | 875 | 961 | 652 | 744 | 855 | 1,029 | 786 |
| EBITDA | 109 | 135 | 164 | 93 | 109 | 130 | 172 | 118 |
| OPM % | 14.3% | 15.4% | 17.0% | 14.2% | 14.6% | 15.2% | 16.7% | 15.0% |
| Other income | 34 | 30 | 8 | 51 | 29 | 36 | -6 | 55 |
| Net profit | 95 | 112 | 119 | 98 | 90 | 116 | 111 | 119 |
| EPS (₹) | 7.97 | 9.38 | 9.97 | 8.21 | 7.57 | 9.78 | 9.32 | 10.04 |
| Revenue YoY | -1.6% | -2.3% | +7.1% | +20.5% | ||||
| Profit YoY | -5.0% | +4.2% | -6.5% | +22.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,630 | 2,160 | 2,914 | 3,327 | 3,280 | 3,414 |
| EBITDA | 151 | 221 | 403 | 506 | 504 | 529 |
| Net profit | 105 | 172 | 328 | 409 | 415 | 437 |
| EPS (₹) | 9.02 | 14.41 | 27.56 | 34.39 | 34.88 | 36.71 |
| Revenue growth | +32.5% | +34.9% | +14.2% | -1.4% | +5.2% | |
| Profit growth | +63.4% | +91.2% | +24.7% | +1.4% | +3.3% | |
| Dividend / share (₹) | 0.50 | 0.60 | 1.00 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +15.0% | +21.7% | +5.2% |
| Net profit | +34.2% | +39.1% | +3.3% |
| EPS | +34.3% | +37.8% | – |
| Share price | – | -11.9% (2y) | -3.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 919 | 1,230 | 1,615 | 2,011 |
| Borrowings | – | 6 | 4 | 15 | 0 |
| Cash & equivalents | – | 261 | 480 | 431 | 637 |
| Total assets | – | 1,600 | 2,169 | 2,711 | 3,252 |
| Fixed assets | – | 473 | 560 | 698 | 763 |
| Capital work in progress | – | 24 | 44 | 28 | 48 |
| Investments | – | 137 | 225 | 543 | 723 |
| Receivables | – | 169 | 164 | 265 | 284 |
| Inventory | – | 419 | 553 | 515 | 605 |
| Payables | – | 501 | 688 | 809 | 916 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 109 | 274 | 433 | 412 | 417 |
| Cash from investing | -201 | -218 | -368 | -383 | -350 |
| Cash from financing | 65 | -41 | -39 | -29 | -52 |
| Capex | 40 | 74 | 175 | 221 | 93 |
| Free cash flow | 69 | 200 | 258 | 191 | 324 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 18.7% | 26.7% | 25.3% | 20.6% |
| ROCE % | – | 26.4% | 37.1% | 35.5% | 28.8% |
| Debtor days | – | 29 | 21 | 29 | 32 |
| Inventory days | – | 99 | 100 | 83 | 100 |
| Payable days | – | 119 | 124 | 130 | 151 |
| Cash conversion cycle (days) | – | 9 | -3 | -18 | -19 |
| Working capital days | – | 42 | 44 | 26 | 45 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.42% |
| FIIs | 8.46% |
| DIIs | 3.05% |
| of which Mutual funds | 1.95% |
| of which Insurance | 0.35% |
| Public (non-institutions) | 23.03% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.41% | 65.41% | 65.41% | 65.42% | 65.42% | 65.42% | 65.42% | 65.42% |
| Promoter group | % |
|---|---|
| Mr. Vijay Agarwal | 28.76% |
| Mrs. Mona Agarwal | 24.65% |
| Mr. Sorab Agarwal | 6.15% |
| Mrs.Surbhi Garg | 5.82% |
| Mrs. Anuradha Garg | 0.04% |
| Public holders above 1% | % |
|---|---|
| Massachusetts Institute of Technolgy | 1.84% |
| Chander Bhatia | 1.26% |
1,79,076 shareholders. Pledged: 0.00% of promoter shares.
Peers in Construction Vehicles
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BEML | ₹15,363 cr | 86.1x | 5.2x | 2.8% | 8.8% | 7.7% | +3.7% | 0.58% |
| ACE | ₹12,045 cr | 27.6x | 6.0x | 24.1% | 30.1% | 15.5% | +14.9% | 0.20% |
| AJAXENGG | ₹6,052 cr | 26.6x | 4.3x | 17.9% | 21.9% | 12.3% | – | – |
| TIL | ₹1,559 cr | – | 14.0x | -31.8% | 2.2% | 3.2% | +94.7% | – |
| INDOFARM | ₹557 cr | 22.3x | 1.0x | 4.6% | 7.4% | 13.1% | – | – |
| BRADYM | ₹119 cr | 24.6x | 2.2x | 9.6% | 12.3% | 7.5% | +6.6% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Cranes, Material Handling and Construction Equipment | ₹2,953 cr | 89.7% | ₹550 cr | 18.6% |
| Agriculture Equipment | ₹262 cr | 8.0% | ₹2 cr | 1.0% |
| Others | ₹76 cr | 2.3% | ₹20 cr | 25.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-03 | Dividend | Dividend - Rs 2 Per Share |
| 2025-08-14 | Dividend | Dividend - Rs 2 Per Share |
| 2024-08-19 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-08-17 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-09-09 | Dividend | Annual General Meeting/Dividend - Re 0.60 Per Share |
| 2021-08-25 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2020-09-15 | Other | Annual General Meeting |
| 2020-03-20 | Dividend | Interim Dividend Rs - 0.50 Per Share |
| 2019-09-18 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2018-09-18 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2018-06-14 | Other | Meeting Of Equity Shareholders |
| 2017-09-20 | Dividend | Annual General Meeting/Dividend - Re 0.30 Per Share |
| 2016-09-14 | Other | Annual General Meeting |
| 2016-03-22 | Dividend | Interim Dividend - Re 0.20/- Per Share (Purpose Revised) |
| 2015-09-15 | Dividend | Annual General Meeting/ Dividend - Re 0.20/- Per Share |
| 2014-07-23 | Dividend | Annual General Meeting / Final Dividend - Re 0.10/- Per Share |
| 2013-08-14 | Dividend | Annual General Meeting / Dividend - Re.0.20/- Per Equity Share |
| 2012-09-21 | Dividend | Annual General Meeting/Dividend Rs.0.20 Per Share |
| 2011-09-14 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2011-02-11 | Dividend | Interim Dividend-Re.1/- Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing, sale, marketing and customer supports of construction equipment products and agri machinery products.
| Sector | Industrials |
| Industry | Construction Vehicles |
| Sub-industry | Construction Vehicles |
| Symbol | ACE |
| BSE code | 532762 |
| ISIN | INE731H01025 |
| Face value | ₹2.0 |
| Incorporated | 1995-01-13 |
| Website | www.ace-cranes.com |
| Plants (India / abroad) | 8 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.