Action Construction Equipment Ltd

Action Construction Equipment Ltd

₹ 972 -1.52%
18 Nov 4:01 p.m.
About

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.

It was incorporated in 1995 and concluded its IPO in 2006.[1]

Key Points

Market Leadership
The company is the world’s largest Pick & Carry crane manufacturer with a 63%+ market share in the Mobile cranes segment in India and a 60%+ market share in the Tower Cranes segment domestically. [1] It is also India’s leading Forklift Manufacturer with a 19% market share and captured a 10%+ market share for tractors in Assam. [2] [3]

  • Market Cap 11,577 Cr.
  • Current Price 972
  • High / Low 1,600 / 917
  • Stock P/E 27.2
  • Book Value 149
  • Dividend Yield 0.21 %
  • ROCE 40.1 %
  • ROE 28.5 %
  • Face Value 2.00

Pros

  • 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 17.8% of last 10 years

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
491 555 613 650 672 753 836 734 754 873 959 652 741
446 493 539 569 583 650 706 635 646 743 796 560 630
Operating Profit 45 63 73 81 89 103 130 98 108 131 163 92 111
OPM % 9% 11% 12% 13% 13% 14% 16% 13% 14% 15% 17% 14% 15%
7 5 8 16 17 23 21 27 34 30 8 51 41
Interest 2 3 3 3 4 6 11 7 9 8 4 8 6
Depreciation 4 4 5 5 5 6 7 7 7 7 7 8 8
Profit before tax 47 60 73 89 97 115 133 111 126 145 160 127 137
Tax % 23% 26% 29% 25% 24% 23% 26% 25% 25% 26% 26% 24% 24%
36 45 52 67 74 89 98 84 94 107 118 97 104
EPS in Rs 2.99 3.75 4.37 5.65 6.19 7.43 8.24 7.03 7.92 9.00 9.94 8.13 8.72
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
615 598 637 751 1,086 1,342 1,156 1,227 1,630 2,158 2,912 3,320 3,225
575 577 606 711 994 1,245 1,064 1,108 1,478 1,933 2,508 2,821 2,730
Operating Profit 39 21 31 40 92 98 92 119 152 225 404 500 496
OPM % 6% 4% 5% 5% 8% 7% 8% 10% 9% 10% 14% 15% 15%
-9 11 9 8 8 10 4 15 11 22 76 100 130
Interest 10 13 14 16 14 12 15 12 9 10 23 29 26
Depreciation 15 10 11 12 12 12 13 14 15 18 23 28 30
Profit before tax 5 10 15 20 75 84 68 108 138 219 433 543 570
Tax % 21% 29% 42% 26% 29% 33% 23% 26% 23% 26% 24% 26%
4 7 9 14 53 56 53 80 106 161 328 404 426
EPS in Rs 0.41 0.68 0.75 1.23 4.49 4.79 4.64 7.06 8.89 13.54 27.51 33.89 35.79
Dividend Payout % 25% 29% 27% 24% 11% 10% 11% 7% 7% 7% 7% 6%
Compounded Sales Growth
10 Years: 19%
5 Years: 23%
3 Years: 27%
TTM: 5%
Compounded Profit Growth
10 Years: 57%
5 Years: 51%
3 Years: 56%
TTM: 17%
Stock Price CAGR
10 Years: 36%
5 Years: 61%
3 Years: 45%
1 Year: -19%
Return on Equity
10 Years: 20%
5 Years: 24%
3 Years: 27%
Last Year: 29%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 20 20 23 23 23 23 23 23 24 24 24 24 24
Reserves 288 293 283 334 382 414 420 501 731 885 1,196 1,573 1,752
150 138 154 114 78 53 82 55 30 7 4 15 140
164 177 180 227 354 394 426 475 494 669 931 1,075 1,063
Total Liabilities 622 628 641 698 838 884 951 1,053 1,279 1,585 2,155 2,687 2,978
268 274 306 337 330 334 405 421 443 482 574 696 741
CWIP 2 6 1 6 4 7 18 13 24 24 44 29 42
Investments 15 18 21 34 50 51 34 38 186 358 603 927 1,080
337 331 313 321 455 492 494 581 626 721 934 1,035 1,116
Total Assets 622 628 641 698 838 884 951 1,053 1,279 1,585 2,155 2,687 2,978

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
37 39 57 76 89 72 48 86 99 286 434 402
-20 -14 -25 -18 -35 -27 -20 -16 -202 -246 -368 -372
-19 -26 -33 -57 -53 -44 -33 -40 75 -41 -38 -29
Net Cash Flow -2 -1 -0 2 1 2 -5 29 -27 -0 28 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 41 49 47 50 57 39 46 67 42 29 21 30
Inventory Days 132 119 101 78 68 79 124 113 104 99 99 82
Days Payable 94 97 91 102 112 105 147 141 129 119 124 130
Cash Conversion Cycle 79 72 57 27 13 14 23 39 18 9 -4 -18
Working Capital Days -5 -16 -18 -10 1 4 3 11 18 -2 -16 -20
ROCE % 3% 4% 6% 8% 18% 20% 16% 21% 22% 27% 43% 40%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
66.76% 66.76% 66.76% 66.76% 66.76% 66.76% 65.41% 65.41% 65.41% 65.41% 65.41% 65.42%
4.97% 5.63% 6.51% 8.96% 8.81% 9.35% 10.13% 10.48% 11.90% 11.57% 11.44% 10.36%
3.44% 3.54% 3.45% 2.79% 2.61% 2.21% 1.79% 1.61% 1.76% 1.97% 2.05% 1.83%
24.84% 24.08% 23.28% 21.48% 21.77% 21.64% 22.61% 22.43% 20.86% 20.97% 21.02% 22.33%
0.00% 0.00% 0.00% 0.03% 0.06% 0.06% 0.06% 0.06% 0.07% 0.07% 0.06% 0.06%
No. of Shareholders 91,63085,31988,8301,04,2471,14,4181,31,2561,74,7171,82,6071,62,2401,66,8731,71,6471,81,766

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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