Action Construction Equipment Ltd

Action Construction Equipment Ltd

₹ 909 1.66%
27 May 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 10,833 Cr.
  • Current Price 909
  • High / Low 1,305 / 745
  • Stock P/E 25.5
  • Book Value 0.00
  • Dividend Yield 0.22 %
  • ROCE 73.0 %
  • ROE 53.3 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 41.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.3%

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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
613 650 672 753 836 734 754 873 959 652 741 853 1,028
539 569 583 650 706 635 646 743 796 560 630 724 858
Operating Profit 73 81 89 103 130 98 108 131 163 92 111 129 170
OPM % 12% 13% 13% 14% 16% 13% 14% 15% 17% 14% 15% 15% 17%
8 16 17 23 21 27 34 30 8 51 41 36 -6
Interest 3 3 4 6 11 7 9 8 4 8 6 5 3
Depreciation 5 5 5 6 7 7 7 7 7 8 8 9 9
Profit before tax 73 89 97 115 133 111 126 145 160 127 137 151 151
Tax % 29% 25% 24% 23% 26% 25% 25% 26% 26% 24% 24% 23% 28%
52 67 74 89 98 84 94 107 118 97 104 116 109
EPS in Rs 4.37 5.65 6.19 7.43 8.24 7.03 7.92 9.00 9.94 8.13 8.72 9.73 9.14
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
598 637 751 1,086 1,342 1,156 1,227 1,630 2,158 2,912 3,320 3,274
577 606 711 994 1,245 1,064 1,108 1,478 1,933 2,508 2,821 2,773
Operating Profit 21 31 40 92 98 92 119 152 225 404 500 501
OPM % 4% 5% 5% 8% 7% 8% 10% 9% 10% 14% 15% 15%
11 9 8 8 10 4 15 11 22 76 100 121
Interest 13 14 16 14 12 15 12 9 10 23 29 22
Depreciation 10 11 12 12 12 13 14 15 18 23 28 34
Profit before tax 10 15 20 75 84 68 108 138 219 433 543 566
Tax % 29% 42% 26% 29% 33% 23% 26% 23% 26% 24% 26% 25%
7 9 14 53 56 53 80 106 161 328 404 425
EPS in Rs 0.68 0.75 1.23 4.49 4.79 4.64 7.06 8.89 13.54 27.51 33.89 35.72
Dividend Payout % 29% 27% 24% 11% 10% 11% 7% 7% 7% 7% 6% 0%
Compounded Sales Growth
10 Years: 18%
5 Years: 22%
3 Years: 15%
TTM: -1%
Compounded Profit Growth
10 Years: 51%
5 Years: 41%
3 Years: 38%
TTM: 6%
Stock Price CAGR
10 Years: 36%
5 Years: 40%
3 Years: 25%
1 Year: -30%
Return on Equity
10 Years: 25%
5 Years: 30%
3 Years: 35%
Last Year: 53%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 20 23 23 23 23 23 23 24 24 24 24 0.00
Reserves 293 283 334 382 414 420 501 731 885 1,196 1,573 0
138 154 114 78 53 82 55 30 7 4 15 0
177 180 227 354 394 426 475 494 669 931 1,075 0
Total Liabilities 628 641 698 838 884 951 1,053 1,279 1,585 2,155 2,687 0
274 306 337 330 334 405 421 443 482 574 696 0
CWIP 6 1 6 4 7 18 13 24 24 44 29 0
Investments 18 21 34 50 51 34 38 186 358 603 927 0
331 313 321 455 492 494 581 626 721 934 1,035 0
Total Assets 628 641 698 838 884 951 1,053 1,279 1,585 2,155 2,687 0

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
39 57 76 89 72 48 86 99 286 434 402 412
-14 -25 -18 -35 -27 -20 -16 -202 -246 -368 -372 -332
-26 -33 -57 -53 -44 -33 -40 75 -41 -38 -29 -51
Net Cash Flow -1 -0 2 1 2 -5 29 -27 -0 28 1 29
Free Cash Flow 27 32 61 58 50 11 70 55 224 270 209 328
CFO/OP 200% 185% 202% 113% 96% 70% 92% 87% 155% 133% 107% 113%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 49 47 50 57 39 46 67 42 29 21 30 0
Inventory Days 119 101 78 68 79 124 113 104 99 99 82 0
Days Payable 97 91 102 112 105 147 141 129 119 124 130
Cash Conversion Cycle 72 57 27 13 14 23 39 18 9 -4 -18 0
Working Capital Days -16 -18 -10 1 4 3 11 18 -2 -16 -20 0
ROCE % 4% 6% 8% 18% 20% 16% 21% 22% 27% 43% 40% 73%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Dec 2024 Feb 2026
Cranes, Construction & Material Handling Equipment Sales Volume
Units

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Agricultural Equipment Sales Volume
Units
Installed Capacity - Agri/Tractors
Units
Installed Capacity - Construction Equipment
Units
Installed Capacity - Cranes/Material Handling
Units
General Manufacturing Capacity Utilization
%
Mobile Cranes Market Share (Pick & Carry)
%
Sales and Service Locations
Locations
Tower Cranes Market Share
%
Tractor Manufacturing Capacity Utilization
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
66.76% 66.76% 66.76% 66.76% 65.41% 65.41% 65.41% 65.41% 65.41% 65.42% 65.42% 65.42%
6.51% 8.96% 8.81% 9.35% 10.13% 10.48% 11.90% 11.57% 11.44% 10.36% 10.40% 9.58%
3.45% 2.79% 2.61% 2.21% 1.79% 1.61% 1.76% 1.97% 2.05% 1.83% 1.76% 1.84%
23.28% 21.48% 21.77% 21.64% 22.61% 22.43% 20.86% 20.97% 21.02% 22.33% 22.35% 23.10%
0.00% 0.03% 0.06% 0.06% 0.06% 0.06% 0.07% 0.07% 0.06% 0.06% 0.06% 0.05%
No. of Shareholders 88,8301,04,2471,14,4181,31,2561,74,7171,82,6071,62,2401,66,8731,71,6471,81,7661,81,8461,81,542

* 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.

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Documents

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