Action Construction Equipments Ltd

Action Construction Equipment is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler cranes, Truck mounted cranes, Material Handling equipment like Forklifts, Road construction equipment like Backhoe loaders, Compactors, Motor graders and agriculture equipment like Tractors, Harvesters, Rotavators etc.

Pros:
Company has reduced debt.
Company is virtually debt free.
Company is expected to give good quarter
Company has good consistent profit growth of 48.88% over 5 years
Company has been maintaining a healthy dividend payout of 20.70%
Cons:
Company has a low return on equity of 6.96% for last 3 years.

Peer Comparison Sector: Capital Goods-Non Electrical Equipment // Industry: Engineering

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019
154 179 188 230 189 251 279 367 336 344 363 300
145 169 177 221 180 234 252 329 309 323 337 276
Operating Profit 9 10 11 9 9 17 27 38 27 21 26 24
OPM % 6% 6% 6% 4% 5% 7% 10% 10% 8% 6% 7% 8%
Other Income 1 2 2 2 2 2 2 2 2 3 3 2
Interest 4 4 4 5 3 3 3 3 3 3 4 2
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 4 6 6 4 5 13 22 34 23 19 22 21
Tax % 26% 20% 21% 45% 20% 16% 27% 38% 28% 33% 32% 41%
Net Profit 3 4 5 2 4 11 16 21 17 12 15 12
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
245 401 429 427 694 856 668 615 598 637 751 1,086 1,342
219 361 407 392 633 803 638 575 577 606 711 994 1,245
Operating Profit 26 40 21 35 61 52 30 39 21 31 40 92 98
OPM % 11% 10% 5% 8% 9% 6% 4% 6% 4% 5% 5% 8% 7%
Other Income 4 11 19 7 5 5 5 -9 11 9 8 8 10
Interest 1 2 4 4 5 7 10 10 13 14 16 14 12
Depreciation 1 3 6 5 7 11 14 15 10 11 12 12 12
Profit before tax 28 46 30 33 54 38 11 5 10 15 20 75 84
Tax % 29% 21% 25% 25% 25% 26% 35% 21% 29% 42% 26% 29%
Net Profit 20 36 23 24 41 28 7 4 7 9 14 53 56
EPS in Rs 2.11 3.90 2.46 2.55 4.04 2.84 0.70 0.39 0.64 0.70 1.23 4.49
Dividend Payout % 27% 20% 16% 37% 46% 7% 27% 25% 29% 27% 24% 11%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:10.48%
5 Years:10.22%
3 Years:22.05%
TTM:23.56%
Compounded Profit Growth
10 Years:3.72%
5 Years:48.88%
3 Years:129.34%
TTM:6.69%
Return on Equity
10 Years:7.32%
5 Years:4.88%
3 Years:6.96%
Last Year:13.70%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
18 18 18 18 19 20 20 20 20 54 23 23 23
Reserves 93 120 139 153 244 278 284 288 293 283 334 382 414
Borrowings 8 21 39 30 72 145 156 150 138 124 114 78 44
65 84 87 120 162 152 162 165 178 212 236 361 403
Total Liabilities 184 244 283 322 496 595 622 622 629 643 706 845 884
28 63 69 72 152 227 251 268 274 306 337 330 334
CWIP 1 4 0 38 3 5 10 2 6 1 6 4 7
Investments 0 0 1 2 8 10 16 15 18 21 34 50 51
155 177 213 209 333 353 345 337 331 315 330 461 492
Total Assets 184 244 283 322 496 595 622 622 629 643 706 845 884

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
19 36 -10 32 -0 16 42 37 39 57 76 89
-17 -38 -4 -16 -32 -73 -45 -20 -14 -25 -18 -35
31 -17 10 -16 37 54 -2 -19 -26 -33 -57 -53
Net Cash Flow 33 -19 -3 1 5 -3 -4 -2 -1 -0 2 1

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 36% 34% 19% 18% 22% 12% 5% 3% 4% 6% 8% 18%
Debtor Days 58 48 45 44 44 36 46 41 49 47 50 57
Inventory Turnover 13.15 13.71 10.16 7.97 7.82 6.67 4.79 4.05 3.96 4.82 6.35 8.45