Action Construction Equipment Ltd
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]
- Market Cap ₹ 3,923 Cr.
- Current Price ₹ 329
- High / Low ₹ 355 / 175
- Stock P/E 27.9
- Book Value ₹ 68.8
- Dividend Yield 0.19 %
- ROCE 22.5 %
- ROE 16.4 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 50.6% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -5.49%
* 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
695 | 857 | 668 | 616 | 599 | 637 | 751 | 1,087 | 1,343 | 1,156 | 1,227 | 1,630 | 1,937 | |
636 | 804 | 639 | 591 | 580 | 607 | 712 | 995 | 1,245 | 1,065 | 1,108 | 1,478 | 1,764 | |
Operating Profit | 59 | 53 | 29 | 25 | 19 | 31 | 39 | 92 | 98 | 92 | 119 | 151 | 172 |
OPM % | 9% | 6% | 4% | 4% | 3% | 5% | 5% | 8% | 7% | 8% | 10% | 9% | 9% |
6 | 5 | 5 | 5 | 12 | 10 | 8 | 8 | 10 | 4 | 15 | 15 | 41 | |
Interest | 5 | 7 | 10 | 10 | 13 | 14 | 16 | 14 | 12 | 15 | 12 | 14 | 11 |
Depreciation | 7 | 13 | 14 | 15 | 10 | 11 | 12 | 12 | 12 | 13 | 14 | 15 | 17 |
Profit before tax | 54 | 37 | 10 | 4 | 8 | 15 | 19 | 74 | 84 | 68 | 108 | 137 | 185 |
Tax % | 26% | 27% | 39% | 24% | 35% | 42% | 27% | 30% | 33% | 23% | 26% | 24% | |
Net Profit | 40 | 27 | 6 | 3 | 5 | 9 | 14 | 52 | 56 | 52 | 80 | 105 | 142 |
EPS in Rs | 4.48 | 3.05 | 0.75 | 0.46 | 0.67 | 0.85 | 1.31 | 4.44 | 4.78 | 4.63 | 7.03 | 8.82 | 11.77 |
Dividend Payout % | 45% | 7% | 27% | 22% | 30% | 24% | 23% | 11% | 10% | 11% | 7% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 7% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 51% |
3 Years: | 23% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 15% |
3 Years: | 59% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 20 | 20 | 20 | 20 | 54 | 23 | 41 | 23 | 23 | 23 | 24 | 24 | |
Reserves | 232 | 261 | 266 | 267 | 272 | 259 | 311 | 359 | 414 | 420 | 501 | 730 | 796 |
72 | 145 | 156 | 150 | 138 | 124 | 114 | 61 | 53 | 82 | 55 | 9 | 112 | |
166 | 155 | 166 | 168 | 180 | 213 | 229 | 373 | 396 | 429 | 477 | 519 | 526 | |
Total Liabilities | 488 | 580 | 607 | 605 | 609 | 620 | 677 | 817 | 887 | 954 | 1,055 | 1,282 | 1,458 |
159 | 232 | 257 | 274 | 283 | 315 | 346 | 337 | 341 | 412 | 429 | 452 | 447 | |
CWIP | 5 | 7 | 12 | 4 | 7 | 2 | 7 | 5 | 8 | 19 | 13 | 24 | 35 |
Investments | 5 | 8 | 13 | 12 | 14 | 17 | 18 | 35 | 45 | 28 | 31 | 179 | 222 |
319 | 334 | 325 | 314 | 305 | 286 | 305 | 439 | 493 | 494 | 582 | 627 | 755 | |
Total Assets | 488 | 580 | 607 | 605 | 609 | 620 | 677 | 817 | 887 | 954 | 1,055 | 1,282 | 1,458 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 15 | 43 | 38 | 40 | 57 | 76 | 89 | 72 | 48 | 86 | 109 | |
-31 | -72 | -46 | -21 | -14 | -25 | -17 | -35 | -27 | -20 | -16 | -201 | |
37 | 54 | -2 | -19 | -26 | -33 | -57 | -53 | -44 | -33 | -40 | 65 | |
Net Cash Flow | 5 | -3 | -4 | -3 | -1 | -0 | 2 | 1 | 2 | -5 | 30 | -27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 36 | 46 | 41 | 49 | 47 | 51 | 57 | 39 | 47 | 67 | 42 |
Inventory Days | 86 | 78 | 110 | 133 | 119 | 102 | 78 | 69 | 79 | 124 | 113 | 104 |
Days Payable | 80 | 44 | 78 | 96 | 98 | 93 | 102 | 112 | 105 | 147 | 141 | 113 |
Cash Conversion Cycle | 49 | 70 | 77 | 78 | 70 | 56 | 27 | 14 | 14 | 24 | 39 | 34 |
Working Capital Days | 50 | 48 | 51 | 55 | 35 | 28 | 2 | 1 | 6 | 16 | 21 | 19 |
ROCE % | 22% | 12% | 5% | 3% | 3% | 6% | 8% | 19% | 20% | 16% | 21% | 22% |
Documents
Announcements
- Board Meeting Intimation for Inter Alia To Consider, Approve And Take On Record The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter/Nine Months Ended On December 31, 2022. 24 Jan
- Clarification On Price Movement 23 Jan
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Clarification sought from Action Construction Equipment Ltd
23 Jan - Exchange has sought clarification from Action Construction Equipment Ltd on January 23, 2023, with reference to Movement in Volume.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jan - Read with para A of part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby enclose the copy of …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jan - Copy of certificate issued by our Registrar and Share Transfer Agents M/s Skyline Financial Services Private Limited pursuant to Regulation 74(5) of SEBI (Depositories and …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021Transcript PPT
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Aug 2021Transcript PPT
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Nov 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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May 2019TranscriptPPT
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Dec 2017TranscriptPPT
Product Portfolio
The company manufactures products for diverse customer needs :-
a. Cranes - Pick & Carry Crane, Lorry Loaders Crane, Self Erecting Tower Crane, Crawler Crane, Truck Crane and Tower Crane.
b. Construction Equipment - Backhoe Loader, Wheel Loader, Soil Compactor & Tandem Vibratory Roller and Motor Grader.
c. Material Handling - Forklift Trucks, Warehousing Equipment and Piling Rig.
d. Agriculture Equipment - Tractor, Track Combine, Wheel Harvester, and Rotovator.[1]