Image Source : ICICI Direct
Action Construction Equipment Ltd (ACE) reported stellar Q3 FY26 results with consolidated revenue from operations at ₹8.55 billion and net profit at ₹1.16 billion, fueled by robust demand in cranes, material handling, and construction gear. Strong infra push and operational efficiencies drive growth, positioning ACE as infra leader.
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Key Highlights
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Revenue Surge: Consolidated revenue from operations reached ₹8.55 billion, up ~16% YoY, led by cranes (63%+ market share) and tower cranes (60%+).
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Profit Leap: Net profit hit ₹1.16 billion, reflecting ~30% YoY growth with EBITDA margins expanding on cost efficiencies and volume gains.
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Segment Strength: Cranes, material handling, and construction equipment dominate at 94% of revenue; agriculture steady.
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Financial Health: Near debt-free balance sheet (D/E 0.07); ROCE at 40%, ROE 28.6% underscore profitability.
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Outlook Positive: Benefits from govt capex >3% GDP; FY26 growth expected flattish to single-digit with margin expansion.
Infra Tailwinds
ACE leverages India's infra surge via PM Awas Yojana and capex focus. Record volumes in pick & carry cranes solidify market dominance. Conference call on Feb 4 details strategy amid Q3 board approval.
Sources: ScanX Trade, Screener.in, TractorJunction.
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