Action Construction Equipment Ltd (ACE) has declared a final dividend of ₹2 per share for the year, along with strong financials for the quarter ended March 2025. The company continues to reflect on its growth in revenue and profitability, affirming its leadership position in India's construction equipment industry.
Dividend Declaration
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The Board has declared a final dividend for the year of ₹2 per share, twofold of last year's dividend and demonstrating the company's growth and shareholder-centricity on a sustained basis.
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Ex-dividend date is August 19, 2024; shareholders as on record date of August 20, 2024, shall be entitled to receive the dividend.
March Quarter (Q4 FY25) Financial Performance
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Consolidated Revenue: ACE registered consolidated revenue from operations of ₹9.61 billion (₹961 crore) for the quarter ending March 2025, representing a strong year-on-year improvement.
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Net Profit: Consolidated net profit for the period was at ₹1.19 billion (₹119 crore), reflecting better profitability and operating efficiency.
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Earnings Per Share (EPS): EPS for the period also recorded a dramatic increase, showing the strong bottom-line performance of the company.
Recent Financial Trends
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ACE has demonstrated steady growth in revenues and profits over the last few quarters, supported by robust demand in construction and infrastructure segments.
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The company's cost management while increasing its sales reach has played a key role in better margins and shareholders' returns.
Further Observations
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Market Position: ACE is still a leading producer of cranes, forklifts, tractors, and other construction machinery, with a solid presence in mining, agriculture, and infrastructure segments.
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Share Price: The share price of the company on May 25, 2025, is approximately ₹1,270, indicating confidence of the market and positive investor sentiment.
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Dividend History: The dividend of ₹2 per share is the highest in recent history, highlighting the company's intent to reward shareholders as the bottom line increases.
Sources: Moneycontrol, INDmoney, BlinkX, Kotak Securities