Action Construction Equipment Ltd.
Snapshot View

189.50 +0.65 ▲0.3%

27 May 2022, 04:01:00 PM
Volume: 14,567

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.ace-cranes.com
Market Cap 2,273.30 Cr.
Enterprise Value(EV) 2,249.93 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 8.82 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 21.49 Trailing Twelve Months Ending 2022-03
Industry PE 30.18 Trailing Twelve Months Ending 2022-03
Book Value / Share 63.33 Trailing Twelve Months Ending 2022-03
Price to Book Value 2.99 Calculated using Price: 189.50
Dividend Yield 0.31 Period Ending 2021-03
No. of Shares Subscribed 11.91 Cr. 119,083,196 Shares
FaceValue 2
Company Profile

Action Construction Equipment (ACE) Company was promoted by Vijay Agarwal and his wife Mona Agarwal. It was incorporated on January 13, 1995 as a ‘Private Limited Company’ and was converted into a ‘Public Limited Company on October 4, 2005.

Action Construction Equipment Limited is the leading mobile crane manufacturing company in India, which has progressed all along to become a professionally managed ISO 9OOI Certified company. ACE is promoted by a technocrat, assisted by a team of experienced managers and engineers.

The company is more than a decade old enterprise and started with manufacturing of Hydraulic Mobile Cranes of different capacities under the brand name of ‘ACE’ at industrial township of Faridabad. ACE equipment is being successfully used in many industrial sectors like infrastructure, construction, roads, engineering industry, coal mines, chemical and fertilizer plants, power stations, ports, heavy project engineering industry, railways, cement industry, oil industry, defence etc. to name a few. ACE range of cranes can be adapted to satisfy a vast range of possible applications due to their versatility.

ACE products are supported by an all-India sales and service dealers network located at all the major locations. These outlets are fully equipped to provide genuine spare parts and services by company trained engineers. These dealership outlets are further supported by a dedicated product support division located at Faridabad and company offices located at Delhi, Mumbai, Chennai, Kolkatta, Vizag, Raipur, Ranchi and Trichy. It ensures the fastest supply of spare parts and services, which is unmatched in the industry.

In its endeavor to grow the business and offer quality products, the company has entered into series of marketing tie-ups with leading foreign companies like Autogru PM-Italy, Zoomlion-China, Maber-Italy, Tigieffe SRL-Italy, which facilitate the availability of latest technology and machines from around the world

The company has sold its equipment to most of the leading private and government sector companies in India such as Reliance Industries Ltd., Mumbai, Punj Lloyd Limited, New Delhi , ACC Limited, (M.P.) , Cimmco Birla Limited , Shapoorji Pallonji Co. Ltd., Mumbai, Central Coalfields Ltd., Ranchi , Western Coalfields Ltd., Nagpur , South Eastern Coalfields Ltd., Bilaspur, Northern Coalfields Ltd., Singrauli, S.C.C.L., Kothagudem Colleries , Jyoti Structures Ltd., Nasik, Express Crane Hiring Co., Baroda, Grasim Industries Limited, Dharwad, Humphreys & Glasgow Consultants Ltd., Mumbai, Steel Products Ltd., New Delhi, etc. Products of the company are also being exported to U.A.E., Qatar, Sultanate of Oman, Kuwait, South Africa, Kenya, Nigeria, Mauritius, Sri Lanka, Nepal, Bhutan, Bangladesh, Singapore and Portugal.

The company has an in-house R&D department, which has been working consistently for improving and upgrading the existing range of products and continuously working towards developing new products.

Product Range of the company includes:

  • Hydraulic Mobile Pick-n-Move Cranes -- it include 3X, Rhino-60, 90 and 120, 12XW, 15XW,20XW
  • Forklift Truck
  • Loaders including Front end loaderFEL-75, Backhoe loader
  • Tower cranes -- Mobile Tower Crane-2418 and 3625
  • Aerial Work Platforms
  • Mast Climbing Platforms / Lifts
  • Lorry Loaders / Truck Mounted Cranes
  • In 2011 the Company Launched new Model 15XW E -ACE launched its new generation pick & carry cranes models.

Awards/Achievements

  • The company has been awarded with CNBC TV18 Emerging India Award in the “Infrastructure” Category for the year 2006 sponsored by ICICI Bank and powered by CRISIL.
  • ACE has been certified as an ISO 9001 company by CVI.
  • In 2008 the company signed a Memorandum of Understanding with a Chinese company

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.34%
1 Week
+0.56%
1 Month
-22.22%
3 Month
-11.94%
6 Month
-12.27%
1 Year
+16.08%
2 Year
+301.48%
5 Year
+199.60%
10 Year
+571.99%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 2.74 1.50 2.30 3.57 4.77 14.53 13.67 11.92 16.52
Return on Capital Employed (%) 5.46 3.93 5.66 7.45 8.23 19.28 20.13 16.27 21.81
Return on Assets (%) 1.03 0.56 0.87 1.41 2.16 6.97 6.58 5.70 7.94

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 286 287 292 313 334 382 438 443 523 754
Non Curr. Liab. 31 48 46 47 80 84 55 47 38 17
Curr. Liab. 290 269 272 260 263 350 394 464 494 511
Minority Int. 0 0 0 0 0 0 0 0 0 0
Equity & Liab. 607 605 609 620 677 817 887 954 1,055 1,282
Non Curr. Assets 322 319 350 370 404 421 440 467 465 568
Curr. Assets 285 285 260 250 272 396 446 486 591 715
Misc. Exp. not W/O 0 0 0 0
Total Assets 607 605 609 620 677 817 887 954 1,055 1,282

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 668 616 599 637 751 1,087 1,343 1,156 1,227 1,630
Other Income 5 5 12 10 8 8 10 4 15 15
Total Income 673 622 611 647 759 1,095 1,352 1,160 1,242 1,645
Total Expenditure -639 -591 -580 -607 -712 -995 -1,245 -1,065 -1,108 -1,478
PBIDT 34 30 31 40 47 99 107 96 134 166
Interest -10 -10 -13 -14 -16 -14 -12 -15 -12 -14
Depreciation -14 -15 -10 -11 -12 -12 -12 -13 -14 -15
Taxation -4 -1 -3 -6 -5 -22 -28 -16 -28 -32
Exceptional Items
PAT 6 3 5 9 14 52 56 52 80 105
Minority Interest 1 1 1 1 -1 0 0 0 0 0
Share Associate 0
Other Related Items
Consolidated Net Profit 7 5 7 10 13 52 56 52 80 105
Adjusted EPS 1 0 1 1 1 4 5 5 7 9

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 15 43 38 40 57 76 89 72 48 86
Cash Fr. Inv. -72 -46 -21 -14 -25 -17 -35 -27 -20 -16
Cash Fr. Finan. 54 -2 -19 -26 -33 -57 -53 -44 -33 -40
Net Change -3 -4 -3 -1 -1 2 1 2 -5 30
Cash & Cash Eqvt 22 17 15 14 14 6 7 8 3 33

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 72.42 72.43 73.02 73.14 70.05 70.05 66.76 66.76 66.76
Public 27.58 27.57 26.98 26.86 29.95 29.95 33.24 33.24 33.24
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 26 May 2022
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith Earnings Call Transcript (Q4&FY22) of the Company
Wed, 25 May 2022
Audio Recording Of Earnings Conference Call Pertaining To The Financial Results For The Quarter And Financial Year Ended March 31 2022.
Pursuant to Regulation 46 & 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find below the link of audio recording of earnings conference call pertaining to the financial results of the company for the Quarter and year ended March 31 2022 held on Tuesday May 24 2022. The Results were approved by the board at its Meeting held on May 23 2022.
Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulations 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are enclosing herewith copies of the newspaper advertisement published in the FINANCIAL EXPRESS (English) and JANSATTA (Hindi) on May 24 2022 for the Audited Financial Results for the quarter/ Year ended March 31 2022

Technical Scans View Details

Fri, 27 May 2022
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 2 Years High Increase 2 Years
High Increase 5 Years High Increase 5 Years
ROC Trending Up ROC Trending Up

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