Action Construction Equipment Ltd.
Snapshot View

254.25 -3.70 ▼-1.4%

02 August 2021, 04:00:00 P.M.
Volume: 145,252

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.ace-cranes.com
Financial Indicators
Market Cap 2,898.93 Cr.
Earnings per share (EPS) 9.11 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 28.03 Trailing Twelve Months Ending 2021-06
Industry PE 68.25 Trailing Twelve Months Ending 2021-06
Book Value / Share 47.81 Trailing Twelve Months Ending 2021-06
Price to Book Value 5.34 Calculated using Price: 255.45
Dividend Yield 0.20 Period Ending 2020-03
No. of Shares Subscribed 11.35 Cr. 113,483,196 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
-1.43%
1 Week
-3.49%
1 Month
+9.21%
3 Month
+74.80%
6 Month
+63.72%
1 Year
+350.80%
2 Year
+242.42%
5 Year
+441.53%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.20 2.74 1.50 2.30 3.57 4.77 14.53 13.67 11.92
Return on Capital Employed (%) 14.02 5.46 3.93 5.66 7.45 8.23 19.28 20.13 16.27
Return on Assets (%) 5.05 1.03 0.56 0.87 1.41 2.16 6.97 6.58 5.70

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 281 286 287 292 313 334 382 438 443
Non Curr. Liab. 31 31 48 46 47 80 84 55 47
Curr. Liab. 268 290 269 272 260 263 350 394 464
Minority Int. 0 0 0 0 0 0 0 0 0
Equity & Liab. 580 607 605 609 620 677 817 887 954
Non Curr. Assets 288 322 319 350 370 404 421 440 467
Curr. Assets 292 285 285 260 250 272 396 446 486
Misc. Exp. not W/O 0 0 0 0 0
Total Assets 580 607 605 609 620 677 817 887 954

Profit Loss View Details

Particulars 9 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.
Net Sales 857 668 616 599 637 751 1,087 1,343 1,156
Other Income 5 5 5 12 10 8 8 10 4
Total Income 861 673 622 611 647 759 1,095 1,352 1,160
Total Expenditure -804 -639 -591 -580 -607 -712 -995 -1,245 -1,065
PBIDT 57 34 30 31 40 47 99 107 96
Interest -7 -10 -10 -13 -14 -16 -14 -12 -15
Depreciation -13 -14 -15 -10 -11 -12 -12 -12 -13
Taxation -10 -4 -1 -3 -6 -5 -22 -28 -16
Exceptional Items
PAT 27 6 3 5 9 14 52 56 52

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 15 43 38 40 57 76 89 72 48
Cash Fr. Inv. -72 -46 -21 -14 -25 -17 -35 -27 -20
Cash Fr. Finan. 54 -2 -19 -26 -33 -57 -53 -44 -33
Net Change -3 -4 -3 -1 -1 2 1 2 -5
Cash & Cash Eqvt 22 17 15 14 14 6 7 8 3

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 69.99 70.87 72.25 72.42 72.43 73.02 73.14 70.05 70.05
Public 30.01 29.13 27.75 27.58 27.57 26.98 26.86 29.95 29.95
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

Mon, 02 Aug 2021
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 August 1 2021 for the Un-Audited Financial Results for the quarter ended June 30 2021.
Mon, 02 Aug 2021
27Th Annual General Meeting (AGM) Of The Company Is Scheduled To Be Held On Friday September 03 2021 At 12:00 Noon.
This is to inform you that the 27th Annual General Meeting (AGM) of the Company is scheduled to be held on Friday September 03 2021 at 12:00 Noon through Video Conferencing/Other Audio Visual Means.
Mon, 02 Aug 2021
Cut-Off Date For E-Voting.
Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and such other provisions as may be applicable Friday August 27 2021 is the cut-off date for determining the Members who shall be entitled to vote through remote e-voting or e-voting at the AGM.

Technical Scans View Details

Mon, 02 Aug 2021
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Close Within 52 Week High Zone Close Within 52 Week High Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
CCI Bearish CCI Bearish
MFI Bearish MFI Bearish

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