| 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:
Awards/Achievements
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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:
Awards/Achievements
| 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 |
| 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 |
| 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 |
| 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 |
|
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. |
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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 |
| Fri, 27 May 2022 |
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High Increase 5 Years
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