NSE: ACE · BSE: 532762 · ISIN INE731H01025
Action Construction Equipment Limited stock analysis
Action Construction Equipment Limited ranks #205 in the TickerSutra evidence-ranked universe with a score of 69/100 and 95% data confidence. The latest captured fundamentals show ROCE of 31.6%, quarterly sales growth of 20.5% and quarterly profit growth of 22.3%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 31.6%
- Low debt/equity of 0×
- Strong CFO/EBITDA of 0.83×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,630cr | ₹151cr | ₹105cr | 9.0% |
| 2023 | ₹2,160cr | ₹221cr | ₹173cr | 10.0% |
| 2024 | ₹2,914cr | ₹404cr | ₹328cr | 14.0% |
| 2025 | ₹3,327cr | ₹506cr | ₹409cr | 15.0% |
| 2026 | ₹3,280cr | ₹504cr | ₹415cr | 15.0% |
| TTM | ₹3,414cr | ₹529cr | ₹437cr | 16.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Action Construction Equipment Limited has informed the Exchange about Schedule of meet
RoutineAction Construction Equipment Ltd - 532762 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNSE · 27 Sept 2026 · Structured filingSchedule of Analyst/Investor meet is attached herewith
Schedule of Analyst/Investor meet is attached herewith
Open original XBRL sourceAction Construction Equipment Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineShareholders meetingNSE · 19 Sept 2026Action Construction Equipment Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 18, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineAction Construction Equipment Ltd - 532762 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 19 Sept 2026Voting Results for 32nd Annual General Meeting and Scrutinizer''s Report is attached herewith
MANAGEMENT COMMENTARY
Signals from filed documents
And so if you put all of this together, it's close to about 10%, in which the last 4%, 5% is under implementation as of now. This quarter over last year, we have seen a gross margin contraction of almost 140 basis points. So is this all related to commodity cost headwinds that we are facing?
Despite favourable growth prospects, the industry continues to face challenges including commodity price volatility, rising technology costs, skilled workforce availability, and supply chain disruptions. However, ongoing investments in automation, infrastructure development, manufacturing capacity expansion, and logistics modernization are expected to sustain healthy demand growth over the medium to long term. Lookin
Our defense business also continues to progress steadily, and we have started manufacturing rough terrain forklifts in the current quarter. Further, we remain committed to developing specialized products for defense applications and expanding our participation in this strategically important sector. Action Construction Equipment Limited July 21, 2026 Page 4 of 20 Over the past few years, we have consistently invested
Against this favourable backdrop, ACE continued to strengthen its position through investments in product innovation, technology, manufacturing excellence and operational efficiency. Our comprehensive portfolio of CEV-V compliant products has been well accepted by customers and has strengthened our competitive positioning across domestic and international markets. We remain focused on enhancing product performance, f
The successful transition to CEV-V emission standards has enhanced the competitiveness of Indian-manufactured equipment in international markets. Growing acceptance of Indian engineering products, coupled with the Company's expanding product portfolio and established market presence, is expected to support export growth across multiple geographies. The increasing adoption of digitalization, automation, telematics,
Customer Satisfac- tion Opportu- nity ACE’s brand is built on “value for money”, quality, and timely service. High satisfaction drives repeat business and market leadership (ISO 9001 certified). Maintain robust service network, digital feedback platforms, continuous product reliability improvement.
But yes, that also happened May onwards. So you will see a substantial improvement in quarter 2 with respect to further the price increase that was done in May and June. In this current quarter, Q2, you will see even -- we should also see even a better average pricing.
Such developments could impact project execution timelines, increase input costs, disrupt supply chains, and affect investment decisions across key end-user industries. Infrastructure and construction projects remain susceptible to delays arising from land acquisition challenges, regulatory approvals, environmental clearances, funding constraints, contractor execution issues, and labour shortages. Prolonged delays
And you mentioned that in the last half of the June, we have taken another 4%, 5% price hike. So are we expecting margin improvement from quarter 2 onwards? Sorab Agarwal: No, no, that is not the aim.
Such developments could impact project execution timelines, increase input costs, disrupt supply chains, and affect investment decisions across key end-user industries. Infrastructure and construction projects remain susceptible to delays arising from land acquisition challenges, regulatory approvals, environmental clearances, funding constraints, contractor execution issues, and labour shortages. Prolonged delays
The audio recordings and transcript of these earning calls are posted on your Company’s website & website of the stock exchanges. Presentations made to institutional investors and financial analysts on the financial results are submitted to the stock exchanges and also uploaded on your Company’s website. Your Company has maintained consistent communication with investors at various forums.
We are just planning currently to maintain and sustain our profitability, and that is our aim. And sir, if you could just give me a breakup of how much raw material cost inflation we have seen in quarter 1 and how much we would be seeing in quarter 2 out of that 11%, if you could just break it up? Sorab Agarwal: Vyom if you want to break that 11%, 12%?
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…