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Earnings Call

Action Construction Equipment Earnings Call: Key Takeaways

ACE delivered a resilient FY26 with record EBITDA margins despite flat revenue. The narrative focuses on margin protection via aggressive price hikes and strategic diversification into defense and heavy cranes to offset core volume volatility.

Highlights
Revenue growthFlat YoY at ₹3,395cr; Q4 up 5.58% YoY.
MarginsStructural expansion to 18.33% EBITDA margin via premiumization.
Order book₹575cr defense order book pending execution.
Demand visibilityStrong Q1 visibility in tower cranes; core segment normalization expected.
Management confidenceBalanced; cautious on macro but bullish on niche segments.

Growth

Revenue remained flat YoY at ₹3,395cr; however, EBITDA grew 4% driven by an 81bps margin expansion.

Outlook

Guided ₹6,000cr+ revenue by FY29-30, supported by ₹200cr capex and new heavy crane JV.

Risks

Substantial input cost volatility in steel and rupee depreciation threaten future volume and margin stability.

Source

Earnings Call filed with BSE, NSE: ACE. Summary written with AI assistance from the document.

Read the document ↗

Action Construction Equipment Ltd: key numbers

Share price
₹1,196.75
Market cap
₹14,251 Cr
Revenue (annual)
₹3,280 Cr
Net profit (annual)
₹415.1 Cr
P/E (TTM)
32.6×Sector 32.5×
Promoter holding
65.42%+0.00% QoQ
FII holding
8.46%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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