SV

Street Verdict

Analyst Scorecard

ACE · NSE

Action Construction Equipment Limited

₹1,229.2

+1.96% (+₹23.6)

Prev. close

₹1,205.6

Volume

8,81,443

Delivery %

36.4%

As of

18 Sept 2026

Price history

Bullish

ICICI Securities Analysis · ICICI Securities · 09 Jul 2026

“Bullish on Action Construction Equipment, setting a target price of ₹1,360 against a CMP of ₹1,005, indicating a 35% upside. The company is India's leading manufacturer of material handling and construction equipment, with strong leadership in mobile and tower cranes, and is targeting 15-16% EBITDA margins.”

Published mid-session at 14:35 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹1,360NOT GRADEDCall pageClear
₹1,229.2+₹252.6 (+25.87%) · CALL
09 Jul 2026 → 18 Sept 2026
Target ₹1,360Entry ₹976.609 Jul24 Jul18 Aug02 Sept18 SeptCall published 14:35
ICICI Securities Analysis's call · 09 Jul 2026

Analyst sentiment

Analysts lean bullish

2 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (2)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
“Bullish on Action Construction Equipment, setting a target price of ₹1,360 against a CMP of ₹1,005, indicating a 35% ups…”ICICI Securities AnalysisICICI SecuritiesAction Construction EquipmentNOT GRADED
“Bullish on Action Construction Equipment, setting a target price of ₹1,360 against a CMP of ₹1,005, indicating a 35% upside. The company is India's leading manufacturer of material handling and construction equipment, with strong leadership in mobile and tower cranes, and is targeting 15-16% EBITDA margins.”
Target ₹1,360Track opinion →

This call couldn't be objectively graded against market data.

Read the original article

Fundamentals

About Action Construction Equipment Limited

Action Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India and internationally. The company operates through two segments: Crane, Material Handling and Construction equipment, and Agri Equipment. It also offers mobile cranes, truck mounted cranes, crawler cranes, rough terrain hydraulic mobile cranes, material handling equipment like forklift trucks, mobile tower cranes, telehandlers, scissor lift, aerial work platform, tower cranes, piling rigs, concrete placing booms, backhoe loaders, compactors, road equipment, vibratory rollers, wheeled loaders, warehousing equipment, pick and carry cranes, and motor graders; and agriculture equipment, such as tractors, track harvesters, balers, rotavators, etc., as well as other construction equipment. It serves various infrastructure construction, power projects, ports and shipyards, dams, metro rail, roads, mining, steel industry, engineering industry, railways, cement, petroleum, defense, chemicals and fertilizer plants, warehousing, logistics, and building construction sectors. Action Construction Equipment Limited was incorporated in 1995 and is headquartered in Palwal, India.

Details

Sector

Industrials

Industry

Farm & Heavy Construction Machinery

CEO

Mr. Chetan R. Gole

Headquarters

Palwal

Employees

1,500

Key stats

Market cap

₹14,630.91 Cr

P/E ratio (TTM)

33.5

Dividend yield

0.17%

EPS (TTM)

₹36.65

Beta (1Y · daily vs NIFTY 50)

1.03

Beta (5Y · monthly vs NIFTY 50)

1.13

Shares float

3.75 Cr

EPS · quarter ended Jun 2026

₹10.04

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr₹-20%0%20%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.1% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

010203040₹FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

01122₹-100%-50%0%50%100%20 Mar 2025 Aug 2109 Sept 2217 Aug 2319 Aug 2414 Aug 2503 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: Yahoo (no NSE corporate-actions ledger for this listing).

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr₹0×0.5×1×1.5×2×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr₹FY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-200 Cr0 Cr200 Cr400 Cr₹FY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,227.15 Cr₹1,629.58 Cr₹2,159.68 Cr₹2,913.80 Cr₹3,327.05 Cr₹3,280.44 Cr
EBITDA₹134.29 Cr₹166.46 Cr₹262.04 Cr₹480.35 Cr₹606.08 Cr₹614.01 Cr
₹79.83 Cr₹105.02 Cr₹171.61 Cr₹328.16 Cr₹409.22 Cr₹415.09 Cr
Diluted EPS₹7.03₹9.02₹14.41₹27.56₹34.37₹34.87

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,055.29 Cr₹1,282.37 Cr₹1,600.00 Cr₹2,169.00 Cr₹2,710.00 Cr₹3,251.00 Cr
₹54.58 Cr₹31.02 Cr₹7.45 Cr₹4.46 Cr₹16.44 Cr₹7.91 Cr
Stockholders' equity₹523.27 Cr₹754.09 Cr₹919.00 Cr₹1,230.00 Cr₹1,615.00 Cr₹2,011.00 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹86.11 Cr₹108.96 Cr₹274.27 Cr₹433.43 Cr₹411.98 Cr₹417.27 Cr
Investing cash flow₹-16.23 Cr₹-201.48 Cr₹-217.50 Cr₹-368.23 Cr₹-382.69 Cr₹-349.89 Cr
₹-40.39 Cr₹65.36 Cr₹-41.01 Cr₹-38.66 Cr₹-28.99 Cr₹-51.91 Cr
Capital expenditure₹-47.33 Cr₹-187.53 Cr₹-73.87 Cr₹-175.05 Cr₹-221.00 Cr₹-93.26 Cr
End cash position₹32.89 Cr₹5.72 Cr₹21.48 Cr₹48.21 Cr₹48.84 Cr₹64.31 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21–Jun 23(8Q)Sep 23Dec 23–Mar 24(2Q)Jun 24Sep 24Dec 24–Mar 25(2Q)Jun 25Sep 25–Dec 25(2Q)Mar 26Jun 26
Promoter66.76%66.76%66.76%65.41%65.41%65.41%65.41%65.42%65.42%65.42%
Public33.24%33.21%33.18%34.53%34.52%34.52%34.52%34.52%34.52%34.53%
Employee trusts0.00%0.03%0.06%0.06%0.06%0.07%0.06%0.06%0.05%0.05%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,920—26.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
Action Construction Equipment Limited₹14,350.00 Cr₹1,229.232.97.1420.6%0.00-1.4%+7.3%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

IPO documents

Annual reports

Show all 20

Concall transcripts

Show all 11

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

23 indices

Nifty Smallcap250 Momentum Quality 100· 0.5%Nifty500 Quality 50· 0.2%BSE 250 SmallCap Index· 0.2%BSE Industrials· 0.2%Nifty Smallcap 500· 0.2%Nifty India Infrastructure & Logistics· 0.1%Nifty500 Shariah· 0.1%BSE 400 MidSmallCap Index· 0.1%Nifty MidSmallcap 400· 0.1%Nifty MidSmallcap400 50:50· 0.1%BSE 500· 0.0%Nifty 500· 0.0%

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

ACE

Action Construction Equipment: 32nd AGM & FY26 Annual Report

Action Construction Equipment Limited has dispatched the notice for its 32nd Annual General Meeting (AGM), scheduled for September 18, 2026. The company is also distributing its Annual Report for the financial year 2025-26. These documents are being sent electronically to shareholders.

4 days ago·Read at InvestyWise
ACE

Construction Equipment Sales August 2026: Retail Sales Rise 31%; JCB Holds 50% Market Share

Autopunditz · 10 days ago