MarketFriction

Action Construction Equipment Ltd

NSE ACE · BSE 532762 · Construction Vehicles
₹1,212.30 -1.60%
NSE close2026-10-01
52 week range745.10 - 1,268.00
Market cap₹14,359 Cr.
P/E32.9
Nifty 500Smallcap 250 Price band 20% Delivery 36.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6737538367347578759616527448551,029786
Expenses584650706636648740797559635725857668
Operating Profit891031309910913516493109130172118
OPM %13%14%16%13%14%15%17%14%15%15%17%15%
Other Income1723212834308512936-655
Interest4611798486535
Depreciation5677777899109
Profit before tax97114133112127149161128124152153158
Tax %24%23%26%25%25%25%26%23%27%23%28%25%
Net Profit74889884951121199890116111119
EPS in Rs6.217.418.277.077.969.389.968.217.569.789.3110.03
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6377511,0871,3431,1561,2271,6302,1602,9143,3273,2803,414
Expenses6077129951,2451,0651,1081,4781,9392,5102,8212,7762,885
Operating Profit3139929892119151221404506504529
OPM %4.8%5%8%7%8%10%9%10%14%15%15%16%
Other Income108810415114177100110114
Interest141614121512101023292219
Depreciation111212121314151823283536
Profit before tax1519748468108137234434549557587
Tax %42%27%30%33%23%26%24%26%24%25%25%
Net Profit91452565280105173328409415437
EPS in Rs0.851.314.444.784.637.038.8214.4127.5634.3634.8636.68
Dividend Payout %24%23%11%10%11%7%7%7%7%139%137%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%22%15%5%
Compounded Profit Growth48%40%38%3%
Stock Price CAGR39%36%21%12%
Return on Equity21%24%27%23%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital202323232323232424242424
Reserves2722593113594144205017308951,2061,5911,987
Borrowings138154114785382553174168
Other Liabilities1801832293563964294774976749341,0791,232
Total Liabilities6096206778178879541,0551,2821,6002,1692,7103,251
Fixed Assets283315346337341412429452487580716781
CWIP7275819132424442949
Investments141718354528311793495949181,283
Other Assets3052863054394934945826277399511,0481,138
Total Assets6096206778178879541,0551,2821,6002,1692,7103,251
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity40577689724886104274433412417
Cash from Investing Activity-14-25-17-35-27-20-16-201-218-368-382-350
Cash from Financing Activity-26-33-57-53-44-33-4071-41-39-29-52
Net Cash Flow-1-0212-530-271627115
Free Cash Flow2632615949107059238268206330
CFO/OP226%186%204%114%96%70%93%90%154%133%108%114%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days494751573947674229212932
Inventory Days1191027869791241131049910083100
Days Payable9893102112105147141129119124130151
Cash Conversion Cycle70562714142439189-4-18-20
Working Capital Days-17-19-101421118-2-17-21-26
ROCE %3%6%8%19%20%16%21%21%26%42%40%32%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.76%66.76%66.76%65.41%65.41%65.41%65.41%65.41%65.42%65.42%65.42%65.42%
FIIs8.96%8.81%9.35%10.13%10.48%11.90%11.57%11.44%10.36%10.40%9.58%7.82%
DIIs2.79%2.61%2.21%1.79%1.61%1.76%1.97%2.05%1.83%1.76%1.84%2.59%
Public21.48%21.77%21.64%22.61%22.43%20.86%20.97%21.02%22.33%22.35%23.10%24.12%
Others0.03%0.06%0.06%0.06%0.06%0.07%0.07%0.06%0.06%0.06%0.05%0.05%
No. of Shareholders1,04,2471,14,4181,31,2561,74,7171,82,6071,62,2401,66,8731,71,6471,81,7661,81,8461,81,5421,83,575

Fundamentals

Market Cap₹ 14,359 Cr.
Current Price₹ 1,206
Stock P/E32.9
Book Value₹ 169
ROCE31.6 %
ROE22.8 %
Dividend Yield0.17 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)3%
Consolidated figures.
Valuation
Market capRs 14,436 Cr
Enterprise valueRs 14,367 Cr
P/E (TTM)33.05x
Price to book7.18x
Price to sales4.23x
EV / EBITDA22.36x
EV / EBIT23.70x
EV / sales4.21x
Price to cash flow34.60x
Earnings yield3.03%
Dividend yield3.93%
P/E, 3-year average36.61x
P/B, 3-year average9.17x
P/E, 5-year average33.07x
P/B, 5-year average7.32x
Profitability
Operating margin (excl. other income)15.36%
Operating margin (incl. other income)18.72%
EBITDA margin18.82%
Pre-tax margin17.21%
Net profit margin12.80%
Net margin, latest quarter15.21%
ROE22.90%
ROCE31.72%
ROA13.93%
ROE, 3-year average27.41%
ROCE, 3-year average38.12%
ROA, 3-year average16.04%
ROE, 5-year average23.84%
ROCE, 5-year average32.89%
ROA, 5-year average13.80%
ROIC (approx.)23.28%
Tax rate25.44%
Other income / net worth5.47%
Growth
Sales growth (latest year)-1.40%
Profit growth (latest year)1.43%
Sales CAGR, 3 years14.95%
Sales CAGR, 5 years21.73%
Profit CAGR, 3 years34.24%
Profit CAGR, 5 years39.06%
Sales growth QoQ-23.68%
Profit growth QoQ7.74%
Sales growth YoY (latest quarter)20.49%
Profit growth YoY (latest quarter)22.28%
Per share
EPS (TTM)Rs 36.69
EPS (latest year)Rs 34.86
EPS (latest quarter)Rs 10.03
EPS, 3-year averageRs 32.26
EPS, 5-year averageRs 24.00
Book value per shareRs 168.87
Sales per shareRs 286.69
Cash flow per shareRs 35.04
Free cash flow per shareRs 27.71
Dividend per share (latest year)Rs 47.64
Dividend per share, 3-year averageRs 32.43
Dividend per share, 5-year averageRs 19.78
Dividends
Dividend payout136.67%
Dividend payout, 3-year average94.19%
Dividend payout, 5-year average59.26%
Efficiency
Asset turnover1.01x
Fixed asset turnover4.20x
Inventory turnover3.94x
Inventory days93 days
Debtor days32 days
Debtors turnover11.54x
Creditor days151 days
Cash conversion cycle-20 days
Working capital days-26 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 77 Cr
Net debtRs -69 Cr
Debt to equity0.00x
Net debt / EBITDA-0.11x
Interest coverage32.23x
Current ratio (filing 2026-03-31)1.33x
Quick ratio (filing 2026-03-31)0.84x
Trade payables (filing 2026-03-31)Rs 916 Cr
Owners' fund to total sources61.85%
Debt to assets0.24%
Cash flow
Cash from Operating Activity (latest year)Rs 417 Cr
Cash from Investing Activity (latest year)Rs -350 Cr
Cash from Financing Activity (latest year)Rs -52 Cr
Net Cash Flow (latest year)Rs 15 Cr
Free cash flow (latest year)Rs 330 Cr
FCFE (approx.: FCF + change in debt)Rs 321 Cr
Cash from ops / profit, 5 years1.15x
Sales to cash flow7.86x
Statement figures
Net sales (TTM)Rs 3,414 Cr
Net sales (latest year)Rs 3,280 Cr
Sales (latest quarter)Rs 786 Cr
Operating profit excl. other income (latest year)Rs 504 Cr
Operating profit (latest quarter)Rs 118 Cr
Other income (TTM)Rs 114 Cr
EBITDA (TTM)Rs 643 Cr
PBDT (TTM)Rs 624 Cr
Profit before tax (TTM)Rs 587 Cr
Tax (latest year)Rs 142 Cr
Net profit (TTM)Rs 437 Cr
Net profit (latest year)Rs 415 Cr
Net profit (latest quarter)Rs 119 Cr
Depreciation (TTM)Rs 36 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 19 Cr
Cost of goods sold (latest year)Rs 2,385 Cr
Total expenditure (latest year)Rs 2,776 Cr
Total income (latest year)Rs 3,390 Cr
Share capitalRs 24 Cr
ReservesRs 1,987 Cr
Shareholders' fundsRs 2,011 Cr
Total assetsRs 3,251 Cr
Net blockRs 781 Cr
Capital work in progressRs 49 Cr
InvestmentsRs 1,283 Cr
ReceivablesRs 284 Cr
InventoryRs 605 Cr
Other liabilitiesRs 1,232 Cr
Shares outstanding (crore)11.91
Ownership
Promoter holding65.42% (+0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 33.0 is at the 48th percentile of its own 9.4-year range (median 33.2, low 7.3, high 146.0).
P/B 7.18 is at the 72th percentile (median 5.31).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodACENifty 50Difference
1 week-2.3%-2.8% +0.5 pts
1 month+10.8%-6.8% +17.6 pts
3 months+22.5%-7.6% +30.1 pts
6 months+61.9%+0.4% +61.5 pts
1 year+8.8%-9.9% +18.7 pts
2 years-16.1%-13.6% -2.5 pts
3 years+76.1%+14.2% +61.9 pts
5 years+368.2%+27.9% +340.3 pts
43 mutual fund schemes hold about ₹180 Cr. Over three months 4 bought more and 37 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Old Bridge Focused Fund2.17%87 -25%
Edelweiss Small Cap Fund0.37%27 -20%
Helios Small Cap Fund0.89%13 +100%
Old Bridge Flexi Cap Fund2.07%8 -43%
Groww Small Cap Fund0.98%7 +100%
Nippon India Nifty Smallcap 250 Index Fund0.21%7 -15%
DSP Nifty Smallcap250 Quality 50 Index Fund1.80%6 -12%
Navi Flexi Cap Fund(Q1.44%4 -16%
SBI Nifty Smallcap 250 Index Fund0.21%4 -15%
Navi Large & Midcap Fund1.02%3 -13%
Motilal Oswal Nifty Smallcap 250 Index Fund0.21%3 -15%
ICICI Pru Nifty Smallcap 250 Index Fund0.21%2 -15%
HDFC NIFTY Smallcap 250 Index Fund0.21%2 -15%
Navi Aggressive Hybrid Fund1.13%1 -14%
Nippon India Nifty 500 Equal Weight Index Fund0.23%1 -9%
Groww Multicap Fund0.07%1 +100%
JioBlackRock Nifty Smallcap 250 Index Fund0.21%1 -15%
Motilal Oswal Nifty 500 Index Fund0.02%1 -15%
Axis Nifty500 Quality 50 Index Fund0.79%1 -14%
Edelweiss Nifty Smallcap 250 Index Fund0.21%1 -15%
Nippon India Nifty 500 Quality 50 Index Fund0.80%0 -13%
Groww Nifty Smallcap 250 Index Fund0.21%0 -15%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.05%0 -13%
Bandhan Nifty Smallcap 250 Index Fund0.21%0 -15%
Kotak Nifty Smallcap 250 Index Fund0.21%0 -15%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹786 Cr +20.6% vs Jun 2025. Net profit ₹119 Cr +21.4%.
Against our estimate for Jun 2026: sales +17.7%, profit +38.9% big beat. Our estimate for Sep 2026: sales Rs 847 Cr, profit Rs 109 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-03Dividend - Rs 2 Per Share
2025-08-14Dividend - Rs 2 Per Share
2024-08-19Annual General Meeting/Dividend - Rs 2 Per Share
2023-08-17Annual General Meeting/Dividend - Re 1 Per Share
2022-09-09Annual General Meeting/Dividend - Re 0.60 Per Share
2021-08-25 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-09-15 Annual General Meeting
2020-03-20 Interim Dividend Rs - 0.50 Per Share
2019-09-18 Annual General Meeting/Dividend - Rs 0.50 Per Share
2018-09-18 Annual General Meeting/Dividend Re 0.50 Per Share
2018-06-14 Meeting Of Equity Shareholders
2017-09-20 Annual General Meeting/Dividend - Re 0.30 Per Share
2016-09-14 Annual General Meeting
2016-03-22 Interim Dividend - Re 0.20/- Per Share (Purpose Revised)
2015-09-15 Annual General Meeting/ Dividend - Re 0.20/- Per Share
2014-07-23Annual General Meeting / Final Dividend - Re 0.10/- Per Share
2013-08-14Annual General Meeting / Dividend - Re.0.20/- Per Equity Share
2012-09-21Annual General Meeting/Dividend Rs.0.20 Per Share
2011-09-14Annual General Meeting And Dividend Re.1/- Per Share
2011-02-11Interim Dividend-Re.1/- Per Share (Purpose Revised)
2010-09-01Annual General Meeting
2010-04-12Int Div-Rs.1/- Per Share Purpose Revised
2009-07-30Div-Re.0.40 Per Share
2008-07-29Agm/Dividend - 20%
2008-03-13Fv Split Rs.10/- To Rs.2/0.2000
2008-01-29Interim Dividend - 20% Purpose Revised
2007-08-02Agm/Final Dividend-30%
DateTypeWhat it says
2026-09-30General UpdatesOrder of ACE Backhoe Loaders for Ministry of Defence
2026-09-30General UpdatesFurther Intimation SEBI Circular dated January 30, 2026 on Ease of Doing Investment Special Window for Transfer and Dematerialisation of Physical ...
2026-09-26Concall / analyst meetSchedule of meet
2026-09-19Shareholder meetingVoting results.
2026-09-18General UpdatesChairmans Speech at the 32nd Annual General Meeting
2026-09-18Shareholder meetingProceedings of Annual General Meeting held on September 18, 2026
2026-09-15General UpdatesDispatch of letter to shareholders whose e-mail addresses are not registered with Company/Registrar & Transfer Agent/Depositories.
2026-09-05Concall / analyst meetSchedule of meet
2026-09-04Concall / analyst meetSchedule of meet
2026-08-25Concall / analyst meetSchedule of meet
2026-08-24General UpdatesBusiness Responsibility and Sustainability Report for FY 2025-26
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 18, 2026
2026-08-20General UpdatesCut-off date for e-voting
2026-08-20General Updates(3) Closure of Register of Members & Share Transfer Books
2026-08-20General UpdatesIntimation of date of 32nd Annual General Meeting (AGM),
2026-08-20Record DateRecord date for the purpose of Dividend is 03-Sep-2026.
2026-08-10General UpdatesIntimation Of Investor/Analyst Plant Visit
2026-08-07Concall / analyst meetSchedule of meet
2026-08-07Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
2026-07-27Concall / analyst meetSchedule of meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Action Construction Equipment Ltd?

Action Construction Equipment Ltd (ACE) has a market capitalisation of Rs 14,359 Cr. at the 2026-10-01 close.

What is the P/E ratio of Action Construction Equipment Ltd?

Action Construction Equipment Ltd trades at a P/E of 32.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Action Construction Equipment Ltd's latest quarterly results?

In the Jun 2026 quarter, Action Construction Equipment Ltd sales was Rs 786 Cr (+20.6% vs Jun 2025) and net profit was Rs 119 Cr.

What is the 52-week high and low of Action Construction Equipment Ltd?

The 52-week high is Rs 1,268.00 and the 52-week low is Rs 745.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03