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Action Construction Equipment Ltd

(ACE)

₹1203.353.11%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Action Construction Equipment Ltd Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Action Construction Equipment Ltd. An average target of ₹1582.5

Source: S&P Global Market Intelligence

Action Construction Equipment Ltd Share analysis

Action Construction Equipment Ltd price forecast by 2 analysts

Upside of27.42%

High

₹1700

Target

₹1582.50

Low

₹1465

Action Construction Equipment Ltd target price ₹1582.5, a slight upside of 27.42% compared to current price of ₹1203.35. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Action Construction Equipment Ltd Performance

  • Day's Low

    Day's High

    ₹1,186.3
    ₹1,237.95
  • 52 Week's Low

    52 Week's High

    ₹780
    ₹1,695
1 Month Return-10.39 %
3 Month Return-6.58 %
1 Year Return+ 48.96 %
Previous Close₹1,242.00
Open₹1,237.95
Volume3.02L
Upper Circuit-
Lower Circuit-
Market Cap₹14,790.13Cr

Action Construction Equipment Ltd Key Statistics

P/E Ratio40.43
PEG Ratio3.7
Market Cap₹14,790.13 Cr
P/B Ratio13.86
EPS27.56
Dividend Yield0.14
SectorCapital Goods-Non Electrical Equipment
ROE30.78

Action Construction Equipment Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹14,790.13 Cr291.67%0.50₹328 Cr₹2,913 Cr
NA₹2,990.00 Cr79.48%0.50₹40 Cr₹226 Cr
NA₹43.24 Cr53.4%0.55NANA
NA₹140.31 Cr-2.76%0.73NANA
BUY₹12,772.25 Cr107.79%0.52₹283 Cr₹3,466 Cr

About Action Construction Equipment Ltd

Action Construction Equipments Limited (ACE) is an Indian company that was founded in 1995 and specializes in Hydraulic Mobile Cranes, Crawler Cranes, Truck Cranes, Material Handlers, Road Construction Equipment, Tractors, Harvesters, and Rotavators. It went public in 2006 when its Equity Shares were listed on the Bombay Stock Exchange and National Stock Exchange of India. In 2009 and 2008, it acquired a Romanian company which became a fellow subsidiary of the Company. In 2010 ACE started manufacturing tractors and in 2011 it acquired 89.50% of the total equity from a Cyprus-based WOS Company. In 2015-2016, ACE launched new products, such as skid loader wheel-based harvesters, and introduced smart features to its existing product range.

Share Price: ₹1203.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹14,790.13Cr as of today
Revenue: ₹756.69Cr as on September 2024 (Q3 24)
Net Profit: ₹94.82Cr as on September 2024 (Q3 24)
Listing date: 26 Sep, 2006
Chairperson Name: Vijay Agarwal
OrganisationAction Construction Equipment Ltd
HeadquartersPalwal
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Action Construction Equipment Ltd

  • Action Construction Reports Strong Q2 Growth - 11 Nov, 2024

    Action Construction Equipment Ltd reported a 12.4% increase in net sales to Rs 756.69 crore for September 2024, with net profit rising 28.25% to Rs 94.80 crore. EBITDA grew by 34.5%, and EPS increased to Rs 7.97. Despite a 4.67% decline over six months, the stock has gained 61.54% over the past year.

  • Action Construction Equipment Reports Strong Q2 Growth - 09 Nov, 2024

    Action Construction Equipment Ltd announced a 28% increase in consolidated profit after tax (PAT) to Rs 94.82 crore for Q2, supported by higher income and improved sales. The company also reported a 9% year-on-year increase in unit sales.

  • Action Construction Equipment Reports Strong Q2 Earnings - 08 Nov, 2024

    Action Construction Equipment Limited reported robust earnings for Q2 and six months ended September 30, 2024, with significant increases in sales, revenue, and net income compared to the previous year.

  • Action Construction Equipment Reports Strong Financial Growth - 22 Oct, 2024

    Action Construction Equipment has demonstrated impressive financial health with a 76.2% earnings growth, significantly surpassing the industry average. The company secured a major order from the Ministry of Defence and reported a net income increase to ₹841.8 million for Q1 2024, reflecting its robust performance and growth potential.

  • Action Construction Shows Strong Bullish Momentum - 17 Oct, 2024

    Action Construction Equipment Ltd has gained 5.81% this week, outperforming the Nifty. A positive MA crossover and rising RSI indicate strong bullish momentum, suggesting potential for further upside.

Insights on Action Construction Equipment Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.13% to 10.48% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 84.18 Cr → 94.8 Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 761.81 Cr → 790.9 Cr (in ₹), with an average increase of 3.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.30% to 0.34% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jupiter Wagons Ltd has given 1281.8% return, outperforming this stock by 815.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, BEML Ltd has given 51.7% return, outperforming this stock by 2.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.41% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, ACE stock has moved down by -20.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 22.60% to 22.42% in Sep 2024 quarter

Action Construction Equipment Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹673.24Cr (-)₹753.11Cr (↑11.86%)₹835.84Cr (↑10.99%)₹734.26Cr (↓12.15%)₹756.69Cr (↑3.05%)
Net Income₹73.94Cr (-)₹88.24Cr (↑19.34%)₹98.45Cr (↑11.57%)₹84.18Cr (↓14.49%)₹94.82Cr (↑12.64%)
Net Profit Margin10.98% (-)11.72% (↑6.74%)11.78% (↑0.51%)11.46% (↓2.72%)12.53% (↑9.34%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,055.61Cr (-)₹1,284.21Cr (↑21.66%)₹1,595.57Cr (↑24.25%)₹2,175.11Cr (↑36.32%)
Total Liabilities₹532.14Cr (-)₹529.12Cr (↓0.57%)₹686.40Cr (↑29.72%)₹955.32Cr (↑39.18%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹47.95Cr (-)₹86.06Cr (↑79.48%)₹99.36Cr (↑15.45%)₹286.26Cr (↑188.10%)₹434.15Cr (↑51.66%)

Index Inclusions

Nifty Small 100

₹17,596.60

-0.46 (-80.75%)

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

S&P BSE Indus.

₹14,242.69

-0.85 (-122%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Action Construction Equipment Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.41%
0.00
Foreign Institutions
10.48%
3.44
Mutual Funds
0.34%
12.99
Retail Investors
22.42%
-0.79
Others
1.35%
-13.49

Action Construction Equipment Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.9716.616.5719.3730.78
Details20202021202220232024
Return On Assets %5.517.568.1810.7515.09
Details20202021202220232024
Book Value Per Share (₹)3946.1163.3277.14103.73
Details20202021202220232024
Earning Per Share (₹)4.627.038.8214.5327.56

Action Construction Equipment Ltd Valuation

Action Construction Equipment Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.90x)

April 3, 2020

Today (40.43x)

November 19, 2024

Industry (61.53x)

November 19, 2024

Highest (63.86x)

March 2, 2024

LowHigh

Action Construction Equipment Ltd Earnings and Dividends

  • Action Construction Equipment Ltd Earnings Results

    Action Construction Equipment Ltd’s net profit jumped 28.25% since last year same period to ₹94.80Cr in the Q2 2024-2025. On a quarterly growth basis, Action Construction Equipment Ltd has generated 12.62% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Action Construction Equipment Ltd Dividends May,2024

    In the quarter ending March 2024, Action Construction Equipment Ltd has declared dividend of ₹2 - translating a dividend yield of 0.25%.

    Read More about Dividends

Action Construction Equipment Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Action Construction Equipment Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Action Construction Equipment Ltd (ACE) share price today is ₹1203.35

Action Construction Equipment Ltd is listed on NSE

Action Construction Equipment Ltd is listed on BSE

  • Today’s highest price of Action Construction Equipment Ltd is ₹1237.95.
  • Today’s lowest price of Action Construction Equipment Ltd is ₹1186.3.

PE Ratio of Action Construction Equipment Ltd is 40.43

PE ratio = Action Construction Equipment Ltd Market price per share / Action Construction Equipment Ltd Earnings per share

Today’s traded volume of Action Construction Equipment Ltd(ACE) is 3.02L.

Today’s market capitalisation of Action Construction Equipment Ltd(ACE) is ₹14790.13Cr.

Action Construction Equipment Ltd(ACEPrice
52 Week High
₹1695
52 Week Low
₹780

Action Construction Equipment Ltd(ACE) share price is ₹1203.35. It is down -29.01% from its 52 Week High price of ₹1695

Action Construction Equipment Ltd(ACE) share price is ₹1203.35. It is up 54.28% from its 52 Week Low price of ₹780

Action Construction Equipment Ltd(ACEReturns
1 Day Returns
-38.65%
1 Month Returns
-10.39%
3 Month Returns
-6.58%
1 Year Returns
48.96%