India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#331- Valuation
- ₹16,950 Cr
2023 #405
Market Cap
₹12,797 Cr
ACE · NSE
Share Price
₹1,053.40
-1.97% today
Revenue
₹3,280 Cr
FY 2025-26 · -1.4% YoY
EBITDA
₹504 Cr
Margin 15.4%
Net Profit
₹413 Cr
FY 2025-26 · +1.8% YoY
P/E (TTM)
30.2x
P/B 6.5x
ROE
22.9%
ROCE 31.6%
Debt / Equity
0.01
Interest cover 4.7x
About Action Construction Equipment Limited
Data last updated:
Action Construction Equipment Limited is a public limited company based in Palwal, Haryana, India. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 13 January 1995 and has been in existence for over 31 years.
Action Construction Equipment is part of the Nifty 500 and BSE 500 indices. Its director Vijay Agarwal and family are #376 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L74899HR1995PLC053860. Its GSTIN is 06AAACA6189P1Z5 (Haryana). The company holds 22 GST registrations, of which 11 are active. Its shares are listed on BSE: 532762 and NSE: ACE.
The company has an authorised share capital of ₹55.25 Cr and a paid-up capital of ₹23.82 Cr. It was formerly known as Action Construction Equipments Private Limited and Action Construction Equipments Limited. It is led by directors including Vijay Agarwal (Managing Director) and Mona Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dudhola Link Road Dudhola, Palwal, Haryana, India – 121102.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,280.44 Cr, a decline of 1.4% compared to the previous year. For the same year it recorded a net profit of ₹413.47 Cr (net margin 12.6%) and EBITDA of ₹503.95 Cr (EBITDA margin 15.4%). The net worth stands at ₹2,010.99 Cr (up 24.5% YoY). Total assets are valued at ₹2,024.79 Cr (up 23.7% YoY).
The company has about 1,352 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Forma International and Ace Cranes. As per MCA filings, the company has open charges of ₹766 Cr and satisfied charges of ₹1,198.71 Cr on record. Court records list 486 cases involving the company, including 401 filed by the company and 85 filed against it; 80 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ace-cranes.com.
Company details
CIN L74899HR1995PLC053860
Registration Number 053860
Incorporation Date 13 January 1995
ROC Haryana
Listing Status Listed (BSE: 532762, NSE: ACE)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Action Construction Equipment has undergone 2 name changes throughout its history. The company was previously known as Action Construction Equipments Private Limited, and Action Construction Equipments Limited. The current legal name is Action Construction Equipment Limited.
| Company Name | Status |
|---|---|
| Action Construction Equipment Limited | Current |
| Action Construction Equipments Private Limited | Previous |
| Action Construction Equipments Limited | Previous |
CIN history
Action Construction Equipment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74899HR1995PLC053860, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899HR1995PLC053860 | Current |
| L74899DL1995PLC064347 | Previous |
| U74899DL1995PLC064347 | Previous |
Key People
Vijay Agarwal Managing Director Mona Agarwal Whole-Time Director Sorab Agarwal Whole-Time Director Recognitions & Rankings of Action Construction Equipment
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #376 Vijay Agarwal & family ₹9,900 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
Action Construction Equipment Limited's registered office is in Palwal, Haryana. Its website is ace-cranes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDudhola Link Road Dudhola, Palwal, Haryana, India – 121102
- IndustryMachinery and Equipment, Construction Machinery & Equipment, Material Handling & Storage Equipment
To see the full contact details of Action Construction Equipment Limited, buy the company report.
Comprehensive company report
Action Construction Equipment Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Action Construction Equipment operates two associated brands: Forma International and Ace Cranes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Farm equipment manufacturing and agricultural support services in India. | forma-international.com | |
| Construction equipment is manufactured by Ace Cranes in Delhi, India. | ace-cranes.com |
Business activity
The main business activity of Action Construction Equipment is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Action Construction Equipment Limited, buy the company report.
Financials of Action Construction Equipment Limited
FY 2025-26 filings availableAction Construction Equipment Limited reported revenue of ₹3,280.44 Cr (down 1.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3,280 Cr
-1.4% YoY
EBITDA
₹504 Cr
-0.4% YoY
Profit After Tax
₹413 Cr
+1.8% YoY
Net Worth
₹2,011 Cr
+24.5% YoY
Total Assets
₹2,025 Cr
+23.7% YoY
Total Debt
₹7.91 Cr
-51.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,280 | 3,327 | 2,914 | 2,160 | 1,630 | 1,227 | 1,156 |
| Revenue growth | -1.4% | +14.2% | +34.9% | +32.5% | +32.8% | +6.1% | - |
| EBITDA | 504 | 506 | 403 | 221 | 151 | 119 | 91.55 |
| EBITDA margin | +15.4% | +15.2% | +13.8% | +10.2% | +9.3% | +9.7% | +7.9% |
| Profit before tax | 557 | 549 | 434 | 234 | 137 | 108 | 68.03 |
| Net profit | 413 | 406 | 329 | 157 | 105 | 75.84 | 51.70 |
| Net profit margin | +12.6% | +12.2% | +11.3% | +7.3% | +6.4% | +6.2% | +4.5% |
| EPS (₹) | 34.86 | 34.36 | 27.56 | 14.41 | 8.82 | 7.03 | 4.63 |
| Balance sheet | |||||||
| Total assets | 2,025 | 1,637 | 1,239 | 930 | 788 | 580 | 529 |
| Net worth | 2,011 | 1,615 | 1,230 | 919 | 754 | 523 | 443 |
| Total debt | 7.91 | 16.44 | 4.46 | 7.45 | 31.02 | 54.58 | 82.41 |
| Cash & bank | 77.20 | 55.47 | 110 | 48.96 | 14.31 | 36.51 | 9.27 |
| Net working capital | (153) | (119) | (17.14) | 43.46 | 123 | 106 | 69.51 |
| Cash flow | |||||||
| Cash from operations | 417 | 412 | 433 | 274 | 104 | 86.06 | 47.98 |
| Cash from investing | (350) | (382) | (368) | (218) | (201) | (16.23) | (19.60) |
| Cash from financing | (51.91) | (28.99) | (38.66) | (41.01) | 70.80 | (40.34) | (33.43) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 786 | 1,029 | 855 | 744 | 652 | 961 | 875 | 757 |
| Revenue growth (YoY) | +20.5% | +7.1% | -2.3% | -1.7% | -11.2% | - | - | - |
| Other income | 54.61 | (6.12) | 35.73 | 29.31 | 51.14 | 8.39 | 30.17 | 34.21 |
| EBITDA | 118 | 172 | 130 | 109 | 92.83 | 164 | 135 | 109 |
| EBITDA margin | +15.0% | +16.7% | +15.2% | +14.6% | +14.2% | +17.0% | +15.4% | +14.3% |
| Depreciation | 9.14 | 9.51 | 8.92 | 8.75 | 8.01 | 7.30 | 7.17 | 6.99 |
| Interest | 4.94 | 3.35 | 4.67 | 5.85 | 8.24 | 3.88 | 8.40 | 9.03 |
| Profit before tax | 158 | 153 | 152 | 124 | 128 | 161 | 149 | 127 |
| Tax | 38.93 | 42.51 | 35.47 | 33.63 | 30.00 | 42.33 | 37.81 | 31.93 |
| Net profit | 119 | 111 | 116 | 90.06 | 97.72 | 119 | 112 | 94.82 |
| EPS (₹) | 10.04 | 9.32 | 9.78 | 7.57 | 8.21 | 9.96 | 9.38 | 7.96 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,274 | 3,320 | 2,912 | 2,158 | 1,630 | 1,227 | 1,156 |
| Revenue growth | -1.4% | +14.0% | +34.9% | +32.4% | +32.9% | +6.1% | - |
| EBITDA | 501 | 500 | 403 | 225 | 152 | 119 | 91.85 |
| EBITDA margin | +15.3% | +15.1% | +13.8% | +10.4% | +9.3% | +9.7% | +7.9% |
| Profit before tax | 566 | 543 | 433 | 219 | 138 | 108 | 68.21 |
| Net profit | 424 | 401 | 328 | 160 | 106 | 76.19 | 51.85 |
| Net profit margin | +13.0% | +12.1% | +11.3% | +7.4% | +6.5% | +6.2% | +4.5% |
| EPS (₹) | 35.72 | 33.90 | 27.51 | 13.54 | 8.89 | 7.06 | 4.64 |
| Balance sheet | |||||||
| Total assets | 2,014 | 1,616 | 1,227 | 919 | 788 | 580 | 529 |
| Net worth | 2,001 | 1,597 | 1,220 | 909 | 755 | 523 | 443 |
| Total debt | 6.73 | 14.69 | 4.25 | 6.95 | 30.27 | 54.58 | 82.41 |
| Cash & bank | 75.52 | 40.19 | 94.84 | 32.41 | 14.02 | 36.44 | 9.25 |
| Net working capital | (150) | (129) | (31.80) | 28.61 | 125 | 108 | 71.00 |
| Cash flow | |||||||
| Cash from operations | 412 | 402 | 434 | 286 | 99.36 | 86.06 | 47.95 |
| Cash from investing | (332) | (372) | (368) | (246) | (202) | (16.23) | (19.58) |
| Cash from financing | (51.24) | (28.95) | (38.35) | (40.71) | 75.13 | (40.39) | (33.43) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 782 | 1,028 | 853 | 741 | 652 | 959 | 873 | 754 |
| Revenue growth (YoY) | +19.9% | +7.2% | -2.3% | -1.8% | -11.1% | - | - | - |
| Other income | 54.43 | (6.26) | 35.63 | 41.04 | 51.01 | 8.30 | 29.84 | 34.14 |
| Total expenses | 666 | 858 | 724 | 630 | 560 | 796 | 743 | 646 |
| EBITDA | 116 | 170 | 129 | 111 | 91.54 | 163 | 131 | 108 |
| EBITDA margin | +14.9% | +16.5% | +15.1% | +14.9% | +14.0% | +17.0% | +15.0% | +14.3% |
| Depreciation | 8.87 | 9.19 | 8.58 | 8.43 | 7.71 | 6.92 | 7.08 | 6.90 |
| Interest | 4.92 | 3.33 | 4.64 | 5.83 | 8.20 | 3.84 | 8.37 | 9.03 |
| Profit before tax | 157 | 151 | 151 | 137 | 127 | 160 | 145 | 126 |
| Tax | 38.20 | 42.34 | 35.26 | 33.62 | 29.81 | 42.09 | 37.78 | 31.89 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 786 | 1,029 | 855 | 744 | 652 | 961 | 875 | 757 |
| Revenue growth (YoY) | +20.5% | +7.1% | -2.3% | -1.7% | -11.2% | - | - | - |
| Other income | 54.61 | (6.12) | 35.73 | 29.31 | 51.14 | 8.39 | 30.17 | 34.21 |
| EBITDA | 118 | 172 | 130 | 109 | 92.83 | 164 | 135 | 109 |
| EBITDA margin | +15.0% | +16.7% | +15.2% | +14.6% | +14.2% | +17.0% | +15.4% | +14.3% |
| Depreciation | 9.14 | 9.51 | 8.92 | 8.75 | 8.01 | 7.30 | 7.17 | 6.99 |
| Interest | 4.94 | 3.35 | 4.67 | 5.85 | 8.24 | 3.88 | 8.40 | 9.03 |
| Profit before tax | 158 | 153 | 152 | 124 | 128 | 161 | 149 | 127 |
| Tax | 38.93 | 42.51 | 35.47 | 33.63 | 30.00 | 42.33 | 37.81 | 31.93 |
| Net profit | 119 | 111 | 116 | 90.06 | 97.72 | 119 | 112 | 94.82 |
| EPS (₹) | 10.04 | 9.32 | 9.78 | 7.57 | 8.21 | 9.96 | 9.38 | 7.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,280 | 3,327 | 2,914 | 2,160 | 1,630 | 1,227 | 1,156 |
| Revenue growth | -1.4% | +14.2% | +34.9% | +32.5% | +32.8% | +6.1% | - |
| Other income | 110 | 100 | 77.10 | 41.12 | 10.78 | 15.31 | 4.15 |
| Total expenses | 2,776 | 2,821 | 2,511 | 1,939 | 1,478 | 1,108 | 1,065 |
| Employee cost | 160 | 138 | 121 | 99.76 | 84.81 | 72.17 | 85.69 |
| EBITDA | 504 | 506 | 403 | 221 | 151 | 119 | 91.55 |
| EBITDA margin | +15.4% | +15.2% | +13.8% | +10.2% | +9.3% | +9.7% | +7.9% |
| Depreciation | 35.19 | 28.31 | 23.24 | 18.00 | 15.41 | 13.94 | 13.01 |
| Interest | 22.11 | 28.65 | 23.17 | 10.29 | 9.52 | 12.23 | 14.66 |
| Profit before tax | 557 | 549 | 434 | 234 | 137 | 108 | 68.03 |
| Tax | 142 | 140 | 106 | 60.76 | 32.30 | 28.32 | 15.56 |
| Net profit | 413 | 406 | 329 | 157 | 105 | 75.84 | 51.70 |
| Net profit margin | +12.6% | +12.2% | +11.3% | +7.3% | +6.4% | +6.2% | +4.5% |
| EPS (₹) | 34.86 | 34.36 | 27.56 | 14.41 | 8.82 | 7.03 | 4.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 22.70 | 22.70 |
| Reserves & surplus | 1,994 | 1,599 | 1,211 | 895 | 730 | 501 | 420 |
| Shareholders' funds (net worth) | 2,011 | 1,615 | 1,230 | 919 | 754 | 523 | 443 |
| Minority interest | 0.07 | 1.71 | 1.66 | 1.62 | 0.24 | 0.26 | 0.30 |
| Secured loans | 0.11 | 14.47 | 3.88 | 6.20 | 7.60 | 54.22 | 81.98 |
| Unsecured loans | 7.80 | 1.97 | 0.58 | 1.25 | 23.42 | 0.36 | 0.43 |
| Total debt | 7.91 | 16.44 | 4.46 | 7.45 | 31.02 | 54.58 | 82.41 |
| Total liabilities | 2,025 | 1,637 | 1,239 | 930 | 788 | 580 | 529 |
| Assets | |||||||
| Gross block | 991 | 894 | 740 | 640 | 593 | 563 | 537 |
| Net block | 781 | 716 | 580 | 487 | 452 | 429 | 412 |
| Capital work in progress | 49.21 | 28.65 | 43.64 | 24.41 | 24.29 | 12.55 | 19.35 |
| Investments | 1,283 | 918 | 594 | 349 | 179 | 31.44 | 27.94 |
| Inventories | 605 | 515 | 553 | 419 | 333 | 266 | 271 |
| Sundry debtors | 284 | 265 | 164 | 169 | 189 | 225 | 147 |
| Cash & bank balances | 77.20 | 55.47 | 110 | 48.96 | 14.31 | 36.51 | 9.27 |
| Loans & advances | 97.13 | 112 | 75.07 | 62.73 | 67.35 | 38.26 | 52.39 |
| Total current assets | 1,064 | 947 | 903 | 700 | 604 | 566 | 480 |
| Total current liabilities | 1,217 | 1,066 | 920 | 656 | 481 | 459 | 410 |
| Net working capital | (153) | (119) | (17.14) | 43.46 | 123 | 106 | 69.51 |
| Total assets | 2,025 | 1,637 | 1,239 | 930 | 788 | 580 | 529 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 48.84 | 48.21 | 21.48 | 5.72 | 32.89 | 3.39 | 8.45 |
| Net cash from operating activities | 417 | 412 | 433 | 274 | 104 | 86.06 | 47.98 |
| Net cash from investing activities | (350) | (382) | (368) | (218) | (201) | (16.23) | (19.60) |
| Net cash from financing activities | (51.91) | (28.99) | (38.66) | (41.01) | 70.80 | (40.34) | (33.43) |
| Net change in cash | 15.47 | 0.64 | 26.73 | 15.76 | (27.16) | 29.50 | (5.06) |
| Closing cash | 77.20 | 55.47 | 110 | 48.96 | 14.31 | 36.51 | 9.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -1.4% | +14.2% | +34.9% | +32.5% | +32.8% | +6.1% | - |
| EBITDA growth | -0.4% | +25.4% | +82.5% | +45.9% | +27.3% | +29.9% | - |
| PBT growth | +1.4% | +26.5% | +85.7% | +70.3% | +27.0% | +58.9% | -19.2% |
| Net income growth | +1.8% | +23.6% | +109.4% | +49.8% | +38.2% | +46.7% | - |
| Revenue CAGR (3Y) | +15.0% | +26.9% | +33.4% | +23.2% | +6.7% | +4.1% | +15.5% |
| EBITDA CAGR (3Y) | +31.6% | +49.5% | +50.2% | +34.1% | +15.7% | +9.1% | +32.4% |
| Profitability & leverage | |||||||
| Net income margin | +12.7% | +12.3% | +11.3% | +8.0% | +6.4% | +6.5% | +4.5% |
| Return on capital employed | +31.6% | +40.2% | +42.2% | +28.4% | +21.5% | +21.7% | +16.2% |
| Return on net worth | +22.9% | +28.8% | +30.6% | +20.7% | +16.4% | +16.5% | +11.9% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.07 | 0.14 | 0.15 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.10 |
| Interest cover | 4.72 | 6.00 | 6.10 | 5.07 | 7.00 | 11.65 | 18.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.48 | 4.07 | 4.22 | 3.50 | 2.82 | 2.23 | 2.33 |
| Inventory turnover | 5.86 | 6.23 | 6.00 | 5.74 | 5.44 | 4.57 | 4.78 |
| Debtors turnover | 11.95 | 15.51 | 17.47 | 12.06 | 7.88 | 6.60 | 7.93 |
| EPS (₹) | 34.86 | 34.36 | 27.56 | 14.41 | 8.82 | 7.03 | 4.63 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 1.00 | 0.60 | 0.50 | 0.50 |
| Book value per share (₹) | 169.45 | 136.28 | 103.73 | 77.14 | 63.32 | 46.11 | 39.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 782 | 1,028 | 853 | 741 | 652 | 959 | 873 | 754 |
| Revenue growth (YoY) | +19.9% | +7.2% | -2.3% | -1.8% | -11.1% | - | - | - |
| Other income | 54.43 | (6.26) | 35.63 | 41.04 | 51.01 | 8.30 | 29.84 | 34.14 |
| Total expenses | 666 | 858 | 724 | 630 | 560 | 796 | 743 | 646 |
| EBITDA | 116 | 170 | 129 | 111 | 91.54 | 163 | 131 | 108 |
| EBITDA margin | +14.9% | +16.5% | +15.1% | +14.9% | +14.0% | +17.0% | +15.0% | +14.3% |
| Depreciation | 8.87 | 9.19 | 8.58 | 8.43 | 7.71 | 6.92 | 7.08 | 6.90 |
| Interest | 4.92 | 3.33 | 4.64 | 5.83 | 8.20 | 3.84 | 8.37 | 9.03 |
| Profit before tax | 157 | 151 | 151 | 137 | 127 | 160 | 145 | 126 |
| Tax | 38.20 | 42.34 | 35.26 | 33.62 | 29.81 | 42.09 | 37.78 | 31.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,274 | 3,320 | 2,912 | 2,158 | 1,630 | 1,227 | 1,156 |
| Revenue growth | -1.4% | +14.0% | +34.9% | +32.4% | +32.9% | +6.1% | - |
| Other income | 121 | 99.64 | 76.19 | 22.24 | 10.79 | 15.31 | 4.03 |
| Total expenses | 2,773 | 2,821 | 2,508 | 1,933 | 1,478 | 1,108 | 1,064 |
| Employee cost | 158 | 137 | 119 | 98.43 | 84.45 | 72.09 | 85.62 |
| EBITDA | 501 | 500 | 403 | 225 | 152 | 119 | 91.85 |
| EBITDA margin | +15.3% | +15.1% | +13.8% | +10.4% | +9.3% | +9.7% | +7.9% |
| Depreciation | 33.91 | 27.65 | 22.89 | 17.66 | 15.28 | 13.94 | 13.01 |
| Interest | 22.00 | 28.56 | 23.14 | 10.24 | 9.49 | 12.23 | 14.66 |
| Profit before tax | 566 | 543 | 433 | 219 | 138 | 108 | 68.21 |
| Tax | 141 | 139 | 106 | 57.96 | 32.43 | 28.32 | 15.56 |
| Net profit | 424 | 401 | 328 | 160 | 106 | 76.19 | 51.85 |
| Net profit margin | +13.0% | +12.1% | +11.3% | +7.4% | +6.5% | +6.2% | +4.5% |
| EPS (₹) | 35.72 | 33.90 | 27.51 | 13.54 | 8.89 | 7.06 | 4.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 22.70 | 22.70 |
| Reserves & surplus | 1,977 | 1,573 | 1,201 | 885 | 731 | 501 | 420 |
| Shareholders' funds (net worth) | 2,001 | 1,597 | 1,220 | 909 | 755 | 523 | 443 |
| Secured loans | 0.11 | 14.47 | 3.88 | 6.20 | 7.60 | 54.22 | 81.98 |
| Unsecured loans | 6.62 | 0.22 | 0.37 | 0.75 | 22.67 | 0.36 | 0.43 |
| Total debt | 6.73 | 14.69 | 4.25 | 6.95 | 30.27 | 54.58 | 82.41 |
| Total liabilities | 2,014 | 1,616 | 1,227 | 919 | 788 | 580 | 529 |
| Assets | |||||||
| Gross block | 969 | 874 | 734 | 634 | 584 | 555 | 530 |
| Net block | 760 | 696 | 574 | 482 | 443 | 421 | 405 |
| Capital work in progress | 49.21 | 28.65 | 43.64 | 24.41 | 24.29 | 12.55 | 18.21 |
| Investments | 1,291 | 927 | 603 | 358 | 186 | 37.94 | 34.44 |
| Inventories | 603 | 513 | 551 | 417 | 332 | 266 | 270 |
| Sundry debtors | 287 | 270 | 166 | 169 | 190 | 225 | 147 |
| Cash & bank balances | 75.52 | 40.19 | 94.84 | 32.41 | 14.02 | 36.44 | 9.25 |
| Loans & advances | 95.83 | 111 | 74.75 | 62.36 | 66.82 | 38.26 | 52.39 |
| Total current assets | 1,062 | 935 | 887 | 681 | 603 | 565 | 479 |
| Total current liabilities | 1,212 | 1,064 | 919 | 653 | 478 | 457 | 408 |
| Net working capital | (150) | (129) | (31.80) | 28.61 | 125 | 108 | 71.00 |
| Total assets | 2,014 | 1,616 | 1,227 | 919 | 788 | 580 | 529 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 33.58 | 32.69 | 4.99 | 5.43 | 32.81 | 3.37 | 8.44 |
| Net cash from operating activities | 412 | 402 | 434 | 286 | 99.36 | 86.06 | 47.95 |
| Net cash from investing activities | (332) | (372) | (368) | (246) | (202) | (16.23) | (19.58) |
| Net cash from financing activities | (51.24) | (28.95) | (38.35) | (40.71) | 75.13 | (40.39) | (33.43) |
| Net change in cash | 29.06 | 0.89 | 27.70 | (0.45) | (27.38) | 29.44 | (5.06) |
| Closing cash | 75.52 | 40.19 | 94.84 | 32.41 | 14.02 | 36.44 | 9.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -1.4% | +14.0% | +34.9% | +32.4% | +32.9% | +6.1% | - |
| EBITDA growth | +0.3% | +24.0% | +79.3% | +47.6% | +27.6% | +29.9% | - |
| PBT growth | +4.3% | +25.4% | +97.7% | +58.4% | +27.5% | +59.1% | -19.2% |
| Net income growth | +5.8% | +22.1% | +104.6% | +51.7% | +38.7% | +46.9% | - |
| Revenue CAGR (3Y) | +14.9% | +26.8% | +33.4% | +23.1% | +6.7% | +4.1% | +15.5% |
| EBITDA CAGR (3Y) | +30.6% | +48.6% | +50.0% | +34.8% | +15.9% | +9.0% | +32.1% |
| Profitability & leverage | |||||||
| Net income margin | +13.0% | +12.2% | +11.3% | +7.5% | +6.5% | +6.5% | +4.6% |
| Return on capital employed | +32.4% | +40.2% | +42.5% | +26.9% | +21.6% | +21.8% | +16.2% |
| Return on net worth | +23.6% | +28.7% | +30.8% | +19.4% | +16.6% | +16.6% | +12.0% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.07 | 0.14 | 0.15 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.10 |
| Interest cover | 4.71 | 6.05 | 6.09 | 4.94 | 6.92 | 11.60 | 18.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.55 | 4.13 | 4.26 | 3.54 | 2.86 | 2.26 | 2.36 |
| Inventory turnover | 5.86 | 6.24 | 6.01 | 5.76 | 5.45 | 4.58 | 4.79 |
| Debtors turnover | 11.74 | 15.24 | 17.39 | 12.03 | 7.87 | 6.60 | 7.94 |
| EPS (₹) | 35.72 | 33.90 | 27.51 | 13.54 | 8.89 | 7.06 | 4.64 |
| Dividend per share (₹) | 0.00 | 2.00 | 2.00 | 1.00 | 0.60 | 0.50 | 0.50 |
| Book value per share (₹) | 168.05 | 134.13 | 102.89 | 76.35 | 63.41 | 46.13 | 39.00 |
To see the full year-wise statements and ratios of Action Construction Equipment Limited, buy the company report.
Board of directors of Action Construction Equipment Limited
Action Construction Equipment has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mona Agarwal Also directs: Asia Resorts Limited, VMS Equipment Private Limited, Rotadrill India Private Limited and 2 more | Whole-Time Director | 13 Jan 1995 | 31 Years 9 Months | Current |
| Avinash Parkash Gandhi Also directs: Lumax Auto Technologies Limited, Zook Electric Vehicles Private Limited, Lumax Mannoh Allied Technologies Limited and 1 more | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Sorab Agarwal Also directs: Ace Kato Private Limited, VMS Equipment Private Limited, Rotadrill India Private Limited and 1 more | Whole-Time Director | 20 Mar 1998 | 28 Years 7 Months | Current |
| Surbhi Garg | Whole-Time Director | 12 Nov 2011 | 14 Years 11 Months | Current |
| Vijay Agarwal | Managing Director | 13 Jan 1995 | 31 Years 9 Months | Current |
| Divya Singal | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Action Construction Equipment Limited is compared with the 9 companies closest to it by revenue in the Machinery and Equipment industry (Construction Equipment, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sany Heavy Industry India Private Limited | ₹6,314.72 Cr (FY 2024) | 32.0% | Pune, Maharashtra, India | |||
| Atlas Copco (India) Private Limited | ₹5,819.02 Cr (FY 2025) | 20.0% | Dapodi, Pune-411012, Maharashtra, India | |||
| Tata Hitachi Construction Machinery Company Private Limited | ₹5,055.63 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| HD Hyundai Construction Equipment India Private Limited | ₹3,694.87 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Tkil Industries Private Limited | ₹3,331.51 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Schindler India Private Limited | ₹3,293.55 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Action Construction Equipment Limitedthis company | ₹3,280.44 Cr (FY 2026) | ₹413.47 Cr | 12.6% | -1.4% | 1,352 | Palwal, Haryana, India |
| Otis Elevator Co (India)Ltd | ₹3,260.69 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Johnson Lifts Private Limited | ₹3,023.84 Cr (FY 2025) | 13.0% | Extension, Chennai-600 101, Tamil Nadu, India | |||
| Kone Elevator India Private Limited | ₹2,770.9 Cr (FY 2023) | Kancheepuram, Tamil Nadu, India |
To see the full peer comparison of Action Construction Equipment Limited, buy the company report.
Auditor
Action Construction Equipment Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.40%, foreign institutional investors hold 7.80%, domestic institutional investors hold 2.60% and retail and other public shareholders hold 24.20%.
Sep 2026
QUARTER
65.40% Promoters
2.60% DII (Domestic Institutional)
7.80% FII (Foreign Institutional)
24.20% Retail & Others
Promoter holding - history
Now 65.40% · Sep 2026High 65.40% · Dec 2025Low 65.40% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.40% | 65.40% | 65.40% | 65.40% |
| Public | 34.60% | 34.60% | 34.60% | 34.60% |
Charges & borrowings
Open charges
₹766 Cr
Satisfied charges
₹1,198.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2021 | 100419284 | Hdfc Bank Limited | ₹55 Cr | Open | |
| 13 Mar 2014 | 10490528 | State Bank of India | ₹156 Cr | Open | |
| 12 May 2012 | 10358918 | Others | ₹95 Cr | Open | |
| 25 Aug 2011 | 10306734 | Others | ₹145 Cr | Open | |
| 02 Jul 2005 | 80002427 | Others | ₹315 Cr | Open |
To see the full charge records of Action Construction Equipment Limited, buy the company report.
Total charge records: 74 View all charges
Legal cases
Action Construction Equipment Limited has 486 court cases on record: 401 filed by Action Construction Equipment, 85 filed against it. 80 cases are pending and 406 are disposed.
Total cases
486
Filed by the company
401
Filed against the company
85
Pending
80
Disposed
406
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 427 | 52 | 70 |
| High courts | 51 | 31 | 10 |
| Supreme Court | 4 | 2 | 0 |
| NCLT | 3 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 486)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Execution petition | Filed by the company against M/S R.S.V Infrastructure Pvt. Ltd. and 2 others | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S Kamar Infrastructure Private Limited | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S Echo Motors and Automobiles Private Limited and 3 others | Pending |
| District court, Palwal, Haryana | Civil suit | Filed by the company against M/S Ayoki Cembol Erectors Pvt. Ltd. and 3 others | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S P and R Infraprojects Ltd. | Disposed |
To see the full case history of Action Construction Equipment Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Action Construction Equipment Limited was last rated by Icra on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Action Construction Equipment Limited, buy the company report.
MSME payment delays
Action Construction Equipment Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 20,633 overdue payments to 709 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 709)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Carrier Wheels | |||
| an individual supplier | |||
| Cosmos Fibre Glass Limited | |||
| JMP Industries | |||
| United Petrochem Private Limited |
To see the full MSME payment records of Action Construction Equipment Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Action Construction Equipment has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Crane Kraft India Private Limited | U29309HR2021PTC096749 |
To see the full group structure of Action Construction Equipment Limited, buy the company report.
Employees & EPFO
Action Construction Equipment Limited has a workforce of 1,352 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
1,352
Active EPFO establishments
2
Employee growth
10.73%
GST
Action Construction Equipment has 22 GST registrations: 11 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
11
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACA6189P1Z5 | Haryana | Active | 01 Jul 2017 |
| 07AAACA6189P1Z3 | Delhi | Active | 01 Jul 2017 |
| 08AAACA6189P2Z0 | Rajasthan | Active | 01 Jul 2017 |
| 19AAACA6189P1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Action Construction Equipment Limited, buy the company report.
Recent activity
Action Construction Equipment Limited has 31 board changes on record since 1995: 20 appointments and 11 cessations. The latest: Jagan Nath Chamber was appointed as Director on 06 Nov 2020.
AGM
Action Construction Equipment Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Charges
A charge registered on 07 May 2020 via Charge ID 100341417 with Citi Bank N.A. was fully satisfied on 27 Aug 2025.
Charges
A charge with Others of Rs. 315.00 Cr registered on 02 Jul 2005 with Charge ID 80002427 was modified on 01 Jul 2025.
Filing
Action Construction Equipment Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Charges
A charge with Others of Rs. 95.00 Cr registered on 12 May 2012 with Charge ID 10358918 was modified on 22 Aug 2024.
Charges
A charge with State Bank Of India of Rs. 156.00 Cr registered on 13 Mar 2014 with Charge ID 10490528 was modified on 20 Feb 2024.
Charges
A charge with Citi Bank N.A. of Rs. 60.00 Cr registered on 07 May 2020 with Charge ID 100341417 was modified on 01 Aug 2023.
Charges
A charge registered on 21 Jan 2021 via Charge ID 100413191 with Others was fully satisfied on 21 Mar 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 55.00 Cr registered on 25 Feb 2021 with Charge ID 100419284 was modified on 21 Apr 2022.
Charges
A charge registered on 21 Feb 2022 via Charge ID 100546866 with Others was fully satisfied on 07 Apr 2022.
Charges
A charge registered on 22 Feb 2017 via Charge ID 100106386 with Others was fully satisfied on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 145.00 Cr with Charge ID 100546866 was registered on 21 Feb 2022.
186 earlier events are in the company report.
News
Action Construction Equipment: Receives Order To Supply 74 Backhoe Loaders To The Defense Ministry
Frequently asked questions
Action Construction Equipment is an active public limited company based in Palwal, Haryana, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 13 January 1995 (31+ years old) and is registered under CIN L74899HR1995PLC053860. Listed on BSE: 532762 and NSE: ACE.
Action Construction Equipment reported revenue of ₹3,280.44 Cr for FY 2025-26 (down 1.4% YoY) based on consolidated financials.
Action Construction Equipment has 8 current directors:
- Vijay Agarwal - Managing Director
- Mona Agarwal - Whole-Time Director
- Sorab Agarwal - Whole-Time Director
- Surbhi Garg - Whole-Time Director
- Avinash Parkash Gandhi - Director
- Divya Singal - Director
- Shriniwas Vashisht - Director
- Jagan Nath Chamber - Director
The latest financial statements of Action Construction Equipment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Action Construction Equipment is 06AAACA6189P1Z5, registered in Haryana. The company has 22 GST registrations in all, of which 11 are active and 11 are cancelled or inactive. Other active GSTINs include 07AAACA6189P1Z3 (Delhi), 08AAACA6189P2Z0 (Rajasthan), 19AAACA6189P1ZY (West Bengal).
The CIN (Corporate Identification Number) of Action Construction Equipment is L74899HR1995PLC053860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Action Construction Equipment is listed on both BSE (code: 532762) and NSE (symbol: ACE).
Action Construction Equipment has 486 court cases on record: 401 filed by the company and 85 filed against it. 80 are pending. Most are in the district courts.
Action Construction Equipment was incorporated on 13 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Action Construction Equipment by revenue are Sany Heavy Industry India Private Limited, Atlas Copco (India) Private Limited, Tata Hitachi Construction Machinery Company Private Limited, HD Hyundai Construction Equipment India Private Limited, Tkil Industries Private Limited and 4 more, all in the Machinery and Equipment industry (Construction Equipment, Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jagan Nath Chamber was appointed as Director on 06 Nov 2020. Girish Narain Mehra ceased to be Director on 25 Sep 2020. Keshav Chandra Agrawal ceased to be Director on 25 Sep 2020. Action Construction Equipment has 31 board changes on record in total.
Action Construction Equipment has 14 MSME Form 1 returns on record between 2019 and 2024, listing 20,633 overdue payments to 709 micro and small suppliers. The latest return was filed on 03 Jul 2024.