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Action Construction Equipment Limited
(ACE)
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Rating:79Outperform
Price Target:
₹1,357.00
▲(42.30% Upside)
Action:Upgraded
Date:08/19/26
The score is driven primarily by strong financial performance (high profitability and a very conservative balance sheet), supported by bullish technical trends with the price above all major moving averages and positive MACD. The main restraint is valuation, with a relatively high P/E and minimal dividend yield, plus uneven cash-flow conversion versus net income.
Positive Factors
Conservative Balance Sheet
Very low leverage reduces refinancing and interest-rate risk, giving ACE financial flexibility to sustain operations, fund capacity or product investments, and withstand cyclical changes in construction and industrial demand.
Negative Factors
Recent Revenue Contraction
The latest revenue decline interrupts the prior growth trajectory and signals that demand may not expand consistently. A weaker top line can reduce operating leverage and make sustained profit growth more dependent on mix or cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low leverage reduces refinancing and interest-rate risk, giving ACE financial flexibility to sustain operations, fund capacity or product investments, and withstand cyclical changes in construction and industrial demand.
Read all positive factors
Action Construction Equipment Limited (ACE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹134.15B
Dividend Yield0.18%
Average Volume (3M)40.82K
Price to Earnings (P/E)30.7
Beta (1Y)1.26
Revenue Growth5.21%
EPS Growth3.32%
CountryIN
Employees1,500
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)36.71
Shares Outstanding119,083,200
10 Day Avg. Volume24,120
30 Day Avg. Volume40,821
Financial Highlights & Ratios
PEG Ratio15.07
Price to Book (P/B)4.43
Price to Sales (P/S)2.72
P/FCF Ratio24.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)44.8
Revenue Forecast (FY)₹40.69B
Action Construction Equipment Limited Business Overview & Revenue Model
Company Description
Action Construction Equipment Limited (ACE) specializes in the manufacturing and distribution of material handling and heavy construction machinery, with its primary market being India. The company's business activities are structured into four ma...
How the Company Makes Money
ACE primarily makes money by selling manufactured equipment to customers involved in construction, infrastructure development, industrial operations, and logistics/warehousing. Its core revenue stream is the sale of equipment (i.e., recognized whe...
Action Construction Equipment Limited Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
71
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.14B | 32.80B | 33.25B | 29.10B | 21.57B | 16.30B |
| Gross Profit | 10.11B | 8.77B | 9.07B | 7.66B | 5.37B | 4.58B |
| EBITDA | 6.43B | 6.14B | 6.06B | 4.80B | 2.62B | 1.62B |
| Net Income | 4.37B | 4.15B | 4.09B | 3.28B | 1.72B | 1.05B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 32.52B | 27.11B | 21.69B | 16.00B | 12.82B |
| Cash, Cash Equivalents and Short-Term Investments | 6.37B | 6.37B | 4.31B | 4.76B | 2.44B | 1.25B |
| Total Debt | 0.00 | 79.00M | 164.40M | 44.63M | 74.48M | 93.82M |
| Total Liabilities | -20.11B | 12.41B | 10.94B | 9.38B | 6.80B | 5.28B |
| Stockholders Equity | 20.11B | 20.11B | 16.15B | 12.30B | 9.19B | 7.54B |
Cash Flow | ||||||
| Free Cash Flow | -406.10M | 3.71B | 1.91B | 2.58B | 2.00B | 552.70M |
| Operating Cash Flow | 47.40M | 4.64B | 4.12B | 4.33B | 2.74B | 1.04B |
| Investing Cash Flow | -1.17B | -4.10B | -3.83B | -3.68B | -2.18B | -2.01B |
| Financing Cash Flow | 868.20M | -393.00M | -289.90M | -386.56M | -410.07M | 708.00M |
Action Construction Equipment Limited Technical Analysis
Positive
953.60
Price Trends
1066.34
Positive
987.55
Positive
941.04
Positive
Market Momentum
15.44
Positive
53.27
Neutral
39.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ACE, the sentiment is Positive. The current price of 953.6 is below the 20-day moving average (MA) of 1127.72, below the 50-day MA of 1066.34, and above the 200-day MA of 941.04, indicating a neutral trend. The MACD of 15.44 indicates Positive momentum. The RSI at 53.27 is Neutral, neither overbought nor oversold. The STOCH value of 39.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ACE.
Action Construction Equipment Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ₹134.15B | 30.70 | ― | 0.18% | 5.21% | 3.32% | |
72 Outperform | ₹13.00B | 32.77 | ― | 0.18% | -1.48% | -18.51% | |
71 Outperform | ₹66.55B | 29.28 | ― | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹2.33B | 14.83 | ― | ― | 1.29% | 19.50% | |
49 Neutral | ₹23.35B | -57.95 | ― | 0.90% | 21.29% | -1171.67% | |
46 Neutral | ₹99.83B | -17.95 | ― | ― | 8.82% | 6.36% |
* General Sector Average
IN:ACE
Action Construction Equipment Limited
1,126.55
67.10
6.33%
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Action Construction Equipment Limited Corporate Events
Action Construction Equipment Plans Investor Plant Visit for Dharohar Capital
Aug 10, 2026
Action Construction Equipment Limited has scheduled an investor and analyst plant visit for Dharohar Capital at its facility on Dudhola Link Road in Palwal, Haryana, on August 12, 2026. The visit, disclosed under SEBI’s listing regulations, ...
Action Construction Equipment posts Q4 FY26 earnings call audio for investors
May 22, 2026
Action Construction Equipment Limited has notified the stock exchanges that it has released an audio recording of its Q4 FY 2025-26 earnings conference call held on May 21, 2026, and provided a web link for investors to access the recording.By pub...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.