ACECapital Goods

Action Construction Equipment Limited

Construction Vehicles · ISIN INE731H01025 · BSE 532762 · NSE EQ · FV ₹2
Last price
₹1,105
+5.16%today
What this company does

Action Construction Equipment Limited operates in Construction Vehicles, part of the Capital Goods sector. It booked ₹786 cr of revenue in its latest quarter (Q1 FY27) and kept 15.2% of sales as profit. It is the 2nd largest of 5 Construction Vehicles companies we track, by market value.

In the report:
71out of 100
Equitytale Health Score
Solid

Healthier than 71% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 19–127 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns81

How much profit it earns on the money it employs

Balance sheet72

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation28

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 15% net margin
✓ Sales up 20% vs last year
✓ Profit up 22% vs last year
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Strong 24% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in ACE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,105▲ +5.16%
latest close · 2026-11-04
1-year return
+315.6%
52-wk low ₹17552-wk high ₹1,268
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio27.5Average
LowAverageHigh
P/B ratio6.54High
Below bookModerateHigh
EV / EBITDA19.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.8%Strong
WeakFairStrong ▸15%
Return on capital32.1%Strong
WeakFairStrong
Net margin15.2%Strong
ThinDecentStrong
EBITDA margin22.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover33.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.33Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹13,158 cr
Book value
₹169
EPS
₹10.04
latest quarter
Net debt
₹-64 cr
more cash than debt
Enterprise value
₹13,093 cr
EBITDA
₹690 cr
annualised
EBIT
₹653 cr
annualised
Operating margin
20.8%
Return on assets
14.7%
Earnings yield
3.64%
P/S
4.19
Sales / share
₹263.9
Tax rate
24.6%
Face value
₹2
Shares
11.9 cr
Working capital
₹406 cr
Current assets
₹1,624 cr
Current liabilities
₹1,218 cr
Delivery %
45.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹480 vs market price ₹1,105 — price is 130% above it
Safety cushion-130.2%(target ≥ +20%)
Models span ₹427–₹533, midpoint ₹480
Model ₹480
Price ₹1,105
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹786 cr
Other Income₹55 cr
Total Income₹840 cr
Cost of Materials₹600 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-70 cr
Employee Benefit Expense₹39 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹99 cr
Total Expenses₹682 cr
Profit before Tax₹158 cr
Tax Expense₹39 cr
Net Profit₹119 cr
Net margin on total income14.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹530 cr63.1%
Employee benefit expense₹39 cr4.6%
Finance costs₹5 cr0.6%
Depreciation & amortisation₹9 cr1.1%
Other expenses₹99 cr11.7%
Tax expense₹39 cr4.6%
Profit for the period₹119 cr14.2%
Total income ₹840 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue855 cr1,029 cr786 cr
Total income890 cr1,023 cr840 cr
Expenses738 cr870 cr682 cr
Profit before tax152 cr153 cr158 cr
Tax35 cr43 cr39 cr
Net profit (owners' share)116 cr111 cr119 cr
Net margin (owners' share, on revenue)13.6%10.8%15.2%
EPS (₹)9.789.3210.04
YoY (latest quarter): total income +19.5% · net profit +22.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹3,252 cr
Shareholder equity
₹2,011 cr
parent shareholders
Total debt
₹11 L
Cash
₹64 cr
Cash flow · H1 FY26
Operating
₹5 cr
Investing
₹-117 cr
Financing
₹87 cr
Peer comparison
Construction Vehicles · by market value
CompanyPriceMarket capP/E
BEML Limited₹2,052₹17,088 cr—
Action Construction Equipment Limitedthis company₹1,051₹12,512 cr26.2
Ajax Engineering Limited₹550₹6,294 cr28.3
TIL Limited₹202₹1,602 cr—
Indo Farm Equipment Limited₹117₹563 cr24.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.18%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 3 Sep 2026
ActionDetailEx-date
Dividend₹2 / share3 Sep 2026
Dividend₹2 / share14 Aug 2025
Dividend₹2 / share19 Aug 2024
Dividend₹1 / share17 Aug 2023
Dividend₹0.6 / share9 Sep 2022
Dividend₹0.5 / share25 Aug 2021
Who owns it · 2026-09-30
No pledge
Promoter
65.4%
FII / Foreign
8.5%
DII / Domestic
3.0%
Retail / others
23.0%
Promoter stake down 1.3% over the last 12 quarters.
Smart-money activity
Insider trades
SoldVYOM AGARWAL · Designated Person4,059 · ₹49.3 L29 Sep 26
SoldAJAY MALIK · Designated Person6,333 · ₹79.2 L24 Sep 26
BoughtMr. Vijay Agarwal · Promoters2,200 · ₹22.1 L20 Aug 25
Bulk / block deals
short— · NSE5018 Sep 26
short— · NSE6726 Aug 26
short— · NSE45029 Jul 26
Stake changes
SoldMrs.Mona Agarwal · promoter→ 27.02% · 35.00 L12 Mar 21
BoughtMona Agarwal · promoter→ 30.10% · 83.18 L8 Dec 20
SoldMrs. Mona Agarwal · promoter→ 30.17% · 83.18 L8 Dec 20
Promoter pledges
ReleasedICICI Bank1.01 L · 0.08% held12 Jul 17
ReleasedICICI Bank677 · 0.15% held28 Sep 16
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Sep 2026
See the official result
1
1. To receive, consider and adopt: (a) The audited standalone financial statement of the Company for the financial year ended March 31, 2026 and reports of Board of Directors and Auditors’ thereon
Backed by 100% of shareholders other than promotersneeded 50%
1.43 cr votes for, 651 against · 0% of mutual funds and other big investors said no
2
1. To receive, consider and adopt: (b) The audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.43 cr votes for, 651 against · 0% of mutual funds and other big investors said no
3
2. To declare a final dividend of Rs2.00 i.e. (100%) per equity share for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.43 cr votes for, 10,709 against · 0% of mutual funds and other big investors said no
4
3. To appoint Mr. Sorab Agarwal (DIN: 00057666) who retires by rotation as Director.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.42 cr votes for, 58,339 against · 0% of mutual funds and other big investors said no
6
5. To give loans, inter corporate deposits, give guarantees in connection with loans made by any person or body corporate and acquire by way of subscription, purchase or otherwise the securities of any other body corporate in excess of the limits prescribed in Section 186 of the Companies Act, 2013.
⚑ Passed only because promoters voted yes
Backed by 55% of shareholders other than promotersneeded 75%
76.42 L votes for, 61.67 L against · 56% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 65.4% between them · as of 2026-09-30
Mr. Vijay Agarwal28.76%
Mrs. Mona Agarwal24.65%
Mr. Sorab Agarwal6.15%
Mrs.Surbhi Garg5.82%
Mrs. Anuradha Garg0.04%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.