Action Construction Equipment (ACE) reported its highest ever quarterly revenue and profits for Q3 FY25, with total income rising by 16.6% compared to the same period last year. The company’s EBITDA margins expanded by 204 basis points, reaching 18.24%, reflecting continued growth driven by operating efficiency, a favorable product mix, and effective cost control.
In terms of segment performance, ACE saw strong growth across its product categories. Cranes, Material Handling & Construction Equipment volumes grew by 17.92%, with revenue increasing by 15.49%. Additionally, the Agri Equipment division experienced a significant 24% rise in revenue, further contributing to the company’s robust performance during the quarter.
Sorab Agarwal, Executive Director of ACE, highlighted that the company’s strong focus on customer satisfaction, operational execution, and flexibility has placed ACE on a path to consistent high performance. He also noted that the Union Budget for 2025-26 maintains a focus on infrastructure development, with the government’s capex projected to remain above 3% of GDP for the third consecutive year. This continued emphasis on infrastructure investment is expected to enhance productivity and drive economic growth.
On a standalone basis, ACE reported a 15.93% increase in operational revenue, rising from ₹753.15 crore to ₹873.10 crore, marking its best-ever quarterly revenue. EBITDA grew by 27.40% to ₹160.38 crore, compared to ₹125.89 crore in the same period last year. EBITDA margins expanded by 154 basis points, reaching 17.76%. Profit Before Tax (PBT) increased by 26.49% to ₹144.93 crore, while Profit After Tax (PAT) grew by 21.05% to ₹107.15 crore. The PBT and PAT margins both expanded on a YoY basis. These results reflect the company’s best-ever performance in terms of revenue, EBITDA, PBT, and PAT.
ACE maintained strong growth across all segments. In the Cranes, Material Handling & Construction Equipment segment, consolidated revenue grew by 15.19% to ₹795.73 crore, compared to ₹690.79 crore in Q3 FY24. The company sold 3,539 units, up 17.92% YoY. The segment’s margin also expanded by 375 basis points YoY, reaching ₹154.38 crore, a growth of 42.81%.
In the Agri Equipment division, revenue grew to ₹77.37 crore, with a margin of 4.73%. Looking ahead, the company expects continued demand in the agriculture sector due to favorable conditions, including water reservoir levels and the government’s focus on improving agricultural productivity.
For the nine months ending FY25, ACE reported a 13.75% increase in operational revenue, reaching ₹2,361.07 crore. EBITDA for the period rose by 30% to ₹428.07 crore, while PBT grew by 27.37% to ₹382.61 crore. PAT increased by 24.29% to ₹285.23 crore. EBITDA margins expanded by 202 basis points to 17.46%, while PBT and PAT margins grew by 151 and 86 basis points, respectively.
The company remains optimistic about its future prospects, with continued investments in capacity and infrastructure. With strong sectoral growth in infrastructure, manufacturing, power, logistics, and housing, ACE is well-positioned to capitalize on opportunities in the medium to long term.
Action Construction Equipment Ltd (ACE) is one of India’s leading manufacturers in the material handling and construction equipment sector. Established with a mission to provide world-class equipment, ACE specializes in offering a wide range of products including cranes, loaders, forklifts, and tractors. The company has built a strong reputation for its quality, reliability, and innovative solutions that cater to the diverse needs of industries such as construction, infrastructure, and logistics.
With a focus on continuous improvement and customer satisfaction, ACE has achieved significant growth and maintained a robust market presence, becoming a trusted name in the industry. Their commitment to excellence and technological advancements positions them as a key player in the global construction equipment landscape.
