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Action Construction Equipment (ACE) investor relations material
Action Construction Equipment Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY2026 saw stabilization after a modest Q1 decline, with early recovery signs and a constructive macro environment supporting future growth.
Over 30 years of industry presence, leading in mobile and tower cranes with 63% and ~60% domestic market share, and a global footprint in 37+ countries.
Major order from Ministry of Defence for 1,121 Rough Terrain Forklifts worth ₹420 crore, partially executed in current FY.
Unaudited standalone and consolidated financial results for the quarter and six months ended 30 September 2025 were approved, with limited review reports issued without qualification by the auditors.
The company deconsolidated its investment in SC Forma SA during the period, resulting in a gain on divestment of Rs. 1,286 lakhs.
Financial highlights
Q2 FY2026 consolidated total income was INR 782.18 crore (Rs. 7,736 Mn), flat year-over-year; EBITDA margin expanded to 19.40% with EBITDA at INR 151.75 crore, up 6.72% YoY.
Q2 FY26 consolidated profit after tax was Rs. 9,006 lakhs, compared to Rs. 9,482 lakhs in Q2 FY25; standalone PAT for Q2 FY26 was INR 103.87 crore, up 131 bps YoY.
H1 FY2026 total income was INR 1,485 crore, down 4% YoY, but EBITDA grew 10% to INR 294.3 crore; H1 PAT grew 12.7% to INR 200.7 crore.
H1 FY26 EBITDA margin expanded 180 bps YoY to 19.12%; PAT margin up 119 bps to 12.72%.
Diluted EPS for H1 FY26: ₹15.78, up 5% YoY.
Outlook and guidance
Flattish to single-digit revenue growth expected in FY2026, with modest EBITDA margin expansion from cost efficiencies and improved product mix.
Medium to long-term revenue guidance: INR 4,000–4,400 crore by FY2027 and INR 6,000–6,200 crore by FY2029–30.
Anti-dumping duty on Chinese cranes and resilient macroeconomic fundamentals in India expected to provide long-term strategic advantage.
H2 typically contributes 55–60% of annual revenue; recovery expected to strengthen from mid-Q3 onward.
Board recommended a final dividend of Rs. 2.00 per equity share for FY25, approved by shareholders.
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