Action Construction Equipment Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹11,845 Cr
- P/E
- 27.12
- ROE
- 22.81%
- PEG
- 0.71
- Price to sales
- 3.46
- Debt to equity
- 0.00
- 52W high / low
- ₹1,254 / ₹749
- Sales growth (5Y)
- 21.73%
- EBITDA margin
- 15.50%
- Net profit margin
- 12.60%
- Promoter holding
- 65.42%
- Sales (last year)
- ₹3,414 Cr
Action Construction Equipment Ltd is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters, rotavators, etc.
Guidance scorecard · Q1 FY27 call
What Action Const.Eq.'s management guided
and where it ranks in Agricultural, Commercial & Construction Vehicles
Agricultural, Commercial & Construction Vehicles
RevenueQ1 FY27 call
0–10%- Guidance to be given around September end.
- Medium to long-term growth built on strong capacity and upgraded processes.
- Key growth drivers: inorganic growth, exports, domestic infrastructure expansion, manufacturing, logistics, data centers, and defense segment.
- Defense segment expected to contribute around 5-6% of overall revenue with order inflows increasing.
- Backhoe loaders identified as a potentially fastest-growing segment with ongoing initiatives to boost volumes.
- Hydras and new generation cranes expected to drive sales growth with improving market share.
2 more points from Action Const.Eq.'s call on revenue
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MarginsQ1 FY27 call
FlatSee what Action Const.Eq. said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- New defense manufacturing facility (Plant 9) under construction, expected operational by end of Q3 or early Q4 FY27.
- Investment of INR 40-50 crores in this facility.
- Facility capacity targeted at ~INR 500 crores turnover.
- Total capex for FY27 estimated at INR 200-250 crores.
2 more points from Action Const.Eq.'s call on capex
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FundraisingQ1 FY27 call
See what Action Const.Eq. said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- Defense segment orders received this quarter are small (INR 1-5 crores), with no big order yet.
- Expecting a repeat of a large defense order worth over INR 100 crores in the next 1-2 quarters.
- Defense revenue contribution for Q1 around 5%, expected to be 5-6% for FY27.
- Export sales were around 3% in Q1, expected to be at least 6-7% for the full year.
- Combined export and defense contributions expected to be 10-12% of overall revenue for FY27.
2 more points from Action Const.Eq.'s call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural, Commercial & Construction Vehicles
on management's own guidance
- BEML LtdGood growth2
- TILGood growth1
- Indo Farm Equip.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Agricultural, Commercial & Construction Vehicles companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | TIL | 20–40% | Up 2%+ | ₹1,894 Cr | — |
| 2 | BEML Ltd | 20–40% | Flat | ₹16,396 Cr | 91.9 |
| 3 | Indo Farm Equip. | 20–40% | Flat | ₹630 Cr | 25.3 |
| 4 | 20–40% | Flat | ₹38 Cr | 6.2 | |
| 5 | 10–20% | Flat | ₹1.55L Cr | 20.9 | |
| 6 | 10–20% | Flat | ₹87,468 Cr | 23.5 |
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Pro shows every company guiding 40%+ revenue growth →Full Agricultural, Commercial & Construction Vehicles rankingFinancials of Action Const.Eq.
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Action Const.Eq.
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 614 | 652 | 673 | 753 | 836 | 734 | 757 | 875 | 961 | 652 | 744 | 855 | 1,029 |
| Expenses + | 541 | 570 | 584 | 650 | 706 | 636 | 648 | 740 | 797 | 559 | 635 | 725 | 857 |
| Operating Profit | 73 | 82 | 89 | 103 | 130 | 99 | 109 | 135 | 164 | 93 | 109 | 130 | 172 |
| OPM % | 12% | 13% | 13% | 14% | 16% | 13% | 14% | 15% | 17% | 14% | 15% | 15% | 17% |
| Other Income + | 3 | 16 | 17 | 23 | 21 | 28 | 34 | 30 | 8 | 51 | 29 | 36 | -6 |
| Interest | 3 | 3 | 4 | 6 | 11 | 7 | 9 | 8 | 4 | 8 | 6 | 5 | 3 |
| Depreciation | 5 | 5 | 5 | 6 | 7 | 7 | 7 | 7 | 7 | 8 | 9 | 9 | 10 |
| Profit before tax | 68 | 90 | 97 | 114 | 133 | 112 | 127 | 149 | 161 | 128 | 124 | 152 | 153 |
| Tax % | 31% | 25% | 24% | 23% | 26% | 25% | 25% | 25% | 26% | 23% | 27% | 23% | 28% |
| Net Profit + | 47 | 68 | 74 | 88 | 98 | 84 | 95 | 112 | 119 | 98 | 90 | 116 | 111 |
| EPS in Rs | 4.00 | 5.67 | 6.21 | 7.41 | 8.27 | 7.07 | 7.96 | 9.38 | 9.96 | 8.21 | 7.56 | 9.78 | 9.31 |
Financials of Action Const.Eq.
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 599 | 637 | 751 | 1,087 | 1,343 | 1,156 | 1,227 | 1,630 | 2,160 | 2,914 | 3,327 | 3,280 |
| Expenses + | 580 | 607 | 712 | 995 | 1,245 | 1,065 | 1,108 | 1,478 | 1,939 | 2,510 | 2,821 | 2,776 |
| Operating Profit | 19 | 31 | 39 | 92 | 98 | 92 | 119 | 151 | 221 | 404 | 506 | 504 |
| OPM % | 3% | 5% | 5% | 8% | 7% | 8% | 10% | 9% | 10% | 14% | 15% | 15% |
| Other Income + | 12 | 10 | 8 | 8 | 10 | 4 | 15 | 11 | 41 | 77 | 100 | 110 |
| Interest | 13 | 14 | 16 | 14 | 12 | 15 | 12 | 10 | 10 | 23 | 29 | 22 |
| Depreciation | 10 | 11 | 12 | 12 | 12 | 13 | 14 | 15 | 18 | 23 | 28 | 35 |
| Profit before tax | 8 | 15 | 19 | 74 | 84 | 68 | 108 | 137 | 234 | 434 | 549 | 557 |
| Tax % | 35% | 42% | 27% | 30% | 33% | 23% | 26% | 24% | 26% | 24% | 25% | 25% |
| Net Profit + | 5 | 9 | 14 | 52 | 56 | 52 | 80 | 105 | 173 | 328 | 409 | 415 |
| EPS in Rs | 0.67 | 0.85 | 1.31 | 4.44 | 4.78 | 4.63 | 7.03 | 8.82 | 14.41 | 27.56 | 34.36 | 34.86 |
| Dividend Payout % | 30% | 24% | 23% | 11% | 10% | 11% | 7% | 7% | 7% | 7% | 6% | 0% |
Financials of Action Const.Eq.
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 23 | 23 | 23 | 23 | 23 | 23 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 272 | 259 | 311 | 359 | 414 | 420 | 501 | 730 | 895 | 1,206 | 1,591 | 1,987 |
| Borrowings + | 138 | 154 | 114 | 78 | 53 | 82 | 55 | 31 | 7 | 4 | 16 | 8 |
| Other Liabilities + | 180 | 183 | 229 | 356 | 396 | 429 | 477 | 497 | 674 | 934 | 1,079 | 1,233 |
| Total Liabilities | 609 | 620 | 677 | 817 | 887 | 954 | 1,055 | 1,282 | 1,600 | 2,169 | 2,710 | 3,252 |
| Fixed Assets + | 283 | 315 | 346 | 337 | 341 | 412 | 429 | 452 | 487 | 580 | 716 | 782 |
| CWIP | 7 | 2 | 7 | 5 | 8 | 19 | 13 | 24 | 24 | 44 | 29 | 48 |
| Investments | 14 | 17 | 18 | 35 | 45 | 28 | 31 | 179 | 349 | 594 | 918 | 1,283 |
| Other Assets + | 305 | 286 | 305 | 439 | 493 | 494 | 582 | 627 | 739 | 951 | 1,048 | 1,138 |
| Total Assets | 609 | 620 | 677 | 817 | 887 | 954 | 1,055 | 1,282 | 1,600 | 2,169 | 2,710 | 3,252 |
Financials of Action Const.Eq.
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 40 | 57 | 76 | 89 | 72 | 48 | 86 | 104 | 274 | 433 | 412 | 417 |
| Cash from Investing Activity + | -14 | -25 | -17 | -35 | -27 | -20 | -16 | -201 | -218 | -368 | -382 | -350 |
| Cash from Financing Activity + | -26 | -33 | -57 | -53 | -44 | -33 | -40 | 71 | -41 | -39 | -29 | -52 |
| Net Cash Flow | -1 | -0 | 2 | 1 | 2 | -5 | 30 | -27 | 16 | 27 | 1 | 15 |
| Free Cash Flow | 26 | 32 | 61 | 59 | 49 | 10 | 70 | 59 | 238 | 268 | 206 | 331 |
| CFO/OP | 226% | 186% | 204% | 114% | 96% | 70% | 93% | 90% | 154% | 133% | 108% | 114% |
Financials of Action Const.Eq.
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 47 | 51 | 57 | 39 | 47 | 67 | 42 | 29 | 21 | 29 | 32 |
| Inventory Days | 119 | 102 | 78 | 69 | 79 | 124 | 113 | 104 | 99 | 100 | 83 | 100 |
| Days Payable | 98 | 93 | 102 | 112 | 105 | 147 | 141 | 129 | 119 | 124 | 130 | 151 |
| Cash Conversion Cycle | 70 | 56 | 27 | 14 | 14 | 24 | 39 | 18 | 9 | -4 | -18 | -20 |
| Working Capital Days | -17 | -19 | -10 | 1 | 4 | 2 | 11 | 18 | -2 | -17 | -21 | 37 |
| ROCE % | 3% | 6% | 8% | 19% | 20% | 16% | 21% | 21% | 26% | 42% | 40% | 32% |
Guidance history
How Action Const.Eq.'s guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 0–10% | Flat | Planned | — | — |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | None planned | Rising |
| Q2 FY26 call → | 0–10% | Up 0–2% | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
29 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −10.5% | 50% |
| Last 6 months | +12.1% | 70% |
| Last 3 months | −7.1% | 53% |
The price is 36.8% below its all-time high of ₹1,574.15 (5 Apr 2024). Stocks more than 20% below their peak have their score halved, so 58 became 29.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Action Const.Eq.: 0.4 × 50 + 0.4 × 70 + 0.2 × 53 = 58, halved to 29 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Action Const.Eq.'s management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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