ACE revenue, PAT both up over 20% in June quarter
Standalone revenue at ₹781.68 cr, net profit at ₹118.59 cr. Construction equipment leads, agriculture adds ₹45.73 cr. Routine filing, no guidance change.
— 5 earlier stories on Action Construction Equipment Ltd. →What's new
- Standalone revenue rose 20% YoY to ₹781.68 cr.
- Net profit advanced 22.5% to ₹118.59 cr.
- Agriculture equipment contributed ₹45.73 cr; ₹35 cr in CP issued.
Why this matters
A solid start to FY27, but the filing is entirely routine. No guidance, no strategy shifts. Just a compliance stamp. The stock already trades at a 28x P/E, so the investment case hinges on order momentum, not these numbers alone.
What we're watching
- Whether the 9-12% price hikes announced in May protect margins from steel costs.
- Order inflow trends in cranes and construction equipment.
- Any update on the Kato JV or anti-dumping resolution.
The full read
ACE posted a 20% revenue rise to ₹781.68 crore in the June quarter. Net profit climbed 22.5% to ₹118.59 crore. Solid. The core construction equipment division led, and agriculture added ₹45.73 crore. The company also issued ₹35 crore in commercial paper and exercised 7,812 employee stock options. Seasonally, revenue is below the ₹1,029 crore reported in March, but margins improved — a sign that the 9-12% price hikes announced in May may be holding against steel costs. This is a routine filing though. No guidance, no extraordinary items, no strategy changes. The stock needs more than a solid quarter; order trends and the Kato JV will matter more. It's a constructive data point, not a catalyst.
Questions answered
- How does this quarter compare sequentially to March 2026?
- Revenue dipped from ₹1,029 cr to ₹781.68 cr, which is normal seasonality. PAT rose from ₹111 cr to ₹118.59 cr, suggesting better margins.
- What drove the revenue growth?
- The cranes and construction equipment division led sales. The agriculture equipment segment contributed ₹45.73 crore.
- Did the company provide any forward guidance or strategic updates?
- No. The filing contains no guidance, extraordinary items, or new strategic information. It is a standard compliance disclosure.
- What is ACE's debt level?
- Debt/equity stands at 0.01, indicating very low leverage.
Action Construction Equipment Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on ACE →- 20 Jul 2026 · 4:49 PM IST ACE revenue, PAT both up over 20% in June quarter
- 1d ago ACE posts record Q1 profit, forms JV with Japan's KATO for heavy cranes
- 1d ago Action Construction Equipment logs 20% revenue growth in June quarter
- 56d ago ACE hikes prices 9-12% to fight 22% steel cost jump
- 61d ago Action Construction drops anti-dumping hurdle for Kato JV