Action Construction Equipment Limited (IN:ACE)
:ACE
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Action Construction Equipment Limited
(ACE)
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Rating:69Neutral
Price Target:
₹948.00
▼(-0.59% Downside)
Action:Reiterated
Date:05/22/26
The score is primarily supported by strong financial performance—high-quality profitability and an exceptionally low-leverage balance sheet—partly offset by uneven cash-flow conversion and volatility in free cash flow. Technical signals are neutral-to-soft with the price below key longer-term averages, and valuation is only average with a moderate P/E and very low dividend yield.
Positive Factors
Very conservative balance sheet
Extremely low leverage reduces refinancing and interest-rate risk and preserves financial flexibility over years. Expanded equity has supported asset growth and allows the company to fund investments or weather cyclical downturns without relying on market debt, sustaining long-term stability.
Negative Factors
Uneven cash-flow conversion
Weak and volatile cash conversion suggests working-capital swings or timing differences between revenue recognition and cash receipts. That limits the firm's ability to reliably fund capex, buybacks, or higher dividends, and increases reliance on balance-sheet strength to bridge cash timing gaps.
Read all positive and negative factors
Positive Factors
Negative Factors
Very conservative balance sheet
Extremely low leverage reduces refinancing and interest-rate risk and preserves financial flexibility over years. Expanded equity has supported asset growth and allows the company to fund investments or weather cyclical downturns without relying on market debt, sustaining long-term stability.
Read all positive factors
Action Construction Equipment Limited (ACE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹106.25B
Dividend Yield0.21%
Average Volume (3M)11.02K
Price to Earnings (P/E)26.7
Beta (1Y)1.29
Revenue Growth-1.40%
EPS Growth1.45%
CountryIN
Employees1,387
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)35.13
Shares Outstanding119,083,200
10 Day Avg. Volume8,655
30 Day Avg. Volume11,015
Financial Highlights & Ratios
PEG Ratio15.07
Price to Book (P/B)4.43
Price to Sales (P/S)2.72
P/FCF Ratio24.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)44.8
Revenue Forecast (FY)₹40.69B
Action Construction Equipment Limited Business Overview & Revenue Model
Company Description
Action Construction Equipment Limited (ACE) specializes in the manufacturing and distribution of material handling and heavy construction machinery, with its primary market being India. The company's business activities are structured into four ma...
How the Company Makes Money
ACE primarily makes money by selling its manufactured construction and material-handling equipment to customers such as construction contractors, infrastructure project companies, industrial manufacturers, logistics/warehousing operators, and equi...
Action Construction Equipment Limited Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
71
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.30B | 32.80B | 33.25B | 29.10B | 21.57B | 16.30B |
| Gross Profit | 8.71B | 8.77B | 9.07B | 7.66B | 5.37B | 4.58B |
| EBITDA | 6.19B | 6.14B | 6.06B | 4.80B | 2.62B | 1.62B |
| Net Income | 4.18B | 4.15B | 4.09B | 3.28B | 1.72B | 1.05B |
Balance Sheet | ||||||
| Total Assets | 29.90B | 32.52B | 27.11B | 21.69B | 16.00B | 12.82B |
| Cash, Cash Equivalents and Short-Term Investments | 4.92B | 6.37B | 4.31B | 4.76B | 2.44B | 1.25B |
| Total Debt | 1.43B | 79.00M | 164.40M | 44.63M | 74.48M | 93.82M |
| Total Liabilities | 12.08B | 12.41B | 10.94B | 9.38B | 6.80B | 5.28B |
| Stockholders Equity | 17.83B | 20.11B | 16.15B | 12.30B | 9.19B | 7.54B |
Cash Flow | ||||||
| Free Cash Flow | -406.10M | 3.71B | 1.91B | 2.58B | 2.00B | 552.70M |
| Operating Cash Flow | 47.40M | 4.64B | 4.12B | 4.33B | 2.74B | 1.04B |
| Investing Cash Flow | -1.17B | -4.10B | -3.83B | -3.68B | -2.18B | -2.01B |
| Financing Cash Flow | 868.20M | -393.00M | -289.90M | -386.56M | -410.07M | 708.00M |
Action Construction Equipment Limited Technical Analysis
Positive
953.60
Price Trends
885.98
Positive
872.05
Positive
950.74
Negative
Market Momentum
3.15
Negative
60.42
Neutral
65.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ACE, the sentiment is Positive. The current price of 953.6 is above the 20-day moving average (MA) of 886.44, above the 50-day MA of 885.98, and above the 200-day MA of 950.74, indicating a neutral trend. The MACD of 3.15 indicates Negative momentum. The RSI at 60.42 is Neutral, neither overbought nor oversold. The STOCH value of 65.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ACE.
Action Construction Equipment Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹260.24B | 124.22 | ― | ― | 9.63% | -20.64% | |
69 Neutral | ₹106.25B | 26.69 | ― | 0.21% | -1.40% | 1.45% | |
69 Neutral | ₹131.86B | 36.77 | ― | 0.43% | 1.02% | -10.02% | |
65 Neutral | ₹33.23B | 8.05 | ― | 0.16% | -41.35% | -56.36% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | ₹143.90B | 104.62 | ― | 0.29% | 8.16% | -51.67% | |
51 Neutral | ₹122.55B | 21.35 | ― | 1.56% | -15.69% | -18.10% |
* Industrials Sector Average
IN:ACE
Action Construction Equipment Limited
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-21.50%
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Action Construction Equipment Limited Corporate Events
Action Construction Equipment posts Q4 FY26 earnings call audio for investors
May 22, 2026
Action Construction Equipment Limited has notified the stock exchanges that it has released an audio recording of its Q4 FY 2025-26 earnings conference call held on May 21, 2026, and provided a web link for investors to access the recording.By pub...
Action Construction Equipment Schedules Virtual Meet With Schroder
Feb 24, 2026
Action Construction Equipment Limited has notified stock exchanges about its upcoming interaction with institutional investors as part of its regular market communication. The company operates in the construction equipment and material handling in...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.