Action Construction Equipment Limited (ACE) reported a total income of ₹33,905 million for FY26, achieving an EBITDA of ₹6,140 million and an EBITDA margin of 18.11%. Despite global economic volatility, the company successfully maintained financial discipline and expanded margins. ACE continues to lead in the mobile and tower crane segments and has strategically entered a 50:50 joint venture with KATO WORKS CO., LTD. to bolster its presence in the heavy crane market.
Financial Performance Overview
For the financial year ended March 31, 2026, Action Construction Equipment Limited demonstrated resilient operational performance. The company posted a consolidated total income of ₹33,905 million. Profit after tax (PAT) saw a steady increase of 1.4% year-on-year, reaching ₹4,151 million. With a diluted EPS of ₹34.87, the company remains focused on delivering profitable, volume-led growth amid fluctuating input costs.
Strategic Joint Venture
A key highlight of the fiscal year is the entry into a 50:50 joint venture with KATO WORKS CO., LTD. This partnership is designed to combine ACE’s robust domestic manufacturing and distribution capabilities with KATO’s global expertise in heavy crane technology. This venture focuses on the heavy cranes segment, creating a specialized platform that positions ACE to better capture opportunities in India’s growing infrastructure and industrial capital expenditure cycles.
Operational Highlights and Market Outlook
ACE continues to hold a dominant position as the world’s largest Pick & Carry crane manufacturer, maintaining a 63%+ market share in the mobile crane segment and ~60% in the tower crane segment domestically. The company is actively integrating AI-assisted safety and performance tools, such as SCOS, ALSS, and RAS, into its next-generation product lineup to enhance reliability. With government-backed initiatives like the Construction and Infrastructure Equipment (CIE) scheme, the company remains optimistic about long-term demand across the manufacturing, infrastructure, and agricultural sectors.
Source: BSE
