Action Construction Equipment Limited has informed the Exchange regarding 'Earnings presentation-Q1/FY2026 '.
ACE · price
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Awaiting price reaction for this filing.
ACE shared its Q1 FY2026 earnings presentation. Total income came in at Rs 7,032 Mn, down 7.7% YoY due to CEV-5 emission norms adoption, early monsoon onset, and global uncertainties, with management expecting normalization from Q3 onwards. Despite the revenue dip, profitability improved sharply — EBITDA grew 14% YoY to Rs 1,439 Mn (margin up 389 bps to 20.46%) and PAT rose 16% to Rs 977 Mn (margin 13.89%, up 284 bps), driven by calibrated pricing, cost efficiencies, and softening commodity prices. Diluted EPS stood at Rs 8.21, up 16.1% YoY. The company highlighted its single largest order from the Ministry of Defence for 1,121 Rough Terrain Forklifts/Telehandlers worth Rs 420 Crores, to be partly executed in FY26. ACE remains a market leader with 63%+ share in Mobile Cranes and 60% in Tower Cranes, operates in 37+ countries, and reported a net cash position with negative net debt-to-equity and ROCE of 40.6% in FY25.
Short-term sentiment may be cautious given the 7.7% revenue decline, but strong margin expansion, a Rs 420 Cr defence order pipeline, and net-cash balance sheet signal operational resilience and could support the stock. Investors should watch for revenue recovery from Q3 FY26 as guided by management.