Outcome of Board meeting held on 20th May, 2026 is attached herewith.
ACE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Action Construction Equipment Ltd reported audited financial results for Q4 and full year ended March 2026. Standalone revenue from operations was Rs. 327,368 lakhs, slightly lower than Rs. 332,032 lakhs in the previous year. However, profit after tax grew to Rs. 42,542 lakhs from Rs. 40,364 lakhs, while basic EPS improved to Rs. 35.75 from Rs. 33.92. The Board recommended a dividend of Rs. 2.00 per share (100% on face value of Rs. 2), subject to shareholder approval at the AGM. Notable items include a one-time charge of Rs. 640 lakhs due to new labour codes and a gain of Rs. 1,286 lakhs from divestment of subsidiary SC Forma SA. The auditors issued an unmodified opinion.
The company delivered improved profitability despite flat revenue, indicating better cost control. The dividend recommendation signals confidence in financial health and will be positive for investor sentiment. Lower revenue may raise concerns about growth slowdown.