The Board of Directors in meeting held on Monday, May 26, 2025 has recommended the Dividend @ 100% i.e. Rs. 2.00 per equity shares of Rs. 2 each for the financial year 2024-25 subject to ....
Awaiting price reaction for this filing.
The Board of Action Construction Equipment Limited, at its meeting on May 26, 2025, approved the audited financial results (standalone and consolidated) for Q4 and the full year ended March 31, 2025. The Board recommended a final dividend of Rs. 2.00 per equity share (100% on face value of Rs. 2) for FY 2024-25, subject to shareholder approval at the upcoming AGM — the same payout as last year. On the financial front, standalone revenue from operations grew about 14% YoY to Rs. 3,320 crores in FY25, while profit after tax rose roughly 23% to Rs. 404 crores, with EPS at Rs. 33.92 versus Rs. 27.52 in FY24. Q4 FY25 was also strong, with standalone revenue of Rs. 959 crores (up ~15% YoY) and PAT of Rs. 118 crores (up ~21% YoY). The company operates mainly in cranes, material handling and construction equipment, with a smaller agriculture equipment segment.
Solid double-digit growth in both revenue and profit for FY25 should be viewed positively by shareholders. The unchanged Rs. 2 dividend maintains the payout but offers no yield surprise, so the stock reaction is more likely to be driven by the strong earnings print than by the dividend announcement.