Action Construction Equipment (ACE) Limited is a major player in the construction engineering and industrial equipment manufacturing sector. The company is primarily engaged in manufacturing of material handling and construction equipment in India. ACE Limited enjoys a dominant position in the mobile cranes and tower cranes segment.
ACE Ltd was established in 1995. Initially, the company introduced hydraulic cranes in India. In 2005, ACE Constructions turned into a public limited company and it was renamed as Action Construction Equipment (ACE) Limited.
In 2006, the company was among the fastest-growing construction equipment companies in India. In 2007, its Cyprus subsidiary FRESTED Ltd acquired a 73.9% stake in a Romanian company via SC FORMA SA-Romania. In 2008, the company signed a memorandum of understanding (MoU) with a Chinese firm.
In 2009-10, the company started manufacturing tractors and developed advanced technology for big tower cranes. In 2011, the company launched a new construction equipment model, 15XW E. It introduced a new generation of pick-and-carry crane models for the material handling market.
In later years, ACE Limited kept adding new equipment models to their product range. In 2015, the company launched India’s first topless tower crane this year. In 2022, the company launched India’s first electric mobile crane.
ACE Limited’s market capitalisation stood at over ₹13,600 crore, as of February 8, 2024. ACE share price has surged more than 600% in the last three years.
ACE Limited business operations
ACE Limited operates in the field of infrastructure, construction, heavy engineering and industrial projects across the country. The company’s construction and industrial equipment portfolio includes mobile/fixed tower cranes, crawler cranes, truck mounted cranes, lorry loaders, backhoe loaders/loaders, vibratory rollers, forklifts, tractors and harvesters.
ACE Limited’s operations are spread across 37 countries outside India. The company caters to more than 16,000 regular customers from the construction and material handling sectors. The sales network of ACE Limited spans over 100 locations in India alone.
The company has manufacturing facilities in Delhi and Haryana. The production capacity of these facilities is over 12,000 construction equipment and 9,000 tractors annually. The company runs its operations through 21 regional offices and 200 agri dealers across the country.
The company also offers high-mobility truck cranes for off-terrain and heavy-lifting applications.
Action Const Equip Financial Highlights
- Revenue: Action Const Equip reported revenue of ₹3,390.50 crore in FY26 vs ₹3,427.37 crore in FY25. It showed a decrease of 1.08% on a yearly basis.
- Operating Profit: Action Const Equip reported an operating profit of ₹556.71 crore in FY26 vs ₹549.12 crore in FY25. It showed an increase of 1.38% on a year-on-year basis.
- Net Profit: Action Const Equip reported a net profit of ₹415.10 crore in FY26 vs ₹409.24 crore in FY25. It showed an increase of 1.43% on a yearly basis.
Action Const Equip Quarterly Result Highlights
- Action Const Equip reported revenue of ₹840.29 crore in Jun 2026, compared with ₹1,023.37 crore in Mar 2026, representing a decrease of 17.89% on a quarter-on-quarter (QoQ) basis.
- Action Const Equip reported an operating profit of ₹158.42 crore in Jun 2026, compared with ₹153.42 crore in Mar 2026, representing an increase of 3.26% on a quarter-on-quarter (QoQ) basis.
- Action Const Equip reported a profit of ₹119.49 crore in Jun 2026, compared with ₹110.91 crore in Mar 2026, reflecting an increase of 7.74% on a QoQ basis.
- The earnings per share (EPS) of Action Const Equip stood at ₹34.88 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.