Action Const Equip Share Price

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.

Financial highlights

• The company’s revenue from operations stood at ₹2,159.68 crore in FY23 as against ₹1,629.58 crore in FY22.
• Its EBITDA (earnings before interest, tax, depreciation and amortisation) increased 62% year-on-year to ₹262 crore in FY23.
• The company’s operating profit margin improved to 10.42% in FY23 as against 9.34% in FY22.
• The company’s profit after tax (PAT) in FY23 increased to ₹173 crore compared to ₹105 crore in FY22.
• Its earnings per share (EPS) increased to ₹14.41 in FY23 as against ₹9.02 in FY22.

Action Const Equip Share Price Today

As of 26 May 2026, Action Const Equip share price is ₹885.45. The stock opened at ₹886.50, compared to its previous close of ₹881.90. During today's trading session, Action Const Equip share price moved in the range of ₹884.00 to ₹907.70, with an average price of ₹895.85 for the day. Looking at its last 52-week, the stock has touched a low of ₹884.00 and a high of ₹907.70. On the performance front, Action Const Equip share price has declined by 8.65% over the last six months and is down 31.46% on a year-on-year basis.

The market capitalization of Action Const Equip is ₹10,494 Crs, with a P/E ratio of 25.3 and a dividend yield of 0.00%.