Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q2 FY2025 Earnings Presentation
21 slides from Action Construction Equipment's earnings presentation, Nov 8, 2024
Slide 1: Action Construction Equipment Limited
Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: November 08, 2024 To, The Manager Listing BSE Limited Scrip Code: 532762 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 The Manager Listing National Stock E
Slide 2: Earnings Presentation Q2/H1-FY25
EARNINGS PRESENTATION Q2/H1-FY25 1
Slide 3: At a Glance
At a Glance India’s most diversified CE Manufacturer Established Brand with over 29 years of Operating across Infra, Construction, Industry Presence Manufacturing, Logistics, Defence & Agri sectors World’s largest Pick & Carry Crane Manufacturer Customer Centric Organization with In-depth with Pan I
Slide 4: Company Overview
Company Overview • ACTION CONSTRUCTION EQUIPMENT LIMITED was established in 1995 by Consolidated Financial Highlights (INR Mn) Mr. Vijay Agarwal, a technocrat, who has over 50 years of industry experience and is run by a team of experienced professionals. 29,909 17.32% • ACE is an established and re
Slide 5: Product Portfolio
Product Portfolio Cranes Pick & Carry Cranes Lorry Loaders Rough Terrain Cranes Crawler Cranes Truck Cranes Tower Cranes Construction Equipment Backhoe Loaders Tele Handlers Vibratory Rollers Motor Graders Access Platforms Material Handling Equipment Forklift Trucks Warehousing Equipment Piling Rigs
Slide 6: Opportunities & New Products
Opportunities & New Products • ACE intends to increase the contribution of exports in total revenues to a significant share over the medium term • Tapping Opportunities in the Defence Fully Electric Mobile Crane Sector • Increasing Utilisation Levels of Construction Equipment. • Recent Product Launc
Slide 7: Evolving Opportunities - Exports
Evolving Opportunities - Exports Forma Range of Tractors Telehandler 2-4 Tons Backhoe Loader – Phantom 4x4 ACE intends to increase the contribution of exports in total revenues to a significant share over the next 2-3 years Accordingly, ACE launched Forma Range of Tractors, Telehandler and Backhoe L
Slide 8: Sectoral Growth Drivers
Sectoral Growth Drivers • Investment of INR 75,000 Crs, for one hundred critical transport infrastructure projects, for last and first mile Capex outlay increased connectivity for ports, coal, steel, fertilizer, and food grains sectors. • Urban Infrastructure Development Fund (UIDF) will be establis
Slide 9: Sectoral Growth Drivers
Sectoral Growth Drivers • The Ministry of Agriculture and Farmers' Welfare has been allocated INR 1,52,000 Crores in the 2024-25 Union Budget. • Indian tractor market stands at ~8,74,000 units and the Indian agricultural tractor market is anticipated to grow at a CAGR of 6.7% over the forecast perio
Slide 10: Financial Overview Q2/H1-FY25
FINANCIAL OVERVIEW Q2/H1-FY25 9
Slide 11: Q2/H1-FY25 Financial & Operational Highlights
Q2/H1-FY25 Financial & Operational Highlights Q2-FY25 Financial Highlights (Consolidated) Q2-FY25 Operational Highlights INR 7,909 Mn INR 1,427 Mn 18.04% Total Income* EBITDA EBITDA Margin • ACE registered its best ever Q2 i.e. Jul-Sep quarter in terms of revenue and margins. • Continued growth mome
Slide 12: Segment wise – Quarterly Sales Volume
Segment wise – Quarterly Sales Volume Cranes, Material Handling Agri Equipment* & Construction Equipment 2,951 2,863 818 724 2,626 495 Q2-FY24 Q1-FY25 Q2-FY25 Q2-FY24 Q1-FY25 Q2-FY25 *Rotavators Have Been Discontinued in FY25 hence numbers are not strictly comparable
Slide 13: Segment wise – H1 Sales Volume
Segment wise – H1 Sales Volume Cranes, Material Handling Agri Equipment* & Construction Equipment 5,814 5,084 1,851 1,579 3,922 1,219 H1-FY23 H1-FY24 H1-FY25 H1-FY23 H1-FY24 H1-FY25 *Rotavators Have Been Discontinued in FY25 hence numbers are not strictly comparable
Slide 14: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q Total Income* 7,909 6,902 14.6% 7,618 3.8% Total Expenses 6,482 5,841 11.0% 6,356 2.0% EBITDA 1,427 1,061 34.5% 1,262 13.1% EBITDA Margins (%) 18.04% 15.37% 267 Bps 16.57% 147 Bps Depreciation 70 54
Slide 15: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Total Income* 15,527 13,581 14.3% Total Expenses 12,838 11,540 11.2% EBITDA 2,689 2,041 31.7% EBITDA Margins (%) 17.32% 15.03% 229 Bps Depreciation 138 106 30.2% Finance Cost 164 70 134.3% PBT 2,387 1,865 28.0% Tax 597
Slide 16: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 Total Income* 16,404 22,008 29,909 15,527 Total Expenses 14,782 19,387 25,106 12,838 EBITDA 1,622 2,621 4,803 2,689 EBITDA Margins (%) 9.89% 11.91% 16.06% 17.32% Depreciation 154 180 232 138 Finance Cost 95 103
Slide 17: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY23 FY24 H1-FY25 Assets (INR Mn) FY23 FY24 H1-FY25 (A) Share Capital 238 238 238 (A) Property plant & Equipment 4,723 5,595 5,669 (B) Other Equity 8,948 12,060 13,599 (B) Capital Work in Progress 244 436 535 Non Controlling Inter
Slide 18: Key Consolidated Financial Highlights
Key Consolidated Financial Highlights Total Income* (INR Mn) EBITDA and EBITDA Margins (INR Mn) PAT and PAT Margins (INR Mn) 3,282 29,909 17.32% 11.53% 16.06% 22,008 11.91% 4,803 7.86% 10.97% 9.89% 6.40% 1,790 16,404 15,527 2,689 2,621 1,730 1,622 1,050 FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25
Slide 19: Capital Market Data
Capital Market Data 160% Stock Market Performance (as on 30th September, 2024) 140% 120% 100% 80% 60% 40% 20% 0% Oct 23 Nov 23 Dec 23 Jan 24 Jan 24 Mar 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 -20% ACE Sensex Price Data (As on 30th September, 2024) Shareholding Holding pattern (As on 30th
Slide 20: Disclaimer
Disclamer Action Construction Equipment Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
Slide 21: Thank You
ACE- Lifting India’s Growth THANK YOU Action Construction Equipment Ltd. Dudhola Link Road, Dudhola Palwal (Haryana)-121102 INDIA Board : 01275-280111, 280220 Web : www.ace-cranes.com
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