Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q4 FY23 Earnings Presentation
19 slides from Action Construction Equipment's earnings presentation, 2023
Slide 1: Earnings Presentation Q4-FY23 / FY23
EARNINGS PRESENTATION Q4-FY23 / FY23
Slide 2: At a Glance
At a Glance Established Brand with over 28 years of Operating across Infrastructure, Construction, Industry Presence Manufacturing, Logistics and Agri sectors India’s most diversified Construction Equipment One of the world’s largest Pick & Carry Crane Manufacturer Manufacturer Pan India and Global
Slide 3: Company Overview
Company Overview • ACTION CONSTRUCTION EQUIPMENT LIMITED was established in 1995 by Mr. Consolidated Financial Highlights (INR Mn) Vijay Agarwal, a technocrat, who has over 50 years of industry experience and is run by a team of experienced professionals. 22,008 16,404 • ACE is an established and re
Slide 4: Product Portfolio
Product Portfolio Cranes Pick & Carry Crane Lorry Loaders Crane Self Erecting Tower Crane Crawler Crane Truck Crane Tower Crane Construction Equipment Backhoe Loader Wheel Loader Soil Compactor & Tandem Vibratory Roller Motor Grader Material Handling Equipment Forklift Trucks Warehousing Equipment P
Slide 5: ACE Edge
ACE Edge Established Brand with over 28 years of Industry High Operational Efficiency with Low Fixed Cost presence Low Leverage with a Credit Rating of AA (Stable)/A1+ by ICRA Flexibility and Quick Change Adaptation Customer Relationships with In-depth Market Intelligence Highly Experienced and Prof
Slide 6: Sectoral Growth Drivers
Sectoral Growth Drivers • The Centre has allocated INR 10,00,000 Crs capital investment, a steep increase of 33% for third year in a row, to enhance growth potential of the country. • Investment of INR 75,000 Crs, for one hundred critical transport infrastructure projects, for last and first mile La
Slide 7: Sectoral Growth Drivers
Sectoral Growth Drivers • In the 2023-24 Union Budget, Ministry of Agriculture and Farmers' Welfare has been allocated INR 1,25,000 Crs. The government has given a clear signal to rural India that it is committed to their cause. • Indian tractor market stands at ~9,45,000 units and the Indian agricu
Slide 8: Financial Overview Q4-FY23 / FY23
FINANCIAL OVERVIEW Q4-FY23 / FY23 8
Slide 9: Q4-FY23 / FY23 Financial & Operational Highlights
Q4-FY23 / FY23 Financial & Operational Highlights Q4-FY23 Financial Highlights (Consolidated) Q4-FY23 / FY23 Operational Highlights INR 6,170 Mn INR 764 Mn 12.38% • The company achieved its highest ever Quarterly & Yearly Revenues and Profits. Total Income*^ EBITDA EBITDA Margin • ACE sustained its
Slide 10: Segment wise – Quarterly Sales Volume
Segment wise – Quaterly Sales Volume Cranes Construction Equipment 242 1,957 1,733 204 1,601 115 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 Material Handling Equipment Agriculture Equipment 375 342 342 958 1,003 813 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 10
Slide 11: Segment wise – Yearly Sales Volume
Segment wise – Yearly Sales Volume Cranes Construction Equipment 6,584 738 5,328 585 4,558 533 FY21 FY22 FY23 FY21 FY22 FY23 Material Handling Equipment Agriculture Equipment 1,418 1,321 1,068 4,271 4,085 3,667 FY21 FY22 FY23 FY21 FY22 FY23 11
Slide 12: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Total Income* 6,170 5,146 19.9% 5,640 9.4% Total Expenses 5,406 4,634 16.7% 4,945 9.3% EBITDA 764 512 49.2% 695 9.9% EBITDA Margins (%) 12.38% 9.95% 243 bps 12.32% 6 bps Depreciation 50 40 25.0% 44
Slide 13: Annual Consolidated Financial Performance
Annual Consolidated Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Total Income* 22,008 16,404 34.2% Total Expenses 19,387 14,782 31.2% EBITDA 2,621 1,622 61.6% EBITDA Margin (%) 11.91% 9.89% 202 bps Depreciation 180 154 16.9% Finance Cost 103 95 8.4% PBT 2,338 1,373 70.3% Tax 608 323 88
Slide 14: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY20 FY21 FY22 FY23 Total Income* 11,603 12,425 16,404 22,008 Total Expenses 10,646 11,083 14,782 19,387 EBITDA 957 1,342 1,622 2,621 EBITDA Margins (%) 8.25% 10.80% 9.89% 11.91% Depreciation 130 139 154 180 Finance Cost 147 122 95 1
Slide 15: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY21 FY22 FY23 Assets (INR Mn) FY21 FY22 FY23 (A) Share Capital 227 238 238 (A) Property plant & Equipment 4,161 4,355 4,723 (B) Other Equity 5,005 7,303 8,948 (B) Capital Work in Progress 126 243 244 Non Controlling Interest 3 2
Slide 16: Key Consolidated Financial Highlights
Key Consolidated Financial Highlights Total Income* (INR Mn) EBITDA and EBITDA Margins (INR Mn) PAT and PAT Margins (INR Mn) 22,008 2,621 1,730 1,050 16,404 1,622 798 11,603 12,425 1,342 525 7.86% 957 10.80% 11.91% 6.40% 9.89% 8.25% 6.42% 4.52% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 ^ FY20 FY21 FY2
Slide 17: Capital Market Data
Capital Market Data Stock Market Performance (as on 31st March, 2023) 80% 60% 40% 20% 0% -20% -40% Apr-2022 May-2022 Jun-2022 Jul-2022 Aug-2022 Sep-2022 Oct-2022 Nov-2022 Dec-2022 Jan-2023 Feb-2023 Mar-2023 ACE Sensex Price Data (As on 31st March, 2023) Shareholding Holding pattern (As on 31st March
Slide 18: 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 19: Thank You
THANK YOU
Action Construction Equipment — Q4 FY23 Earnings Presentation on 6ix