Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q3 FY2024 Earnings Presentation
19 slides from Action Construction Equipment's earnings presentation, Feb 6, 2024
Slide 1: Action Construction Equipment Limited
Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: February 06, 2024 To, The Manager Listing BSE Limited 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 532762 The Manager Listing National Stock E
Slide 2: Earnings Presentation Q3 / 9M-FY24
EARNINGS PRESENTATION Q3 / 9M-FY24
Slide 3: At a Glance
At a Glance India’s most diversified CE Manufacturer Established Brand with over 28 years of Operating across Infra, Construction, Industry Presence Manufacturing, Logistics and Agri sectors World’s largest Pick & Carry Crane Manufacturer Customer Centric Organization with In-depth with Pan India an
Slide 4: 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 21,341 16,404 • ACE is an established
Slide 5: 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 6: Sectoral Growth Drivers
Sectoral Growth Drivers • Total Capex outlay increased by 11.1% to approx. INR11.11 lakh crores in FY25 interim budget; major outlay for roads at INR 2.72lakh crore and railways at INR2.52 lakh crore. • Investment of INR 75,000 Crs, for one hundred critical transport infrastructure projects, for las
Slide 7: Sectoral Growth Drivers
Sectoral Growth Drivers • In the 2024-25 Union Budget, Ministry of Agriculture and Farmers' Welfare has been allocated INR 1,27,000 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: 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 Sector • Increasing Utilisation Levels of Construction Equipment. • New Product Launches: • India’s First Fully Elec
Slide 9: Financial Overview Q3 / 9M-FY24
FINANCIAL OVERVIEW Q3 / 9M-FY24 8
Slide 10: Q3/9M-FY24 Financial & Operational Highlights
Q3/9M-FY24 Financial & Operational Highlights Q3-FY24 Financial Highlights (Consolidated) Q3-FY24 Operational Highlights INR 7,761 Mn INR 1,257 Mn 16.20% • The company achieved its highest ever quarterly Revenues, EBITDA, PBT, Total Income* EBITDA EBITDA Margin and PAT Margins. • Strong YoY Quarterl
Slide 11: Segment wise – Quarterly Sales Volume
Segment wise – Quarterly Sales Volume Cranes Construction Equipment 852 6,135 4,627 496 9M - FY23 9M - FY24 9M - FY23 9M - FY24 Material Handling Equipment Agriculture Equipment 2,854 2,396 1,098 946 9M - FY23 9M - FY24 9M - FY23 9M - FY24 10
Slide 12: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Total Income* 7,761 5,640 37.6% 6,902 12.4% Total Expenses 6,504 4,945 31.5% 5,841 11.4% EBITDA 1,257 695 80.9% 1,061 18.5% EBITDA Margins (%) 16.20% 12.32% 388 Bps 15.37% 83 Bps Depreciation 59 44
Slide 13: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance Particulars (INR Mn) 9M-FY24 9M-FY23^ Y-o-Y Total Income* 21,341 15,838 34.7% Total Expenses 18,043 13,982 29.0% EBITDA 3,298 1,856 77.7% EBITDA Margin (%) 15.45% 11.72% 373 Bps Depreciation 165 130 26.9% Finance Cost 125 69 81.2% PBT 3,008 1,657 81.5% Tax 710
Slide 14: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 ^ 9M-FY24 Total Income* 12,425 16,404 22,008 21,341 Total Expenses 11,083 14,782 19,387 18,043 EBITDA 1,342 1,622 2,621 3,298 EBITDA Margins (%) 10.80% 9.89% 11.91% 15.45% Depreciation 139 154 180 165 Finance Cost 122
Slide 15: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 (A) Share Capital 238 238 238 (A) Property plant & Equipment 4,355 4,723 5,006 (B) Other Equity 7,303 8,948 10,207 (B) Capital Work in Progress 243 244 550 Non Controlling Intere
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) 3,298 2,298 22,008 21,341 2,621 16,404 10.77% 12,425 1,622 1,730 15.45% 1,050 7.86% 1,342 6.42% 798 6.40% 11.91% 10.80% 9.89% FY21 FY22 FY23 9M-FY24 FY21 FY22 FY23^ 9M-FY24 FY
Slide 17: Capital Market Data
Capital Market Data Stock Market Performance (as on 31st December,2023) 200% 180% 160% 140% 120% 100% 80% 60% 40% 20% 0% -20%Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Jul 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 ACE Sensex Price Data (As on 31st December, 2023) Shareholding Holding pattern (As o
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
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