Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q4 FY2021 Earnings Presentation
17 slides from Action Construction Equipment's earnings presentation, 2021
Slide 1: Earnings Presentation FY21/Q4-FY21
EARNINGS PRESENTATION FY21/Q4-FY21
Slide 2: At a Glance
At a Glance Established Brand with over 25 years of Operating across Infrastructure, Construction, Industry Presence Manufacturing, Logistics and Agri sectors World’s largest Pick & Carry Crane Manufacturer India’s most diversified Construction Equipment Manufacturer Pan India and Global Presence in
Slide 3: Company Overview
Company Company Overview Overview Financial Highlights (INR Mn) • ACTION CONSTRUCTION EQUIPMENT LIMITED was established in 1995 by a technocrat, Mr. Vijay Agarwal who has over 50 years of industry experience 13,522 12,425 and is run by a team of experienced professionals. 11,067 11,603 10.80% 8.99%
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 Forklift Trucks Warehousing Equipment Piling Rig
Slide 5: ACE Edge
ACE Edge Established and Strong Brand High Operational Efficiency with Low Fixed Cost Flexibility and Quick Change Adaptation Low Leverage with a Credit Rating of AA- (Stable)/A1+ by ICRA Highly Experienced and Professional Team Customer Relationships with In-depth Market Intelligence Rugged Product
Slide 6: Sectoral Growth Drivers
Sectoral Growth Drivers • Upcoming Metro Projects across all major cities. • Development of City Roads, Bridges, Flyovers, Elevated Road Corridors, Water Sewerage, Transmission Lines and Distribution Infrastructure etc. The Government of • 100 Smart Cities being developed and rejuvenation of 500 oth
Slide 7: Sectoral Growth Drivers
Sectoral Growth Drivers • Indian tractor market stands at ~8,00,000 units and is anticipated to grow at a CAGR of 4.5% over the next five years owing to increase in demand for mechanization in agriculture & logistics industry. • Budgetary allocation to Rural Development, Irrigation Projects and Subs
Slide 8: Financial Overview Q4-FY21/FY21
FINANCIAL OVERVIEW Q4-FY21/FY21 8
Slide 9: Q4-FY21/FY21 Financial & Operational Highlights
Q4-FY21/FY21 Financial & Operational Highlights Q4-FY21 Financial Highlights (Consolidated) Q4-FY21 Operational Highlights INR 4,650 Mn INR 573 Mn 12.32% EBITDA EBITDA Margin • Best Quarterly Performance and Quarterly sales of the Total Income* company. • Growth was driven by strong Industrial deman
Slide 10: Product wise – Quantity sold
Product wise – Quantity sold Cranes Pick & Carry Crane Self Erecting Tower Crane Crawler Crane Truck Crane Fixed Tower Crane 18 62 1,634 16 10 10 5 56 1,506 49 1,251 12 2 1 1 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Construction Equipme
Slide 11: Q4-FY21 Consolidated Income Statement
Q4-FY21 Consolidated Income Statement Particulars (INR Mn) Q4-FY21 Q3-FY21 Q-o-Q Q4-FY20 Y-o-Y Total Income* 4,650 4,040 15.1% 3,042 52.9% Total Expenses 4,077 3,554 14.7% 2,783 46.5% EBITDA 573 486 17.9% 259 121.2% EBITDA Margin (%) 12.32% 12.03% 29 bps 8.51% 381 bps Depreciation 35 35 0.0% 37 (5.4
Slide 12: FY21 Consolidated Income Statement
FY21 Consolidated Income Statement Particulars (INR Mn) FY21 FY20 Y-o-Y Total Income* 12,425 11,603 7.1% Total Expenses 11,083 10,646 4.1% EBITDA 1,342 957 40.2% EBITDA Margin (%) 10.80% 8.25% 255 bps Depreciation 139 130 6.9% Finance Cost 122 147 (17.0)% PBT 1,081 680 59.0% Tax 283 155 82.6% Profit
Slide 13: Historical Income Statement (IND-AS)
Historical Income Statement (IND-AS) Particulars (INR Mn) FY19 FY20 FY21 Total Income* 13,522 11,603 12,425 Total Expenses 12,447 10,646 11,083 EBITDA 1075 957 1,342 EBITDA Margin (%) 7.95% 8.25% 10.80% Depreciation 118 130 139 Finance Cost 115 147 122 PBT 842 680 1,081 Tax 282 155 283 Profit after
Slide 14: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY20 FY21 Assets (INR Mn) FY20 FY21 (A) Share Capital 227 227 (A) Property plant & Equipment 3,989 4,161 (B) Other Equity 4,199 5,005 (B) Capital Work in Progress 194 126 (C) Investment properties 122 120 Non Controlling Interest
Slide 15: Key Financial Highlights
Key Financial Highlights Total Income* (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 13,522 798 1,342 12,425 11,067 11,603 1,075 995 957 560 525 520 8,049 473 140 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Net Debt to Equity (x) Working Capital Days Return on Capital Employed
Slide 16: Capital Market Information
Capital Market Information 480% 430% 380% 330% 280% 230% 180% 130% 80% 30% -20% Apr20 May20 Jun20 Jul20 Aug20 Sep20 Oct20 Nov20 Dec20 Jan21 Feb21 Mar21 ACE Sensex Shareholding Holding pattern as on 31st March 2021 Price Data (As on 31st March, 2021) Face Value (INR) 2.00 Public Market Price (INR) 15
Slide 17: Disclaimer
Disclamier 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
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