Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q4 FY2024 Earnings Presentation
19 slides from Action Construction Equipment's earnings presentation, May 21, 2024
Slide 1: Action Construction Equipment Limited
Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: May 21, 2024 To, The Manager Listing BSE Limited Scrip Code: 532762 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 The Manager Listing National Stock Exchan
Slide 2: Earnings Presentation Q4-FY24/FY24
EARNINGS PRESENTATION Q4-FY24/FY24
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 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 Overviewompany 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. 29,909 22,008 • ACE is an est
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: 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: Financial Overview Q4-FY24 / FY24
FINANCIAL OVERVIEW Q4-FY24 / FY24 7
Slide 9: Q4-FY24 Financial & Operational Highlights
Q4-FY24 Financial & Operational Highlights Q4-FY24 Financial Highlights (Consolidated) Q4-FY24 Operational Highlights INR 8,568 Mn INR 1,506 Mn 17.58% • Highest ever Quarterly & Yearly Revenue and Margins in the history Total Income* EBITDA EBITDA Margin of the Company. • Sustained growth trajectory
Slide 10: Segment wise – Quarterly Sales Volume
Segment wise – Quarterly Sales Volume Cranes Construction Equipment 2,835 304 274 2,320 242 1,957 Q4-FY23 Q3-FY24 Q4-FY24 Q4-FY23 Q3-FY24 Q4-FY24 Material Handling Equipment Agriculture Equipment 407 419 375 813 817 550 Q4-FY23 Q3-FY23 Q4-FY24 Q4-FY23 Q3-FY24 Q4-FY24 9
Slide 11: Segment wise – Yearly Sales Volume
Segment wise – Yearly Sales Volume Cranes Construction Equipment 8,970 1,156 6,584 738 FY-23 FY-24 FY23 FY24 Material Handling Equipment Agriculture Equipment 3,667 2,946 1,517 1,321 FY23 FY24 FY23 FY24 10
Slide 12: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY24 Q4-FY23 Y-o-Y Q3-FY24 Q-o-Q Total Income* 8,568 6,170 38.9% 7,761 10.4% Total Expenses 7,062 5,406 30.6% 6,504 8.6% EBITDA 1,506 764 97.1% 1,257 19.8% EBITDA Margins (%) 17.58% 12.38% 520 Bps 16.20% 138 Bps Depreciation 67 50
Slide 13: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance Particulars (INR Mn) FY-24 FY-23 Y-o-Y Total Income* 29,909 22,008 35.9% Total Expenses 25,106 19,387 29.5% EBITDA 4,803 2,621 83.3% EBITDA Margin (%) 16.06% 11.91% 415 Bps Depreciation 232 180 28.9% Finance Cost 232 103 125.2% PBT 4,339 2,338 85.6% Tax 1,057 6
Slide 14: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 FY24 Total Income* 12,425 16,404 22,008 29,909 Total Expenses 11,083 14,782 19,387 25,106 EBITDA 1,342 1,622 2,621 4,803 EBITDA Margins (%) 10.80% 9.89% 11.91% 16.06% Depreciation 139 154 180 232 Finance Cost 122 95 10
Slide 15: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY22 FY23 FY24 Assets (INR Mn) FY22 FY23 FY24 (A) Share Capital 238 238 238 (A) Property plant & Equipment 4,355 4,723 5,595 (B) Other Equity 7,303 8,948 12,060 (B) Capital Work in Progress 243 244 436 Non Controlling Interest 2 1
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) 10.97% 29,909 16.06% 11.91% 7.86% 22,008 3,282 10.80% 9.89% 6.40% 6.42% 16,404 4,803 12,425 2,621 1,730 1,622 798 1,050 1,342 FY21 FY22 FY23 FY24 FY21 FY22 FY23 ^ FY24 FY21 FY
Slide 17: Capital Market Data
Capital Market Data 300% Stock Market Performance (as on 31st March, 2024) 250% 200% 150% 100% 50% 0% Apr 23 May 23 Jun 23 Jul 23 Aug 23 Aug 23 Sep 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 -50% ACE Sensex Price Data (As on 31st March, 2024) Shareholding Holding pattern (As on 31st March, 2024) F
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: ACE- Lifting India's Growth
ACE- Lifting India’s Growth Action Construction Equipment Ltd. Dudhola Link Road, Dudhola Palwal (Haryana)-121102 India Board : 01275-280111, 280220 Email : cs@ace-cranes.com Web : www.ace-cranes.com
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