Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q1 FY2022 Earnings Presentation
17 slides from Action Construction Equipment's earnings presentation, Aug 1, 2021
Slide 1: Action Construction Equipment Limited
Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India An ISO 9001 Certified Co. Date: August 1, 2021 To, The Manager Listing Scrip Code: 532762 BSE Limited 5th Floor, P.J. Towers, Dalal Street, Mumbai- 400001 The Manager
Slide 2: Earnings Presentation Q1-FY22
EARNINGS PRESENTATION Q1-FY22
Slide 3: 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 4: 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. 11,603 10.80% 10.06% 7.95%
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 Forklift Trucks Warehousing Equipment Piling Rig
Slide 6: 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 7: 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 8: 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 9: Financial Overview Q1-FY22
FINANCIAL OVERVIEW Q1-FY22 8
Slide 10: Q1-FY22 Financial & Operational Highlights
Q1-FY22 Financial & Operational Highlights Q1-FY22 Financial Highlights (Consolidated) Q1-FY22 Operational Highlights • Q1 was impacted as a large part of the country was under lockdown due to COVID-19, however, as restrictions lifted progressively, the demand rebounded INR 3,239 Mn INR 326 Mn 10.06
Slide 11: Segment wise – Quantity sold
Segment wise – Quantity sold Cranes Construction Equipment 1,719 221 1,080 111 294 45 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 Material Handling Equipment Agriculture Equipment 388 1,017 334 670 654 83 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 10
Slide 12: Q1-FY22 Consolidated Income Statement
Q1-FY22 Consolidated Income Statement Particulars (INR Mn) Q1-FY22 Q1-FY21 Y-o-Y Q4-FY21 Q-o-Q Total Income* 3,239 1,034 213.2% 4,650 (30.3)% Total Expenses 2,913 1,011 188.1% 4,077 (28.6)% EBITDA 326 23 1,317.3% 573 (43.1)% EBITDA Margin (%) 10.06% 2.22% 784 bps 12.32% (226) bps Depreciation 37 34
Slide 13: Historical Income Statement (IND-AS)
Historical Income Statement (IND-AS) Particulars (INR Mn) FY19 FY20 FY21 Q1-FY22 Total Income* 13,522 11,603 12,425 3,239 Total Expenses 12,447 10,646 11,083 2,913 EBITDA 1075 957 1,342 326 EBITDA Margin (%) 7.95% 8.25% 10.80% 10.06% Depreciation 118 130 139 37 Finance Cost 115 147 122 27 PBT 842 68
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 11,603 1,075 957 560 525 3,239 326 193 FY19 FY20 FY21 Q1-FY22 FY19 FY20 FY21 Q1-FY22 FY19 FY20 FY21 Q1-FY22 Net Debt to Equity (x) Working Capital Days Return on Capital Employed (%) 0.10 29 21.42% 1
Slide 16: Capital Market Information
Capital Market Information Stock Market Performance (as on 30th June, 2021) 400% 350% 300% 250% 200% 150% 100% 50% 0% Jul-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 ACE Sensex Shareholding Holding pattern as on 30th June 2021 Price Data (As on 30th June, 2
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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