Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q1 FY2024 Earnings Presentation
18 slides from Action Construction Equipment's earnings presentation, Aug 11, 2023
Slide 1: Action Construction Equipment Limited
Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: August 11, 2023 To, The Manager Listing BSE Limited Scrip Code: 532762 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 The Manager Listing National Stock Exc
Slide 2: Earnings Presentation Q1-FY24
EARNINGS PRESENTATION Q1-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 16,404 14.64% • 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 • 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: 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 Q1-FY24
FINANCIAL OVERVIEW Q1-FY24 8
Slide 10: Q1-FY24 Financial & Operational Highlights
Q1-FY24 Financial & Operational Highlights Q1-FY24 Financial Highlights (Consolidated) Q1-FY24 Operational Highlights • The company achieved its highest ever Quarterly Revenues and Margins in its history • Strong growth momentum continued with operational revenue growing by 30% on INR 6,679 Mn INR 9
Slide 11: Segment wise – Quarterly Sales Volume
Segment wise – Quarterly Sales Volume Cranes Construction Equipment 1,957 1,856 263 242 1,591 146 Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 Material Handling Equipment Agriculture Equipment 375 319 339 976 813 761 Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 10
Slide 12: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance ^ Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Total Income* 6,679 5,220 28.0% 6,170 8.2% Total Expenses 5,701 4,569 24.8% 5,406 5.5% EBITDA 978 651 50.2% 764 28.0% EBITDA Margins (%) 14.64% 12.47% In Bps 12.38% In Bps Depreciation 52 47 10.6%
Slide 13: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 ^ Q1-FY24 Total Income* 12,425 16,404 22,008 6,679 Total Expenses 11,083 14,782 19,387 5,701 EBITDA 1,342 1,622 2,621 978 EBITDA Margins (%) 10.80% 9.89% 11.91% 14.64% Depreciation 139 154 180 52 Finance Cost 122 95 10
Slide 14: 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 15: 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 14.64% 798 12,425 1,622 10.12% 11,603 1,342 525 7.86% 957 11.91% 978 6.40% 676 6,679 10.80% 9.89% 8.25% 6.42% 4.52% FY20 FY21 FY22 FY23 Q1-FY24
Slide 16: Capital Market Data
Capital Market Data Stock Market Performance (as on 30th June, 2023) 160% 140% 120% 100% 80% 60% 40% 20% 0% Jul-2022 Aug-2022 Sep-2022 Oct-2022 Nov-2022 Dec-2022 Jan-2023 Feb-2023 Mar-2023 Apr-2023 May-2023 Jun-2023 ACE Sensex Price Data (As on 30th June, 2023) Shareholding Holding pattern (As on 30
Slide 17: 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 18: Thank You
THANK YOU
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