Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q3 FY2023 Earnings Presentation
27 slides from Action Construction Equipment's earnings presentation, Feb 6, 2023
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, 2023 To, The Manager Listing BSE Limited Scrip Code: 532762 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 The Manager Listing National Stock E
Slide 2: Earnings Presentation Q3/9M-FY23
EARNINGS PRESENTATION Q3/ 9M-FY23
Slide 3: At a Glance
At a Glance Established Brand with over 27 years of Operating across Infrastructure, Construction, Industry Presence Manufacturing, Logistics and Agri sectors India’s most diversified Construction Equipment One of the world’s largest Pick & Carry Crane Manufacturer Manufacturer Pan India and Global
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 16,404 15,838 run by a team of experienced professionals. 11,603 12,425 • ACE is an esta
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: New Product Launches
New Product Launches India’s First Fully Electric Mobile Crane along with other products launched by Mr. Nitin Gadkari, Hon’ble Minister of Road Transport and Highways 5
Slide 7: New Product Launches
New Product Launches India’s Largest indigenous crane with a lifting capacity of 180 tons launched by Mr. Nitin Gadkari, Hon’ble Minister of Road Transport and Highways 6
Slide 8: New Product Launch: India’s First Fully Electric Mobile Crane
New Product Launch: India’s First Fully Electric Mobile Crane India’s First Electric Construction Equipment / India’s First Electric Crane
Slide 9: New Product Launch: India’s First Fully Electric Mobile Crane
New Product Launch: India’s First Fully Electric Mobile Crane
Slide 10: New Product Launch: India’s Largest Indigenous Crane
New Product Launch: India’s Largest Indigenous Crane India’s Largest Mobile Crane - 180 Tons Crawler Crane
Slide 11: New Product Launch: 35 Tons 4X4 Next-Gen Crane
New Product Launch: 35 Tons 4X4 Next-Gen Crane
Slide 12: New Product Launch: India’s First AWP
New Product Launch: India’s First AWP India’s First Self Propelled AWP ( Aerial Access Platform )
Slide 13: New Product Launch: Range of Telehandlers
New Product Launch: Range of Telehandlers Telehandler ( 2 / 3 Tons )
Slide 14: Management Message
Management Message Speaking at the event, Mr. Sorab Agarwal, Executive Director, ACE Ltd., said, “We are extremely excited to launch India’s first fully electric mobile crane. ACE has always been committed towards offering technically advanced and innovative products to its customers through in-hous
Slide 15: ACE Edge
ACE Edge Established Brand with over 27 years of Industry High Operational Efficiency with Low Fixed Cost presence Low Leverage with a Credit Rating of AA- (Stable)/A1+ by ICRA Flexibility and Quick Change Adaptation Customer Relationships with In-depth Market Intelligence Highly Experienced and Pro
Slide 16: 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. Launch of PM Gati • Investment of INR 75,000 Crs, for one hundred critical transport infrastructure projects, for last
Slide 17: 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 ~8,00,000 units and is anticipated to
Slide 18: Financial Overview Q3/9M-FY23
FINANCIAL OVERVIEW Q3/ 9M-FY23 17
Slide 19: Q3/9M-FY23 Financial & Operational Highlights
Q3/ 9M-FY23 Financial & Operational Highlights Q3-FY23 Financial Highlights (Consolidated) Q3/9M-FY23 Operational Highlights INR 5,640 Mn INR 695 Mn 12.32% Total Income* EBITDA EBITDA Margin • The company achieved its highest ever quarterly Revenues, EBITDA, PBT and PAT Margins. INR 467 Mn 8.28% INR
Slide 20: Segment wise – Sales Volume
Segment wise – Sales Volume Cranes Construction Equipment 204 1,601 1,435 167 1,265 146 Q3-FY22 Q2-FY23 Q3-FY23 Q3-FY22 Q2-FY23 Q3-FY23 Material Handling Equipment Agriculture Equipment 1,436 363 342 285 1,003 875 Q3-FY22 Q2-FY23 Q3-FY23 Q3-FY22 Q2-FY23 Q3-FY23 19
Slide 21: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q3-FY23 Q3-FY22 Y-o-Y Q2-FY23 Q-o-Q Total Income* 5,640 4,399 28.2% 4,978 13.3% Total Expenses 4,945 3,971 24.5% 4,468 10.7% EBITDA 695 428 62.4% 510 36.3% EBITDA Margins (%) 12.32% 9.73% 259 Bps 10.25% 207 Bps Depreciation 44 40 10.0
Slide 22: 9M-FY23 Consolidated Financial Performance
9M-FY23Consolidated Financial Performance Particulars (INR Mn) 9M-FY23^ 9M-FY22 Y-o-Y Total Income* 15,838 11,257 40.7% Total Expenses 13,982 10,147 37.8% EBITDA 1,856 1,110 67.2% EBITDA Margin (%) 11.72% 9.86% 186 Bps Depreciation 130 114 14.0% Finance Cost 69 66 4.5% PBT 1,657 930 78.2% Tax 399 23
Slide 23: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY20 FY21 FY22 9M-FY23^ Total Income* 11,603 12,425 16,404 15,838 Total Expenses 10,646 11,083 14,782 13,982 EBITDA 957 1,342 1,622 1,856 EBITDA Margins (%) 8.25% 10.80% 9.89% 11.72% Depreciation 130 139 154 130 Finance Cost 147 122
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Equities & Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 (A) Share Capital 227 238 238 (A) Property plant & Equipment 4,161 4,355 4,314 (B) Other Equity 5,005 7,303 7,961 (B) Capital Work in Progress 126 243 347 Non Controlling Interes
Slide 25: Key Consolidated Financial Highlights
Key Consolidated Financial Highlights Total Income* (INR Mn) EBITDA and EBITDA Margins (INR Mn) PAT and PAT Margins (INR Mn) 16,404 1,856 1,258 15,838 1,622 1,050 11,603 12,425 1,342 798 957 10.80% 11.72% 525 7.94% 9.89% 6.40% 8.25% 6.42% 4.52% FY20 FY21 FY22 9M-FY23 FY20 FY21 FY22 9M-FY23^ FY20 FY2
Slide 26: Capital Market Data
Capital Market Data Stock Market Performance (as on 31st December, 2022) 60% 50% 40% 30% 20% 10% 0% -10% -20% -30% Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 ACE Sensex Price Data (As on 31st December, 2022) Shareholding Holding pattern (As on 31st December,
Slide 27: Disclaimer
Disclaimer 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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