Action Construction Equipment Limited · NSE:ACE
Action Construction Equipment — Q2 FY23 Earnings Presentation
17 slides from Action Construction Equipment's earnings presentation, November 2022
Slide 1: Earnings Presentation Q2 / H1-FY23
EARNINGS PRESENTATION Q2 / H1-FY23
Slide 2: 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 3: 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 run by a team of experienced professionals. 11,603 12,425 • ACE is an established
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 Equipment Piling Rig Forklift Trucks Warehousing
Slide 5: 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 6: Sectoral Growth Drivers
Sectoral Growth Drivers • The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country. • Development of City Roads, Bridges, Flyovers, Elevated Road Corridors, Water Sewerage, Transmission Lines and Launch of PM Gati Distribution Infrastructure etc.
Slide 7: Sectoral Growth Drivers
Sectoral Growth Drivers • In the 2022-23 Union Budget, Ministry of Agriculture and Farmers' Welfare has been allocated Rs. 1,31,531 crore. 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
Slide 8: Financial Overview Q2 / H1-FY23
FINANCIAL OVERVIEW Q2 / H1-FY23 8
Slide 9: Q2/H1-FY23 Financial & Operational Highlights
Q2/H1-FY23 Financial & Operational Highlights Q2-FY23 Financial Highlights (Consolidated) Q2-FY23 Operational Highlights INR 4,978 Mn INR 510 Mn 10.25% • The company achieved its highest ever Q2 Revenues, EBITDA Total Income* EBITDA EBITDA Margin and PAT Margins despite prolonged monsoons. • Strong
Slide 10: Segment wise – Quantity sold
Segment wise – Quantity sold Cranes Construction Equipment 1,591 1,435 1,250 146 146 140 Q2-FY22 Q1-FY23 Q2-FY23 Q2-FY22 Q1-FY23 Q2-FY23 Material Handling Equipment Agriculture Equipment 1,037 976 379 875 319 285 Q2-FY22 Q1-FY23 Q2-FY23 Q2-FY22 Q1-FY23 Q2-FY23 10
Slide 11: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23^ Q-o-Q Total Income* 4,978 3,625 37.3% 5,220^ (4.6)% Total Expenses 4,468 3,263 36.9% 4,569 (2.2)% EBITDA 510 362 40.9% 651 (21.7)% EBITDA Margins (%) 10.25% 9.99% 26 Bps 12.47% (222) Bps Depreciation 40
Slide 12: YTD Consolidated Financial Performance
YTD Consolidated Financial Performance Particulars (INR Mn) H1-FY23 ^ H1-FY22 Y-o-Y Total Income* 10,198^ 6,858 48.7% Total Expenses 9,037 6,176 46.3% EBITDA 1,161 682 70.2% EBITDA Margin (%) 11.38% 9.94% 144 Bps Depreciation 86 74 16.2% Finance Cost 38 47 (19.1)% PBT 1,037 561 84.8% Tax 246 139 77.
Slide 13: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY20 FY21 FY22 H1-FY23^ Total Income* 11,603 12,425 16,404 10,198^ Total Expenses 10,646 11,083 14,782 9,037 EBITDA 957 1,342 1,622 1,161 EBITDA Margins (%) 8.25% 10.80% 9.89% 11.38% Depreciation 130 139 154 86 Finance Cost 147 122 9
Slide 14: 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 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) 16,404 1,622 1,050 1,342 11,603 12,425 1,161 798 791 10,198 957 10.80% 525 7.76% 11.38% 9.89% 6.40% 8.25% 6.42% 4.52% FY20 FY21 FY22 H1-FY23 ^ FY20 FY21 FY22 H1-FY23 FY20 FY21
Slide 16: Capital Market Information
Capital Market Information Stock Market Performance (as on 30th September, 2022) 30% 20% 10% 0% -10% -20% -30% -40% Oct-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 ACE Sensex Shareholding Holding pattern as on 30th September, 2022 Price Data (as on 30th Sep
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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