Action Construction Equipment LimitedNSE: ACE

Financials Results Q4 FY 2025-26

· Issued by Action Construction Equipment Limited


‌Action Construction Equipment Limited

Corporate & Registered Office

Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India

Date: May 20, 2026

To,

The Manager Listing

BSE Limited

5th Floor, P.J. Towers, Dalal Street,

Mumbai-400001

Scrip Code: 532762

The Manager Listing

National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (E),

Mumbai-400051

CM Quote: ACE

Subject: Outcome of Board Meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

Pursuant to the Regulation 33 and Regulation 30 read with Para A of Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors in its meeting held on Wednesday May 20, 2026 has approved the following items:

  1. Audited financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.

  2. Recommended the Dividend @ 100% i.e. Rs. 2.00 per equity share of Rs.2 each for the financial year 2025-26 subject to approval of the shareholders at the ensuing Annual General Meeting.

Please find enclosed herewith the following:

.

  1. Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March, 2026.

  2. Auditors' Report on the Audited Financial Results-Standalone and Consolidated.

  3. Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 w.r.t. Audit Report with unmodified opinion.

We further wish to inform that the Board Meeting held today commenced at 2:00 p.m. and concluded at 4:25 p.m.

This is for your information and record please. Thanking You.

For Action Construction Equipment Limited



ANIL KUMAR

Digitally signed by ANIL KUMAR DN: c=IN, o=Personal,

2.5.4.20=0385376578c5db8cf99f6f833ee2c53da

bcad74d452286710aa52c511344a9ad, postalCode=121006, l=Faridabad, st=Haryana, serialNumber=c69127d248f7209479cfd1acbf29 1cc10ed601a979bf6bcb944845f16be31b0c, email=cs@ace-cranes.com, cn=ANIL KUMAR Date: 2026.05.20 17:41:16 +05'30'

Anil Kumar

Company Secretary & Compliance Officer

M.No. ACS:37791



Corporate Office: Phone: +91-1275-280111 (50 Lines), Fax: +91-1275-280133, E-mail: works2@ace-cranes.com

Mktg. H.Q.: 4th Floor, Pinnacle, Surajkund, Faridabad, NCR-121009, Phone: +91-129-4550000 (100 Lines), Fax: +91-129-4550022, Email: marketing@ace-cranes.com Customer Care No.:1800 1800 004 (Toll Free), CIN: L74899HR1995PLC053860, Website: www.ace-cranes.com

‌Action Construction Equipment Limited

CIN : L74899HR1995PLC053860

Registered office: Dudhola Link Road, Dudhola, District Palwal, Haryana - 121102, India

Ph.: 01275-280111 (50 lines), Fax: 01275-280133. E-mail: cs@ace-cranes.com, Web: https://www.ace-cranes.com

Statement of Financial Results for the quarter and year ended 31 March 2026

(Rs. in lakhs, except per share detail)

S. No.

Particulars

Standalone

Consolidated

Quarter ended

Year ended

Quarter ended

Year ended

31 March 2026

31 December

2025

31 March 2025

31 March 2026

31 March 2025

31 March 2026

31 December

2025

31 March 2025

31 March 2026

31 March 2025

(Refer note 1)

(Unaudited)

(Refer note 1)

(Audited)

(Audited)

(Refer note 1)

(Unaudited)

(Refer note 1)

(Audited)

(Audited)

1

Income

Revenue from operations

102,779

85,281

95,925

327,368

332,032

102,949

85,463

96,099

328,044

332,705

Other income

(626)

3,563

830

12,142

9,964

(612)

3,573

839

11,006

10,032

Total income

102,153

88,844

96,755

339,510

341,996

102,337

89,036

96,938

339,050

342,737

2

Expenses

Cost of materials consumed

71,432

55,542

66,731

224,163

224,826

71,533

55,548

66,796

224,194

224,860

Changes in inventories of finished goods and work-in-progress

(288)

1,751

(1,772)

(2,667)

2,465

(460)

1,751

(1,866)

(2,745)

2,483

Employee benefits expense

3,948

4,605

3,579

15,799

13,651

4,000

4,658

3,627

16,004

13,847

Finance costs

333

464

384

2,200

2,857

335

467

388

2,211

2,865

Depreciation and amortisation expense

919

858

692

3,391

2,765

951

892

730

3,519

2,831

Impairment losses on financial assets

(543)

838

546

1,088

1,000

(544)

838

548

1,087

1,002

Other expenses

11,234

9,672

10,545

38,891

40,121

11,180

9,694

10,626

39,109

39,937

Total expenses

87,035

73,730

80,705

282,865

287,685

86,995

73,848

80,849

283,379

287,825

3

Profit before tax (1-2)

15,118

15,114

16,050

56,645

54,311

15,342

15,188

16,089

55,671

54,912

4

Tax expense

Current tax

4,631

3,892

5,019

13,856

14,137

4,653

3,903

5,033

13,899

14,176

Deferred tax expense / (credit)

(397)

(366)

(810)

247

(190)

(402)

(356)

(800)

262

(188)

Total tax expense

4,234

3,526

4,209

14,103

13,947

4,251

3,547

4,233

14,161

13,988

5

Profit after tax (3-4)

10,884

11,588

11,841

42,542

40,364

11,091

11,641

11,856

41,510

40,924

6

Other comprehensive income/ (loss) for the period (net of tax)

Items that will not be reclassified to profit or loss

47

(10)

(36)

18

(36)

47

(10)

(36)

18

(36)

Income tax relating to items that will not be re-classified to profit or loss

(12)

2

9

(5)

9

(12)

2

9

(5)

9

Items that will be re-classified to profit or loss

-

-

-

-

-

-

-

(18)

-

33

Income tax relating to items that will be re-classified to profit or loss

-

-

-

-

-

-

-

5

-

(8)

Total of other comprehensive income/ (loss) for the period (net of tax)

35

(8)

(27)

13

(27)

35

(8)

(40)

13

(2)

7

Total comprehensive income (5+6)

10,919

11,580

11,814

42,555

40,337

11,126

11,633

11,816

41,523

40,922

8

Profit attributable to:

(a) Owners of the Company

-

-

-

-

-

11,091

11,641

11,856

41,509

40,922

(b) Non-controlling interests*

-

-

-

-

-

-

-

-

1

2

9

Other comprehensive income/ (loss) for the period attributable to:

(a) Owners of the Company

-

-

-

-

-

35

(8)

(39)

13

(5)

(b) Non-controlling interests

-

-

-

-

-

-

-

(1)

-

3

10

Total comprehensive income for the period attributable to:

(a) Owners of the Company

-

-

-

-

-

11,126

11,633

11,817

41,522

40,917

(b) Non-controlling interests*

-

-

-

-

-

-

-

(1)

1

5

11

Paid up equity share capital (face value of Rs. 2 each, fully paid)

2,382

2,382

2,382

2,382

2,382

2,382

2,382

2,382

2,382

2,382

12

Other equity as shown in the audited balance sheet as at

197,737

157,349

198,717

159,091

13

Earnings per share (fully paid up equity share of Rs. 2 each) (refer note 3)

a) Basic earnings per share

9.15

9.73

9.95

35.75

33.92

9.32

9.78

9.97

34.88

34.39

b) Diluted earnings per share

9.14

9.73

9.95

35.74

33.91

9.31

9.78

9.96

34.87

34.37

*Profit and total comprehensive income attributable to non- controlling interests of Rs. 33,000 (for the quarter ended 31 March 2026 and 31 December 2025) and Rs. 18,000 (for the quarter ended 31 March 2025 ) has not been disclosed due to rounding off of Rs. into Lakhs .

Place: Faridabad

Date: May 20, 2026

For Action Construction Equipment Limited



Vijay Agarwal

Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h09bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff683456729611fdaa957 1a95d5becf8b97, postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305a59180fad7fbccfbe ef0f0e8105b65addc5c8, cn=Vijay Agarwal

Date: 2026.05.20 17:30:49 +05'30'

Vijay Agarwal

Chairman & Managing Director

Notes to the Statement of financial results for the quarter and year ended 31 March 2026:

1

The above standalone and consolidated financial results for the quarter and year ended 31 March 2026 were audited and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 20 May 2026 . The Statutory Auditors of Action Construction Equipment Limited ("the Company") have conducted audit of these financial results in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements ) Regulations , 2015 , as amended from time to time and have issued an unmodified audit opinion.

The figures for the quarters ended 31 March 2026 and 31 March 2025, are balancing figures between the audited figures for the years ended 31 March 2026 and 31 March 2025 and the published unaudited year to date figures for nine months ended 31 December 2025 and 31 December 2024 respectively.

2

The standalone and consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards ('IndAS') prescribed

under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time.

3

Earnings per share is not annualised for the quarters ended 31 March 2026, 31 December 2025 and 31 March 2025.

4

Details of the Employee Stock Options under Action Construction Equipment Limited employee stock option scheme - 2021 for the quarter and year ended 31 March 2026 are as follows:

i)

-

-

Grant during the year ended 31 March 2024: The Company had granted 79,674 employee equity share options in Financial year 2023-24. Out of total options granted,

25,907 options vested and 3,277 forfeited during the year ended 31 March 2025. Amongst vested options, 25,907 options were exercised.

25,245 options vested and 2,278 forfeited during the year ended 31 March 2026. Amongst vested options, 22,286 options have been exercised during the year ended 31 March 2026.

ii)

-

Grant during the year ended 31 March 2025: The Company had granted 31,866 employee equity share options in Financial year 2024-25. Out of total options granted,

10,622 options vested and 1,956 forfeited during the year ended 31 March 2026 . Amongst vested options, no employee equity share options have been exercised during the year ended 31 March 2026.

iii)

-

Grant during the year ended 31 March 2026 : During the year ended 31 March 2026, the Company has granted 35,661 employee equity share options. Out of total options granted,

2,718 options forfeited during the year ended 31 March 2026 . No employee equity share options have been exercised or vested during the year ended 31 March 2026.

5

The Board of Directors at its Meeting held on 26 May 2025, has recommended a final dividend @ 100% i.e. Rs. 2.00 per equity share (face value of Rs. 2.00 per equity share) for the financial year

ended 31 March 2025, which has been approved by the shareholders in the Annual General Meeting held on 29 August 2025.

The Board of Directors at its Meeting held on 20 May 2026 , has recommended a final dividend 100% i.e. Rs. 2.00 per equity share (face value of Rs.2.00 per equity share) for the financial year ended 31 March 2026 . The dates of the book closure for the entitlement of such final dividend and Annual General Meeting shall be decided and informed in due course of time.

6

The financial information of following entities have been consolidated with the financial results of the Company, hereinafter refer to as "the Group":

Particulars :

Country

SC Forma SA (subsidiary till 02 September 2025) (refer note 7)

Romania

Crane Kraft India Private Limited

India

Namo Metals (Partnership Firm)

India

Action Construction Equipment Limited Employees Welfare Trust

India

ACE Emergency Response Service Trust

India

7

During the year ended 31 March 2026, the Company's investment in SC Forma SA ("subsidiary") was deconsolidated and the Company received a net consideration of Rs. 1,434 lakhs. This resulted

in gain on divestment of Rs. 1,286 lakhs in the Standalone Statement of Profit and Loss.

8

One-time impact of New Labour Codes : Effective November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment has published the final Central Rules under all four labour codes on 8th May 2026 and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has considered restructured compensation of its employees and assessed the impact of the changes, consistent with the Labour codes, rules and FAQs. The Company has recognised Rs. 640 lakhs as employee benefit expenses in current year on account of these New Labour Codes.

9

The certificate of Chairman and Managing Director (CMD) and Chief Financial Officer (CFO) in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the above results has been placed before the Board of Directors of the Company.

10 The financial results of the Company/ Group for the quarter and year ended 31 March 2026 have been filed with BSE and NSE and are also available on Company's website "https://www.ace-cranes.com". The key financial information for the quarter and year ended 31 March 2026 are as under:

Particulars

Standalone

Quarter ended

Year ended

31 March 2026

31 December 2025

31 March 2025

31 March 2026

31 March 2025

(Refer note 1)

(Unaudited)

(Refer note 1)

(Audited)

(Audited)

Revenue from operations

102,779

85,281

95,925

327,368

332,032

Profit before tax

15,118

15,114

16,050

56,645

54,311

Profit after tax

10,884

11,588

11,841

42,542

40,364

Total comprehensive income

10,919

11,580

11,814

42,555

40,337

Particulars

Consolidated

Quarter ended

Year ended

31 March 2026

31 December 2025

31 March 2025

31 March 2026

31 March 2025

(Refer note 1)

(Unaudited)

(Refer note 1)

(Audited)

(Audited)

Revenue from operations

102,949

85,463

96,099

328,044

332,705

Profit before tax

15,342

15,188

16,089

55,671

54,912

Profit after tax

11,091

11,641

11,856

41,510

40,924

Total comprehensive income

11,126

11,633

11,816

41,523

40,922

Place: Faridabad

Date: May 20, 2026

For Action Construction Equipment Limited



Vijay Agarwal

Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h09bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff683456729

611fdaa9571a95d5becf8b97, postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305a59180f ad7fbccfbeef0f0e8105b65addc5c8, cn=Vijay Agarwal Date: 2026.05.20 17:34:18 +05'30'

Vijay Agarwal

Chairman & Managing Director

Action Construct

CIN : L74899

Registered office: Dudhola Link Road, D Ph.: 01275-280111 (50 lines), Fax: 01275-280133

11. Balance Sheet as at 31 March 2026

ion Equipment Lim

HR1995PLC053860

udhola, District Palwal,

. E-mail: cs@ace-cranes

ited

Haryana - 121102, Indi

.com, Web.: www.ace-c

a

ranes.com

(Rs. in lakhs)

Particulars

Standalone

Consolidated

As at

31 March 2026

As at

31 March 2025

As at

31 March 2026

As at

31 March 2025

Audited

Audited

Audited

Audited

ASSETS

Non-current assets

Property, plant and equipment

71,280

67,848

73,256

69,670

Capital work in progress

4,850

2,774

4,850

2,774

Investment property

1,464

1,495

1,464

1,495

Right-of-use assets

2,973

20

3,080

159

Intangible assets

291

262

299

262

Intangible assets under development

72

91

72

91

Financial assets

Investments

73,089

55,182

72,320

54,259

Other financial assets

303

961

309

967

Deferred tax assets (net)

-

-

45

60

Other tax assets (net)

45

46

45

46

Other non-current assets

6,999

9,045

6,999

9,045

Total non-current assets (A)

161,366

137,724

162,739

138,828

Current assets

Inventories

60,338

51,345

60,540

51,511

Financial assets

Investments

56,026

37,557

56,026

37,557

Trade receivables

28,734

27,016

28,430

26,466

Cash and cash equivalents

6,264

3,358

6,431

4,884

Bank balances other than (iii) above

1,288

662

1,289

663

Loans

82

86

82

86

Other financial assets

1,307

1,172

1,308

1,173

Other current assets

8,194

9,327

8,323

9,416

162,233

130,523

162,429

131,756

Assets held for sale

-

501

-

501

Total current assets (B)

162,233

131,024

162,429

132,257

Total assets [A+B]

323,599

268,748

325,168

271,085

EQUITY AND LIABILITIES

Equity

Equity share capital

2,382

2,382

2,382

2,382

Other equity

197,737

157,349

198,717

159,091

Equity attributable to the equity holders of the Parent Company

200,119

159,731

201,099

161,473

Non-controlling interests

-

-

7

171

Total equity (A)

200,119

159,731

201,106

161,644

Liabilities

Non-current liabilities

Financial liabilities

(i) Lease liabilities

571

9

659

127

Provisions

568

373

583

384

Deferred tax liabilities (net)

1,015

764

1,015

780

Total non-current liabilities (B)

2,154

1,146

2,257

1,291

Current liabilities

Financial liabilities

Borrowings

11

1,447

11

1,479

Lease liabilities

91

13

120

38

Trade payables

a) Total outstanding dues of micro enterprises and small enterprises

18,147

21,563

18,156

21,574

b) Total outstanding dues of creditors other than micro enterprises and small enterprises

73,420

59,212

73,494

59,286

Other financial liabilities

3,700

3,148

3,737

3,178

Other current liabilities

25,519

20,338

25,822

20,443

Provisions

438

463

439

464

Current tax liabilities (net)

-

1,687

26

1,688

Total current liabilities (C)

121,326

107,871

121,805

108,150

Total equity and liabilities [A+B+C]

323,599

268,748

325,168

271,085

Place: Faridabad

Date: May 20, 2026

For Action Construction Equipment Limited

Vijay Agarwal



Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h09bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff6834567296

11fdaa9571a95d5becf8b97, postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305a59180fa d7fbccfbeef0f0e8105b65addc5c8, cn=Vijay Agarwal Date: 2026.05.20 17:35:18 +05'30'

Vijay Agarwal

Chairman & Managing Director

Action Construction Equipment Limited

CIN : L74899HR1995PLC053860

Registered office: Dudhola Link Road, Dudhola, District Palwal, Haryana - 121102, India

Ph.: 01275-280111 (50 lines), Fax: 01275-280133. E-mail: cs@ace-cranes.com, Web.: https://www.ace-cranes.com

12 Statement of Cash Flows for the year ended 31 March 2026

Particulars

Standalone

Consolidated

For the year ended 31 March 2026

For the year ended 31 March 2025

For the year ended 31 March 2026

For the year ended 31 March 2025

Audited

Audited

Audited

Audited

Cash flows from operating activities

Profit before tax

56,645

54,311

55,671

54,912

Adjustments for:

Depreciation and amortisation expense

3,391

2,765

3,519

2,831

Gain on disposal of property, plant and equipment (net)

(129)

(241)

(129)

(241)

Unrealised foreign exchange fluctuation loss

214

10

214

10

Interest income on financial assets held at amortised cost

(5,536)

(4,000)

(5,537)

(4,027)

Interest income earned on finance lease receivable

(4)

(27)

(4)

(27)

Dividend received

(206)

(54)

(206)

(54)

Gain on investments carried at fair value through profit and loss

(4,382)

(5,025)

(4,382)

(5,025)

Gain on sale investments carried at amortised cost

(1,286)

-

(98)

-

Derecognition of foreign currency translation reserve on sale of foreign subsidiary

-

-

272

-

Rental income

(218)

(161)

(216)

(161)

Finance costs

2,200

2,857

2,211

2,865

Share based payment expenses

150

134

150

134

Impairment losses on financial assets

1,088

1,000

1,087

1,002

Warranty expenses

148

234

150

234

Provision/liabilities no longer required written back

-

(11)

-

(11)

Provision for slow moving and non-moving inventory

(615)

1,931

(610)

1,931

Operating profit before working capital changes

51,460

53,723

52,092

54,373

Working capital adjustments:

(Increase) in trade receivables

(2,741)

(11,442)

(2,985)

(11,032)

(Increase) / Decrease in inventories

(8,377)

1,873

(8,418)

1,898

Decrease/ (Increase) in loans

5

(4)

5

(4)

(Increase) / Decrease in other financial assets

(61)

209

(61)

208

Decrease/ (Increase) in other assets

1,148

(2,900)

1,108

(2,957)

Increase in trade payables

9,613

10,521

9,611

10,579

Increase/ (Decrease) in provisions

22

(129)

23

(125)

Increase / (Decrease) in other financial liabilities

151

(470)

158

(453)

Increase in other current liabilities

5,556

2,083

5,755

2,056

Cash generated from operating activities

56,776

53,464

57,288

54,543

Income taxes paid (net)

(15,542)

(13,307)

(15,561)

(13,345)

Net cash generated from operating activities (A)

41,234

40,157

41,727

41,198

Cash flows from investing activities

Purchase of property, plant and equipment, intangible assets, intangible assets under

(9,065)

(20,835)

(9,326)

(22,100)

development, investment property, capital work-in-progress, right-of-use assets, assets held

for sale and capital advances paid

Proceeds from sale of property, plant and equipment

647

1,548

650

1,548

Purchase of investments

(83,107)

(73,759)

(83,107)

(73,759)

Proceeds from sale of investments

52,184

46,022

50,832

46,022

Investment in bank deposits

(2,945)

(1,021)

(2,945)

(1,021)

Proceed from redemption of bank deposits

2,925

6,083

2,925

6,083

Interest received

5,763

4,573

5,763

4,743

Dividend received

206

54

206

54

Rental income

189

161

187

161

Gain on sale investments carried at amortised cost

-

-

98

-

Derecognition of foreign currency translation reserve on sale of foreign subsidiary

-

-

(272)

-

Net cash used in investing activities (B)

(33,203)

(37,174)

(34,989)

(38,269)

Cash flows from financing activities

Repayment of borrowings

(70,605)

(91,579)

(70,637)

(91,579)

Proceeds from borrowings

69,169

92,638

69,169

92,670

Payment of principal portion of lease liabilities

(70)

(15)

(110)

(42)

Payment of finance cost (excluding payment of interest portion of lease liabilities)

(1,260)

(1,218)

(1,261)

(1,220)

Payment of finance cost of lease liabilities

(41)

(2)

(35)

(10)

Final dividend paid

(2,380)

(2,380)

(2,380)

(2,380)

Purchase of treasury shares by trust during the year

(29)

(446)

(29)

(446)

Proceeds from issue to shares under ESOP scheme

92

108

92

108

Net cash generated from financing activities ( C)

(5,124)

(2,894)

(5,191)

(2,899)

Effect of Exchange difference on translation of foreign currency (D)

-

-

-

33

Net increase in cash and cash equivalents (A+B+C+D)

2,907

89

1,547

63

Cash and cash equivalents at the beginning of the year

3,358

3,269

4,884

4,821

Cash and cash equivalents at end of the year

6,265

3,358

6,431

4,884

Cash and cash equivalents comprises of:

Standalone

Consolidated

As at 31 March 2026

As at 31 March 2025

As at 31 March 2026

As at 31 March 2025

Cash on hand

41

40

48

42

Balances with banks

On current accounts

3,237

652

3,396

664

Deposits with original maturity less than 3 months

2,987

2,666

2,987

4,178

Cash and cash equivalents at the end of the period

6,265

3,358

6,431

4,884

The Statement of Cash Flows has been prepared in accordance with 'Indirect method' as set out in the Ind AS - 7 'Statement of Cash Flows'.

Place: Faridabad

Date: May 20, 2026

For Action Construction Equipment Limited



Vijay Agarwal

Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h09bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff68345672

9611fdaa9571a95d5becf8b97, postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305a59180 fad7fbccfbeef0f0e8105b65addc5c8, cn=Vijay Agarwal Date: 2026.05.20 17:36:10 +05'30'

Vijay Agarwal

Chairman & Managing Director

13 Statement of segment information for the quarter and year ended 31 March 2026

(Rs. in lakhs)

Particulars

Standalone

Consolidated

Quarter ended

Year ended

Quarter ended

Year ended

31 March 2026

31 December

2025

31 March 2025

31 March

2026

31 March

2025

31 March 2026

31 December

2025

31 March 2025

31 March

2026

31 March

2025

(Refer note 1)

Unaudited

(Refer note 1)

Audited

Audited

(Refer note 1)

Unaudited

(Refer note 1)

Audited

Audited

1 Segment revenue

  1. Cranes, Material Handling and Construction Equipment

  2. Agriculture Equipment

  3. Others

Less: Inter-segment revenue

88,359

7,141

7,655

(376)

76,337

9,269

-(325)

91,089

5,343

-(507)

294,640

26,224

7,655

(1,151)

309,036

24,696

-(1,700)

88,529

7,141

7,655

(376)

76,519

9,269

-(325)

91,263

5,343

-(507)

295,316

26,224

7,655

(1,151)

309,709

24,696

-(1,700)

Revenue from operations

102,779

85,281

95,925

327,368

332,032

102,949

85,463

96,099

328,044

332,705

2 Segment revenue from external customer

  1. Cranes, Material Handling and Construction Equipment

  2. Agriculture Equipment

  3. Others

88,359

6,765

7,655

76,337

8,944

-

91,089

4,836

-

294,640

25,073

7,655

309,036

22,996

-

88,529

6,765

7,655

76,519

8,944

-

91,263

4,836

-

295,316

25,073

7,655

309,709

22,996

-

Revenue from external customer

102,779

85,281

95,925

327,368

332,032

102,949

85,463

96,099

328,044

332,705

Material items of expense

  1. Cost of materials consumed

    1. Cranes, Material Handling and Construction Equipment

    2. Agriculture Equipment

    3. Others

  2. Changes in inventories of finished goods and work-in-progress

    1. Cranes, Material Handling and Construction Equipment

    2. Agriculture Equipment

    3. Others

  3. Depreciation and amortisation expense

    1. Cranes, Material Handling and Construction Equipment

    2. Agriculture Equipment

    3. Others

    4. Unallocated expense

  4. Segments results after depreciation and amortisation expense

    1. Cranes, Material Handling and Construction Equipment

    2. Agriculture Equipment

    3. Others

Total (A)

Add: Other Income (B) Less: Finance costs (C)

Less: Other unallocable expenditure (D)

57,543

9,119

4,770

49,327

6,215

-

63,455

3,276

-

196,533

22,860

4,770

208,522

16,304

-

57,644

9,119

4,770

49,333

6,215

-

63,520

3,276

-

196,564

22,860

4,770

208,556

16,304

-

71,432

55,542

66,731

224,163

224,826

71,533

55,548

66,796

224,194

224,860

3,594

(3,882)

-

761

990

-

(1,827)

55

-

830

(3,497)

-

1,831

634

-

3,422

(3,882)

-

761

990

-

(1,921)

55

-

752

(3,497)

-

1,849

634

-

(288)

1,751

(1,772)

(2,667)

2,465

(460)

1,751

(1,866)

(2,745)

2,483

549

43

1

326

508

35

-315

388

32

-272

1,987

163

1

1,240

1,527

138

-1,100

571

43

1

336

530

35

-327

401

32

-297

2,074

163

1

1,281

1,564

138

-1,129

919

858

692

3,391

2,765

951

892

730

3,519

2,831

16,142

274

1,962

18,378

(626)

333

2,301

15,282

88

-

15,370

3,563

464

3,355

17,862

127

-

17,989

830

384

2,385

54,810

253

1,962

57,025

12,142

2,200

10,322

56,417

858

-

57,275

9,964

2,857

10,071

16,254

274

1,962

18,490

(612)

335

2,201

15,345

88

-

15,433

3,573

467

3,351

17,933

127

-

18,060

839

388

2,422

55,038

253

1,962

57,253

11,006

2,211

10,377

56,614

858

-

57,472

10,032

2,865

9,727

Profit before tax (A+B-C-D)

15,118

15,114

16,050

56,645

54,311

15,342

15,188

16,089

55,671

54,912

Less: Tax expense (E)

4,234

3,526

4,209

14,103

13,947

4,251

3,547

4,233

14,161

13,988

Profit after tax (A+B-C-D-E)

10,884

11,588

11,841

42,542

40,364

11,091

11,641

11,856

41,510

40,924

Agarwal

Vijay

Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h0 9bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff68 3456729611fdaa9571a95d5becf8b97,

postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305 a59180fad7fbccfbeef0f0e8105b65addc5c8, cn=Vijay Agarwal

Date: 2026.05.20 17:37:15 +05'30'

Particulars

Standalone

Consolidated

Quarter ended

Year ended

Quarter ended

Year ended

31 March 2026

31 December

2025

31 March 2025

31 March

2026

31 March

2025

31 March 2026

31 December

2025

31 March 2025

31 March

2026

31 March

2025

(Refer note 1)

Unaudited

(Refer note 1)

Audited

Audited

(Refer note 1)

Unaudited

(Refer note 1)

Audited

Audited

7

Addition to Property, plant and equipment & Capital Workin-progress

a)

Cranes, Material Handling and Construction Equipment

2,211

2,097

3,999

8,118

14,561

2,211

2,096

4,721

8,157

15,320

b)

Agriculture Equipment

13

24

64

201

175

13

24

64

201

175

c)

Others

11

-

-

11

-

11

-

-

11

-

d)

Unallocated

625

888

3,875

2,592

5,080

663

944

3,885

2,805

5,669

2,860

3,009

7,938

10,922

19,816

2,898

3,064

8,670

11,174

21,164

8

Segment assets

a)

Cranes, Material Handling and Construction Equipment

134,525

137,121

119,469

134,525

119,469

135,555

137,536

120,154

135,555

120,154

b)

Agriculture Equipment

15,040

10,469

18,853

15,040

18,853

15,040

10,469

18,853

15,040

18,853

c)

Others

2,630

-

-

2,630

-

2,630

-

-

2,630

-

d)

Unallocated

171,404

158,901

130,426

171,404

130,426

171,943

159,643

132,078

171,943

132,078

Total assets

323,599

306,491

268,748

323,599

268,748

325,168

307,648

271,085

325,168

271,085

9

Segment liabilities

a)

Cranes, Material Handling and Construction Equipment

100,373

90,782

94,563

100,373

94,563

100,931

91,122

94,944

100,931

94,944

b)

Agriculture Equipment

14,565

9,640

9,140

14,565

9,140

14,565

9,640

9,140

14,565

9,140

c)

Others

6,009

-

-

6,009

-

6,009

-

-

6,009

-

d)

Unallocated

2,532

16,907

5,314

2,532

5,314

2,558

16,946

5,357

2,558

5,357

Total liabilities

123,479

117,329

109,017

123,479

109,017

124,063

117,708

109,441

124,063

109,441

Reportable segments are identified basis different products and services offered by the Company/Group.

Unallocated figures relates to segments which do not meet criteria of Reportable Segment as per Ind AS 108- Operating Segments.

Place: Faridabad

Date: May 20, 2026

For Action Construction Equipment Limited



Vijay Agarwal

Digitally signed by Vijay Agarwal DN: c=IN, o=Personal, title=9744,

pseudonym=ikml3rq61oyza52st4wfexvj8p7h09bn, 2.5.4.20=c2d6724980ff1ac12d2d00aef68c3ff6834567296

11fdaa9571a95d5becf8b97, postalCode=121007, st=Haryana, serialNumber=a9f335b5ab134017da73a2f9305a59180fa d7fbccfbeef0f0e8105b65addc5c8, cn=Vijay Agarwal Date: 2026.05.20 17:38:22 +05'30'

Vijay Agarwal

Chairman & Managing Director

‌B S R & Co. LLP

Chartered Accountants

Building No. 10, 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India

Tel: +91 124 719 1000

Fax: +91124 235 8613

To the tiaard of Directors of Action Construction Equipment iimitecl

Report on the audit of the Standalone n n a i Financial Rasuis

We have audited the accompanying standalone annual financial results of Action Construction Equipment Limited (hereinafter referred to as the "Company") for the year ended 31 March 2026, attached herewith, (in which are included financial statements of Action Construction Equipment Limited Employee Welfare Trust (hereinafter referred to as the "Employee Welfare Trust" or "Trust")) being submitted by the company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone annual financial results:

  1. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

  2. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the year ended 31 March 2026.

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Standalone Annual Financial Results section of our report. We are independent of the Company, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion on the standalone annual financial results.

These standalone annual financial results have been prepared on the basis of the standalone annual financial statements.

The Company's Management and the Board of Directors are responsible for the preparation and presentation of these standalone annual financial results that give a true and fair view of the net profit/ loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the Company/Board of Trustees of the Trust are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of Company/Trust and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making

l-'/

8RR&Co(partnership finm with Registration No, BA61223) carverted into SAR&CO. LLP (a

Limited Liability Partnership with LLP Registration No. AA-8181) wth effect from October 14, 2013

Registered Office

14th Floor, Central B Wng and North C Wng, Nesco IT Park 4, tNOsco Center, Western Express Highway, Goregaon (East), Mumbai - 400063

Page 1 of 3



B S R & Co. LLP

judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone annual financial results, the respective Management and the Board of Lrectors/Board ot Irustees are responsible tor assessing each Company/Trust to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors/Board of Trustees either intends to liquidate the Company/Trust or to cease operations, or has no realistic alternative but to do so.

Th respective Board of Directors/Board of Trustees are responsible for overseeing the financial reporting process of each Company/Trust.

Our objectives are to obtain reasonable assurance about whether the standalone annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone annual financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the standalone annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the standalone annual financial results made by the Management and Board of Directors.

Conclude on the appropriateness of the Management's and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the standalone annual financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the standalone annual financial results, including the disclosures, and whether the standalone annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.

Obtain sufficient appropriate audit evidence regarding the financial statements of the Trust of the Company to express an opinion on the standalone annual financial results. For the Trust included in the standalone annual financial results, which has been audited by other auditor, such other auditor remain responsible for the direction, supervision and performance of the audit carried out by them.

Page 2 of 3



B S R & Co. LLP

Action

(Continued}

j;peg$ j

We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described sub paragraph (a) of the "Other Matters" paragraph in this audit report.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requiramants ragardlng independence, and to communicate with them all relationships and otlier matters that may reasonably be thought to baar on our independence, and where applicable, related safeguards.

  1. The standalone annual financial results include the audited financial statements of Employee Welfare Trust, whose financial statements reflect total assets of Rs. 715.73 lakhs as at 31 March 2026, total income of Rs. 93.95 lakhs, total net loss after tax of Rs. 59.38 lakhs, and net cash inflows of Rs. 29.57 lakhs for the year ended on that date, as considered in the standalone annual financial results, which has been audited by other auditor. The other auditor's report on financial statements of this Trust has been furnished to us by the management.

    Our opinion on the standalone annual financial results, in so far as it relates to the amounts and disclosures included in respect of this Trust, is based solely on the report of such auditor.

    Our opinion is not modified in respect of this matter.

  2. The standalone annual financial results include the results for the quarter ended 31 March 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For B S R & Co. LLP

Chartered Accountants

Firm's Registration No,:101248W/W-100022

Kuna! Kapur

Faridabad

20 May 2026

Partner Membership No.: 509209 UDIN:26509209GTAXJQ5297

Page 3 of 3



‌B S R & Co. LLP

Chartered Accountants

Building No. 10, 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India

Tel: +91 124 719 1000

Fax. +91 124 235 8613

I,I_I�1ci11Eci1-iU-1-I11l[' A ALl,1r•j·11·rJ1·'cE, I )[11· []r1 L

Report on the audit of the Consolidated Annual Financial Results

We have audited the accompanying consolidated annual financial results of Action Construction Equipment Limited (hereinafter referred to as the "Holding Company") and its subsidiaries (Holding Company and its subsidiaries together referred to as "the Group"), for the year ended 31 March 2026, attached herewith, (in which are included financial statements of Action Construction Equipment Limited Employee Welfare Trust (hereinafter referred to as the "Employee Welfare Trust" or "Trust")) being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid consolidated annual financial results:

  1. include the annual financial results of the following entities:

    Parent:

    1. Action Construction Equipment Limited

    Subsldlarles:

    1. Crane Kraft India Private Limited

    2. Namo Metals (Partnership firm)

    3. Action Construction Equipment Limited Employee Welfare Trust

    4. ACE Emergency Response Service Trust

    5. SC Forma SA (Subsidiary till 2 September 2025)

  2. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

  3. glve a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards, and other accounting principles generally accepted in India, of consolidated net profit and other comprehensive income and other financial information of the Group for the year ended 31 March 2026.

We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Consolidated Annual Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion on the consolidated annual financial results.

8SR8Co(apartnership firm with Registration No. BA61223) converted into8SR&Co.LLP (a

Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013

Reg/store O,cs

14ih Floor, Central B Wing and North C Wing, NescotT Park 4, Ne$co Center, Western Express Highway, Goregaon (East), Mumbai. 400063

Page 1 of 4



B S R & Co. LLP

These consolidated annual financial results have been prepared on the basis of the consolidated annual financial statements.

The Holding Company's Management and the Board of Directors are responsible for the preparation and presentation of these consolidated annual financial results that give a true and fair view of the consolidated net profit/ loss and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the Companies/Board of Trustees of the Trust/Designated Partners of the Partnership firm included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of each Company/Trusts/Partnership firm and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated annual financial results by the Management and the Board of Directors of the Holding Company, as aforesaid.

In preparing the consolidated annual financial results, the respective Management and the Board of Directors of the Companies/Board of Trustees of the Trust/Designated Partners of the Partnership firm included in the Group are responsible for assessing the ability of each Company/Trust/Partnership firm to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors/Board of Trustees/Designated Partners either intends to liquidate the Company/Trust/Partnership firm or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the Companies/Board of Trustees of the Trust/Designated Partners of the Partnership firm included in the Group is responsible for overseeing the financial reporting process of each Company/Trust/Partnership firm.

Our objectives are to obtain reasonable assurance about whether the consolidated annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated annual financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the consolidated annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of financial statements on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

Page 2 0f 4



B S R & Co. LLP

Independent Auditor's Report (Continued)

Action Construction Equipment Limited

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the consolidated annual financial results made by the Management and Board of Directors.

Conclude on the appropriateness of the Management's and Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the appropriateness of this assumption. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the consolidated annual financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the consolidated annual financial results, including the disclosures, and whether the consolidated annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.

W h rd m s p

Obtain sufficient appropriate audit evidence regarding the financial results/ statements of the entities within the Group to express an opinion on the consolidated annual financial results. We are responsible for the direction, supervision and performance of the audit of financial results/ statements of such entity included in the consolidated annual financial results of which we are the independent auditor. For the other entities included in the consolidated annual financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audit carried out by them. We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described in sub paragraph (a) of the "Other Matters" paragraph in this audit report.

and timing of the audit and significant audit findings, including any significant deficiencies in internal control e communicate with those charged wit governance rega ing, among other atter , the planned sco e that we identify during our audit.

ll

W d g g rn h

e also provi e those char ed with ove ance with a statement that we have complied wit relevant

WS rf N CIR/CFD C D1 44 2019 y

matters that may reasonably be thought to bear on our independence, and where applicable, related ethical requirements regarding independence, and to communicate with them a relationships and other safeguards.

ecurities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent e also pe ormed procedures in accordance with the circular o / M / / issued b the applicable.

  1. The consolidated annual financial results include the audited financial statements of three subsidiaries including employee welfare trust, whose financial statements reflects total assets (before consolidation adjustments) of Rs. 3,047.38 lakhs as at 31 March 2026, total income (before consolidation adjustments) of Rs. 4,555.17 lakhs, total net profit after tax (before consolidation adjustments) of Rs. 370.39 lakhs and net cash inflows (before consolidation adjustments) of Rs

    188.41 lakhs for the year ended on that date, as considered in the consolidated annual financial results, which have been audited by their respective independent auditors. The independent auditor's reports on financial statements of these entities have been furnished to us by the management.

    Our opinion on the consolidated annual financial results, in so far as it relates to the amounts and disclosures included in respect of these entities, is based solely on the reports of such other auditors

    and the procedures performed by us are as stated in paragraph above. I

    I

    r

    Our opinion on the consolidated annual financial results is not modified in respect of the above matter with respect to our reliance on the work done and the reports of the other auditors.

  2. The consolidated annual financial results include the unaudited financial information of one subsidiary, whose financial information reflects total assets (before consolidation adjustments) of Rs.

    481.00 lakhs as at 31 March 2026, total income (before consolidation adjustments) of Rs. 24.00 lakhs,

    � Page3of4 I



    B S R & Co. LLP

    total net profit after tax (before consolidation adjustments) of Rs.12.75 lakhs and net cash outflow (before consolidation adjustments) of Rs 0.22 lakhs for the year ended on that date, as considered in the consolidated annual financial results. These unaudited financial information have been furnished to us by the Board of Directors.

    Our opinion on the consolidated annual financial results, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on such financial information. In our opinion and according to the information and explanations given to us by the Board of Directors, this financial information is not material to the Group.

    Our opinion on the consolidated annual financial results is not modified in respect of the above matter

    with respect to the financial information certified by the Board of Directors.

  3. The consolidated annual financial results include the results for the quarter ended 31 March 2026 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For B s R & Co. LLP

Chartered Accountants

Firm's Registration No.:101248W/W-100022

�-····--1

KunalKapur

Faridabad

20 May 2026

Partner Membership No.: 509209 UDIN:26509209ZJIGTJ6435

Page 4 of 4



‌Action Construction Equipment Ltd.

Corporate & Regd. Office .

Dudhola Link Road, Dudhola, Distt. Palwal - 121102, Haryana, India

ACE

Date: 20t May, 2026

To,

The Manager Listing BSE Limited

5th Floor, P.J. Towers, Dalal Street,

Mumbai-400 001

Scrip Code: 532762

JAN 2026-JAN 202T

INDIA

The Manager Listing

National Stock Exchange of India Ltd CM Quote: ACE Exchange Plaza,

Sandra Kurla Complex, Bandra(E), Mumbai-400 051

Subject: Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 w.r.t. Audit Report with unmodified opinion.

Dear Sir/Madam,

I, Rajan Luthra, Chief Financial Officer, Action Construction Equipment Limited (CIN: L74899HR1995PLC053860) having its Registered Office at Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, hereby declare that, the Statutory Auditors of the Company, M/s B S R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W-100022) have issued an Audit Report with unmodified opinion on the Annual Audited Financial Results of the Company (Standalone & Consolidated) for the year ended 31st March, 2026.

This declaration is given pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

This is for your information and records please. Thanking you

For Action Construction Equipment Limited

Lk--

Rajan Luthra

(Chief Financial Officer)

;

a .is e d

Corporate Office & Regd. Office : Phone: +91-1275-280111 ,n F · 9 1 . O T ; E nat wo ms ?it we a n er

Mktg. H.Q.: 4th Floor, Pinnacle, Surajkund, Faridabad, NCR-121009, Phone: +91-129-4550000 (100 Lines), Fax : +91-129-4550022, E-mail:

Customer Care No.: 1800 1800 004 (Toll Free), CIN : L74899HR1995PLC053860



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