Action Construction Equipment Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Action Construction Equipment reported FY25 revenue of INR3,420 Cr, up 14.5% YoY, with EBITDA margin expanding 148 bps to 17.5%. PAT grew 23% to INR404 Cr. Q4 revenue rose 13% YoY to INR968 Cr, with 17.7% margin aided by better product mix and cost control. Crane, metal handling & construction segment grew 15.5% to INR3,090 Cr, profit up 25% at 18.3% margin; agri division posted INR230 Cr revenue at 3.7% margin.

The company secured its largest defense order of INR420 Cr for 1,121 forklifts over 3 years, expected to add ~4-5% revenue in FY26-FY27. Defense and exports target 10-15% medium term. FY26 growth is guided at 14-15%, margins steady at 17-18%, with volume and price increases anticipated. Capacity utilization is ~70%, with INR300-350 Cr capex planned. JV with Kato to contribute ~INR100 Cr in Q3 FY26. Management focuses on cost discipline, product innovation, and balanced sector exposure amid cautious optimism.