Action Construction Equipment Ltd (ACE), established in 1995 and headquartered in Faridabad, Haryana, is a prominent name in India’s heavy equipment manufacturing industry. The company specializes in designing, manufacturing, and marketing a wide array of construction and agricultural machinery, including hydraulic mobile cranes, mobile tower cranes, forklifts, backhoe loaders, compactors, motor graders, and agricultural equipment like tractors, harvesters, and rotavators. ACE operates eight state-of-the-art manufacturing facilities in Faridabad, supported by a dedicated research and development center, enabling a robust production capacity of 12,000 construction equipment units and 9,000 tractors annually. With a strong focus on excellence and innovation, the company serves a broad market across Asia-Pacific, Africa, and Latin America, continually expanding its global footprint. ACE prioritizes customer satisfaction through high-quality products and exceptional after-sales service, making it a trusted name in the construction and agricultural equipment sectors.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 66.76% | 66.76% | 66.76% | 65.41% | 65.41% |
| FIIs + | 8.96% | 8.81% | 9.35% | 10.13% | 10.48% |
| DIIs + | 2.79% | 2.61% | 2.21% | 1.79% | 1.61% |
| Public + | 21.48% | 21.77% | 21.64% | 22.61% | 22.43% |
| Others + | 0.03% | 0.06% | 0.06% | 0.06% | 0.06% |
| No. of Shareholders | 1,04,247 | 1,14,418 | 1,31,256 | 1,74,717 | 1,82,607 |
The shareholding pattern of Action Construction Equipment Ltd highlights the company’s ownership distribution across different investor categories over recent quarters. Promoters have consistently held a dominant stake, maintaining a robust share of 66.76% from September 2023 to March 2024, which marginally reduced to 65.41% by June 2024 and remained steady through September 2024. Foreign Institutional Investors (FIIs) have shown growing interest in the company, increasing their stake from 8.96% in September 2023 to 10.48% by September 2024. Conversely, Domestic Institutional Investors (DIIs) have reduced their holdings, dropping from 2.79% in September 2023 to 1.61% by September 2024. Public shareholding has seen a gradual increase, rising from 21.48% in September 2023 to 22.43% by September 2024, reflecting growing retail investor participation. The “Others” category remains negligible at 0.06% throughout most of the period. The number of shareholders has surged significantly, from 1,04,247 in September 2023 to 1,82,607 by September 2024, showcasing a growing investor base and heightened interest in Action Construction Equipment.
Below are the trading platforms that you can use to purchase Action Construction Equipment shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| December 2024 | 1,473.05 | 1,280.92 |
Action Construction Equipment is projected to show steady momentum. By December 2024, the maximum price is expected to reach ₹1,473.05, while the minimum price may hover around ₹1,280.92.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,487.78 | 1,144.45 |
| February 2025 | 1,502.81 | 1,156.01 |
| March 2025 | 1,534.37 | 1,180.29 |
| April 2025 | 1,519.18 | 1,168.60 |
| May 2025 | 1,474.93 | 1,134.56 |
| June 2025 | 1,541.30 | 1,185.62 |
| July 2025 | 1,511.08 | 1,162.37 |
| August 2025 | 1,557.82 | 1,198.32 |
| September 2025 | 1,576.51 | 1,212.70 |
| October 2025 | 1,617.50 | 1,244.23 |
| November 2025 | 1,657.94 | 1,275.34 |
| December 2025 | 1,732.54 | 1,332.73 |
As we move through 2025, the share price of Action Construction Equipment is expected to show steady growth. January may see a maximum of ₹1,487.78 and a minimum of ₹1,144.45, rising to ₹1,502.81 and ₹1,156.01 in February. By mid-year, June could reach ₹1,541.30 at the maximum and ₹1,185.62 at the minimum. Towards year-end, October might see prices between ₹1,617.50 and ₹1,244.23, and December is anticipated to peak at ₹1,732.54 with a minimum of ₹1,332.73, reflecting consistent upward momentum.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,784.52 | 1,372.71 |
| February 2026 | 1,739.91 | 1,338.39 |
| March 2026 | 1,774.71 | 1,365.16 |
| April 2026 | 1,810.92 | 1,393.02 |
| May 2026 | 1,792.99 | 1,379.23 |
| June 2026 | 1,837.82 | 1,413.71 |
| July 2026 | 1,801.78 | 1,385.99 |
| August 2026 | 1,857.51 | 1,428.85 |
| September 2026 | 1,894.66 | 1,457.43 |
| October 2026 | 1,943.92 | 1,495.32 |
| November 2026 | 1,992.52 | 1,532.71 |
| December 2026 | 2,042.33 | 1,571.02 |
| When | Maximum Price | Minimum Price |
| January 2027 | 2,062.75 | 1,586.73 |
| February 2027 | 2,115.65 | 1,627.42 |
| March 2027 | 2,198.16 | 1,690.89 |
| April 2027 | 2,155.05 | 1,657.73 |
| May 2027 | 2,092.29 | 1,609.45 |
| June 2027 | 2,186.44 | 1,681.88 |
| July 2027 | 2,143.57 | 1,648.90 |
| August 2027 | 2,209.86 | 1,699.90 |
| September 2027 | 2,287.21 | 1,759.39 |
| October 2027 | 2,346.68 | 1,805.14 |
| November 2027 | 2,405.34 | 1,850.26 |
| December 2027 | 2,465.48 | 1,896.52 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,514.79 | 1,934.45 |
| February 2028 | 2,579.27 | 1,984.05 |
| March 2028 | 2,679.86 | 2,061.43 |
| April 2028 | 2,627.31 | 2,021.01 |
| May 2028 | 2,550.79 | 1,962.15 |
| June 2028 | 2,665.58 | 2,050.44 |
| July 2028 | 2,613.31 | 2,010.24 |
| August 2028 | 2,694.13 | 2,072.41 |
| September 2028 | 2,788.43 | 2,144.94 |
| October 2028 | 2,860.93 | 2,200.71 |
| November 2028 | 2,932.45 | 2,255.73 |
| December 2028 | 3,005.76 | 2,312.12 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,065.88 | 2,358.37 |
| February 2029 | 3,144.49 | 2,418.84 |
| March 2029 | 3,267.12 | 2,513.17 |
| April 2029 | 3,203.06 | 2,463.89 |
| May 2029 | 3,109.77 | 2,392.13 |
| June 2029 | 3,249.71 | 2,499.78 |
| July 2029 | 3,185.99 | 2,450.76 |
| August 2029 | 3,284.52 | 2,526.56 |
| September 2029 | 3,399.48 | 2,614.99 |
| October 2029 | 3,487.87 | 2,682.98 |
| November 2029 | 3,575.07 | 2,750.05 |
| December 2029 | 3,664.44 | 2,818.80 |
| When | Maximum Price | Minimum Price |
| January 2030 | 3,737.73 | 2,875.18 |
| February 2030 | 3,833.57 | 2,948.90 |
| March 2030 | 3,983.08 | 3,063.91 |
| April 2030 | 3,904.98 | 3,003.83 |
| May 2030 | 3,791.24 | 2,916.34 |
| June 2030 | 3,961.85 | 3,047.58 |
| July 2030 | 3,884.17 | 2,987.82 |
| August 2030 | 4,004.30 | 3,080.23 |
| September 2030 | 4,144.45 | 3,188.03 |
| October 2030 | 4,252.20 | 3,270.92 |
| November 2030 | 4,358.51 | 3,352.70 |
| December 2030 | 4,467.47 | 3,436.51 |
As we step into 2030, the share price of Action Construction Equipment is projected to demonstrate robust growth. January may witness a maximum of ₹3,737.73 and a minimum of ₹2,875.18, while February could see values reaching ₹3,833.57 at the peak and ₹2,948.90 at the low. By mid-year, June is anticipated to achieve a maximum of ₹3,961.85 and a minimum of ₹3,047.58. As we step further, October might range between ₹4,252.20 and ₹3,270.92, culminating in December with an impressive high of ₹4,467.47 and a low of ₹3,436.51, showcasing a strong upward trend throughout the year.
Financial Condition of Action Construction Equipment
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,156 | 1,227 | 1,630 | 2,160 | 2,914 | 3,080 |
| Expenses + | 1,065 | 1,108 | 1,478 | 1,939 | 2,510 | 2,640 |
| Operating Profit | 92 | 119 | 151 | 221 | 404 | 440 |
| OPM % | 8% | 10% | 9% | 10% | 14% | 14% |
| Other Income + | 4 | 15 | 11 | 41 | 77 | 106 |
| Interest | 15 | 12 | 10 | 10 | 23 | 33 |
| Depreciation | 13 | 14 | 15 | 18 | 23 | 26 |
| Profit before tax | 68 | 108 | 137 | 234 | 434 | 486 |
| Tax % | 23% | 26% | 24% | 26% | 24% | |
| Net Profit + | 52 | 80 | 105 | 173 | 328 | 366 |
| EPS in Rs | 4.63 | 7.03 | 8.82 | 14.41 | 27.56 | 30.71 |
| Dividend Payout % | 11% | 7% | 7% | 7% | 7% |
The financial performance of Action Construction Equipment Ltd has shown consistent growth across key metrics over the years. From March 2020 to the trailing twelve months (TTM), the company’s sales have witnessed a substantial increase, rising from ₹1,156 crore to ₹3,080 crore. Expenses have grown proportionally but remain well-managed, increasing from ₹1,065 crore to ₹2,640 crore during the same period. Operating profit has surged from ₹92 crore in March 2020 to ₹440 crore in the TTM, with the operating profit margin (OPM) improving from 8% to 14%, reflecting enhanced operational efficiency.
The company’s other income has shown significant growth, increasing from ₹4 crore in March 2020 to ₹106 crore in the TTM. Interest expenses have remained relatively stable but rose to ₹33 crore in the TTM. Depreciation costs have incrementally increased from ₹13 crore in March 2020 to ₹26 crore in the TTM, aligning with the company’s expansion and capital investments. Profit before tax has grown sharply, from ₹68 crore in March 2020 to ₹486 crore in the TTM, showcasing robust financial health.
Net profit has shown impressive growth, climbing from ₹52 crore in March 2020 to ₹366 crore in the TTM, with the earnings per share (EPS) increasing from ₹4.63 to ₹30.71. Despite this growth, the dividend payout ratio has remained steady at 7% in recent years, indicating the company’s focus on reinvestment for future growth.
FAQS
While there is no official share price target for Action Construction Equipment for 2025, some experts predict that the company’s share price could continue to grow up to ₹1,732.54 by the end of 2025
As per our analysis, we expect Action Construction Equipment to reach ₹4,467.47 by the end of 2030
Is Action Construction Equipment a good stock to buy?
Many investors consider Action Construction Equipment to be a good long-term investment, given the company’s strong financial performance and growth potential.
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Conclusion
In conclusion, Action Construction Equipment Ltd has strong growth and operational efficiency across its business and financial metrics. The company has expanded its market presence with a comprehensive product portfolio and advanced manufacturing capabilities, catering to diverse industries and regions.
Financially, the company’s sales have more than doubled from ₹1,156 crore in March 2020 to ₹3,080 crore in the TTM, with a notable improvement in profitability and operational efficiency, as reflected in the rise of operating profit margins from 8% to 14%. The consistent increase in net profit and EPS, coupled with a stable dividend payout policy, highlights its commitment to delivering shareholder value. Furthermore, the rising number of shareholders and the steady increase in foreign institutional investments underscore growing investor confidence in the company’s future prospects.
What did we learn?
- 1 Shareholdings Patterns of Action Construction Equipment
- 2 How to purchase Action Construction Equipment shares?
- 3 Action Construction Equipment Share Price Prediction: 2024 to 2030
- 3.1 Action Construction Equipment Share Price Target 2024
- 3.2 Action Construction Equipment Share Price Prediction 2025
- 3.3 Action Construction Equipment Share Price Target 2026
- 3.4 Action Construction Equipment Share Price Target 2027
- 3.5 Action Construction Equipment Share Price Prediction 2028
- 3.6 Action Construction Equipment Share Price Target 2029
- 3.7 Action Construction Equipment Share Price Prediction 20230
- 4 Financial Condition of Action Construction Equipment
- 5 FAQS
- 6 Conclusion
