Key Financial Figures (Standalone)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹88,352 lakhs (vs. ₹74,114 lakhs in Q2 FY26)
  • Other Income: ₹4,595 lakhs
  • Total Income: ₹92,947 lakhs
  • Profit Before Exceptional Items and Tax: ₹16,539 lakhs
  • Exceptional Items: ₹5,000 lakhs (Gain on slump sale to JV)
  • Profit Before Tax: ₹21,539 lakhs
  • Total Tax Expense: ₹5,242 lakhs
  • Profit After Tax: ₹16,297 lakhs (vs. ₹10,387 lakhs in Q2 FY26)
  • Total Comprehensive Income: ₹16,301 lakhs
  • Basic EPS: ₹13.70 (vs. ₹8.73 in Q2 FY26)
  • Diluted EPS: ₹13.69

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹1,66,520 lakhs (vs. ₹1,39,308 lakhs in H1 FY26)
  • Profit Before Tax: ₹37,218 lakhs
  • Profit After Tax: ₹28,156 lakhs
  • Total Comprehensive Income: ₹28,163 lakhs
  • Basic EPS: ₹23.66
  • Diluted EPS: ₹23.65

Key Financial Figures (Consolidated)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹88,609 lakhs (vs. ₹74,424 lakhs in Q2 FY26)
  • Profit After Tax attributable to owners: ₹16,424 lakhs (vs. ₹9,005 lakhs in Q2 FY26)
  • Basic EPS: ₹13.80 (vs. ₹7.57 in Q2 FY26)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹1,67,177 lakhs
  • Profit After Tax attributable to owners: ₹28,373 lakhs
  • Basic EPS: ₹23.84

Significant Event: Joint Venture Formation

Pursuant to an Investment and Shareholders' Agreement dated March 11, 2026, with Kato Works Co., Ltd., Japan (KATO), the company completed the transfer of its Heavy Cranes business undertaking to ACE KATO Private Limited (ACE KATO) on a slump sale basis as a going concern during the quarter. Post-transfer, the company and KATO each hold a 50% interest in ACE KATO. The company transferred net assets with a carrying value of ₹1,970 lakhs and received equity shares of ACE KATO with a fair value of ₹11,970 lakhs. This transaction resulted in a gain of ₹5,000 lakhs, classified as an Exceptional Item in the financial results. ACE KATO is classified as a joint operation under Ind AS 111.

Capital Structure

Paid-up equity share capital (face value of ₹2 each) remained unchanged at ₹2,382 lakhs for both standalone and consolidated entities across all reported periods.

ESOP Details

The disclosure includes detailed activity for the Employee Stock Option Scheme - 2021 for grants made in FY24, FY25, FY26, and the current half-year. Key details include:

  • Grant during H1 FY27: 56,775 options granted. No exercises, forfeitures, or vesting occurred in H1 FY27 for this grant.
  • Grant during FY26: 35,661 options granted. 10,981 options vested in H1 FY27. No exercises occurred.
  • Grant during FY25: 31,866 options granted. 9,970 options vested in H1 FY27. No exercises occurred.
  • Grant during FY24: 79,674 options granted. 22,967 options vested and 14,132 options were exercised in H1 FY27.

Dividend

A final dividend of 100% (₹2.00 per equity share) for FY26, recommended by the Board on May 20, 2026, was approved by shareholders in the AGM held on September 18, 2026.

Entities Consolidated

The consolidated results include the parent and the following entities:

  • Crane Kraft India Private Limited (Subsidiary)
  • Namo Metals (Partnership Firm) (Subsidiary)
  • Action Construction Equipment Limited Employees Welfare Trust (Subsidiary)
  • ACE Emergency Response Service Trust (Subsidiary)
  • ACE KATO Private Limited (Joint Operation)

Liquidity and Borrowings

During the quarter, the company/group issued commercial papers worth ₹3,500 lakhs with a three-month tenure. During the half-year, it issued ₹7,000 lakhs of commercial papers, of which ₹3,500 lakhs matured.

Auditor's Review

The unaudited financial results were reviewed by the statutory auditors, B S R & Co. LLP, who issued an unmodified limited review report for both the standalone and consolidated results.