Board Meeting Details

The Board of Directors meeting was held on Monday, July 20, 2026, commencing at 1:15 PM and concluding at 3:45 PM. The meeting approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026.

Financial Results Summary

Standalone Performance (₹ in lakhs):

  • Revenue from operations: ₹78,168 (Q1 FY27) vs ₹65,194 (Q1 FY26) - 20.0% YoY increase
  • Total income: ₹83,611 (Q1 FY27) vs ₹70,295 (Q1 FY26)
  • Profit before tax: ₹15,679 (Q1 FY27) vs ₹12,664 (Q1 FY26) - 23.8% YoY increase
  • Profit after tax: ₹11,859 (Q1 FY27) vs ₹9,683 (Q1 FY26) - 22.5% YoY increase
  • Total comprehensive income: ₹11,862 (Q1 FY27) vs ₹9,683 (Q1 FY26)
  • Basic EPS: ₹9.96 (Q1 FY27) vs ₹8.14 (Q1 FY26)

Consolidated Performance (₹ in lakhs):

  • Revenue from operations: ₹78,568 (Q1 FY27) vs ₹65,208 (Q1 FY26) - 20.5% YoY increase
  • Total income: ₹84,029 (Q1 FY27) vs ₹70,322 (Q1 FY26)
  • Profit before tax: ₹15,842 (Q1 FY27) vs ₹12,772 (Q1 FY26) - 24.0% YoY increase
  • Profit after tax: ₹11,949 (Q1 FY27) vs ₹9,772 (Q1 FY26) - 22.3% YoY increase
  • Total comprehensive income: ₹11,952 (Q1 FY27) vs ₹9,772 (Q1 FY26)
  • Basic EPS: ₹10.04 (Q1 FY27) vs ₹8.21 (Q1 FY26)

Segment Performance (Consolidated, ₹ in lakhs):

  • Cranes, Material Handling and Construction Equipment: Revenue ₹74,237 (94.5% of total)
  • Agriculture Equipment: Revenue ₹4,573 (5.8% of total)
  • Others: Revenue ₹64 (0.1% of total)

ESOP Details

The Company provided detailed Employee Stock Option Scheme (ESOP) activity:

FY2023-24 Grant (79,674 options):

  • 22,967 options vested in Q1 FY27
  • 7,812 options exercised in Q1 FY27

FY2024-25 Grant (31,866 options):

  • 9,970 options vested in Q1 FY27
  • No options exercised in Q1 FY27

FY2025-26 Grant (35,661 options):

  • 10,981 options vested in Q1 FY27
  • No options exercised in Q1 FY27

Q1 FY2027 Grant:

  • 56,775 new employee equity share options granted
  • No exercises, forfeitures, or vesting during the quarter

Dividend Information

The Board of Directors at its meeting held on May 20, 2026, recommended a final dividend of 100% (₹2.00 per equity share of face value ₹2.00 each) for the financial year ended March 31, 2026. This is subject to approval at the upcoming Annual General Meeting.

Subsidiary Updates

New Subsidiary Formation:

  • ACE KATO Private Limited was incorporated on March 11, 2026, pursuant to an Investor and Shareholder Agreement between Action Construction Equipment Limited and KATO Works Co., Ltd., Japan
  • During Q1 FY27, the Company invested ₹4.95 lakhs and holds 99% of the issued equity share capital
  • Pending capital contribution from KATO, ACE KATO is disclosed as a subsidiary

Consolidated Entities:

The financial results include consolidation of the following entities:

1. Crane Kraft India Private Limited (India)

2. Namo Metals (Partnership Firm, India)

3. Action Construction Equipment Limited Employees Welfare Trust (India)

4. ACE Emergency Response Service Trust (India)

5. ACE KATO Private Limited (India)

Financial Ratios (Consolidated):

  • Operating margin: 15.00% (Q1 FY27) vs 14.24% (Q1 FY26)
  • Net profit margin: 14.22% (Q1 FY27) vs 13.90% (Q1 FY26)
  • Interest service coverage ratio: 33.07 times (Q1 FY27) vs 16.50 times (Q1 FY26)
  • Debt-equity ratio: 0.00 times (as of March 31, 2026)
  • Current ratio: 1.33 times (as of March 31, 2026)

Commercial Paper Activity

During Q1 FY27, the Company/Group issued ₹3,500 lakhs of commercial paper with three-month tenure. None of the commercial papers matured during the quarter.

Limited Review Report Details

B S R & Co. LLP conducted the limited review in accordance with Standard on Review Engagements (SRE) 2410. The report notes that figures for the three months ended March 31, 2026, are balancing figures between audited annual figures and published year-to-date figures up to the third quarter of previous financial year.

#Tags: #ActionConstruction #Q1Results #FinancialResults #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral