Date: November 12, 2026

Financial Results (Consolidated)

Q2 FY27 Performance

  • Total Income: ₹9,322 Mn, increased 20.5% YoY from ₹7,736 Mn
  • Normalized EBITDA (excluding exceptional items): ₹1,800 Mn, increased 30.2% YoY from ₹1,383 Mn
  • Normalized EBITDA Margin: 19.31%, expanded 143 basis points YoY from 17.88%
  • Profit Before Exceptional Item and Tax: ₹1,669 Mn, increased 34.9% YoY from ₹1,237 Mn
  • Exceptional Items: Gain of ₹500 Mn from Slump Sale to ACE KATO Pvt. Ltd.
  • Profit Before Tax: ₹2,169 Mn, increased 75.3% YoY from ₹1,237 Mn
  • Tax: ₹526 Mn, increased 56.5% YoY from ₹336 Mn
  • Profit After Tax: ₹1,643 Mn, increased 82.4% YoY from ₹901 Mn
  • PAT Margin: 17.62%, expanded 597 basis points YoY from 11.65%
  • Diluted EPS: ₹13.80 per share, increased 82.3% YoY from ₹7.57

H1 FY27 Performance

  • Total Income: ₹17,725 Mn, increased 20.0% YoY from ₹14,768 Mn
  • Normalized EBITDA (excluding exceptional items): ₹3,525 Mn, increased 24.9% YoY from ₹2,823 Mn
  • Normalized EBITDA Margin: 19.89%, expanded 77 basis points YoY from 19.12%
  • Profit Before Exceptional Item and Tax: ₹3,253 Mn, increased 29.4% YoY from ₹2,514 Mn
  • Exceptional Items: Gain of ₹500 Mn from Slump Sale to ACE KATO Pvt. Ltd.
  • Profit Before Tax: ₹3,753 Mn, increased 49.3% YoY from ₹2,514 Mn
  • Tax: ₹916 Mn, increased 44.0% YoY from ₹636 Mn
  • Profit After Tax: ₹2,837 Mn, increased 51.1% YoY from ₹1,878 Mn
  • PAT Margin: 16.01%, expanded 329 basis points YoY from 12.72%
  • Diluted EPS: ₹23.84 per share, increased 51.1% YoY from ₹15.78

Historical Financial Performance

| Period | Total Income (₹ Mn) | Normalized EBITDA (₹ Mn) | Normalized EBITDA Margin | PAT (₹ Mn) | PAT Margin | Diluted EPS (₹) |

| FY24 | 29,909 | 4,803 | 16.06% | 3,282 | 10.97% | 27.56 |

| FY25 | 34,274 | 6,061 | 17.68% | 4,092 | 11.94% | 34.37 |

| FY26 | 33,905 | 6,140 | 18.11% | 4,151 | 12.24% | 34.87 |

| H1-FY27| 17,725 | 3,525 | 19.89% | 2,837 | 16.01% | 23.84 |

Balance Sheet Highlights (Consolidated)

| Item (₹ Mn) | FY-25 | FY-26 | H1-FY27 |

| Share Capital | 238 | 238 | 238 |

| Other Equity | 15,909 | 19,872 | 22,489 |

| Total Shareholder Funds | 16,164 | 20,111 | 22,728 |

| Total Borrowings | 148 | 1 | 1,439 |

| Trade Payables | 8,086 | 9,165 | 8,265 |

| Property Plant & Equipment | 6,967 | 7,326 | 7,295 |

| Inventories | 5,151 | 6,054 | 8,322 |

| Trade Receivables | 2,647 | 2,843 | 2,466 |

| Cash and Cash Equivalents | 488 | 643 | 539 |

| Total Assets | 27,109 | 32,517 | 37,593 |

Operational Highlights

Business Overview

  • World's largest Pick & Carry Crane Manufacturer with over 63% market share in Mobile cranes segment
  • Approximately 60% market share in Tower Cranes segment domestically
  • End-user sector exposure: Manufacturing & Logistics (~45%), Construction & Infrastructure (~35%), Agriculture (~7%), Real Estate (~13%)
  • Sales and service network with over 125+ locations supported by 13 regional offices in India
  • Exports to over 37 countries across Middle East, Africa, Asia and Latin America

New Product Launches

  • Next-Gen Cranes with AI integrated Safety systems (SCOS, ALSS and RAS)
  • Next-Gen Cranes with Clutch less transmission (India's First)
  • Truck Mounted Arial Platforms
  • FT 7052 10 Tons & FT 7560 16 Tons Flat Top Tower Cranes
  • Construction Elevators
  • ADD 95 Tandem Roller

Joint Venture Announcement

  • 50:50 JV between Action Construction Equipment Limited and KATO WORKS CO., LTD.
  • Dedicated heavy cranes platform with transfer of Truck Cranes, Crawler Cranes and Rough Terrain Cranes business into ACE KATO JV
  • Focus on technology upgradation, localization, export expansion and participation in India's infrastructure and industrial capex cycle

Defence Order

  • Received order from Ministry of Defence for 74 Backhoe Loaders
  • Supports "Make in India" and "AatmaNirbhar Bharat" initiatives

Capital Market Data (As on 30th September, 2026)

  • Face Value: ₹2
  • Market Price: ₹1,231.45
  • 52 Week High/Low: ₹1267.05/₹746.1
  • Market Capitalization: ₹1,46,645.00 Mn
  • Equity Shares Outstanding: 119.08 Mn
  • 1 Year Average Daily Trading Volume: 367,570 shares

Margin Drivers

  • Calibrated pricing action to offset commodity price inflation
  • Favourable Product Mix
  • Deepening Cost Efficiencies

Growth Outlook

  • Structural growth drivers for Indian Construction Equipment industry remain intact
  • Continued Government emphasis on infrastructure creation
  • Higher investments in roads, railways, urban infrastructure, manufacturing and logistics
  • Sustained public capital expenditure providing strong foundation for long-term industry growth