Action Construction Equipment reports strong profit growth despite revenue dip

ACE's board of directors met on November 6, 2025, approving the unaudited financial results for Q2 and H1 FY26. Consolidated total income for H1 FY26 reached INR 14,768 Mn, a 4.9% decrease year-over-year from INR 15,527 Mn in H1 FY25, attributed to CEV-5 emission norms adoption and prolonged monsoons. However, EBITDA for H1 FY26 increased by 5.0% to INR 2,823 Mn (19.12% margin) from INR 2,689 Mn (17.32% margin) in H1 FY25, while profit after tax (PAT) grew 4.9% to INR 1,878 Mn (12.72% margin) from INR 1,790 Mn (11.53% margin).

The company highlighted strategic advantages, including a proposed anti-dumping duty on Chinese crane imports, fostering domestic investment and localization in the heavy crane segment. ACE also announced its single largest order from the Ministry of Defence for 1,121 Rough Terrain Forklifts valued at Rs. 420 Crores, partially to be executed in the current fiscal year. The order reinforces ACE's commitment to "Make in India" and "AatmaNirbhar Bharat" initiatives.

Sectoral growth drivers, such as government investments in infrastructure, railways, and manufacturing, are expected to further support ACE's growth prospects. The company maintains a strong market position as the world's largest Pick & Carry crane manufacturer with over 63% market share and a wide sales and service network across India and 37 countries.