April 22, 2018 10:55 AM ET

Machinery

Company Overview of Action Construction Equipment Limited

Company Overview

Action Construction Equipment Limited manufactures and supplies material handling and construction equipment in India. The company operates through Cranes, Material Handling/Construction Equipment, and Agri Equipment segments. It offers mobile cranes, such as pick and move, lorry loader, and truck mounted cranes; tower cranes, including fixed tower and self-erecting cranes; crawler cranes; backhoes and loaders; road equipment, which include vibratory rollers and motor graders; forklift trucks and tele handlers; and agriculture equipment, such as tractors, harvester combines, rice planters, rotavators, and balers. Action Construction Equipment Limited serves various sectors comprising infrast...

Dudhola Link Road

Dudhola

Palwal,  121102

India

Founded in 1995

Phone:

91 12 7528 0111

Fax:

91 12 7528 0133

Key Executives for Action Construction Equipment Limited

Chairman & MD
Age: 68
Total Annual Compensation: 25.1M
Chief Financial Officer
Age: 56
Total Annual Compensation: 5.2M
Whole-Time Director
Age: 62
Total Annual Compensation: 12.6M
Executive Director
Age: 40
Total Annual Compensation: 3.4M
Executive Director
Age: 39
Total Annual Compensation: 1.7M
Compensation as of Fiscal Year 2017.

Action Construction Equipment Limited Key Developments

Action Construction Equipment Limited, Q3 2018 Earnings Call, Jan 29, 2018

Action Construction Equipment Limited, Q3 2018 Earnings Call, Jan 29, 2018

Action Construction Equipment Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017; Announces Earnings Guidance for 2018

Action Construction Equipment Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 2,790.746 million against INR 1,979.898 million for the same period last year. Profit from operations before exceptional items and tax was INR 224.054 million against INR 61.457 million for the same period last year. Profit before tax was INR 224.054 million against INR 61.457 million for the same period last year. Net profit for the period from operations was INR 164.125 million or INR 1.40 per basic and diluted share (not annualized) against INR 48.76 million or INR 0.42 per basic and diluted share (not annualized) for the same period last year. For the nine months, the company reported revenue from operations of INR 7,311.863 million against INR 5,522.783 million for the same period last year. Profit from operations before exceptional items and tax was INR 401.551 million against INR 158.431 million for the same period last year. Profit before tax was INR 401.551 million against INR 158.431 million for the same period last year. Net profit for the period from operations was INR 311.782 million or INR 2.66 per basic and diluted share (not annualized) against INR 123.617 million or INR 1.05 per basic and diluted share (not annualized) for the same period last year. For the year 2018, the company expects exceeding the already upwardly revised 25 % growth target set and is now looking at least 35% to 40 % growth in fiscal year 2018 itself.

Action Construction Equipment Limited to Report Q3, 2018 Results on Jan 25, 2018

Action Construction Equipment Limited announced that they will report Q3, 2018 results on Jan 25, 2018

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States
NYC2012, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Action Construction Equipment Limited, please visit www.ace-cranes.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.