Company Action Construction Equipment Limited

Equities

ACE

INE731H01025

Heavy Machinery & Vehicles

Delayed NSE India S.E. 12:20:48 2024-04-29 am EDT 5-day change 1st Jan Change
1,511 INR -1.09% Intraday chart for Action Construction Equipment Limited -0.11% +81.92%

Business Summary

Action Construction Equipment Limited is engaged in manufacturing of construction equipment. The Company is engaged in the business of manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, crawler cranes, truck mounted cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, motor graders and agriculture equipment like tractors, harvesters and rotavators. The Company operates through four segments: cranes segment, construction equipment segment, material handling segment and agri equipment segment. The Company has manufacturing facilities at Haryana. The Company’s equipment is used in sectors, such as infrastructure construction, power projects, ports and shipyards, dams, metro rail, roads, mining, steel industry, engineering industry, railways, cement, petroleum, defense, chemicals and fertilizer plants, warehousing, logistics, and building construction.

Number of employees: 1,209

Sales per Business

INR in Million2022Weight2023Weight Delta
Cranes
70.8 %
11,032 67.7 % 15,295 70.8 % +38.64%
Construction Equipment
11.6 %
1,762 10.8 % 2,495 11.6 % +41.55%
Agricultural Equipment
9.8 %
1,980 12.2 % 2,115 9.8 % +6.82%
Material Handling
7.8 %
1,521 9.3 % 1,691 7.8 % +11.24%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
16,296 100.0 % 21,597 100.0 % +32.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 75 95-01-12
Director of Finance/CFO 62 11-07-29
Compliance Officer 46 17-07-02
Corporate Officer/Principal 34 -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 75 95-01-12
Director/Board Member 67 95-01-12
Director/Board Member 47 10-09-30
Director/Board Member 46 11-11-11
Director/Board Member 84 19-09-30
Director/Board Member 63 20-03-31
Director/Board Member 68 20-09-23
Director/Board Member 70 20-11-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 119,046,876 37,901,463 ( 31.84 %) 37,471 ( 0.0315 %) 31.84 %

Shareholders

NameEquities%Valuation
34,236,078 28.75 % 585 M ₹
30,657,579 25.74 % 524 M ₹
7,623,650 6.402 % 130 M ₹
6,930,156 5.820 % 118 M ₹
Massachusetts Institute of Technology Foundation
3.313 %
3,945,000 3.313 % 67 M ₹
JM Financial Asset Management Ltd.
2.822 %
3,359,953 2.822 % 57 M ₹
1,502,000 1.261 % 26 M ₹
Max Life Insurance Co. Ltd.
0.8579 %
1,021,638 0.8579 % 17 M ₹
JPMorgan Asset Management India Pvt Ltd.
0.8170 %
972,869 0.8170 % 17 M ₹
Rajesh Seth
0.6911 %
823,000 0.6911 % 14 M ₹

Company contact information

Action Construction Equipment Ltd.

Dudhola Link Road Dudhola

121102, Palwal

+91 12 7528 0111

http://www.ace-cranes.com
address Action Construction Equipment Limited(ACE)
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