Action Construction Equipment Limited (ACE) has released its earnings presentation for the third quarter and nine months of the fiscal year 2026 (Q3/9M-FY26). The presentation highlights the company's established brand with over 30 years of industry presence and its position as India's most diversified CE manufacturer. ACE is the world's largest Pick & Carry Crane manufacturer with a global presence in over 37 countries and an extensive service network across 125+ locations in India. The company's product portfolio spans across Cranes, Material Handling & Construction Equipment, and Agri Equipment. For Q3 FY26, ACE reported Total Income of ₹8,904 million, a slight decrease of 1.6% YoY, with EBITDA at ₹1,655 million (up 0.2% YoY) and PAT at ₹1,164 million (up 4.2% YoY). The EBITDA margin stood at 18.59%, and PAT margin was 13.07%. Diluted EPS for the quarter was ₹9.78. For the nine months ended FY26 (9M-FY26), Total Income was ₹23,671 million (down 3.7% YoY). EBITDA for the period was ₹4,477 million (up 3.2% YoY), and PAT was ₹3,042 million (up 4.6% YoY). The EBITDA margin for 9M-FY26 was 18.91%, and the PAT margin was 12.85%. Diluted EPS for the nine months was ₹25.56. The management message emphasizes innovation and customer-centricity, with new product launches featuring AI-assisted tools and clutchless transmission. The company is poised to benefit from government initiatives focused on infrastructure development, manufacturing, and housing, as detailed in the Union Budget 2026-27, which includes schemes like the Enhancement of Construction and Infrastructure Equipment (CIE).
