Archive · 2 Jun 2025
ACE Expects Growth, Defence, Exports and Margin at 17-18%
ACE, a company that makes construction equipment, is doing well.
They expect to keep making a good profit and are working on big projects for the Indian military.
They had a bit of a slowdown because of the recent issues between India and Pakistan, but things are getting better.
They are also planning to sell more products outside of India.
The company's main business is making cranes and other machines for construction, as well as some agricultural equipment.
The company wants to increase exports and has a big order from the defense sector that will help them grow.
ACE expects to maintain a margin of 17-18%.
The company reported a consolidated revenue of ₹961 crore in Q4FY25.
ACE's agri business accounts for about 7% of overall revenue.
A robust Indian defence order is in place.
The company is targeting export contribution of over 10%.
- Who
- Action Construction Equipment (ACE)
- What
- ACE, a construction equipment company, expects growth driven by exports and defense orders.
- When
- Execution of the defense order is expected to begin in the third quarter, with a three-year delivery timeline.
- Where
- Faridabad
- Why
- The company anticipates growth due to defense orders and expansion in exports.
- Expected Margin
- 17-18%
- Q4FY25 Consolidated Revenue
- ₹961 crore
- Q4FY25 Profit After Tax
- ₹118 crore
- Agri Business Revenue Share
- 7%
- Total Defence Order Book
- ₹485 crore
- Current Market Capitalisation
- ₹15,498 crore
- Current Stock Price
- ₹1,301.40