Action Construction Equipment Limited
Quick Take
- • Trading at 33.4× trailing earnings (26.1× forward)
- • Strong ROE at 21.7%
- • Low leverage (D/E 0.00)
- • Modest dividend yield of 0.16%
- • Operating margin 13.8% · Net margin 12.8%
- • Profit growth +22.30% YoY · Beta 0.39
About the company
From latest AR & concallAction Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India and internationally. The company operates through two segments: Crane, Material Handling and Construction equipment, and Agri Equipment. It also offers mobile cranes, truck mounted cranes, crawler cranes, rough terrain hydraulic mobile cranes, material handling equipment like forklift trucks, mobile tower cranes, telehandlers, scissor lift, aerial work platform, tower cranes, piling rigs, concrete placing booms, backhoe loaders, compactors, road equipment, vibratory rollers, wheeled loaders, warehousing equipment, pick and carry cranes, and motor graders; and agriculture equipment, such as tractors, track harvesters, balers, rotavators, etc., as well as other construction equipment. It serves various 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 sectors. Action Construction Equipment Limited was incorporated in 1995 and is headquartered in Palwal, India.
