ACE Reports Record Q3 FY25 Revenue of Rs 873.1 Crore, Driven by Strong Demand

Key Highlights:

• Revenue grew 16.6% to Rs 873.1 crore.
• EBITDA rose 27.4% to Rs 160.38 crore.
• PAT increased 21.05% to Rs 107.15 crore.
• Cranes, Material Handling segment revenue up 15.19%.
• Nine-month operational revenue reached Rs 2,361.07 crore.

Action Construction Equipment Ltd (ACE), a leading company in construction and material handling equipment, achieved its highest-ever quarterly revenue of Rs 873.1 crore in Q3 FY25. The company’s growth was fueled by strong demand and better cost management.

ACE’s total income increased by 16.6% year-on-year, with its EBITDA margins improving by 204 basis points to 18.24%. The company’s standalone revenue grew 15.93% compared to the same quarter last year, reaching Rs 753.15 crore.

Key Financial Highlights:

• EBITDA increased by 27.4% to Rs 160.38 crore from Rs 125.89 crore in Q3 FY24.
• Profit before tax (PBT) rose by 26.49% to Rs 144.93 crore.
• Profit after tax (PAT) climbed by 21.05% to Rs 107.15 crore.

Segment Performance:

• The Cranes, Material Handling & Construction Equipment segment earned Rs 795.73 crore, a 15.19% rise from Rs 690.79 crore in Q3 FY24. This segment saw a 17.92% increase in sales volume, with 3,539 units sold during the quarter. Its margins expanded by 375 basis points to Rs 154.38 crore.
• The Agri Equipment Division reported revenue of Rs 77.37 crore, with a margin of 4.73%. The company expects continued growth, supported by good water reservoir levels and the government’s focus on agricultural productivity.

For the first nine months of FY25, ACE’s operational revenue reached Rs 2,361.07 crore, growing by 13.75% compared to the same period last year. EBITDA rose 30% year-on-year to Rs 428.07 crore, while PAT increased by 24.29% to Rs 285.23 crore.

Management Outlook

Executive Director Sorab Agarwal credited the company’s success to its customer focus, strong execution, and operational agility. He emphasized that the government’s continued infrastructure push, with capital expenditure expected to remain above 3% of GDP for the third year, will support future growth.

The company’s improved margins resulted from a better product mix, efficient cost controls, and favorable commodity prices. ACE is well-positioned to benefit from the government’s increased infrastructure spending, which is expected to make up 22.1% of the total budget in FY26, compared to 15.6% in FY22.

Future Prospects

ACE is optimistic about its long-term growth, driven by infrastructure, manufacturing, power, logistics, and housing sector development. The company’s diverse product portfolio includes mobile cranes, tower cranes, construction equipment, and agricultural machinery. ACE is expected to continue capitalizing on India’s growing infrastructure and mechanization efforts.

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CMV360 Says

ACE’s record Q3 performance reflects strong demand, cost efficiency, and favorable market conditions. With robust revenue, rising profits, and expanding margins, the company is assured for continued growth. Supported by the government’s infrastructure focus and ACE’s operational strength, the company is well-positioned to sustain its momentum and capitalize on future opportunities.