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18 Dec 2025 |
ACE
|
Consensus Share Price Target
|
925.20 |
1359.00 |
- |
46.89 |
buy
|
|
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10 Nov 2025
|
ACE
|
ICICI Direct
|
925.20
|
1274.00
|
1001.40
(-7.61%)
|
37.70 |
Buy
|
|
|
Q2FY26 performance: Revenue declined by 1.6% YoY (+14% QoQ) to 744 crore as the revenue of cranes, construction equipment & material handling segment (94% of total revenue) was flat YoY (+15% QoQ). Agri equipments revenue (~6% of total) stood at 49 crore (-20% YoY, +6% QoQ). EBIDTA margin improved to 14.6% (+30 bps YoY, +41 bps QoQ). EBITDA was flat (+0.4% YoY) at 109 crore. However, PAT declined 5% YoY (8% QoQ) to 90 crore as other income declined by 14% to 29 crore. PAT Margins declined 35 bps YoY to 11.6%. Company saw 18% decline in volumes in cranes, construction equipment segment to 2348 units vs 2863 units last...
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26 Aug 2025
|
ACE
|
ICICI Direct
|
925.20
|
1435.00
|
1042.80
(-11.28%)
|
55.10 |
Buy
|
|
|
Q1FY26 performance: ACE's performance in Q1FY26 a mixed set, Revenue declined by 11% YoY (-32% QoQ) to 652 crore as the revenue of cranes, construction equipment & material handling segment (93% of total revenue) fell by 12.4% YoY (34% QoQ). Agri equipment revenue (7% of total) stood at 46.5 crore (+8.3% YoY, 4% QoQ). EBIDTA margin improved to 14.2% (+80 bps YoY, -280 bps QoQ), mainly led by better product mix. Subsequently, EBIDTA declined by 6% YoY (-43% QoQ) to 92 crore. However, other income grew by 85% to 51 crore resulting in PAT growth...
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07 Mar 2025
|
ACE
|
Edelweiss
|
925.20
|
|
1136.30
(-18.58%)
|
|
Not Rated
|
|
|
Market leader in cranes, but eco slowdown weighs
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21 Oct 2024
|
ACE
|
ICICI Direct
|
925.20
|
1700.00
|
1386.05
(-33.25%)
|
|
Buy
|
|
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16 Aug 2024
|
ACE
|
FundsIndia
|
925.20
|
1518.00
|
1264.05
(-26.81%)
|
Target met |
Buy
|
|
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05 Aug 2024
|
ACE
|
ICICI Direct
|
925.20
|
1575.00
|
1278.50
(-27.63%)
|
Target met |
Buy
|
|
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09 Feb 2024
|
ACE
|
ICICI Direct
|
925.20
|
1440.00
|
1103.80
(-16.18%)
|
Target met |
Buy
|
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23 Oct 2023
|
ACE
|
ICICI Direct
|
925.20
|
910.00
|
714.15
(29.55%)
|
Target met |
Buy
|
|
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01 Jun 2023
|
ACE
|
ICICI Direct
|
925.20
|
555.00
|
474.80
(94.86%)
|
Target met |
Buy
|
|
|
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|
08 Feb 2023
|
ACE
|
ICICI Direct
|
925.20
|
435.00
|
362.40
(155.30%)
|
Target met |
Buy
|
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|
07 Sep 2022
|
ACE
|
ICICI Direct
|
925.20
|
365.00
|
308.75
(199.66%)
|
Target met |
Buy
|
|
|
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15 Aug 2022
|
ACE
|
ICICI Direct
|
925.20
|
285.00
|
228.25
(305.35%)
|
Target met |
Buy
|
|
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01 Jul 2022
|
ACE
|
Hem Securities
|
925.20
|
250.00
|
208.50
(343.74%)
|
Target met |
Buy
|
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30 May 2022
|
ACE
|
Emkay
|
925.20
|
240.00
|
216.40
(327.54%)
|
Target met |
Buy
|
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25 May 2022
|
ACE
|
ICICI Direct
|
925.20
|
230.00
|
187.45
(393.57%)
|
Target met |
Buy
|
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07 Feb 2022
|
ACE
|
ICICI Securities Limited
|
925.20
|
290.00
|
221.10
(318.45%)
|
Target met |
Buy
|
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10 Nov 2021
|
ACE
|
ICICI Securities Limited
|
925.20
|
320.00
|
256.35
(260.91%)
|
Target met |
Buy
|
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03 Aug 2021
|
ACE
|
ICICI Securities Limited
|
925.20
|
300.00
|
253.00
(265.69%)
|
|
Buy
|
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31 May 2021
|
ACE
|
ICICI Securities Limited
|
925.20
|
205.00
|
166.25
(456.51%)
|
Target met |
Buy
|
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Action Construction Equipment (ACE) reported robust Q4FY21 numbers led by strong performance from all segments. Margins improved on a YoY basis but were down sequentially on account of higher input cost. Revenue for the quarter came in at | 457.4 crore, up 49.7% YoY, 14% QoQ. Gross margins contracted ~239 bps YoY, ~156 bps QoQ on account of the recent run up in steel prices. Employee cost was down 18% YoY while other expenses increased 30% YoY. Consequently, EBIDTA increased 82.4% YoY to | 50 crore with an expansion of ~196 bps YoY & contraction of 36 bps...
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30 Jan 2021
|
ACE
|
ICICI Securities Limited
|
925.20
|
160.00
|
128.45
(620.28%)
|
Target met |
Buy
|
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No major capex, strong FCF generation to aid in deleveraging Maintenance capex of | 20 crore and at best another | 30 crore capex in a modern paint shop coupled with FY22E CFO generation of | 128 crore should aid ACE to become a debt free company by FY22. This would be...
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