By BullScreen Editorial Team 
Action Construction Equipment Limited reported its Q4 results 2026 with record quarterly revenue growth, supported by strong infrastructure demand and new technology-driven product launches, even as profit margins softened during the quarter.
The company posted total income of INR 10,234 million in Q4 results 2026, marking a 5.6% year-on-year rise and nearly 15% sequential growth from the previous quarter. The latest performance represents ACE’s highest-ever quarterly revenue, driven by improved demand across cranes, material handling equipment, and construction machinery.
However, EBITDA declined 3.4% year-on-year to INR 1,663 million, while EBITDA margin narrowed to 16.25% from 17.75% a year earlier. Net profit for Q4 results 2026 fell 6.5% to INR 1,109 million, with diluted earnings per share easing to INR 9.31.
For the full FY26 period, ACE delivered relatively stable financial performance despite a challenging market environment. Annual revenue stood at INR 33,905 million, while EBITDA increased 1.3% to INR 6,140 million. Net profit rose 1.4% to INR 4,151 million, supported by improved product mix, favorable commodity pricing, and disciplined cost management.
The company also strengthened its balance sheet during FY26. Shareholders’ equity increased sharply to INR 20,111 million, while debt levels reduced to nearly zero, reinforcing ACE’s net cash position.
Operationally, ACE maintained its dominant market position with over 63% domestic market share in mobile cranes and around 60% share in tower cranes. The company’s new joint venture with Japan-based KATO WORKS CO., LTD. and rollout of AI-enabled safety systems are expected to support future growth in the heavy equipment sector.
The broader construction equipment industry could also benefit from India’s INR 12.2 trillion infrastructure-focused capital expenditure plan for FY27, creating long-term demand visibility for manufacturers like ACE.
| Metric | Q4 FY26 | YoY Change | QoQ Change |
|---|---|---|---|
| Total Income | INR 10,234 Mn | ▲ 5.6% | ▲ 14.9% |
| EBITDA | INR 1,663 Mn | ▼ 3.4% | ▲ 0.5% |
| EBITDA Margin | 16.25% | ▼ 150 bps | ▼ 234 bps |
| Net Profit (PAT) | INR 1,109 Mn | ▼ 6.5% | ▼ 4.7% |
| PAT Margin | 10.84% | ▼ 139 bps | ▼ 223 bps |
| Diluted EPS | INR 9.31 | ▼ from INR 9.96 | — |
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Total Income | INR 33,905 Mn | INR 34,274 Mn | ▼ 1.1% |
| EBITDA | INR 6,140 Mn | INR 6,061 Mn | ▲ 1.3% |
| EBITDA Margin | 18.11% | 17.68% | ▲ 43 bps |
| Net Profit (PAT) | INR 4,151 Mn | INR 4,092 Mn | ▲ 1.4% |
| PAT Margin | 12.24% | 11.94% | ▲ 30 bps |
| Diluted EPS | INR 34.87 | INR 34.37 | ▲ 1.5% |
| Segment | Key Data |
|---|---|
| Mobile Crane Market Share | 63%+ domestic market share |
| Tower Crane Market Share | Around 60% |
| FY26 Market Cap | INR 89,187 Mn |
| 52-Week High / Low | INR 1,390 / INR 746 |
| Debt Position | Near debt-free with strong cash surplus |
| Strategic Expansion | 50:50 JV with KATO WORKS CO., LTD. |
| AI Product Pipeline | AI-enabled crane safety systems launched |
| FY27 Industry Trigger | India’s INR 12.2 trillion infrastructure capex push |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/58b2a061-64d4-49a1-b340-e5f3f60340d2.pdf