Action Construction Equipment Limited
Action Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India and internationally. The company operates through Crane, Material Handling and Construction equipment, and Agri Equipment segments. It also offers mobile cranes, truck mounted cranes, crawler cranes, rough terrain hydraulic mobile cranes, material handling equipment like fo… Read more
Action Construction Equipment Limited (ACE) - Net Assets
Latest net assets as of September 2025: ₹17.83 Billion INR
Based on the latest financial reports, Action Construction Equipment Limited (ACE) has net assets worth ₹17.83 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹29.90 Billion) and total liabilities (₹12.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹17.83 Billion |
| % of Total Assets | 59.61% |
| Annual Growth Rate | 21.58% |
| 5-Year Change | 208.75% |
| 10-Year Change | 416.32% |
| Growth Volatility | 37.24 |
Action Construction Equipment Limited - Net Assets Trend (2006–2025)
This chart illustrates how Action Construction Equipment Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Action Construction Equipment Limited (2006–2025)
The table below shows the annual net assets of Action Construction Equipment Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹16.16 Billion | +31.26% |
| 2024-03-31 | ₹12.32 Billion | +33.83% |
| 2023-03-31 | ₹9.20 Billion | +21.98% |
| 2022-03-31 | ₹7.54 Billion | +44.09% |
| 2021-03-31 | ₹5.24 Billion | +18.20% |
| 2020-03-31 | ₹4.43 Billion | +1.17% |
| 2019-03-31 | ₹4.38 Billion | +14.48% |
| 2018-03-31 | ₹3.82 Billion | +17.93% |
| 2017-03-31 | ₹3.24 Billion | +3.59% |
| 2016-03-31 | ₹3.13 Billion | +7.24% |
| 2015-03-31 | ₹2.92 Billion | +1.52% |
| 2014-03-31 | ₹2.88 Billion | +0.60% |
| 2013-03-31 | ₹2.86 Billion | +1.63% |
| 2012-03-31 | ₹2.81 Billion | +10.12% |
| 2011-03-31 | ₹2.55 Billion | +60.51% |
| 2010-03-31 | ₹1.59 Billion | +11.16% |
| 2009-03-31 | ₹1.43 Billion | +9.89% |
| 2008-03-31 | ₹1.30 Billion | +22.72% |
| 2007-03-31 | ₹1.06 Billion | +168.93% |
| 2006-03-31 | ₹394.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Action Construction Equipment Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4573.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹12.87 Billion | 79.71% |
| Common Stock | ₹238.20 Million | 1.48% |
| Other Comprehensive Income | ₹1.29 Billion | 8.00% |
| Other Components | ₹1.75 Billion | 10.81% |
| Total Equity | ₹16.15 Billion | 100.00% |
Action Construction Equipment Limited Competitors by Market Cap
The table below lists competitors of Action Construction Equipment Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fjordkraft Holding ASA
F:1ZK
|
$354.86 Million |
|
Beijing Water Business Doctor
SHE:300055
|
$355.06 Million |
|
Great Eagle Holdings Limited
PINK:GEAHF
|
$355.22 Million |
|
Shanghai Material Trading Co Ltd A
SHG:600822
|
$355.28 Million |
|
Axis Bank Ltd GDR
IL:AXB
|
$354.81 Million |
|
4D Molecular Therapeutics Inc
NASDAQ:FDMT
|
$354.75 Million |
|
Sk Gas
KO:018670
|
$354.68 Million |
|
Hootech Inc.
SHE:301026
|
$354.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Action Construction Equipment Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,298,410,000 to 16,147,300,000, a change of 3,848,890,000 (31.3%).
- Net income of 4,092,200,000 contributed positively to equity growth.
- Dividend payments of 238,000,000 reduced retained earnings.
- Share repurchases of 44,600,000 reduced equity.
- New share issuances of 10,800,000 increased equity.
- Other comprehensive income increased equity by 11,769,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹4.09 Billion | +25.34% |
| Dividends Paid | ₹238.00 Million | -1.47% |
| Share Repurchases | ₹44.60 Million | -0.28% |
| Share Issuances | ₹10.80 Million | +0.07% |
| Other Comprehensive Income | ₹11.77 Million | +0.07% |
| Other Changes | ₹16.72 Million | +0.1% |
| Total Change | ₹- | 31.30% |
Book Value vs Market Value Analysis
This analysis compares Action Construction Equipment Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 186.93x to 6.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹4.39 | ₹820.90 | x |
| 2007-03-31 | ₹11.74 | ₹820.90 | x |
| 2008-03-31 | ₹14.45 | ₹820.90 | x |
| 2009-03-31 | ₹15.89 | ₹820.90 | x |
| 2010-03-31 | ₹17.67 | ₹820.90 | x |
| 2011-03-31 | ₹27.47 | ₹820.90 | x |
| 2012-03-31 | ₹29.30 | ₹820.90 | x |
| 2013-03-31 | ₹28.86 | ₹820.90 | x |
| 2014-03-31 | ₹29.03 | ₹820.90 | x |
| 2015-03-31 | ₹29.47 | ₹820.90 | x |
| 2016-03-31 | ₹26.66 | ₹820.90 | x |
| 2017-03-31 | ₹27.62 | ₹820.90 | x |
| 2018-03-31 | ₹32.57 | ₹820.90 | x |
| 2019-03-31 | ₹37.29 | ₹820.90 | x |
| 2020-03-31 | ₹38.51 | ₹820.90 | x |
| 2021-03-31 | ₹46.11 | ₹820.90 | x |
| 2022-03-31 | ₹64.78 | ₹820.90 | x |
| 2023-03-31 | ₹77.14 | ₹820.90 | x |
| 2024-03-31 | ₹103.28 | ₹820.90 | x |
| 2025-03-31 | ₹135.62 | ₹820.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Action Construction Equipment Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.68x
- Recent ROE (25.34%) is above the historical average (13.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 32.97% | 7.85% | 2.39x | 1.76x | ₹90.66 Million |
| 2007 | 11.33% | 4.71% | 1.37x | 1.75x | ₹14.02 Million |
| 2008 | 26.17% | 8.36% | 1.68x | 1.86x | ₹210.05 Million |
| 2009 | 13.07% | 4.36% | 1.55x | 1.94x | ₹43.87 Million |
| 2010 | 14.02% | 5.21% | 1.50x | 1.80x | ₹63.79 Million |
| 2011 | 15.65% | 5.80% | 1.41x | 1.91x | ₹144.15 Million |
| 2012 | 10.08% | 3.31% | 1.48x | 2.06x | ₹2.32 Million |
| 2013 | 2.59% | 1.11% | 1.10x | 2.13x | ₹-211.51 Million |
| 2014 | 1.60% | 0.74% | 1.02x | 2.11x | ₹-241.36 Million |
| 2015 | 2.28% | 1.11% | 0.98x | 2.09x | ₹-225.07 Million |
| 2016 | 3.18% | 1.56% | 1.03x | 1.98x | ₹-213.25 Million |
| 2017 | 4.73% | 2.05% | 1.15x | 2.01x | ₹-170.71 Million |
| 2018 | 13.63% | 4.80% | 1.33x | 2.14x | ₹138.68 Million |
| 2019 | 12.81% | 4.18% | 1.51x | 2.03x | ₹122.86 Million |
| 2020 | 11.86% | 4.55% | 1.21x | 2.15x | ₹82.25 Million |
| 2021 | 15.26% | 6.52% | 1.16x | 2.02x | ₹275.04 Million |
| 2022 | 13.93% | 6.44% | 1.27x | 1.70x | ₹296.08 Million |
| 2023 | 18.68% | 7.95% | 1.35x | 1.74x | ₹797.44 Million |
| 2024 | 26.68% | 11.28% | 1.34x | 1.76x | ₹2.05 Billion |
| 2025 | 25.34% | 12.30% | 1.23x | 1.68x | ₹2.48 Billion |
Industry Comparison
This section compares Action Construction Equipment Limited's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $15,873,129,147
- Average return on equity (ROE) among peers: 0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Action Construction Equipment Limited (ACE) | ₹17.83 Billion | 32.97% | 0.68x | $354.83 Million |
| AJAXENGG (AJAXENGG) | $7.14 Billion | 19.04% | 0.35x | $188.12 Million |
| Ashok Leyland Limited (ASHOKLEY) | $158.45 Billion | 19.61% | 4.16x | $6.67 Billion |
| BAJAJINDEF (BAJAJINDEF) | $-432.00K | 0.00% | 0.00x | $28.89 Million |
| Debock Industries Limited (DIL) | $4.44 Million | 5.54% | 23.39x | $1.74 Million |
| Eimco Elecon (India) Limited (EIMCOELECO) | $898.34 Million | 9.17% | 0.80x | $49.44 Million |
| Escorts Kubota Limited (ESCORTS) | $5.61 Billion | -58.19% | 2.89x | $1.09 Billion |
| HMT Limited (HMT) | $-32.84 Billion | 0.00% | 0.00x | $54.97 Million |
| INDOFARM (INDOFARM) | $3.17 Billion | 4.86% | 1.04x | $19.46 Million |
| Mahindra EPC Irrigation Limited (MAHEPC) | $430.08 Million | 2.21% | 1.09x | $15.84 Million |