Interim report
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Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Corporate Office: Phone: +91-1275-280111 (50 Lines), Fax: +91-1275-280133, E-mail: works2@ace-cranes.com Mktg. H.Q.: 4th Floor, Pinnacle, Surajkund, Faridabad, NCR-121009, Phone: +91-129-4550000 (100 Lines), Fax: +91-129-4550022, Email: marketing@ace- cranes.com Customer Care No.:1800 1800 004 (Toll Free), CIN: L74899HR1995PLC053860, Website: www.ace-cranes.com Date: November 06, 2025 To, The Manager Listing BSE Limited 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 532762 The Manager Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051 CM Quote: ACE Subject: Outcome of Board Meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to the Regulation 33 and Regulation 30 read with Para A of Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of D irectors in its meeting held on Thursday, November 06 , 202 5 has, inter-alia considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter/half year ended on September 30, 2025. Copy of the Un -audited financial results (Standalone and Consolidated) along with the limited review reports (Standalone and Consolidated) of the Auditors’ for the quarter /half year ended September 30, 2025. in the prescribed format are enclosed herewith. We further wish to inform that the Board Meeting held today commenced at 01.15 P.M and concluded at 03.40 p.m. This is for your information and record please. Thanking You. For Action Construction Equipment Limited Anil Kumar Company Secretary & Compliance Officer
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(Rs. in lakhs, except per share detail) Year ended Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income Revenue from operations 74,114 65,194 75,434 139,308 148,797 332,032 74,424 65,208 75,669 139,632 149,095 332,705 Other income 4,104 5,101 3,414 9,205 6,150 9,964 2,931 5,114 3,421 8,045 6,176 10,032 Total income 78,218 70,295 78,848 148,513 154,947 341,996 77,355 70,322 79,090 147,677 155,271 342,737 2 Expenses Cost of materials consumed 51,587 45,602 49,607 97,189 104,287 224,826 51,734 45,379 49,711 97,113 104,201 224,860 Changes in inventories of finished goods and work-in-progress (1,766) (2,364) 2,543 (4,130) (698) 2,465 (1,766) (2,270) 2,544 (4,036) (586) 2,483 Employee benefits expense 3,695 3,551 3,282 7,246 6,391 13,651 3,747 3,599 3,331 7,346 6,491 13,847 Finance costs 583 820 903 1,403 1,636 2,857 585 824 903 1,409 1,637 2,865 Depreciation and amortisation expense 843 771 690 1,614 1,365 2,765 875 801 699 1,676 1,384 2,831 Impairment losses on financial assets 670 123 10 793 27 1,000 670 123 10 793 27 1,002 Other expenses 8,857 9,128 9,187 17,985 18,171 40,121 9,141 9,094 9,217 18,235 18,243 39,937 Total expenses 64,469 57,631 66,222 122,100 131,179 287,685 64,986 57,550 66,415 122,536 131,397 287,825 3 Profit before tax (1-2) 13,749 12,664 12,626 26,413 23,768 54,311 12,369 12,772 12,675 25,141 23,874 54,912 4 Tax expense Current tax 2,501 2,832 3,052 5,333 5,633 14,137 2,506 2,837 3,059 5,343 5,652 14,176 Deferred tax expense / (credit) 861 149 137 1,010 327 (190) 857 163 134 1,020 322 (188) Total tax expense 3,362 2,981 3,189 6,343 5,960 13,947 3,363 3,000 3,193 6,363 5,974 13,988 5 Profit after tax (3-4) 10,387 9,683 9,437 20,070 17,808 40,364 9,006 9,772 9,482 18,778 17,900 40,924 6 Other comprehensive income/ (loss) for the period (net of tax) Items that will not be reclassified to profit or loss (19) - - (19) - (36) (19) - - (19) - (36) Income tax relating to items that will not be re-classified to profit or loss 5 - - 5 - 9 5 - - 5 - 9 Items that will be re-classified to profit or loss - - - - - - - - 51 - 51 33 Income tax relating to items that will be re-classified to profit or loss - - - - - - - - (13) - (13) (8) Total of Other comprehensive income/ (loss) for the period (net of tax) (14) - - (14) - (27) (14) - 38 (14) 38 (2) 7 Total comprehensive income (5+6) 10,373 9,683 9,437 20,056 17,808 40,337 8,992 9,772 9,520 18,764 17,938 40,922 8 Profit attributable to: (a) Owners of the Company - - - - - - 9,005 9,772 9,480 18,777 17,898 40,922 (b) Non-controlling interests* - - - - - - 1 - 2 1 2 2 9 Other comprehensive income/ (loss) for the period attributable to: (a) Owners of the Company - - - - - - (14) - 34 (14) 34 (5) (b) Non-controlling interests - - - - - - - - 4 - 4 3 10 Total comprehensive income for the period attributable to: (a) Owners of the Company - - - - - - 8,991 9,772 9,514 18,763 17,932 40,917 (b) Non-controlling interests* - - - - - - 1 - 6 1 6 5 11 Paid up equity share capital (face value of Rs. 2 each, fully paid) 2,382 2,382 2,382 2,382 2,382 2,382 2,382 2,382 2,382 2,382 2,382 2,382 12 Other equity as shown in the audited balance sheet as at 157,349 159,091 13 Earnings per share (fully paid up equity share of Rs. 2 each) (refer note 3) a) Basic earnings per share 8.73 8.14 7.93 16.87 14.96 33.92 7.57 8.21 7.97 15.78 15.04 34.39 b) Diluted earnings per share 8.73 8.13 7.93 16.86 14.96 33.91 7.57 8.21 7.96 15.78 15.03 34.37 *Profit and total comprehensive income attributable to non- controlling interests of Rs. 33,000 has not been disclosed due to rounding off of Rs. into Lakhs for the quarter ended 30 June 2025. Place: Faridabad For Action Construction Equipment Limited Date: November 06, 2025 Vijay Agarwal Chairman & Managing Director Action Construction Equipment Limited CIN : L74899HR1995PLC053860 Registered office: Dudhola Link Road, Dudhola, District Palwal, Haryana - 121102, India Ph.: 01275-280111 (50 lines), Fax: 01275-280133. E-mail: cs@ace-cranes.com, Web: www.ace-cranes.com Statement of Unaudited Financial Results for the quarter and six months period ended 30 September 2025 Quarter ended Six months ended Consolidated S. No. Particulars Standalone Quarter ended Six months ended
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Notes to the Statement of Unaudited financial results for the quarter and six months period ended 30 September 2025 : 1 2 3 4 i) - - ii) - iii) - 5 6 The financial information of following entities have been consolidated with the financial results of the Company, hereinafter refer to as "the Group": Country Romania India India India India 7 8 9 Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue from operations 74,114 65,194 75,434 139,308 148,797 332,032 Profit before tax 13,749 12,664 12,626 26,413 23,768 54,311 Profit after tax 10,387 9,683 9,437 20,070 17,808 40,364 Total comprehensive income 10,373 9,683 9,437 20,056 17,808 40,337 Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue from operations 74,424 65,208 75,669 139,632 149,095 332,705 Profit before tax 12,369 12,772 12,675 25,141 23,874 54,912 Profit after tax 9,006 9,772 9,482 18,778 17,900 40,924 Total comprehensive income 8,992 9,772 9,520 18,764 17,938 40,922 Place: Faridabad For Action Construction Equipment Limited Date: November 06, 2025 Vijay Agarwal Chairman & Managing Director Consolidated Quarter ended Six months ended The above Unaudited standalone and consolidated financial results for the quarter and six months period ended 30 September 2025 were reviewed and recommendedby the Audit Committee and approved by the Board of Directors at their respective meetings held on 06 November 2025. The Statutory Auditors of Action Construction Equipment Limited ("the Company") have conducted "Limited Review" of these results in terms of Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure RequirementsRegulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended from time to time and have issued an unmodified review conclusion. Particulars Grant during the six months period ended 30 September 2025 : During the six months period ended 30 September 2025, the Company has granted 35,661 employee equity share options. Out of total options granted, No employee equity share options have been exercised, forfeited or vested during the six months period ended 30 September 2025. The Unaudited standalone and consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time. Quarter ended Standalone Six months ended Earnings per share is not annualised for the quarter ended 30 September 2025, 30 June 2025 and 30 September 2024 and six months period ended 30 September 2025 and 30 September 2024. Details of the Employee Stock Options under Action Construction Equipment Limited employee stock option scheme – 2021 for the quarter and six months period ended 30 September 2025 are as follows: The certificate of Chairman and Managing Director (CMD) and Chief Financial Officer (CFO) in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the above results has been placed before the Board of Directors of the Company. The Unaudited financial results of the Company/ Group for the quarter and six months period ended 30 September 2025 have been filed with BSE and NSE and are also available on Company's website "www.ace-cranes.com". The key financial information for the quarter and six months period ended 30 Septemebr 2025 are as under: Particulars Grant during the year ended 31 March 2024: The Company had granted 79,674 employee equity share options in Financial year 2023-24. Out of total options granted, 25,907 options vested and 3,277 forfeited during the year ended 31 March 2025. Amongst vested options, 25,907 options were exercised. 25,245 options vested during the six months period ended 30 September 2025. Amongst vested options, 17,410 options have been exercised during the six months period ended 30 September 2025. During the quarter and six-months period ended 30th September 2025, the Company's investment in SC Forma SA ("subsidiary") was deconsolidated and the Company received a net consideration of Rs. 1,434 lakhs. This resulted in gain on divestment of Rs. 1,286 lakhs in the Standalone Statement of Profit and Loss. Grant during the year ended 31 March 2025: The Company had granted 31,866 employee equity share options in Financial year 2024-25. Out of total options granted, 10,622 options vested during the six months period ended 30 September 2025 . Amongst vested options, no employee equity share options have been exercised or forfeited during the six months period ended 30 September 2025. ACE Emergency Response Service Trust Namo Metals (Partnership Firm) Action Construction Equipment Limited Employees Welfare Trust The Board of Directors at its Meeting held on 26 May 2025, has recommendeda final dividend @ 100% i.e. Rs. 2.00 per equity share (face value of Rs. 2.00 per equity share) for the financial year ended 31 March 2025, which has been approved by the shareholders in the Annual General Meeting held on 29 August 2025. Particulars : SC Forma SA (subsidiary till 02 September 2025) (refer note 7) Crane Kraft India Private Limited
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(Rs. in lakhs) As at 30 September 2025 As at 31 March 2025 As at 30 September 2025 As at 31 March 2025 Unaudited Audited Unaudited Audited ASSETS Non-current assets Property, plant and equipment 69,211 67,848 71,142 69,670 Capital work in progress 4,185 2,774 4,185 2,774 Investment property 1,480 1,495 1,480 1,495 Right-of-use assets 3,043 20 3,166 159 Intangible assets 233 262 233 262 Intangible assets under development 91 91 91 91 Financial assets Investments 62,170 55,182 61,394 54,259 Other financial assets 926 961 935 967 Deferred tax assets (net) - - 51 60 Other tax assets (net) 41 46 42 46 Other non-current assets 6,944 9,045 6,944 9,045 Total non-current assets (A) 148,324 137,724 149,663 138,828 Current assets Inventories 61,095 51,345 61,228 51,511 Financial assets Investments 45,791 37,557 45,791 37,557 Trade receivables 28,018 27,016 27,623 26,466 Cash and cash equivalents 2,338 3,358 2,386 4,884 Bank balances other than (iii) above 1,036 662 1,036 663 Loans 81 86 81 86 Other financial assets 699 1,172 699 1,173 Current tax Assets (Net) 761 - 761 - Other current assets 9,687 9,327 9,754 9,416 149,506 130,523 149,359 131,756 Assets held for sale - 501 - 501 Total current assets (B) 149,506 131,024 149,359 132,257 Total assets [A+B] 297,830 268,748 299,022 271,085 EQUITY AND LIABILITIES Equity Equity share capital 2,382 2,382 2,382 2,382 Other equity 175,151 157,349 175,870 159,091 Equity attributable to the equity holders of the Parent Company 177,533 159,731 178,252 161,473 Non-controlling interests - - 6 171 Total equity (A) 177,533 159,731 178,258 161,644 Liabilities Non-current liabilities Financial liabilities (i) Lease liabilities 605 9 710 127 Provisions 414 373 424 384 Deferred tax liabilities (net) 1,769 764 1,770 780 Total non-current liabilities (B) 2,788 1,146 2,904 1,291 Current liabilities Financial liabilities Borrowings 13,303 1,447 13,441 1,479 Lease liabilities 92 13 118 38 Trade payables a) Total outstanding dues of micro enterprises and small enterprises 13,559 21,563 13,560 21,574 b) Total outstanding dues of creditors other than micro enterprises and small enterprises 64,850 59,212 64,928 59,286 Other financial liabilities 3,797 3,148 3,837 3,178 Other current liabilities 20,764 20,338 20,830 20,443 Provisions 430 463 431 464 Current tax liabilities (net) 714 1,687 715 1,688 Total current liabilities (C) 117,509 107,871 117,860 108,150 Total equity and liabilities [A+B+C] 297,830 268,748 299,022 271,085 Place: Faridabad For Action Construction Equipment Limited Date: November 6, 2025 Vijay Agarwal Chairman & Managing Director Particulars Standalone Consolidated Action Construction Equipment Limited CIN : L74899HR1995PLC053860 Registered office: Dudhola Link Road, Dudhola, District Palwal, Haryana - 121102, India Ph.: 01275-280111 (50 lines), Fax: 01275-280133. E-mail: cs@ace-cranes.com, Web.: www.ace-cranes.com 10. Balance Sheet as at 30 September 2025
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11. Statement of Cash Flows for six months period ended 30 September 2025 For the period ended 30 September 2025 For the period ended 30 September 2024 For the period ended 30 September 2025 For the period ended 30 September 2024 Unaudited Unaudited Unaudited Unaudited Cash flows from operating activities Profit before tax 26,413 23,768 25,141 23,874 Adjustments to reconcile profit before tax to net cash flows: Depreciation and amortisation expense 1,614 1,365 1,676 1,384 (Gain) on sale of property, plant and equipment (net) (19) (123) (19) (123) Unrealised foreign exchange fluctuation loss / (gain) 127 (14) 127 (14) Interest income on financial assets held at amortised cost (2,703) (1,528) (2,703) (1,554) Interest income earned on finance lease receivable (4) (15) (4) (15) Dividend received (130) (49) (130) (49) Gain on investments carried at fair value through profit or loss (4,762) (4,061) (4,762) (4,061) Gain on sale investments carried at amortised cost (1,286) - (100) - Rental income (106) (62) (105) (62) Finance costs 1,403 1,636 1,409 1,637 Share based payment expenses 83 66 83 66 Impairment losses on financial assets 793 27 793 27 Warranty expenses 38 96 38 98 Provision / liabilities not longer required written back - (11) - (11) Provision for slow-moving and non-moving inventory (771) - (771) - Operating profit before working capital changes 20,690 21,095 20,673 21,197 Working capital adjustments: (Increase) in trade receivables (1,780) (4,830) (1,934) (4,162) (Increase) / Decrease in inventories (8,979) 3,292 (8,946) 3,306 Decrease in loans 5 2 5 1 (Increase) / Decrease in other financial assets (4) 672 (5) 671 (Increase) in other assets (372) (1,308) (351) (1,697) (Decrease) in trade payables (3,027) (9,544) (3,033) (9,472) (Decrease) in provisions (30) (22) (30) (21) Increase / (Decrease) in other financial liabilities 396 (487) 406 (473) Increase / (Decrease) in other current liabilities 801 (2,788) 762 (2,702) Cash generated from operating activities 7,700 6,082 7,547 6,648 Income taxes paid (net of refunds) (7,061) (4,834) (7,073) (4,866) Net cash generated from operating activities (A) 639 1,248 474 1,782 Cash flows from investing activities (4,377) (5,397) (4,535) (5,954) 215 625 218 625 Purchase of investments (31,454) (34,957) (31,454) (34,957) Proceeds from sale of investments 22,281 25,267 21,037 25,264 Investment in bank deposits (2,888) (1,280) (2,888) (1,280) Proceeds from redemption of bank deposits 2,981 3,486 2,981 3,491 Interest income received 2,752 1,163 2,752 1,186 Dividend received 130 49 130 49 Rental income 106 62 105 62 Net cash used in investing activities (B) (10,254) (10,982) (11,654) (11,514) Cash flows from financing activities Repayment of borrowings (23,026) (29,864) (23,026) (29,864) Proceeds from borrowings 34,882 40,853 34,988 40,853 Payment of principal portion of lease liabilities (46) (7) (58) (23) (875) (968) (875) (968) Payment of finance cost of lease liabilities (6) - (12) - Purchase of treasury shares by trust during the period (29) (344) (29) (344) Payment of final dividend (2,377) (2,382) (2,378) (2,382) Proceeds from issue to shares under ESOP scheme 72 108 72 108 Net cash generated from financing activities ( C) 8,595 7,396 8,682 7,380 Effect of Exchange difference on translation of foreign currency (D) - - - 51 Net decrease in cash and cash equivalents (A+B+C+D) (1,020) (2,338) (2,498) (2,301) Cash and cash equivalents at the beginning of the year 3,358 3,269 4,884 4,821 Cash and cash equivalents at the end of the period 2,338 931 2,386 2,520 2,338 2,386 For the period ended 30 September 2025 For the period ended 30 September 2024 For the period ended 30 September 2025 For the period ended 30 September 2024 Cash on hand 22 27 24 33 Balance with banks: On current accounts 635 402 681 343 On deposits with original maturity of less than three months 1,681 502 1,681 2,144 Cash and cash equivalents at the end of the period 2,338 931 2,386 2,520 2,338 2,386 Place: Faridabad For Action Construction Equipment Limited Date: November 6, 2025 Vijay Agarwal Chairman & Managing Director Action Construction Equipment Limited CIN : L74899HR1995PLC053860 Registered office: Dudhola Link Road, Dudhola, District Palwal, Haryana - 121102, India Ph.: 01275-280111 (50 lines), Fax: 01275-280133. E-mail: cs@ace-cranes.com, Web.: www.ace-cranes.com Particulars Consolidated ConsolidatedStandalone Standalone The Statement of Cash Flows has been prepared in accordance with 'Indirect method' as set out in the Ind AS - 7 'Statement of Cash Flows'. Purchase of property, plant and equipment, intangible assets, intangible assets under development, investment property, capital work-in-progress, right-of-use assets, assets held for sale and capital advances paid Proceeds from sale of property, plant and equipment Payment of finance costs (excluding payment of interest portion of lease liabilities) Components of cash and cash equivalents at the end of the period
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12 i) ii) Other disclosures : Year ended Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Profit after tax (Rs. in Lakhs) 10,387 9,683 9,437 20,070 17,808 40,364 9,006 9,772 9,482 18,778 17,900 40,924 2 Earning per share (in Rs.) - Basic 8.73 8.14 7.93 16.87 14.96 33.92 7.57 8.21 7.97 15.78 15.04 34.39 Earning per share (in Rs.) - Diluted 8.73 8.13 7.93 16.86 14.96 33.91 7.57 8.21 7.96 15.78 15.03 34.37 (not annualised except for year ended 31 March 2025) 3 Operating margin (%) 14.94% 14.04% 14.32% 14.52% 13.86% 15.05% 14.64% 14.24% 14.35% 14.45% 13.90% 15.20% (Adjusted EBITDA# / Revenue from operations) # Adjusted EBITDA = Earnings before finance costs, tax expense, depreciation and amortisation expenses (excluding other income). 4 Net profit margin (%) 13.28% 13.77% 11.97% 13.51% 11.49% 11.80% 11.64% 13.90% 11.99% 12.72% 11.53% 11.94% (Profit after tax / Total income) 5 Interest service coverage ratio (in times) 24.58 16.44 14.98 19.83 15.53 20.01 22.14 16.50 15.04 18.84 15.58 20.17 (EBIT/Finance costs) {EBIT = Earnings before finance costs, tax expense} 6 Debt service coverage ratio (in times) 1.03 * 1.10 1.89 1.95 13.29 0.92 * 1.11 1.79 1.96 13.33 (EBIT / (Debt payable within one year + Interest on debt less interest on lease liabilities)) {not annualised except for year ended 31 March 2025} 7 Bad debts to account receivable ratio (%) * * * 0.07% 0.14% 2.50% * * * 0.07% 0.14% 2.54% (Allowances for bad and doubtful receivables for the period/ average trade receivables) {not annualised except for year ended 31 March 2025} 8 Debtors turnover ratio (in times) * * * 5.06 7.84 15.24 * * * 5.16 8.06 15.51 (Revenue from operations /average trade receivable) {not annualised except for year ended 31 March 2025} 9 Inventory turnover ratio (times) * * * 1.66 1.94 4.27 * * * 1.65 1.93 4.26 (COGS/average Inventory) COGS = Cost of materials consumed + Changes in inventories of finished goods, work-in-progress {not annualised except for year ended 31 March 2025} Additional disclosures as per Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended: During the quarter ended 30 September 2025, the Company/Group has issued Rs. 3,500 lakhs of commercial paper with tenure of three months. During the six months period ended 30 September 2025, the Company/ Group has issued Rs. 7,000 lakhs of commercial papers with a tenure of three months. Out of these, Rs. 3,500 lakhs of commercial papers matured during the quarter ended 30 September 2025 and six months period ended 30 September 2025. S. No. Particulars Standalone Quarter ended Six months ended Consolidated Quarter ended Six months ended
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Year ended Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) S. No. Particulars Standalone Quarter ended Six months ended Consolidated Quarter ended Six months ended 10 Capital redemption reserve (Rs. in Lakhs) 3,099 3,099 3,099 3,099 3,099 3,099 3,099 3,099 3,099 3,099 3,099 3,099 11 Networth (Rs. in Lakhs) 177,533 * 137,237 177,533 137,237 159,731 178,252 * 138,366 178,252 138,366 161,473 (Networth is calculated as per the Companies Act, 2013) 12 Debt-equity ratio (in times) 0.07 * 0.08 0.07 0.08 0.01 0.08 * 0.08 0.08 0.08 0.01 (Total Debt/ Total Equity) Total Debt = Debt comprises of current borrowings and interest accrued on borrowings. Total Equity = Shareholders’ Equity 13 Current ratio (in times) 1.27 * 1.32 1.27 1.32 1.21 1.27 * 1.33 1.27 1.33 1.22 (Current assets / Current liabilities) 14 Current liability ratio (in times) 0.98 * 0.98 0.98 0.98 0.99 0.98 * 0.98 0.98 0.98 0.99 (Current liabilities / total liabilities) 15 Total debts to total assets (in times) 0.04 * 0.05 0.04 0.05 0.01 0.04 * 0.05 0.04 0.05 0.01 (Total debts/ total assets) Total Debt = Debt comprises of current borrowings and interest accrued on borrowings. 16 Long term debt to working capital (in times)** - - - - - - - - - - - - (Non-current borrowings including current maturities of long-term borrowings) / working capital Working capital = Current assets - Current liabilities ** Not applicable, as the Company does not have long term debt. Place: Faridabad For Action Construction Equipment Limited Date: November 06, 2025 Vijay Agarwal Chairman & Managing Director * These ratios have not been computed as the underlying Balance Sheets as at 30 June 2025 and 30 June 2024 have not been published as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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13 Statement of segment information for the quarter and six months period ended 30 September 2025 (Rs. in lakhs) 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 a) Cranes, Material Handling and Construction Equipment 69,401 60,543 69,307 129,944 138,374 309,036 69,711 60,557 69,542 130,268 138,672 309,709 b) Agriculture Equipment 4,929 4,885 6,409 9,814 11,230 24,696 4,929 4,885 6,409 9,814 11,230 24,696 Less: Inter-segment revenue (216) (234) (282) (450) (807) (1,700) (216) (234) (282) (450) (807) (1,700) 74,114 65,194 75,434 139,308 148,797 332,032 74,424 65,208 75,669 139,632 149,095 332,705 74,114 65,194 75,434 139,308 148,797 332,032 74,424 65,208 75,669 139,632 149,095 332,705 2 a) Cranes, Material Handling and Construction Equipment 69,401 60,543 69,307 129,944 138,374 309,036 69,711 60,557 69,542 130,268 138,672 309,709 b) Agriculture Equipment 4,713 4,651 6,127 9,364 10,423 22,996 4,713 4,651 6,127 9,364 10,423 22,996 74,114 65,194 75,434 139,308 148,797 332,032 74,424 65,208 75,669 139,632 149,095 332,705 74,114 65,194 75,434 139,308 148,797 332,032 74,424 65,208 75,669 139,632 149,095 332,705 Material items of expense 3 a) Cranes, Material Handling and Construction Equipment 46,770 42,893 45,829 89,663 97,066 208,522 46,917 42,670 45,933 89,587 96,980 208,556 b) Agriculture Equipment 4,817 2,709 3,778 7,526 7,221 16,304 4,817 2,709 3,778 7,526 7,221 16,304 51,587 45,602 49,607 97,189 104,287 224,826 51,734 45,379 49,711 97,113 104,201 224,860 51,587 45,602 49,607 97,189 104,287 224,826 51,734 45,379 49,711 97,113 104,201 224,860 4 a) Cranes, Material Handling and Construction Equipment (490) (3,035) 1,510 (3,525) (1,572) 1,831 (490) (2,941) 1,511 (3,431) (1,460) 1,849 b) Agriculture Equipment (1,276) 671 1,033 (605) 874 634 (1,276) 671 1,033 (605) 874 634 (1,766) (2,364) 2,543 (4,130) (698) 2,465 (1,766) (2,270) 2,544 (4,036) (586) 2,483 (1,766) (2,364) 2,543 (4,130) (698) 2,465 (1,766) (2,270) 2,544 (4,036) (586) 2,483 5 a) Cranes, Material Handling and Construction Equipment 487 443 280 930 747 1,527 509 464 288 973 763 1,564 b) Agriculture Equipment 51 34 35 85 70 138 51 34 35 85 70 138 c) Unallocated expense 305 294 375 599 548 1,100 315 303 376 618 551 1,129 843 771 690 1,614 1,365 2,765 875 801 699 1,676 1,384 2,831 843 771 690 1,614 1,365 2,765 875 801 699 1,676 1,384 2,831 6 a) Cranes, Material Handling and Construction Equipment 12,603 10,783 12,741 23,386 23,117 56,417 12,643 10,796 12,778 23,439 23,207 56,614 b) Agriculture Equipment (127) 18 236 (109) 365 858 (127) 18 236 (109) 365 858 Total (A) 12,476 10,801 12,977 23,277 23,482 57,275 12,516 10,814 13,014 23,330 23,572 57,472 Add: Other Income (B) 4,104 5,101 3,414 9,205 6,150 9,964 2,931 5,114 3,421 8,045 6,176 10,032 Less: Finance costs (C) 583 820 903 1,403 1,636 2,857 585 824 903 1,409 1,637 2,865 Less: Other unallocable expenditure (D) 2,248 2,418 2,862 4,666 4,228 10,071 2,493 2,332 2,857 4,825 4,237 9,727 Profit before tax (A+B-C-D) 13,749 12,664 12,626 26,413 23,768 54,311 12,369 12,772 12,675 25,141 23,874 54,912 Less: Tax expense (E) 3,362 2,981 3,189 6,343 5,960 13,947 3,363 3,000 3,193 6,363 5,974 13,988 Profit after tax (A+B-C-D-E) 10,387 9,683 9,437 20,070 17,808 40,364 9,006 9,772 9,482 18,778 17,900 40,924 10,387 9,683 9,437 20,070 17,808 40,364 9,006 9,772 9,482 18,778 17,900 40,924 Segments results after depreciation and amortisation expense Particulars Segment revenue Revenue from operations Segment revenue from external customer Depreciation and amortisation expense Revenue from external customer Changes in inventories of finished goods and work-in-progress Cost of materials consumed Year ended Year ended Standalone Quarter ended Six months ended Quarter ended Six months ended Consolidated
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Year ended Year ended 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 30 September 2025 30 June 2025 30 September 2024 30 September 2025 30 September 2024 31 March 2025 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited 7 a) Cranes, Material Handling and Construction Equipment 2,421 1,389 1,377 3,810 3,372 14,561 2,424 1,426 1,377 3,850 3,409 15,320 b) Agriculture Equipment 56 108 12 164 74 175 56 108 12 164 74 175 c) Unallocated 554 525 376 1,079 635 5,080 584 614 376 1,198 635 5,669 3,031 2,022 1,765 5,053 4,081 19,816 3,064 2,148 1,765 5,212 4,118 21,164 3,030 2,022 1,765 5,053 4,081 19,816 3,064 2,148 1,765 5,212 4,118 21,164 8 2,023 5,053 a) Cranes, Material Handling and Construction Equipment 129,017 127,016 106,641 129,017 106,641 119,469 129,789 127,652 107,228 129,789 107,228 120,154 b) Agriculture Equipment 23,112 19,528 18,740 23,112 18,740 18,853 23,112 19,528 18,740 23,112 18,740 18,853 c) Unallocated 145,701 139,254 105,043 145,701 105,043 130,426 146,121 141,064 106,138 146,121 106,138 132,078 Total assets 297,830 285,798 230,424 297,830 230,424 268,748 299,022 288,244 232,106 299,022 232,106 271,085 297,830 285,798 230,424 297,830 230,424 268,748 299,022 288,244 232,106 299,022 232,106 271,085 9 a) Cranes, Material Handling and Construction Equipment 91,042 89,698 68,472 91,042 68,472 94,563 91,475 90,037 68,831 91,475 68,831 94,944 b) Agriculture Equipment 12,108 9,981 9,445 12,108 9,445 9,140 12,108 9,981 9,445 12,108 9,445 9,140 c) Unallocated 17,147 16,630 15,270 17,147 15,270 5,314 17,181 16,734 15,292 17,181 15,292 5,357 120,297 116,309 93,187 120,297 93,187 109,017 120,764 116,752 93,568 120,764 93,568 109,441 120,297 116,309 93,187 120,297 93,187 109,017 120,764 116,752 93,568 120,764 93,568 109,441 Reportable segments are identified basis different products and services offered by the Company/Group. Unallocated figures relates to segments which do not meet criteria of Reportable Segment as per Ind AS 108- Operating Segments. Place: Faridabad For Action Construction Equipment Limited Date: November 06, 2025 Vijay Agarwal Chairman & Managing Director Quarter ended Six months ended Standalone Quarter ended Six months ended Consolidated Addition to Property, plant and equipment & Capital Work-in-progress Total liabilities Particulars Segment assets Segment liabilities
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B S R & Co. LLP Chartered Accountants Building No. 10, 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India Tel: +91 124 719 1000 Fax: +91 124 235 8613 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 Limited Review Report on unaudited standalone financial results of Action Construction Equipment Limited for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Action Construction Equipment Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Action Construction Equipment Limited (hereinafter referred to as “the Company”) for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 (“the Statement”) (in which are included interim financial information of Action Construction Equipment Limited Employee Welfare Trust (hereinafter referred to as the “Employee Welfare Trust” or "Trust")). 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
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B S R & Co. LLP Limited Review Report (Continued) Action Construction Equipment Limited Page 2 of 2 5. The Statement includes the interim financial information of Employee Welfare Trust which has not been reviewed, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 733 lakhs as at 30 September 2025 and total revenues (before consolidation adjustments) of Rs . Nil and Rs. Nil, total net loss after tax (before consolidation adjustments) of Rs. 23.91 lakhs and Rs. 45.81 lakhs and total comprehensive loss (before consolidation adjustments) of Rs. 23.91 lakhs and Rs 45.81 lakhs, for the quarter ended 30 September 2025 and for the period from 01 April 2025 to 30 September 2025 respectively, and net cash inflows (before consolidation adjustments) of Rs. 13.08 lakhs for the period from 01 April 2025 to 30 September 2025. as considered in the Statement. According to the information and explanations given to us by the management, this interim financial information is not material to the Company. Our conclusion is not modified in respect of this matter. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Kunal Kapur Partner Faridabad Membership No.: 509209 06 November 2025 UDIN:25509209BMTENW3533
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B S R & Co. LLP Chartered Accountants Building No. 10, 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India Tel: +91 124 719 1000 Fax: +91 124 235 8613 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 Limited Review Report on unaudited consolidated financial results of Action Construction Equipment Limited for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Action Construction Equipment Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Action Construction Equipment Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the quarter ended 30 September 2025 and year to date results for the period from 01 April 2025 to 30 September 2025 (“the Statement”) (in which are included interim financial information of Action Construction Equipment Limited Employee Welfare Trust (hereinafter referred to as the “Employee Welfare Trust” or "Trust")), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Parent: a. Action Construction Equipment Limited Subsidiaries a. SC Forma SA (subsidiary till 2 September 2025) b. Crane Kraft India Private Limited c. Namo Metals (Partnership firm) d. Action Construction Equipment Limited Employees Welfare Trust
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B S R & Co. LLP Limited Review Report (Continued) Action Construction Equipment Limited Page 2 of 2 e. ACE Emergency Response Service Trust 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The Statement includes the interim financial information of 4 Subsidiaries including Employee Welfare Trust which have not been reviewed, whose interim financial information reflects total assets (before consolidation adjustments) of Rs. 2,834.10 lakhs as at 30 September 2025 and total revenues (before consolidation adjustments) of Rs. 638.99 lakhs and Rs. 1,408.27 lakhs, total net profit after tax (before consolidation adjustments) of Rs. 33.74 lakhs and Rs. 120.58 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 33.13 lakhs and Rs. 119.97 lakhs for the quarter ended 30 September 2025 and for the period from 01 April 2025 to 30 September 2025 respectively, and net cash inflows (before consolidation adjustments) of Rs 53.42 lakhs for the period from 01 April 2025 to 30 September 2025 as considered in the Statement. According to the information and explanations given to us by the Parent’s management, these interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Kunal Kapur Partner Faridabad Membership No.: 509209 06 November 2025 UDIN:25509209BMTENX3742