Action Construction Equipment Profile
Key Indicators
- Authorised Capital ₹ 55.25 Cr
- Paid Up Capital ₹ 23.82 Cr
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 696.00 Cr
- Satisfied Charges ₹ 1,138.71 Cr
- Revenue Growth 32.51%
- Profit Growth 52.20%
- Ebitda 47.59%
- Net Worth 20.41%
- Total Assets 23.91%
About Action Construction Equipment
Action Construction Equipment Limited (ACEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 1995 and has a history of 30 years and one month. Its registered office is in Faridabad, Haryana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532762 and on the National Stock Exchange(NSE) under ACE.
The Corporate was formerly known as Action Construction Equipments Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 55.25 Cr and a paid-up capital of Rs 23.82 Cr.
The company currently has active open charges totaling ₹696.00 Cr. The company has closed loans amounting to ₹1,138.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Action Construction Equipment Limited India are Anil Kumar as COMPANY SECRETARY and Rajan Luthra as Cfo. Jagan Chamber, Divya Singal, Shriniwas Vashisht, and Five other members serve as directors at the Company.
Company Details
- Location
Faridabad, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Action Construction Equipment Limited offer?
Action Construction Equipment Limited offers a wide range of products and services, including Material Handling Machines & Systems, Loading Machinery, Cranes, Forklift & Lifting Machines, Telescopic Cranes, Excavator and Earth Moving Machinery, Backhoe Loader, Heavy Duty Cranes, Warehouse Stacker, Counter Balance Stacker, Forklift.
Who are the key members and board of directors at Action Construction Equipment?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajan Luthra  | CFO | 31-Jul-2014 | Current |
| Anil Kumar | Company Secretary | 03-Jul-2017 | Current |
| Vijay Agarwal | Managing Director | 13-Jan-1995 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avinash Gandhi | Director | 01-Oct-2019 | Current |
| Jagan Chamber | Director | 06-Nov-2020 | Current |
| Divya Singal | Director | 01-Apr-2020 | Current |
| Shriniwas Vashisht | Director | 24-Sep-2020 | Current |
| Surbhi Garg | Whole-Time Director | 12-Nov-2011 | Current |
| Sorab Agarwal | Whole-Time Director | 20-Mar-1998 | Current |
Financial Performance of Action Construction Equipment.
Action Construction Equipment Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.51% increase. The company also saw a substantial improvement in profitability, with a 52.2% increase in profit. The company's net worth Soared by an impressive increase of 20.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Action Construction Equipment?
In 2023, Action Construction Equipment had a promoter holding of 66.76% and a public holding of 33.24%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Uniproducts (India) LimitedAvinash Gandhi is a mutual person
Zook Electric Vehicles Private LimitedAvinash Gandhi is a mutual person
Asia Resorts LimitedSurbhi Garg, Mona Agarwal and 1 more are mutual person
Reachall India Private LimitedSurbhi Garg, Sorab Agarwal and 2 more are mutual person
- Asia Consolidated Private Limited
Surbhi Garg, Sorab Agarwal and 1 more are mutual person
Lumax Auto Technologies LimitedAvinash Gandhi is a mutual person
Charges (Loans)
₹696.00 Cr
₹1,138.71 Cr
Charges Breakdown by Lending Institutions
- Others : 425.00 Cr
- State Bank Of India : 156.00 Cr
- Citi Bank N.A. : 60.00 Cr
- Hdfc Bank Limited : 55.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2021 | Hdfc Bank Limited | ₹55.00 Cr | Open |
| 07 May 2020 | Citi Bank N.A. | ₹60.00 Cr | Open |
| 13 Mar 2014 | State Bank Of India | ₹156.00 Cr | Open |
| 12 May 2012 | Others | ₹95.00 Cr | Open |
| 25 Aug 2011 | Others | ₹145.00 Cr | Open |
How Many Employees Work at Action Construction Equipment?
Action Construction Equipment has a workforce of 1352 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Action Construction Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Action Construction Equipment's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
