Action Construction Equipment

ACE reported a flattish Q3 FY26 with total income of ~₹888 crore, but EBITDA margin expanded 74bps to 18.5Current reported value: 18.5. No comparable prior figure is available in the source record.% and PAT grew 8.15Current reported value: 8.15. No comparable prior figure is available in the source record.% to ₹115.88Current reported value: 115.88. No comparable prior figure is available in the source record. crore. The core crane and construction equipment segment saw 10% sequential revenue growth to ₹763 crore, driven by demand normalization post-BS5 transition and new product launches with AI features. Management expects full-year revenue to remain flattish with improved margins. Key positives include a strong order book of ~₹500Current 500. Reported change: +8-9% YoY (projected FY26). crore in defense, capacity of ₹5,500 crore, and zero net debt. Risks include delayed anti-dumping duties on Chinese cranes and slow execution of government orders. The company targets ₹6,000-7,000 crore revenue by FY29-30.