Latest news with #ActionConstructionEquipment
Economic Times
7 days ago
- Business
- Economic Times
Reliance, HPCL, 17 other stocks to go ex-dividend on Thursday. Last chance to qualify for eligibility
Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. REC and Bharat Electronics are also offering dividends. Several other companies including Action Construction Equipment and Astral are closing in on their record dates. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In addition to these large-cap names, several other companies are also closing in on their record dates tomorrow. Here's a list of notable dividend-paying stocks for which today is the last trading day for eligibility: Action Construction Equipment – Rs 2 per share – Rs 2 per share Alkali Metals – Rs 0.50 per share – Rs 0.50 per share Amal Ltd – Rs 1 per share – Rs 1 per share Anuh Pharma – Rs 1.50 per share – Rs 1.50 per share Astral – Rs 2.25 per share – Rs 2.25 per share Bandhan Bank – Rs 1.50 per share – Rs 1.50 per share Denta Water and Infra Solutions – Rs 2.50 per share – Rs 2.50 per share Electrosteel Castings – Rs 1.40 per share – Rs 1.40 per share Emcure Pharmaceuticals – Rs 3 per share – Rs 3 per share Exxaro Tiles – Rs 13.75 per share – Rs 13.75 per share Five-Star Business Finance – Rs 2 per share – Rs 2 per share Gland Pharma – Rs 18 per share – Rs 18 per share Godawari Power & Ispat – Rs 1 per share – Rs 1 per share HUDCO – Rs 1.15 per share – Rs 1.15 per share Maharashtra Seamless– Rs 10 per share Investors looking to secure upcoming dividend payouts from some of India's most prominent companies — including Reliance Industries Ltd RIL ), Hindustan Petroleum Corporation Ltd HPCL ), REC Ltd , and Bharat Electronics Ltd BEL ) — have one last chance August 14, 2025, is the record date for determining eligible shareholders , making today the final day to purchase these stocks to qualify for the declared has announced a final dividend of Rs 9 per share, continuing its track record of rewarding shareholders while maintaining a strong operational outlook. HPCL has declared a final dividend of 105% at Rs 10.50 per REC Ltd , a key player in power sector financing, has announced a robust 47.6% final dividend at Rs 4.76 per share and BEL is rewarding investors with a 90% final dividend at Rs 0.90 per note that these dividend declarations highlight the companies' confidence in their earnings stability and cash reserves. However, they caution that share prices generally adjust downward by the dividend amount on the ex-dividend date, meaning short-term traders should factor in price adjustments before making buy the deadline approaching, market watchers expect increased trading activity as income-focused investors position themselves to capture these payouts before the window closes.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Standard
08-08-2025
- Business
- Business Standard
Action Construction Equipment consolidated net profit rises 16.08% in the June 2025 quarter
Sales decline 11.19% to Rs 652.08 croreNet profit of Action Construction Equipment rose 16.08% to Rs 97.72 crore in the quarter ended June 2025 as against Rs 84.18 crore during the previous quarter ended June 2024. Sales declined 11.19% to Rs 652.08 crore in the quarter ended June 2025 as against Rs 734.26 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -11 OPM %14.2413.43 -PBDT135.73118.84 14 PBT127.72111.99 14 NP97.7284.18 16 Powered by Capital Market - Live News
Time of India
24-06-2025
- Business
- Time of India
Sector 7 in Pithampur gets Rs 7k crore investment proposals from 19 industries
Indore: Indore's newest industrial expansion, Sector 7 in Pithampur, has attracted investment proposals amounting to over Rs 7000 crore from 19 industries since the start of the land allocation. Tired of too many ads? go ad free now The Madhya Pradesh Industrial Development Corporation (MPIDC) has received investment proposals against the allotted 272.91 hectare to industries in Sector 7 in Pithampur. These industrial ventures are expected to generate employment opportunities for over 9248 individuals. MPIDC, Indore executive director Himanshu Prajapati said, "We have allotted land to 19 industries so far in Sector 7, and these industries proposed an investment of Rs 7253 crore. Several prominent manufacturing units, including automotive components, pharmaceuticals, and electronics sectors, have shown keen interest in establishing their facilities. The proposed industries are expected to create a multiplier effect on the local economy, boosting ancillary businesses and service sectors. " Action Construction Equipment (ACE), Pinnacle Industries, Shakti Pumps, JSW Paints, Asian Paints, and Ardee Engineering Ltd are a few industries that have taken land in Sector 7. The industries department is pooling land from private landowners for developing the industrial belt. So far, around 501 hectare of land pooled from 287 farmers is registered. The industrial development project spans 2090 hectare, comprising 600 hectare of govt land and the remainder being private land. The development cost is estimated to exceed Rs 2000 crore, indicating substantial infrastructure improvements in the region. "The process of land pooling is underway. In the process, we have allotted 84 plots to farmers," said Prajapati.
Yahoo
30-05-2025
- Business
- Yahoo
Action Construction Equipment Ltd (BOM:532762) Q4 2025 Earnings Call Highlights: Record Sales ...
Release Date: May 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Action Construction Equipment Ltd (BOM:532762) achieved its highest ever yearly sales and profits, with a total income of INR 3,420 crores, marking a growth of 14.47% which is ahead of the industry. The company's margins expanded by 148 basis points to 17.52%, and PBT increased by 138 basis points to 15.8%, showcasing strong financial performance. The company remains long-term debt-free with sufficient liquidity for future growth, indicating a strong financial position. A significant order was secured from the Indian armed forces for 1,121 forklifts, marking the company's largest single order to date, which is expected to contribute to 5% of revenue in the medium to long term. The company has successfully upgraded its products to meet revised emission and safety norms, enhancing product performance and eco-friendliness. The company anticipates a subdued start to FY26 due to geopolitical issues and the implementation of new emission norms, which may impact customer pricing. There is a noted inconsistency in growth guidance, with the company revising its growth target from a previously projected 20% to 14-15% for FY26. The agricultural equipment division continues to underperform, delivering profits but not at the level of the overall company margins. The company faces challenges from Chinese competitors dumping products at lower prices, impacting the market for larger cranes in India. There is a slowdown in inquiries and orders, particularly in the rental and hiring segments, due to increased pricing from new emission norms. Warning! GuruFocus has detected 1 Warning Sign with BOM:532762. Q: Can you clarify the inconsistency in growth guidance compared to the previous quarter? A: Confidence hasn't vanished; we're cautiously optimistic. We initially aimed to double our growth by FY26, but it seems we might fall short. However, from FY22 to FY25, we have doubled our sales. We now project a 14-15% growth for FY26 due to current market conditions, including early monsoons and geopolitical issues. (Executive Director) Q: What is the expected contribution of defense and exports to revenue? A: Defense is expected to contribute about 4% to revenue in FY26, with exports adding another 5-6%, totaling 9-10%. We aim for defense and exports to contribute 10-15% in the medium term. (Executive Director) Q: How is the transition to BS5 emission norms impacting the company? A: The transition is a temporary phenomenon. Some pre-buying occurred in Q3 and Q4, and prices increased by 12-13% for 60% of our products. We expect the market to adjust by the end of Q1 FY26, with a stronger second half. (Executive Director) Q: What are the current challenges in the market, and how are they affecting growth? A: There has been a slight slowdown in inquiries and orders, particularly after recent geopolitical tensions. However, government CapEx plans remain robust, and we expect normalization soon. (Executive Director) Q: Can you provide an update on the anti-dumping duty investigation on Chinese cranes? A: The final hearing was delayed, but we expect a judgment by June or July. The finance ministry will take another 2-3 months to implement it, likely in Q2 FY26. (Executive Director) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Time of India
27-05-2025
- Business
- Time of India
Action Construction Equipment's net profit rises 20.43% in Q4 FY25
NEW DELHI: Action Construction Equipment reported a growth of 20.43 per cent in its net consolidated profit during the quarter ended March 31, 2025. Its profit after tax stood at ₹118.56 crore in Q4 FY25 as against ₹98.45 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹969.38 crore in Q4 FY25, a growth of 13.14 per cent from ₹856.76 crore it recorded in the similar quarter last year. "Our numbers for cranes, material handling and construction equipment have increased by 14.75% from 11,643 in FY24 to 13,360 in FY25. In this segment, we have been able to grow our profits by 35.36% to Rs 564 crores with a margin expansion of 18.26% v/s 15.58% for the last year," said Sorab Agarwal , executive director of the company. The board of directors have recommended a final dividend @100% i.e. ₹2 per equity share (face value of ₹2 per equity share) for the financial year ended March 31, 2025. The company's cranes, material handling & construction equipment volumes grew by 14.75% year-on-year, revenue grew by 15.70% year-on-year. On a standalone basis, the company has achieved a total income of ₹3,420 crore in this fiscal. EBITDA margins for the year expanded by 148 Bps to 17.52% from 16.04% last year and PBT expanded by 138 bps to 15.88% and PAT increased by 83 bps to 11.80%. In absolute terms, EBITDA grew by 25% to ₹599 crore as against ₹479 crore in the preceding year. PBT increased by 25.36% from ₹433 crore in FY24 to ₹543 crore in FY25. Similarly, PAT also increased from ₹328 crore to ₹404 crore there by registering a growth upwards of 23% in the last financial year.
