ACE

🏭 Expansion & Strategy Moves

In the quarter ending March 2025, net profit rose ~20.4%; sales grew by ~15%. Full year (FY25) net profit was ~ ₹409.22 crore compared to ~ ₹328.16 crore the year before. Sales for FY25 were ~ ₹3,327.05 crore, up from ~ ₹2,913.80 crore. Q3 (Dec-quarter) also saw strong growth: ~26% increase in profit after tax, with income rising similarly. Q1 FY25 saw ~24% rise in PAT (profit after tax) YoY; revenue up ~14%. For the June 2025 quarter, profit rose ~16%, but sales were down ~11% compared to the same quarter previous year. 🏭 Expansion & Strategy Moves ACE is investing ₹400 crore to build a new tower crane manufacturing facility in Palwal (Faridabad, Haryana) on ~22 acres. Also acquired 32 acres in Indore for future expansion. Strategy includes boosting presence in backhoe loaders, defence, agriculture, and doubling export footprint. They aim to double revenues by FY 2030. 📈 Other Developments The board has approved a final dividend of ₹2 per share for FY 2024-25. The order from the defence ministry was obtained (amount not disclosed), which helped the stock reaction positively. Margins have improved due to better product mix (e.g. larger machines), price realizations, and cost control.