Action Construction Equipment Limited operates in the Hoists, cranes, and monorails sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Action Construction Equipment Limited with three other
material handling equipment manufacturers in Asia:
Seibu Electric & Machinery Co Ltd
sales of 24.65 billion Japanese Yen [US$217.64 million]
of which 38%
was Transport Machinery),
International Conveyors Limited
(1.69 billion Indian Rupees [US$22.48 million]
of which 95%
was Conveyor Belting), and
NC Holdings Co Ltd
based in JAPAN
(13.45 billion Japanese Yen [US$118.79 million]
of which 43%
was Three-dimensional parking equipment rela).
Sales were up sharply during the first
quarter of 2022 versus the previous year's first quarter.
During the first
quarter of 2022, sales at Action Construction Equipment Limited totalled
3.22 billion Indian Rupees .
an increase of 218.4%
from the 1.01 billion Indian Rupees in sales at the company during the first quarter of 2021.
Action Construction Equipment Limited reported sales of 12.27 billion Indian Rupees (US$162.97 million)
March of 2021.
increase of 6.1%
versus 2020, when the company's sales were 11.56 billion Indian Rupees .
Despite this increase, sales are still
below the level achieved in 2019, when Action Construction Equipment Limited
reported sales of 13.43 billion Indian Rupees .
Sales of Subsidiaries Business saw an increase
that was more than double the company's growth rate: sales were up
351.1% in 2021, from
321,000.00 Indian Rupees to 1.45 million Indian Rupees .
Action Construction Equipment Limited also saw significant increases in sales in
Agri Equipment (up 39.7% to 2.00 billion Indian Rupees )
Construction Equipment (up 32.9% to 1.34 billion Indian Rupees )
Material Handling/construction Equipment (up 23.0% to 1.03 billion Indian Rupees )
Not all segments of Action Construction Equipment Limited experienced an increase in sales in 2021:
sales of Cranes fell 4.6% to 7.90 billion Indian Rupees .