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:
NC Holdings Co Ltd
of JAPAN
(2020
sales of 13.95 billion Japanese Yen [US$134.34 million]
of which 48%
was ted),
Seibu Electric & Machinery Co Ltd
of JAPAN
(23.74 billion Japanese Yen [US$228.66 million]
of which 46%
was Transport Machinery), and
International Conveyors Limited
(986.66 million Indian Rupees [US$13.49 million]
of which 91%
was Conveyor Belting).
Sales Analysis.
Action Construction Equipment Limited reported sales of 11.56 billion Indian Rupees (US$158.06 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 13.9%
versus 2019, when the company's sales were 13.43 billion Indian Rupees .
Contributing to the drop in overall sales was the 29.6% decline
in Agri Equipment, from 2.04 billion Indian Rupees to 1.43 billion Indian Rupees .
There were also decreases in sales in
Material Handling/construction Equipment (down 11.4% to 835.82 million Indian Rupees )
.
However, these declines were partially offset by the increase in sales of
Construction Equipment (up 25.5% to 1.01 billion Indian Rupees )
.