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ACE Secures Major Ministry of Defence Order for 74 Backhoe Loaders
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CNBC TV18•30-09-2026, 15:37
ACE Secures Major Ministry of Defence Order for 74 Backhoe Loaders
- •Action Construction Equipment (ACE) has received an order from the Border Roads Organisation (BRO) for 74 4x4 backhoe loaders.
- •This order strengthens ACE's presence in the defence sector and aligns with the government's Make in India and Aatmanirbhar Bharat initiatives.
- •ACE previously secured contracts worth ’697.35 crore with the Ministry of Defence (MoD) in February 2025 for 1,868 Rough Terrain Fork Lift Trucks.
- •The company reported a Q1 FY27 revenue of ’785 crore, a 20.49% increase year-on-year, with net profit rising to ’119 crore.
- •ACE shares were trading up 2.55% on Wednesday, with significant gains over the past three months (25.15%) and five years (385.61%).
Key Questions Answered
Action Construction Equipment received an order from the Border Roads Organisation, under the Ministry of Defence, to supply 74 4x4 backhoe loaders.
In February 2025, the Ministry of Defence signed contracts worth ₹697.35 crore with ACE and JCB India to procure 1,868 Rough Terrain Fork Lift Trucks for the Indian Army, Air Force, and Navy.
ACE reported a revenue of ₹785 crore in Q1 FY27, which marks a 20.49% increase from the year-ago quarter, along with a net profit rising to ₹119 crore.
