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ACE Ltd Secures ₹420 Crore Defence Contract for 1,121 RTFLTs

Synopsis:

Action Construction Equipment Ltd (ACE) has secured a ₹420 crore contract from the Ministry of Defence to supply 1,121 Rough Terrain Fork Lift Trucks (RTFLTs). This order, covering 60% of total procurement, supports India's defence logistics under the ‘Make in India’ initiative..


Action Construction Equipment Ltd (ACE) has secured its largest-ever contract worth ₹420 crores from the Ministry of Defence for the supply of 1,121 Rough Terrain Fork Lift Trucks (RTFLTs). This order accounts for 60% of the total 1,868 RTFLTs being procured by the Indian Army, Navy, and Air Force. The move reinforces India’s commitment to indigenous defence manufacturing under the ‘Make in India’ and ‘Aatma Nirbhar Bharat’ initiatives. The contract highlights ACE’s expertise in specialised cranes and material handling equipment, strengthening its leadership in the sector.

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ACTION CONST EQUIP LTD

Trade

1208.8-34.89 (-2.80 %)

Updated - 25 April 2025
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Key Takeaways:

  • Contract value: ₹420 crore for 1,121 RTFLTs, covering 60% of the total procurement.

  • Defence application: The equipment will be used by the Indian Army, Navy, and Air Force.

  • Strategic importance: Supports ‘Make in India’ and ‘Aatma Nirbhar Bharat’ policies.

  • Technological edge: Products have undergone rigorous testing for performance and reliability.

  • Market impact: The order strengthens ACE’s position in the defence and material handling sector.

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Boosting Defence Readiness with Advanced RTFLTs

The RTFLTs supplied by ACE will play a vital role in optimising defence logistics. These trucks are designed to enhance operational efficiency by reducing manual handling of supplies and improving mobility in challenging terrains. With this contract, ACE cements its role in the defence sector, contributing to India's self-reliance in military equipment manufacturing.

Market and Financial Impact on ACE

This record-breaking order is expected to positively impact Action Construction Equipment share price, given the scale of the contract and its long-term revenue potential. The company’s focus on innovation and indigenous manufacturing aligns well with India’s defence procurement policies.

Breakdown of ACE’s Defence Contracts in 2024-25

Contract Name

Value (₹ Crore)

Units Supplied

Client

Year

RTFLTs for Ministry of Defence

420

1,121

Indian Armed Forces

2025

Specialised Cranes for Air Force

180

300

Indian Air Force

2024

Heavy-duty Equipment for Navy

250

500

Indian Navy

2024

Impact on Action Construction Equipment Share Price

The latest defence contract is a major growth driver for ACE, potentially increasing investor confidence and positively influencing Action Construction Equipment share price. With a strong pipeline of government contracts and a focus on advanced manufacturing, ACE is positioned for steady expansion in the defence and material handling sectors.

Action Construction Equipment Ltd’s ₹420 crore contract with the Ministry of Defence marks a milestone in India’s push for self-reliance in military logistics. The supply of 1,121 RTFLTs enhances operational readiness and supports indigenous manufacturing, further solidifying ACE’s market position. As a result, Action Construction Equipment share price is expected to reflect strong growth potential in the coming quarters.

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This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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