Construction Equipment sales in FY 2025-26: Sold 71,227 units, Decline 11.7%

The recent industry data shows that sales of construction equipment in FY 2025-26 were 71,227 units, down from 80,665 units in FY 2024-25. It reflects a decrease of 11.7% YoY. The overall sales in the market declined, yet the competition among the leading brands remained high. 

The rate of current and future infrastructure development in the nation influences the sales within this industry. Let's have a closer look at the top performers in FY 2025-26 and their performance in March 2026.

Construction Equipment Sales in FY 2025-26: Top 5 Brands

Most of the construction machinery market is controlled by brands that offer dependable equipment, a good dealer network and utilise cutting-edge technology. Contractors, infrastructure companies, and project developers have, over the years, trusted these brands. 

JCB once again leads in the market of construction equipment in India with its extensive collection of backhoe loaders and excavators. In FY 2026, the company sold 34,632 units, which is less than the 39,775 units sold in FY 2025. 

ACE is the second top performer with sales of 7,416 units, but at the same time, the brand faced the highest downfall in the market share (-1.07%). AJAX has built a strong reputation, making it a popular choice for contractors and hit the 3rd spot with sales of 4,622 units and has 6.49% market share, 0.31% increase from the last fiscal year. 

Escorts Kubota has seen a major downfall of 16.78% in the total sales, which dropped to 4,556 units in FY 2025-26 from the sales of 5,475 units last year. CASE New Holland made it to the top 5 with sales of 1,882 units and a growth of 0.22% in the market share. 

Construction Machinery Sales in March 2026: Top 5 Brands

The total construction equipment sales in March 2026 are 6,906 units, which is 1,330 units less than the sales of 8,236 units in March 2025. 

JCB is still the clear market leader during the month. In March 2026, the company sold 3,419 units, which is a little less than the 3,640 units sold in March 2025. Even though the volume went down, JCB's market position actually got stronger. Its market share went up from 44.20% in March 2025 to 49.51% in March 2026.

ACE sold 715 units in March 2026, down from 1,040 units in March 2025. Because of this drop, its market share fell from 12.63% to 10.35%. AJAX recorded the third-highest sales in March 2026. The company sold 460 units, as compared to the 675 units it sold in March 2025. It also fell behind by a margin in terms of market share to 6.66%, as compared to 8.20%. 

Escorts Kubota came in fourth place with 451 units sold in March 2026. Bull Machines ranked at number five, selling 227 units in March 2026, less than the 247 units it sold in March 2025. 

Although its sales declined slightly, it had a growth of 0.29% in its market share. In general, the sales of the majority of the companies decreased throughout the month, though the list of the best brands remained relatively similar. 

Rank	Manufacturer	Mar'26	Mar'25	MS Mar'26	MS Mar'25	MS Change Mar'26 vs Mar'25
1	JCB	3,419	3,640	49.51%	44.20%	5.31%
2	ACE	715	1,040	10.35%	12.63%	-2.27%
3	Ajax	460	675	6.66%	8.20%	-1.53%
4	Escorts Kubota	451	505	6.53%	6.13%	0.40%
5	Bull	227	247	3.29%	3.00%	0.29%
6	Case New Holland	167	245	2.42%	2.97%	-0.56%
7	Caterpillar	133	199	1.93%	2.42%	-0.49%
8	M/S Schwing Stetter	124	112	1.80%	1.36%	0.44%
9	All Terrain Crane	123	129	1.78%	1.57%	0.21%
10	Tata Hitachi	107	133	1.55%	1.61%	-0.07%
11	Tata Motors	81	77	1.17%	0.93%	0.24%
12	Mahindra	78	133	1.13%	1.61%	-0.49%
13	Indo	75	88	1.09%	1.07%	0.02%
14	Doosan Bobcat	72	55	1.04%	0.67%	0.37%
15	Liugong	62	128	0.90%	1.55%	-0.66%
	Other Brands	612	830	8.86%	10.08%	-1.22%
	Total	6,906	8,236	Industry Degrowth = ~-16.15%		Tractor Gyan

Tractor Gyan's Take on Construction Equipment Sales in FY 2025-26 and March 2026

This slowdown in the construction equipment market could be caused by changes in seasonal demand and less activity on infrastructure during certain times. Although the total industry sales have declined, the market leadership remains healthy. 

The long-term infrastructure programs of India, including highway development, metro railway, and smart cities, are likely to boost the demand for construction equipment in the future. These initiatives will keep the industry experiencing a revived growth and high sales momentum in the months to come.