AJAX ENGINEERING LIMITED·Capital Goods Companies·Agricultural, Commercial & Construction Vehicles Companies

Price

565.65

-0.14%
O:568.7
H:568.75
L:560.85
C:565.65

52W Range

394.8728.5
+43%/-22%

Market Cap

₹6,471.42 Cr

Traded: ₹1.84 Cr (0.03%) 0.0x

Free Float: ₹271.80 Cr (0.68% of FF traded)

Volume · 60D trend

32.52 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-2% 3M:+3% 6M:+16% 12M:-6%

Valuation

P/E28.4
P/B4.7
P/S3.1
EV/EBIT243286489.7

Business Strength

ROE17.8%
ROCE23.9%
OPM12.7%
NPM10.7%

Growth (3Y CAGR)

EPS-13.4%
Sales+22.0%
Profit+19.0%
3Y Return--

Balance Sheet

Debt/Equity0.0
Debt0 Cr
Pledge0.0%
CWIP/Fixed Asset19.2%

Cash Position

CFO/NP167.6%
FCF350 Cr
FCF 3Y Avg556 Cr
Cash/MCap2.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle12 days
Tradeable Free Float4.2%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 8.73 Cr
3.21% FF
60d high
₹ 9.42 Cr
60d low
₹ 3.34 Cr
60d mean
₹ 5.86 Cr
vs mean
▲ 49.13%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
--
+23.0%
+22.0%
--
+1.0%
Decelerating
ROE
--
+21.0%
+23.0%
--
--
Accelerating
Return
--
--
--
-3.0%
--
--
Profit
--
+19.0%
+19.0%
--
-13.0%
Stable

Quarterly Results

Jun 2026

5 Aug
Rev
475 Cr
----
OPM12.0%
NPM--
PAT
--56 Cr
EPS
--4.9

Mar 2026

PDF
Rev
758 Cr
+0% YoY+75% QoQ
OPM15.0%
NPM12.5%
PAT
+4% YoY95 Cr
EPS
+4% YoY8.3

Dec 2025

PDF
Rev
434 Cr
-21% YoY-2% QoQ
OPM10.0%
NPM8.8%
PAT
-40% YoY38 Cr
EPS
-44% YoY3.3

Sep 2025

PDF
Rev
445 Cr
+48% YoY-5% QoQ
OPM10.0%
NPM8.8%
PAT
+15% YoY39 Cr
EPS
+15% YoY3.4

Jun 2025

PDF
Rev
467 Cr
-1% YoY-38% QoQ
OPM13.0%
NPM11.3%
PAT
-21% YoY53 Cr
EPS
-21% YoY4.6

Mar 2025

PDF
Rev
756 Cr
+15% YoY+38% QoQ
OPM15.0%
NPM12.0%
PAT
+3% YoY91 Cr
EPS
+3% YoY8.0

Dec 2024

PDF
Rev
548 Cr
+37% YoY+82% QoQ
OPM16.0%
NPM12.4%
PAT
+26% YoY68 Cr
EPS
+27% YoY6.0

Sep 2024

Rev
301 Cr
---36% QoQ
OPM13.0%
NPM11.3%
PAT
--34 Cr
EPS
--3.0

Jun 2024

Rev
469 Cr
---29% QoQ
OPM17.0%
NPM14.3%
PAT
--67 Cr
EPS
--5.9

Mar 2024

Rev
657 Cr
--+65% QoQ
OPM17.0%
NPM13.4%
PAT
--88 Cr
EPS
--7.7

Dec 2023

Rev
399 Cr
----
OPM17.0%
NPM13.5%
PAT
--54 Cr
EPS
--4.7

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.00
Interest Coverage1131.0x
Promoter Pledge0.0%
Borrowings2 Cr

Efficiency

Receivable Days31 days
Inventory Days38 days
Payable Days57 days
Cash Conversion cycle12 days

Cash Position

Operating Cash Flow377 Cr
Investing Cash Flow-257 Cr
Financing Cash Flow0 Cr
Free Cash Flow350 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sales475758434445467756548301469657399
Expenses415643389400405645460262389548333
Operating Profit5911544456111188398010967
OPM %12.0%15.0%10.0%10.0%13.0%15.0%16.0%13.0%17.0%17.0%17.0%
Other Income18131010131271113139
Interest00000-211010
Depreciation32333333333
Profit Before Tax7412652537112292479011972
Tax %25.0%25.0%26.0%26.0%25.0%26.0%26.0%28.0%25.0%26.0%26.0%
Net Profit5695383953916834678854
Exceptional Items--0-300000000
EPS (Rs)4.98.33.33.44.68.06.03.05.97.74.7
Sales Growth (YoY)--0.3%-20.9%47.8%-0.5%15.0%37.3%--------
Sales Growth (QoQ)--74.7%-2.5%-4.7%-38.2%38.0%82.1%-35.8%-28.6%64.7%--
OP Growth (YoY)-3.3%3.6%-50.0%15.4%-23.8%1.8%31.3%--------
OP Growth (QoQ)-48.7%161.4%-2.2%-26.2%-45.0%26.1%125.6%-51.2%-26.6%62.7%--
Profit Growth (YoY)--4.0%-40.0%15.0%-21.0%3.0%26.0%--------
EPS Growth (YoY)--4.4%-44.0%15.2%-21.2%3.0%26.5%--------
EPS Growth (QoQ)--148.5%-2.3%-26.0%-41.9%33.4%100.7%-49.3%-24.1%63.9%--
OP Margin--15.2%10.1%10.1%13.1%14.7%16.1%13.0%17.1%16.6%16.8%
Net Margin--12.5%8.8%8.8%11.3%12.0%12.4%11.3%14.3%13.4%13.5%
Material Cost %--74.0%75.0%76.0%74.0%76.0%73.0%69.0%70.0%76.0%70.0%
Employee Cost %--4.0%7.0%6.0%6.0%4.0%5.0%9.0%5.0%4.0%5.0%
P/S3.073.30------------------
P/E28.4030.88------------------
P/B4.654.99------------------

Shareholding Pattern

Shareholders:72.0K (-52.6%)
Current MixMar 2026

Exchange Filings

50
Company Update13 Aug 2026

Transcript of Earning Call Conference held on August 6, 2026 on unaudited financial results for the quarter ended June 30, 2026.

AGM/EGM10 Aug 2026

Outcome of Postal Ballot notice dated June 30, 2026.

AGM/EGM10 Aug 2026

Postal Ballot- Scrutinizer''s Report dated August 10, 2026

Company Update07 Aug 2026

Copy of Newspaper publication on August 7, 2026 for unaudited financial result of the Company for the quarter ended June 30, 2026.

Company Update06 Aug 2026

Audio recording of the discussion on the unaudited Financial Results of the Company for the quarter June 30, 2026, at the analyst meet held on August 6, 2026, is available on the website ....

Result05 Aug 2026

Please find the attached herewith the unaudited Financial Results of the Company for the quarter ended June 30, 2026

Board Meeting05 Aug 2026

Please find attached Standalone Unaudited Financial Results for the quarter ended June 30, 2026

Company Update15 Jul 2026

Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended June 30, 2026.

Company Update08 Jul 2026

Newspaper Advertisement for Postal Ballot.

AGM/EGM07 Jul 2026

Notice of Postal Ballot- Intimation pursuant to Regulation 30 of SEBI (LODR) Regulation 2015.

Company Update05 Jul 2026

Appointment of M/s PKF Sridhar & Santhanam LLP as Internal Auditor of the Company.

Company Update05 Jul 2026

Completion of tenure of M/s PricewaterhouseCoopers Private Limited as Internal Auditor of the Company.

Others05 Jul 2026

Outcome of the Board meeting for change in management held on Sunday, July 5, 2026.

Insider Trading / SAST24 Jun 2026

Intimation of Closure of Trading window for dealing in securities of the Company for all Designated Persons and immediate relatives w.e.f. July 1, 2026 till the expiry of 48 hours after ....

Company Update19 Jun 2026

Resignation of Mr. Rajan Wadhera (DIN: 00416429) as Independent Director of the Company.

Company Update19 Jun 2026

Resignation of Mr. Rajan Wadhera (DIN: 00416429) as Independent Director of the Company.

Company Update02 Jun 2026

Appointment of Mr. Ketan Pendse as a Chief Financial Officer of the Company w.e.f. June 2, 2026.

Company Update02 Jun 2026

Resignation of Mr. Ganesh B J as Interim Chief Financial Officer of the Company w.e.f. June 2, 2026

Others02 Jun 2026

Outcome of the Board meeting for change in management held on Tuesday, June 2, 2026.

Company Update30 May 2026

Annual Secretarial Compliance Report for the financial ending March 31, 2026.

Company Update27 May 2026

Transcript of Earnings conference call held on May 19, 2026 on audited financial results for the quarter and year ended March 31, 2026.

Company Update20 May 2026

Copy of Newspaper publication on May 20, 2026 for Audited financial results of the company for the quarter and year ended March 31, 2026.

Company Update19 May 2026

Audio recording of the discussion on the Audited Financial Results of the Company for the quarter and year ended March 31, 2026, at the analyst meet held on May 19, 2026, is available on ....

Company Update18 May 2026

In continuation of our letter of todays dated on the standalone Audited Financial Results for the quarter and year ended March 31, 2026, we attach copy of press release being issued by the Company.

Company Update18 May 2026

Please find the attached Investor presentation on the Audited financial Results for the quarter and year ended March 31, 2026.

Company Update18 May 2026

Resignation of Mr. Jacob Jiten John (DIN: 03636873) as a Whole-time Director of the Company.

Company Update18 May 2026

Appointment of Mr. Sachin Rajkumar Nandgaonkar (DIN: 03410739) as a Additional Director (Non-Executive and Nominee Director) of the Company.

Result18 May 2026

Please find the attached herewith Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026

Board Meeting18 May 2026

Board meeting outcome for the Board meeting held on May 18, 2026.

Company Update13 May 2026

A meeting of the Board of Directors of the Company is scheduled to be held on Monday, May 18, 2026, inter alia, to consider and approve the audited financial statements of the Company for ....

Board Meeting13 May 2026

AJAX Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/05/2026 ,inter alia, to consider and approve the audited financial statements ....

Others14 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update09 Apr 2026

Certificate under reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter and year ended March 31, 2026

Company Update31 Mar 2026

Resignation of Mr. Raghavan Sadagopan (DIN: 00002647) as Independent Director of the Company.

Insider Trading / SAST27 Mar 2026

Intimation of Closure of Trading Window for dealing in securities of the Company for all designated persons and immediate relatives w.e.f. Wednesday, April 01, 2026 till the expiry of ....

Company Update19 Mar 2026

Please note that the Company executives will be participating in the Group Meeting, scheduled to be held on March 24, 2026 and March 25, 2026. It is expected that the meeting with the group ....

Company Update22 Feb 2026

Please note that the Company executives will be participating in the Group Meeting, scheduled to be held on February 25, 2026. It is expected that the meeting with the group will be in-person.

Company Update19 Feb 2026

Transcript of Earnings Conference Call held on February 13, 2026 on unaudited financial results for the quarter and none months ended December 31, 2025

Company Update14 Feb 2026

Copy of newspaper publication on February 14, 2026 for unaudited financial results of the Company for the quarter and nine months ended December 31, 2025.

Company Update13 Feb 2026

Audio recording of the discussion on the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025, at the analyst meet held on February 12, 2026, ....

Board Meeting12 Feb 2026

Please find attached Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2025.

Result12 Feb 2026

Please find attached herewith the Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2025.

Company Update12 Feb 2026

Please find attached presentation on the Unaudited Financial Results (Standalone) for the quarter and nine months ended December 31, 2025

Company Update12 Feb 2026

In continuation of our letter of today''s date on the Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 2025, we attach copy of press release being ....

Company Update10 Feb 2026

A meeting of the Board of Directors of the Company is scheduled to be held on Thursday, February 12, 2026, inter alia, to consider and approve the unaudited financial results of the Company ....

Board Meeting09 Feb 2026

AJAX Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve AJAX Engineering Ltd has informed ....

Company Update13 Jan 2026

Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended December 31, 2025.

Others01 Jan 2026

Appointment of Mr. Ganesh B J as Interim Chief Financial Officer and Key Managerial Personnel of the Company w.e.f. December 31, 2025

Company Update31 Dec 2025

Appointment of Mr. Ganesh B J as interim Chief Finance Officer and Key Managerial Personnel of the Company w.e.f. December 31, 2025.

Insider Trading / SAST29 Dec 2025

Intimation of Closure of Trading Window for dealing in securities of the Company for all designated persons and immediate relatives w.e.f. Thursday, January 01, 2026 till the expiry of ....

Annual Reports

1

2025

Credit Ratings

1
icraRating update
10 Oct 2025Report

Concalls

5

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jun 2025

30 Jun 2025

Mar 2025

31 Mar 2025

Held by Mutual Funds

15 schemes hold ajaxengg · sorted by weight

#SchemeWeight %
1

SBI Infrastructure Fund

SBI Mutual Fund

1.60%
2

SBI Quality Fund

SBI Mutual Fund

1.05%
3

WhiteOak Capital Quality Equity Fund

WhiteOak Capital Mutual Fund

0.88%
4

WhiteOak Capital ELSS Tax Saver Fund

WhiteOak Capital Mutual Fund

0.59%
5

WhiteOak Capital Multi Cap Fund

WhiteOak Capital Mutual Fund

0.53%
6

WhiteOak Capital Mid Cap Fund

WhiteOak Capital Mutual Fund

0.50%
7

WhiteOak Capital Flexi Cap Fund

WhiteOak Capital Mutual Fund

0.45%
8

WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital Mutual Fund

0.26%
9

WhiteOak Capital Balanced Hybrid Fund

WhiteOak Capital Mutual Fund

0.23%
10

SBI Small Cap Fund

SBI Mutual Fund

0.16%
11

Franklin India Small Cap Fund

Franklin Templeton Mutual Fund

0.45%
12

WhiteOak Capital Equity Savings Fund

WhiteOak Capital Mutual Fund

0.16%
13

HSBC Infrastructure Fund

HSBC Mutual Fund

0.12%
14

WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital Mutual Fund

0.12%
15

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.01%