Ajax Engineering Limited (BOM:544356)

India · Delayed Price · Currency is INR

567.40

+1.70 (0.30%)

At close: Aug 21, 2026

-17.77% (1Y)

Market Cap	64.71B -18.0%
Revenue (ttm)	21.11B +1.9%
Net Income	2.28B -7.4%
EPS	19.79 -7.4%
Shares Out	n/a
PE Ratio	28.40
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,281
Open	561.00
Previous Close	565.70
Day's Range	561.00 - 568.40
52-Week Range	395.65 - 728.00
Beta	n/a
Analysts	Strong Buy
Price Target	707.50 (+24.69%)
Earnings Date	Aug 5, 2026

About Ajax Engineering

Ajax Engineering Limited manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally. The company also offers transit mixers, stationary concrete pumps, boom pumps, self-propelled boom pumps, 3D concrete printers, and slip-form pavers, as well as dumpers, planetary mixers, and twin shaft mixers. It serves roadways, waterways, irrigation, renewable energy, railways, residential/commercial, airports, and urban infrastructure sectors. Ajax Engineering Limited was incorporated in 19... [Read more]

Industry Construction Machinery and Equipment

Founded 1992

Employees 487

Stock Exchange Bombay Stock Exchange

Ticker Symbol 544356

Full Company Profile

Financial Performance

In fiscal year 2026, Ajax Engineering's revenue was 21.03 billion, an increase of 1.38% compared to the previous year's 20.74 billion. Earnings were 2.25 billion, a decrease of -13.44%.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for 544356 stock is "Strong Buy." The 12-month stock price target is ₹707.50, which is an increase of 24.69% from the latest price.

Price Target

₹707.50

(24.69% upside)

Analyst Consensus: Strong Buy

Stock Forecasts

News

Ajax Engineering Transcript: Transcript

Revenue grew 2% YOY for nine months FY 2026, but Q3 saw a decline due to industry headwinds and a high base. Margins were impacted by higher costs and one-time expenses, though cash position and market share remain strong. Demand is expected to recover as government infrastructure spending increases.

3 days ago - Transcripts

Ajax Engineering Transcript: Transcript

Revenue grew 19% year-over-year to INR 2,744 crore in FY 2025, with strong SLCM leadership and robust export and spares growth. Despite regulatory and market headwinds, margins remained resilient, and the company remains debt-free with a strong cash position.

3 days ago - Transcripts

Ajax Engineering Transcript: Transcript

Q2 FY 2026 revenue surged 48% year-over-year, led by a large SLCM contract, but margins declined due to higher CEV 5 costs and aggressive pricing. Full-year EBITDA margin is expected to fall 150–200 bps, with early double-digit top-line growth projected.

3 days ago - Transcripts

Ajax Engineering Annual report

Ajax Engineering has published an annual report on August 19, 2026.

3 days ago - Filings

Ajax Engineering Transcript: Transcript

Revenue and volumes remained flat year-over-year, with strong non-SLCM volume growth offset by product mix and higher costs from the CEV5 transition, leading to lower margins and profits. The company remains debt-free with robust cash reserves and expects early double-digit volume growth for FY26.

3 days ago - Transcripts