Ajax Engineering Limited (BOM:544356)
India flag India · Delayed Price · Currency is INR
602.05
+5.60 (0.94%)
At close: Jun 4, 2026

Ajax Engineering Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Ajax Engineering stock has a consensus rating of "Strong Buy" and an average price target of ₹745.00. The average 1-year stock price forecast is 23.74% higher than the current stock price, while the lowest is ₹680.00 (+12.95%) and the highest is ₹850.00 (+41.18%).

Price Target: ₹745.00 (+23.74%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹680.00₹745.00₹725.00₹850.00
Change+12.95%+23.74%+20.42%+41.18%

Analyst Ratings

The average analyst rating for Ajax Engineering stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingOct '25Nov '25Jan '26Feb '26Apr '26May '26
Strong Buy455555
Buy000000
Hold100000
Sell000000
Strong Sell000000
Total555555

Financial Forecast

Revenue This Year
24.37B
from 21.03B
Increased by 15.90%
Revenue Next Year
29.67B
from 24.37B
Increased by 21.76%
EPS This Year
21.95
from 19.75
Increased by 11.13%
EPS Next Year
29.03
from 21.95
Increased by 32.27%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
7.63B11.51B17.41B20.74B21.03B24.37B
Revenue Growth
2.91%50.81%51.28%19.09%1.38%15.90%
Gross Profit
2.11B3.18B4.59B5.56B5.31B5.43B
Gross Margin
27.65%27.62%26.34%26.79%25.28%22.30%
Operating Income
823.75M1.62B2.66B3.07B2.55B3.04B
Net Income
662.08M1.36B2.25B2.60B2.25B2.52B
EPS
----19.7521.95
EPS Growth
-----12.64%11.13%
Forward PE
-----27.43
Dividend / Share
--2.95---
Free Cash Flow
619.86M1.50B1.60B-88.69M3.35B1.63B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High24.5B
Avg24.4B
Low24.3B

Revenue Growth

Revenue Growth202720282029
High
16.4%
Avg
15.9%
Low
15.4%

EPS Forecast

EPS202720282029
High-
Avg21.95
Low-

EPS Growth

EPS Growth202720282029
High-
Avg
11.1%
Low-