Ajax Engineering Limited (BOM:544356)
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
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
| Rating | Oct '25 | Nov '25 | Jan '26 | Feb '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 24.5B | ||
| Avg | 24.4B | ||
| Low | 24.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 16.4% | ||
| Avg | 15.9% | ||
| Low | 15.4% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 21.95 | ||
| Low | - |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 11.1% | ||
| Low | - |