Ajax Engineering Limited (NSE:AJAXENGG)
India · Delayed Price · Currency is INR | Market Cap | 63.03B -11.0% |
| Revenue (ttm) | 21.11B +1.9% |
| Net Income | 2.28B -7.4% |
| EPS | 19.79 -7.4% |
| Shares Out | 114.41M |
| PE Ratio | 27.84 |
| Forward PE | 22.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 54,987 |
| Open | 561.90 |
| Previous Close | 562.15 |
| Day's Range | 548.60 - 568.00 |
| 52-Week Range | 394.80 - 678.00 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 707.50 (+28.43%) |
| Est. Earnings | Nov 13, 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 concrete 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 incorpora... [Read more]
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 StatementsAnalyst Summary
According to 4 analysts, the average rating for AJAXENGG stock is "Strong Buy." The 12-month stock price target is ₹707.50, which is an increase of 28.43% from the latest price.
News
Ajax Engineering Annual report: Q4 2026
Ajax Engineering has published its Q4 2026 annual report on September 4, 2026.
Ajax Engineering Transcript: Transcript
Revenue grew 19% year-on-year in FY 2025, with strong SLCM and non-SLCM performance, robust export and spares growth, and a 75.1% SLCM market share. Despite short-term headwinds from emission norm changes and project delays, long-term growth and profitability outlook remains strong.
Ajax Engineering Transcript: Transcript
Revenue and volumes were flat year-over-year in Q1 FY 2026, with gross margin and EBITDA margin declining due to higher costs and product mix. CEV-V machines now dominate sales, and market share is expected to normalize as the year progresses. Cash position remains strong and growth outlook is positive.
Ajax Engineering Transcript: Transcript
Q2 FY 2026 saw 48% revenue growth year-over-year, driven by SLCM segment strength and a large contract, but margins declined due to higher costs and aggressive pricing. Market share rebounded to 71% YTD, and full-year EBITDA margin is expected to fall by 150-200 bps.
Ajax Engineering Transcript: Transcript
Revenue grew 2% year-over-year for nine months FY26, but Q3 saw a decline due to a high base and muted demand in key states. Margins were impacted by higher costs and product mix, though non-SLCM and spares segments showed growth. Strong cash position and government infrastructure push support a positive outlook for FY27.
Ajax Engineering Annual report
Ajax Engineering has published an annual report on August 19, 2026.