Ajax Engineering Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	20,739	17,414	11,511	7,633	7,417
Revenue Growth (YoY)	19.09%	51.28%	50.81%	2.91%	-
Cost of Revenue	15,117	12,827	8,331	5,522	5,023
Gross Profit	5,622	4,587	3,180	2,111	2,394
Selling, General & Admin	1,095	966.11	789.69	701.36	634.78
Other Operating Expenses	1,345	857.28	681.71	503.44	470.18
Operating Expenses	2,550	1,926	1,557	1,287	1,185
Operating Income	3,072	2,660	1,623	823.75	1,209
Interest Expense	-26.78	-20.27	-6.75	-4.21	-8.94
Interest & Investment Income	-	69.92	31.97	12.78	59.73
Currency Exchange Gain (Loss)	-	1.38	13.15	7.39	-0.02
Other Non Operating Income (Expenses)	463.5	1.9	3.65	0.22	0.36
EBT Excluding Unusual Items	3,509	2,713	1,665	839.93	1,261
Gain (Loss) on Sale of Investments	-	306.3	152.11	64.34	23.94
Gain (Loss) on Sale of Assets	-	-7.74	-1.01	-0.91	-0.46
Other Unusual Items	-	7.21	13.53	0.91	9.37
Pretax Income	3,509	3,019	1,829	904.27	1,293
Income Tax Expense	907.86	767.68	470.45	242.19	319.55
Net Income	2,601	2,251	1,359	662.08	973.91
Net Income to Common	2,601	2,251	1,359	662.08	973.91
Net Income Growth	15.52%	65.67%	105.27%	-32.02%	-
Shares Outstanding (Basic)	114	114	114	114	114
Shares Outstanding (Diluted)	115	115	114	114	114
Shares Change (YoY)	0.04%	0.50%	-	-	-
EPS (Basic)	22.73	19.68	11.88	5.79	8.51
EPS (Diluted)	22.61	19.58	11.88	5.79	8.51
EPS Growth	15.47%	64.83%	105.27%	-32.02%	-
Free Cash Flow	192.68	1,842	1,675	701.57	350.44
Free Cash Flow Per Share	1.68	16.02	14.64	6.13	3.06
Dividend Per Share	-	2.950	-	-	-
Gross Margin	27.11%	26.34%	27.62%	27.65%	32.28%
Operating Margin	14.81%	15.28%	14.10%	10.79%	16.31%
Profit Margin	12.54%	12.93%	11.81%	8.67%	13.13%
Free Cash Flow Margin	0.93%	10.57%	14.55%	9.19%	4.72%
EBITDA	3,181	2,745	1,691	888.02	1,272
EBITDA Margin	15.34%	15.76%	14.69%	11.63%	17.16%
D&A For EBITDA	109.25	84.62	68.17	64.27	62.96
EBIT	3,072	2,660	1,623	823.75	1,209
EBIT Margin	14.81%	15.28%	14.10%	10.79%	16.31%
Effective Tax Rate	25.87%	25.43%	25.71%	26.78%	24.70%
Revenue as Reported	21,167	17,801	11,726	7,719	7,510
Advertising Expenses	-	86.74	60.57	26.17	17.63

Updated Mar 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.