Ajax Engineering Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	19,754	17,414	11,511	7,633	7,417
Revenue Growth (YoY)	71.60%	51.28%	50.81%	2.91%	-
Cost of Revenue	14,408	12,827	8,331	5,522	5,023
Gross Profit	5,345	4,587	3,180	2,111	2,394
Selling, General & Admin	1,120	966.11	789.69	701.36	634.78
Other Operating Expenses	1,053	857.28	681.71	503.44	470.18
Operating Expenses	2,279	1,926	1,557	1,287	1,185
Operating Income	3,066	2,660	1,623	823.75	1,209
Interest Expense	-21.89	-20.27	-6.75	-4.21	-8.94
Interest & Investment Income	69.92	69.92	31.97	12.78	59.73
Currency Exchange Gain (Loss)	1.38	1.38	13.15	7.39	-0.02
Other Non Operating Income (Expenses)	53.37	1.9	3.66	0.22	0.36
EBT Excluding Unusual Items	3,169	2,713	1,665	839.93	1,261
Gain (Loss) on Sale of Investments	306.3	306.3	152.11	64.34	23.94
Gain (Loss) on Sale of Assets	-7.74	-7.74	-1.01	-0.91	-0.46
Other Unusual Items	7.21	7.21	13.52	0.91	9.37
Pretax Income	3,475	3,019	1,829	904.27	1,293
Income Tax Expense	900.5	767.68	470.45	242.19	319.55
Net Income	2,574	2,251	1,359	662.08	973.91
Net Income to Common	2,574	2,251	1,359	662.08	973.91
Net Income Growth	89.41%	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)	0.54%	0.50%	-	-	-
EPS (Basic)	22.50	19.68	11.88	5.79	8.51
EPS (Diluted)	22.38	19.58	11.88	5.79	8.51
EPS Growth	88.38%	64.83%	105.27%	-32.02%	-
Free Cash Flow	-	1,842	1,675	701.59	350.44
Free Cash Flow Per Share	-	16.02	14.64	6.13	3.06
Dividend Per Share	-	0.029	-	-	-
Gross Margin	27.06%	26.34%	27.62%	27.65%	32.28%
Operating Margin	15.52%	15.28%	14.10%	10.79%	16.31%
Profit Margin	13.03%	12.93%	11.81%	8.67%	13.13%
Free Cash Flow Margin	-	10.57%	14.55%	9.19%	4.72%
EBITDA	3,155	2,745	1,692	888.02	1,272
EBITDA Margin	15.97%	15.76%	14.70%	11.63%	17.16%
D&A For EBITDA	89.03	84.62	68.78	64.27	62.96
EBIT	3,066	2,660	1,623	823.75	1,209
EBIT Margin	15.52%	15.28%	14.10%	10.79%	16.31%
Effective Tax Rate	25.92%	25.43%	25.71%	26.78%	24.70%
Revenue as Reported	20,192	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.