Ajax Engineering

Who are the top shareholders of the Ajax Engineering?

The top shareholders of Ajax Engineering include the Johns Loaves Trust with 19.31%, mutual funds holding 6.2%, foreign institutional investors at 5.95%, and the SBI Magnum Children's Benefit Fund at 4%, while individual investors collectively own 4.9%.

The top shareholders of Ajax Engineering include the promoters, with the Johns Loaves Trust holding the largest stake at 19.31%. In addition to the promoters, the company has mutual funds holding 6.2% across six schemes and foreign institutional investors (FIIs) holding 5.95% through 32 different entities. The highest public shareholder is the SBI Magnum Children's Benefit Fund - Investment Plan, which holds 4%. Individual investors collectively own 4.9% of the company.

Has Ajax Engineering declared dividend?

No Dividend History Available

Who are the peers of the Ajax Engineering?

Ajax Engineering's peers include Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, VST Till. Tract., SML ISUZU, Sanghvi Movers, and TIL. Management risk varies from excellent to average among peers, with M & M showing the highest 1-year return at 15.79% and Tata Motors the lowest at -25.59%.

Peers: Ajax Engineering's peers include Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, VST Till. Tract., SML ISUZU, Sanghvi Movers, and TIL.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Auto, Hyundai Motor I, and Ajax Engineering, while Good management risk is found at Maruti Suzuki, M & M, VST Till. Tract., Sanghvi Movers, and the rest. Average management risk is present at SML ISUZU and TIL. Growth is Excellent for Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, and Ajax Engineering, while Good growth is noted at VST Till. Tract., SML ISUZU, Sanghvi Movers, and the rest. Capital Structure is Excellent for Bajaj Auto, Hyundai Motor I, and VST Till. Tract., Good for Ajax Engineering and Sanghvi Movers, Average for Tata Motors, and Below Average for M & M and SML ISUZU, with TIL having a Below Average rating as well.<BR><BR>Return Snapshot: The peer with the highest 1-year return is M & M at 15.79%, while Tata Motors has the lowest at -25.59%. Ajax Engineering's 1-year return is not available for comparison. Additionally, SML ISUZU and Sanghvi Movers have negative six-month returns.

What does Ajax Engineering do?

Ajax Engineering Ltd, a mid-cap company in the automobile industry, specializes in engineering solutions and reported net sales of ₹7,558 Cr and a net profit of ₹910 Cr for the quarter ending March 2025. Key financial metrics include a P/E ratio of 31.00 and a return on equity of 28.33%.

Overview:<BR>Ajax Engineering Ltd operates in the automobiles industry and is categorized as a mid-cap company.<BR><BR>History:<BR>Ajax Engineering Limited was incorporated in 1992 as Ajax Fiori Engineering (India) Private Limited. The company underwent a name change to Ajax Engineering Private Limited in March 2019. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 7,558 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 910 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 7,919 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 31.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.68 <BR>Return on Equity: 28.33% <BR>Price to Book: 8.60 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Ajax Engineering?

As of 24th July, Ajax Engineering Ltd has a market capitalization of 7,840.00 Cr, with recent Net Sales of 2,262.11 Cr and a Net Profit of 281.38 Cr. The company reported Shareholder's Funds of 917.96 Cr and Total Assets of 1,236.14 Cr for the annual period ending March 2024.

As of 24th July, Ajax Engineering Ltd has a market capitalization of 7,840.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Ajax Engineering reported Net Sales of 2,262.11 Cr and a Net Profit of 281.38 Cr.<BR><BR>For the latest annual period ending in March 2024, the company had Shareholder's Funds amounting to 917.96 Cr and Total Assets of 1,236.14 Cr.

How has been the historical performance of Ajax Engineering?

Ajax Engineering has experienced significant growth in net sales and profits over the past three years, with net sales increasing from 1,151.13 Cr in Mar'23 to 2,073.92 Cr in Mar'25, and profit after tax rising from 135.90 Cr to 260.10 Cr. However, cash flow from operating activities has declined, resulting in a net cash outflow of 17.00 Cr in Mar'25.

Answer:<BR>Ajax Engineering has shown significant growth in its historical performance, particularly in the last three fiscal years. <BR><BR>Breakdown:<BR>In terms of net sales, Ajax Engineering reported an increase from 1,151.13 Cr in Mar'23 to 1,741.40 Cr in Mar'24, and further to 2,073.92 Cr in Mar'25. This upward trend is mirrored in total operating income, which also rose from 1,151.13 Cr in Mar'23 to 2,073.92 Cr in Mar'25. The company's total expenditure, excluding depreciation, increased from 980.39 Cr in Mar'23 to 1,755.78 Cr in Mar'25. Operating profit (PBDIT) saw a substantial rise from 192.18 Cr in Mar'23 to 360.95 Cr in Mar'25, while profit before tax increased from 182.95 Cr in Mar'23 to 350.88 Cr in Mar'25. Consequently, profit after tax also grew significantly from 135.90 Cr in Mar'23 to 260.10 Cr in Mar'25. The earnings per share (EPS) improved from 11.88 in Mar'23 to 22.74 in Mar'25, indicating enhanced shareholder value. On the balance sheet, total assets rose from 966.73 Cr in Mar'23 to 1,482.45 Cr in Mar'25, while total liabilities increased from 966.73 Cr to 1,482.45 Cr over the same period. Cash flow from operating activities decreased from 184.00 Cr in Mar'23 to 42.00 Cr in Mar'25, leading to a net cash outflow of 17.00 Cr in Mar'25, down from an inflow of 66.00 Cr in Mar'24. Overall, Ajax Engineering has demonstrated robust growth in sales and profits, although cash flow from operations has seen a decline in the most recent year.

Is Ajax Engineering overvalued or undervalued?

As of November 17, 2025, Ajax Engineering is considered undervalued with a PE ratio of 29.37 and an EV to EBITDA of 21.92, outperforming peers like Thermax and BEML Ltd, and has achieved a stock return of 15.39% over the past week compared to the Sensex's 1.69%.

As of 17 November 2025, Ajax Engineering has moved from a valuation grade of very expensive to attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE ratio of 29.37, an EV to EBITDA of 21.92, and a remarkable ROCE of 52.38%. <BR><BR>In comparison to its peers, Ajax Engineering's PE ratio is notably lower than that of Thermax at 60.51 and BEML Ltd at 56.55, both categorized as expensive. Additionally, Ajax's EV to EBITDA ratio is more favorable than that of Action Construction Equipment, which stands at 22.81. The company's strong performance is further highlighted by its recent stock return of 15.39% over the past week, significantly outpacing the Sensex return of 1.69%.

When is the next results date for Ajax Engineering Ltd?

The next results date for Ajax Engineering Ltd is 18 May 2026.

The next results date for Ajax Engineering Ltd is scheduled for 18 May 2026.

Are Ajax Engineering Ltd latest results good or bad?

Ajax Engineering Ltd's latest Q4 FY26 results are strong, with a net profit increase of 148.29% and net sales growth of 74.76%, marking a positive turnaround. However, the overall fiscal year saw slower growth compared to FY25, and the stock has underperformed, indicating ongoing challenges.

Ajax Engineering Ltd's latest results for Q4 FY26 show a significant improvement, indicating a positive turnaround for the company. The net profit for the quarter reached ₹94.96 crores, which is a remarkable 148.29% increase compared to the previous quarter. Additionally, the company's net sales surged to ₹757.66 crores, reflecting a 74.76% quarter-on-quarter growth. This marks the highest quarterly sales, operating profit, and net profit the company has achieved in the last eight quarters, showcasing improved operational efficiency.<BR><BR>The operating margin also improved to 15.13%, the highest in two years, indicating better cost management and pricing power. Furthermore, the return on equity stands at a strong 20.04%, underscoring the company's capital efficiency.<BR><BR>However, it's important to note that while the quarterly performance is strong, the overall fiscal year FY26 saw a deceleration in growth compared to the previous year, with net sales growth of 19.10% down from 51.30% in FY25. The stock has underperformed over the past year, declining 18.86% compared to the Sensex's 7.91% drop, which may raise concerns among investors.<BR><BR>In summary, the latest quarterly results are indeed good, reflecting a strong recovery and operational capability, but the broader context of the fiscal year and stock performance suggests that the company still faces challenges ahead.

Which are the latest news on Ajax Engineering?

Should I buy, sell or hold Ajax Engineering Ltd?

Why is Ajax Engineering Ltd falling/rising?

As of 20-May, Ajax Engineering Ltd's stock price is rising to 570.20, driven by strong recent performance, increased investor interest, and positive financial results, despite a year-to-date decline. The company's net-debt-free status and high management efficiency further support its valuation.

As of 20-May, Ajax Engineering Ltd's stock price is rising, currently at 570.20, with a change of 1.1 (0.19%) upward. This increase can be attributed to several factors. Firstly, the stock has shown strong performance over the past week, with a return of +8.82%, significantly outperforming the Sensex, which only gained +0.95%. Additionally, over the past month, the stock has risen by +14.65%, while the Sensex has declined by -4.08%. <BR><BR>Investor participation has also increased, as indicated by a substantial rise in delivery volume, which was up by 735.43% compared to the 5-day average. This suggests a growing interest among investors, contributing to the upward price movement. Furthermore, the company has recently reported positive financial results for March 2026, marking a turnaround after three consecutive quarters of negative performance. The highest net sales of Rs 757.66 crore and the highest operating profit margin of 15.13% indicate improved operational efficiency.<BR><BR>Despite the stock's year-to-date decline of -4.01% and a one-year drop of -15.36%, the company's net-debt-free status and high management efficiency, reflected in a return on equity (ROE) of 19.41%, provide a solid foundation for its valuation. Overall, these positive indicators are likely contributing to the current rise in Ajax Engineering Ltd's stock price.