Ajax Engineering Ltd

As of November 14, 2025, Ajax Engineering is considered very expensive and overvalued with a PE ratio of 27.56, despite outperforming the Sensex with a 5.5% return over the past week.

As of November 14, 2025, Ajax Engineering is considered very expensive and overvalued with a PE ratio of 27.56, despite outperforming the Sensex recently, due to its high valuation ratios compared to peers like Thermax and BEML Ltd.

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.

Ajax Engineering has demonstrated consistent growth over the past three years, with net sales rising to 2,073.92 Cr in March 2025 from 1,151.13 Cr in March 2023, and profit after tax increasing to 260.10 Cr. However, cash flow from operations has experienced volatility, dropping to 42.00 Cr in March 2025.

The next results date for Ajax Engineering is 13 November 2025.

As of 17-Oct, Ajax Engineering Ltd's stock price is 619.70, down 1.36%, and has underperformed its sector and the Sensex. Despite increased investor participation, the stock has declined over the past week and month, indicating a challenging environment.

As of October 13, 2025, Ajax Engineering is considered overvalued with a PE ratio of 27.89 and a current price of 634.00, despite strong ROCE and ROE metrics, and has underperformed against the Sensex recently.

As of October 8, 2025, Ajax Engineering is considered very expensive with a PE ratio of 27.88 and an EV to EBITDA ratio of 20.61, indicating overvaluation compared to peers like Thermax and BEML Ltd, despite a recent stock decline of 3.12% against a 0.98% increase in the Sensex.

As of October 6, 2025, Ajax Engineering is considered overvalued with a valuation grade of expensive, reflected in its high PE ratio of 28.24 and lagging stock performance compared to the Sensex, despite strong financial metrics like a ROCE of 66.42%.

As of 29-Sep, Ajax Engineering Ltd's stock price is rising to Rs 683.70, up 5.8% after five days of decline, and significantly outperforming its sector. The stock shows strong upward momentum, trading above key moving averages, with a notable increase in investor interest.

As of 24-Sep, Ajax Engineering Ltd's stock price is at 650.00, down 1.09% and has declined for three consecutive days, totaling a 3.69% drop. The stock is trading below all key moving averages, indicating bearish sentiment, despite a significant increase in investor participation.

As of 23-Sep, Ajax Engineering Ltd's stock price is at 659.65, up 0.16%, but it has underperformed its sector today. Despite a significant increase in delivery volume, the stock is trading below several key moving averages and has declined over the past month, indicating mixed performance relative to the broader market.

As of 22-Sep, Ajax Engineering Ltd's stock price is Rs 659.55, down 2.27%, having underperformed its sector and the Sensex. Despite a recent increase in investor participation, the stock has declined over the past month and is trading below several key moving averages.

As of 19-Sep, Ajax Engineering Ltd's stock price is at 676.35, having increased by 0.35% and showing a total return of 3.89% over the last four days. Despite a 1.92% decline over the past month, the stock has outperformed the Sensex recently, indicating positive short-term momentum.

As of 18-Sep, Ajax Engineering Ltd's stock price is Rs 674.00, up 1.89% today, with a three-day total return of 3.53%. Despite today's gains, the stock has underperformed over the past week and month compared to broader market trends.

As of 17-Sep, Ajax Engineering Ltd's stock price is Rs 661.50, up 1.58% today, but it has declined 3.13% over the past week and 6.51% over the past month. Despite recent gains and increased investor interest, the stock is underperforming compared to benchmark indices in the longer term.

As of 16-Sep, Ajax Engineering Ltd is priced at 651.20, showing a slight increase but trading below key moving averages, indicating a bearish trend. Despite a recent uptick in trading volume, the stock has underperformed compared to the Sensex, reflecting ongoing challenges and a lack of investor confidence.

As of 15-Sep, Ajax Engineering Ltd's stock price is at 651.05, down 0.37% and has fallen 4.66% over the last three days. The stock is trading below all major moving averages, indicating a bearish trend, and has significantly underperformed compared to the Sensex, suggesting cautious investor sentiment.

As of 12-Sep, Ajax Engineering Ltd's stock price is Rs 653.50, down 3.33%, and has underperformed its sector by 4.24%. Despite a significant increase in investor participation, the stock has shown a bearish trend with declines over the past week and month, contrasting sharply with the positive performance of the Sensex.