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.

When is the next results date for Ajax Engineering?

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

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

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%.

Should I buy, sell or hold Ajax Engineering Ltd?

Why is Ajax Engineering Ltd falling/rising?

As of 13-Mar, Ajax Engineering Ltd's stock price is declining, currently at Rs 461.80, marking a 2.09% drop and a new 52-week low. The stock has underperformed against the Sensex and has reported negative financial results, contributing to a lack of investor confidence.

As of 13-Mar, Ajax Engineering Ltd's stock price is falling, currently at Rs 461.80, which reflects a decrease of Rs 9.85 or 2.09%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 6.18% during this period. Additionally, the stock has hit a new 52-week low of Rs 460 today, indicating significant downward pressure.<BR><BR>When examining the stock's performance over various time frames, it is evident that Ajax Engineering has underperformed compared to the Sensex and its own historical performance. Over the past week, the stock has decreased by 5.91%, while the Sensex fell by 5.52%. In the last month, the stock is down 3.17%, and year-to-date, it has fallen by 22.26%, compared to a 12.50% decline in the Sensex. Over the past year, the stock has generated a return of -21.69%, contrasting sharply with the Sensex's gain of 1.00%.<BR><BR>The company's recent financial results have also contributed to the stock's decline. Ajax Engineering has reported negative results for the last three consecutive quarters, with net sales falling by 21.7% and profit after tax (PAT) decreasing by 35.4% compared to the previous four-quarter average. This underperformance has raised concerns among investors, leading to a lack of confidence in the stock.<BR><BR>Despite some positive factors, such as strong long-term fundamental strength and rising investor participation, these have not been sufficient to counteract the negative sentiment surrounding the stock. The stock is currently trading below its moving averages across multiple time frames, further indicating a bearish trend. Overall, the combination of poor financial performance, recent price declines, and underperformance relative to benchmarks has led to the current fall in Ajax Engineering Ltd's stock price.

Why is Ajax Engineering Ltd falling/rising?

As of 14-Mar, Ajax Engineering Ltd's stock price is Rs. 461.80, down 2.09%, and has reached a new 52-week low. The company has reported negative financial results for three consecutive quarters, contributing to a 21.69% decline in stock performance over the past year.

As of 14-Mar, Ajax Engineering Ltd's stock price is falling, currently at Rs. 461.80, which represents a decrease of Rs. 9.85 or 2.09%. The stock has been on a downward trend, having lost 6.18% over the last three days, and it has also reached a new 52-week low of Rs. 460 today. This decline is reflected in its performance metrics, showing a 5.91% drop over the past week and a 3.17% decrease over the past month.<BR><BR>The company has reported negative results for the last three consecutive quarters, with net sales falling by 21.7% compared to the previous four-quarter average and a significant drop in profit after tax (PAT) by 35.4%. This poor financial performance contributes to the stock's decline, as it has generated a return of -21.69% over the past year, underperforming against the broader market indices like the BSE500.<BR><BR>Despite some positive factors, such as strong long-term fundamental strength and rising investor participation, the overall sentiment remains negative due to the company's recent financial struggles and below-par performance both in the near term and long term. The stock is currently trading below all its moving averages, indicating a bearish trend.

Why is Ajax Engineering Ltd falling/rising?

As of 15-Mar, Ajax Engineering Ltd's stock price is Rs. 461.80, down 2.09%, and has lost 22.26% year-to-date. The stock is underperforming with a recent 52-week low and negative financial results, leading to a lack of investor confidence despite some positive long-term fundamentals.

As of 15-Mar, Ajax Engineering Ltd's stock price is falling, currently at Rs. 461.80, reflecting a decrease of Rs. 9.85 or 2.09%. The stock has been on a downward trend, having lost 6.18% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance relative to its historical price levels.<BR><BR>The stock's recent performance has been poor, with a year-to-date decline of 22.26%, significantly worse than the Sensex's decline of 12.50% over the same period. Additionally, the stock has generated a return of -21.69% over the past year, which is indicative of its underperformance compared to broader market indices.<BR><BR>Today's trading also saw the stock hit a new 52-week low of Rs. 460, further emphasizing its downward trajectory. The company has faced challenges, including negative results for the last three consecutive quarters, with a notable 35.4% decline in profit after tax compared to the previous four-quarter average. This has contributed to a lack of investor confidence, despite some positive long-term fundamentals such as a healthy return on equity and growth in net sales.<BR><BR>While there has been a rise in investor participation, with delivery volume increasing significantly, the overall sentiment remains negative due to the company's recent financial performance and the broader market context.

Which are the latest news on Ajax Engineering?

Which are the latest news on Ajax Engineering?

Which are the latest news on Ajax Engineering?