Stock DNA
Automobiles
INR 7,105 Cr (Small Cap)
27.00
34
0.00%
-0.53
20.76%
5.67
Total Returns (Price + Dividend) 
Ajax Engineering for the last several years.
Risk Adjusted Returns v/s 
Returns Beta
News
Is Ajax Engineering overvalued or undervalued?
As of 14 November 2025, Ajax Engineering's valuation grade has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently assessed as overvalued. Key ratios include a PE Ratio of 27.56, an EV to EBITDA of 20.36, and a ROE of 22.48%. In comparison to its peers, Ajax Engineering's PE Ratio is notably lower than Thermax's 60.32 and BEML Ltd's 56.6, both of which are categorized as very expensive. However, it is higher than Elecon Engineering's 26.69, which is also very expensive. The company's recent stock performance has outpaced the Sensex over the past week, returning 5.5% compared to the Sensex's 1.62%, but this does not alter the overall valuation conclusion....
Read MoreIs Ajax Engineering overvalued or undervalued?
As of 14 November 2025, Ajax Engineering's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued. Key ratios include a PE ratio of 27.56, an EV to EBITDA of 20.36, and a ROE of 22.48%. In comparison with peers, Ajax Engineering's PE ratio is notably lower than Thermax's 60.32 and BEML Ltd's 56.6, both categorized as very expensive. However, it is higher than Elecon Engg. Co's PE of 26.69, which is also very expensive. The recent stock performance shows a 5.5% return over the past week, significantly outperforming the Sensex's 1.62% return, which may suggest short-term investor optimism despite the overall overvaluation....
Read MoreIs Ajax Engineering overvalued or undervalued?
As of 14 November 2025, Ajax Engineering's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued based on its key financial ratios, including a PE Ratio of 27.56, an EV to EBITDA of 20.36, and an EV to Sales ratio of 3.12. In comparison to its peers, Ajax Engineering's valuation stands out, as Thermax has a much higher PE ratio of 60.32, while BEML Ltd also shows a very high PE at 56.6. This suggests that Ajax Engineering is trading at a premium relative to its competitors, which further supports the conclusion of overvaluation. Additionally, while the stock has outperformed the Sensex over the past week with a return of 5.5% compared to the Sensex's 1.62%, the longer-term performance metrics indicate a lack of consistent growth, reinforcing the overvalued status of the company....
Read More Announcements 
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20-Nov-2025 | Source : BSETranscript of Earnings Conference Call held on November 14 2025 on unaudited financial results for the quarter and half year ended September 30 2025.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14-Nov-2025 | Source : BSEAudio recording of the discussion on the Unaudited Financial Results of the Company for the quarter and half year ended September 30 2025 at the analyst meet held on November 14 2025 is available on the website of the Company.
Announcement under Regulation 30 (LODR)-Newspaper Publication
14-Nov-2025 | Source : BSENewspaper Publication for the unaudited financial results for the quarter and half year ended September 30 2025.
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Promoters
None
Held by 11 Schemes (6.74%)
Held by 35 FIIs (6.51%)
The Johns Loaves Trust (19.31%)
Sbi Magnum Children's Benefit Fund - Investment Plan (4.18%)
3.5%
Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ
QoQ Growth in quarter ended Sep 2025 is -4.65% vs -38.27% in Jun 2025
QoQ Growth in quarter ended Sep 2025 is -26.12% vs -41.86% in Jun 2025
Half Yearly Results Snapshot (Standalone) - Sep'25
Growth in half year ended Sep 2025 is 18.36% vs 12.43% in Sep 2024
Growth in half year ended Sep 2025 is -8.99% vs 21.80% in Sep 2024
Nine Monthly Results Snapshot (Standalone) - Dec'24
Not Applicable: The company has declared_date for only one period
Not Applicable: The company has declared_date for only one period
Annual Results Snapshot (Standalone) - Mar'25
YoY Growth in year ended Mar 2025 is 19.09% vs 51.28% in Mar 2024
YoY Growth in year ended Mar 2025 is 15.52% vs 65.67% in Mar 2024






