Ajax Engineering

Which are the latest news on Ajax Engineering?

Why is Ajax Engineering Ltd falling/rising?

As of 05-Sep, Ajax Engineering Ltd's stock price is rising to 581.70, up 0.94%. This increase is driven by strong relative performance, significant investor interest, and the company’s solid financial standing, including being net-debt free and having a high return on equity.

As of 05-Sep, Ajax Engineering Ltd's stock price is rising, currently at 581.70, reflecting a change of 5.4 (0.94%) upwards. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.87% today, indicating strong relative performance. Additionally, it has been gaining for the last two days, with a total return of 2.38% during this period. The stock also reached an intraday high of Rs 588, marking a 2.03% increase.<BR><BR>Moreover, Ajax Engineering is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement. There has been a significant increase in investor participation, with delivery volume rising by 1377.18% compared to the 5-day average, indicating heightened interest from investors. Lastly, the company is net-debt free and has a high return on equity (ROE) of 19.41%, which contributes to its strong financial standing and attractiveness to investors.

What does Ajax Engineering do?

Ajax Engineering Ltd, a small-cap company in the automobile industry, was incorporated in 1992 and reported net sales of 475 Cr and a net profit of 56 Cr for June 2026. Key metrics include a P/E of 29.00 and a market cap of INR 6,524 Cr.

Overview:<BR>Ajax Engineering Ltd operates in the automobiles industry and is categorized as a small-cap company.<BR><BR>History:<BR>The company was incorporated in 1992 as Ajax Fiori Engineering (India) Private Limited in Bengaluru, Karnataka. It underwent a name change to Ajax Engineering Private Limited on March 15, 2019, following a Scheme of Arrangement. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 475 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 56 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 6,524 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 29.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.75 <BR>Return on Equity: 16.53% <BR>Price to Book: 4.73 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Ajax Engineering?

Ajax Engineering's peers include Ola Electric, BEML Ltd, Action Const.Eq., Olectra Greentec, SML Mahindra, Sanghvi Movers, VST Till. Tract., Landmark Cars, and TIL. In terms of management risk, growth, and capital structure, Ajax Engineering is rated as good, with a 1-year return of -20.09%, better than Ola Electric but worse than Sanghvi Movers, which has the highest return at 39.63%.

Peers: Ajax Engineering's peers are Ola Electric, BEML Ltd, Action Const.Eq., Olectra Greentec, SML Mahindra, Sanghvi Movers, VST Till. Tract., Landmark Cars, and TIL.<BR><BR>Quality Snapshot: Excellent management risk is observed at Action Const.Eq., while Good management risk is found at Ajax Engineering and VST Till. Tract. Average management risk is present at BEML Ltd, Olectra Greentec, SML Mahindra, Sanghvi Movers, Landmark Cars, and TIL, and the rest. Below Average management risk is noted at Ola Electric. Growth is Excellent at Action Const.Eq., Olectra Greentec, and SML Mahindra, while Good growth is seen at Sanghvi Movers and VST Till. Tract. Ajax Engineering and the rest have Below Average growth. Capital Structure is Excellent at Ajax Engineering and VST Till. Tract., Good at BEML Ltd, Olectra Greentec, and Sanghvi Movers, Average at SML Mahindra, and Below Average at Ola Electric, Landmark Cars, and TIL.<BR><BR>Return Snapshot: Sanghvi Movers has the highest 1-year return at 39.63%, while Ola Electric has the lowest at -23.88%. Ajax Engineering's 1-year return of -20.09% is better than Ola Electric's but worse than Sanghvi Movers'. Additionally, VST Till. Tract., Landmark Cars, and TIL have negative six-month returns.

How big is Ajax Engineering?

As of 31st August, Ajax Engineering Ltd has a market capitalization of 6,524.00 Cr, with recent Net Sales of 2,110.62 Cr and a Net Profit of 227.87 Cr.

As of 31st August, Ajax Engineering Ltd has a market capitalization of 6,524.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Ajax Engineering reported Net Sales of 2,110.62 Cr and a Net Profit of 227.87 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,157.14 Cr and Total Assets valued at 1,482.45 Cr.

Should I buy, sell or hold Ajax Engineering Ltd?

When is the next results date for Ajax Engineering Ltd?

The next results date for Ajax Engineering Ltd is 05 August 2026.

The next results date for Ajax Engineering Ltd is scheduled for 05 August 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.

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%.

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.

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