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 17-Mar, Ajax Engineering Ltd's stock price is rising to Rs 489.00, up 2.7%, supported by strong investor interest and short-term gains despite recent challenges in financial performance. The stock has outperformed its sector and shows positive trends relative to moving averages.

As of 17-Mar, Ajax Engineering Ltd's stock price is rising, currently at Rs 489.00, reflecting an increase of Rs 12.85 or 2.7%. This upward movement is supported by several factors. Notably, the stock has outperformed its sector by 2.47% today and has experienced consecutive gains over the last two days, accumulating a total return of 6.03% during this period. Additionally, the stock reached an intraday high of Rs 492, marking a rise of 3.33%.<BR><BR>Investor participation has also increased significantly, with delivery volume on 16 March rising by 503.43% compared to the 5-day average, indicating heightened interest in the stock. Furthermore, the stock's current price is higher than its 5-day and 20-day moving averages, suggesting a positive short-term trend, although it remains below the longer-term moving averages of 50, 100, and 200 days.<BR><BR>Despite the stock's recent rise, it is important to note that the company has faced challenges, including negative results in the last three consecutive quarters, with net sales and profit after tax both declining significantly compared to previous averages. However, the strong long-term fundamentals, such as a healthy return on equity of 20.04% and a low debt-to-equity ratio, provide a contrasting backdrop to its recent performance. Overall, the combination of short-term gains, increased investor interest, and solid fundamentals contributes to the current rise in Ajax Engineering Ltd's stock price.

Why is Ajax Engineering Ltd falling/rising?

As of 18-Mar, Ajax Engineering Ltd's stock price is at 489.80, down 0.1% after a trend reversal following two days of gains. Despite strong long-term fundamentals, the company has reported negative results for the last three quarters, leading to significant underperformance compared to its sector and the BSE500 index.

As of 18-Mar, Ajax Engineering Ltd's stock price is falling, currently at 489.80, reflecting a change of -0.5 (-0.1%). This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 2.01% today and has shown a significant drop in performance over the past year, with a return of -19.79%. <BR><BR>Despite some positive indicators, such as a strong long-term fundamental strength with an average Return on Equity (ROE) of 20.04% and healthy growth in net sales and operating profit, the company has declared negative results for the last three consecutive quarters. This includes a notable decline in profit after tax (PAT) by 35.4% compared to the previous four-quarter average and the lowest net sales recorded at Rs 433.55 crore. <BR><BR>Additionally, while the stock has seen a rise in investor participation, with delivery volume increasing by 465.9% against the five-day average, the overall performance remains below par in both the long term and near term. The stock has underperformed the BSE500 index over the last three years, one year, and three months, contributing to the current downward trend in its price.

Why is Ajax Engineering Ltd falling/rising?

As of 19-Mar, Ajax Engineering Ltd's stock price is at 485.00, down 1.17% after a trend reversal following three days of gains. Despite some positive indicators, the stock has a year-to-date decline of 18.35% and has reported negative results for the last three quarters, leading to a lack of investor confidence.

As of 19-Mar, Ajax Engineering Ltd's stock price is falling, currently at 485.00, reflecting a decrease of 5.75 (-1.17%). This decline follows a trend reversal after three consecutive days of gains. The stock has touched an intraday low of Rs 477.7, indicating a significant drop of 2.66% during the day.<BR><BR>Despite outperforming the sector by 0.46% today, the stock's overall performance has been underwhelming in the long term, with a year-to-date decline of 18.35% and a one-year return of -24.92%. 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 substantial drop in profit after tax (PAT) by 35.4%. <BR><BR>While there are some positive indicators, such as strong long-term fundamental strength and rising investor participation, these have not been sufficient to counteract the negative sentiment stemming from the company's recent financial performance. The stock's liquidity remains adequate, but the overall trend suggests a lack of confidence among investors, contributing to the current decline in price.

Why is Ajax Engineering Ltd falling/rising?

As of 20-Mar, Ajax Engineering Ltd's stock price is declining, down 1.93% with a significant drop over the past month and year. The company has reported negative financial results for three consecutive quarters, indicating a lack of investor confidence.

As of 20-Mar, Ajax Engineering Ltd's stock price is currently falling, with a change of -9.3, representing a decline of 1.93%. This downward movement is reflected in the stock's performance over the last two days, during which it has experienced a consecutive fall of -3.88%. Despite opening with a gain of 2.9% today and reaching an intraday high of Rs 498, the stock has since dropped to a day's low of Rs 471, which is only 4.39% away from its 52-week low of Rs 451.<BR><BR>The stock's performance over various periods also indicates a troubling trend. Over the past month, it has declined by 3.30%, and year-to-date, it has fallen significantly by 20.59%. In the last year, the stock has generated a return of -24.33%, underperforming the broader market, as evidenced by the Sensex's decline of only 2.38% in the same timeframe. <BR><BR>Additionally, 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 substantial drop in profit after tax (PAT) by 35.4%. This underperformance, coupled with the stock trading below its moving averages, suggests a lack of investor confidence, contributing to the current decline in stock price.

Why is Ajax Engineering Ltd falling/rising?

As of 23-Mar, Ajax Engineering Ltd's stock price is at 452.40, down 4.01%, and has reached a new 52-week low. The company has reported negative results for three consecutive quarters, with significant declines in net sales and profit, contributing to a year-to-date return of -23.84%.

As of 23-Mar, Ajax Engineering Ltd's stock price is falling, currently at 452.40, which reflects a decrease of 18.9 or 4.01%. The stock has been on a downward trend, having lost 7.81% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Today, it reached a new 52-week low of Rs 450.5, indicating significant selling pressure.<BR><BR>The company's recent performance has been concerning, as it has declared negative results for the last three consecutive quarters. Specifically, net sales have fallen by 21.7% compared to the previous four-quarter average, and profit after tax has decreased by 35.4%. This poor financial performance contributes to the stock's decline, alongside a year-to-date return of -23.84%, which is significantly worse than the benchmark Sensex's decline of 14.70%.<BR><BR>Despite some positive long-term fundamentals, such as a strong return on equity and healthy growth rates in net sales and operating profit, the immediate outlook remains bleak due to the recent negative earnings reports and overall underperformance compared to broader market indices. The engineering sector, in which Ajax operates, has also seen a decline of 4.11%, further impacting investor sentiment.

Why is Ajax Engineering Ltd falling/rising?

As of 24-Mar, Ajax Engineering Ltd's stock price is rising to Rs 464.50 after a trend reversal, but it has significantly underperformed over the year with a decline of 21.25%. Despite today's gains and increased investor interest, the company has faced negative results in recent quarters, indicating ongoing challenges.

As of 24-Mar, Ajax Engineering Ltd's stock price is rising, currently at Rs 464.50, reflecting an increase of Rs 9.05 or 1.99%. This rise comes after a trend reversal where the stock gained after three consecutive days of decline. The stock touched an intraday high of Rs 464.85, indicating some positive momentum.<BR><BR>Despite this short-term increase, the stock has faced significant challenges over a longer period. It has underperformed against the benchmark Sensex, with a year-to-date decline of 21.80% compared to the Sensex's 13.09%. Additionally, the stock has generated a return of -21.25% over the past year, which is considerably lower than the broader market performance.<BR><BR>Today's performance also shows that the stock underperformed its sector by 0.26%. However, there is a notable increase in investor participation, with delivery volume rising by 879.26% compared to the 5-day average, suggesting a growing interest among investors despite the stock's overall negative performance in recent quarters.<BR><BR>The company has declared negative results for the last three consecutive quarters, with a significant drop in profit after tax and net sales, which are at their lowest levels. This underperformance in both the near and long term, combined with the stock's recent gains, presents a complex picture of Ajax Engineering Ltd's current market position.

Why is Ajax Engineering Ltd falling/rising?

As of 25-Mar, Ajax Engineering Ltd's stock price is falling at 460.00, down 4.2 (-0.9%). The stock has significantly underperformed the market, with a year-to-date decline of 22.56% and disappointing financial results contributing to a bearish trend.

As of 25-Mar, Ajax Engineering Ltd's stock price is falling, currently at 460.00, reflecting a change of -4.2 (-0.9%). The stock has underperformed significantly over various periods, with a year-to-date decline of 22.56% compared to a 11.67% drop in the Sensex. Over the past year, the stock has decreased by 24.19%, while the broader market has only seen a 3.52% decline.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being just 2.33% away from Rs 449.3. It has also underperformed its sector by 3.08%. Although the stock reached an intraday high of Rs 476.05, it remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend.<BR><BR>The company's recent financial results have been disappointing, with negative results reported for the last three consecutive quarters. The profit after tax for the latest quarter fell by 35.4% compared to the previous four-quarter average, and net sales were at their lowest at Rs 433.55 crore. This poor performance has contributed to the stock's decline, as it has consistently generated negative returns while also underperforming the BSE500 over the last three years, one year, and three months.<BR><BR>Despite some positive long-term fundamentals, such as a strong return on equity and healthy growth in net sales and operating profit, the recent negative financial results and overall underperformance have led to a decline in investor confidence, resulting in the stock's falling price.

Which are the latest news on Ajax Engineering?