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AJAX Engineering Ltd

AJAX Engineering Ltd

AJAXENGG Share Price

NSE
₹559.951.79% (+9.85)
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Construction & Engineering

With a market cap of ₹6,406 cr, stock is ranked 753

Stock is 2.65x as volatile as Nifty

AJAXENGG Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Construction & Engineering

With a market cap of ₹6,406 cr, stock is ranked 753

Stock is 2.65x as volatile as Nifty

AJAXENGG Performance & Key Metrics

AJAXENGG Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
28.124.60—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
43.655.700.85%

AJAXENGG Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

AJAXENGG Company Profile

AJAX Engineering Ltd manufactures self-loading concrete mixers, batching plants, and concrete pumps, providing equipment and after-sales services for construction projects across various sectors.

Investor Presentation

View older View older 

Aug 5, 2026

PDF
View Older Presentations

AJAXENGG Similar Stocks (Peers)

Compare with peers Compare with peers 

AJAXENGG Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
31.27
31.27
1Y Return
0.18%
0.18%
Buy Reco %
85.71
85.71
PE Ratio
385.18
385.18
1Y Return
0.75%
0.75%
Buy Reco %
88.89
88.89
PE Ratio
40.42
40.42
1Y Return
51.67%
51.67%
Buy Reco %
100.00
100.00
PE Ratio
31.80
31.80
1Y Return
31.78%
31.78%
Buy Reco %
100.00
100.00
PE Ratio
23.06
23.06
1Y Return
24.63%
24.63%
Buy Reco %
100.00
100.00
Compare with Peers

AJAXENGG Sentiment Analysis

AJAXENGG Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

AJAXENGG Stock Summary · August 2026

Management described a quarter of modest growth in a difficult operating backdrop, with revenue rising 1.7% year on year to INR475 crores even as volumes softened. The mix, a price increase taken in Q4 FY26, and stronger non-SLCM and spares/services sales helped offset weakness, while EBITDA slipped to INR59 crores and margin narrowed by 70 basis points to 12.5% because lower volumes hurt operating leverage. A central message was that share gains continued despite a softer market: SLCM and retail share rose to 75.1% from 69% a year ago, supported by lead management, product readiness and service strength, even as industry registrations fell 27%. Management remained constructive on India’s long-term infrastructure demand, but said actual spending, project execution and state-level payment delays are still suppressing near-term orders. The application mix is shifting toward urban and building work, exports are gaining traction, and the balance sheet remains strong with cash above INR1,100 crores. Near term, management said Q2 should stay difficult, achieving 12% to 12.5% margins will be challenging, and conditions may improve more meaningfully in Q3, with visibility better by mid-September.

AJAXENGG Stock Growth Drivers
AJAXENGG Stock Growth Drivers
8
  • Infrastructure-led long-term demand outlook

    Management remains constructive on the multi-year demand environment for concrete equipment and AJAX, driven by

  • Strong competitive execution and market share gains

    AJAX continued to strengthen its competitive position through disciplined execution, operational excellence, product quality, service

AJAXENGG Stock Challenges
AJAXENGG Stock Challenges
6
  • Weak Government Spending and Contractor Cash-Flow Stress

    Near-term infrastructure activity remains under pressure because actual government spending has continued to lag budgeted

  • Rising Input Costs and Margin Pressure

    Profitability is being squeezed by a more difficult cost environment, led by higher fuel and

AJAXENGG Forecast

AJAXENGG Forecasts

Price

Revenue

Earnings

AJAXENGG

AJAXENGG

Income

Balance Sheet

Cash Flow

AJAXENGG Income Statement

AJAXENGG Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue669.95481.77312.38555.08767.49479.11454.90446.81770.89492.79
Operating & Other expensessubtract547.98388.84261.91460.12644.91405.13399.55392.15643.01415.46
Depreciation/Amortizationsubtract2.572.632.652.832.822.982.662.861.882.83
Interest & Other Itemssubtract0.630.470.530.56-2.430.070.070.090.050.20
Taxes & Other Itemssubtract30.5022.8513.2623.4531.2318.0713.5513.4731.0018.70
EPS7.725.862.975.957.954.623.413.348.304.86

AJAXENGG Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 5PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 18PDF
Feb 12PDF
Nov 13PDF
Aug 2PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 27PDF
Mar 10PDF
 

AJAXENGG Stock Peers

AJAXENGG Past Performance & Peer Comparison

AJAXENGG Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
AJAX Engineering Ltd28.164.60—
Larsen and Toubro Ltd31.274.220.96%
GMR Airports Ltd (India)385.18-65.9510.43%
Cemindia Projects Ltd40.4210.070.21%
ScreenerCompare valuation on Screener

AJAXENGG Stock Price Comparison

Compare AJAXENGG with any stock or ETF
Compare AJAXENGG with any stock or ETF
AJAXENGG
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AJAXENGG Holdings

AJAXENGG Shareholdings

AJAXENGG Promoter Holdings Trend

AJAXENGG Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

AJAXENGG Institutional Holdings Trend

AJAXENGG Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

AJAXENGG Shareholding Pattern

AJAXENGG Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding80.00%7.41%3.79%4.07%4.74%

Dec 2025

Mar 2026

Jun 2026

Sep 2026

AJAXENGG Shareholding History

AJAXENGG Shareholding History

JunSepDec '25MarJunSep6.46%6.51%6.15%5.65%4.67%4.07%

Mutual Funds Invested in AJAXENGG

Mutual Funds Invested in AJAXENGG

No mutual funds holding trends are available

Top 5 Mutual Funds holding AJAX Engineering Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.3120%0.58%0.14%88/100 (-5)
1.1225%0.17%0.01%58/80 (+2)
0.7100%0.48%-0.00%114/188 (-4)

Compare 3-month MF holding change on Screener

AJAXENGG Insider Trades & Bulk Stock Deals

AJAXENGG Insider Trades & Bulk Stock Deals

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smallcases containing AJAXENGG stock

smallcases containing AJAXENGG stock

Looks like this stock is not in any smallcase yet.

AJAXENGG Events

AJAXENGG Events

AJAXENGG Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

AJAXENGG Dividend Trend

No dividend trend available

AJAXENGG Dividends

AJAXENGG Dividends

Hmm, looks like data is unavailable here. Please come back after some time

AJAXENGG Stock News & Opinions

AJAXENGG Stock News & Opinions

Corporate
Corporate
Ajax Engineering confirms no demat requests received in latest quarterly filing

Ajax Engineering Limited, formerly known as Ajax Engineering Private Limited, submitted a certificate to the BSE Limited and National Stock Exchange of India Limited on October 13, 2026, confirming that no demat requests were received for processing during the quarter ended September 30, 2026, as all shares are held in electronic mode, according to a filing by MUFG Intime India Private Limited, the company’s registrar and share transfer agent.

3 weeks agoCapital Market - Live
Corporate
Corporate
Ajax Engineering closes trading window for insiders ahead of quarterly results review

Ajax Engineering Limited informed the BSE Limited and National Stock Exchange of India Limited that the trading window for dealing in securities of the company will remain closed for designated persons, their immediate relatives, and connected persons from October 1, 2026, until 48 hours after the board meeting to consider the unaudited financial results for the quarter ended September 30, 2026, with the board meeting date to be announced later.

1 month agoCapital Market - Live
Corporate
Corporate
Ajax Engineering Limited’s board appointed Shishir Joshipura as an additional director

Ajax Engineering Limited said its board appointed Shishir Joshipura (DIN: 00574970) as an additional director, subject to shareholder approval, at a meeting held September 17, 2026. Joshipura, who has over 42 years of experience in engineering, manufacturing, and capital goods, previously served as CEO & MD of Praj Industries and CEO of SKF India, and holds a B.E. in Mechanical Engineering from BITS Pilani and an Advanced Management Program from Harvard Business School.

1 month agoCapital Market - Live
Corporate
Corporate
Ajax Engineering appoints Shishir Joshipura as Additional Director, pending shareholder approval

Ajax Engineering Limited announced that its board of directors appointed Mr. Shishir Joshipura (DIN: 00574970) as an Additional Director (Non-executive and Independent Director) on September 17, 2026, subject to shareholder approval. Mr. Joshipura brings over 42 years of experience in engineering, manufacturing, and capital goods, previously serving as CEO & MD of Praj Industries and CEO of SKF India, and holds a B.E. in Mechanical Engineering from BITS Pilani and an Advanced Management Program from Harvard Business School.

1 month agoCapital Market - Live
Corporate
Corporate
Ajax Engineering Limited announces CFO Ketan Pendse's resignation, effective September 7, 2026

Ajax Engineering Limited informed the BSE Limited and National Stock Exchange of India that Ketan Pendse resigned as Chief Financial Officer and Key Managerial Personnel, effective September 7, 2026, due to personal reasons.

1 month agoCapital Market - Live
Corporate
Corporate
Ajax Engineering Limited’s board approved allotment of shares under its employee stock option plan

Ajax Engineering Limited, formerly known as Ajax Engineering Private Limited, announced that its board of directors approved the allotment of 4,516 equity shares of Rs 1 each to an eligible employee under the ‘Ajax Engineering Limited (Formerly known as Ajax Engineering Private Limited) Employee Stock Option Plan 2024’ on August 26, 2026, increasing the company's paid-up share capital from Rs 11,44,06,800 to Rs 11,44,11,316.

2 months agoCapital Market - Live
Corporate
Corporate
Ajax Engineering’s revenue rose 1.7% to Rs 4,746 million, with SLCM market share at 75.1%

Ajax Engineering Limited, a leading Concrete Equipment manufacturer in India, announced its unaudited financial results for the quarter ended June 30, 2026, reporting total revenue from operations of Rs 4,746 million, a 1.7% increase compared to Rs 4,665 million in the prior year’s quarter. The company’s retail market share in the Self-Loading Concrete Mixer (SLCM) segment increased to 75.1% in Q1 FY27 from 69% in Q1 FY26, supported by price hikes and a favorable product mix, while profit after tax was Rs 556 million, up 5.2% year-on-year. Managing Director & Chief Executive Officer Shubhabrata Saha noted that India's infrastructure sector faces near-term headwinds, but the company maintains a cash balance exceeding Rs 11,000 million.

2 months agoCapital Market - Live
Corporate
Corporate
Ajax Engineering's board will meet August 5 to review financial results and trading window

Ajax Engineering Limited will hold a board meeting on Wednesday, August 5, 2026, to approve the unaudited financial statements for the quarter ended June 30, 2026, and the trading window for the company’s securities remains closed until 48 hours after the announcement of those results, following a closure that began on July 1, 2026.

3 months agoCapital Market - Live
Corporate
Corporate
Ajax Engineering's board will meet August 5 to review financial results and trading window

Ajax Engineering Limited will hold a board meeting on Wednesday, August 5, 2026, to approve the unaudited financial statements for the quarter ended June 30, 2026, and the trading window for the company’s securities remains closed until 48 hours after the announcement of those results, following a closure that began on July 1, 2026.

3 months agoCapital Market - Live
Corporate
Corporate
Ajax Engineering director resigns

Ajax Engineering announced that Rajan Wadhera (DIN: 00416429) has resigned as Non-Executive, Independent Director of the Company, with effect from close of business hours of 18 June 2026.

4 months agoCapital Market - Live

Frequently asked questions

  1. The share price of AJAXENGG as on 4th November 2026 is ₹559.95. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of AJAX Engineering Ltd (AJAXENGG) share are
    • Past 1 week: 3.32%
    • Past 1 month: -5.49%
    • Past 3 months: -5.89%
    • Past 6 months: 5.28%
    • Past 1 year: -6.57%
    • Past 3 years: N/A%
    • Past 5 years: -6.15%

  3. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of AJAX Engineering Ltd (AJAXENGG) is ₹6406.46 Cr as of 4th November 2026.

  4. The 52-week high of AJAX Engineering Ltd (AJAXENGG) is ₹678 and the 52-week low is ₹394.80.

  5. The P/E (price-to-earnings) ratio of AJAX Engineering Ltd (AJAXENGG) is 28.16. The P/B (price-to-book) ratio is 4.60.

  6. AJAX Engineering Ltd (AJAXENGG) belongs to the Industrials sector & Construction & Engineering sub-sector.

  7. You can directly buy AJAX Engineering Ltd (AJAXENGG) shares on Tickertape. Simply sign up, connect your demat account and place your order.