Ajax Engineering Earnings Call Transcript: Key Takeaways
Q2 revenue +9.5% and PAT +30.4%, but H1 growth is price-aided and EBITDA margin slipped to 11.5%. Management hedges on H2 recovery and margins amid a steel cost surge; spares fell 4.7% in Q2.
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Q2 revenue +9.5% and PAT +30.4%, but H1 growth is price-aided and EBITDA margin slipped to 11.5%. Management hedges on H2 recovery and margins amid a steel cost surge; spares fell 4.7% in Q2.
Ajax Engineering Ltd reported revenue from operations of ₹487 Cr (+9.5% YoY) and net profit of ₹50.9 Cr (+30.2% YoY) for Q2 FY27.
Ajax Engineering schedules a 6 November 2026 board meeting for unaudited quarterly and half-year statements. The trading window stays closed until results are announced.
Ajax Engineering filed its quarterly shareholding pattern as of 30 September 2026 under Regulation 31(1)(b). It is a periodic compliance statement with no transaction, money or corporate event.
AJAX Engineering Ltd submitted its quarterly shareholding pattern as per SEBI Regulation 31(1)(b) for the quarter ended September 30, 2026.
Ajax Engineering Limited successfully conducted its 34th Annual General Meeting on September 28, 2026, transacting ordinary and special business items, including adopting audited financial statements.
Ajax Engineering appointed Shishir Joshipura as Non-Executive Independent Director for a 60-month term. The board approved this change on September 17, 2026.
Ajax Engineering appointed Mr. Shishir Joshipura as an Additional Director, effective September 17, 2026. This decision was ratified during the company's recent board meeting.
Ajax Engineering's CFO, Ketan Pendse, has resigned from his position effective September 7, 2026, for personal reasons. The company has acknowledged his contribution.
Ajax Engineering Limited filed its Annual Report for FY 2025-26 and the notice for its 34th AGM scheduled for September 28, 2026.
Ajax Engineering Limited has scheduled its 34th Annual General Meeting for September 28, 2026, to be conducted via video conferencing.
Ajax Engineering Limited has allotted 4,516 equity shares to an employee under its Employee Stock Option Plan 2024.
Ajax Engineering Limited announced the results of its Postal Ballot. Shareholders approved the appointment of Mr. Sachin Rajkumar Nandgaonkar as a Non-Executive Nominee Director.
Ajax Engineering reported Q1 FY27 revenue of ₹474.6 Crore and Profit After Tax of ₹55.6 Crore. The company demonstrated resilience amidst a soft industry demand environment.
Q1 FY27 revenue grew marginally by 1.7% to ₹4,746 mn with PAT up 5.2%. Strategy focuses on maintaining SLCM leadership (75.1% market share) and expanding non-SLCM segments.
Ajax Engineering appointed Mr. A.N. Sriram as Cost Auditor for the financial year 2026-27. The appointment follows a board meeting held on August 5, 2026.
Ajax Engineering Ltd reported revenue from operations of ₹474.6 Cr (+1.7% YoY) and net profit of ₹55.6 Cr (+5.1% YoY) for Q1 FY27.
Ajax Engineering Limited will hold a board meeting on August 5, 2026, to approve the company's unaudited financial results for the quarter ended June 30, 2026.
The company filed its quarterly shareholding pattern for the period ended June 30, 2026, in compliance with Regulation 31(1)(b) of the SEBI LODR Regulations.
Ajax Engineering Limited has issued a Postal Ballot Notice to shareholders for approving the appointment of Mr. Sachin Rajkumar Nandgaonkar as a Non-Executive Nominee Director. The voting will be conducted electronically from July 9 to August 7, 2026.
Ajax Engineering appointed PKF Sridhar & Santhanam LLP as Internal Auditor for 12 months. This follows the tenure completion of PricewaterhouseCoopers Private Limited.
Ajax Engineering's Board appointed PKF Sridhar & Santhanam LLP as internal auditor for FY2026-27. The prior auditor's term ended March 31, 2026.
Ajax Engineering appointed Mr. Ketan Pendse as CFO following the resignation of interim CFO Mr. Ganesh B J. The leadership transition ensures continuity in financial governance.
Ajax Engineering Limited appointed Mr. Ketan Pendse as CFO following the resignation of Interim CFO Mr. Ganesh B J. The leadership transition is effective June 2, 2026.
Ajax Engineering Limited filed its Annual Secretarial Compliance Report for FY 2025-26. The auditor noted a procedural lapse in a related party transaction with no penalty.
Ajax Engineering reported FY26 revenue of ₹2,103cr with 12.6% EBITDA margins. The company maintained its SLCM market leadership (73.5%) despite emission norm transitions and slower government capex spending.
Ajax Engineering appointed Sachin Nandgaonkar as Nominee Director while Jacob Jiten John resigned as Executive Director. These leadership transitions were approved during the board meeting.
Ajax Engineering reported FY26 revenue of ₹2,103 Crore despite challenging conditions. Q4 EBITDA margins improved to 15.1% driven by operational efficiencies and pricing actions.
AJAX Engineering reported FY26 revenue of ₹21,025 Mn (+1% YoY) and PAT of ₹2,251 Mn (-13% YoY). Market leadership maintained at 73.5% in SLCM segment despite industry headwinds.
Ajax Engineering Ltd reported revenue from operations of ₹757.7 Cr (+0.3% YoY) and net profit of ₹95 Cr (+4.5% YoY) for Q4 FY26.