| Revenue growth | FY26 growth of 1% YoY; exports grew 39%. |
|---|---|
| Margins | Q4 margins rebounded to 15.1% via cost optimization and price hikes. |
| Demand visibility | Near-term challenges due to slow project execution and payment delays. |
| Management confidence | Confident in long-term infrastructure needs and mechanized construction shift. |
Growth
FY26 Revenue up 1%, EBITDA down 16% to ₹2,658 Mn; Q4FY26 Revenue flat YoY at ₹7,577 Mn.
Outlook
New facility at Adinarayanahosahalli expected operational H1FY27; focus on non-SLCM portfolio and exports (39% growth).
Risks
Lower government capex spending, delayed payments to contractors, and cost pressures from CEV-V emission norm transition.
Earnings Call filed with BSE, NSE: AJAXENGG. Summary written with AI assistance from the document.
Ajax Engineering Ltd: key numbers
- Share price
- ₹554.50
- Market cap
- ₹6,344 Cr
- Revenue (annual)
- ₹2,103 Cr
- Net profit (annual)
- ₹225.1 Cr
- P/E (TTM)
- 26.5×Sector 32.5×
- Promoter holding
- 80.00%+0.00% QoQ
- FII holding
- 4.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ajax Engineering Ltd
All →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.
Ajax Engineering Q2 FY27 Results: Net Profit ₹50.9 Cr, Up 30.2% YoY
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.
- Key figure
- Net profit ₹50.9 Cr · +30.2% YoY
Ajax Engineering Board Meeting Date
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 Other Announcement
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 Other Announcement
AJAX Engineering Ltd submitted its quarterly shareholding pattern as per SEBI Regulation 31(1)(b) for the quarter ended September 30, 2026.
Ajax Engineering Annual General Meeting
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.