| 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
- ₹607.75
- Market cap
- ₹6,953 Cr
- Revenue (annual)
- ₹2,103 Cr
- Net profit (annual)
- ₹225.1 Cr
- P/E (TTM)
- 30.5×Sector 33.6×
- Promoter holding
- 80.00%+0.00% QoQ
- FII holding
- 4.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ajax Engineering Ltd
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Ajax Engineering appointed Shishir Joshipura as Non-Executive Independent Director for a 60-month term. The board approved this change on September 17, 2026.
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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.
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Ajax Engineering Annual General Meeting
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Ajax Engineering Investor Presentation: Key Takeaways
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.