| Revenue growth | ₹2,103cr in FY26, representing modest growth over previous year. |
|---|---|
| Margins | EBITDA margins declined to 12.6% in FY26 due to cost increases. |
| Demand visibility | Near-term challenges in state spending; H2 expected to be stronger. |
| Management confidence | High confidence in long-term infra sector growth and brand resilience. |
Growth
FY26 revenue grew marginally to ₹2,103cr from ₹2,074cr. Q4 revenue was flat at ₹758cr; EBITDA margin stood at 15.1%.
Outlook
Management targets mid-teen revenue growth and 13-15% margins in the medium term, supported by Udaan volumes and exports.
Risks
Near-term headwinds include slower government infra spending, payment delays in key states, and increased production costs from CEV5 norms.
Earnings Call filed with NSE, 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.
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