| 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
- ₹559.65
- Market cap
- ₹6,403 Cr
- Revenue (annual)
- ₹2,103 Cr
- Net profit (annual)
- ₹225.1 Cr
- P/E (TTM)
- 26.7×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.