AJAX Engineering Ltd (AJAXENGG.NS)
Bengaluru, IN
Ajax Engineering, operating both domestically within India and across global markets, specializes in the production and sale of construction machinery. Its primary offerings include self-loading concrete mixers, concrete batching plants, and various concrete pumps. The company's comprehensive product lineup further extends to transit mixers, stationary pumps, boom pumps, self-propelled boom pumps, slip-form pavers, dumpers, and planetary and twin shaft mixers. These robust machines are integral to a wide array of infrastructure sectors, such as irrigation, railways, power generation, bridge construction, building and factory projects, and urban development. The firm, founded in 1992, is headquartered in Bengaluru, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.32% | +4.64% | +9.08% | +16.19% | -11.64% | -4.42% | -15.08% | -4.68% | -4.68% | -4.68% | -4.68% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 5 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Agricultural - Machinery: +5.1%+1.4% Q1'26: +0.3% (vs Q1'25)
-
EPS growth Agricultural - Machinery: +10.7%-13.5% Q1'26: +4.4% (vs Q1'25)
-
FCF margin FCF growth · Agricultural - Machinery: +31.2%+16.1% ★ Q1'26: -0.2% (vs Q1'25)
-
EBIT margin Agricultural - Machinery: +9.5%+12.2% ★ Q1'26: +14.9% (vs Q1'25)
-
ROIC Agricultural - Machinery: +7.1%+55.6% ★ Q1'26: +99.1% (vs Q1'25)
-
Share dilution Agricultural - Machinery: +0.0%+0.1% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Agricultural - Machinery: 0.00×0.01× ★ Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2025 actual |
Mar 2026 2 Rev. Ana. 1 EPS Ana. |
Mar 2027 2 Rev. Ana. 2 EPS Ana. |
Mar 2028 2 Rev. Ana. 2 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
20.74B
est: 20.41B (+1.6%)
|
20.00B
19.79B – 20.34B
-2.0% YoY
|
23.77B
21.96B – 26.56B
+18.9% YoY
|
27.54B
25.31B – 30.79B
+15.8% YoY
|
29.05B
29.05B – 29.05B
+5.5% YoY
|
| EBITDA |
3.18B
est: 3.09B (+2.9%)
|
3.03B
3.00B – 3.08B
-2.0% YoY
|
3.60B
3.33B – 4.02B
+18.9% YoY
|
4.17B
3.83B – 4.66B
+15.8% YoY
|
4.40B
4.40B – 4.40B
+5.5% YoY
|
| EBIT |
3.07B
est: 2.95B (+4.1%)
|
2.89B
2.86B – 2.94B
-2.0% YoY
|
3.44B
3.18B – 3.84B
+18.9% YoY
|
3.98B
3.66B – 4.45B
+15.8% YoY
|
4.20B
4.20B – 4.20B
+5.5% YoY
|
| Net Income |
2.60B
est: 2.65B (-1.9%)
|
2.15B
2.07B – 2.22B
-19.1% YoY
|
2.65B
2.42B – 2.98B
+23.3% YoY
|
3.46B
3.13B – 3.64B
+30.9% YoY
|
3.96B
3.58B – 4.60B
+14.4% YoY
|
| SGA |
1.10B
est: 828.10M (+32.3%)
|
811.22M
803.07M – 825.32M
-2.0% YoY
|
964.50M
890.97M – 1.08B
+18.9% YoY
|
1.12B
1.03B – 1.25B
+15.8% YoY
|
1.18B
1.18B – 1.18B
+5.5% YoY
|
| EPS |
22.73
est: 23.03 (-1.3%)
|
18.15
17.98 – 19.27
-21.2% YoY
|
23.00
21.04 – 25.91
+26.8% YoY
|
28.29
27.19 – 31.62
+23.0% YoY
|
34.63
31.08 – 39.92
+22.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-21 | A | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-20 | A | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-19 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-18 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.02% | 119.9K | 0.65% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Krishnaswamy Vijay | Executive Chairman & Whole-Time Director | 74M | male |
| Shubhabrata Saha | MD, Chief Executive Officer & Director | 65M | male |
| Jacob Jiten John | Whole-Time Director | 12M | male |
| Shruti Vishwanath Shetty | Company Secretary & Compliance Officer | 2M | female |
| Joseph J. Peeris | Chief People Officer & Corporate Affairs Officer | — | male |
| Arunesh Verma | National Head of B2B | — | male |
| Ganesh | Interim Chief Financial Officer | — | male |
| Anshul Joshi | Chief Planning & Strategy Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for AJAXENGG.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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