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AJAX Engineering Ltd

AJAX Engineering Ltd

AJAXENGG.NS
AJAX Engineering LtdIN flagNational Stock Exchange of India
596.50
INR
+6.10
- -
68.24BMarket Cap
AJAX Engineering Ltd
AJAXENGG.NS
(National Stock Exchange of India)

Recent

price

596.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
2026
TTM
FRC
66.6
100.5
152
181.24
- -
183.66
Revenue per Share
5.79
11.88
19.67
22.73
- -
19.67
Basic EPS, GAAP
6.13
14.64
16.09
1.68
- -
- -
Free Cash Flow per Basic Share
- -
- -
2.17
2.17
- -
- -
Dividend per Share
70.76
82.67
100.15
120.67
- -
1
Book Value per Share
50.24
62.11
80.05
101.02
- -
121.52
Tangible Book Value per Share
114
114
114
114
- -
114
Basic Weighted Avg Shares
7,620
11,498
17,396
20,739
21,025
21,025
Sales/Revenue/Turnover
10.81
14.11
15.29
14.81
12.15
12.15
Operating Margin (%)
82
86
103
109
104
104
Depreciation Expense
662
1,359
2,251
2,601
2,251
2,251
Net Income, GAAP
26.78
25.71
25.43
25.87
25.26
25.26
Effective Tax Rate (%)
8.69
11.82
12.94
12.54
10.71
10.71
Profit Margin (%)
4,050
5,114
6,623
9,229
10,960
10,960
Working Capital
- -
13
18
15
17
17
LT Debt
5,783
7,138
9,180
11,571
13,922
13,922
Total Equity
- -
18.41
24.06
21.88
14.97
14.97
Return on Invested Capital (%)
- -
15.38
21.47
20.53
32.29
32.28
Return on Capital (%)
- -
15.48
21.53
20.59
32.34
32.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1
- -
2
LT Borrowings
- -
- -
- -
LT Finance Leases
5
- -
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
114
- -
114
Market Capitalization
74,759
67,976
46,261

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
11,434
- -
14,396
Cash, Cash Equivalents & STI
6,768
- -
10,620
Accounts Receivable, Net
1,963
- -
1,787
Inventories
2,281
- -
1,652
Total Current Liabilities
1,945
- -
3,436
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
20.32%
Free Cash Flow
- -
- -
1,714.17%
Net Income, GAAP
- -
- -
-13.44%
Sales/Revenue/Turnover
- -
- -
1.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
17,396
2025
4,690
3,010
5,482
7,558
20,739
2026
4,665
4,448
4,335
7,577
21,025

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19.67
2025
5.85
2.97
5.95
7.95
22.73
2026
4.62
3.41
3.34
8.3
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.17
2025
- -
- -
- -
- -
2.17
2026
- -
- -
- -
- -
- -
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Business
AJAX Engineering Ltd operates primarily in the manufacturing and engineering sector, specializing in the design, development, and production of material handling equipment and bulk material handling systems. Its product portfolio includes a comprehensive range of bulk material handling equipment such as conveyors; vibratory feeders; feeders; hoppers; bins; and custom-engineered equipment tailored to customer specifications. The company serves industries including mining, cement, steel, power, and other heavy industrial sectors. AJAX Engineering operates mainly in India with a global outreach through exports. Founded in 1942 and headquartered in Mumbai, India, the company has a longstanding presence in the engineering space. Recently, AJAX Engineering has made strategic expansions to enhance its operational capabilities and product offerings. The company has formed new strategic alliances to expand its technology base and market reach. It has also undertaken acquisitions to strengthen its position in key markets and diversify its service portfolio. Furthermore, AJAX has launched new equipment lines focusing on advanced automation and energy-efficient systems tailored for bulk material handling, demonstrating a shift towards integrating more technologically advanced solutions in its core offerings. These moves underline AJAX Engineering's commitment to expanding its operational scale and market penetration while continuing to innovate within its traditional engineering domain. AJAX Engineering Ltd thus positions itself as a leading provider of bulk material handling solutions with a robust product range, solid industrial market focus, an emphasis on innovation, and strategic growth initiatives that sustain its industry presence and competitive edge.