Ajax Engineering Limited is a leading Indian company specializing in the manufacturing of self-loading concrete mixers (SLCMs), concrete batching plants, and related concrete equipment used in various sectors.

The company has demonstrated significant growth, with a 48% Y-o-Y revenue increase for Q2 FY26 driven by substantial large contract deliveries, highlighting its operational scale and capability.

Ajax has maintained a robust market leadership position in the SLCM segment, which is complemented by its diverse non-SLCM offerings, addressing a wide variety of infrastructure needs.

Despite challenges such as changing emission norms impacting production costs, Ajax anticipates improvement in margins due to cost optimization and price adjustments in the latter half of FY26.

Strategically, Ajax is leveraging technology-led assembly and innovative R&D, exemplified by its development of a 3D Concrete Printing Machine and in-house slip-form pavers, fortifying its market presence.