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Discovery themes featuring this stock
Investor Presentation
Q1 FY27
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Q4 FY26
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Q3 FY26
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Q2 FY26
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Q1 FY26
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Q4 FY25
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Q3 FY25
Discovery themes featuring this stock
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
2015.00 | 16,766 Cr | 93.96 | 5.72 | 0.85 | 4.82 | 5.89 | 2.55 | ||
1204.95 | 14,349 Cr | 32.84 | 7.11 | 0.00 | 20.64 | 28.67 | 13.44 | ||
568.65 | 6,471 Cr | 28.40 | 4.65 | 0.00 | 16.17 | 21.63 | 13.01 | ||
251.65 | 2,059 Cr | -70.27 | 16.72 | 0.00 | -22.78 | 2.27 | -4.26 | ||
80.00 | 156 Cr | 15.08 | 1.35 | 1.25 | 8.95 | 10.90 | 3.61 | ||
665.00 | 150 Cr | 31.11 | 2.83 | 0.00 | 10.53 | 14.08 | 6.94 | ||
108.95 | 126 Cr | 13.98 | 1.71 | 0.00 | 11.46 | 11.84 | 4.21 | ||
| Median: 7 Co. | — | 568.65 | 2,059 Cr | 28.40 | 4.65 | 0.00 | 10.53 | 11.84 | 4.21 |
Ajax Engineering Limited manufactures self-loading concrete mixers (SLCMs), concrete batching plants, pumps, slip-form pavers and related concrete-equipment across India and through international distributors, serving infrastructure, irrigation, renewable energy, railways and real estate projects with an integrated product and after-sales platform.
Ajax retains dominant leadership in SLCMs with ~73% market share by units sold and 32.9k concrete equipment sold in the last decade, supported by a wide dealer network of 65+ domestic dealers, 27 international distributors across 54 countries, and a materially increasing non‑SLCM portfolio.
Q3 and 9M FY26 showed revenue stability on a YTD basis but margin pressure: 9M revenue grew 2% to ₹1,344.9 crore while adjusted EBITDA fell 26% to ₹154.4 crore, driven by higher production costs of CEV‑5 machines, product mix, and one‑time marketing spends that management expects to correct via calibrated pricing and operating leverage in FY27.
Ajax maintains strong historical return ratios and a solid liquidity position (including market investments reported around ₹810 crore on the call), while pursuing an incremental manufacturing facility and measured commercial rollout of new models such as UDAAN and CEV‑5 to broaden addressable markets.
Innovation is a clear differentiator: Ajax has developed Load Cell SLCMs (recognized by Legal Metrology), the only domestically developed slip‑form paver, self‑propelled boom pumps and a commercial 3D concrete printer, indicating a product-led strategy to capture mechanization trends in India’s construction sector.
Agricultural, Commercial & Construction Vehicles
Construction Vehicles
6,465 Cr
Moderate Risk
28.4
24.5
1.4
4.7
696.50
395.65
Sales CAGR
Profit CAGR
ROE
ROCE
Ajax Engineering Ltd (AJAXENGG) is currently trading at 565.05 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Ajax Engineering Limited manufactures self-loading concrete mixers (SLCMs), concrete batching plants, pumps, slip-form pavers and related concrete-equipment across India and through international distributors, serving infrastructure, irrigation, renewable energy, railways and real estate projects with an integrated product and after-sales platform. Ajax retains dominant leadership in SLCMs with ~73% market share by units sold and 32.9k concrete equipment sold in the last decade, supported by a wide dealer network of 65+ domestic dealers, 27 international distributors across 54 countries, and a materially increasing non‑SLCM portfolio. Q3 and 9M FY26 showed revenue stability on a YTD basis but margin pressure: 9M revenue grew 2% to ₹1,344.9 crore while adjusted EBITDA fell 26% to ₹154.4 crore, driven by higher production costs of CEV‑5 machines, product mix, and one‑time marketing spends that management expects to correct via calibrated pricing and operating leverage in FY27. Ajax maintains strong historical return ratios and a solid liquidity position (including market investments reported around ₹810 crore on the call), while pursuing an incremental manufacturing facility and measured commercial rollout of new models such as UDAAN and CEV‑5 to broaden addressable markets. Innovation is a clear differentiator: Ajax has developed Load Cell SLCMs (recognized by Legal Metrology), the only domestically developed slip‑form paver, self‑propelled boom pumps and a commercial 3D concrete printer, indicating a product-led strategy to capture mechanization trends in India’s construction sector.
Over the past 52 weeks, Ajax Engineering Ltd has traded between a low of ₹395.65 and a high of ₹696.50. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Ajax Engineering Ltd has a market capitalization of approximately 6,471.10. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Ajax Engineering Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 28.40 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 6,471.10 Cr, Ajax Engineering Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Ajax Engineering Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Ajax Engineering Ltd is 28.40. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The price band was ₹599 to ₹629 per share, with ₹629 cited as the upper band and issue price in multiple parts of the provided data.
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