Ajax Engineering Limited

Ajax Engineering Limited (AJAXENGG) is a small-cap Capital Goods company valued at ₹6,382 crore operating in Construction Vehicles on the NSE and BSE.

Recent price move

Ajax Engineering Limited last traded at ₹561.6, modestly down 0.53% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing revenue of ₹475 crore and net profit of ₹56 crore, up from ₹467 crore and ₹53 crore in the same quarter a year earlier. Promoter holding remained at 80.00%, while foreign institutional holding decreased by 0.98 percentage points and domestic institutional holding increased by 1.02 percentage points.

Financial performance

The company's annual revenue grew 1.4% to ₹2,103 crore, while annual net profit fell 13.4% to ₹225 crore. The latest quarter showed revenue rose 1.6% to ₹475 crore and net profit increased 4.9% to ₹56 crore, indicating some stability in the recent period despite the annual decline in profit.

Valuation multiples

The stock trades at 28.5 times earnings, 4.86 times book value.

Things to watch

The company's net profit margin narrowed 1.8 percentage points to 10.7%, and annual net profit declined 13.4% despite revenue growth. The stock is 13.5% below its 52-week high, and the latest quarter's net profit growth was modest at 4.9%.

Where it stands

Ajax Engineering Limited ended the latest quarter with revenue of ₹475 crore and net profit of ₹56 crore, showing a slight increase compared to the same quarter a year earlier. The most significant movement was the 13.5% drop in the stock price from its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.