Ajax Engineering Ltd

Ajax Engineering Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ajax Engineering Ltd

₹ 619 -0.40%
10 Jun - close price
ajax-engg.com BSE: 544356 NSE: AJAXENGG
About

Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.[1]

Key Points

Leading Concrete Equipment Manufacturer[1]
The company offers a comprehensive range of concrete equipment, services, and solutions across the concrete application value chain. With over 110 equipment variants, it has sold 27,800+ units in India over the last 10 years.

Website BSE NSE
  • Market Cap ₹ 7,079 Cr.
  • Current Price ₹ 619
  • High / Low ₹ 757 / 549
  • Stock P/E 27.2
  • Book Value ₹ 101
  • Dividend Yield 0.00 %
  • ROCE 33.6 %
  • ROE 25.1 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 21.2% CAGR over last 5 years

Cons

  • Working capital days have increased from 57.0 days to 151 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Agricultural, Commercial & Construction Vehicles Construction Vehicles

Part of BSE IPO

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Quarterly Results

Figures in Rs. Crores

Dec 2023 Mar 2024 Sep 2024 Dec 2024 Mar 2025
399 657 301 548 756
333 548 262 460 645
Operating Profit 67 109 39 88 111
OPM % 17% 17% 13% 16% 15%
9 13 11 7 12
Interest 0 1 1 1 -2
Depreciation 3 3 3 3 3
Profit before tax 72 119 47 92 122
Tax % 26% 26% 28% 26% 26%
54 88 34 68 91
EPS in Rs 4.71 7.72 2.97 5.96 7.95
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
736 742 763 1,151 1,741 2,074
603 613 673 980 1,465 1,756
Operating Profit 133 129 91 171 276 318
OPM % 18% 17% 12% 15% 16% 15%
7 9 8 21 38 43
Interest 1 1 0 1 2 -1
Depreciation 8 8 8 9 10 11
Profit before tax 131 129 90 183 302 351
Tax % 24% 25% 27% 26% 25% 26%
100 97 66 136 225 260
EPS in Rs 19.68 22.73
Dividend Payout % 0% 0% 0% 0% 11% 0%
Compounded Sales Growth
10 Years: %
5 Years: 23%
3 Years: 40%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 21%
3 Years: 58%
TTM: 15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 25%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 3 3 3 11 11 11
Reserves 412 509 575 702 907 1,146
15 1 7 12 8 2
130 218 150 241 310 324
Total Liabilities 560 731 735 967 1,236 1,482
0 112 157 167 167 176
CWIP 1 1 7 6 17 21
Investments 201 81 296 495 625 656
358 537 274 299 426 630
Total Assets 560 731 735 967 1,236 1,482

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
131 72 85 185 207 43
-109 -7 -129 -193 -116 -35
-14 0 -0 -0 -25 -26
Net Cash Flow 8 65 -44 -9 66 -17

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 28 29 26 24 18 29
Inventory Days 108 186 115 76 65 62
Days Payable 62 101 39 71 60 54
Cash Conversion Cycle 74 115 102 29 24 37
Working Capital Days 38 57 47 13 8 151
ROCE % 27% 17% 28% 37% 34%

Shareholding Pattern

Numbers in percentages

Mar 2025
80.00%
5.95%
7.92%
6.14%
No. of Shareholders 1,52,056

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

No data available.

DRHP

Concalls