AJAX Engineering Limited
Ajax Engineering Limited manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally. The company also offers transit mixers, stationary concrete pumps, boom pumps, self-propelled boom pumps, 3D concrete printers, and slip-form pavers, as well as dumpers, planetary mixers, and twin shaft mixers. It serves roadways, waterways, irrigation, renewable energy, railways, residential/commercial, airports, and urban infrastructure sectors. Ajax Engineering Limited was incorporated in 1992 and is headquartered in Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 18.8%
Concerns1
- Negative free cash flow (βΉ17 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 6 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.07 K Cr | β | βΉ260.00 Cr | β | β | 22.5% | 19.1% | 15.6% |
| Mar 2024 | βΉ1.74 K Cr | β | βΉ225.00 Cr | β | β | 24.5% | 51.3% | 65.4% |
| Mar 2023 | βΉ1.15 K Cr | β | βΉ136.00 Cr | β | β | 19.1% | 50.9% | 106.1% |
| Mar 2022 | βΉ763.00 Cr | β | βΉ66.00 Cr | β | β | 11.4% | 2.8% | -32.0% |
| Mar 2021 | βΉ742.00 Cr | β | βΉ97.00 Cr | β | β | 18.9% | 0.8% | -3.0% |
| Mar 2020 | βΉ736.00 Cr | β | βΉ100.00 Cr | β | β | 24.1% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,215 |
| Total Expenses | 1,910 |
| EBIT / Operating Profit | 306 |
| OPM % | 14% |
| Other Income | 41 |
| Finance Costs | -2 |
| Depreciation & Amortisation | 11 |
| Profit Before Tax | 337 |
| Tax % | - |
| Net Profit / PAT | 251 |
| EPS (βΉ) | 21.95 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| AJAX Engineering Limitedthis co. | βΉ6.58 K Cr | βΉ2.07 K Cr | 26.20 | 5.28 | 20.71 | 19.1% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |