Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.Leading Concrete Equipment Manufacturer 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...
Ajax Engineering's FY26 revenue hit ₹2,103 Cr (+1%). Full-year EBITDA fell to ₹266 Cr (-16%) due to new product standard costs. Q4 showed strong recovery: EBITDA up 4% to ₹115 Cr, with margins at 15.1% (+40bps) from efficiencies & pricing. SLCM market share regained 73.5%.
Ajax Engineering's 9M FY26 revenue grew 2% to ₹1,345 Cr, led by non-SLCM (+4.5%) and Spares/Services (+14%). Q3 revenue fell 20.9% to ₹434 Cr due to monsoon and new emission norms, impacting Q3 EBITDA (₹48 Cr) and PAT (₹38 Cr). Company expects margin recovery in FY27.
Ajax Engineering saw Q2 revenue jump 48% to ₹445 Cr, H1 up 18% to ₹911 Cr, fueled by contract deliveries and SLCM leadership. Q2 PAT rose 15% to ₹39 Cr. Margins were impacted by emission norm transitions, but H2 profitability is anticipated to improve. New plant commissioning is on track.
Ajax Engineering reported Q1 FY26 financial results, with revenue at ₹466 Cr and PAT at ₹53 Cr. Margins were impacted by the full transition to CEV-5 compliant products and muted industry demand. Despite this, non-SLCM volumes grew 25% YoY, and SLCM revenue was stable at ₹385 Cr. The company remains...
