Ajax Engineering Limited — Updates, 02-08-2025: Press Release

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 debt-free with healthy cash. Future momentum is expected from H2 FY26, driven by the new Adinarayanahosahalli plant commissioning and expanded B2B presence in top metros.