Ajax Engineering Limited — Investor Meet, 27-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

AJAX Engineering delivered resilient FY26 results with revenue at ₹2,103 Cr and EBITDA at ₹266 Cr (12.6% margin), navigating industry slowdown. Q4 saw a strong rebound: revenue ₹758 Cr, EBITDA ₹115 Cr (15.1% margin), supported by a 2% price hike. SLCM market share recovered to 73.5%. Management anticipates mid-to-early double-digit growth for FY27, targeting 2-3x Udaan volumes and 20-25% export growth. Cash balance is robust at ₹1,121 Cr. Long-term outlook remains confident, but near-term caution due to macro headwinds.