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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 reported Q1 FY27 revenue of ₹474.6 Cr (+1.7% YoY) and PAT of ₹55.6 Cr (+5.2% YoY). Revenue growth was aided by price hikes and a favourable product mix, though lower volumes impacted overall profitability. SLCM retail market share rose to 75.1%, while Non-SLCM revenue (+6.4%) and Spares &...
Ajax Engineering delivered resilient FY26 results with revenue hitting ₹2,102.5 Cr and PAT at ₹225.1 Cr. Despite industry headwinds causing an 11% volume drop, Ajax’s SLCM volumes declined only 4%, outperforming rivals and maintaining 73.5% market leadership. Q4FY26 profitability rebounded sharply, fueled by cost optimization and a ~2% price hike....
Here's a concise summary for retail investors: **1. Business Performance:** Ajax Engineering navigated a challenging Q3 & 9M FY26, impacted by monsoon, new CEV-5 emission norms, and project delays. For 9M FY26, revenue saw a modest +2% YoY to ₹1,344.9 Cr, but Q3 revenue declined 21% YoY to ₹433.5 Cr....
Ajax Engineering saw robust Q2FY26 revenue growth of 48% YoY to ₹444.8 Cr, with H1FY26 revenue up 18% YoY to ₹911.3 Cr. This was primarily driven by a strong 55% surge in the Self-Loading Concrete Machine (SLCM) segment in Q2. However, profitability was impacted; gross margins and EBITDA margins contracted...
**Financial Highlights:** Q1 FY26 revenue was flat at **₹466.5 Cr**. EBITDA dropped 23% to **₹61.4 Cr**, and PAT fell 21% to **₹52.9 Cr**, with margins compressing. Management cited unseasonal rains, new emission norms, and slower project execution, expecting near-term margin pressure. Non-SLCM volumes grew 25% YoY. **Strategic Initiatives & Growth...