555.40
-0.22%
Close of 9 Nov 2026, in INR
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About AJAX Engineering
Its shares trade on NSE under the ticker AJAXENGG.NS. It has been listed since 17 February 2025. In the fiscal year to 31 March 2026, it reported revenue of ₹21.03bn and net income of ₹2.25bn. At that date it held total assets of ₹17.52bn and shareholders' equity of ₹13.92bn.
Ajax Engineering Ltd. engages in the manufacture and supply of self-loading mobile concrete mixers, concrete batching plants, and dumper placers. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2025-02-17. The firm is in the business of manufacturing self-loading concrete mixers, concrete batching plants and concrete pumps, being used across various sectors. The firm has developed a product portfolio that includes equipment such as self-loading concrete mixers (SLCMs) and batching plants to produce concrete, transit mixers for the transportation of concrete, boom pumps, concrete pumps and self-propelled boom pumps for the placement of concrete, slip-form pavers for the paving of concrete and three-dimension (3D) concrete printers for depositing concrete. The company also provides spare parts for the equipment and facilitate the provision of after-sales service by dealers. Its products and solutions include Self Loading Concrete Mixer, Batching Plants, Pavers, Transit Mixers, Dumpers, Boom Pumps, and Stationary pumps. Its tunnel dumpers product includes ARGO 2000DM and ARGO 4000DM. Its Pavers products include SPX 745 and SPX 1024.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 17 Feb 2025
- Employees
- 443
- Website
- ajax-engg.com ↗
Leadership
Pay as last reported
- Mr. Krishnaswamy VijayExecutive Chairman of the Board, since 1992₹47.5m
- Mr. Shubhabrata SahaChief Executive Officer, Managing Director, since 2022₹55.7m
- Mr. Tuhin BasuChief Financial Officer
- Ms. Shruti ShettyCompany Secretary, Compliance Officer₹1.4m
- Mr. Jacob JohnWhole Time Director, since 2011₹17.8m
- Mr. Parin MehtaNon-Executive Director
- Mr. Doddaballapur AchutaraoIndependent Director₹2.4m
- Mr. Raghavan SadagopanAdditional Independent Director
- Ms. Jayashree SatagopanIndependent Director
- Mr. Rajan WadheraIndependent Director₹2.2m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Self-loading mobile concrete mixers are a key product for the company.
- Concrete batching plants support diverse construction sector applications effectively.
- ARGO 2000DM tunnel dumpers offer specialized mining solutions.
Weaknesses
- Only 443 employees limit large-scale operational capacity significantly.
- Bangalore headquarters location restricts immediate geographic market expansion.
- Listing on 17 February 2025 indicates a very young public history.
Opportunities
- Boom pumps can capture growth in high-rise building projects.
- 3D concrete printers represent an emerging technological innovation segment.
- After-sales service by dealers enhances customer retention rates.
Threats
- Reliance on the Indian market creates regional economic vulnerability.
- New competitors may enter the machinery manufacturing sector quickly.
- Fluctuating raw material costs impact production margins negatively.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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