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AJAX Engineering AJAXENGG.NS · INR

Industrials · NSE · 🇮🇳 India

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555.40

-0.22%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹21.03bn

FY2021FY2026

Net income

₹2.25bn

FY2021FY2026

Free cash flow

₹3.59bn

FY2021FY2026

Shareholders' equity

₹13.92bn

FY2021FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021
Revenue₹21.03bn₹20.74bn₹17.41bn₹11.50bn₹7.62bn₹7.42bn
Gross profit₹4.06bn₹5.62bn₹4.65bn₹3.22bn₹2.14bn₹2.39bn
Research and development—₹4.7m₹5.4m₹4.8m₹5.4m₹3.9m
Operating income₹3.02bn₹3.11bn₹2.65bn₹1.62bn₹823.8m₹1.76bn
Net income₹2.25bn₹2.60bn₹2.25bn₹1.36bn₹662.1m₹973.9m
Diluted earnings per share19.5622.5819.5611.825.758.46

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021
Total assets₹17.52bn₹14.82bn₹12.36bn₹9.67bn₹7.35bn₹7.31bn
Cash and short-term investments₹10.51bn₹6.95bn₹6.33bn₹4.81bn₹3.14bn₹2.34bn
Total liabilities₹3.59bn₹3.25bn₹3.18bn₹2.53bn₹1.57bn₹2.19bn
Debt₹18.3m₹17.7m₹82.3m₹115.7m₹71.6m₹8.1m
Shareholders' equity₹13.92bn₹11.57bn₹9.18bn₹7.14bn₹5.78bn₹5.12bn
Shares outstanding115m115m115m115m115m115m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021
Cash from operations₹3.87bn₹427.2m₹2.07bn₹1.85bn₹847.2m₹754.9m
Capital spending−₹277.3m−₹234.5m−₹233.2m−₹171.8m−₹145.7m−₹365.0m
Free cash flow₹3.59bn₹192.7m₹1.84bn₹1.68bn₹701.6m₹389.9m
Dividends paid—−₹248.4m−₹248.4m———

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹4.75bn₹7.58bn₹4.34bn₹4.45bn₹4.67bn₹7.56bn₹5.48bn₹3.85bn
Gross profit₹918.8m₹1.64bn₹770.4m₹1.07bn₹1.20bn₹1.82bn₹1.46bn₹1.15bn
Operating income₹563.1m₹1.13bn₹416.4m₹426.0m₹584.1m₹1.51bn₹1.19bn₹864.8m
Net income₹556.0m₹949.6m₹382.4m₹390.7m₹528.8m₹909.5m₹681.3m₹505.1m
Diluted earnings per share4.838.253.323.394.597.905.924.39
Cash from operations———₹172.0m———−₹1.21bn
Capital spending———−₹188.0m———−₹100.0m
Free cash flow———−₹16.0m———−₹1.31bn
Total assets—₹17.52bn—₹14.59bn—₹14.82bn—₹13.49bn
Cash and short-term investments₹10.51bn₹10.51bn₹6.67bn₹6.77bn₹6.95bn₹6.95bn₹4.06bn₹4.08bn
Debt—₹1.8m—₹910,000—₹2.6m—₹2.5m
Shareholders' equity₹13.92bn₹13.92bn₹12.53bn₹12.53bn₹11.57bn₹11.57bn₹9.96bn₹9.96bn

Financial ratios

Data as of 17 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin19.3%27.1%26.7%28.0%28.1%32.3%
Operating margin14.3%15.0%15.2%14.1%10.8%16.3%
Net margin10.7%12.5%12.9%11.8%8.7%13.1%
Return on equity16.2%22.5%24.5%19.0%11.4%19.0%
Return on assets12.9%17.5%18.2%14.1%9.0%13.3%
Free cash flow yield6.4%1.0%3.5%3.1%——
Revenue growth1.4%19.1%51.5%50.9%2.7%—
Earnings growth-13.4%15.5%65.7%105.3%-32.0%—
Current ratio4.19x3.94x3.16x3.10x3.68x2.62x
Debt to equity0.00x0.00x0.01x0.01x0.01x0.00x
Equity ratio79.5%78.1%74.3%73.8%78.6%70.0%
Interest coverage1092.41x724.58x136.81x240.42x195.67x800.98x
R&D as a share of sales—0.0%0.0%0.0%0.1%0.1%
Buybacks as a share of market value0.1%-0.1%-0.1%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue22.3%23.2%—
Operating income22.9%11.4%—
Net income18.3%18.2%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.2%24.8%25.8%—
Operating margin14.7%14.7%15.1%—
Net margin11.6%12.0%11.8%—

Valuation history

At each fiscal year end

FY2026FY2025
Price to earnings29.026.3
Price to sales3.13.3

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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