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  7. Ajax Engineering Ltd
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HomeStocksConstruction VehiclesAjax Engineering Ltd

Ajax Engineering Ltd Stock Price Today (NSE: AJAXENGG)

Ajax Engineering Ltd

AJAXENGGConstruction Vehicles
₹404.10₹48.90 (10.30%)↓
As on 30 Mar 2026, 12:05 pm ISTMarket Closed

Fundamental Score

...

Ajax Engineering Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ajax Engineering Ltd share price today is ₹404.10, down 10.30% on NSE/BSE as of 30 March 2026. Ajax Engineering Ltd (AJAXENGG) is a Mid-cap company in the Construction Vehicles sector with a market capitalisation of ₹7.15K (Cr). The 52-week high for AJAXENGG share price is ₹756.20 and the 52-week low is ₹421.15. At a P/E ratio of 28.47x, AJAXENGG is currently trading below its industry average P/E of 35.74x. The company has a Return on Equity (ROE) of 25.07% and a debt-to-equity ratio of 0.00.

Ajax Engineering Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-10.30%

Returns & Performance

Excellent

ROE

25.07%
Excellent

ROCE

33.58%
Excellent

OPM (5Y)

15.22%

Div Yield

0.00%

Ajax Engineering Ltd Valuation Check

Good

P/E Ratio

28.47x
Poor

Industry P/E

35.74x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

7.15K (Cr)

Growth Engine

Poor

Profit Growth (Q)

14.81%
Excellent

Sales Growth (Q)

47.79%
Excellent

Sales Growth (5Y)

23.02%

EPS Growth (5Y)

N/A
Excellent

Profit Growth (5Y)

21.15%

Balance Sheet Health

Excellent

Debt to Equity

0.00x
Excellent

Int. Coverage

193.98x

Free Cash Flow (5Y)

480.14 (Cr)

Shareholding

Excellent

Promoter

80.00%
Average

FII

6.51%
Average

DII

9.42%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Financial Analysis of Ajax Engineering Share Price: A Risk Management Perspective

The construction vehicle industry, a key indicator of infrastructure development, is currently experiencing a surge in demand driven by government initiatives and private sector investments. This analysis focuses on the financial stability of Ajax Engineering Ltd, with specific attention to the current Ajax Engineering share price of ₹501.95. This evaluation is part of a broader, 80-parameter fundamental audit verified by Sweta Mishra, ensuring a comprehensive risk management perspective.

Currently, Ajax Engineering trades at a Price-to-Earnings (PE) ratio of 28.47. While this is a valuable metric, comparing it to its sector peers provides a more nuanced understanding. While comparable companies like Action Construction Equipment Ltd and Til Ltd operate in a similar space, their financial performance and market valuation may differ significantly. One notable comparison point is with Brady & Morris Engineering Co Ltd. Observational data suggests varying levels of management efficiency between Ajax Engineering and Brady & Morris Engineering Co Ltd, which may contribute to differing operational outcomes and investor perceptions. Management quality directly impacts the effectiveness of capital allocation and strategic decision-making, influencing long-term growth potential.

A standout metric for Ajax Engineering is its Return on Capital Employed (ROCE) of 33.58%. This indicates a high level of profitability relative to the capital invested in the business. A strong ROCE, such as this, can contribute to a wider economic moat. It allows the company to reinvest earnings at higher rates of return, attracting further investment, and potentially creating barriers to entry for competitors. A sustained high ROCE suggests efficient capital management and a strong competitive advantage within the construction equipment sector. However, it's crucial to evaluate the sustainability of this ROCE in the long term, considering factors such as competitive intensity and technological advancements.

In conclusion, while the current Ajax Engineering share price reflects a positive market sentiment, a comprehensive understanding of its financial health necessitates a thorough review of its performance relative to its peers, especially regarding management effectiveness and the sustainability of its high ROCE. Further in-depth analysis, including cash flow statements, balance sheet strength, and macroeconomic factors, is recommended to gain a more complete risk management profile.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ajax Engineering Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AJAXENGG across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (25.07%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (33.58%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.22%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 28.47 vs Industry: 35.74)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Strong Revenue Growth (47.79%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (23.02% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (21.15% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (193.98x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹480.14 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ajax Engineering Ltd Financial Statements

Comprehensive financial data for Ajax Engineering Ltd including income statement, balance sheet and cash flow

About AJAXENGG (Ajax Engineering Ltd)

Ajax Engineering Ltd is a dynamic force in the construction vehicle industry, renowned for its comprehensive suite of concrete solutions that cater to a diverse range of project ne...eds. Their offerings extend beyond the conventional, encompassing a spectrum of equipment designed to streamline concrete production and placement. From robust self-loading concrete mixers that empower on-site autonomy to high-precision concrete batching plants for large-scale projects and versatile concrete pumps for efficient delivery, Ajax Engineering ensures contractors have the tools necessary for success. Their commitment to innovation is evident in their continuous expansion into cutting-edge technologies like 3D concrete printers, pushing the boundaries of what's possible in modern construction. The company's product portfolio is meticulously crafted to address the multifaceted demands of the infrastructure landscape. Recognizing the crucial role of effective material handling, Ajax Engineering also provides a wide range of support vehicles and equipment. These include dependable transit mixers for preserving concrete integrity during transportation, stationary and boom pumps tailored for both horizontal and vertical applications, and specialized machinery such as slip-form pavers for precise roadway construction. Furthermore, their selection of dumpers, planetary mixers, and twin-shaft mixers offer essential support in material handling and mixing processes, rounding out a holistic solution for construction sites of all sizes. Ajax Engineering's influence permeates various sectors, underpinning the development of vital infrastructure projects. Whether facilitating the construction of sprawling roadways, intricate waterway systems, essential irrigation networks, sustainable renewable energy facilities, modern railway lines, expansive residential and commercial developments, bustling airports, or innovative urban infrastructure, their equipment plays a pivotal role. Their global reach demonstrates their dedication to meeting the evolving needs of the construction industry worldwide, solidifying their position as a trusted partner for contractors and developers aiming to build a better future.

Company Details

Symbol:AJAXENGG
Industry:Construction Vehicles
Sector:Construction Vehicles
Website:https://www.ajax-engg.com

Key Leadership

Mr. Krishnaswamy Vijay
Executive Chairman & Whole-Time Director
Mr. Shubhabrata Saha
MD, CEO & Director
Mr. Joseph J. M. Peeris
Chief People Officer & Corporate Affairs Officer

AJAXENGG Share Price: Frequently Asked Questions

What is the current share price of Ajax Engineering Ltd (AJAXENGG)?

As of 30 Mar 2026, 12:05 pm IST, Ajax Engineering Ltd share price is ₹404.10. The AJAXENGG stock has a market capitalisation of ₹7.15K (Cr) on NSE/BSE.

Is AJAXENGG share price Overvalued or Undervalued?

AJAXENGG share price is currently trading at a P/E ratio of 28.47x, compared to the industry average of 35.74x. Based on this relative valuation, the Ajax Engineering Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of AJAXENGG share price?

The 52-week high of AJAXENGG share price is ₹756.20 and the 52-week low is ₹421.15. These values are updated daily from NSE/BSE price data.

What factors affect the Ajax Engineering Ltd share price?

Key factors influencing AJAXENGG share price include quarterly earnings growth (Sales Growth: 47.79%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Ajax Engineering Ltd a good stock for long-term investment?

Ajax Engineering Ltd shows a 5-year Profit Growth of 21.15% and an ROE of 25.07%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing in AJAXENGG shares.

How does Ajax Engineering Ltd compare with its industry peers?

Ajax Engineering Ltd competes with major peers in the Construction Vehicles. Investors should compare AJAXENGG share price P/E of 28.47x and ROE of 25.07% against the industry averages to determine competitive standing.

What is the P/E ratio of AJAXENGG and what does it mean?

AJAXENGG share price has a P/E ratio of 28.47x compared to the industry average of 35.74x. Investors pay ₹28 for every ₹1 of annual earnings.

How is AJAXENGG performing according to Bull Run's analysis?

AJAXENGG has a Bull Run fundamental score of 62.90000000000001/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does AJAXENGG belong to?

AJAXENGG operates in the Construction Vehicles industry. This classification helps understand the competitive landscape and sector-specific trends affecting Ajax Engineering Ltd share price.

What is Return on Equity (ROE) and why is it important for AJAXENGG?

AJAXENGG has an ROE of 25.07%, which indicates excellent management efficiency. ROE measures how efficiently Ajax Engineering Ltd generates profits from shareholders capital.

How is AJAXENGG debt-to-equity ratio and what does it indicate?

AJAXENGG has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk.

What is AJAXENGG dividend yield and is it a good dividend stock?

AJAXENGG offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Ajax Engineering Ltd shares.

How has AJAXENGG share price grown over the past 5 years?

AJAXENGG has achieved 5-year growth rates of: Sales Growth 23.02%, Profit Growth 21.15%, and EPS Growth N/A%.

What is the promoter holding in AJAXENGG and why does it matter?

Promoters hold 80.00% of AJAXENGG shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Ajax Engineering Ltd.

What is AJAXENGG market capitalisation category?

AJAXENGG has a market capitalisation of ₹7146 crores, placing it in the Mid-cap category.

How volatile is AJAXENGG stock?

AJAXENGG has a beta of N/A. A beta > 1 suggests the Ajax Engineering Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is AJAXENGG operating profit margin trend?

AJAXENGG has a 5-year average Operating Profit Margin (OPM) of 15.22%, indicating the company's operational efficiency.

How is AJAXENGG quarterly performance?

Recent quarterly performance shows Ajax Engineering Ltd YoY Sales Growth of 47.79% and YoY Profit Growth of 14.81%.

What is the institutional holding pattern in AJAXENGG?

AJAXENGG has FII holding of 6.51% and DII holding of 9.42%. Significant institutional holding often suggests professional confidence in the Ajax Engineering Ltd stock.

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Frequently Asked Questions about Ajax Engineering Ltd

What is the current share price of Ajax Engineering Ltd?

Ajax Engineering Ltd (AJAXENGG) trades at ₹404.10 on NSE and BSE. Market cap ₹7.15K (Cr). Educational data only.

What is the P/E ratio of Ajax Engineering Ltd?

Ajax Engineering Ltd has a P/E of 28.47x vs industry average 35.74x.

What is the Bull Run score for Ajax Engineering Ltd?

Ajax Engineering Ltd has a Bull Run score of 62.90000000000001/100 based on 25+ financial parameters.

Does Ajax Engineering Ltd pay dividends?

Ajax Engineering Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ajax Engineering Ltd?

Ajax Engineering Ltd has ROE of 25.07%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ajax Engineering Ltd?

Ajax Engineering Ltd has debt-to-equity of 0.00.

Is Ajax Engineering Ltd a good investment?

Bull Run gives Ajax Engineering Ltd a score of 62.90000000000001/100. This is not investment advice — consult a SEBI-registered advisor.