Ajax Engineering Ltd (AJAXENGG) — shareholding pattern, promoter holding, financials and share price
About Ajax Engineering Ltd (AJAXENGG)
Ajax Engineering Ltd operates in the Construction Vehicles industry, within the Capital Goods sector. It trades on the NSE as AJAXENGG and on the BSE under scrip code 544356. Its ISIN is INE274Y01021.
Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain. [1]
Ajax Engineering Limited manufactures self-loading concrete mixers (SLCMs), concrete batching plants, pumps, slip-form pavers and related concrete-equipment across India and through international distributors, serving infrastructure, irrigation, renewable energy, railways and real estate projects with an integrated product and after-sales platform.
Ajax retains dominant leadership in SLCMs with ~73% market share by units sold and 32.9k concrete equipment sold in the last decade, supported by a wide dealer network of 65+ domestic dealers, 27 international distributors across 54 countries, and a materially increasing non‑SLCM portfolio.
Listed peers in Construction Vehicles: BEML Ltd, Action Construction Equipment Ltd, TIL Ltd, Brady & Morris Engineering Company Ltd, Emerald Tyre Manufacturers Ltd, Crown Lifters Ltd.
Valuation & Returns
10 Jul 2026At ₹546.5 a share on 10 Jul 2026, Ajax Engineering Ltd (AJAXENGG) was valued at a price-to-earnings ratio of 27.77x against an industry P/E of 29.75x and a price-to-book of 5.4x on a book value of ₹101.14 per share as of Mar 2025. Solomo computes return on equity of 19.46% and return on capital employed of 26.02% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 27.77x
- Industry P/E
- 29.75x
- P/B
- 5.4x
- EPS (TTM)
- ₹19.68
- Book value / share
- ₹101.14
- ROE
- 19.46%
- ROCE
- 26.02%
- ROA
- 15.19%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 14.83%
- 52-week range
- ₹395.65 – ₹730
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ajax Engineering Ltd (AJAXENGG) reported revenue of ₹2,103 crore, net profit of ₹225 crore and earnings per share of ₹19.68. That compares with revenue of ₹2,074 crore and net profit of ₹260 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹758 crore and net profit ₹95 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 763 | 1,151 | 1,741 | 2,074 | 2,103 |
| Net profit (₹ cr) | 66 | 136 | 225 | 260 | 225 |
| EPS (₹) | - | - | 19.68 | 22.73 | 19.68 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 23.02% | 39.54% | 19.09% |
| Profit growth | 21.11% | 57.79% | 15.52% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 80% of Ajax Engineering Ltd (AJAXENGG) (unchanged from the previous quarter), foreign institutional investors (FII) hold 4.67% and domestic institutional investors (DII) hold 11.17%. Market capitalisation was ₹6,252 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2025.
Largest disclosed public shareholders in Jun 2026: Sbi Children's Fund - Investment Plan 4.54%, Pi Opportunities Aif V Llp 2.93%, Whiteoak Capital Flexi Cap Fund 1.83%, Ashoka Whiteoak Icav - Ashoka Whiteoak India Opportunities Fund 1.26%, Franklin India Small Cap Fund 1.02%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 80% | - | 4.67% | 11.17% | 20% |
| Mar 2026 | 80% | - | 5.65% | 10.15% | 20% |
| Dec 2025 | 80% | - | 6.15% | 9.71% | 20% |
| Sep 2025 | 80% | - | 6.51% | 9.42% | 20% |
| Jun 2025 | 80% | - | 6.46% | 8.95% | 20% |
| Mar 2025 | 80% | - | 5.95% | 7.92% | 20% |