| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 475 | 467 | +1.7% |
| EBITDA | 59.1 | 61.4 | −3.7% |
| EBITDA margin | 12.5% | 13.2% | −0.7 pts |
| Profit before tax | 74.3 | 70.9 | +4.7% |
| Net profit | 55.6 | 52.9 | +5.2% |
| EPS | ₹4.86 | ₹4.62 | +5.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 |
|---|
| 6,335 | — | — | |
| 1,048 | 1,048 | 673 | |
| 5,287 | — | — | |
| 2,111 | 2,103 | 2,074 | |
| — | +1.4% | — | |
| 264 | 266 | 318 | |
| 12.5% | 12.6% | 15.3% | |
| 253 | 255 | 307 | |
| 228 | 225 | 260 | |
| 10.8% | 10.7% | 12.5% | |
| ₹19.92 | ₹19.68 | ₹22.73 | |
| — | −13.4% | — | |
| — | 377 | 42.7 | |
| — | −27.7 | −23.5 | |
| 350 | 350 | 19.3 | |
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|
| Market Capitalization | — | — | 6,334.9 | |
| - Cash, Equiv & ST Investments | 673.1 | 1,047.9 | 1,047.9 | |
| Enterprise Value | — | — | 5,287.0 | |
| Revenue | 2,073.9 | 2,102.5 | 2,110.6 | |
| Growth %, YoY | — | +1.4 | — | |
| EBITDA | 318.1 | 265.8 | 263.6 | |
| Margin % | 15.34 | 12.64 | 12.49 | |
| EBIT | 307.2 | 255.4 | 253.3 | |
| Net Income | 260.1 | 225.1 | 227.9 | |
| Margin % | 12.54 | 10.71 | 10.80 | |
| EPS, Adj (current shares) | 22.73 | 19.68 | 19.92 | |
| Growth %, YoY | — | -13.4 | — | |
| Cash from Operations | 42.7 | 377.3 | — | |
| Capital Expenditures | -23.5 | -27.7 | — | |
| Free Cash Flow | 19.3 | 349.6 | 349.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Ajax Engineering (NSE: AJAXENGG) had a market capitalisation of ₹6,313 crore at the 29 October 2026 close (₹551.80 a share), a PE ratio of 27.7 on the last four quarters' profit and a price-to-book ratio of 4.53. In FY26 its consolidated net profit was ₹225 crore on revenue of ₹2,103 crore; in Q1 FY27 (April–June 2026) it was ₹55.6 crore, up 5.2% year on year. It had no borrowings on 31 March 2026. Promoters held 80.00% of the shares on 30 September 2026.
Ajax Engineering's PE ratio is 27.7 at the 29 October 2026 close (₹551.80 a share): a market capitalisation of ₹6,313 crore divided by consolidated net profit of ₹228 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹225 crore) it is 28.0.
Ajax Engineering's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹1,392 crore. A year earlier, on 31 March 2025, it was 0.00.
Ajax Engineering's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,392 crore on 31 March 2026, up 20.3% from ₹1,157 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,313 crore at the 29 October 2026 close.
Ajax Engineering's price-to-book (PB) ratio is 4.53 at the 29 October 2026 close: a market capitalisation of ₹6,313 crore divided by shareholders' equity (book value) of ₹1,392 crore on 31 March 2026. That is a book value of ₹121.69 per share against a share price of ₹551.80.
In FY26, Ajax Engineering's return on equity (ROE) was 17.7% and its return on capital employed (ROCE) was 19.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Ajax Engineering's book value per share was ₹121.69 on 31 March 2026: shareholders' equity of ₹1,392 crore divided by the 11.44 crore shares in issue, up 20.3% from ₹101.14 a year earlier. The share price at the 29 October 2026 close was ₹551.80.
Ajax Engineering's market capitalisation was ₹6,313 crore at the 29 October 2026 close: 11.44 crore shares at ₹551.80 each.
Yes. Ajax Engineering had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹1,051 crore of cash, bank balances and current investments.
Ajax Engineering's basic earnings per share (EPS) were ₹19.68 in FY26, against ₹22.73 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹19.91.
Promoters held 80.00% of Ajax Engineering on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Ajax Engineering generated ₹377 crore of cash from operations and spent ₹27.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹350 crore. In FY25 it was ₹19.3 crore.
Ajax Engineering has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On 30 September 2026, Ajax Engineering's shares were held by promoters 80.00%, foreign portfolio investors (FII/FPI) 4.07%, domestic institutions (DII) 11.20% (including mutual funds at 7.41%) and retail and other non-institutional investors 4.74%. Over the year, FII holding was down 2.44 percentage points from 6.51% and DII holding was up 1.78 percentage points from 9.42%.
Ajax Engineering's latest results are for Q1 FY27 (April–June 2026), filed on 5 August 2026: consolidated net profit ₹55.6 crore, up 5.2% from ₹52.9 crore in Q1 FY26; revenue from operations ₹475 crore, up 1.7% year on year.
On FY26 consolidated figures, against Indo Farm Equipment: Ajax Engineering's operating margin of 12.2% is the higher of the two (Indo Farm Equipment 10.4%; peer average 10.4%); its return on equity of 17.7% is the higher of the two (Indo Farm Equipment 4.5%; peer average 4.5%).
In FY26 (April 2025–March 2026), Ajax Engineering's consolidated net profit was ₹225 crore, down 13.4% from ₹260 crore in FY25, on revenue from operations of ₹2,103 crore (up 1.4%).
At the 29 October 2026 closing prices, on FY26 net profit, Ajax Engineering's PE ratio is 28.0, the higher of the two: Indo Farm Equipment 23.4, a peer average of 23.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Ajax Engineering earned net profit of ₹225 crore on revenue of ₹2,103 crore, against ₹24.7 crore on ₹440 crore for Indo Farm Equipment. Ajax Engineering's operating margin was 12.2% (Indo Farm Equipment 10.4%) and its return on equity 17.7% (Indo Farm Equipment 4.5%). At the 29 October 2026 close, Ajax Engineering's market capitalisation was ₹6,313 crore against ₹578 crore for Indo Farm Equipment, and its PE ratio on FY26 profit 28.0 against 23.4.
From Ajax Engineering's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.