Ajax Engineering share price
NSE: AJAXENGGBSE: 544356Agricultural, Commercial & Construction VehiclesSmall Cap
Ajax Engineering Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2025 · Issue price ₹629
Last close ₹551.80down ₹1.90 (0.34%)BSE ₹551.30
Share price at the NSE close on 29 Oct 2026. Previous close ₹553.70.
29 Oct: open ₹557.00, high ₹558.45, low ₹542.40
52-week range of traded prices to 29 Oct 2026
₹394.80Low, 30 Mar 2026₹678.00High, 17 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹6,313 Cr727th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 27.71
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.53
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 17.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 18.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 26,483
Results
Standalone; ₹ crore.Ajax Engineering quarterly results
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹475 Crdown 37.36%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹56 Crdown 41.45%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 11.7%
Revenue by quarter
Peak revenue ₹758 Cr, quarter to Mar 2026; lowest ₹434 Cr, quarter to Dec 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 548 | 756 | 467 | 445 | 434 | 758 | 475 |
| Net profit | 68 | 91 | 53 | 39 | 38 | 95 | 56 |
| Net margin | 12.4% | 12.0% | 11.3% | 8.8% | 8.8% | 12.5% | 11.7% |
Standalone. The 7 quarters from Dec 2024, the first on record. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,103 Crup 1.38%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹225 Crdown 13.44%
- Net margin
- 10.7%
Revenue by year
Peak revenue ₹2,103 Cr, year to Mar 2026; lowest ₹2,074 Cr, year to Mar 2025
Net profit by year, a loss in red
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue | 2,074 | 2,103 |
| Net profit | 260 | 225 |
| Net margin | 12.5% | 10.7% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturer of Concrete Equipment, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Ajax Engineering PE ratio and valuation
Price to earnings
At or below today's level on 50% of 237 trading days since Nov 2025.
LowestHighest
Its median27.74Industry median24.58
Price to book
At or below today's level on 25% of 247 trading days over the last year.
LowestHighest
Its median4.73Industry median4.19
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −31.9% | −13.4% | −21.4% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
14 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 4 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 14 funds holding Ajax Engineering
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 2
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 10
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 SBI Children's Fund - InvestmentSBI Mutual Fund | 37,71,377 | 2.78% | ₹221.4 Cr |
 Franklin India Small Cap FundFranklin Templeton Mutual Fund | 14,06,691 | 0.58% | ₹82.6 Cr |
| SBI Small Cap FundSBI Mutual Fund | 12,03,548 | 0.17% | ₹70.6 Cr |
 WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund | 7,61,286 | 0.48% | ₹44.7 Cr |
| WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | 4,86,258 | 0.38% | ₹28.5 Cr |
| WhiteOak Capital Multi Cap FundWhiteOak Capital Mutual Fund | 4,04,475 | 0.55% | ₹23.7 Cr |
| WhiteOak Capital Multi Asset Allocation FundWhiteOak Capital Mutual Fund | 1,49,937 | 0.10% | ₹8.80 Cr |
| WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund | 1,00,085 | 0.26% | ₹5.88 Cr |
| WhiteOak Capital Quality Equity FundWhiteOak Capital Mutual Fund | 96,175 | 1.02% | ₹5.65 Cr |
| WhiteOak Capital ELSS Tax Saver FundWhiteOak Capital Mutual Fund | 51,915 | 0.63% | ₹3.05 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Ajax Engineering insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Ajax Engineering competitors and peers
Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Ajax Engineering in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Escorts KubotaESCORTS | 29,322 | 21.20 | 2.37 | +18.0% | −41.4% | 12.2% | 10.2% | 1.95% |
 BEMLBEML | 16,457 | 92.36 | 5.61 | +12.8% | −40.4% | 6.1% | 8.1% | 0.86% |
 Action Construction EquipmentACE | 12,230 | 27.99 | 6.08 | +5.2% | +3.3% | 24.1% | 24.5% | 0.19% |
 SML MahindraSMLMAH | 7,016 | 47.71 | 12.53 | +22.4% | +3.9% | 29.3% | 35.0% | 0.48% |
 V.S.T Tillers TractorsVSTTILLERS | 3,363 | 30.88 | 3.07 | +17.0% | −5.0% | 10.4% | 13.2% | 0.64% |
 TILTIL | 1,691 | – | – | +21.3% | – | −31.8% | 2.1% | 0.00% |
| Keto MotorsKETOMOTORS | 1,236 | 4,710.39 | 21.02 | – | – | 0.8% | 0.2% | 0.00% |
 Atul AutoATULAUTO | 1,165 | 24.66 | 2.41 | +20.2% | +103.1% | 10.2% | 11.4% | 0.71% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Ajax Engineering announcements
Sep 2026
28 Sep · Meeting
24 Sep · Analysts
17 Sep · Board meeting
7 Sep · Management
Ajax Engineering share price by year
Each calendar year to 2025.Ajax Engineering share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 593.80 | – | 742.30 | 564.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 17 Feb 2025.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 545.55 | 558.80 | 541.55 | 553.70 | 547.42 | 92,970 | 74.1% |
| 27 Oct 2026 | 529.00 | 547.55 | 523.75 | 545.55 | 536.65 | 36,198 | 44.6% |
| 26 Oct 2026 | 545.00 | 551.95 | 524.00 | 529.00 | 534.63 | 38,165 | 46.7% |
| 23 Oct 2026 | 561.90 | 568.00 | 548.60 | 550.90 | 552.66 | 54,987 | 55.6% |
| 22 Oct 2026 | 551.65 | 567.50 | 541.95 | 562.15 | 558.06 | 96,255 | 46.7% |
| 21 Oct 2026 | 558.00 | 568.55 | 539.80 | 549.85 | 551.52 | 78,927 | 52.1% |
| 19 Oct 2026 | 567.00 | 569.70 | 557.45 | 563.90 | 562.36 | 39,514 | 59.9% |
| 16 Oct 2026 | 565.05 | 568.75 | 555.00 | 559.70 | 563.03 | 46,430 | 57.1% |
| 15 Oct 2026 | 570.00 | 574.90 | 562.05 | 564.60 | 566.92 | 29,632 | 49.2% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- AJAXENGG
- BSE code
- 544356
- ISIN
- INE274Y01021
- Industry
- Agricultural, Commercial & Construction Vehicles
- Website
- www.ajax-engg.com
- CIN
- L28245KA1992PLC013306
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1992
- Registered office
- 253/1, 11th Main Road, 3rd Phase, Peenya Industrial Area, 560058, Karnataka
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments