Ajax Engineering Financials
NSE: AJAXENGG | BSE: 544356
₹570.65
As on 02-Sep-2026IST
Market cap
₹6,526 Cr
Revenue (TTM)
₹2,111 Cr
P/E Ratio
28.6
P/B Ratio
4.5
Div. Yield
0 %
Income Statement (₹ Cr) |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
2,110.62
|
2,073.92
|
1,741.40
|
1,151.13
|
763.29
|
741.69
|
|||||
|
Total Income
|
2,165.39
|
2,118.02
|
1,780.07
|
1,172.57
|
772.88
|
752.33
|
|||||
|
Total Expenditure
|
1,847.06
|
1,755.78
|
1,465.86
|
980.39
|
673.84
|
614.13
|
|||||
|
EBITDA
|
263.56
|
318.14
|
275.55
|
170.74
|
89.45
|
127.56
|
|||||
|
Depreciation
|
10.23
|
10.93
|
10.27
|
8.56
|
8.20
|
7.96
|
|||||
|
EBIT
|
253.33
|
307.21
|
265.27
|
162.18
|
81.26
|
119.60
|
|||||
|
Interest
|
0.41
|
0.43
|
2.03
|
0.68
|
0.42
|
0.89
|
|||||
|
Other Income
|
54.77
|
44.10
|
38.67
|
21.44
|
9.59
|
10.64
|
|||||
|
Exceptional Items
|
-3.10
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Profit before Tax
|
304.59
|
350.88
|
301.92
|
182.95
|
90.43
|
129.35
|
|||||
|
Provision for Tax
|
76.72
|
90.79
|
76.77
|
47.05
|
24.22
|
31.96
|
|||||
|
Profit after Tax
|
227.87
|
260.10
|
225.15
|
135.90
|
66.21
|
97.39
|
Liabilities (₹ Cr) |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
1,392.22
|
1,157.14
|
917.96
|
713.80
|
578.27
|
511.90
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Non-Current Liabilities
|
15.91
|
11.63
|
11.42
|
8.97
|
5.98
|
4.11
|
|||||
|
Current Liabilities
|
343.55
|
313.68
|
306.76
|
243.96
|
150.91
|
214.82
|
|||||
|
Total Liabilities
|
1,751.69
|
1,482.45
|
1,236.14
|
966.73
|
735.16
|
730.82
|
Assets (₹ Cr) |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
238.05
|
245.88
|
267.09
|
211.37
|
179.30
|
167.35
|
|||||
|
Current Assets
|
1,439.56
|
1,236.57
|
969.05
|
755.36
|
555.86
|
563.48
|
|||||
|
Total Assets
|
1,751.69
|
1,482.45
|
1,236.14
|
966.73
|
735.16
|
730.82
|
|||||
|
Total Debt*
|
--
|
--
|
6.23
|
10.14
|
7.16
|
0.81
|
|||||
|
Net Current Assets
|
1,096.01
|
922.89
|
662.29
|
511.40
|
404.95
|
348.66
|
|||||
|
Contingent Liabilities
|
--
|
31.48
|
23.78
|
16.00
|
13.16
|
10.55
|
Cashflow (₹ Cr) |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
--
|
42.72
|
207.47
|
184.70
|
84.72
|
71.54
|
|||||
|
Cash Flow from Investing Activities
|
--
|
-34.66
|
-115.58
|
-193.19
|
-128.54
|
-6.54
|
|||||
|
Cash from Financing Activities
|
--
|
-25.51
|
-25.46
|
-0.34
|
-0.40
|
0.39
|
|||||
|
Net Cash Inflow / Outflow
|
--
|
-17.45
|
66.44
|
-8.82
|
-44.22
|
65.40
|
Financials Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS (₹)
|
20.12
|
22.73
|
19.68
|
11.88
|
5.79
|
8.51
|
|||||
|
Cash EPS (₹)
|
19.92
|
23.69
|
20.58
|
12.63
|
6.50
|
9.21
|
|||||
|
Adjusted Book Value (₹)
|
126.55
|
100.44
|
79.91
|
62.39
|
50.55
|
44.75
|
|||||
|
Dividend per Share (₹)
|
--
|
--
|
4.34
|
--
|
--
|
--
|
|||||
|
Cash Flow per Share (₹)
|
--
|
3.73
|
18.13
|
1,614.39
|
2,962.38
|
2,501.50
|
|||||
|
Free Cash Flow per Share (₹)
|
--
|
3.00
|
17.54
|
1,512.25
|
2,982.97
|
985.31
|
Profitability Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
--
|
33.76
|
36.88
|
28.05
|
16.55
|
25.40
|
|||||
|
ROE (%)
|
17.40
|
25.21
|
27.66
|
21.04
|
12.15
|
19.03
|
|||||
|
ROA (%)
|
14.09
|
19.13
|
20.44
|
15.97
|
9.03
|
13.33
|
|||||
|
EBIT Margin (%)
|
12.00
|
14.81
|
15.23
|
14.09
|
10.65
|
16.13
|
|||||
|
Net Margin (%)
|
10.52
|
12.28
|
12.65
|
11.59
|
8.57
|
12.95
|
|||||
|
Cash Profit Margin (%)
|
--
|
13.01
|
13.45
|
12.55
|
9.75
|
14.20
|
Growth Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
1.89
|
19.09
|
51.28
|
50.81
|
2.91
|
--
|
|||||
|
EBIT Growth (%)
|
-12.07
|
15.81
|
63.56
|
99.60
|
-32.06
|
--
|
|||||
|
Net Profit Growth (%)
|
-6.43
|
15.52
|
65.67
|
105.27
|
-32.02
|
--
|
|||||
|
EPS Growth (%)
|
-7.36
|
15.52
|
65.67
|
105.25
|
-32.02
|
--
|
|||||
|
Book Value Growth (%)
|
--
|
25.69
|
28.08
|
23.44
|
12.97
|
--
|
Valuation Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
28.64
|
26.09
|
--
|
--
|
--
|
--
|
|||||
|
Price / Book Value
|
4.51
|
5.91
|
--
|
--
|
--
|
--
|
|||||
|
Dividend Yield (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
EV/EBITDA
|
19.97
|
18.55
|
-0.17
|
0.07
|
-0.13
|
-1.08
|
|||||
|
Close Price (₹)
|
541.75
|
593.80
|
--
|
--
|
--
|
--
|
|||||
|
High Price (₹)
|
730.10
|
658.30
|
--
|
--
|
--
|
--
|
|||||
|
Low Price (₹)
|
394.80
|
565.00
|
--
|
--
|
--
|
--
|
|||||
|
Market Cap (₹ Cr)
|
6,526.02
|
6,786.89
|
--
|
--
|
--
|
--
|
Solvency Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
--
|
--
|
0.01
|
0.01
|
0.01
|
0.00
|
|||||
|
Short term debt to equity ratio
|
--
|
--
|
0.01
|
0.01
|
0.01
|
0.00
|
|||||
|
Current Ratio
|
4.19
|
3.94
|
3.16
|
3.10
|
3.68
|
2.62
|
|||||
|
Quick Ratio
|
3.71
|
3.12
|
2.42
|
2.39
|
2.54
|
1.44
|
|||||
|
Interest Coverage
|
743.91
|
818.91
|
149.95
|
272.04
|
215.79
|
146.83
|
Operating Efficiency Ratios |
TTM | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
8.47
|
7.94
|
5.07
|
6.52
|
7.17
|
8.08
|
|||||
|
Asset Turnover
|
1.31
|
1.53
|
1.59
|
1.35
|
1.04
|
1.01
|
|||||
|
Receivable days
|
--
|
22.16
|
17.02
|
20.57
|
27.42
|
29.49
|
|||||
|
Inventory Days
|
--
|
42.42
|
41.68
|
54.76
|
101.95
|
125.00
|
|||||
|
Payable days
|
--
|
52.06
|
52.74
|
48.20
|
65.39
|
101.28
|
|||||
|
Cash Conversion Cycle
|
--
|
12.52
|
5.96
|
27.13
|
63.97
|
53.22
|