Ajax Engineering Key Ratios
NSE: AJAXENGG | BSE: 544356
₹562.00
As on 24-Sep-2026 09:39IST
Market cap
₹6,517 Cr
Revenue (TTM)
₹2,111 Cr
P/E Ratio
28.6
P/B Ratio
4.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -37.36 | 1.73 | 1.89 | 22.24 | 23.17 |
| EBIT | -50.07 | -3.60 | -12.07 | 16.35 | 16.39 |
| Net Profit | -41.45 | 5.16 | -6.43 | 18.33 | 18.25 |
| EPS | -41.45 | 5.16 | -7.36 | 18.33 | 18.24 |
| Book Value | -- | -- | 19.63 | 24.41 | 21.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 14.07 | 13.39 | 12.00 | 12.15 | 14.81 |
| Net Margin
| 11.80 | 11.11 | 10.52 | 10.46 | 12.28 |
| Return on equity
| 23.57 | 20.78 | 17.40 | 17.84 | 25.21 |
| Return on Capital
| 31.43 | 27.78 | -- | 23.65 | 33.76 |
| Return on Assets
| 17.83 | 15.70 | 14.09 | 13.92 | 19.13 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
23.65
|
33.76
|
36.88
|
28.05
|
|
Peer Median
|
--
|
18.35
|
21.32
|
--
|
--
|
ROE
17.40
Higher than Peers by 3.03
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
17.40
|
17.84
|
25.21
|
27.66
|
21.04
|
|
Peer Median
|
14.38
|
15.96
|
17.53
|
--
|
--
|
ROA
14.09
Higher than Peers by 4.49
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
14.09
|
13.92
|
19.13
|
20.44
|
15.97
|
|
Peer Median
|
9.60
|
8.88
|
8.98
|
--
|
--
|
EBIT Margin
12.00
Lower than Peers by 0.54
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
12.00
|
12.15
|
14.81
|
15.23
|
14.09
|
|
Peer Median
|
12.54
|
14.31
|
13.66
|
--
|
--
|
Net Margin
10.52
Higher than Peers by 0.63
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
10.52
|
10.46
|
12.28
|
12.65
|
11.59
|
|
Peer Median
|
9.89
|
10.07
|
9.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
11.13
|
12.99
|
13.45
|
12.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
1.89
Lower than Peers by 9.26
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
1.89
|
1.38
|
19.09
|
51.28
|
50.81
|
|
Peer Median
|
11.15
|
29.56
|
13.34
|
--
|
--
|
EBIT Growth
-12.07
Lower than Peers by 24.71
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
-12.07
|
-16.85
|
15.81
|
63.56
|
99.60
|
|
Peer Median
|
12.65
|
16.73
|
29.75
|
--
|
--
|
Net Profit Growth
-6.43
Lower than Peers by 21.30
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
-6.43
|
-13.44
|
15.52
|
65.67
|
105.27
|
|
Peer Median
|
14.87
|
20.72
|
32.83
|
--
|
--
|
EPS Growth
-7.36
Lower than Peers by 14.78
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
-7.36
|
-13.44
|
15.52
|
65.67
|
105.25
|
|
Peer Median
|
7.42
|
24.61
|
21.80
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
19.63
|
25.69
|
28.08
|
23.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
--
|
--
|
0.01
|
0.01
|
|
Peer Median
|
0.02
|
0.18
|
0.20
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
--
|
--
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.19
Higher than Peers by 2.33
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
4.19
|
4.19
|
3.94
|
3.16
|
3.10
|
|
Peer Median
|
1.86
|
2.01
|
1.86
|
--
|
--
|
Quick Ratio
3.71
Higher than Peers by 2.54
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
3.71
|
3.71
|
3.12
|
2.42
|
2.39
|
|
Peer Median
|
1.17
|
1.72
|
1.23
|
--
|
--
|
Interest Coverage
743.91
Higher than Peers by 731.43
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
743.91
|
1,092.41
|
818.91
|
149.95
|
272.04
|
|
Peer Median
|
12.47
|
9.80
|
9.44
|
--
|
--
|
Operating Efficiency
Debtors to sales
8.47
Lower than Peers by 11.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
8.47
|
8.50
|
7.94
|
5.07
|
6.52
|
|
Peer Median
|
19.88
|
25.02
|
20.49
|
--
|
--
|
Asset Turnover
1.31
Higher than Peers by 0.46
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
1.31
|
1.31
|
1.53
|
1.59
|
1.35
|
|
Peer Median
|
0.84
|
0.94
|
0.92
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
29.62
|
22.13
|
17.02
|
20.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
36.47
|
42.38
|
41.68
|
54.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
54.36
|
52.06
|
52.74
|
48.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
11.73
|
12.45
|
5.96
|
27.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
28.60
Lower than Peers by 15.70
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
28.60
|
20.45
|
26.09
|
--
|
--
|
|
Peer Median
|
44.30
|
48.64
|
40.01
|
--
|
--
|
Price / Book Value
4.56
Lower than Peers by 0.63
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
4.56
|
3.35
|
5.91
|
--
|
--
|
|
Peer Median
|
5.19
|
5.75
|
4.49
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.26
|
0.13
|
0.18
|
--
|
--
|
EV/EBITDA
19.94
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
19.94
|
14.08
|
18.55
|
-0.17
|
0.07
|
|
Peer Median
|
--
|
33.46
|
28.08
|
--
|
--
|
Market Cap
6,517
Higher than Peers by 3,954
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajax Engineering
|
6,517
|
4,604
|
6,787
|
--
|
--
|
|
Peer Median
|
2,563
|
2,137
|
1,252
|
--
|
--
|