AJAXENGG
Ajax Engineering Limited
NSELast Traded Price
₹570
-9.1 (-1.57%)
Open
₹577
High
₹579
Low
₹566.25
Prev Close
₹579.1
Industry
Construction Vehicles
Market Cap
6521.19 Cr
Filing History
Recent corporate announcements and filings for AJAXENGG
Ownership
Positive
2026-08-26 18:34
- Allotment of 4,516 Equity Shares of ₹1/- each to an eligible employee under the Employee Stock Option Plan 2024. The paid-up share capital increased from 11,44,06,800 to 11,44,11,316 Equity Shares.
Business Update
Negative
2026-08-13 11:06
CRITICAL RED FLAG DETECTED
- Q1 FY27 saw modest total revenue growth of 1.7% YoY to ₹475 Cr, with EBITDA declining by 3.3% YoY to ₹59 Cr, and EBITDA margin contracting by 70 bps to 12.5%.- Management anticipates Q2 FY27 to be seasonally soft, with customer sentiment and demand expected to improve in H2 FY27.- The company projects a 30% CAGR growth over the next three years and targets 13-15% EBITDA margins in the long term, once demand recovers.- Q2 FY27 EBITDA margin is expected to be challenging, with management stating that achieving 12-12.5% will be difficult for the quarter.- SLCM market share expanded to 75.1% in Q1 FY27 (from 69% in Q1 FY26), despite an industry registration decline of 27%.- Key growth drivers include the non-SLCM business (expected 10-15% YoY growth, with new ARGO 4000 launch in Q2 FY27), UDAAN series traction, and exports (contributing 9% to Q1 revenue).
Governance
Neutral
2026-08-10 18:17
- The company announced the voting results of the postal ballot for the appointment of Mr. Sachin Rajkumar Nandgaonkar (DIN: 03410739) as a Non-Executive Nominee Director.
- The Ordinary Resolution was passed with the requisite majority of 99.8496% votes in favour.
- The remote e-voting process concluded on August 07, 2026.
Business Update
Neutral
2026-08-06 16:55
- Audio recording of the conference call with Analysts/Investors held on August 6, 2026, at 11:00 A.M. (IST) has been uploaded.
- The recording is accessible on the company's investor relations website.
Financials
Neutral
2026-08-05 19:49
- Consolidated Revenue ₹474.60 Cr vs ₹466.52 Cr (▲1.73% YoY)
- EBITDA ₹59.14 Cr vs ₹61.39 Cr (▼3.67% YoY)
- PAT ₹55.60 Cr vs ₹52.88 Cr (▲5.14% YoY)
- EBITDA Margin 12.46% vs 13.16% (▼70bps)
- Mr. A. N. Sriram was appointed as the Cost Auditor for the financial year 2026-27.
Financials
Neutral
2026-08-05 19:30
- Consolidated Revenue ₹4,745.97 million vs ₹4,665.15 million (▲1.73% YoY)
- EBITDA ₹591.41 million vs ₹613.90 million (▼3.66% YoY)
- PAT ₹556.02 million vs ₹528.75 million (▲5.16% YoY)
- EBITDA Margin 12.46% vs 13.16% (▼70bps)
- The Board also appointed Mr. A. N. Sriram as the Cost Auditor for FY 2026-27.