Ajax Engineering
Ajax Engineering Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Ajax Engineering Limited, framed against the sector median so the premium or discount is obvious at a glance.
Ajax Engineering Limited trades at a P/E of 28.10× and P/B of 4.54×.
Valuation
Profitability
Growth
Financial Health
Ajax Engineering Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Ajax Engineering Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Ajax Engineering Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Ajax Engineering Limited, switchable between annual and quarterly views, consolidated or standalone.
Ajax Engineering Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹63,20,97,57,000 Cr and reported EPS of ₹19.57.
Ajax Engineering segment analysis: revenue and profit mix.
Disclosed business segments at Ajax Engineering with their share of revenue and profit, switchable between consolidated and standalone reporting.
Ajax Engineering discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Ajax Engineering Limited.
Our AI distills the core fundamental drivers supporting Ajax Engineering Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.
Ajax Engineering Limited's investment case rests on 10 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
High ROCE 33.60% and ROE 25.10% indicate strong capital efficiency.
Zero debt-to-equity ratio (0.00) signifies exceptional financial stability.
Strong 80% promoter holding aligns management with shareholder interests.
FII and DII holdings consistently increased, showing growing institutional confidence.
P/E ratio 28.40 is significantly lower than sector P/E 84.68.
What can break it.
Quarterly PAT declined significantly by 21.10%, raising earnings volatility concerns.
Quarterly sales saw a slight decline of 0.53%, indicating weak top-line growth.
No dividend yield (0.00%) may not attract income-focused investors.
Current price 611.00 is closer to 52-week low 549.00.
Intense competition in 'Construction Vehicles' industry could pressure margins.
What would change my mind.
Trim if P/E re-rates above 37. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 13%. The operating engine is no longer compounding capital efficiently.
Ajax Engineering Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ajax Engineering Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
Ajax Engineering Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Ajax Engineering Limited — derived from the live tape, not yesterday's close.
Ajax Engineering Limited last traded at ₹552.5 with an intraday range of ₹548.2–₹568 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹552.50| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 603.87 | +51.37 | +9.30% |
| R3 | 584.07 | +31.57 | +5.71% |
| R2 | 576.03 | +23.53 | +4.26% |
| R1 | 564.27 | +11.77 | +2.13% |
| PIVOT | 556.23 | 3.73 | 0.68% |
| CURRENT | 552.50 | — | — |
| S1 | 504.87 | -47.63 | -8.62% |
| S2 | 524.67 | -27.83 | -5.04% |
| S3 | 536.43 | -16.07 | -2.91% |
| S4 | 544.47 | -8.03 | -1.45% |
AJAXENGG is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 548.2 ~ 568
Trading Inside opening range
Ajax Engineering Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Ajax Engineering Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Ajax Engineering Limited stood at 57.7% of traded volume, against a 20-day average of 54.1%.
Ajax Engineering announcements: results, concalls, ratings, M&A.
Filings Ajax Engineering sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Ajax Engineering files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 101 documents below.
Disclosure under SEBI Takeover Regulations
Ajax Engineering Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…
Resignation of Director/KMP/SMP
Ajax Engineering Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
Ajax Engineering Limited has informed the Exchange regarding Resignation of Mr Rajan Wadhera as Non- Executive Independent Director of the company…
Analysts/Institutional Investor Meet/Con. Call Updates
Ajax Engineering Limited has informed the Exchange about Transcript
Copy of Newspaper Publication
Ajax Engineering Limited has informed the Exchange about Copy of Newspaper Publication
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Ajax Engineering dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Ajax Engineering has declared, sequenced by announce and record date.
Ajax Engineering corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Ajax Engineering Limited: business, sector, key facts.
What Ajax Engineering Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Ajax Engineering Limited operates in the Construction Vehicles industry under the Capital Goods sector, listed as NSE: AJAXENGG, BSE: 544356.
Ajax Engineering Limited is a prominent Indian manufacturer and supplier of a comprehensive range of concrete construction equipment. Their primary focus lies in providing solutions for the efficient mixing and placement of concrete across various large-scale projects. The company's product portfolio caters to a diverse clientele involved in infrastructure development and construction activities both domestically and internationally.
A core element of Ajax Engineering's business is the design, manufacture, and sale of self-loading concrete mixers. These machines combine the functionalities of mixing and transporting concrete, streamlining on-site operations and enhancing efficiency. Beyond self-loading mixers, they also produce a complete line of concrete batching plants, crucial for large-scale projects requiring precise and consistent concrete production. These plants manage the accurate proportioning and mixing of various ingredients, ensuring high-quality concrete output.
Complementing their mixing and batching equipment, Ajax Engineering also offers a variety of concrete pumps. This includes stationary pumps for fixed locations, boom pumps offering greater reach and flexibility, and self-propelled boom pumps which provide mobility and versatility on the construction site. Their product line extends further to encompass transit mixers, ideal for transporting mixed concrete over longer distances, ensuring timely delivery to the point of application. In addition to these main product categories, they also manufacture supporting equipment such as slip-form pavers, dumpers, planetary mixers, and twin shaft mixers, all contributing to a complete solution for concrete handling and placement.
The company's equipment finds extensive applications across a broad spectrum of industries and projects. Key sectors utilizing Ajax Engineering's products include irrigation systems, railway construction, power generation facilities, bridge construction, building and factory construction, and the development of urban infrastructure. This wide-ranging applicability underlines the versatility and importance of their products in modern construction and infrastructure development across India and beyond. The company's established presence and reputation signify their success in meeting the demanding needs of these various sectors.
Established in 1992 and headquartered in Bengaluru, India, Ajax Engineering Limited has built a considerable market presence through consistent innovation and the delivery of high-quality, reliable equipment. Their commitment to providing comprehensive solutions and catering to the diverse needs of the construction industry has contributed to their growth and success in the competitive landscape of the concrete equipment market.
Questions investors ask about Ajax Engineering Limited (AJAXENGG).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Ajax Engineering Limited (AJAXENGG)?
The current share price of Ajax Engineering Limited (AJAXENGG) is ₹552.5. Today, the stock has gained by ₹2.70 (0.49%), trading in a range of ₹548.2 to ₹568. The stock opened at ₹555.1 with a trading volume of 32,533 shares.
02Is Ajax Engineering Limited stock a good investment for long-term?
Ajax Engineering Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹63,20,97,57,000 crores, P/E ratio of 28.10, ROE of 17.66%, and ROCE of 33.60%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Ajax Engineering Limited stock?
The 52-week high price of Ajax Engineering Limited (AJAXENGG) is ₹730.1, while the 52-week low is ₹394.8. Currently trading at ₹552.5, the stock is 47.0% away from its 52-week low and 24.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Ajax Engineering Limited stock at the current price?
Whether to buy Ajax Engineering Limited stock at ₹552.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 28.10 and P/B ratio of 4.54. Today's performance shows a gain of 0.49%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Ajax Engineering Limited and when is the next dividend?
Ajax Engineering Limited offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹552.5, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹0.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Ajax Engineering Limited?
Ajax Engineering Limited's key financial metrics include: P/E Ratio: 28.10, P/B Ratio: 4.54, ROE: 17.66%, ROCE: 33.60%, Dividend Yield: 0.00%, EPS: ₹19.57, Book Value: ₹121.68, and Debt-to-Equity: 0.00. The company's market cap stands at ₹63,20,97,57,000 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Ajax Engineering Limited stock performing today in the market?
Ajax Engineering Limited stock opened at ₹555.1 and is currently trading at ₹552.5, showing a gain of ₹2.70 (0.49%). The intraday high is ₹568 and low is ₹548.2. The trading volume stands at 32,533 shares, indicating moderate market participation today.
08What is the P/E ratio of Ajax Engineering Limited and what does it indicate?
Ajax Engineering Limited has a Price-to-Earnings (P/E) ratio of 28.10, which means investors are willing to pay ₹28.10 for every ₹1 of earnings. With an EPS of ₹19.57, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Ajax Engineering Limited (AJAXENGG) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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