---
title: "Ajax Engineering Ltd (AJAXENGG) — Share Price, Financials & Analysis"
symbol: "AJAXENGG"
company: "Ajax Engineering Ltd"
canonical: "https://tapetide.com/stocks/AJAXENGG"
isin: "INE274Y01021"
nse_symbol: "AJAXENGG"
bse_code: "544356"
sector: "Automobiles"
industry: "Commercial Vehicles"
market_cap_cr: 6715.68
generated_at: "2026-09-13T19:26:09.908Z"
---

# Ajax Engineering Ltd (AJAXENGG)

Canonical page: https://tapetide.com/stocks/AJAXENGG

## Company

- **NSE Symbol:** AJAXENGG
- **BSE Code:** 544356
- **ISIN:** INE274Y01021
- **Sector:** Automobiles
- **Industry:** Commercial Vehicles
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-02-17
- **CEO:** Mr. Krishnaswamy Vijay
- **Employees:** 487
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** ajax-engg.com

## About

Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.[1]

## Latest Price

- **Price:** ₹590.6
- **Change:** +1.1 (+0.19%)
- **Open:** ₹588
- **Day High:** ₹595
- **Day Low:** ₹576
- **Previous Close:** ₹589.5
- **Volume:** 71818
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:33.801025Z.

- **Market Cap:** ₹6715.68 Cr
- **Classification:** Microcap
- **P/E (reported):** 29.7
- **P/E (TTM):** 29.65
- **EPS (TTM):** ₹19.92
- **Book Value:** ₹121.69
- **Price to Book:** 4.86
- **Dividend Yield:** 0%
- **ROE:** 22.48%
- **ROCE:** 29.95%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹2102.54 Cr
- **Net Income:** ₹229.46 Cr
- **EBITDA:** ₹262.71 Cr
- **52-Week High:** ₹697.55
- **52-Week Low:** ₹394.8
- **RSI (14):** 56.03

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Flat
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 83.82 | 9% |
| growth | 22.02 | 9% |
| momentum | 50.6 | 12% |
| ownership | 48.49 | 24% |
| quality | 62.75 | 22% |
| valuation | 57.73 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has delivered good profit growth of 18.9% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 69.1 days to 161 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -79.41% | -76.87% | -40.29% |
| ebitda margin growth | -39.56% | -28.39% | -30.82% | -4.83% |
| net income growth | -41.47% | -11.78% | 19% | 19% |
| revenue growth | -36.07% | -0.67% | 22% | 23% |
| roce | — | -8.41% | 17.87% | 25.77% |
| roe | — | -8.36% | 22.02% | 18.13% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 399 | 657 | 469 | 301 | 548 | 756 | 467 | 445 | 434 | 758 | 475 |
| Expenses | 333 | 548 | 389 | 262 | 460 | 645 | 405 | 400 | 389 | 643 | 415 |
| Operating Profit | 67 | 109 | 80 | 39 | 88 | 111 | 61 | 45 | 44 | 115 | 59 |
| OPM % | 17 | 17 | 17 | 13 | 16 | 15 | 13 | 10 | 10 | 15 | 12 |
| Other Income | 9 | 13 | 13 | 11 | 7 | 12 | 13 | 10 | 10 | 13 | 18 |
| Interest | 0 | 1 | 0 | 1 | 1 | -2 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Profit before tax | 72 | 119 | 90 | 47 | 92 | 122 | 71 | 53 | 52 | 126 | 74 |
| Tax % | 26 | 26 | 25 | 28 | 26 | 26 | 25 | 26 | 26 | 25 | 25 |
| Net Profit | 54 | 88 | 67 | 34 | 68 | 91 | 53 | 39 | 38 | 95 | 56 |
| EPS in Rs | 4.71 | 7.72 | 5.86 | 2.97 | 5.96 | 7.95 | 4.62 | 3.42 | 3.34 | 8.3 | 4.86 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 736 | 742 | 763 | 1151 | 1741 | 2074 | 2103 | 2111 |
| Expenses | 603 | 613 | 673 | 980 | 1465 | 1756 | 1837 | 1847 |
| Operating Profit | 133 | 129 | 91 | 171 | 276 | 318 | 266 | 264 |
| OPM % | 18 | 17 | 12 | 15 | 16 | 15 | 13 | 12 |
| Other Income | 7 | 9 | 8 | 21 | 38 | 43 | 46 | 52 |
| Interest | 1 | 1 | 0 | 1 | 2 | -1 | 0 | 0 |
| Depreciation | 8 | 8 | 8 | 9 | 10 | 11 | 10 | 10 |
| Profit before tax | 131 | 129 | 90 | 183 | 302 | 351 | 301 | 305 |
| Tax % | 24 | 25 | 27 | 26 | 25 | 26 | 25 | — |
| Net Profit | 100 | 97 | 66 | 136 | 225 | 260 | 225 | 228 |
| EPS in Rs | — | — | — | — | 19.68 | 22.73 | 19.68 | 19.92 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 11 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 11 | 11 | 11 | 11 |
| Reserves | 412 | 509 | 575 | 702 | 907 | 1146 | 1381 |
| Borrowings | 15 | 1 | 7 | 12 | 8 | 2 | 2 |
| Other Liabilities | 130 | 218 | 150 | 241 | 310 | 324 | 358 |
| Total Liabilities | 560 | 731 | 735 | 967 | 1236 | 1482 | 1752 |
| Fixed Assets | 0 | 112 | 157 | 167 | 167 | 176 | 182 |
| CWIP | 1 | 1 | 7 | 6 | 17 | 21 | 35 |
| Investments | 201 | 81 | 296 | 495 | 625 | 656 | 952 |
| Other Assets | 358 | 537 | 274 | 299 | 426 | 630 | 583 |
| Total Assets | 560 | 731 | 735 | 967 | 1236 | 1482 | 1752 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 131 | 72 | 85 | 185 | 207 | 43 | 377 |
| Cash from Investing Activity | -109 | -7 | -129 | -193 | -116 | -35 | -257 |
| Cash from Financing Activity | -14 | 0 | 0 | 0 | -25 | -26 | 0 |
| Net Cash Flow | 8 | 65 | -44 | -9 | 66 | -17 | 120 |
| Free Cash Flow | 117 | 36 | 71 | 168 | 185 | 20 | 350 |
| CFO/OP | 120 | 73 | 121 | 136 | 102 | 41 | 171 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 28 | 29 | 26 | 24 | 18 | 29 | 31 |
| Inventory Days | 108 | 186 | 115 | 76 | 65 | 62 | 38 |
| Days Payable | 62 | 101 | 39 | 71 | 60 | 54 | 57 |
| Cash Conversion Cycle | 74 | 115 | 102 | 29 | 24 | 37 | 12 |
| Working Capital Days | 38 | 56 | 44 | 10 | 6 | 40 | 161 |
| ROCE % | — | 27 | 17 | 28 | 37 | 34 | 24 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 93.5% | 80% | 80% | 80% | 80% | 80% | 80% | 80% |
| FIIs | 0% | 5.02% | 5.95% | 6.46% | 6.51% | 6.15% | 5.65% | 4.67% |
| DIIs | 0% | 6.13% | 7.92% | 8.95% | 9.42% | 9.71% | 10.15% | 11.17% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 8.81% | 4.9% | 4.1% | 3.5% | 3.63% | 3.67% | 3.7% |
| Others | 6.5% | 0.04% | 1.24% | 0.49% | 0.57% | 0.51% | 0.53% | 0.47% |
| No. of Shareholders | 9 | 272678 | 152056 | 94515 | 77176 | 72724 | 72001 | 69540 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 7 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 582.98 | Buy |
| EMA (10) | 584.24 | Buy |
| SMA (20) | 576.68 | Buy |
| EMA (20) | 580.28 | Buy |
| SMA (50) | 575.44 | Buy |
| EMA (50) | 573.3 | Buy |
| SMA (100) | 564.16 | Buy |
| EMA (100) | 563.9 | Buy |
| SMA (200) | 547.25 | Buy |
| EMA (200) | 566.36 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 56.52 | Neutral |
| MACD (12,26,9) | 4.38 | Buy |
| Stochastic (14,3,3) | 46.47 | Neutral |
| ADX (14) | 19.08 | Neutral |
| Williams %R (14) | -45.7 | Neutral |
| ATR (14) | 18.74 | High Volatility |
| ROC (12) | 1.56 | Buy |
| Stoch RSI (14) | 59.97 | Neutral |
| UO (7,14,28) | 53.92 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 5 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 5 analyst ratings, observed at 2026-09-11T04:39:33.818471+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de8128df-8a61-4148-8306-59925f54fbf6.pdf) |
| 2026-09-05 | [Letter To The Shareholder Containing Weblink Of 34Th Annual General Meeting And Annual Report For The FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b2b8655-2a03-4b2b-b754-9498a68a6015.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1d3681f-d2d6-40c4-b0a3-84df5a592080.pdf) |
| 2026-09-04 | [Notice Of The Thirty-Fourth Annual General Meeting For The Financial Year 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fc512f7-289c-4d71-a695-839d48b5d8b6.pdf) |
| 2026-09-04 | [Shareholder Meeting - Annual General Meeting On September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71eebbae-c7da-4cdf-9645-e527156a6f78.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=650cf0c3-fa4f-4109-91e4-f0af09bd69e0.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=873c6e61-1051-4e46-b981-3aa105835673.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=561f7509-c2ef-4260-bd5b-dd271c109821.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fad7cc2b-905d-4b93-98b9-c2e4001b1e48.pdf) |
| 2026-08-10 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75078b07-68e6-4e99-b3b0-0814a7cdffdf.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=665bcf32-e295-4a65-bab7-023055e28917.pdf) |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ba52bf2-2f42-4c03-beef-227673986d01.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf4ce1c9-f6d4-4ddd-9892-5adc02e29971.pdf) |
| 2025-11-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e4d3228-e2c7-431a-b9b0-851d2c5034f7.pdf) |
| 2025-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ddd6850-5a65-43bb-b9b3-3443760ea12c.pdf) |
| 2025-06-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6adff95f-d892-4374-a78d-ef9b7596dd16.pdf) |
| 2025-03-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=111de0d7-3a03-4a19-adf0-8c15bd00ab18.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=487050b4-9919-4275-9fa5-a85eccaf8ad5.pdf) |
| 2026-05-19 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50af2965-3dfe-4e20-8714-7ca4b41e15c0.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa9c1dff-52b5-447e-9455-5ffd48c56a88.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae9db1f8-9b7f-41c1-bc01-c65c06eb6b68.pdf) |
| 2025-08-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0954a1b8-1e07-46e5-89cf-8a316354c761.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-05 | [The Unaudited Standalone Financial Results Of The Company For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31c6bfcb-6823-4b1a-9ffd-d2ff7cdb9bad.pdf) |
| 2026-05-18 | [Standalone Audited Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d1e64c4-01ad-4fd8-9947-23af28ad43d7.pdf) |
| 2026-02-12 | [Standalone Unaudited Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9eb40452-2339-4ef4-bee1-bc85e99468a1.pdf) |
| 2025-11-13 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a05c0f4d-9077-451d-a3b8-f8047561a901.pdf) |
| 2025-08-02 | [Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=512e9663-d1ff-4177-b000-8e9f95eec352.pdf) |
| 2025-05-27 | [Audited Financial Results Of The Company For The Quarter And Period Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd85b144-6b3a-4318-b2fa-a2a4e1d33ca4.pdf) |
| 2025-03-10 | [Results - Financial Results December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c859ada-5491-4391-9524-adb26475204a.pdf) |
| 2025-03-09 | [Results - Financial Results 31 December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f0d939d-5c19-4e6e-8771-f7d7a830812e.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0186d1b5-6333-4a78-ac95-95822d8c329a.pdf) |
| 2026-05-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cee8742e-9e35-439d-8a32-8df00a4a4667.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c18b04d-197b-4b63-9c46-3f3c2b8bcbb8.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68afbb6a-bead-49c4-8d6a-0b8a6a7d3cad.pdf) |
| 2025-08-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60ee7bb8-1cee-46c9-845f-ffda2475ccba.pdf) |
| 2025-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9557f80a-3401-42b1-8140-cb9a909b321b.pdf) |
| 2025-03-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68f421cc-0c49-4157-b272-531c09276b54.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b73ddb8-e1cf-4cbd-97d5-03900863d753.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e4d3228-e2c7-431a-b9b0-851d2c5034f7.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bd2c2af-5f7d-41fa-9256-b824002e5707.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54905495-adb6-46f2-a8c7-e54fda706401.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ba52bf2-2f42-4c03-beef-227673986d01.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6ba52bf2-2f42-4c03-beef-227673986d01.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cee8742e-9e35-439d-8a32-8df00a4a4667.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cee8742e-9e35-439d-8a32-8df00a4a4667.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a768da2f-6be2-4a43-80ad-73d965f21f1b.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/111de0d7-3a03-4a19-adf0-8c15bd00ab18.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Certificate under reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter and year ended March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Certificate under reg. 74(5) of SEBI (DP) Regulation, 2018 for the quarter and year ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d361295c-a5cb-40c0-802d-8129e4c52718.pdf) |
| 8h - Of schedule in relation to Analysts/ Institutional Investors Meetings | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Of schedule in relation to Analysts/ Institutional Investors Meetings](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7a0f638e-5e13-4783-a4aa-b435e2e6bdfd.pdf) |
| 31 Mar - Raghavan Sadagopan resigns as Independent Director effective close of business March 31, 2026, upon turning 80. | [Announcement under Regulation 30 (LODR)-Resignation of Director 31 Mar - Raghavan Sadagopan resigns as Independent Director effective close of business March 31, 2026, upon turning 80.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d9346b0-1938-475c-99f6-5ea602d9b56e.pdf) |
| 22 Feb - Analyst/institutional investor meetings in Mumbai on 25 Feb 2026 with Kotak; no presentations; public information | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Feb - Analyst/institutional investor meetings in Mumbai on 25 Feb 2026 with Kotak; no presentations; public information](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c685ba4-8997-4b71-a7ac-545c33446ff9.pdf) |
| 19 Mar - The Company executives will be participating in the Group Meeting, scheduled to be held on March 24, 2026 and March 25, 2026. It is expected … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Mar - The Company executives will be participating in the Group Meeting, scheduled to be held on March 24, 2026 and March 25, 2026. It is expected …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8756e31-85d3-42ff-bb7d-fdd557e416ad.pdf) |
| 19 Feb - Transcript of Earnings Conference Call held on February 13, 2026 on unaudited financial results for the quarter and none months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 19 Feb - Transcript of Earnings Conference Call held on February 13, 2026 on unaudited financial results for the quarter and none months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf4ce1c9-f6d4-4ddd-9892-5adc02e29971.pdf) |
| 17 Feb - Audio recording of Q3 and 9M FY26 earnings call held 16-Feb-2026 posted on company website. | [Submission Of Audio Recording Of Earnings Conference Call 17 Feb - Audio recording of Q3 and 9M FY26 earnings call held 16-Feb-2026 posted on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d97f3a1d-5bb8-45a0-b251-e226352d85e0.pdf) |
| 14 Feb - Copy of newspaper publication on February 14, 2026 for unaudited financial results of the Company for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Copy of newspaper publication on February 14, 2026 for unaudited financial results of the Company for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/816acb1e-97e1-4f1e-b06a-777f311fda4e.pdf) |
| 14 Apr - Ajax Engineering says it is not a Large Corporate; outstanding borrowing was nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 14 Apr - Ajax Engineering says it is not a Large Corporate; outstanding borrowing was nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2def7be7-b76d-4289-a0fe-16ca45c402fa.pdf) |
| 13 Feb - Unaudited standalone/consolidated results for quarter/nine months ended 31 Dec 2025; consolidated revenue Rs57,982.76 lakh; PAT Rs5,692.21 lakh. | [Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2025 13 Feb - Unaudited standalone/consolidated results for quarter/nine months ended 31 Dec 2025; consolidated revenue Rs57,982.76 lakh; PAT Rs5,692.21 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5e3de4f2-3011-4668-b809-329fe19f61e4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8734ce53-33ad-4d68-8a70-b2f557b5e6ba.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fecc21f-1c98-4ece-9458-f4431d051db2.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/828ada83-d82f-4d96-bba2-3f5003da4ef0.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:26:09.908Z.