Ajax Engineering Ltd. (AJAXENGG) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 18.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 443
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): 4.60
• Shares Outstanding: 114,406,800
• 10 Day Avg. Volume: 43,273
• 30 Day Avg. Volume: 18,784
• PEG Ratio: 1.75
• Price to Book (P/B): 6.09
• Price to Sales (P/S): 3.40
• P/FCF Ratio: 365.65
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹700.00
• Price Target Upside: 13.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: ₹761.00 ▲(23.03% Upside)

Ajax Engineering Ltd. demonstrates robust financial performance with solid revenue and profit growth, making it a strong contender in the agricultural machinery industry. The technical analysis indicates positive momentum but warns of potential overbought conditions. The absence of valuation metrics limits a full assessment, but overall financial health supports a favorable stock score.

Ajax Engineering Ltd. Business Overview & Revenue Model

Company Description

Ajax Engineering Ltd. (AJAXENGG) is a leading provider of engineering solutions specializing in the design, manufacturing, and servicing of precision engineering components. The company operates primarily in the aerospace, automotive, and industrial sectors, offering a broad range of products including custom machined parts, assembly solutions, and maintenance services. With a commitment to innovation and quality, AJAXENGG serves a diverse clientele, ensuring compliance with rigorous industry standards and fostering long-term partnerships.

How the Company Makes Money

Ajax Engineering Ltd. generates revenue through multiple streams, primarily from the sale of precision-engineered components and assemblies to various industries such as aerospace, automotive, and industrial manufacturing. The company earns income from direct product sales, custom engineering services, and maintenance contracts. Additionally, AJAXENGG has developed strategic partnerships with key players in its sectors, enhancing its market reach and enabling collaborative projects that further drive revenue. The company's focus on quality and innovation allows it to command premium pricing for its products and services, contributing significantly to its financial success.

Ajax Engineering Ltd. Financial Statement Overview

Summary

Ajax Engineering Ltd. exhibits strong financial health, with substantial revenue and profit growth and a solid balance sheet with low leverage. Despite a minor decline in operating cash flow, the company's overall performance is commendable, positioning it well for future growth in the agricultural machinery industry.

Income Statement

Ajax Engineering Ltd. has demonstrated impressive revenue growth with a significant 19.1% increase from 2024 to 2025. The gross profit margin is strong at 27.1%, and the net profit margin increased to 12.5%, indicating robust profitability. The EBIT and EBITDA margins are stable at 14.8% and 15.3%, respectively, suggesting efficient operational management.

Balance Sheet

The company maintains a strong financial position with a low debt-to-equity ratio of 0.0015, highlighting minimal leverage. The return on equity is solid at 22.5%, showcasing effective utilization of shareholder funds. With an equity ratio of 78.0%, the company is well-capitalized, ensuring financial stability.

Cash Flow

While free cash flow grew by 4.6% from 2024 to 2025, operating cash flow has declined, leading to an operating cash flow to net income ratio of 0.16. The free cash flow to net income ratio is 0.07, reflecting the need for improvement in cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.55B	20.74B	17.41B	11.50B	7.62B	7.42B
Gross Profit	5.64B	5.62B	4.65B	3.22B	2.14B	2.39B
EBITDA	3.31B	3.18B	3.14B	1.92B	990.43M	1.27B
Net Income	2.62B	2.60B	2.25B	1.36B	662.08M	973.91M
Balance Sheet
Total Assets	0.00	14.82B	12.36B	9.67B	7.35B	7.31B
Cash, Cash Equivalents and Short-Term Investments	6.95B	6.95B	6.33B	4.81B	3.14B	2.34B
Total Debt	0.00	17.68M	82.30M	115.72M	71.61M	8.07M
Total Liabilities	-11.57B	3.25B	3.18B	2.53B	1.57B	2.19B
Stockholders Equity	11.57B	11.57B	9.18B	7.14B	5.78B	5.12B
Cash Flow
Free Cash Flow	-1.31B	192.68M	1.84B	1.68B	701.59M	350.44M
Operating Cash Flow	-1.21B	427.20M	2.07B	1.85B	847.24M	715.43M
Investing Cash Flow	1.27B	-346.62M	-1.16B	-1.93B	-1.29B	-106.23M
Financing Cash Flow	-125.96M	-255.06M	-254.56M	-3.37M	-4.01M	-1.16M

Ajax Engineering Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSTTILLERS	75 Outperform	₹46.47B	40.49	―	0.36%	19.06%	3.77%
AJAXENGG	74 Outperform	―	―	―	―	―	―
ESCORTS	72 Outperform	₹406.48B	17.23	―	0.76%	17.91%	121.11%
ACE	67 Neutral	₹132.51B	31.32	―	0.18%	8.29%	22.68%
UNIPARTS	64 Neutral	₹23.94B	24.37	―	2.92%	-11.58%	-13.87%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TIL	41 Neutral	₹21.01B	―	―	―	138.60%	-100.26%