Ajax Engineering Limited - electrical in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN L28245KA1992PLC013306 Incorporated 03 July 1992 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed Public Limited Company electrical
Data last updated
Market Cap
₹6,581 Cr
AJAXENGG · NSE
Share Price
₹607.75
+5.66% today
Revenue
₹2,103 Cr
FY 2025-26 · +4.8% YoY
EBITDA
₹263 Cr
Margin 12.5%
Net Profit
₹227 Cr
FY 2025-26 · -12.6% YoY
P/E (TTM)
28.3x
P/B 4.7x

About Ajax Engineering Limited

Data last updated: 25 September 2026

Ajax Engineering Limited is a public limited company based in Bangalore, Karnataka, India. It specialises in general purpose and special purpose machinery and equipment, a part of the broader electrical equipment sector. Incorporated on 03 July 1992, the company has been in operation for over 34 years.

Registered with ROC Bangalore under CIN L28245KA1992PLC013306. Listed.

Capital: an authorised share capital of ₹12.05 Cr and a paid-up capital of ₹11.44 Cr. Formerly known as Ajax Fiori Engineering (India) Private Limited and Ajax Engineering Limited. It is led by directors including Doddaballapur Prasanna Achutarao and Krishnaswamy Vijay.

Last AGM: 05 September 2025. Financial statements filed for year ended 31 March 2025. Office: 253/1 11Th Main Road 3Rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,102.54 Cr, a growth of 1.38% compared to the previous year. The net worth stands at ₹1,392.22 Cr (up 20.32% YoY). Total assets are valued at ₹1,394.47 Cr (up 20.25% YoY).

The company has a workforce of approximately 541 employees as per the latest available data.

The company is associated with 1 brand - Ajax Engineering. As per MCA filings, the company has open charges of ₹29 Cr and satisfied charges of ₹134.02 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajax-engg.com.

Company Details of Ajax Engineering Limited
CIN L28245KA1992PLC013306
Registration Number 013306
Incorporation Date 03 July 1992
ROC Bangalore
Listing Status Listed
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    253/1 11Th Main Road 3Rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
  • Industry
    Electrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
Company report
Ajax Engineering Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Ajax Engineering Limited report

Financials, compliance, directors, charges, ownership and filings for Ajax Engineering Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Ajax Engineering Limited

Ajax Engineering Limited has undergone 2 name changes throughout its history. The company was previously known as Ajax Fiori Engineering (India) Private Limited, and Ajax Engineering Limited. The current legal name is Ajax Engineering Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Ajax Engineering Limited Current
Ajax Fiori Engineering (India) Private Limited Previous

CIN History of Ajax Engineering Limited

Ajax Engineering Limited has one previous CIN (Corporate Identification Number): U28920KA1992PTC013306. The current CIN is L28245KA1992PLC013306, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L28245KA1992PLC013306 Current
U28920KA1992PTC013306 Previous

Associated Brands with Ajax Engineering Limited

Ajax Engineering Limited operates one associated brand: Ajax Engineering. These brands represent Ajax Engineering Limited's diversified market presence and brand portfolio.

Brand Description Website
Concreting equipment and machinery are manufactured and supplied by AJAX. ajax-engg.com

Board of Directors of Ajax Engineering Limited

Ajax Engineering Limited is currently managed by 5 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Doddaballapur Prasanna Achutarao Director 06 Jul 2023 3 Years 2 Months Current
Krishnaswamy Vijay Whole-Time Director 03 Jul 1992 34 Years 2 Months Current
Jayashree Satagopan Director 09 Aug 2024 2 Years 1 Months Current
Shubhabrata Saha Managing Director 02 Jan 2023 3 Years 8 Months Current
Sachin Rajkumar Nandgaonkar Additional Director 18 May 2026 0 Years 4 Months Current

Financials of Ajax Engineering Limited FY 2025-26 filings available

Ajax Engineering Limited reported revenue of ₹2,102.54 Cr (up 1.38% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹2,103 Cr
+1.4% YoY
EBITDA
₹263 Cr
-17.4% YoY
Profit After Tax
₹227 Cr
-12.6% YoY
Net Worth
₹1,392 Cr
+20.3% YoY
Total Assets
₹1,394 Cr
+20.2% YoY
Total Debt
₹1.83 Cr
+3.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1032,0741,7411,151763742736
Revenue growth+4.8%+19.8%+49.5%+45.7%+9.8%+1.6%+9997.0%
EBITDA26331827617190.48129133
EBITDA margin+12.5%+15.3%+15.8%+14.8%+11.9%+17.4%+18.1%
Profit before tax30135130218390.42129131
Net profit22726022613666.2795.6599.68
Net profit margin+10.8%+12.5%+13.0%+11.8%+8.7%+12.9%+13.5%
EPS (₹)19.5622.7319.681,187.872,314.973,405.313,490.56
Balance sheet
Total assets1,3941,160927729588515430
Net worth1,3921,157918714578512414
Total debt1.831.778.2411.577.160.8115.26
Cash & bank16967.4871.259.0522.651533.00
Net working capital21429610749.3312126980.49
Cash flow
Cash from operations37742.7220718584.7271.54131
Cash from investing(257)(34.66)(116)(193)(129)(6.54)(109)
Cash from financing(0.36)(25.51)(25.46)(0.34)(0.40)0.39(13.85)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue475758434445467756548301
Revenue growth (YoY)+1.7%+0.3%-20.9%+47.8%-0.5%+15.0%+37.3%+9997.0%
Other income18.2013.2213.2610.0912.6011.736.9011.40
Total expenses415643392400405645460262
EBITDA59.1411541.4045.2661.3911188.0639.07
EBITDA margin+12.5%+15.1%+9.5%+10.2%+13.2%+14.7%+16.1%+13.0%
Depreciation2.831.882.862.662.982.822.832.65
Interest0.200.050.090.070.07(2.43)0.560.53
Profit before tax74.3112651.7152.6270.9412291.5747.29
Tax18.7031.0013.4713.5518.0731.2323.4513.26

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Sep 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue475758434445467756548301
Revenue growth (YoY)+1.7%+0.3%-20.9%+47.8%-0.5%+15.0%+37.3%+9997.0%
Other income18.2013.2213.2610.0912.6011.736.9011.40
Total expenses415643392400405645460262
EBITDA59.1411541.4045.2661.3911188.0639.07
EBITDA margin+12.5%+15.1%+9.5%+10.2%+13.2%+14.7%+16.1%+13.0%
Depreciation2.831.882.862.662.982.822.832.65
Interest0.200.050.090.070.07(2.43)0.560.53
Profit before tax74.3112651.7152.6270.9412291.5747.29
Tax18.7031.0013.4713.5518.0731.2323.4513.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1032,0741,7411,151763742736
Revenue growth+4.8%+19.8%+49.5%+45.7%+9.8%+1.6%+9997.0%
Other income49.1842.8138.6721.448.569.347.06
Total expenses1,8401,7561,466980673613603
Employee cost0.0011087.1172.3166.8861.0655.87
EBITDA26331827617190.48129133
EBITDA margin+12.5%+15.3%+15.8%+14.8%+11.9%+17.4%+18.1%
Depreciation10.3710.9310.278.568.207.967.97
Interest0.28(0.87)2.030.680.420.890.63
Profit before tax30135130218390.42129131
Tax76.0890.7976.7747.0524.2231.9631.58
Net profit22726022613666.2795.6599.68
Net profit margin+10.8%+12.5%+13.0%+11.8%+8.7%+12.9%+13.5%
EPS (₹)19.5622.7319.681,187.872,314.973,405.313,490.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.4411.4411.4411.442.862.862.86
Reserves & surplus1,3811,146907702575509412
Shareholders' funds (net worth)1,3921,157918714578512414
Secured loans0.000.006.2310.147.160.1615.14
Unsecured loans1.831.772.011.430.000.650.12
Total debt1.831.778.2411.577.160.8115.26
Total liabilities1,3941,160927729588515430
Assets
Gross block241226208205188135151
Net block182176167167157112135
Capital work in progress34.9820.6417.356.117.290.790.99
Investments95265662549529680.80201
Inventories165258227173172254143
Sundry debtors17916588.2275.0354.7459.9356.43
Cash & bank balances16967.4871.259.0522.651533.00
Loans & advances44.6812021.4625.9614.7815.396.37
Total current assets558609408283265483208
Total current liabilities343313300234144214128
Net working capital21429610749.3312126980.49
Total assets1,3941,160927729588515430
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash45.9563.39(3.04)5.7850.00(14.75)(7.40)
Net cash from operating activities37742.7220718584.7271.54131
Net cash from investing activities(257)(34.66)(116)(193)(129)(6.54)(109)
Net cash from financing activities(0.36)(25.51)(25.46)(0.34)(0.40)0.39(13.85)
Net change in cash120(17.45)66.44(8.82)(44.22)65.407.65
Closing cash16967.4871.259.0522.651533.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.4%+19.1%+51.3%+50.8%+2.9%+0.8%+9997.0%
EBITDA growth-17.4%+15.5%+61.4%+88.7%-29.8%-3.1%+9997.0%
PBT growth-14.2%+16.2%+65.0%+102.3%-30.1%-1.6%+9997.0%
Net income growth-12.6%+15.2%+66.0%+105.2%-30.7%-4.0%+9997.0%
Revenue CAGR (3Y)+22.2%+39.5%+32.9%+16.1%---
EBITDA CAGR (3Y)+15.5%+52.1%+28.8%+8.7%---
Profitability & leverage
Net income margin+10.7%+12.5%+12.9%+11.8%+8.7%+13.1%+13.6%
Return on capital employed-+33.6%+36.7%+27.9%+16.5%+27.6%+30.7%
Return on net worth-+25.1%+27.6%+21.0%+12.2%+21.0%+24.1%
Debt / equity-0.000.010.010.010.020.04
Long-term debt / equity-0.000.000.000.000.000.00
Interest cover0.11-0.280.770.420.510.740.50
Efficiency & per share
Fixed asset turnover-9.568.445.864.725.174.87
Inventory turnover-8.568.716.673.583.745.16
Debtors turnover-16.4021.3317.7413.3112.7513.04
EPS (₹)19.5622.7319.681,187.872,314.973,405.313,490.56
Dividend per share (₹)0.000.002.170.000.000.000.00
Book value per share (₹)0.00101.1480.236,238.9720,219.3717,898.5314,491.26
Want more history and ratios?
You're viewing the latest exchange-filed financials for Ajax Engineering Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Charges & Borrowings of Ajax Engineering Limited

Open charges
₹29 Cr
Satisfied charges
₹134.02 Cr
Breakdown by lending institutions
State Bank of India₹29.00 Cr
Latest charge details
DateLenderAmountStatus
27 Jul 1993 State Bank of India ₹29 Cr Open
10 Mar 2018 Others ₹77 Cr Satisfied
28 Sep 2017 Hdfc Bank Limited ₹50 Cr Satisfied
07 Aug 2014 State Bank of India ₹6.95 Cr Satisfied
28 Aug 1989 Karnataka State Financial Corporation ₹6.84 Lakh Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Ajax Engineering Limited

View historical data on people associated with Ajax Engineering Limited, including employment history and EPFO contributions.

Premium access

Employee and EPFO history for Ajax Engineering Limited

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

GST Compliance of Ajax Engineering Limited

Premium access

GST registrations and filing compliance for Ajax Engineering Limited

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Ajax Engineering Limited

Premium access

Credit ratings, litigation, and regulatory alerts for Ajax Engineering Limited

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

Verified entity values are shown only after access is granted.

MSME Payment Delays by Ajax Engineering Limited

Premium access

MSME payment history for Ajax Engineering Limited

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

  • Outstanding amounts
  • Delay periods and reasons
  • MSME-1 filing history
  • Vendor payment signals

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Ajax Engineering Limited

Premium access

Corporate group structure for Ajax Engineering Limited

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Ajax Engineering Limited

Premium access

MCA filings and documents for Ajax Engineering Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Recent Activity on Ajax Engineering Limited

Directors
23 Jun 2026
Ketan Vishnu Pendse was appointed as a Cfo on 23 Jun 2026 & has been associated with this company since 3 months 5 days.
Directors
18 May 2026
Sachin Rajkumar Nandgaonkar was appointed as a Additional Director on 18 May 2026 & has been associated with this company since 4 months 11 days.
Activity
05 Sep 2025
Ajax Engineering Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Ajax Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
09 Aug 2024
Jayashree Satagopan was appointed as a Director on 09 Aug 2024 & has been associated with this company since 2 years 1 month.
Directors
17 Jul 2023
Shruti Vishwanath Shetty was appointed as a Company Secretary on 17 Jul 2023 & has been associated with this company since 3 years 2 months.

Frequently Asked Questions about Ajax Engineering Limited

Ajax Engineering Limited is an active public limited company in the electrical sector based in Bangalore, Karnataka, India. It was incorporated on 03 July 1992 (34+ years old) and is registered under CIN L28245KA1992PLC013306. The company has 541 employees.

Ajax Engineering Limited reported revenue of ₹2,102.54 Cr for FY 2025-26 (up 1.38% YoY) based on standalone financials.

The current directors of Ajax Engineering Limited are:

The primary industry of Ajax Engineering Limited is electrical. The company specifically operates in general purpose and special purpose machinery and equipment. The company is currently active in this sector.

Yes, Ajax Engineering Limited is a listed company.

Ajax Engineering Limited can be reached at the registered office: 2531 11Th Main Road 3Rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058, or through the website ajax-engg.com.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available