About Ajax Engineering Private Limited
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Ajax Engineering Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 December 1983.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74200KA1983PTC005782. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹47 Lakh and a paid-up capital of ₹46.98 Lakh. It was led by directors Krishnaswamy Vijay and Jacob Jiten John.
Its last annual general meeting (AGM) was held on 06 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 253/2 11th Main Road 3rd Phase Peenya Industrial Area. Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2017, the company reported a revenue of ₹84.91 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹71.1 Cr (net margin 83.7%) and EBITDA of ₹168.31 Cr (EBITDA margin 198.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
Its group structure included 2 subsidiaries.
The company was associated with 2 brands: Ajax Engineering and Ajax Fiori. As per MCA filings, the company had satisfied charges of ₹4.6 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The last known website on record is ajax-fiori.com.
Company details
CIN history
Ajax Engineering has one previous CIN (Corporate Identification Number): U06022KA1983PTC005782. The current CIN is U74200KA1983PTC005782, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74200KA1983PTC005782 | Current |
| U06022KA1983PTC005782 | Previous |
Contact details
Ajax Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is ajax-fiori.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address253/2 11th Main Road 3rd Phase Peenya Industrial Area. Peenya, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Construction Machinery & Equipment
To see the full contact details of Ajax Engineering Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ajax Engineering operates two associated brands: Ajax Engineering and Ajax Fiori. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Concreting equipment and machinery are manufactured and supplied by AJAX. | ajax-engg.com | |
| Produces high-quality concrete construction equipment for cement production and building projects. | ajax-fiori.com |
Financials of Ajax Engineering Private Limited
FY 2018 filings availableAjax Engineering Private Limited reported revenue of ₹84.91 Cr (up 55% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over three years, including 55% growth in the latest year. EBITDA rose 88% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹84.91 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹168.31 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹71.1 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 198.2% | ||
| Net Profit Margin | 83.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Ajax Engineering Private Limited, buy the company report.
Board of directors of Ajax Engineering Private Limited
Ajax Engineering has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnaswamy Vijay Also directs: Ajax Engineering Limited | Director | 03 Jul 1992 | 34 Years 4 Months | As last reported |
| Jacob Jiten John | Director | 01 Apr 2011 | 15 Years 7 Months | As last reported |
Auditor
Ajax Engineering Private Limited is audited by RAJAGOPAL & BADRI NARAYANAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGOPAL & BADRI NARAYANAN | FY 2017 | 003024S |
Shareholding
The shareholding of Ajax Engineering Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ajax Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2000 | 90195514 | State Bank of India | ₹4 Lakh | Satisfied | |
| 08 Jan 1998 | 90195405 | State Bank of India | ₹9 Lakh | Satisfied | |
| 29 May 1996 | 90189415 | State Bank of India | ₹2.47 Cr | Satisfied | |
| 20 Jan 1996 | 90195303 | State Bank of India | ₹75 Lakh | Satisfied | |
| 10 Nov 1995 | 90195287 | State Bank of India | ₹33 Lakh | Satisfied |
To see the full charge records of Ajax Engineering Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Ajax Engineering Private Limited has 6 court cases on record: 2 filed by Ajax Engineering, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Vishnutek Engineers Pvt Ltd and 1 other | Disposed |
| High Court, JHARKHAND | Court case (W.P.(Cr.)) | Filed by the company against The State of Jharkhand and 1 other | Disposed |
| District court, Bokaro, Jharkhand | Motor accident claim | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Registrar of Trademarks and 1 other | Disposed |
To see the full case history of Ajax Engineering Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ajax Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ajax Engineering has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ajax Engineering Private Limited | U28920KA1992PTC013306 | |
| Ajax Fiori Engineering (India) Private Limited | U28920KA1992PTC013306 |
To see the full group structure of Ajax Engineering Private Limited, buy the company report.
GST
Ajax Engineering has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ajax Engineering Private Limited, buy the company report.
Recent activity
Ajax Engineering Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Enrico Santini ceased to be Director on 05 Dec 2017.
25 earlier events are in the company report.
Frequently asked questions
Ajax Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ajax Engineering was a private limited company based in Bangalore, Karnataka, India. The company worked in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 30 December 1983 and is registered under CIN U74200KA1983PTC005782. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ajax Engineering was incorporated on 30 December 1983. It is registered with the Registrar of Companies, Bangalore.
Ajax Engineering had 2 directors:
- Krishnaswamy Vijay - Director
- Jacob Jiten John - Director
The CIN (Corporate Identification Number) of Ajax Engineering is U74200KA1983PTC005782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ajax Engineering is at 2532 11th Main Road 3rd Phase Peenya Industrial Area. Peenya, Bangalore, Karnataka, India – 560058.
Ajax Engineering can be reached through the website ajax-fiori.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Ajax Engineering on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 06 July 2018. Year-wise statements from 2015 are in the company report.
No. Ajax Engineering has 2 GST registrations on record and all of them are cancelled or inactive.
Ajax Engineering operated in the machinery and equipment industry, in the construction machinery and equipment segment.
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