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AJAX Engineering Limited — Earnings Release 2026
Nov 13, 2025
60860_rns_2025-11-13_76be6064-f4ad-4ae6-8991-e9d893ba71fa.pdf
Earnings Release
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REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: [email protected] www.ajax-engg.com
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Date: November 13, 2025
To,
BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai – 400001 BSE Scrip Code: 544356
National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 NSE Scrip Symbol: AJAXENGG
Subject: Press Release on Unaudited Standalone Financial Results for the quarter and half year ended on September 30, 2025
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release on the Unaudited Standalone Financial Results for the quarter and half year ended on September 30, 2025.
We request you to please take the same on record.
Thanking you,
For Ajax Engineering Limited
(Formerly known as Ajax Engineering Private Limited)
SHRUTI Digitally signed by SHRUTI VISHWANATH VISHWANAT SHETTY Date: 2025.11.13 H SHETTY 18:43:02 +05'30' ______________________
Shruti Vishwanath Shetty Company Secretary and Compliance Officer Membership No. A33617
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REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: [email protected] www.ajax-engg.com
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Ajax Engineering Reports Y-O-Y Revenue Growth in Q2 and H1 FY26
Bengaluru, India. November 12, 2025: Ajax Engineering Limited, India’s leading concreting equipment manufacturer, today announced its financial results for Q2 and H1 FY26, reflecting Y-O-Y revenue growth of 48% to Rs. 445 crores in Q2 and 18% growth to Rs. 911 crores in H1, driven by large contract deliveries and continued leadership in the Self-Loading Concrete Mixer (SLCM) segment.
EBITDA for Q2 FY26 stood at Rs. 45 crores, growing by around 16% Y-O-Y and Profit After Taxes stood at Rs. 39 crore, up 15% Y-O-Y. EBITDA margins declined by 280bps for the same period, impacted by transition costs to new CEV-5 emission norms and product mix changes.
Q2 & H1 FY26 Financial Highlights (All numbers are INR in Crores except margins)
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----- Start of picture text ----- Particulars Q2 Q2 YoY H1 H1 YoY ChangeFY25 FY26 Change FY25 FY26 (%)(%)Revenue from Ops 301 445 +48% 770 911 +18%Reported EBITDA 39 45 +16% 119 107 -11%EBITDA Margin 13.0% 10.2% -280 bps 15.5% 11.7% -380 bps(%)Reported PAT 34 39 +15% 101 92 -9%PAT Margin (%) 11.3% 8.8% -250 bps 13.1% 10.1% -300 bps----- End of picture text -----
Shubhabrata Saha, Managing Director & CEO, Ajax Engineering Limited , said, “After a steady performance last year, the last couple of quarters have been a period of transition. Unseasonal rains, change in emission norms, and slower project execution affected demand temporarily. However, Ajax delivered 48% year-on-year revenue growth in Q2 and 18% in H1 and volume growth remains robust across both SLCM and non-SLCM categories. While increased cost of production and changes in revenue mix impacted margins, operating leverage and efficiency measures are expected to aid profitability in the second half of FY26. We remain confident in the long-term growth trajectory and our leadership position in the concrete equipment industry.”
Key Business Highlights
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SLCM revenue: up 55% in Q2 and 21% in H1
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Non-SLCM revenue: grew 12% in Q2, stable in H1.
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Spares & Services: up 26% in Q2 and 16% in H1 YoY.
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Exports: 6% of total revenues.
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Dealer network: expanded to 115 customer touchpoints.
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Adinarayanahosahalli plant on track for commissioning in H2 FY26 with ramp-up expected in FY27.
About Ajax Engineering Limited
AJAX is a leading concreting equipment manufacturer, excelling in engineering expertise and aftersales support. Established in 1992, it is the global leader in Self-Loading Concrete Mixers and a trusted name in the concrete equipment industry. Headquartered in Bangalore, AJAX operates state-of-the-art facilities and a widespread dealer network across India and over 50 countries. Its product range includes self-loading concrete mixers, batching plants, pumps, transit mixers, and slip-form pavers. AJAX continues to drive innovation and customer-centric growth through technology and operational excellence.
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REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: [email protected] www.ajax-engg.com
Investor and Media Contacts Investor Contact: Sagar Shroff / Tanay Shah M: +91 9820519303 / +91 9833391899 E: [email protected] / [email protected]
Media Contact: Rahul Chittyana / Moumita Chattaraj M: +91 9845288264 / +91 8825291882 E: [email protected] / [email protected]
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