This article is going to mainly focus on Ajax Engineering Share Price Target 2025, 2026, and 2030. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
Ajax Engineering Chart
About Ajax Engineering
Ajax Engineering is a leading concrete equipment manufacturer in India, founded in 1992 to manufacture Self Loading Concrete Mixers, today the company is a global leader in this product. The company manufactures products such as Self-loading Concrete Mixers, Stationary Pumps, Concrete Batching Plants, Boom Pumps Automatic Boom Pumps, Slip Form Pavers and Transit Mixers. It serves the construction and infrastructure sectors with advanced and reliable solutions.
Ajax Engineering is headquartered in Bangalore and has two state-of-the-art manufacturing units in Doddaballapur and Gowribidanur. The company has more than 30 dealers and 100+ touch points across the country that provide sales and after sales support to customers. Its network extends to countries like Bangladesh, Myanmar, Sri Lanka, Philippines, Mozambique, Cambodia, Uganda, Egypt, Oman, UAE, Vietnam, Tunisia, and Kenya.
Ajax Engineering Fundamentals
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Ajax Engineering Price Target 2025
Ajax Engineering is a 32-year-old company with experience and reputation. The stock of Ajax Engineering will trade between ₹ 456 to ₹ 780.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹456 | ₹780 |
Ajax Engineering Share Price Target 2026
According to market exports, the price target of Ajax Engineering for 2026 is going to be between Rs480 to Rs 680.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹480 | ₹680 |
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Ajax Engineering Share Price Target 2030
According to market experts, Ajax Engineering Share Price Target 2030 is going to be between Rs756 to Rs 1040.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹756 | ₹1040 |
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Ajax Engineering Share Price Target: Export Opinion
Strengths
- The company has been continuously profitable for the last several years.
- Every year, its profit has seen an incredible growth percentage.
- In the last FY, its revenue has registered a growth of 51.81%.
- The company is almost debt free with a debt to equity ratio of 0.01.
- Its ROE and ROCE point to good returns.
- The company has a reserve of Rs 906.52 crore which shows the stability of the company.
- The company has more than 75% market share in India.
Risks
- The company is newly listed on the stock market, so it has no track record.
- 85.13% of the company’s total revenue for FY 24 comes from SLCM. Any decline in SLCM sales will directly impact the company.
- The company is also affected by seasonal factors like monsoon or festivals.
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Technical Analysis
Ajax Engineering Quarterly Report
| Description | Sep 24 | Sep 23 |
| Revenue + | ₹770Cr. | ₹685Cr. |
| Expenses + | ₹651Cr | ₹585Cr. |
| Net Profit | ₹101.02Cr | ₹83Cr. |
| Operating Profit Margin | 15% | 15% |
| Dividends Per Share | 0.00 | 0.00 |
Ajax Engineering Annual Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹1741Cr | ₹1151Cr | ₹763Cr | ₹742Cr |
| Total Expenses | ₹1465Cr | ₹980Cr | ₹673Cr | ₹615Cr |
| Profit/Loss | ₹225Cr | ₹136Cr | ₹66Cr | ₹97Cr |
| ROCE | 37% | 28% | 17% | 28% |
| Operating Profit Margin | 16% | 15% | 12% | 17% |
| Dividends Per share | 0.00 | 0.00 | 0.00 | 0.00 |
Ajax Engineering Cash Flow
| Particulars | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
| Cash Flow From Operating Activities | ₹207 Cr | ₹185Cr | ₹85Cr | ₹72Cr |
| Cash Flow From Investing Activities | ₹-116Cr | ₹-193Cr | ₹-129Cr | ₹-7Cr |
| Cash Flow From Financing Activities | ₹-25 Cr | ₹0 | ₹0 | ₹0 |
| Net Change In Cash | ₹66Cr | ₹-9Cr | ₹-44Cr | ₹65Cr |
Ajax Engineering Share Price Target 2025, 2026, 2030
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹456 | ₹780 |
| 2026 | ₹480 | ₹680 |
| 2030 | ₹756 | ₹1040 |
Also Read: SW Solar price target, guarantee boom in solar sector.
How to Buy Ajax Engineering Shares?
Buying and selling of Ajax Engineering can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Ajax Engineering Similar Stocks
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|---|---|---|---|---|
| SJVN power | ₹38.56KCr. | -5.35% | ₹95.34 | ₹98.75 |
| Reliance Power | ₹15.92KCr. | 39.12% | ₹39.31 | ₹40.54 |
| Transrail lighting | ₹7.47 KCr. | 0.21% | ₹552.90 | ₹576.70 |
| Tata Power | ₹1.16 LCr. | 4.71% | ₹355.10 | ₹365.90 |
| JP Power | ₹11.09KCr | 1.82% | ₹16.08 | ₹16.41 |
| Waaree Renewables | ₹10.59 KCr | 60.90% | ₹960 | ₹1034.95 |
| Rattan Power | ₹6.79 KCr. | 27.04% | ₹12.45 | ₹13.04 |
| Urja Global | ₹846.82 Cr | -11.10% | ₹14.53 | ₹41.65 |
| Adani Power | ₹2.01LCr. | 0.90% | ₹518.70 | ₹537.95 |
| SW Solar | ₹8.31KCr. | -31.86% | ₹354.30 | ₹372.45 |
Profitable Stocks
| Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
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| TCS | ₹1544LCr | 14.87% | ₹3591.50 | ₹4592.25 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Bharti Airtel | ₹9.66 LCr | 51.59% | ₹1051.60 | ₹1779 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Ajax Engineering share price target 2025?
Ans: 2025 price target of Ajax Engineering will be between Rs.456 to Rs.780.
Q2. What is the Ajax Engineering share price target 2030?
Ans: Ajax Engineering will trade between Rs756 and Rs1040 in 2030.
