Ajax Engineering Q2 FY27 Results: Standalone Net Profit ₹50.91 Crore on Total Income of ₹507 Crore
- Earnings
- construction equipment
Reviewed byKeshav SehgalBlacklitt Research
Ajax Engineering (NSE: AJAXENGG) reported total income of ₹506.85 crore and net profit of ₹50.91 crore for the quarter ended 30 Sep 2026, on a standalone basis, it said in a filing on 06 Nov 2026. The company has no subsidiary, associate or joint venture.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹506.85 crore, up 11.4% YoY and 2.9% QoQ
- Net profit and EPS: ₹50.91 crore, up 30.3% YoY and down 8.4% QoQ; basic EPS ₹4.45
- Other income: ₹19.82 crore, up 96.4% YoY, 3.9% of total income
- Finance costs: ₹0.04 crore, down 41.7% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 506.85 | 454.90 | +11.4% | 492.79 | +2.9% | |
| Revenue from operations | 487.03 | 444.81 | +9.5% | 474.60 | +2.6% |
| Other income | 19.82 | 10.09 | +96.4% | 18.20 | +9.0% |
| 50.91 | 39.07 | +30.3% | 55.60 | -8.4% | |
| Profit before tax | 68.23 | 52.62 | +29.7% | 74.31 | -8.2% |
| Finance costs | 0.04 | 0.07 | -41.7% | 0.20 | -79.3% |
| Depreciation | 3.02 | 2.70 | +11.9% | 2.83 | +6.8% |
| Tax expense | 17.31 | 13.55 | +27.7% | 18.70 | -7.4% |
| Net profit margin | 10.05% | 8.59% | +1.46 pp | 11.28% | -1.24 pp |
| EPS, basic (₹) | 4.45 | 3.41 | +30.5% | 4.86 | -8.4% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit rose 30.3% YoY against 11.4% for total income, while revenue from operations grew 9.5%. Other income of ₹19.82 crore was 29.1% of profit before tax of ₹68.23 crore, compared with ₹10.09 crore a year earlier. The filing does not give the reason for the rise in other income.
Tax took a larger share of profit this quarter than last quarter. Tax expense of ₹17.31 crore was 25.4% of profit before tax.
Finance costs are negligible against revenue. At ₹0.04 crore they were 0.0% of total income, and they fell from ₹0.20 crore in the June 2026 quarter. Depreciation rose 11.9% YoY to ₹3.02 crore.
Inference
The filing states that the company has no subsidiary, associate or joint venture as on 30 Sep 2026, and that it operates as a single business segment in concrete equipment manufacture.
The Board recommended the regularisation of Shishir Joshipura as a Non-Executive Independent Director and approved a Postal Ballot Notice seeking an Ordinary Resolution for his appointment. The notice will be published in due course; the filing does not say whether it has been issued or when. The filing does not say whether any dividend has been declared with these results.
Filed with BSE on . Reference: Original filing (PDF)
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