Ajax Engineering Past Earnings Performance

Past criteria checks 5/6

Ajax Engineering has been growing earnings at an average annual rate of 28.9%, while the Machinery industry saw earnings growing at 26.5% annually. Revenues have been growing at an average rate of 29.2% per year. Ajax Engineering's return on equity is 25.8%, and it has net margins of 13%.

Key information

28.9%

Earnings growth rate

28.9%

EPS growth rate

Machinery Industry Growth	21.0%
Revenue growth rate	29.2%
Return on equity	25.8%
Net Margin	13.0%
Last Earnings Update	31 Dec 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ajax Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:AJAXENGG Revenue, expenses and earnings (INR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 24	19,754	2,574	1,120
30 Sep 24	18,265	2,432	1,103
30 Jun 24	17,840	2,342	1,034
31 Mar 24	17,414	2,251	966
31 Mar 23	11,511	1,359	790
31 Mar 22	7,633	662	701
31 Mar 21	7,417	974	635

Quality Earnings: AJAXENGG has high quality earnings.

Growing Profit Margin: AJAXENGG's current net profit margins (13%) are higher than last year (12.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AJAXENGG's earnings have grown significantly by 28.9% per year over the past 5 years.

Accelerating Growth: AJAXENGG's earnings growth over the past year (26.8%) is below its 5-year average (28.9% per year).

Earnings vs Industry: AJAXENGG earnings growth over the past year (26.8%) exceeded the Machinery industry 22.8%.

Return on Equity

High ROE: AJAXENGG's Return on Equity (25.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/02 00:04
End of Day Share Price	2025/05/02 00:00
Earnings	2024/12/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ajax Engineering Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Raghunandhan N. L.	Nuvama Wealth Management Limited