Quarterly Result2 Aug 2025, 07:22 pm
Ajax Engineering Reports Steady Q1 FY26 Performance Amid Transition to CEV-5 Emission Norms
AI Summary
Ajax Engineering Limited, a leading concreting equipment manufacturer in India, has reported steady revenues at 466 crores and Profit After Taxes of 153 crores in Q1 FY26. Despite regulatory transitions and muted industry demand, the company managed to complete its transition to CEV-5 compliant products and reported flat YoY revenue in SLCM and 25% growth in non-SLCM volumes. The company's EBITDA and PAT margins were impacted due to product mix and cost increases experienced during the transition. The company expects business momentum to improve from H2 FY26 and remains focused on capability building, execution excellence, and long-term growth.
Key Highlights
- Steady revenues of 466 crores in Q1 FY26
- Profit After Taxes of 153 crores in Q1 FY26
- Completion of CEV-5 compliant product transition
- SLCM revenue remained flat YoY at 3385 Cr in Q1 FY26
- Non-SLCM volumes grew 25% YoY
- EBITDA and PAT margins impacted due to product mix and cost increases