Ajax Engineering Revenue Surpasses Rs 20 Billion in FY25

28 May 2025 CW Team

Profit After Tax (PAT) rose to Rs 2.6 billion, a 15.5 per cent increase over the previous year. EBITDA stood at Rs 3.18 billion, reflecting an improvement of 15.5 per cent. However, the EBITDA margin declined slightly by 50 basis points to 15.3 per cent.

In Q4 FY25, revenue reached Rs 7.56 billion, up 15 per cent YoY. PAT for the quarter came in at Rs 910 million, growing 3 per cent, while EBITDA rose 1.5 per cent to Rs 1.11 billion.

Strategic and Operational Highlights:

4. Ajax maintained a strong 75 per cent market share in the Self-Loading Concrete Mixer (SLCM) segment.

5. The Spare Parts and Services division posted a 33 per cent YoY increase.

6. Export revenue rose 29 per cent, while total EBITDA improved by 15 per cent.

Managing Director and CEO, Mr Shubhabrata Saha, stated:

“FY25 has been a year of resilience. Despite regulatory changes and subdued infrastructure activity, we surpassed the Rs 20 billion revenue mark while retaining profitability. Our new B2B sales strategy for non-SLCM products and facility investments are paving the way for future growth.”

Chief Financial Officer Mr Tuhin Basu added:

“We have delivered healthy results in Q4 and FY25 across key segments. Our balance sheet remains strong, and we are well-placed to invest in future expansion and innovation.”

Key Strategic Initiatives:

7. CEV-5 Launch: Early introduction of compliant models ahead of June 2025 deadline.

8. Product Innovation: Ajax remains the only Indian manufacturer with in-house Slip-Form Paver and commercial 3D Concrete Printer.

9. Network Expansion: Dealer base now includes 51 domestic and 26 international distributors across 48 countries.

10. New Facility: The Adinarayanahosahalli plant is on track for commissioning by Q2 FY26, with production expected to begin in H2.

11. B2B Sales Channel: A new institutional go-to-market strategy is in place for non-SLCM offerings.

Ajax Engineering continues to position itself as a leader in India’s construction equipment sector, with sustained investments in innovation, operational flexibility, and market expansion.

Ajax Engineering Limited, one of India’s leading manufacturers of construction equipment, reported robust financial performance for the fiscal year ending 31st March 2025, with consolidated revenue from operations crossing Rs 20.74 billion—marking a 19 per cent year-on-year increase.Profit After Tax (PAT) rose to Rs 2.6 billion, a 15.5 per cent increase over the previous year. EBITDA stood at Rs 3.18 billion, reflecting an improvement of 15.5 per cent. However, the EBITDA margin declined slightly by 50 basis points to 15.3 per cent.In Q4 FY25, revenue reached Rs 7.56 billion, up 15 per cent YoY. PAT for the quarter came in at Rs 910 million, growing 3 per cent, while EBITDA rose 1.5 per cent to Rs 1.11 billion.Strategic and Operational Highlights:4. Ajax maintained a strong 75 per cent market share in the Self-Loading Concrete Mixer (SLCM) segment.5. The Spare Parts and Services division posted a 33 per cent YoY increase.6. Export revenue rose 29 per cent, while total EBITDA improved by 15 per cent.Managing Director and CEO, Mr Shubhabrata Saha, stated:“FY25 has been a year of resilience. Despite regulatory changes and subdued infrastructure activity, we surpassed the Rs 20 billion revenue mark while retaining profitability. Our new B2B sales strategy for non-SLCM products and facility investments are paving the way for future growth.”Chief Financial Officer Mr Tuhin Basu added:“We have delivered healthy results in Q4 and FY25 across key segments. Our balance sheet remains strong, and we are well-placed to invest in future expansion and innovation.”Key Strategic Initiatives:7. CEV-5 Launch: Early introduction of compliant models ahead of June 2025 deadline.8. Product Innovation: Ajax remains the only Indian manufacturer with in-house Slip-Form Paver and commercial 3D Concrete Printer.9. Network Expansion: Dealer base now includes 51 domestic and 26 international distributors across 48 countries.10. New Facility: The Adinarayanahosahalli plant is on track for commissioning by Q2 FY26, with production expected to begin in H2.11. B2B Sales Channel: A new institutional go-to-market strategy is in place for non-SLCM offerings.Ajax Engineering continues to position itself as a leader in India’s construction equipment sector, with sustained investments in innovation, operational flexibility, and market expansion.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..