+
Ajax Engineering Revenue Surpasses Rs 20 Billion in FY25
Equipment

Ajax Engineering Revenue Surpasses Rs 20 Billion in FY25

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.

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.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?