Ajax Engineering FY26 Revenue ₹2,103 Crore, Q4 Margins Improve

Ajax Engineering reported FY26 revenue of ₹2,103 crore, up 1% YoY, in a challenging operating environment.
Q4 FY26 EBITDA grew 4% YoY to ₹115 crore with margin improving 40 bps to 15.1% on operational efficiencies.
The company reclaimed 73.5% market share in SLCM segment after complete phase-out of older emission-standard machines.
Non-SLCM revenue grew 7% and Spares & Services revenue increased 9% YoY, showing more balanced revenue mix.