AJAXENGG
AJAX ENGINEERING LIMITED
Each stock's 10,000-path forecast, rendered as light.
AJAX ENGINEERING LIMITED (AJAXENGG) Stock Analysis & Case Study
Is AJAXENGG a good buy? The data-driven verdict.
AJAX ENGINEERING LIMITED (AJAXENGG) trades at ₹565,on the numbers it mixed signals, a Downstox Snapshot Score of 51/100.
On the numbers, AJAX ENGINEERING LIMITED (AJAXENGG) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 28.1× earnings, ROE of 17.8%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
AJAXENGG fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How AJAXENGG ranks against the 2,373 companies in our screener
- AJAXENGG's market cap of 6,469 Cr ranks in the 70th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- AJAXENGG's book value of ₹122 ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- AJAXENGG's promoter holding of 80.0% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- AJAXENGG's 3-year profit (PAT) growth of 19.0% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- AJAXENGG's 3-year revenue growth of 22.0% ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a debt-to-equity ratio figure for AJAXENGG, as of 9 Aug 2026, so it is not ranked here.
Is AJAXENGG overvalued? AJAXENGG P/E vs peers
AJAXENGG trades at 28.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
AJAXENGG share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.4y of AJAXENGG history (-4%/yr drift, 38%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| AJAXENGG 2027 | ₹356 | ₹585 | ₹961 | +4% |
| AJAXENGG 2028 | ₹301 | ₹606 | ₹1,220 | +7% |
| AJAXENGG 2029 | ₹268 | ₹627 | ₹1,469 | +11% |
| AJAXENGG 2030 | ₹238 | ₹649 | ₹1,769 | +15% |
| AJAXENGG 2031 | ₹223 | ₹672 | ₹2,027 | +19% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability AJAXENGG goes up, or doubles?
The bull case for AJAXENGG
- AJAXENGG's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- AJAXENGG's return on capital employed of 23.9% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,469.
The bear case & risks
- AJAXENGG's P/E of 28.1x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹268.
AJAXENGG volatility & expected range, how bumpy is the ride?
Over the last 1.4 years AJAXENGG compounded at -4%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹356-₹961, the honest backbone behind any single price target.
AJAXENGG price forecast, the full 60-month probability fan
AJAXENGG price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds AJAXENGG hits common targets within the simulated horizon?
Full multi-horizon detail on the AJAXENGG price target & forecast page.
AJAXENGG Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. AJAXENGG scores 5/8, mixed financial health.
AJAXENGG MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy AJAXENGG with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 31.83% | 3.1× |
| Groww | 31.87% | 3.1× |
| Dhan | 31.83% | 3.1× |
| Kotak Neo | 40.00% | 2.5× |
| Paytm Money | 31.87% | 3.1× |
| Pocketful | 31.91% | 3.1× |
| Fyers | 50.00% | 2.0× |
| Anand Rathi | 31.83% | 3.1× |
| Bajaj Broking | 40.00% | 2.5× |
| Share IndiaCHEAPEST | 31.59% | 3.2× |
Compare every broker on the AJAXENGG MTF page.
About AJAX ENGINEERING LIMITED: sector, index & market-cap context
AJAX ENGINEERING LIMITED (AJAXENGG) is a small-cap NSE-listed company, with a market capitalisation of ₹6,469 Cr. See more stocks on our screener.
How the AJAXENGG Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of AJAX ENGINEERING LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
AJAXENGG analysis, FAQs
Is AJAX ENGINEERING LIMITED (AJAXENGG) a good buy?
On the numbers, AJAX ENGINEERING LIMITED (AJAXENGG) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 28.1× earnings, ROE of 17.8%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is AJAXENGG overvalued or undervalued?
AJAXENGG trades at 28.1× earnings, premium versus the ~22× long-run Nifty average.
What is the AJAXENGG share price target for 2031?
AJAXENGG's probability-weighted 2031 median target is ₹672, with an 80% range of ₹223-₹2,027 (10,000-path Monte-Carlo).
What is the probability AJAXENGG doubles in 5 years?
The modelled probability of AJAXENGG reaching ₹1,131 (2×) within 5 years is 28%.
What is the bull case for AJAXENGG?
AJAXENGG's return on equity of 17.8% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. AJAXENGG's return on capital employed of 23.9% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in AJAXENGG?
AJAXENGG's P/E of 28.1x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.