Ajax Engineering Limited

rs,

andra (E), Mumbai – 400 051 NSE Scrip Symbol: AJAXENGG To, BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400001. BSE Scrip Code: 544356 Subject: Analysts/ Investors’ Presentation

22%

seeing.” 3 Financial Highlights – Q3 & 9MFY25 Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) +22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26%

25%

l Highlights – Q3 & 9MFY25 Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) +22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26% 539 681 9MFY24 9MFY

24%

9MFY25 Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) +22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26% 539 681 9MFY24 9MFY25 Q3FY24 Q3FY25

37%

Mn) EBITDA (INR Mn) PAT (INR Mn) +22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26% 539 681 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY

32%

) PAT (INR Mn) +22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26% 539 681 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24

26%

+22% 13,182 10,842 +25% 2,073 1,663 +24% 1,691 1,369 +37% 5,482 3,993 +32% 881 668 +26% 539 681 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY24

80 bps

24 Q3FY25 9MFY24 9MFY25 Q3FY24 Q3FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) * +80 bps -340 bps 28.1% 28.9% 30.1% 26.7% +40 bps 15.3% 15.7% -70 bps 16.7% 16.1% +20 bps -90 b

340 bps

5 9MFY24 9MFY25 Q3FY24 Q3FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) * +80 bps -340 bps 28.1% 28.9% 30.1% 26.7% +40 bps 15.3% 15.7% -70 bps 16.7% 16.1% +20 bps -90 bps 12.3%

28.1%

9MFY25 Q3FY24 Q3FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) * +80 bps -340 bps 28.1% 28.9% 30.1% 26.7% +40 bps 15.3% 15.7% -70 bps 16.7% 16.1% +20 bps -90 bps 12.3% 12.5%

28.9%

5 Q3FY24 Q3FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) * +80 bps -340 bps 28.1% 28.9% 30.1% 26.7% +40 bps 15.3% 15.7% -70 bps 16.7% 16.1% +20 bps -90 bps 12.3% 12.5% 13.2%

30.1%

24 Q3FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) * +80 bps -340 bps 28.1% 28.9% 30.1% 26.7% +40 bps 15.3% 15.7% -70 bps 16.7% 16.1% +20 bps -90 bps 12.3% 12.5% 13.2% 12.3%

“Our YTD FY25 EBIDTA and Gross Margin % are in line with our expectations and in the range of our FY24 numbers.”

“We expect the coming few months are likely to remain slightly muted and the growth momentum to start picking up from H2 of FY26.”

“Market Leader in SLCM in India (by volume in FY24) Increasing Share in Mechanised Concrete Equipment Market 25.0% Market Share 75.0% 86% 80% 14% FY22 20% FY24 Others Ajax 64% 20% 21% 30% Boom Pumps Concrete Pumps Growing faster than market in Non-SLCM portfolio (Volume CAGR over FY22-24) 11 Long Standing Diverse Customer Base Serving Diverse Range of End Customers Individual Contractors Small and Mid-sized Contracting Firms Rental Companies Large Construction Companies Govt.”

“and Growing Global Presence 26.5% FY22-24 Exports Revenue CAGR 25 International Dealers 46 Countries (Exported Since April 2019) * Data as of September 2024.”

“Domestic cement consumption is expected to grow at a CAGR of ~8% over FY24-29E.”

REGISTERED OFFICE

1

REGISTERED OFFICE

AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: U28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com Date: March 10, 2025 National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 NSE Scrip Symbol: AJAXENGG To, BSE Limited, 20th Floor, P.J. Towers, Dalal Street, Mumbai - 400001. BSE Scrip Code: 544356 Subject: Analysts/ Investors’ Presentation Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our communication dated March 05, 2025, we are enclosing herewith a copy of the Presentation to be made during the Investor meetings as scheduled on March 10, 2025. The above information is also hosted on the website of the Company at https://www.ajax- engg.com