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

18%

effort. Our annual growth over the past decade, i.e., from 2014 to 2024, stands at an impressive 18%. Shubhabrata Saha Managing Director & CEO Ajax has delivered consistent growth and profitability

19%

ion network, and its customer- centric approach. FY25 has been no different, with Ajax delivering 19% revenue growth and crossing the INR 2,000 crores revenue milestone, and PAT growing by 16% despit

INR 2,000 crore

ric approach. FY25 has been no different, with Ajax delivering 19% revenue growth and crossing the INR 2,000 crores revenue milestone, and PAT growing by 16% despite external challenges involving the regulatory s

16%

vering 19% revenue growth and crossing the INR 2,000 crores revenue milestone, and PAT growing by 16% despite external challenges involving the regulatory shift from CEV-4 to CEV-5 emission norms and

15%

Q4 & FY25 Revenue from Operations (INR Mn) EBITDA (INR Mn) PAT (INR Mn) +19% 20,739 17,414 +15% 3,181 2,755 +16% 2,601 2,251 +15% 6,572 7,558 +1% 1,092 1,108 +3% 883 909 FY24 FY25

1%

) PAT (INR Mn) +19% 20,739 17,414 +15% 3,181 2,755 +16% 2,601 2,251 +15% 6,572 7,558 +1% 1,092 1,108 +3% 883 909 FY24 FY25 Q4FY24 Q4FY25 FY24 FY25 Q4FY24 Q4FY25 FY24 FY25 Q

3%

9% 20,739 17,414 +15% 3,181 2,755 +16% 2,601 2,251 +15% 6,572 7,558 +1% 1,092 1,108 +3% 883 909 FY24 FY25 Q4FY24 Q4FY25 FY24 FY25 Q4FY24 Q4FY25 FY24 FY25 Q4FY24 Q4FY25 Gros

40 bps

Q4FY24 Q4FY25 FY24 FY25 Q4FY24 Q4FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) +40 bps 26.7% 27.1% -40 bps 24.5% 24.1% -50 bps -200 bps 15.8% 15.3% 16.6% 14.7% -40 bps -140

26.7%

Q4FY25 FY24 FY25 Q4FY24 Q4FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) +40 bps 26.7% 27.1% -40 bps 24.5% 24.1% -50 bps -200 bps 15.8% 15.3% 16.6% 14.7% -40 bps -140 bps 12

27.1%

5 FY24 FY25 Q4FY24 Q4FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) +40 bps 26.7% 27.1% -40 bps 24.5% 24.1% -50 bps -200 bps 15.8% 15.3% 16.6% 14.7% -40 bps -140 bps 12.9% 12

24.5%

4FY24 Q4FY25 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) +40 bps 26.7% 27.1% -40 bps 24.5% 24.1% -50 bps -200 bps 15.8% 15.3% 16.6% 14.7% -40 bps -140 bps 12.9% 12.5% 13.4% 12.0

“A33617 Ajax Engineering Limited Investor Presentation – May 2025 Q4 & FY25 Operational & Financials Highlights Management Commentary Reflecting on the performance, Mr.”

“FY25 has been no different, with Ajax delivering 19% revenue growth and crossing the INR 2,000 crores revenue milestone, and PAT growing by 16% despite external challenges involving the regulatory shift from CEV-4 to CEV-5 emission norms and the slower pace of infrastructure projects execution.”

“Our performance in FY25 is a testament to our ability to withstand a challenging environment led by our financial discipline and operational efficiency.”

“18% CAGR (FY 22-25) Boom Pumps Concrete Pumps 13 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 27.5% FY22-25 Exports Revenue CAGR 26 International Distributors 48 Countries * Data as of March 2025.”

“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: L28245KA1992PLC013306 #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: May 27, 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 May 22, 2025, we are enclosing herewith a copy of the Presentation to be made during the Investor meetings as scheduled on May 28, 2025. The above information is also hosted on the website of the Company at https://www.ajax- engg.com/invest