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

25%

ilding and execution excellence. Our SLCM business remained stable, and our non-SLCM volumes grew 25% YoY. We have navigated such phases in the past and have emerged stronger, delivering consistent gr

1%

y.” 3 Financial Highlights – Q1 FY26 Revenue from Operations (` Mn) EBITDA (` Mn) PAT (` Mn) -1% 4,690 4,665 -23% 802 -21% 670 614 529 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Gros

23%

ighlights – Q1 FY26 Revenue from Operations (` Mn) EBITDA (` Mn) PAT (` Mn) -1% 4,690 4,665 -23% 802 -21% 670 614 529 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA

21%

Q1 FY26 Revenue from Operations (` Mn) EBITDA (` Mn) PAT (` Mn) -1% 4,690 4,665 -23% 802 -21% 670 614 529 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA Margin (%)

450 bps

FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY

30.3%

Y26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1F

25.8%

FY25 Q1FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 4

390 bps

FY26 Q1FY25 Q1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 4 Financial

17.1%

Y25 Q1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 4 Financial and Op

300 bps

Y26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 4 Financial and Operational

14.3%

s Margin (%) EBITDA Margin (%) PAT Margin (%) -450 bps 30.3% 25.8% -390 bps 17.1% -300 bps 14.3% 13.2% 11.3% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 4 Financial and Operational Highlig

“A33617 Ajax Engineering Limited Investor Presentation – August 2025 Q1 FY26 Financial & Operational Highlights Management Commentary Shubhabrata Saha Managing Director & CEO Reflecting on the performance, Mr.”

“Unseasonal rains, change in the emission norms, and a slower pace of project execution, have all had an impact on the business in Q1FY26.”

“While we anticipate some pressure on the margins in the near term, we expect to recover the same through operational efficiencies as well as pricing.”

“| (3) As of March 2025 18% CAGR (FY 22-25) Concrete Pumps Boom Pumps 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 27.5% FY22-25 Exports Revenue CAGR 28 International Distributors 51 Countries * Data as of June 2025.”

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

“1,083 1,351 1,985 CAGR FY19-24 CAGR FY24-29E 1,07,613 1,45,259 2,44,575 CAGR FY19-24 CAGR FY24-29E Manual Mixing 75% 84% 14% 11% FY24 10% 6% FY19 Manual Mixing 59% 2% 3% SLCM 24% 11% 20% RMC 17% 20% 19% 89% 83% 72% 5% 8% Mechanised Equipment 17% 22% 11% 17% FY19 FY24 Manual Mixing 28% FY29E Mechanized Equipment Share in Concrete Equipment Sales [No.”

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: August 02, 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 July 30, 2025, we are enclosing herewith a copy of the Presentation to be made during the Investor meetings as scheduled on August 04, 2025. The above information is also hosted on the website of the Company at https://www.ajax- engg.com