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

200 bps

everage, process efficiencies and pricing to aid profitability in H2FY26, we anticipate roughly 150-200 bps decline in the margin on a full basis in FY26 compared to FY25. We have navigated such phases in

18%

our strategy.” 4 Financial Highlights – Q2 & H1 FY26 Revenue (` Mn) EBITDA (` Mn) PAT (` Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340

48%

inancial Highlights – Q2 & H1 FY26 Revenue (` Mn) EBITDA (` Mn) PAT (` Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340 391 Q2FY25 Q2FY26 H

11%

– Q2 & H1 FY26 Revenue (` Mn) EBITDA (` Mn) PAT (` Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340 391 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25

9%

nue (` Mn) EBITDA (` Mn) PAT (` Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340 391 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY

16%

A (` Mn) PAT (` Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340 391 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26

15%

Mn) +18% 9,113 7,700 +48% 4,448 3,010 -11% 1,192 1,066 -9% 1,010 919 +16% 391 453 +15% 340 391 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 G

650 bps

6 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -650 bps -550 bps 30.5% 30.4% 24.0% 24.9% -380 bps -280 bps 15.5% 13.0% 10.2% 11.7% -250 bps 11

550 bps

1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -650 bps -550 bps 30.5% 30.4% 24.0% 24.9% -380 bps -280 bps 15.5% 13.0% 10.2% 11.7% -250 bps 11.3% 8.8%

30.5%

FY25 Q2FY26 H1FY25 H1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -650 bps -550 bps 30.5% 30.4% 24.0% 24.9% -380 bps -280 bps 15.5% 13.0% 10.2% 11.7% -250 bps 11.3% 8.8% -300 b

30.4%

FY26 H1FY25 H1FY26 Gross Margin (%) EBITDA Margin (%) PAT Margin (%) -650 bps -550 bps 30.5% 30.4% 24.0% 24.9% -380 bps -280 bps 15.5% 13.0% 10.2% 11.7% -250 bps 11.3% 8.8% -300 bps 13.

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“2 Financial & Operational Highlights Q2 and H1 FY26 Management Commentary Reflecting on the performance, Mr.”

“Extended monsoon, change in the emission norms, slower pace of project execution, cash flow challenges for our customers have all had an impact on the business.”

“While we expect operating leverage, process efficiencies and pricing to aid profitability in H2FY26, we anticipate roughly 150-200 bps decline in the margin on a full basis in FY26 compared to FY25.”

“improve and to Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 5 Segmental and Operational Highlights – Q2 & H1 FY26 Revenue Mix (%) e u n e v e R e s i w - t n e m g e S ) n M ` ( e m u o V l ) .”

“| (3) As of March 2025 18% CAGR (FY 22-25) Concrete Pumps Boom Pumps 15 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 54 Countries * Data as of September 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: November 13, 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 November 10, 2025, we are enclosing herewith a copy of the Presentation to be made during the Investor meetings as scheduled on Friday, November 14, 2025. The above information is also hosted on the website of the Company at https://ww