Ajax Engineering (NSE:AJAXENGG) Operating Margin %: 14.89% (As of Mar. 2026) — Near Median

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NSE:AJAXENGG Ajax Engineering Ltd NSE:AJAXENGG
32 GF Score
Price ₹545.20
! 1 Warning Sign
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What is Ajax Engineering Operating Margin %?

Ajax Engineering NSE:AJAXENGG +1.83% 32 Operating Margin % is 14.89% as of Mar. 2026, which is 6% above its 10-year median of 14.11. GuruFocus rates NSE:AJAXENGG with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ajax Engineering ranks better than 76.08% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ajax Engineering's Operating Income for the three months ended in Mar. 2026 was ₹1,128 Mil. Ajax Engineering's Revenue for the three months ended in Mar. 2026 was ₹7,577 Mil. Therefore, Ajax Engineering's Operating Margin % for the quarter that ended in Mar. 2026 was 14.89%.

The historical rank and industry rank for Ajax Engineering's Operating Margin % or its related term are showing as below:

NSE:AJAXENGG' s Operating Margin % Range Over the Past 10 Years
Min: 10.81   Med: 14.11   Max: 15.29
Current: 12.15


NSE:AJAXENGG's Operating Margin % is ranked better than
76.08% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.02 vs NSE:AJAXENGG: 12.15

Ajax Engineering's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Ajax Engineering's Operating Income for the three months ended in Mar. 2026 was ₹1,128 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,554 Mil.


Ajax Engineering  (NSE:AJAXENGG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ajax Engineering Operating Margin % Related Terms


Ajax Engineering Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ajax Engineering's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ajax Engineering Operating Margin % Chart

Ajax Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
10.81 14.11 15.29 14.81 12.15

Ajax Engineering Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 14.29 12.52 9.58 9.60 14.89

NSE:AJAXENGG vs CAT, DE, PCAR: Operating Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Ajax Engineering's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ajax Engineering Operating Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ajax Engineering's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ajax Engineering's Operating Margin % falls into.


NSE:AJAXENGG
32GF Score
Ajax Engineering Ltd NSE:AJAXENGG
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajax Engineering Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ajax Engineering's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2554.33 / 21025.37
=12.15 %

Ajax Engineering's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1127.79 / 7576.64
=14.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 14.89% mean?
Ajax Engineering (NSE:AJAXENGG) has a Operating Margin % of 14.89% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ajax Engineering and its competitors. This is near median its historical median of 14.11. Over the past decade, Ajax Engineering's Operating Margin % has ranged from 10.81 to 15.29. According to the industry distribution chart, Ajax Engineering ranks #50 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 23.9%.
Is Ajax Engineering's Operating Margin % too high?
Ajax Engineering's current Operating Margin % of 14.89% is near median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 10.81 to a high of 15.29. The Farm & Heavy Construction Machinery industry median Operating Margin % is 7.02. Ajax Engineering's value of 14.89% is 112.1% above this industry median. Based on the distribution chart, Ajax Engineering ranks #50 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ajax Engineering has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Ajax Engineering's Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ajax Engineering ranks #50 out of 209 companies for Operating Margin %. This places Ajax Engineering in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.02. Ajax Engineering's value of 14.89% is 112.1% above this benchmark. Historically, Ajax Engineering's own Operating Margin % has ranged from 10.81 to 15.29 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 7.02, Ajax Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 7.02, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajax Engineering's current Operating Margin % of 14.89% is 112.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ajax Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 7.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Engineering's current Operating Margin % is 14.89%, which is near median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Engineering stock overvalued right now?
Ajax Engineering (NSE:AJAXENGG) has a current Operating Margin % of 14.89%. The current Operating Margin % is 14.89%, which is near median its 10-year median of 14.11 and 112.1% above the Farm & Heavy Construction Machinery industry median of 7.02. Ajax Engineering's overall GF Score™ is 32/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ajax Engineering (NSE:AJAXENGG), the current Operating Margin % is 14.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ajax Engineering Business Description

Other Exchanges 544356:India
Address Peenya Industrial Area, No. 253/1, 11th Main, 3rd Phase, Bangalore, KA, IND, 560058
Ajax Engineering Ltd concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
32GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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