Ajax Engineering Ltd vs Shanthi Gears Ltd Stock Comparison

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Last Updated on: May 04, 2026

Key Highlights

The Latest Trading Price of Ajax Engineering Ltd is ₹ 527 as of 04 May 11:28 . The P/E Ratio of Ajax Engineering Ltd changed from 26.1 on March 2025 to 26.1 on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe P/E Ratio of Shanthi Gears Ltd changed from 48.3 on March 2021 to 37.7 on March 2025 . This represents a CAGR of -4.83% over 5 years The Market Cap of Ajax Engineering Ltd changed from ₹ 6786 crore on March 2025 to ₹ 6786 crore on March 2025 . This represents a CAGR of 0.00% over 1 yearsThe Market Cap of Shanthi Gears Ltd changed from ₹ 974.29 crore on March 2021 to ₹ 3617 crore on March 2025 . This represents a CAGR of 30.00% over 5 years The revenue of Ajax Engineering Ltd for the Dec '25 is ₹ 446.81 crore as compare to the Sep '25 revenue of ₹ 454.9 crore. This represent the decline of -1.78% The revenue of Shanthi Gears Ltd for the Dec '25 is ₹ 120.89 crore as compare to the Sep '25 revenue of ₹ 137.85 crore. This represent the decline of -12.3% The ebitda of Ajax Engineering Ltd for the Dec '25 is ₹ 54.66 crore as compare to the Sep '25 ebitda of ₹ 55.35 crore. This represent the decline of -1.25% The ebitda of Shanthi Gears Ltd for the Dec '25 is ₹ 25.5 crore as compare to the Sep '25 ebitda of ₹ 32.46 crore. This represent the decline of -21.44% The net profit of Ajax Engineering Ltd changed from ₹ 66.99 crore to ₹ 38.24 crore over 7 quarters. This represents a CAGR of -27.41% The net profit of Shanthi Gears Ltd changed from ₹ 21.66 crore to ₹ 16.19 crore over 7 quarters. This represents a CAGR of -15.32% The Dividend Payout of Ajax Engineering Ltd changed from 11.03 % on March 2024 to 0 % on March 2025 . This represents a CAGR of -100.00% over 2 yearsThe Dividend Payout of Shanthi Gears Ltd changed from 57.04 % on March 2021 to 39.94 % on March 2025 . This represents a CAGR of -6.88% over 5 years .

About Ajax Engineering Ltd

Ajax Engineering Limited was incorporated as Ajax Fiori Engineering (India) Private Limited' on July 3, 1992, at Bengaluru, Karnataka, as a Private Limited Company issued by the Registrar of Companies.
Pursuant to Scheme of Arrangement, the Company name got changed from Ajax Fiori Engineering (India) Private Limited' to Ajax Engineering Private Limited' and a fresh Certificate of Incorporation was issued on March 15, 2019 by the RoC. Subsequently, the status of the Company converted to a Public Limited Company and the name got changed to Ajax Engineering Limited' dated September 23, 2024 issued by the Registrar of Companies, Central Processing Centre. The Company is in the business of manufacturing self-loading concrete mixers (SLCMs), concrete batching plants and concrete pumps, being used across various sectors.

About Shanthi Gears Ltd

Shanthi Gears Limited (SGL), a subsidiary of Tube Investments of India Ltd, has been a pioneer in industrial gearbox manufacturing for over five decades, specializing in customized solutions.
With a strong focus on innovation and diversification, SGL caters to a wide range of industries including Steel, Cement, Power (Thermal & Wind), Mining, Transportation, and Construction. SGL, the Coimbatore based gear manufacturing company was promoted by P. Subramanian, an entrepreneurial engineer in 1969 as a partnership concern.
In July 1972, the partnership firm was converted into a Private Limited Company and later in March 1986 it became a Public Limited Company. SGL delivers high precision, high-performance gear solutions.
The company also offers Value Addition and Value Engineering (VAVE) services, enhancing the efficiency of existing gear systems.

FAQs for the comparison of Ajax Engineering Ltd and Shanthi Gears Ltd

Which company has a larger market capitalization, Ajax Engineering Ltd or Shanthi Gears Ltd?

Market cap of Ajax Engineering Ltd is 5,972 Cr while Market cap of Shanthi Gears Ltd is 3,680 Cr

What are the key factors driving the stock performance of Ajax Engineering Ltd and Shanthi Gears Ltd?

The stock performance of Ajax Engineering Ltd and Shanthi Gears Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ajax Engineering Ltd and Shanthi Gears Ltd?

As of May 4, 2026, the Ajax Engineering Ltd stock price is INR ₹522.05. On the other hand, Shanthi Gears Ltd stock price is INR ₹479.75.

How do dividend payouts of Ajax Engineering Ltd and Shanthi Gears Ltd compare?

To compare the dividend payouts of Ajax Engineering Ltd and Shanthi Gears Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.