AJAX Engineering vs Tega Industries: Share Price, Valuation and Results Compared

AJAX Engineering Limited (NSE: AJAXENGG) and Tega Industries Limited (NSE: TEGA) are both listed in the Construction Machinery and Equipment industry. AJAX Engineering has a market capitalisation of ₹6,233 Cr and Tega Industries ₹12,684 Cr, as of 9 Nov 2026. Their P/E ratios are 27.9 and 82.2 respectively. Return on equity is 17.66% for AJAX Engineering and 5.94% for Tega Industries. Over one year, AJAX Engineering's share price is down 9.9% and Tega Industries's is down 14.1%.

AJAX Engineering vs Tega Industries — Key Figures

MetricAJAX EngineeringTega Industries
NSE SymbolAJAXENGGTEGA
BSE Code544356543413
Share Price₹553.50₹1,677.00
Market Cap₹6,233 Cr₹12,684 Cr
P/E Ratio27.982.2
Return on Equity17.66%5.94%
Return on Assets9.88%2.65%
Dividend Yield0.00%0.12%
Beta (1Y)0.420.32
1-Year Price Change-9.9%-14.1%
3-Month Price Change-2.2%+2.7%
52-Week Range₹394.80 – ₹678.00₹1,473.00 – ₹2,198.00
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹487 Cr₹4,254 Cr
Quarterly Net Profit₹51 Cr₹-59 Cr
Net Margin10.5%-1.4%
EPS (Basic, Quarter)₹4.45₹-6.32
Results Basisstandaloneconsolidated
HeadquartersBengaluru, KarnatakaKolkata, West Bengal

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

AJAX Engineering Limited

Ajax Engineering Limited manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally. The company also offers transit mixers, stationary concrete pumps, boom pumps, self-propelled boom pumps, 3D concrete printers, and slip-form pavers, as well as dumpers, planetary mixers, and twin shaft mixers. It serves roadways, waterways, irrigation, renewable energy, railways, residential/commercial, airports, and urban infrastructure sectors. Ajax Engineering Limited was incorporated in 1992 and is headquartered in Bengaluru, India.

Tega Industries Limited

Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. It offers a range of grinding mill liners, such as DynaPrime, DynaSteel, DynaPulp, and DynaWear. The company also offers conveyor components products comprising centrax, friflo, spill-ex skirt sealing, bed system manufacturer, eco-flip skirt, single wing, ceramic pulley lagging, and ceradisc. In addition, it provides wear products, such as ceramic liners, composite liners, rubber liners, flow promoting liners, thunder air blasters, …

Frequently Asked Questions

Which is larger by market cap, AJAX Engineering or Tega Industries?

Tega Industries has a market capitalisation of ₹12,684 Cr, against ₹6,233 Cr for AJAX Engineering as of 9 Nov 2026, about 2.0 times the size by market cap.

What is the P/E ratio of AJAX Engineering and Tega Industries?

AJAX Engineering has a P/E of 27.9 and Tega Industries a P/E of 82.2 as of 9 Nov 2026.

What is the return on equity of AJAX Engineering and Tega Industries?

AJAX Engineering has a return on equity of 17.66% and Tega Industries 5.94%.

How have AJAX Engineering and Tega Industries shares moved over one year?

AJAX Engineering's share price is down 9.9% over one year and Tega Industries's is down 14.1%.

What were the latest quarterly results of AJAX Engineering and Tega Industries?

AJAX Engineering reported revenue of ₹487 Cr and net profit of ₹51 Cr for Q2 FY27. Tega Industries reported revenue of ₹4,254 Cr and net profit of ₹-59 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are AJAX Engineering and Tega Industries in?

Both are classified under Machinery > Construction Machinery and Heavy Transportation Equipment > Construction Machinery and Equipment on FinBizNet.

Is this comparison a recommendation to buy or sell AJAX Engineering or Tega Industries?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.