Comparison · NSE · data 2026-11-01
Ajax Engineering Ltd. vs Texmaco Rail & Engineering Limited
In plain words
Size: Ajax Engineering Ltd. is about 1.5 times the market value of Texmaco Rail & Engineering Limited.
Valuation (P/E): Ajax Engineering Ltd. 27.1 vs Texmaco Rail & Engineering Limited 18.4.
Return on equity: Ajax Engineering Ltd. 17.7% vs Texmaco Rail & Engineering Limited 7.5%.
Profit growth over 3 years: Texmaco Rail & Engineering Limited 95.7% a year vs Ajax Engineering Ltd. 18.3% a year.
Debt to equity: Texmaco Rail & Engineering Limited 0.38 vs Ajax Engineering Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AJAXENGG | TEXRAIL | |
|---|---|---|
| Price | ₹535.5 | ₹98.26 |
| Market cap | ₹6,126 cr | ₹4,006 cr |
| P/E | 27.1 | 18.4 |
| P/B | — | — |
| ROE | 17.7% | 7.5% |
| ROCE | 20.2% | 11.3% |
| Debt / equity | 0 | 0.38 |
| Operating margin | 12.0% | 7.8% |
| Dividend yield | 0.00% | 0.76% |
| Sales growth, 3 years (yearly) | 22.2% | 25.0% |
| Profit growth, 3 years (yearly) | 18.3% | 95.7% |
| 1-year return | -12.3% | -28.8% |
| Revenue, last 12 months | ₹2,111 cr | ₹4,223 cr |
| Net profit, last 12 months | ₹228 cr | ₹215 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹56 cr | ₹50 cr |
| Quarter profit vs a year earlier | +5.1% | +66.9% |
| Promoter holding | 80.00% | 48.34% |
| Health check | Strong (6.9/10) | Average (6.4/10) |
Common questions
Which has a higher P/E, Ajax Engineering Ltd. or Texmaco Rail & Engineering Limited?
Ajax Engineering Ltd. trades at the higher P/E (27.1 against 18.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Ajax Engineering Ltd. (17.7% against 7.5%).
Which carries more debt?
Texmaco Rail & Engineering Limited has the higher debt-to-equity ratio (0.38 against 0).