AJAX Engineering

AJAX Engineering Net Debt/Equity

The Net Debt to Equity Ratio of AJAX Engineering (AJAXENGG.NS) as of Oct 9, 2026 is -0.75. In the previous year, Net Debt to Equity Ratio was -0.60 — a change of 25.85% (lower).

Net Debt/Equity

-0.75

YoY

25.85%

Last updated:

Net Debt to Equity Ratio of AJAX Engineering is 2026 -0.75 . Net Debt to Equity Ratio of AJAX Engineering was 2025 -0.60 . It decreases by 25.85% lower compared to the previous year.

The AJAX Engineering Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2021
-0.46 INR
Jan 1, 2022
-0.53 INR
Jan 1, 2023
-0.66 INR
Jan 1, 2024
-0.68 INR
Jan 1, 2025
-0.60 INR
Jan 1, 2026
-0.75 INR
The AJAX Engineering Net Debt/Equity history
YEARNet Debt/EquityYoY
-0.75+25.85%
-0.60-11.98%
-0.68+3.35%
-0.66+24.05%
-0.53+16.39%
-0.46—
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AJAX Engineering Stock analysis

What does AJAX Engineering do? AJAX Engineering is one of the most popular companies on Eulerpool.

Frequently Asked Questions about AJAX Engineering stock

Net Debt to Equity Ratio of AJAX Engineering is -0.75 in 2026.

Net Debt to Equity Ratio of AJAX Engineering changed from -0.60 to -0.75, representing a 25.85% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio AJAX Engineering since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's AJAX Engineering with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — AJAX Engineering

All Key Metrics — AJAX Engineering