AZAD ENGINEERING LIMITED AZAD NSEINFRA
Company Overview
Azad Engineering Limited manufactures and sells precision-engineered components in India and internationally. The company offers aerospace, including airfoils/blades for aircraft engines and APUs, body valve, housing mount, housing compressor, fan blisk, mixed flow impeller, housing fan, shell and housing, air frames, aero structure, turbine wheel, nozzle, unison ring, lever arm, hydraulic, fuel inerting, flight control, actuating system, and other products, as well as aerospace standard fluid distribution parts. It provides plate butterfly, sealer, shaft, bearing rod, piston, plate, and sealing ring; aft and fore End Skirt, BB2KP Base, B1 Igniter Body1, and B1 Igniter Body-2; last stage airfoil/blade rotary and welding chamfers and last stage airfoil/ blade stationary components for use in nuclear power turbine solution; and fixed, moving, and stage airfoil/blade rotating for thermal power turbines. In addition, the company offers aerospace actuator systems, such as covers, actuators, housings, guides, poppets, nipples, adapters, tees, elbows; and slips, drill bits, hatch covers, frames, and bonnets for oil and gas up and mid-stream sub-systems. The company also offers 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight control, propulsion and actuation which power defence and civil aircraft, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil and thermal power. It serves the aerospace, defense, energy, and oil and gas industries. The company was incorporated in 1983 and is based in Hyderabad, India.
Why Investors Should Care
Net profit has compounded at 82.4% per year over the last five years.
Revenue has grown at a 48.8% CAGR over the past five years.
Maintains a net profit margin of 22.0%.
Carries low leverage with a debt-to-equity ratio of 0.31.
Recent Developments
- Mar 2026 Revenue of ₹602.98 Cr (+31.8% YoY); net profit ₹132.88 Cr.
- Trailing 12 Months Year-on-year growth — revenue +31.8%, earnings +52.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 48.8%, profit CAGR 82.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 48.80% |
| 1 Year: | 31.84% |
Compounded Profit Growth
| 5 Years: | 82.42% |
| 1 Year: | 52.18% |
Stock Price Performance
| 1 Year: | +49.46% |
| 6 Months: | +55.68% |
| 3 Months: | +25.94% |
| 1 Month: | +12.52% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)64.62 · Neutral
P/E of 163.59 is above the sector median of 29.62 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 22.0%.
- Compounding revenue at 48.8% over 5 years.
- Profit CAGR of 82.4% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 163.6.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AZAD AZAD ENGINEERING LIMITED NSEINFRA | 2,398.20 | 163.59 | ₹15,487.99 Cr | 0.00% | 9.09% | 8.69% | 48.80% | 82.42% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 85.00 Cr | 76.00 Cr | 83.00 Cr | 89.00 Cr | 93.00 Cr | 98.00 Cr | 112.00 Cr | 120.48 Cr | 126.93 Cr | 137.09 Cr | 146.00 Cr | 158.72 Cr | 161.54 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 16.31 Cr | 16.20 Cr | 16.78 Cr | - | 13.11 Cr | 11.05 Cr |
| Gross Profit | - | - | - | - | - | - | - | 104.18 Cr | 110.72 Cr | 120.31 Cr | - | 145.61 Cr | 150.49 Cr |
| Operating Expenses | 54.00 Cr | 50.00 Cr | 57.00 Cr | 56.00 Cr | 61.00 Cr | 65.00 Cr | 72.00 Cr | 68.79 Cr | 74.40 Cr | 81.23 Cr | 93.00 Cr | 97.63 Cr | 105.97 Cr |
| Operating Income | 26.00 Cr | 21.00 Cr | 21.00 Cr | 28.00 Cr | 26.00 Cr | 27.00 Cr | 33.00 Cr | 35.38 Cr | 36.32 Cr | 39.09 Cr | 41.00 Cr | 47.98 Cr | 44.52 Cr |
| EBITDA | 30.00 Cr | 26.00 Cr | 26.00 Cr | 33.00 Cr | 31.00 Cr | 33.00 Cr | 40.00 Cr | 47.89 Cr | 48.97 Cr | 57.92 Cr | 53.00 Cr | 70.35 Cr | 77.90 Cr |
| Interest Expense | 11.00 Cr | 10.00 Cr | 12.00 Cr | 19.00 Cr | 6.00 Cr | 3.00 Cr | 5.00 Cr | 6.42 Cr | 3.82 Cr | 5.91 Cr | 7.00 Cr | 8.34 Cr | 9.86 Cr |
| Pretax Income | 20.00 Cr | 11.00 Cr | 20.00 Cr | 27.00 Cr | 23.00 Cr | 24.00 Cr | 30.00 Cr | 34.04 Cr | 35.88 Cr | 41.87 Cr | 46.00 Cr | 47.78 Cr | 51.23 Cr |
| Tax Provision | 5.20 Cr | 3.85 Cr | 60.00 L | 9.99 Cr | 7.82 Cr | 7.20 Cr | 9.00 Cr | 10.32 Cr | 11.07 Cr | 12.44 Cr | 13.80 Cr | 13.06 Cr | 14.43 Cr |
| Net Income | 15.00 Cr | 7.00 Cr | 19.00 Cr | 17.00 Cr | 15.00 Cr | 17.00 Cr | 21.00 Cr | 23.92 Cr | 25.27 Cr | 29.72 Cr | 33.00 Cr | 34.51 Cr | 35.98 Cr |
| Diluted EPS | 89.78 | 44.80 | 3.92 | 2.84 | 2.53 | 2.90 | 3.55 | 4.05 | 4.15 | 4.56 | 5.07 | 5.34 | 5.57 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 123.00 Cr | - | 241.62 Cr | 328.12 Cr | 457.35 Cr | 602.98 Cr |
| Cost of Revenue | - | - | 57.71 Cr | 79.64 Cr | 63.68 Cr | 58.12 Cr |
| Gross Profit | - | - | 183.91 Cr | 248.48 Cr | 393.68 Cr | 544.85 Cr |
| Operating Expenses | 95.00 Cr | - | 125.03 Cr | 152.42 Cr | 261.85 Cr | 372.38 Cr |
| Operating Income | 19.00 Cr | - | 58.87 Cr | 96.06 Cr | 131.82 Cr | 172.47 Cr |
| EBITDA | 28.00 Cr | - | 56.41 Cr | 134.06 Cr | 171.90 Cr | 270.97 Cr |
| Interest Expense | 5.00 Cr | - | 26.67 Cr | 32.74 Cr | 18.39 Cr | 30.82 Cr |
| Pretax Income | 16.00 Cr | - | 13.16 Cr | 80.79 Cr | 124.03 Cr | 187.31 Cr |
| Tax Provision | 4.64 Cr | - | 4.69 Cr | 22.21 Cr | 37.49 Cr | 53.74 Cr |
| Net Income | 12.00 Cr | - | 8.47 Cr | 58.58 Cr | 87.32 Cr | 132.88 Cr |
| Diluted EPS | 76.00 | 4.98 | 1.43 | 11.20 | 14.66 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Total Assets | 256.00 Cr | - | 589.21 Cr | 797.08 Cr | 1,860.70 Cr | 2,200.04 Cr |
| Current Assets | - | - | 283.63 Cr | 421.71 Cr | 1,197.01 Cr | 989.30 Cr |
| Cash & Equivalents | - | - | 19.41 Cr | 28.19 Cr | 40.83 Cr | 24.59 Cr |
| Inventory | - | - | 86.06 Cr | 132.96 Cr | 189.30 Cr | 329.11 Cr |
| Receivables | - | - | 118.66 Cr | 169.95 Cr | 223.48 Cr | 311.66 Cr |
| Total Liabilities | - | - | 385.22 Cr | 152.02 Cr | 467.67 Cr | 671.21 Cr |
| Current Liabilities | - | - | 148.21 Cr | 98.22 Cr | 230.11 Cr | 302.67 Cr |
| Long Term Debt | - | - | 220.86 Cr | 27.11 Cr | 170.87 Cr | 280.95 Cr |
| Total Debt | 88.00 Cr | - | 300.60 Cr | 39.43 Cr | 263.37 Cr | 474.32 Cr |
| Total Equity | 91.00 Cr | - | 203.99 Cr | 645.06 Cr | 1,393.79 Cr | 1,528.90 Cr |
| Shares Outstanding | - | - | 5.91 Cr | 5.91 Cr | 6.46 Cr | 6.46 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 5.00 Cr | - | -10.21 Cr | -6.95 Cr | 53.67 Cr | -118.97 Cr |
| Investing Cash Flow | -35.00 Cr | - | -101.15 Cr | -55.26 Cr | -917.71 Cr | -71.42 Cr |
| Financing Cash Flow | 24.00 Cr | - | 126.34 Cr | 70.99 Cr | 876.69 Cr | 174.15 Cr |
| Capital Expenditure | -21.00 Cr | - | -85.62 Cr | -75.34 Cr | -293.25 Cr | -572.48 Cr |
| Free Cash Flow | -16.00 Cr | - | -95.83 Cr | -82.29 Cr | -239.59 Cr | -691.45 Cr |
| Net Change in Cash | -6.00 Cr | - | 14.98 Cr | 8.78 Cr | 12.65 Cr | -16.24 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Gross Margin % | - | - | 76.1% | 75.7% | 86.1% | 90.4% |
| Operating Margin % | 15.4% | - | 24.4% | 29.3% | 28.8% | 28.6% |
| Net Margin % | 9.8% | - | 3.5% | 17.9% | 19.1% | 22.0% |
| ROE % | 13.2% | - | 4.2% | 9.1% | 6.3% | 8.7% |
| ROCE % | - | - | 13.4% | 13.7% | 8.1% | 9.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AZAD
Azad Engineering Ltd (NSE:AZAD) Q4 2026 Earnings Call Highlights: Strong Revenue Growth and ...
Azad Engineering Ltd (NSE:AZAD) reports robust revenue growth and strategic partnerships, while navigating challenges in facility stabilization and working capital management.
AZAD — Frequently Asked Questions
What is the current share price of AZAD ENGINEERING LIMITED (AZAD)?
As of 2026-07-16 05:21 IST, AZAD ENGINEERING LIMITED (AZAD) trades at ₹2,398.20 on NSE. Its 52-week range is ₹1,366.50 to ₹2,479.50.
What is the market capitalisation of AZAD?
AZAD ENGINEERING LIMITED (AZAD) has a market capitalisation of ₹15,487.99 Cr on NSE.
What is the P/E ratio of AZAD?
AZAD trades at a trailing price-to-earnings (P/E) ratio of 163.59. The industry average P/E is 29.62. Its price-to-book (P/B) ratio is 10.05.
What is the return on equity (ROE) of AZAD?
AZAD has a return on equity (ROE) of 8.69%. Its return on capital employed (ROCE) is 9.09%.
Is AZAD a good stock to buy?
This page provides a data-driven analysis of AZAD ENGINEERING LIMITED (AZAD), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.