| Quarterly Financials | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 62 | 90 | 76 | 94 | 108 | 96 | 99 | 113 | 126 | 130 | 146 | 158 |
| Expenses | 42 | 55 | 50 | 57 | 57 | 61 | 65 | 72 | 78 | 81 | 88 | 93 |
| EBITDA | 20 | 35 | 26 | 37 | 51 | 34 | 34 | 41 | 48 | 49 | 58 | 65 |
| Operating Profit % | 29 % | 36 % | 35 % | 32 % | 37 % | 34 % | 34 % | 36 % | 36 % | 36 % | 36 % | 36 % |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 9 | 10 | 12 |
| Interest | 13 | 11 | 10 | 12 | 19 | 6 | 3 | 5 | 6 | 4 | 6 | 7 |
| Profit Before Tax | 3 | 20 | 12 | 20 | 27 | 23 | 24 | 30 | 34 | 36 | 42 | 46 |
| Tax | -1 | 5 | 4 | 1 | 10 | 8 | 7 | 9 | 10 | 11 | 12 | 14 |
| Net Profit | 4 | 15 | 7 | 19 | 17 | 15 | 17 | 21 | 24 | 25 | 29 | 33 |
| EPS in ₹ | 0.83 | 1.80 | 44.80 | 3.93 | 3.37 | 2.85 | 2.90 | 3.55 | 4.05 | 4.15 | 4.56 | 5.05 |
Azad Engineering
Azad Engineering
1,680.60
-16.10
(-0.95%)
Market Cap
₹10,853.61 Cr
PE Ratio
101.65
Volume
1,28,429.00
Day High - Low
₹1,692.10 - ₹1,672.00
52W High-Low
₹1,929.80 - ₹1,159.45
Key Fundamentals
Market Cap
10,853.61 Cr
EPS
14.66
PB Ratio
7.60
Book Value
228.99
EBITDA
171.90
Dividend Yield
0.00 %
Industry
Capital Goods Sector
Electrical Equipment ROE Growth %
-
Debt to Equity
0.15
Analyst Rating and Forecast
- By Refinitiv from4 analysts
Actual
Company News
View All News
Azad Engineering's Company Secretary Ful Kumar Gautam Resigns Due to Personal ReasonsToday
Ful Kumar Gautam has resigned from his position as Company Secretary and Compliance Officer at Azad Engineering Limited with immediate effect due to personal reasons, as communicated via email on November 28, 2025. The resignation affects a key managerial personnel position at the company, with Azad Engineering informing stock exchanges BSE and NSE as per regulatory requirements.
Azad Engineering has entered into an agreement with Pratt And Whitney Canada to enhance its aerospace manufacturing capabilities. The partnership is expected to strengthen the company's position in the aerospace sector through improved manufacturing processes.
Azad Engineering Limited delivered its best quarterly and half-yearly performance with Q2 FY26 revenues reaching INR 143 crores, up 28.1% year-on-year. EBITDA margins improved to 36% from 35.7% in Q2 FY25, while PAT margin increased to 23.1% from 18.9%. Half-yearly revenue stood at INR 277 crores compared to INR 210 crores in H1 FY25. The company inaugurated a new lean manufacturing facility for Siemens at its Hyderabad plant for highly engineered rotating and stationary airfoils. Mitsubishi awarded Phase 2 contract, bringing combined contract value to INR 1,387 crores over 5 years. The company signed its first MOU with Safran Aircraft Engines for critical rotating engine components for strategic defence platforms. Energy and Oil & Gas segment contributed 81% of revenues at INR 117 crores, while Aerospace and Defence segment grew 34% year-on-year contributing 16.9% of revenues. The company maintains revenue growth guidance of 25-30% for the year.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,297.00 | #1 1,17,412.93 | 54.37 | 12,193.00 | -47.36 | 1,606 | -41.60 | 63.24 | |
3,159.60 | 1,12,519.83 | 121.45 | 2,656.00 | -44.41 | 409 | 146.64 | 44.06 | |
5,175.00 | 1,09,662.58 | 61.72 | 9,569.53 | -23.70 | 1,267 | -7.15 | 53.68 | |
672.90 | 1,05,960.29 | 106.84 | 10,070.80 | 23.53 | 973 | 29.51 | 27.97 | |
290.85 | 1,01,275.81 | 178.28 | #1 28,804.80 | 17.86 | 534 | 253.01 | 69.38 | |
22,056.00 | 98,308.80 | 139.20 | 6,442.10 | 22.78 | 384 | 405.54 | 64.78 | |
3,172.50 | 91,140.59 | 33.31 | 14,846.10 | 27.62 | 1,928 | 133.75 | 38.31 | |
54.01 | 74,039.70 | #1 24.33 | 10,993.10 | 67.39 | #1 2,072 | #1 537.79 | 38.13 | |
2,881.40 | 73,777.25 | 85.35 | 4,354.90 | 36.50 | 608 | 107.12 | 42.96 | |
975.70 | 43,982.06 | 37.83 | 6,652.10 | #1 109.76 | 937 | 71.64 | 38.78 |
Growth Rate
Revenue Growth
25.51 %
Net Income Growth
47.61 %
Cash Flow Change
872.23 %
ROE
-31.61 %
ROCE
-52.35 %
EBITDA Margin (Avg.)
-7.85 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 256 | 404 | 589 | 797 | 1,861 |
| Fixed Assets | 121 | 144 | 217 | 257 | 436 |
| Current Assets | 126 | 168 | 284 | 422 | 1,197 |
| Capital Work in Progress | 0 | 24 | 38 | 45 | 80 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 135 | 236 | 335 | 494 | 1,345 |
| Total Liabilities | 256 | 404 | 589 | 797 | 1,861 |
| Current Liabilities | 113 | 148 | 148 | 98 | 230 |
| Non Current Liabilities | 53 | 136 | 237 | 54 | 238 |
| Total Equity | 91 | 120 | 204 | 645 | 1,393 |
| Reserve & Surplus | 89 | 119 | 202 | 633 | 1,381 |
| Share Capital | 2 | 2 | 2 | 12 | 13 |
Cash Flow
| Cash Flow | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -6 | 3 | 15 | 9 | 13 |
| Investing Activities | -35 | -114 | -101 | -55 | -918 |
| Operating Activities | 5 | 21 | -10 | -7 | 54 |
| Financing Activities | 24 | 96 | 126 | 71 | 877 |
Share Holding
| % Holding | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 86.51 % | 65.90 % | 65.90 % | 65.90 % | 65.90 % | 65.90 % | 60.32 % | 55.42 % | 55.42 % |
| FIIs | 0.00 % | 0.00 % | 6.98 % | 9.68 % | 9.74 % | 9.98 % | 14.23 % | 16.15 % | 15.76 % |
| DIIs | 0.00 % | 5.67 % | 5.00 % | 3.43 % | 5.74 % | 6.56 % | 8.24 % | 8.91 % | 9.84 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 19.30 % | 17.82 % | 16.80 % | 15.66 % | 14.81 % | 14.74 % | 16.16 % | 15.47 % |
| Others | 13.49 % | 9.13 % | 4.30 % | 4.18 % | 2.96 % | 2.75 % | 2.47 % | 3.36 % | 3.51 % |
| No of Share Holders | 64 | 1,81,378 | 1,06,231 | 1,02,445 | 1,28,846 | 1,17,613 | 1,24,139 | 1,27,692 | 1,27,716 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 1,577.35 | 1,499.05 |
| 11 Nov 2024 |  Quarterly Result Announcement | NA | 11 Nov 2024 | 1,575.35 | 1,641.55 |
| 28 Jan 2025 |  Extraordinary General Meeting | NA | 28 Jan 2025 | 1,885.45 | 1,423.70 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 1,423.70 | 1,490.20 |
| 23 May 2025 | Quarterly Result Announcement | NA | 23 May 2025 | 1,756.35 | 1,818.10 |
| 04 Aug 2025 | Quarterly Result Announcement | NA | 04 Aug 2025 | 1,499.70 | 1,450.80 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 1,650.10 | 1,595.15 |
| 01 Nov 2025 | Quarterly Result Announcement | NA | 01 Nov 2025 | 1,663.80 | 1,695.95 |
Announcements
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
2 hours ago
2 hours agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 08, 2025
Nov 08, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 05, 2025
Nov 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 03, 2025
Nov 03, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 03, 2025
Nov 03, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 01, 2025
Nov 01, 2025Financial Results As On September 30 2025Nov 01, 2025
Nov 01, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On November 1 2025Nov 01, 2025
Nov 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 28, 2025
Oct 28, 2025Board Meeting Intimation for To Consider And Approve Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025Oct 25, 2025
Oct 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 13, 2025
Oct 13, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Oct 07, 2025Appointment Of Secretarial Auditor As Approved By The Shareholders Of The Company At The 42Nd Annual General Meeting Held On 30Th September 2025Oct 01, 2025
Oct 01, 2025 Scrutinizer ReportOct 01, 2025
Oct 01, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderSep 26, 2025
Sep 26, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 19, 2025
Sep 19, 2025Inauguration Of Lean Manufacturing FacilitySep 18, 2025
Sep 18, 2025Inauguration Of Lean Manufacturing FacilitySep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 09, 2025
Sep 09, 2025Business Responsibility and Sustainability Reporting (BRSR)Sep 08, 2025
Sep 08, 2025Reg. 34 (1) Annual Report.Sep 08, 2025
Sep 08, 2025Information Pertaining To The 42Nd Annual General Meeting (AGM) Book Closure Date And Cut-Off Date For Remote E-Voting And Voting At The AGM.Sep 08, 2025
Sep 08, 2025Intimation Under Regulations 30 And 36(1)(B) Of The SEBI Listing Regulations.Sep 08, 2025
Sep 08, 2025Intimation Of Notice Of 42 Annual General Meeting (AGM).Sep 08, 2025
Sep 08, 2025Appointment Of Mr. Ashish Kumar Gaggar Practicing Company Secretary (FCS 6687 COP: 7321) A Peer Reviewed Company Secretary In Practice As The Secretarial Auditor Of The Company For A Period Of Five (5) Consecutive Financial YearsSep 08, 2025
Sep 08, 2025Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) Held On September 08 2025.Sep 08, 2025
Sep 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 04, 2025
Aug 04, 2025Outcome Of The 03/2025-2026 Board Meeting Held On August 04 2025.Aug 04, 2025
Aug 04, 2025Board Meeting Outcome for Outcome Of The 03/2025-2026 Board Meeting Held On August 04 2025.Aug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Jul 31, 2025Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirement) Regulations 2015 As Amended (SEBI LODR Regulations).Jul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Credit RatingJul 25, 2025
Jul 25, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 10, 2025
Jul 10, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 19, 2025
Jun 19, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 19, 2025
Jun 19, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Jun 16, 2025
Jun 16, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 11, 2025
Jun 11, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 09, 2025
Jun 09, 2025Mutual Fund Holdings
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Tata Infrastructure Direct Plan-Growth Technical Indicators
RSI(14)
Neutral 55.71
ATR(14)
Volatile 50.52
STOCH(9,6)
Neutral 40.45
STOCH RSI(14)
Neutral 34.89
MACD(12,26)
Bullish 1.01
ADX(14)
Weak Trend 17.96
UO(9)
Bearish 43.88
ROC(12)
Uptrend And Accelerating 5.21
WillR(14)
Neutral -39.67
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