Azad Engineering
1,648.80
+39.10(+2.43%)
Market Cap₹10,648.24 Cr
PE Ratio119.02
Company Performance:
1D+2.43%
1M-4.66%
6M-7.18%
1Y-3.69%
5Y+143.37%
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Latest news about Azad Engineering
Nomura Acquires ₹66 Crore Stake in Azad Engineering Through Block Deal 7 days ago
Nomura's India Investment Fund purchased over 4.10 lakh shares of Azad Engineering at ₹1,616.85 per share, representing an 8% discount to the previous closing price. The total deal value was approximately ₹66 crore. Following the transaction, Azad Engineering's stock experienced a 5% decline.
Azad Engineering Shares Tumble 8% on ₹780 Crore Block Deal 8 days ago
Azad Engineering: Q4 Profit Surges 69%, Revenue Up 37% May 26, 2025
Azad Engineering Soars: Q4 FY25 Results Exceed Expectations with 37% Revenue Surge May 25, 2025
More news about Azad Engineering
23May 25
Azad Engineering Reports Robust Q4 Performance with Significant Growth in EBITDA and Net Profit
Azad Engineering announced impressive Q4 financial results. Revenue increased by 34.70% to ₹1,250.00 million. EBITDA grew 44.77% to ₹454.00 million, with margin expanding to 36.32%. Net profit soared 74.15% to ₹260.00 million. The company demonstrated strong operational efficiency and cost management.
21May 25
Azad Engineering to Unveil Q4 and FY25 Results on May 23
Azad Engineering Ltd. will release its Q4 and FY25 financial results on May 23, 2025, at 3:30 p.m. The company has implemented a trading window closure for designated persons until 48 hours after the results announcement. In Q3 FY25, Azad Engineering reported strong performance with a 41.15% YoY growth in consolidated net profit to Rs 23.72 crore and a 16.6% increase in total income to Rs 125.56 crore.
19May 25
Azad Engineering Secures 5-Year Strategic Supply Contract Amendment with Baker Hughes Unit
Azad Engineering has signed a 5-year strategic supply contract amendment with Nuovo Pignone SRL, a subsidiary of Baker Hughes. This extension of an existing agreement could provide revenue stability, strengthen their strategic partnership, and enhance Azad Engineering's market position in the evolving energy sector. While specific contract details remain undisclosed, this development is seen as positive for Azad Engineering's business prospects.
05May 25
Azad Engineering Secures $53.5 Million Contract with GE Vernova for Power Industry Airfoils
Azad Engineering Limited has signed a six-year supply agreement worth $53.50 million (₹452.48 crore) with GE Steam Power GMBH, running through 2030. The contract involves manufacturing and supplying complex airfoils for nuclear, industrial, and thermal power industries. This agreement strengthens Azad's strategic relationship with GE Vernova and solidifies its position in the global power generation supply chain. The deal follows Azad's recent facility expansion and is expected to significantly contribute to the company's revenue stream.
04May 25
Azad Engineering Secures $53.5 Million Deal with GE Vernova for Power Industry Airfoils
Azad Engineering Limited has signed a 6-year supply agreement worth $53.5 million with GE Vernova's Steam Power Services. The contract involves manufacturing highly engineered airfoils for nuclear, industrial, and thermal power industries until 2030. Azad Engineering has inaugurated a new 7,600 square meter facility to support increased production capacity for this contract.
13Mar 25
Azad Engineering Inaugurates Exclusive Facility for Mitsubishi, Wins Global Partner Award
Azad Engineering Limited has opened a new 7,200 square meter lean manufacturing facility in Hyderabad, dedicated to Mitsubishi Heavy Industries (MHI). The state-of-the-art plant, inaugurated on March 12, 2025, will employ 200 skilled professionals initially. Azad Engineering also received the '2024 Partner of the Year' award from MHI, chosen from over 1,000 global partners. The company plans to expand further, aiming to employ over 2,000 skilled workers across multiple dedicated facilities in the future.
12Mar 25
Azad Engineering Inaugurates Exclusive Lean Manufacturing Facility for Mitsubishi, Wins Global Partner Award
Azad Engineering has opened a 7,200 square meter lean manufacturing facility in Hyderabad, dedicated to producing components for Mitsubishi Heavy Industries (MHI). The facility currently employs 200 skilled professionals with potential for growth. Azad also received MHI's '2024 Partner of the Year' award, placing it at the top of MHI's global network of over 1,000 partners. The new facility is integrated with Azad's Centre for Excellence and Innovation, strengthening India's position in global manufacturing. The company plans to build more dedicated facilities, potentially employing over 2,000 skilled workers when fully operational.
04Mar 25
Azad Engineering Raises ₹7,000 Crore in Successful QIP, Expands Share Capital
Azad Engineering Limited completed a Qualified Institutions Placement (QIP), raising ₹7,000 crore by issuing 5,468,750 equity shares at ₹1,280 per share to qualified institutional buyers. The issue price represented a 1.77% discount to the floor price. Post-QIP, the company's paid-up equity share capital increased from ₹118,225,986 to ₹129,163,486, with the number of equity shares rising from 59,112,993 to 64,581,743. Key investors included Nomura India Investment Fund Mother Fund (17.39% allocation), ICICI Prudential FlexiCap Fund (15.11%), and The Nomura Trust and Banking Co., Ltd (11.18%).
03Mar 25
Azad Engineering Raises ₹7,000 Crore Through Successful QIP
Azad Engineering Limited has completed its Qualified Institutions Placement (QIP), raising ₹7,000 crore. The company allocated 5,468,750 equity shares at ₹1,280 per share, which includes a premium of ₹1,278 over the face value of ₹2. The issue price represents a 1.77% discount to the floor price of ₹1,303.08. The QIP opened on February 25, 2025, and closed on March 3, 2025, with the placement document filed with stock exchanges.
Azad Engineering
1,648.80
+39.10
(+2.43%)
1 Year Returns:-3.69%
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