Azad Engineering Ltd (AZAD)
₹2,439.00
Mkt cap
₹15,751 Cr
P/E ratio
119.00
P/B
10.29
Div yield
0.00%
ROE
9.09%
ROCE
11.90%
EPS (TTM)
₹20.50
Book value
₹237
52W range
1,367–2,480
Sector
Industrials
Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries. [1]
Health check
Constructive
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsBullish
52-week range
−1.63% from high₹2,439
₹1,367+78.49% from low₹2,480
Current
₹2,439.00
Prev close
₹2,437.70
Day
+0.05%
Price performance
1D
+0.05%
1W
+3.98%
1M
+20.74%
3M
+16.69%
6M
+66.50%
1Y
+52.30%
YTD
+47.57%
Financials
FRevenue, profit & margin
P/E ratio
119.0×
AZAD is 255% above the sector median of 33.6×
AZAD119.0×
Sector median33.6×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 85 | 76 | 83 | 89 | 93 | 98 | 112 | 120 | 127 | 137 | 146 | 159 | 162 | |
| Expenses | 54 | 50 | 57 | 56 | 61 | 65 | 72 | 78 | 81 | 88 | 93 | 96 | 100 | |
| Operating Profit | 30 | 26 | 26 | 33 | 31 | 33 | 40 | 43 | 46 | 49 | 53 | 62 | 61 | |
| OPM % | 36% | 35% | 32% | 37% | 34% | 34% | 36% | 36% | 36% | 36% | 36% | 39% | 38% | |
| Other Income | 5 | 0 | 11 | 18 | 3 | 1 | 2 | 5 | 3 | 9 | 12 | 8 | 17 | |
| Interest | 11 | 10 | 12 | 19 | 6 | 3 | 5 | 6 | 4 | 6 | 7 | 8 | 10 | |
| Depreciation | 4 | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 9 | 10 | 12 | 14 | 17 | |
| Profit before tax | 20 | 11 | 20 | 27 | 23 | 24 | 30 | 34 | 36 | 42 | 46 | 48 | 51 | |
| Tax % | 26% | 35% | 3% | 37% | 34% | 30% | 30% | 30% | 31% | 30% | 30% | 27% | 28% | |
| Net Profit | 15 | 7 | 19 | 17 | 15 | 17 | 21 | 24 | 25 | 29 | 33 | 35 | 37 | |
| EPS in Rs | 89.78 | 44.80 | 3.92 | 2.84 | 2.53 | 2.90 | 3.55 | 4.05 | 3.91 | 4.60 | 5.07 | 5.34 | 5.57 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.52% · closed higher next day 3 of last 10
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26† | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 7 Feb '24◦ | 22 May '24◦ | 9 Aug '24◦ | 12 Nov '24 | 5 Feb '25◦ | 23 May '25◦ | 4 Aug '25◦ | 1 Nov '25◦ | 13 Feb '26◦ | 15 May '26◦ |
| Earnings day | +0.33% | −5.00% | +1.18% | −3.01% | +3.18% | +0.61% | +3.95% | −2.39% | +4.39% | −8.47% |
| +1 day | −1.82% | −2.29% | −0.77% | −6.96% | +5.64% | −1.39% | +5.75% | −2.37% | +4.83% | −8.82% |
| +5 days | +8.43% | −2.30% | −2.33% | −4.91% | −3.49% | −1.13% | −2.03% | −4.95% | +8.04% | −2.74% |
| +15 days | +22.48% | +16.70% | −8.04% | +4.30% | −13.59% | −7.23% | +2.74% | −4.37% | +3.60% | +6.28% |
| +30 days | +34.77% | +25.36% | −8.37% | +0.21% | −0.25% | −9.17% | +9.65% | −5.87% | −2.10% | −2.36% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202655.84%Promoter
Promoters55.84%
FIIs13.30%1.45
DIIs10.32%1.39
Public20.53%2.84
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| A B B | ₹7,375.50 | 102.60 | 1,56,293 | 0.53% | 1,784 | −25.23% | 3,184 | +5.78% | 29.93% |
| B H E L | ₹417.30 | 59.74 | 1,45,307 | 0.34% | 377 | +182.70% | 7,698 | +40.29% | 9.14% |
| Hitachi Energy | ₹31,070.00 | 134.73 | 1,38,486 | 0.03% | 330 | +79.71% | 2,754 | +46.21% | 29.02% |
| CG Power & Ind | ₹867.70 | 107.38 | 1,36,664 | 0.15% | 308 | +16.26% | 3,281 | +13.99% | 26.71% |
| Siemens | ₹3,689.80 | 46.84 | 1,31,401 | 0.49% | 370 | −9.59% | 4,618 | +14.60% | 21.44% |
| Siemens Ener.Ind | ₹3,240.20 | 85.58 | 1,15,390 | 0.12% | 375 | +52.21% | 2,394 | +27.38% | 67.75% |
| GE Vernova T&D | ₹4,157.40 | 83.21 | 1,06,450 | 0.24% | 352 | +86.32% | 1,637 | +42.04% | 76.43% |
| Azad Engineering | ₹2,439.00 | 118.54 | 15,751 | 0.00% | 37 | +42.42% | 162 | +27.27% | 11.92% |
| Median: 44 Co. | ₹548.45 | 33.55 | 5,677 | 0.06% | 46 | +16.19% | 546 | +23.41% | 23.41% |
Filings
DAnnual reports2
Concall transcripts26
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024
Credit ratings5
Announcements5
Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 2d - On July 22, 2026, Azad delivered its first indigenous expendable turbo jet engine to DRDO and Defence Ministry.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jul - Submitted Regulation 74(5) compliance certificates for quarter ended June 30, 2026.Closure of Trading Window 26 JunAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Jun - Azad Engineering to attend Citigroup investor group meeting on June 12, 2026 in Hyderabad.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 3 Jun - Azad Engineering to meet Bernstein in Hyderabad on June 10, 2026.