Azad Engineering Ltd (AZAD)
₹2,445.30
Mkt cap
₹15,792 Cr
P/E ratio
114.00
P/B
10.32
Div yield
0.00%
ROE
9.09%
ROCE
11.90%
EPS (TTM)
₹21.45
Book value
₹237
52W range
1,360–3,128
Sector
Industrials
Price history
Previous close
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]
NSE AZADBSE 544061
Health check
Mixed
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsNeutral
52-week range
−21.82% from high₹2,445
₹1,360+79.80% from low₹3,128
Current
₹2,445.30
Prev close
₹2,533.90
Day
−3.50%
Price performance
1D
−3.44%
1W
−1.29%
1M
−16.04%
3M
+8.28%
6M
+13.26%
1Y
+48.30%
YTD
+47.95%
Financials
Revenue, profit & margin
P/E ratio
114.0×
AZAD is 278% above the sector median of 30.2×
AZAD114.0×
Sector median30.2×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 76 | 83 | 89 | 93 | 98 | 112 | 120 | 127 | 137 | 146 | 159 | 162 | 173 | |
| Expenses | 50 | 57 | 56 | 61 | 65 | 72 | 78 | 81 | 88 | 93 | 96 | 100 | 108 | |
| Operating Profit | 26 | 26 | 33 | 31 | 33 | 40 | 43 | 46 | 49 | 53 | 62 | 61 | 64 | |
| OPM % | 35% | 32% | 37% | 34% | 34% | 36% | 36% | 36% | 36% | 36% | 39% | 38% | 37% | |
| Other Income | 0 | 11 | 18 | 3 | 1 | 2 | 5 | 3 | 9 | 12 | 8 | 17 | 4 | |
| Interest | 10 | 12 | 19 | 6 | 3 | 5 | 6 | 4 | 6 | 7 | 8 | 10 | 10 | |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 9 | 10 | 12 | 14 | 17 | 19 | |
| Profit before tax | 11 | 20 | 27 | 23 | 24 | 30 | 34 | 36 | 42 | 46 | 48 | 51 | 39 | |
| Tax % | 35% | 3% | 37% | 34% | 30% | 30% | 30% | 31% | 30% | 30% | 27% | 28% | 10% | |
| Net Profit | 7 | 19 | 17 | 15 | 17 | 21 | 24 | 25 | 29 | 33 | 35 | 37 | 35 | |
| EPS in Rs | 1.49 | 3.92 | 2.84 | 2.53 | 2.90 | 3.55 | 4.05 | 3.91 | 4.60 | 5.07 | 5.34 | 5.57 | 5.54 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
6 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.25% · closed higher next day 3 of last 11
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26† | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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◦ | 7 Aug '26◦ |
| Earnings day | +0.33% | −5.00% | +1.18% | −3.01% | +3.18% | +0.61% | +3.95% | −2.39% | +4.39% | −8.47% | +2.44% |
| +1 day | −1.82% | −2.29% | −0.77% | −6.96% | +5.64% | −1.39% | +5.75% | −2.37% | +4.83% | −8.82% | −0.68% |
| +5 days | +8.43% | −2.30% | −2.33% | −4.91% | −3.49% | −1.13% | −2.03% | −4.95% | +8.04% | −2.74% | +16.51% |
| +15 days | +22.48% | +16.70% | −8.04% | +4.30% | −13.59% | −7.23% | +2.74% | −4.37% | +3.60% | +6.28% | +14.98% |
| +30 days | +34.77% | +25.36% | −8.37% | +0.21% | −0.25% | −9.17% | +9.65% | −5.87% | −2.10% | −2.36% | +11.54% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202655.84%Promoter
Promoters55.84%
FIIs12.70%0.60
DIIs10.40%0.08
Public21.06%0.53
Ownership trend
Peers
8 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 | ₹6,413.00 | 88.17 | 1,35,897 | 0.61% | 362 | +8.03% | 3,559 | +21.03% | 29.93% |
| B H E L | ₹387.60 | 46.89 | 1,34,965 | 0.36% | 821 | +118.98% | 9,300 | +23.81% | 9.14% |
| CG Power & Ind | ₹804.00 | 90.61 | 1,26,668 | 0.16% | 409 | +43.71% | 3,802 | +30.07% | 26.71% |
| Hitachi Energy | ₹27,225.00 | 101.87 | 1,21,348 | 0.03% | 294 | +123.52% | 2,494 | +68.62% | 29.36% |
| Siemens | ₹3,303.00 | 78.25 | 1,17,627 | 0.54% | 2,143 | −18.59% | 4,714 | +14.75% | 21.44% |
| GE Vernova T&D | ₹4,020.00 | 69.45 | 1,02,932 | 0.25% | 431 | +44.05% | 2,027 | +31.75% | 77.44% |
| Siemens Ener.Ind | ₹2,803.30 | 65.40 | 99,831 | 0.14% | 441 | +67.83% | 2,486 | +39.28% | 67.75% |
| Azad Engineering | ₹2,445.30 | 113.62 | 15,792 | 0.00% | 35 | +20.29% | 173 | +25.90% | 11.92% |
| Median: 48 Co. | ₹421.55 | 30.17 | 4,751 | 0.04% | 41 | +28.08% | 443 | +24.96% | 23.51% |
Filings
Annual reports3
Concall transcripts29
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024
Credit ratings5
Announcements5
Board Meeting Intimation for Considering The Unaudited Financial Results (Standalone And Consolidated) Of The Company, For The Quarter And Half Year Ended September 30, 2026 30 Oct - Board meets November 6, 2026 to approve Q2 and half-year FY2027 results; trading window closed until November 8.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 12 Oct - Azad Engineering awarded BHEL a two-year rate contract worth about ₹52.68 crore for gas turbine airfoils, through October 9, 2028.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Oct - Regulation 74(5) compliance certificate filed for quarter ended September 30, 2026.Announcement under Regulation 30 (LODR)-Change in Management 30 Sep - AGM approved five-year reappointments of Rakesh Chopdar, Jyoti Chopdar and Vishnu Malpani13 Sept 2026.Scrutinizer 30 Sep