Azad Engineering Limited

NSE: AZAD · Capital Goods

Overview

Azad Engineering Limited Share Price & Analysis

₹2,378.6▲ +1.40%Updated 21 Jul 2026, 05:01 pm IST
LTP
₹2,378.6
+1.4%
Open
₹—
High
₹2,391
Low
₹2,348.1
Close
₹2,378.6
52W High
₹2,530
52W Low
₹1,359
Volume
261K
Lot Size
1
Sector
Capital Goods
Market Cap
₹15K Cr
Face Value
₹2
Mid Cap

Price Chart

Fundamentals

P/E
113
Sector P/E
52.7
P/B
8.73
EPS
₹20.6
ROE
9.09%
ROCE
11.9%
D/E Ratio
0.31
Div Yield
0%
Book Value
₹237
+

Strengths

  • ✓Low debt relative to equity (D/E 0.3x)
−

Concerns

  • ✗Premium to sector peers (P/E 113x vs industry 52.7x)
  • ✗High premium to book value (P/B 8.7x)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
HAL
Hindustan Aeronautics Limited
₹4,568
₹3.0L Cr337.4424320
BEL
Bharat Electronics Limited
₹407
₹3.0L Cr49.412.4127.636.50
ABB
ABB India Limited
₹7,530
₹1.6L Cr10420.3522.429.90.01
TMCV
Tata Motors Limited
₹412
+0.59%
₹1.5L Cr38.610.713435.90.44
CUMMINSIND
Cummins India Limited
₹5,590
₹1.5L Cr62.318.2730.239.50
BHEL
Bharat Heavy Electricals Limited
₹417
₹1.5L Cr60.45.556.239.140.45
CGPOWER
CG Power and Industrial Solutions Limited
₹912
₹1.4L Cr11818.0220.526.70.02

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

AZAD · as of Mar 2026

Promoters55.42%▼4.90
FII16.16%▲1.93
DII8.91%▲0.68
Public19.53%▲2.32
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.90%65.90%65.90%65.90%60.32%55.42%
FII6.98%9.69%9.74%9.98%14.23%16.16%
DII5.00%3.44%5.74%6.57%8.23%8.91%
Public22.13%20.98%18.61%17.56%17.21%19.53%

Latest News

All news →

Azad Engineering to host analyst, investor meet

*Azad Engineering to host analyst and institutional investor meet.* The event aims to provide updates on company performance and strategy. **No financial figures or major announcements** were disclosed in the filing. Details of schedule and agenda included. 📊 *STOCKS:* AZAD | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet

NSE Filing8 Jun
Low Impact

Financials

Quarterly Results

MetricMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue
₹162 Cr
▲1.9%
₹159 Cr
▲8.9%
₹146 Cr
▲6.6%
₹137 Cr
▲7.9%
₹127 Cr
▲5.8%
₹120 Cr
▲7.1%
₹112 Cr
▲14.3%
₹98 Cr
Op. Profit
₹61 Cr
▼1.6%
₹62 Cr
▲17.0%
₹53 Cr
▲8.2%
₹49 Cr
▲6.5%
₹46 Cr
▲7.0%
₹43 Cr
▲7.5%
₹40 Cr
▲21.2%
₹33 Cr
OPM
38.0%
▼2.6%
39.0%
▲8.3%
36.0%
▲0.0%
36.0%
▲0.0%
36.0%
▲0.0%
36.0%
▲0.0%
36.0%
▲5.9%
34.0%
Net Profit
₹37 Cr
▲5.7%
₹35 Cr
▲6.1%
₹33 Cr
▲13.8%
₹29 Cr
▲16.0%
₹25 Cr
▲4.2%
₹24 Cr
▲14.3%
₹21 Cr
▲23.5%
₹17 Cr
EPS (₹)
5.57
▲4.3%
5.34
▲5.3%
5.07
▲10.2%
4.6
▲17.6%
3.91
▼3.5%
4.05
▲14.1%
3.55
▲22.4%
2.9

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Revenue
₹603 Cr
▲31.9%
₹457 Cr
▲34.0%
₹341 Cr
▲35.3%
₹252 Cr
▲29.9%
₹194 Cr
▲57.7%
₹123 Cr
Expenses
₹378 Cr
▲27.7%
₹296 Cr
▲32.1%
₹224 Cr
▲25.1%
₹179 Cr
▲35.6%
₹132 Cr
▲38.9%
₹95 Cr
Op. Profit
₹225 Cr
▲39.8%
₹161 Cr
▲37.6%
₹117 Cr
▲62.5%
₹72 Cr
▲16.1%
₹62 Cr
▲121.4%
₹28 Cr
OPM
37.0%
▲5.7%
35.0%
▲2.9%
34.0%
▲17.2%
29.0%
▼9.4%
32.0%
▲39.1%
23.0%
Other Income
₹46 Cr
▲318.2%
₹11 Cr
▼65.6%
₹32 Cr
▲220.0%
₹10 Cr
▲100.0%
₹5 Cr
▲150.0%
₹2 Cr
Interest
₹31 Cr
▲72.2%
₹18 Cr
▼61.7%
₹47 Cr
▼9.6%
₹52 Cr
▲271.4%
₹14 Cr
▲180.0%
₹5 Cr
Depreciation
₹53 Cr
▲82.8%
₹29 Cr
▲38.1%
₹21 Cr
▲23.5%
₹17 Cr
▲30.8%
₹13 Cr
▲44.4%
₹9 Cr
PBT
₹187 Cr
▲50.8%
₹124 Cr
▲53.1%
₹81 Cr
▲523.1%
₹13 Cr
▼67.5%
₹40 Cr
▲150.0%
₹16 Cr
Tax %
29.0%
▼3.3%
30.0%
▲11.1%
27.0%
▼25.0%
36.0%
▲33.3%
27.0%
▼6.9%
29.0%
Net Profit
₹134 Cr
▲54.0%
₹87 Cr
▲47.5%
₹59 Cr
▲637.5%
₹8 Cr
▼72.4%
₹29 Cr
▲141.7%
₹12 Cr
EPS (₹)
20.58
▲52.2%
13.52
▲36.4%
9.91
▼80.7%
51.28
▼73.7%
194.69
▲156.2%
76
Div Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Liabilities
Equity Capital
₹13 Cr
▲0.0%
₹13 Cr
▲8.3%
₹12 Cr
▲500.0%
₹2 Cr
▲0.0%
₹2 Cr
▲0.0%
₹2 Cr
Reserves
₹1.5K Cr
▲9.8%
₹1.4K Cr
▲118.2%
₹633 Cr
▲213.4%
₹202 Cr
▲71.2%
₹118 Cr
▲32.6%
₹89 Cr
Borrowings
₹474 Cr
▲80.2%
₹263 Cr
▲574.4%
₹39 Cr
▼87.0%
₹301 Cr
▲52.8%
₹197 Cr
▲123.9%
₹88 Cr
Other Liabilities
₹197 Cr
▼3.4%
₹204 Cr
▲80.5%
₹113 Cr
▲32.9%
₹85 Cr
▼2.3%
₹87 Cr
▲13.0%
₹77 Cr
Total Liabilities
₹2.2K Cr
▲18.2%
₹1.9K Cr
▲133.5%
₹797 Cr
▲35.3%
₹589 Cr
▲45.8%
₹404 Cr
▲57.8%
₹256 Cr
Assets
Fixed Assets
₹779 Cr
▲78.7%
₹436 Cr
▲69.6%
₹257 Cr
▲18.4%
₹217 Cr
▲50.7%
₹144 Cr
▲19.0%
₹121 Cr
CWIP
₹257 Cr
▲221.3%
₹80 Cr
▲77.8%
₹45 Cr
▲18.4%
₹38 Cr
▲58.3%
₹24 Cr
₹0 Cr
Investments
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
Other Assets
₹1.2K Cr
▼13.5%
₹1.3K Cr
▲172.3%
₹494 Cr
▲47.5%
₹335 Cr
▲41.9%
₹236 Cr
▲74.8%
₹135 Cr
Total Assets
₹2.2K Cr
▲18.2%
₹1.9K Cr
▲133.5%
₹797 Cr
▲35.3%
₹589 Cr
▲45.8%
₹404 Cr
▲57.8%
₹256 Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Operating CF
₹-119 Cr
▼320.4%
₹54 Cr
▲871.4%
₹-7 Cr
▲30.0%
₹-10 Cr
▼147.6%
₹21 Cr
▲320.0%
₹5 Cr
Investing CF
₹-71 Cr
▲92.3%
₹-918 Cr
▼1569.1%
₹-55 Cr
▲45.5%
₹-101 Cr
▲11.4%
₹-114 Cr
▼225.7%
₹-35 Cr
Financing CF
₹174 Cr
▼80.2%
₹877 Cr
▲1135.2%
₹71 Cr
▼43.7%
₹126 Cr
▲31.3%
₹96 Cr
▲300.0%
₹24 Cr
Net Cash Flow
₹-16 Cr
▼223.1%
₹13 Cr
▲44.4%
₹9 Cr
▼40.0%
₹15 Cr
▲400.0%
₹3 Cr
▲150.0%
₹-6 Cr
Free Cash Flow
₹-691 Cr
▼187.9%
₹-240 Cr
▼207.7%
₹-78 Cr
▲17.0%
₹-94 Cr
▲2.1%
₹-96 Cr
▼500.0%
₹-16 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Debtor Days
189d
▲6.2%
178d
▼2.2%
182d
▲5.8%
172d
▲22.9%
140d
▼10.3%
156d
Inventory Days
2067d
▲90.5%
1085d
▲2.8%
1055d
▲1.2%
1042d
▲3.3%
1009d
▲11.4%
906d
Days Payable
536d
▲16.8%
459d
▲15.9%
396d
▼31.3%
576d
▼23.0%
748d
▼24.1%
986d
Cash Conv. Cycle
1720d
▲113.9%
804d
▼4.3%
840d
▲31.7%
638d
▲59.1%
401d
▲420.8%
77d
Working Capital Days
304d
▲41.4%
215d
▼24.0%
283d
▲135.8%
120d
▲2900.0%
4d
▲136.4%
-11d
ROCE
12.0%
▲0.0%
12.0%
▼42.9%
21.0%
▲31.3%
16.0%
▼27.3%
22.0%
—

Source: Screener.in · Lower days = better efficiency

About Azad Engineering Limited

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]

Capital Goods · Electrical Equipment

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Frequently Asked Questions

What is Azad Engineering Limited share price today?▾
Azad Engineering Limited (AZAD) is currently trading at ₹2,378.6 on NSE, up 1.40% as of the last market session. Prices update daily after market close on MarketNetra.
Is Azad Engineering Limited available in F&O (Futures & Options)?▾
Yes, Azad Engineering Limited (AZAD) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Azad Engineering Limited 52-week high and low?▾
Azad Engineering Limited's 52-week high is ₹2,530 and the 52-week low is ₹1,359. The current price of ₹2,378.6 is 6.0% below the 52W high.
What is Azad Engineering Limited P/E ratio?▾
Azad Engineering Limited's current P/E ratio is 113. This indicates the market is paying ₹113 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Azad Engineering Limited options?▾
Azad Engineering Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade AZAD options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.