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NSE:AZAD

AZAD ENGINEERING LIMITED

Capital Goods › Electrical Equipment·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹2,576.00
at close · 27 Oct 2026
▲ 24.10 (+0.94%)

Latest filings

  1. BHEL awards 2-year gas turbine components contract to Azad worth about 52.68 crore · Business Updates
  2. RTA compliance certificate for Q2 FY27 submitted to exchanges · Compliance
  3. Azad Engineering re-appoints Chairman/CEO and two Whole-Time Directors for 5 years · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

A Electrical Equipment company listed on NSE and BSE, reporting revenue of ₹638 Cr over the trailing twelve months.

Market Cap
₹16,636 Cr
P / E (TTM)
119.9×
EV / EBITDA
60.8×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
11.5%·
ROCE (FY26)
ROE 8.7% · margin 44.9%
Leverage
0.30·
Debt / Equity · low
Net debt ₹432 Cr
Revenue FY24→FY26
1.8×▲
Margin +5.0 pts
₹341 Cr → ₹603 Cr
Cash conversion
-0.26×▼
Operating cash ÷ profit · 3 yrs
₹-72 Cr on ₹279 Cr
Moves on a normal day
1.63%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 35 Heavy Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#32/34
P/B#27/33
ROCE#28/36
ROE#28/34
Debt / Equity#24/34
EBITDA margin#2/35
Revenue growth#13/33
Profit growth#13/32

Scorecard

Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Returns on capital 11.5%
#28 of 36 in Heavy Electrical Equipment on the latest reported figures
Over 3 years it reported ₹279 Cr of profit and an operating cash outflow of ₹72 Cr — -0.26×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 336 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

AZAD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from AZAD ENGINEERING LIMITED's filed financials and exchange disclosures

What does AZAD ENGINEERING LIMITED do?

AZAD ENGINEERING LIMITED is a Electrical Equipment company listed on NSE and BSE, trading under the symbol AZAD.

Is AZAD ENGINEERING LIMITED profitable?

Yes. Over the trailing twelve months AZAD ENGINEERING LIMITED reported a net profit of ₹139 Cr on revenue of ₹638 Cr.

Does AZAD ENGINEERING LIMITED pay a dividend?

Not in the latest reported year — AZAD ENGINEERING LIMITED's dividend payout for FY26 was nil.

Is AZAD ENGINEERING LIMITED debt-free?

No. It reported borrowings of ₹457 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹432 Cr after cash. Debt stands at 0.30× equity. That is higher than 70% of its 34 Heavy Electrical Equipment peers.

Is AZAD ENGINEERING LIMITED expensive compared with its peers?

On trailing P/E, AZAD ENGINEERING LIMITED ranks 32 of 34 in Heavy Electrical Equipment — cheaper than 6% of them, against an industry median of 36.3×. This is a position, not a valuation judgement.

How much does the AZAD ENGINEERING LIMITED share price move in a day?

On a typical session AZAD ENGINEERING LIMITED moves 1.63% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track AZAD ENGINEERING LIMITED's announcements?

Every NSE and BSE filing by AZAD ENGINEERING LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.