Azad Engineering LimitedAZADCorporate

Engineering Latest results: Jun 2026 14 quarters of data
₹2,741.00
MCap ₹17,702 Cr · P/E 126.9
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹173 Cr
Sales · Jun 2026
+25.9% YoY
₹64 Cr
Operating Profit · Jun 2026
+30.7% YoY
37.3%
OPM % · Jun 2026
+3.9% YoY
₹35 Cr
Net Profit · Jun 2026
+19.5% YoY
₹5.53
EPS · Jun 2026
+21.3% YoY

📝 Azad Engineering Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Azad Engineering Limited reported revenue of ₹173 crore for the quarter ended June 2026 (Q1 FY27), up 25.9% from ₹137 crore in the same quarter last year, and up 6.5% sequentially over the March 2026 quarter.

Net profit rose 19.5% year-on-year to ₹35 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹5.53.

Operating profit stood at ₹64 crore — an operating margin (OPM) of 37.3%, compared with 35.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Azad Engineering Limited posted revenue of ₹603 crore, a growth of 31.9% over FY25, with a net profit of ₹134 crore (up 54.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹639 crore with a net profit of ₹139 crore.

Valuation snapshot

At the current price of ₹2,741.00, AZAD has a market capitalisation of ₹17,702 crore and a trailing P/E of about 126.9.

Within the Engineering industry, it is the 2nd-largest of the 57 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 55.84%, foreign institutional investors (FIIs) 12.70%, domestic institutional investors (DIIs) 10.40%, public shareholders 21.05% of Azad Engineering Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹17,702 Cr
Current Price ?
₹2,741.0
P/E ?
126.91above ind
Industry P/E ?
35.10
P/B ?
11.58
P/S ?
27.70
P/FCF ?
-25.62
Enterprise Value ?
₹18,176 Cr
EV/EBITDA ?
75.69
PEG ?
0.85
Earnings Yield ?
1.0%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹639 Cr
OPM ?
37.6%
Profit after tax (TTM) ?
₹139 Cr
EPS (TTM) ?
₹21.60
ROCE ?
12.0%
ROE ?
9.1%
ROA ?
6.3%
Growth
Sales — latest qtr ?
₹173 Cr
PAT — latest qtr ?
₹35 Cr
YoY qtr sales growth ?
25.9%
YoY qtr profit growth ?
19.5%
Sales growth (3y) ?
34%
Sales growth (5y) ?
37%
Profit growth (3y) ?
150%
Profit growth (5y) ?
63%
Financial Health
Debt ?
₹474 Cr
Debt to Equity ?
0.31
Interest Coverage ?
5.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
55.84%
Change in promoter holding ?
0.42%
Pledged percentage ?
N/A
Market
Return 3 months ?
17.7%
Return 6 months ?
43.9%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 857683899398112120127137146159162173 +25.9% +6.5%
Operating Profit 3026263331334043464953626164 +30.7% +5.5%
Other Income 501118312539128174 -59.2% -79.1%
Interest 11101219635646781010 +74.6% +3.2%
Depreciation 4555567791012141719 +83.6% +9.5%
Profit Before Tax 2011202723243034364246485139 -6.9% -23.6%
Net Profit 157191715172124252933353735 +19.5% -5.0%
EPS 89.7844.803.923.372.532.903.554.053.914.565.055.345.575.53 +21.3% -0.7%
OPM % 35.3% 34.2% 31.3% 36.7% 33.3% 33.6% 35.7% 35.5% 36.2% 35.9% 36.1% 39.2% 37.7% 37.3% +3.9% -1.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹457 Cr ₹603 Cr ₹639 Cr +31.9%
Operating Profit ₹162 Cr ₹225 Cr ₹240 Cr +39.1%
OPM % 35.36% 37.28% 37.58% +5.4%
NPM % 18.96% 22.17% 21.83% +16.9%
Other Income ₹10 Cr ₹46 Cr ₹41 Cr +351.1%
Depreciation ₹29 Cr ₹53 Cr ₹62 Cr +81.5%
Interest ₹19 Cr ₹31 Cr ₹35 Cr +66.7%
EBIT ₹133 Cr ₹172 Cr ₹179 Cr +29.8%
PBT ₹124 Cr ₹187 Cr ₹184 Cr +50.7%
Tax ₹26 Cr ₹39 Cr ₹31 Cr +48.8%
Net Profit ₹87 Cr ₹134 Cr ₹139 Cr +54.2%
EPS ₹14.41 ₹20.52 ₹21.49 +42.4%
Material Cost ₹75 Cr ₹99 Cr ₹101 Cr +32.0%
Employee Cost ₹67 Cr ₹97 Cr ₹110 Cr +44.0%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 2121313 +0.0%
Reserves 2026331,3811,516 +9.8%
Borrowings 30139263474 +80.2%
Other Liabilities 85113204197 -3.4%
Total Liabilities 5897971,8612,200 +18.2%
Fixed Assets 217257436779 +78.7%
CWIP 384580257 +221.2%
Investments 0000 —
Other Assets 3354941,3451,164 -13.5%
Total Assets 5897971,8612,200 +18.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -10-754-119 -320.4%
Cash from Investing Activity -101-55-918-71 +92.3%
Cash from Financing Activity 12671877174 -80.2%
Net Cash Flow 15913-16 -223.1%
Free Cash Flow -94-78-240-691 -187.9%
CFO/OP -1%7%44%-31% -170.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 172182178189 +6.2%
Inventory Days 1,0421,0551,0852,067 +90.5%
Days Payable 599396459536 +16.8%
Cash Conversion Cycle 6158408041,720 +113.9%
Working Capital Days 120283215304 +41.4%
ROCE % 16%21%12%12% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 55.42%55.42%55.84%55.84%55.84% +0.0%
FIIs 16.16%15.76%15.33%14.75%12.70% -13.9%
DIIs 8.91%9.84%10.73%11.71%10.40% -11.2%
Public 19.53%18.99%18.08%17.69%21.05% +19.0%
No. of Shareholders 1,27,6921,27,7161,25,1181,26,7861,49,134 +17.6%

⚖️ Peer comparison

Industry: Engineering · top 25 of 57 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MTARTECH Mtar Technologies ₹7,039.50 21,653 161.6 1,080 134 21.1% 12.4% 29.7% 77.1% 130.4% 364.5%
2 AZAD Azad Engineering ₹2,808.60 18,138 130.7 639 139 37.6% 21.8% 31.9% 54.2% 25.9% 19.5%
3 ACE Action Construction ₹1,131.00 13,462 30.8 3,414 437 15.5% 12.8% -1.4% 1.5% 20.5% 22.3%
4 LLOYDSENGG LLOYDS ENGINEERING ₹81.61 12,646 80.5 1,234 144 14.0% 11.7% 39.4% 18.7% 104.0% 146.6%
5 TITAGARH TITAGARH RAIL ₹837.75 11,282 58.9 3,271 192 11.1% 5.9% -17.6% -38.1% 12.6% 69.9%
6 KRN KRN Heat ₹1,414.00 9,256 91.2 737 97 19.5% 13.2% 39.7% 44.6% 118.9% 164.8%
7 ELECON Elecon Engineering ₹407.35 9,141 37.3 2,457 245 21.3% 10.0% 6.2% -17.8% 10.5% 9.8%
8 DYNAMATECH Dynamatic Technologies ₹12,004.00 8,152 187.5 1,675 43 11.9% 2.6% 15.6% -23.8% 14.5% 93.0%
9 SKIPPER Skipper ₹534.55 6,530 26.9 5,609 225 10.4% 4.0% 20.1% 42.7% 4.5% 25.5%
10 GMMPFAUDLR GMM Pfaudler ₹1,335.00 6,002 82.3 3,655 68 10.8% 1.8% 10.2% 4.5% 16.4% 117.7%
11 PRAJIND Praj Industries ₹309.00 5,680 188.4 3,244 31 4.8% 1.0% -1.8% -88.9% 11.8% 124.7%
12 TEXRAIL Texmaco Rail ₹109.88 4,471 20.7 4,223 214 8.7% 5.1% -10.9% -14.1% -16.9% 70.7%
13 SHANTIGEAR Shanthi Gears ₹552.20 4,238 66.5 499 64 17.8% 12.7% -14.3% -20.2% -14.4% -56.6%
14 PITTIENG Pitti Engineering ₹1,122.80 4,145 33.8 1,818 125 18.0% 6.9% 7.2% -3.9% 15.8% 28.3%
15 JASH Jash Engineering ₹586.00 3,686 39.2 708 94 17.2% 13.3% 0.3% -12.6% -23.0% 367.7%
16 UNIPARTS Uniparts India ₹776.85 3,505 19.4 1,244 180 22.3% 14.5% 21.5% 79.5% 26.9% 64.3%
17 ANUP Anup Engineering ₹1,641.20 3,288 39.5 739 83 18.7% 11.2% 11.6% -8.2% -30.4% -95.7%
18 HLEGLAS HLE Glascoat ₹469.20 3,259 59.1 1,370 41 9.0% 3.0% 31.7% -8.4% 5.9% -88.5%
19 WINDMACHIN Windsor Machines ₹296.90 3,072 375.8 606 7 4.9% 1.1% 54.7% 10.0% 31.4% 91.4%
20 KABRAEXTRU Kabra Extrusion ₹676.00 2,364 n/m 576 4 4.9% 0.7% -5.4% -116.7% 64.2% 1102.8%
21 THEJO Thejo Engineering ₹2,173.40 2,358 40.5 674 55 13.2% 8.1% 14.3% -5.8% 31.0% 56.1%
22 HMT HMT ₹64.38 2,289 — 147 -132 -76.8% -89.8% 0.3% 8.3% 16.0% -3.6%
23 JNKINDIA JNK India ₹407.00 2,277 34.8 818 65 11.2% 8.0% 71.6% 114.6% 77.0% 149.3%
24 TIL TIL ₹250.25 2,063 — 377 -30 4.8% -7.9% 2.5% -1175.9% 86.2% 12.4%
25 MACPOWER Macpower CNC ₹1,984.00 1,985 51.0 367 39 16.7% 10.6% 27.3% 32.8% 56.1% 110.3%
❓ Frequently asked questions
What was Azad Engineering Limited's revenue in Q1 FY27?
Azad Engineering Limited reported revenue of ₹173 crore for the quarter ended June 2026 (Q1 FY27), up 25.9% from ₹137 crore in the same quarter last year, and up 6.5% sequentially over the March 2026 quarter.
What was Azad Engineering Limited's net profit in Q1 FY27?
Net profit rose 19.5% year-on-year to ₹35 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹5.53.
What is AZAD's market capitalisation and P/E ratio?
At the current price of ₹2,741.00, AZAD has a market capitalisation of ₹17,702 crore and a trailing P/E of about 126.9.
Who owns Azad Engineering Limited? (shareholding pattern)
As of Sep 2026, promoters held 55.84%, foreign institutional investors (FIIs) 12.70%, domestic institutional investors (DIIs) 10.40%, public shareholders 21.05% of Azad Engineering Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI