Azad Engineering Ltd. (AZAD) fundamentals

Azad Engineering Ltd. is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as AZAD (ISIN INE02IJ01035). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Azad Engineering Ltd. does

Azad Engineering Limited is an India-based company. The Company is engaged in manufacturing product lines in the aerospace and defense, energy and oil and gas industries, highly engineered, complex and mission and life-critical components. The Company’s products include three dimensional (3D) rotating air foil portions of turbine engines and other critical products for defense and civil aircrafts, spaceships, defense missiles, nuclear power, hydrogen, gas power, oil, and thermal power. The Company’s segments include Aerospace, Defense, Oil & Gas, and Energy. In Defense segment the Company manufactures industrial aerospace standard fluid distribution parts, integrated into the aircraft hydraulic systems which spans from nose to tail and left to right ends of the wing of an airplane, for the functioning of all the synchronized hydro pneumatic system. The Oil & Gas segment includes exploration, extraction, refining, and distribution of fossil fuels, primarily oil and natural gas.

Valuation and market data

Last close₹2849.10
Market capitalisation₹16,817 crore
Enterprise value₹17,014 crore
P/E (TTM)0.00
Price to book12.07
Price to sales (TTM)24.77
Book value per share₹236.01
Dividend yield0.00%
SectorCapital Goods
IndustryElectrical Equipment
Listed sinceThu Dec 28

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹638 crore₹185 crore₹132 crore0.00
Mar 2025₹464 crore₹126 crore₹89 crore14.87
Mar 2024₹373 crore₹81 crore₹59 crore11.20
Mar 2023₹262 crore₹13 crore₹9 crore1.80
Mar 2022₹198 crore₹39 crore₹28 crore6.17

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters55.8%
Foreign institutions (FII)13.3%
Mutual funds9.0%
Other domestic institutions1.3%
Retail and others20.5%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.