AZAD vs EXICOM: Stock Comparison
Azad Engineering Limited vs Exicom Tele-Systems Limited
Live data: 21 July 2026, 4:08 PM IST • Source: NSE and company filings
Azad Engineering Limited is the larger company by market capitalisation. Azad Engineering Limited shows a higher ROE, lower leverage and a higher ROCE, while Exicom Tele-Systems Limited shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of Azad Engineering Limited and Exicom Tele-Systems Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | AZAD | EXICOM |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | AZAD | EXICOM |
|---|---|---|
| Live Price | ₹2,378.6 | ₹176.81 |
| Day Change | 1.4% | 5.11% |
| Volume | 2.61 L | 56.9 L |
| 52-Week High | ₹2,530 | ₹182.9 |
| 52-Week Low | ₹1,360 | ₹75.6 |
| Distance from 52W High | -5.98% | -3.33% |
Valuation
| Metric | AZAD | EXICOM |
|---|---|---|
| Market Cap | ₹15,338 Cr | ₹2,445 Cr |
| P/E Ratio | 115.65x | -9x |
| P/B Ratio | 10.05x | 3.79x |
| EPS | ₹22.78 | ₹-20.36 |
| Book Value | ₹236.65 | ₹48.33 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | AZAD | EXICOM |
|---|---|---|
| Revenue Growth (TTM YoY) | 27.3% | 46.1% |
| EPS Growth (TTM YoY) | 34.3% | 0% |
| Qtr Sales Growth | 27.3% | 46.1% |
| Qtr Profit Growth | 42.4% | 13.6% |
Profitability & Leverage
| Metric | AZAD | EXICOM |
|---|---|---|
| ROE | 9.09% | -40.8% |
| ROCE | 11.9% | -14.7% |
| Net Margin | 21.48% | -23.8% |
| Operating Margin | 37.4% | -8.97% |
| Debt to Equity | 0.31x | 1.09x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | AZAD | EXICOM |
|---|---|---|
| Promoter Holding | 55.84% | 66.47% |
| FII Holding | 13.3%▼ 1.45 pp | 0.2%▲ 0.13 pp |
| DII Holding | 10.32%▼ 1.39 pp | 3.46%▼ 0.22 pp |
| Public Holding | 20.54%▲ 2.84 pp | 29.87%▲ 0.09 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Azad Engineering Limited and Exicom Tele-Systems Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

