Market closedLast updated 21 July 2026, 9:38 pm ISTData NSENot investment advice
Azad Engineering

Azad Engineering Share Price Today (AZAD)

TechnicalsTV Chart
2,378.60
32.90+1.40%
Overall Score48/100
Day range2,348
₹2,378.60
2,391
52-week1,360
₹2,378.60
2,530
Above low+74.9%
Below high6.0%
Range position87%
Open2,348.10
Prev Close2,345.70
Bid2,378.48104
Ask2,378.72100

TODAY IN ONE LINE

AZAD rose 1.4% on light volume, outperforming Nifty's -0.2% move, supported by recent strong earnings.

With a market cap of ₹15,338.16 Cr., it trades at a P/E of 113.24. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume260.7K59%vs 20D avg
Market Cap₹15,338.16 Cr.
Promoter55.84%
Face Value₹2
Fwd P/E57.59
PEG2.3
EV/EBITDA39.41
P/S26.52
ROA5.31%
Beta1.26
Div Payout
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score48/100
Updated 20 Jul
Each card tappable → shows formula + inputs
FLAGS & NEWS

Azad Engineering flags & news 

Key strengths, potential risks, and recent updates.

6 green flags🚩 3 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 34.3% YoY
  • Quarterly OutperformanceLatest quarter Sales up 27.3% and Profit up 42.4%
  • Healthy Operating MarginsOPM is structurally strong at 37.4%
  • High Promoter HoldingPromoters hold 55.8% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Poor Capital ReturnsLow ROE of 9.1%
  • Expensive ValuationTrading at a high P/E ratio of 99.6x
  • Rising Receivables vs SalesReceivables grew 35.7% outpacing sales growth of 34.2%

Latest Azad Engineering News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Azad Engineering Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Azad Engineering Limited, framed against the sector median so the premium or discount is obvious at a glance.

Azad Engineering Limited trades at a P/E of 113.24× and P/B of 9.84×.

Key MetricsMarket + reported · 21 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹15,338.16 Cr.
P/E Ratio
113.24
P/B Ratio
9.84
EPS
₹22.78
Profitability

Profitability

ROE
9.09%
ROCE
11.9%
Net Margin
21.48%
Op Margin
37.4%
Growth

Growth

EPS YoY
34.3%
Revenue YoY
27.3%
Qtr Sales
27.3%
Qtr Profit
42.4%
Financial Health

Financial Health

Debt / Equity
0.31
Book Value
₹236.65
Div Yield
Promoter Holding
55.84%
Technicals

Azad Engineering Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Azad Engineering Limited — derived from the live tape, not yesterday's close.

Azad Engineering Limited last traded at ₹2,378.6 with an intraday range of ₹2,348.1–₹2,391 — live indicator, pivot and CPR signals below.

Last updated: 21 July 2026, 9:38 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹2378.60
LevelPrice (₹)Distance% Δ
R42482.83+104.23+4.38%
R32439.93+61.33+2.58%
R22415.47+36.87+1.55%
R12397.03+18.43+0.77%
PIVOT2372.57-6.03-0.25%
CURRENT2378.60
S12354.13-24.47-1.03%
S22329.67-48.93-2.06%
S32311.23-67.37-2.83%
S42268.33-110.27-4.64%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 2369.55P: 2372.57TC: 2375.58
R1
R2
R3
R4
indicator
LTP: 2378.60
PDH: 2377.30
PDL: 2296.50
● Market Sentiment

AZAD is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 2348.12374.7

● Price Position

Trading Above opening range, showing Bullishness

Financials

Azad Engineering Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Azad Engineering Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Azad Engineering Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹15,338.16 Cr. and reported EPS of ₹22.78.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations457
603
31.8%
Sales Growth YoY %Derived34.21%
31.84%
Other Income11
46
331.1%
Total Income468
649
38.6%
64
58
8.7%
Gross ProfitDerived394
545
38.4%
Gross Margin %Derived86.08%
90.36%
232
320
37.5%
EBITDA (Operating Profit)Derived161
225
39.7%
OPM %Derived35.27%
37.37%
48
84
74.8%
Profit Before Tax (PBT)124
187
51.0%
37
54
43.3%
Effective Tax %Derived30.23%
28.69%
Total Profit for Period87
134
54.3%
Less: Non-controlling Interests-1
1
187.5%
Net Profit (Owner's PAT)Derived87
133
52.2%
Net Profit Margin %Derived19.09%
22.04%
PAT Growth YoY %Derived49.06%
52.18%
Earnings Per Share (EPS ₹)13.52
20.58
52.2%
Diluted Shares Outstanding (Cr)6
6
0.0%
Other Comprehensive Income (Net of Tax)-0
0
105.3%
Total Expenses (incl. D&A & Interest)344
461
34.1%
Material Cost % of RevenueDerived22.96%
21.64%
Employee Cost % of RevenueDerived20.31%
22.48%
Other Cost % of RevenueDerived30.50%
30.52%
Interest Coverage (x)Derived7.17x
5.60x
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Azad Engineering segment analysis : revenue and profit mix.

Disclosed business segments at Azad Engineering with their share of revenue and profit, switchable between consolidated and standalone reporting.

Azad Engineering discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Azad Engineering Limited.

Our AI distills the core fundamental drivers supporting Azad Engineering Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Azad Engineering Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Latest quarterly EPS grew 42.4% YoY; TTM EPS grew 34.3% YoY, strong earnings momentum.

  • Operating margin 28.60% significantly outpaces peer group, demonstrating strong pricing power.

  • Net profit margin 21.48% TTM highest among peers, reflects excellent cost discipline.

  • Revenue growth 27.3% TTM accelerates market share gains in niche aerospace/defense sectors.

  • Promoter holding 55.84% signals strong insider confidence and long-term commitment.

bear case

Key Risks.

  • P/E ratio 99.61x TTM significantly elevated versus sector median benchmarks.

  • Zero dividend yield limits income appeal for dividend-focused investors.

  • Cash flow per share negative at -18.42 annually, ongoing cash burn concern.

  • Total debt ₹474 Cr with D/E 0.31, leverage rising amid capex intensity.

  • Beta 1.24 indicates higher systematic risk relative to broader market.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 147 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

Azad Engineering shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Azad Engineering — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public20.54%2.84%
FII13.30%1.45%
DII10.32%1.39%
Promoters55.84%

Ownership Distribution

Retail & Public
20.54%
Foreign Institutions
13.30%
Domestic Institutions
10.32%
Promoters
55.84%

Category Trends

Foreign Institutions Breakdown
Total Holding: 13.30%
Net Change: -1.45%
Category Total13.30%
Total Holding13.30%
Net Change-1.45%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 2.87%, but category aggregate is 13.30%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
ABU DHABI INVESTMENT AUTHORITY - MONSOON
1.74%
0.41%
-0.41%
Jun 2026
Nomura India Investment Fund Mother Fund
1.13%
1.10%
-1.10%
Jun 2026
ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK INDIA OPPOR
0.00%
0.00%
0.00%
Jun 2026
NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMUR
0.00%
1.20%
-1.20%
Jun 2026
THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUST
0.00%
0.00%
0.00%
Jun 2026
TREE LINE ASIA MASTER FUND (SINGAPORE) PTE LTD
0.00%
0.00%
0.00%
Jun 2026
Peers

Azad Engineering Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Azad Engineering Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
ABB India Limited
₹1.60 Lakh Cr
Best Profit Growth
GE Power India Limited
418.00 %
Highest Dividend Yield
ABB India Limited
1.07 %
09 · Chart Patterns

Azad Engineering Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Azad Engineering Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on AZAD
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full AZAD pattern history & scanner →
Delivery Conviction

Azad Engineering Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Azad Engineering Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Azad Engineering Limited stood at 39.8% of traded volume, against a 20-day average of 42.3%.

Avg Delivery (20D)42.3%-2.6 ppt latest vs avg
Highest Delivery56%on 16 Jul
Avg Volume (20D)6.38 L20-day run-rate
Conviction Trend↓ Weakening-2.6 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Azad Engineering announcements: results, concalls, ratings, M&A.

Filings Azad Engineering sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Azad Engineering files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 121 documents below.

  1. 06 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

  2. 26 Jun 2026Trading WindowView PDF

    Trading Window

    Azad Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  3. 08 Jun 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Azad Engineering Limited has informed the Exchange about Schedule of meet

  4. 22 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Transcript of Earnings Conference Call held on 16th May 2026

  5. 16 May 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Azad Engineering Limited has informed the Exchange about Link of Recording of Earnings Conference Call held on May 16, 2026

Corporate Actions

Azad Engineering dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Azad Engineering has declared, sequenced by announce and record date.

Azad Engineering corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Azad Engineering insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Azad Engineering as reported to SEBI — buying and selling signals from the people who know the business best.

Azad Engineering insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Rakesh ChopdarInsider06 Jun 2025sell31.68 L₹514.11 Cr.₹1,622.96
About the Company

About Azad Engineering Limited: business, sector, key facts.

What Azad Engineering Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Azad Engineering Limited operates in the Heavy Electrical Equipment industry under the Capital Goods sector, listed as NSE: AZAD, BSE: 544061.

AZAD
Capital Goods

Azad Engineering Limited

NSE · AZAD·BSE · 544061·www.azad.in

Azad Engineering Limited is a precision-engineered components manufacturer and supplier operating both domestically within India and internationally. Their primary focus lies in providing high-quality parts for a range of demanding industries, showcasing their expertise in intricate manufacturing processes.

A significant portion of Azad's business involves the aerospace sector. They produce a wide array of components for aircraft engines and auxiliary power units (APUs), including airfoils and blades, various housings and mounts, and parts for fan blisks and impellers. Furthermore, they contribute to aircraft structures, supplying components for airframes and aero structures. Their aerospace offerings also extend to fluid distribution parts that meet aerospace standards, encompassing items such as actuators, covers, and fittings.

Beyond aerospace, Azad Engineering caters to the defense industry, specializing in the creation of specialized components for missile systems. This includes crucial parts like the aft and fore end skirts, base components, and igniter bodies. The company’s expertise extends to the energy sector, providing components for both nuclear and thermal power turbines. This involves the manufacturing of stationary and rotating airfoil/blades for these power generation systems.

In addition to aerospace, defense, and energy, Azad Engineering also serves the oil and gas industry. They offer a selection of components for upstream and midstream sub-systems, supplying items such as slips, flex shafts, drill bits, and various covers and frames. The company’s diverse product portfolio reflects its ability to adapt its manufacturing capabilities to meet the specific needs of various high-precision industries.

Established in 1983 and headquartered in Hyderabad, India, Azad Engineering Limited has a long history of providing precision-engineered solutions. Their broad range of products and their commitment to serving multiple key industrial sectors solidify their position as a significant player in the global market for high-precision components.

company facts
Employees
SectorCapital Goods
HeadquartersHyderabad, India
Market Cap₹15,338.16 Cr.
Listed OnNSE
leadership26 on record
Mr. Ashok Gentyala
Head - Engineering & Operations
Mr. Ashok Gentyala
Director of Technical
Mr. Atin Agarwal
Head - Analytics & IT
Mr. Atin Agarwal
Head of Analytics & IT
Mr. Balaji P. R.
Head of Business Growth
Mr. Balaji P.R.
Head - Business Growth
Mr. Deepak Kabra
Non-Executive Independent Director
Mr. Dinesh J. Shetty
Head of Supply Chain
Mr. Dinesh Shetty
Head - Supply Chain
Mr. Ful Gautam
Compliance Officer, Company Secretary
Mr. Matthew Childs
Head - Program Management
Mr. Michael Booth
Independent Director
§ ∞ · Plainly Answered

Questions investors ask about Azad Engineering Limited (AZAD).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Azad Engineering Limited (AZAD)?

The current share price of Azad Engineering Limited (AZAD) is ₹2,378.6. Today, the stock has gained by ₹32.90 (1.40%), trading in a range of ₹2,348.1 to ₹2,391. The stock opened at ₹2,348.1 with a trading volume of 2,60,653 shares.

02Is Azad Engineering Limited stock a good investment for long-term?

Azad Engineering Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹15,338.16 crores, P/E ratio of 113.24, ROE of 9.09%, and ROCE of 11.90%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Azad Engineering Limited stock?

The 52-week high price of Azad Engineering Limited (AZAD) is ₹2,530, while the 52-week low is ₹1,360. Currently trading at ₹2,378.6, the stock is 87.1% away from its 52-week low and 6.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Azad Engineering Limited stock at the current price?

Whether to buy Azad Engineering Limited stock at ₹2,378.6 depends on multiple factors. The stock is currently trading with a P/E ratio of 113.24 and P/B ratio of 9.84. Today's performance shows a gain of 1.40%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Azad Engineering Limited and when is the next dividend?

Azad Engineering Limited offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹2,378.6, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Azad Engineering Limited?

Azad Engineering Limited's key financial metrics include: P/E Ratio: 113.24, P/B Ratio: 9.84, ROE: 9.09%, ROCE: 11.90%, Dividend Yield: 0.00%, EPS: ₹22.78, Book Value: ₹236.65, and Debt-to-Equity: 0.31. The company's market cap stands at ₹15,338.16 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Azad Engineering Limited stock performing today in the market?

Azad Engineering Limited stock opened at ₹2,348.1 and is currently trading at ₹2,378.6, showing a gain of ₹32.90 (1.40%). The intraday high is ₹2,391 and low is ₹2,348.1. The trading volume stands at 2,60,653 shares, indicating moderate market participation today.

08What is the P/E ratio of Azad Engineering Limited and what does it indicate?

Azad Engineering Limited has a Price-to-Earnings (P/E) ratio of 113.24, which means investors are willing to pay ₹113.24 for every ₹1 of earnings. With an EPS of ₹22.78, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Azad Engineering Limited (AZAD) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.