Azad Engineering Limited

Web: azad.in NSE: AZAD BSE: 544061 SECTOR: Capital Goods - Electrical Equipment

2344 17(1%)

Near 52W High of 2530

Volume

3L as on 23, Jun

Open

1,651

High

1,735

Low

1,651

2,327

VWAP

2,063

52 Week High

2,530

52 Week Low

1,360

Viand Research Rating

Quality Score

55/100

Growth Score

90/100

Valuation Score

50/100

Momentum Score

25/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

15,137

No. of Shares

6.46

P/E

P/B

13.28

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

7.57

ROCE

Profit Growth

Listing Date

28-Dec-23

Promoter Holding

55.84%

FII Holding

14.75%

DII Holding

11.71%

Price Chart

Price Performance

1 Week4%

1 Month0%

3 Months50%

6 Months25%

1 Year25%

YTD25%

Moving Average

5 Day SMA2,091

10 Day SMA2,112

20 Day SMA2,113

30 Day SMA2,091

50 Day SMA2,074

61 Day SMA1,975

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	2,175	2,099	2,149	2,166
Resistance 2	2,149	2,093	2,127	2,145
Resistance 1	2,116	2,088	2,113	2,107
Pivot Point	2,091	2,082	2,091	2,086
Support 1	2,057	2,077	2,068	2,049
Support 2	2,032	2,072	2,054	2,028
Support 3	1,998	2,066	2,032	1,990

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,05,236	4564	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,95,132	404	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,111	7508	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,54,691	5580	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,49,748	407	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,877	32055	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,155	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,071	883	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,302	8915	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,497	3664	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Promoters	(0.01) 55.84%	(0.41) 55.84%	(0.01) 55.42%	(-4.91) 55.42%	(-5.61) 60.32%	(0.01) 65.90%	(0.01) 65.90%	(0.01) 65.90%	(0.01) 65.90%	(0.01) 65.90%
FIIs	(-0.61) 14.75%	(-0.41) 15.33%	(-0.41) 15.76%	(1.91) 16.16%	(4.31) 14.23%	(0.21) 9.98%	(0.11) 9.74%	(2.71) 9.69%	(2.31) 6.98%	(0.01) 4.68%
DIIs	(1.01) 11.71%	(0.91) 10.73%	(0.91) 9.84%	(0.71) 8.91%	(1.71) 8.23%	(0.81) 6.57%	(2.31) 5.74%	(-1.61) 3.44%	(-0.71) 5.00%	(0.01) 5.71%
Public	17.69%	18.08%	18.99%	19.53%	17.21%	17.56%	18.61%	20.98%	22.13%	23.70%
No. of Shareholders	126,786	125,118	127,716	127,692	124,539	117,613	128,846	102,445	106,231	135,090

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022
Sales	162	159	146	137	127	120	112	98	93	89	83	76	85	60
Sales Growth % (YoY)	27.3%	31.7%	30.6%	39.3%	36.8%	35%	34.6%	29.6%	9.3%	49.2%	-	-	-	-
Sales Growth % (QoQ)	1.9%	8.9%	6.6%	7.9%	5.8%	7.1%	14.3%	5.4%	4.5%	7.2%	9.2%	-10.6%	41.7%	-
Expenses	100	96	93	88	81	78	72	65	61	56	57	50	54	42
Operating Profit	61	62	53	49	46	43	40	33	31	33	26	26	30	17
OPM %	38	39	36	36	36	36	36	34	34	37	32	35	36	29
Other Income	17	8	12	9	3	5	2	1	3	18	11	0	5	3
Interest	10	8	7	6	4	6	5	3	6	19	12	10	11	13
Depreciation	17	14	12	10	9	7	7	6	5	5	5	5	4	4
Profit before tax	51	48	46	42	36	34	30	24	23	27	20	11	20	3
Tax %	28	27	30	30	31	30	30	30	34	37	3	35	26	-31
Net Profit	37	35	33	29	25	24	21	17	15	17	19	7	15	4
Net Profit Growth % (QoQ)	5.7%	6.1%	13.8%	16%	4.2%	14.3%	23.5%	13.3%	-11.8%	-10.5%	171.4%	-53.3%	275%	-
Net Profit Growth % (YoY)	48%	45.8%	57.1%	70.6%	66.7%	41.2%	10.5%	142.9%	-	325%	-	-	-	-
TTM Net Profit	134	122	111	99	87	77	70	68	58	58	45	26	19	0
EPS in Rs	5.57	5.34	5.07	4.6	3.91	4.05	3.55	2.9	2.53	2.84	3.92	44.8	89.78	23.31

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Sales	603	457	341	252	194	123
Sales Growth %	31.8%	34.2%	35.4%	29.4%	58.5%	-
Expenses	378	296	224	179	132	95
Operating Profit	225	161	117	72	62	28
OPM %	37	35	34	29	32	23
Other Income	46	11	32	10	5	2
Interest	31	18	47	52	14	5
Depreciation	53	29	21	17	13	9
Profit before tax	187	124	81	13	40	16
Tax %	29	30	27	36	27	29
Net Profit	134	87	59	8	29	12
Net Profit Growth %	54%	47.5%	637.5%	-72.4%	141.7%	-
EPS in Rs	20.58	13.52	9.91	51.28	194.69	76
Dividend Payout %	0	0	0	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Cash from Operating Activity	-119	54	-7	-10	21	5
Cash from Investing Activity	-71	-918	-55	-101	-114	-35
Cash from Financing Activity	174	877	71	126	96	24
Net Cash Flow	-16	13	9	15	3	-6

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Equity Capital	13	13	13	12	12	2	2	2
Reserves	1516	1466	1381	671	633	202	118	89
Borrowings	474	312	263	163	39	301	197	88
Other Liabilities	197	164	204	127	113	85	87	77
Total Liabilities	2200	1955	1861	973	797	589	404	256
Fixed Assets	779	544	436	280	257	217	144	121
CWIP	257	155	80	57	45	38	24	0
Investments	0	0	0	0	0	0	0	0
Other Assets	1164	1256	1345	636	494	335	236	135
Total Assets	2200	1955	1861	973	797	589	404	256

Delivery

#	Date	1875 35% 2530	Value (Cr)	Q/T 15	Del 41	Del 95
1	22-Jul	2327	70	11	46	32
2	21-Jul	2379	62	13	40	25
3	20-Jul	2346	57	11	38	21
4	17-Jul	2330	63	14	43	27
5	16-Jul	2408	105	17	56	59
6	15-Jul	2352	111	17	45	50
7	14-Jul	2393	125	12	31	39
8	13-Jul	2378	254	14	45	114
9	10-Jul	2480	227	15	27	60
10	9-Jul	2476	596	16	29	173
11	8-Jul	2229	194	15	37	72
12	7-Jul	2275	237	12	41	98
13	6-Jul	2246	226	18	43	96
14	3-Jul	2149	212	19	42	90
15	2-Jul	2074	39	11	47	19
16	1-Jul	2049	77	18	50	38
17	30-Jun	2055	74	16	51	38
18	29-Jun	1984	86	12	53	45
19	25-Jun	2020	74	13	40	29
20	24-Jun	2007	43	12	48	20
21	23-Jun	2045	58	12	43	25
22	22-Jun	2082	57	15	49	28
23	19-Jun	2095	111	18	46	51
24	18-Jun	2068	195	18	43	84
25	17-Jun	2164	259	15	33	85
26	16-Jun	2131	110	13	37	41
27	15-Jun	2122	136	15	39	53
28	12-Jun	2150	103	14	53	55
29	11-Jun	2106	74	12	45	33
30	10-Jun	2160	123	16	38	46
31	9-Jun	2230	105	20	46	48
32	8-Jun	2176	92	15	45	42
33	5-Jun	2208	86	16	39	33
34	4-Jun	2200	183	18	40	74
35	3-Jun	2091	84	14	36	31
36	2-Jun	2066	57	12	44	25
37	1-Jun	1980	53	14	46	24
38	29-May	2017	85	14	36	31
39	27-May	2057	80	14	37	30
40	26-May	2117	102	17	39	40
41	25-May	2041	59	14	38	23
42	22-May	2040	43	13	39	17
43	21-May	2024	83	15	39	33
44	20-May	2008	114	14	30	35
45	19-May	1913	102	15	49	50
46	18-May	1920	148	14	44	65
47	15-May	2098	72	13	44	31
48	14-May	2182	73	14	38	27

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	15,137c	104c	0.69
22-Jul	15,033c	337c	2.19
21-Jul	15,371c	336c	2.23
17-Jul	15,035c	478c	3.08
16-Jul	15,513c	229c	1.50
15-Jul	15,283c	14c	0.09
14-Jul	15,270c	130c	0.84
13-Jul	15,400c	468c	2.95
10-Jul	15,867c	136c	0.85
09-Jul	16,003c	1,537c	10.63
08-Jul	14,466c	280c	1.90
07-Jul	14,746c	215c	1.48
06-Jul	14,531c	1,264c	9.53
02-Jul	13,267c	5c	0.03
30-Jun	13,272c	419c	3.26
29-Jun	12,853c	236c	1.80
26-Jun	13,089c	79c	0.60
25-Jun	13,168c	229c	1.77
24-Jun	12,940c	332c	2.50
23-Jun	13,272c	162c	1.20
22-Jun	13,433c	94c	0.69
19-Jun	13,527c	152c	1.13
18-Jun	13,375c	665c	4.74
17-Jun	14,040c	291c	2.11
16-Jun	13,750c	58c	0.42
15-Jun	13,691c	97c	0.70
12-Jun	13,788c	158c	1.16
11-Jun	13,631c	700c	4.89
10-Jun	14,331c	0	0

Stock Checklist

Price is above from 52 week high low average: 68%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 70 fund scheme(s) across 13 fund house(s) as of Jul26 · Total value ₹2,257 Cr · 0 increasing / 26 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
ICICI Prudential Mutual Fund	4	0.85%	-0.56%	932.2
WhiteOak Capital Mutual Fund	18	36.37%	-0.12%	344.8
Axis Mutual Fund	4	1.26%	-	286.6
Kotak Mahindra Mutual Fund	6	2.29%	-0.36%	278.7
Union Mutual Fund	6	8.84%	-	117.5
Motilal Oswal Mutual Fund	6	7.13%	-	96.8
Bandhan Mutual Fund	6	0.90%	-	83.5
LIC Mutual Fund	6	2.38%	-	75.6
Groww Mutual Fund	6	2.13%	-	33.5
Edelweiss Mutual Fund	2	0.20%	-	5.2
The Wealth Company Mutual Fund	2	2.11%	-	2.2
Angel One Mutual Fund	2	0.02%	-	0
Mirae Asset Mutual Fund	2	0.02%	-	0

Azad Engineering Limited

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

Delivery

Daily Market Cap

Stock Checklist

Mutual Fund Holdings

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements