Azad Engineering Limited Stock Price Today (NSE: AZAD)

Azad Engineering Limited

2581.70123.20 (4.55%)
Market Closed

Fundamental Score

...

Azad Engineering Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Azad Engineering Limited share price today is 2581.70, down 4.55% on NSE/BSE as of 16 September 2026. Azad Engineering Limited (AZAD) is a Mid-cap company in the Heavy Electrical Equipment sector with a market capitalisation of 16.67K (Cr). The 52-week high for AZAD share price is 2986.60 and the 52-week low is 1360.00. At a P/E ratio of 120.13x, AZAD is currently trading above its industry average P/E of 38.29x. The company has a Return on Equity (ROE) of 9.09% and a debt-to-equity ratio of 0.30.

Azad Engineering Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
2986.60
Low
2328.00
Volume
6.1L
Change
+10.01%

Azad Engineering Limited share price chart: 10.01% return over the past month. 52-week high ₹2986.60, 52-week low ₹1360.00.

Azad Engineering Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
2719.002719.002555.002581.706.84L (Cr)
2865.002904.202692.902704.904.27L (Cr)
2744.002864.002677.802849.104.54L (Cr)
2805.002813.002760.002773.501.72L (Cr)
2822.302868.002762.002805.002.61L (Cr)
2885.002885.802800.002822.102.56L (Cr)
2777.302898.002773.302868.004.93L (Cr)
2770.002824.302753.402777.302.24L (Cr)
2800.002827.802741.202766.902.65L (Cr)
2820.102853.502754.902785.802.54L (Cr)

Azad Engineering Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
2880.002919.002555.002581.70-10.36%
2309.702986.602275.102861.80+23.90%
2064.002530.002027.002292.50+11.07%
2035.002291.301951.002055.30+1.00%
2200.002350.001874.802016.70-8.33%
1524.002267.501478.002164.90+42.05%
1624.801703.001360.001484.00-8.67%
1456.401769.001428.001713.20+17.63%
1653.001700.001369.701473.90-10.83%
1690.901716.001525.001652.80-2.25%
1720.001758.301586.801680.60-2.29%
1564.101795.501555.001696.60+8.47%

Returns & Performance

Poor

Return on Equity (ROE)

9.09%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.37%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

34.60%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Azad Engineering Limited Valuation Check

Poor

Price to Earnings (P/E)

120.13x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

38.29x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

55.42%

% shares held by company founders/management

Good

FII Holding

14.75%

% shares held by foreign institutional investors

Good

DII Holding

11.71%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

21.45%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

25.90%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

37.49%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-23.00%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

63.14%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.30x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

7.08x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-1.21K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Azad Engineering Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AZAD across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Operating Margins (34.60%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (21.45%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (25.90%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (37.49% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (63.14% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.30)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (7.08x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 5.20)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Balanced Promoter Holding (55.42%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 26.46%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (9.09%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 120.13x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (10.90x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Weak Earnings Growth (-23.00% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Negative Free Cash Flow (₹-1205.36 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Azad Engineering Limited vs Heavy Electrical Equipment Peers

Peer Comparison - Heavy Electrical Equipment

Compare Azad Engineering Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
63.4/100
2582
₹16672.62
120.1
Average
9.09%
Poor
12.37%
Average
0.3
Excellent
63.14%
Excellent
37.49%
Excellent
0.00%
64.2/100
7402
₹156837.79
52.5
Average
22.38%
Excellent
29.95%
Excellent
0.0
Excellent
50.06%
Excellent
17.80%
Excellent
0.55%
63.1/100
434
₹151016.51
62.0
Average
6.29%
Poor
6.77%
Poor
0.3
Excellent
20.93%
Excellent
14.31%
Good
0.33%
76.1/100
927
₹145994.63
116.7
Average
20.42%
Excellent
25.68%
Excellent
0.0
Excellent
69.51%
Excellent
33.18%
Excellent
0.14%
72.8/100
31580
₹140846.80
122.4
Average
21.04%
Excellent
27.65%
Excellent
0.0
Excellent
53.66%
Excellent
18.96%
Excellent
0.02%
68.4/100
3949
₹140587.96
41.1
Average
21.03%
Excellent
22.16%
Excellent
0.0
Excellent
29.56%
Excellent
20.09%
Excellent
0.00%
72/100
4673
₹119652.16
91.7
Average
55.26%
Excellent
70.55%
Excellent
0.0
Excellent
82.86%
Excellent
12.45%
Good
0.21%
51.3/100
3184
₹113339.72
76.2
Average
8.64%
Poor
9.90%
Poor
0.0
Excellent
0.11%
64.4/100
45
₹62507.61
19.9
Average
40.64%
Excellent
32.54%
Excellent
0.0
Excellent
97.91%
Excellent
37.98%
Excellent
0.00%
50/100
3639
₹40988.83
69.1
Average
13.74%
Average
16.55%
Good
0.4
Excellent
28.38%
Excellent
17.42%
Excellent
0.31%
50.5/100
1194
₹28543.76
155.2
Average
31.81%
Excellent
27.39%
Excellent
0.6
Good
80.08%
Excellent
17.38%
Excellent
0.00%

Azad Engineering Limited PE Ratio History

Historical price-to-earnings ratio for AZAD — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202514.66₹1652.80112.7x
FY 202411.20₹1722.25153.8x
FY 20231.43₹692.05482.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Azad Engineering Limited Quarterly Performance

Latest quarterly metrics for AZAD — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

25.90%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

21.45%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

37.49%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

63.14%

Compounded annual net profit growth over 5 years

Azad Engineering Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AZAD — calculated from daily price history

54RSI 14
Neutral — RSI 54

Momentum is balanced — neither overbought nor oversold.

SMA 50
2538
▲ Price above SMA 50 — Short-term bullish
SMA 200
1960
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
571K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Azad Engineering Limited Financial Statements

Annual income statement, balance sheet and cash flow for Azad Engineering Limited (AZAD) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Azad Engineering Limited

Loading latest quarterly results...

About AZAD (Azad Engineering Limited)

Azad Engineering Ltd is a titan in the realm of heavy electrical equipment, forging the intricate hearts and robust skeletons that power industries worldwide. They specialize in th...e creation of high-precision components, meticulously crafted to withstand the unforgiving pressures and extreme temperatures inherent in heavy industrial applications. From massive turbine blades that harness the power of steam to generate electricity, to intricately designed casings that house critical electrical components, Azad's expertise lies in transforming raw materials into vital, enduring assets. Their dedication to quality and precision is evident in every meticulously machined part, ensuring optimal performance and unwavering reliability for their global clientele. The company operates with a commitment to pushing the boundaries of engineering excellence, constantly seeking innovative solutions to meet the ever-evolving demands of the heavy electrical equipment sector. Azad's footprint extends across the energy landscape, providing essential components for power generation, transmission, and distribution systems. They are instrumental in shaping the infrastructure that drives modern society, contributing to the efficient and sustainable flow of electricity. Beyond core components, Azad engineers and manufactures specialized housings designed to protect sensitive electrical equipment from harsh environmental conditions, extending their lifespan and ensuring continuous operation. The company's diverse product portfolio showcases their deep understanding of the intricate interplay between mechanics and electricity, allowing them to provide comprehensive solutions for a broad range of industrial applications. Their expertise enables them to offer not just parts, but engineered solutions that optimize performance, enhance efficiency, and ensure the longevity of vital electrical infrastructure. Beyond simply producing components, Azad Engineering positions itself as a strategic partner, collaborating closely with clients to understand their specific needs and challenges. This collaborative approach allows them to tailor their expertise to develop bespoke solutions that address unique operational requirements. Utilizing advanced manufacturing techniques and rigorous quality control processes, Azad ensures that every component meets the highest standards of performance and reliability. Their dedication to innovation and customer satisfaction has cemented their reputation as a trusted provider of high-quality components for the heavy electrical equipment industry. With a commitment to continuous improvement and a focus on meeting the evolving needs of their clients, Azad Engineering is poised to remain a leader in the field for years to come.

Company Details

Symbol:AZAD
Industry:Heavy Electrical Equipment
Sector:Heavy Electrical Equipment

Key Leadership

Mr. Rakesh Chopdar
Chairman of the Board & CEO
Mr. Ronak Jajoo
Chief Financial Officer
Ms. Jyoti Chopdar
Whole-Time Director

AZAD Share Price: Frequently Asked Questions

What is the current share price of Azad Engineering Limited?

Azad Engineering Limited (AZAD) trades at ₹2581.70 on NSE and BSE. Market cap ₹16.67K (Cr). Educational data only.

What is the P/E ratio of Azad Engineering Limited?

Azad Engineering Limited has a P/E of 120.13x vs industry average 38.29x.

What is the Bull Run score for Azad Engineering Limited?

Azad Engineering Limited has a Bull Run score of 63.4/100 based on 25+ financial parameters.

Does Azad Engineering Limited pay dividends?

Azad Engineering Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Azad Engineering Limited?

Azad Engineering Limited has ROE of 9.09%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Azad Engineering Limited?

Azad Engineering Limited has debt-to-equity of 0.30.

Is Azad Engineering Limited a good investment?

Bull Run gives Azad Engineering Limited a score of 63.4/100. This is not investment advice — consult a SEBI-registered advisor.