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What is the AZAD ENGINEERING LIMITED (AZAD) share price today?

AZAD ENGINEERING LIMITED (AZAD) is trading at ₹2,329.7 on the NSE, down 3.26% on the day. Source: DocStoX.

What is the PE ratio of AZAD ENGINEERING LIMITED?

AZAD ENGINEERING LIMITED has a price-to-earnings (PE) ratio of 113.2 in the Capital Goods sector.

What is the market capitalisation of AZAD ENGINEERING LIMITED?

AZAD ENGINEERING LIMITED has a market capitalisation of approximately ₹15,124 crore.

AZAD ENGINEERING LIMITED

AZAD·NSE·Capital Goods

₹2,329.70▼ -78.40 (-3.26%)

Capital Goods · Electrical Equipment

Revenue compounding 34% a year

Day₹2311.00

₹2408.00

52W₹1360

₹253083%

Open

₹2408.00

High

₹2408.00

Low

₹2311.00

Prev Close

₹2408.10

Volume

2.68L

VWAP

₹2351.46

Snapshot

Key fundamentals

Market Cap

₹15,124 Cr

P/E Ratio

113.20Expensive

P/B Ratio

8.75

EPS

₹20.58

Book Value

₹237.00

ROE

9.09%Average

ROCE

12.00%Decent

Dividend Yield

0.00%

Debt / Equity

0.31Moderate

Face Value

₹2.00

52W High

₹2530.00

52W Low

₹1360.00

Sector

Capital Goods

Industry

Electrical Equipment

Avoid

Narrow moatHigh uncertainty

Fair value estimate

₹231

▼ 90.1%downside

Trading at ₹2,330 — 90% above our estimate

BearFair valueBull

₹196₹231₹331

/100

Business quality — Solid

Growth 100Profitability 60Efficiency 10Valuation 42

Plain English

Our view

Revenue compounding 34% a year
Low debt relative to equity
Expensive — trades at 113× earnings

Strengths

Low debt relative to equity
Revenue compounding 34% over 3 years
Profit growing 156% a year
Promoters hold a controlling stake

Risks

Expensive — trades at 113× earnings
Fundamental red flags (Piotroski 2/9)

How we got there

Fair value methods

Residual income

9% ROE fading to 13% over ~10 yrs, on ₹237 book

₹203

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹331

Analyst target

No analyst coverage

—

Blended fair value₹231

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Revenue compounding 34% over 3 years
Profit growing 156% a year
Promoters hold a controlling stake

Bear case

Expensive — trades at 113× earnings
Fundamental red flags (Piotroski 2/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

113.2Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

9.1%Average

Above 15% is considered healthy for Indian equities

ROCE

12.0%Decent

Above 18% means capital is working hard

Debt/Eq

0.31Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹15,124 Cr

P/B

8.75

EPS

₹20.58

Div Yield

—

What changed

Recent changes

Foreign investors-1.4% stake last quarter
Domestic institutions-1.4% stake last quarter

What matters

News impact

Overview

Valuation

Expensive

P/E 113.2×

Growth

Strong

+34% rev CAGR

Profitability

Modest

9.1% ROE

Financial health

Comfortable

D/E 0.31

Momentum

N/A

No technicals

Today

Trading activity

Delivery %43.2%

Turnover₹6312.38L Cr

Trades19,527

VWAP₹2351.46

Face value₹2.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+33.8%

+37.4%

10Y

—

Profit

+155.9%

+62.0%

10Y

—

EPS

-26.2%

-23.0%

10Y

—

Profile

Pros

Company is expected to give good quarter
Company has delivered good profit growth of 63.1% CAGR over last 5 years

Watch-outs

Cons

Stock is trading at 10.5 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 9.35% over last 3 years.
Company has high debtors of 189 days.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Foreign investors sold 1.45 pts; domestic institutions reduced 1.39 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

56%

Promoter

Promoters

55.8%0.00

Public

20.5%+2.84

FII / FPI

13.3%-1.45

DII

10.3%-1.39

Quarterly trend

Ownership over time

Q1 FY27

Promoter55.84%

FII13.30%

DII10.32%

Public20.53%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions