Azad Engineering Limited
₹2,737.00▼ -12.80 (-0.47%)
AZAD·NSE·Capital Goods
Market Cap
17714.77 Cr
PE Ratio
133.06
Volume
7,09,963
Day High - Low
2832.10 - 2691.10
52W High-Low
3127.90 - 1360.00
₹2,737.00▼ -12.80 (-0.47%)
Market Cap17714.77 Cr
PE Ratio133.06
Volume7,09,963
Day High - Low2832.10 - 2691.10
52W High-Low3127.90 - 1360.00
Azad Engineering Limited (AZAD): company summary
The company's business is improving, with annual revenue rising 31.9% and annual net profit rising 53.5%.
Azad Engineering Limited (AZAD) is a small-cap Capital Goods company valued at ₹17,715 crore operating in Heavy Electrical Equipment on the NSE and BSE.
- Recent price move
- Azad Engineering Limited last traded at ₹2,737, modestly down 0.47% on the day.
- Recent developments
- On 2026-09-29, Azad Engineering shares extended 2026 gains to 82%.
- Financial performance
- The company's business is improving, with annual revenue rising 31.9% and annual net profit rising 53.5%. The latest quarter shows revenue up 26.0% and net profit up 21.2% compared to the same quarter a year earlier. Net profit margin has increased by 3.1 percentage points to 22.2%, while return on equity and return on capital employed remain at 8.7% and 10.9%, respectively.
- Valuation multiples
- The stock trades at 133.1 times earnings, 11.71 times book value.
- Things to watch
- The stock is 8.5% below its 52-week high. Promoter holding remains at 55.84%, while foreign institutional holding and domestic institutional holding both fell by 1.45 and 1.39 points, respectively. The company is not paying out dividends despite repeated profits.
- Where it stands
- Azad Engineering Limited has shown strong revenue and profit growth over the past five years, with the latest quarter reflecting continued improvement. The stock is currently 8.5% below its 52-week high, and the company is not paying dividends despite its profitability.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
5.5/10
Fair
Fair Value
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ROE
8.69%
Average
P/E
133.06x
Expensive
Debt / Equity
0.31
Moderate
Industry
Capital Goods
Heavy Electrical Equipment
Overall View
Mixed
Price performance
NIFTY 500NIFTY SMALLCAP 250
Day₹2691
₹2832
52W₹1360
₹3128
DocStoX take
Supported by growth (8.5) and momentum (7.5), but held back by valuation (0.0). Growth looks strong at 8.5, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidence5.5
/10
Fair
Quality
Solid
ROE 8.7%
Valuation
Expensive
P/E 133.1×
Growth
Strong
Revenue +37.4% 5Y CAGR
Risk
Moderate
D/E 0.31
Momentum
Strong
78% of 52-week range
At a glance
Market Cap
₹17,715 Cr
52W High / Low
₹3128 / ₹1360
Dividend Yield
0.00%
Promoter Holding
55.84%
EPS (TTM)
₹20.57
Book Value
₹236.74
Key highlights
- Profit compounding 62% a year
- Revenue compounding 37% a year
- Profitable in all of the last 5 years
- Valuation is weak (0.0/10)
- Expensive at 133× earnings
4 Positives2 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
More Capital Goods stocks · Heavy Electrical Equipment
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Azad Engineering Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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