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Azad Engineering Limited (AZAD) Stock Price & Analysis

AZAD Stock Chart & Stats

₹2,509.10₹63.80(2.61%)
At close: 3:29 PM GMT+5:30
₹2.25K₹2.5K₹2.75K₹3K3 Aug17 Aug31 Aug15 Sep28 Sep12 Oct26 Oct
Day’s Range
INR 2,435.00 - INR 2,534.60
52-Week Range
INR 1,358.70 - INR 3,126.00
Previous Close
INR 2,534.60
Volume
N/A
Average Volume (3M)
80.10K
Market Cap
INR 157.88B
Enterprise Value
INR 98.73B
Total Cash (Recent Filing)
INR 1.85B
Total Debt (Recent Filing)
INR 0
Price to Earnings (P/E)
113.7
Beta
1.39
Next Earnings
Nov 06, 2026 (Est.)
EPS Estimate
4.99
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Revenue And Profit Growth

Strong multi-year revenue expansion shows that Azad has materially scaled its business, while the latest-year re-acceleration supports continued demand. The combination of growth and a 22% net margin provides earnings capacity to fund operations and reinforce its market position.

Improved Balance-Sheet Leverage

The sharp reduction in debt-to-equity materially improves financial flexibility and reduces balance-sheet pressure. Equity growth has outpaced debt growth, giving Azad a stronger foundation to support expansion, absorb operating volatility, and pursue investment without relying as heavily on leverage.

High-Value Precision Manufacturing

Azad operates in a technically demanding precision-engineering niche where specialized machining, processing, and quality requirements can support differentiated customer relationships. Its focus on complex components may help sustain value-added pricing and create repeat business with industrial OEMs.

Bears Say

Weak Cash Conversion

Negative operating cash flow alongside strong accounting profits indicates that earnings are not currently converting into cash efficiently. Deeply negative free cash flow also increases dependence on financing or future execution, limiting flexibility if expansion absorbs more working capital than planned.

Margin Volatility

Although current profitability is strong, the decline from the prior gross-margin peak suggests that earnings quality may be sensitive to product mix or operating conditions. Sustained margin expansion is therefore not assured, and future revenue growth may deliver less incremental profit if mix pressure persists.

Modest Shareholder Returns

An 8.7% return on equity indicates that the substantially larger equity base has not yet produced consistently high returns for shareholders. Unless profitability improves relative to invested capital, Azad may need continued balance-sheet expansion to support growth without a matching improvement in capital efficiency.

Azad Engineering Limited News

AZAD FAQ

What was Azad Engineering Limited’s price range in the past 12 months?
Azad Engineering Limited lowest stock price was ₹1358.70 and its highest was ₹3126.00 in the past 12 months.
What is Azad Engineering Limited’s market cap?
Azad Engineering Limited’s market cap is ₹157.88B.
When is Azad Engineering Limited’s upcoming earnings report date?
Azad Engineering Limited’s next earnings report is estimated for Nov 06, 2026 (not yet confirmed), which is in 3 days.
How were Azad Engineering Limited’s earnings last quarter?
Azad Engineering Limited released its earnings results on Aug 07, 2026. The company reported ₹5.5 earnings per share for the quarter, beating the consensus estimate of ₹5.45 by ₹0.05.
Is Azad Engineering Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Azad Engineering Limited pay dividends?
Azad Engineering Limited does not currently pay dividends.
What is Azad Engineering Limited’s EPS estimate?
Azad Engineering Limited’s EPS estimate is 4.99.
How many shares outstanding does Azad Engineering Limited have?
Azad Engineering Limited has 64,581,740 shares outstanding.
What happened to Azad Engineering Limited’s price movement after its last earnings report?
Azad Engineering Limited reported an EPS of ₹5.5 in its last earnings report, beating expectations of ₹5.45. Following the earnings report the stock price went up 1.067%.
Which hedge fund is a major shareholder of Azad Engineering Limited?
Currently, no hedge funds are holding shares in IN:AZAD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology