AZAD ENGINEERING LIMITED (AZAD)

NSE: ₹2,200.50
BSE: ₹2,203.65
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 89.23 92.80 98.41 111.54 120.48 126.93 137.09 145.63 158.72 161.54
YOY Revenue Growth % - - - - 35.03% 36.78% 39.31% 30.56% 31.73% 27.27%
Other Income 18.44 2.77 0.61 1.53 5.07 3.38 8.69 12.25 8.14 16.58
Total Income 107.67 95.57 99.02 113.06 125.56 130.30 145.78 157.87 166.86 178.12
Total Expenses + 81.08 72.94 74.67 83.31 91.52 94.43 103.92 111.44 119.08 126.89
Cost of Materials Consumed 18.39 19.41 16.89 25.54 32.94 29.62 41.96 17.92 39.60 30.99
Employee Benefit Expense 20.84 19.66 20.44 22.23 24.82 25.38 29.31 33.68 34.22 38.32
Other Expenses 25.31 25.99 29.61 33.61 36.54 39.75 41.78 42.22 49.17 50.85
Operating Profit 8.14 19.86 23.74 28.22 28.97 32.50 33.18 34.18 39.64 34.65
OPM % 9.1% 21.4% 24.1% 25.3% 24% 25.6% 24.2% 23.5% 25% 21.5%
Profit Before Tax + 26.59 22.63 24.36 29.75 34.04 35.88 41.87 46.43 47.78 51.24
Tax Expense 9.78 7.70 7.23 8.87 10.32 11.07 12.44 13.82 13.06 14.43
Tax % 36.8% 34% 29.7% 29.8% 30.3% 30.9% 29.7% 29.8% 27.3% 28.2%
Profit After Tax 16.81 14.93 17.12 20.88 23.72 24.81 29.43 32.61 34.72 36.81
EPS (Basic) 3.37 2.85 2.90 3.55 4.05 4.15 4.56 5.05 5.34 5.57

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024
Revenue from Operations 602.98 457.35 340.77
YOY Revenue Growth % 31.84% 34.21% -
Other Income 45.65 10.59 31.99
Total Income 648.63 467.95 372.76
Total Expenses + 461.32 343.92 291.98
Cost of Materials Consumed 130.47 104.99 66.76
Employee Benefit Expense 135.52 92.87 74.27
Other Expenses 184.02 139.50 103.90
Operating Profit 141.65 113.44 48.79
OPM % 23.5% 24.8% 14.3%
Profit Before Exceptional 187.31 124.03 80.79
Exceptional Items 0.00 0.00 0.00
Profit Before Tax + 187.31 124.03 80.79
Tax Expense 53.74 37.49 22.21
Tax % 28.7% 30.2% 27.5%
Profit After Tax 133.56 86.53 58.58
EPS (Basic) 20.57 14.66 11.20

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024
ASSETS
Non-Current Assets + 1,210.74 663.69 375.37
Property, Plant & Equipment 779.34 416.65 257.27
Capital Work in Progress 256.68 79.78 45.43
Non-Current Investments 0.00 0.00 0.00
Goodwill 0.00 0.00 0.00
Other Intangible Assets 0.00 19.39 0.00
Current Assets + 989.30 1,197.01 421.71
Inventories 329.11 189.30 132.96
Trade Receivables 311.66 223.48 169.95
Cash and Cash Equivalents 24.59 40.83 28.19
Current Investments 0.00 0.00 0.00
LIABILITIES & EQUITY
Total Equity 1,528.84 1,393.03 645.06
Equity Share Capital 12.92 12.92 11.82
Other Equity 1,515.98 1,380.87 633.24
Non-Current Liabilities 368.54 237.56 53.79
Current Liabilities 302.67 230.11 98.22
Total Liabilities 671.21 467.67 152.02

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024
Cash from Operating Activities -118.97 53.67 -6.95
Cash from Investing Activities -71.42 -917.71 -55.26
Cash from Financing Activities 174.15 876.69 70.99
Net Increase/Decrease in Cash -16.24 12.65 8.78