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Azad Engineering Limited Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 56/100 · Average See breakdown ↓
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as of —

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Change

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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹2,728.0

Change

+49.7 (1.86%)

Open

₹2,680.0

Prev. Close

₹2,678.3

Day High

₹2,776.8

Day Low

₹2,678.3

Volume Analysis

Traded

438,788

Delivered

192,636

Delivery %

43.9%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (1)

  • •Strong operating margin (38.0%)

Weaknesses (2)

  • •Low return on equity (9.09%)
  • •Promoter holding is falling

Opportunities (2)

  • •Strong 3-year revenue growth (33.8%)
  • •FII holding has been rising

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹2,875.6 ₹2,826.2 ₹2,777.1 ₹2,727.7 ₹2,678.6 ₹2,629.2 ₹2,580.1
Fibonacci ₹2,826.2 ₹2,788.57 ₹2,765.33 ₹2,727.7 ₹2,690.07 ₹2,666.83 ₹2,629.2
Camarilla ₹2,755.09 ₹2,746.06 ₹2,737.03 ₹2,727.7 ₹2,718.97 ₹2,709.94 ₹2,700.91

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

+67.79%

1 Week

-1.33%

1 Month

-4.3%

3 Months

+32.73%

6 Months

+77.75%

1 Year

+75.23%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹331.27

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

8.47%

Net margin 21.79% × asset turnover 0.27x × equity multiplier 1.44x

Company Overview

Sector

Capital Goods

Market Cap

₹17,729 Cr

P/E (TTM)

128.0

ROE

9.09%

Book Value

₹237.0

Face Value

₹2.0

Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.

TopFund Analysis

Azad Engineering Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 56/100. The strongest factor is Financial Strength (99/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (38.0%); low return on equity (9.09%); promoter holding is falling. Strong 3-year revenue growth (33.8%).

TopFund Score — Fundamentals Quality

56/100 — Average

Data confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

99

Growth

50

Valuation

0

Cash Flow

0

Corporate Governance

43

Momentum

85

Institutional Ownership

68

Business Quality

76

Risk & Volatility

50

Liquidity

74

From Screener.in

  • +Company has delivered good profit growth of 63.1% CAGR over last 5 years
  • −Stock is trading at 11.6 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 9.49% over last 3 years.
  • −Company has high debtors of 189 days.

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Announcement under Regulation 30 (LODR)-Newspaper Publication 08 Sep

Newspaper advertisement regarding 43rd Annual General Meeting.

Notice Of Annual General Meeting 7 Sep 07 Sep
Reg. 34 (1) Annual Report. 7 Sep 07 Sep
Business Responsibility and Sustainability Reporting (BRSR) 07 Sep

Azad Engineering filed FY2025-26 BRSR, including ₹11.49 lakh GST penalties for FY2019-20/2020-21.

Letter To Shareholders - Annual Report FY 2025-26 07 Sep

Azad Engineering to hold 43rd AGM on September 29, 2026; emails web-link to shareholders without registered email IDs.

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Sales + 76 83 89 93 98 112 120 127 137 146 159 162 173
Expenses + 50 57 56 61 65 72 78 81 88 93 96 100 108
Operating Profit 26 26 33 31 33 40 43 46 49 53 62 61 64
OPM % 35.0% 32.0% 37.0% 34.0% 34.0% 36.0% 36.0% 36.0% 36.0% 36.0% 39.0% 38.0% 37.0%
Other Income + 0 11 18 3 1 2 5 3 9 12 8 17 4
Interest 10 12 19 6 3 5 6 4 6 7 8 10 10
Depreciation 5 5 5 5 6 7 7 9 10 12 14 17 19
Profit before tax 11 20 27 23 24 30 34 36 42 46 48 51 39
Tax % 35.0% 3.0% 37.0% 34.0% 30.0% 30.0% 30.0% 31.0% 30.0% 30.0% 27.0% 28.0% 10.0%
Net Profit + 7 19 17 15 17 21 24 25 29 33 35 37 35
EPS in Rs 45 4 3 3 3 4 4 4 5 5 5 6 6
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 123 194 252 341 457 603 638
Expenses + 95 132 179 224 296 378 398
Operating Profit 28 62 72 117 161 225 240
OPM % 23.0% 32.0% 29.0% 34.0% 35.0% 37.0% 38.0%
Other Income + 2 5 10 32 11 46 41
Interest 5 14 52 47 18 31 35
Depreciation 9 13 17 21 29 53 61
Profit before tax 16 40 13 81 124 187 184
Tax % 29.0% 27.0% 36.0% 27.0% 30.0% 29.0% —
Net Profit + 12 29 8 59 87 134 139
EPS in Rs 76 195 51 10 14 21 22
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 89 118 202 633 1,381 1,516
Borrowings + 88 197 301 39 263 474
Other Liabilities + 77 87 85 113 204 197
Total Liabilities 256 404 589 797 1,861 2,200
Fixed Assets + 121 144 217 257 436 779
CWIP 0 24 38 45 80 257
Investments 0 0 0 0 0 0
Other Assets + 135 236 335 494 1,345 1,164
Total Assets 256 404 589 797 1,861 2,200
Equity Capital 2 2 2 12 13 13

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + 5 21 -10 -7 54 -119
Cash from Investing Activity + -35 -114 -101 -55 -918 -71
Cash from Financing Activity + 24 96 126 71 877 174
Net Cash Flow -6 3 15 9 13 -16
CFO/OP 43 41 -1 7 44 -31
Free Cash Flow -16 -96 -94 -78 -240 -691

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 65.9% → 55.84%
  Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 23.7% 22.13% 20.98% 18.61% 17.56% 17.21% 19.53% 18.99% 18.08% 17.69% 20.53%
Promoters 65.9% 65.9% 65.9% 65.9% 65.9% 60.32% 55.42% 55.42% 55.84% 55.84% 55.84%
FII 4.68% 6.98% 9.69% 9.74% 9.98% 14.23% 16.16% 15.76% 15.33% 14.75% 13.3%
DII 5.71% 5.0% 3.44% 5.74% 6.57% 8.23% 8.91% 9.84% 10.73% 11.71% 10.32%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Capital Goods — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Azad Engineering Limited (this stock) 17,729 128.0 11.58 9.09%
Triveni Turbine Limited 17,618 50.8 12.18 25.2%
Sigma Advanced System Ltd 17,967 108.0 35.56 -4.03%
Beml Limited 17,487 98.0 5.97 4.78%
Jindal Saw Limited 18,236 27.9 1.45 8.2%
Lmw Limited 18,303 100.0 6.39 4.05%
Inox India Limited 18,742 72.9 16.79 26.1%

Which Mutual Funds Hold Azad Engineering Limited?

Frequently Asked Questions about Azad Engineering Limited

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