Azad Engineering Ltd

AZAD
NSE· Capital Goods
2,329.70
-78.40 (-3.26%)
Updated 11:25 am IST
52W Low · ₹1,360.0052W High · ₹2,530.00
Near 52W High
Market Cap
₹16013.04L Cr
Volume
2.68L
Prev Close
₹2,408.10
ISIN
INE02IJ01035

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 60 capped to 40 by a red flag.

Why this is capped

Raw blend 60 → capped to 40

  • Profit not converting to cash (CFO -0.3x PAT) — cash-trap risk
  • Short track record (3 yrs of data)
Quality
49
Growth
95
Safety
52
Value

Azad Engineering Ltd scores 40/100 (Caution) on the Orion Score — weak business quality (49), strong growth (95) and moderate balance-sheet safety (52). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO -0.3x PAT) — cash-trap risk
  • Short track record (3 yrs of data)

Forensic accounting

Piotroski F 4/9Altman Z Safe(7.31)Beneish M Elevated(-1.69)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

75/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.31x — lean balance sheet
QUALITY
Low Quality
ROCE 9.1% — poor capital efficiency
MOMENTUM
Bullish
RSI 58.1 — strong momentum

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
120.48
ROCE
9.09%
ROE (1Y)
9.14%
D/E Ratio
0.31x
OPM
27.56%
TTM EPS
₹20.58
Dividend Yield
0.00%
Qtrly Sales
₹161.54 Cr
Qtrly Profit
₹35.98 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹161.54₹35.9827.6%₹5.57
Q3 2026₹158.72₹34.5130.2%₹5.34
Q1 2026₹137.09₹29.7228.5%₹4.56
Q4 2025₹126.93₹25.2728.6%₹4.15
Q3 2025₹120.48₹23.9229.4%₹4.05

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹443.79₹87.32₹164.4429.7%
FY 2024₹328.12₹58.58₹134.0629.3%
FY 2023₹241.62₹8.47₹56.4124.4%
FY 2022₹185.35₹29.46₹61.9826.5%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
AZAD₹16,013 Cr120.489.09%9.14%0.31x27.56%
BEL₹3,03,246 Cr49.0429.65%27.56%0.00x27.47%
BHEL₹1,37,629 Cr85.554.62%6.29%0.31x13.53%
APARINDS₹56,477 Cr57.8028.67%19.74%0.18x6.90%
COCHINSHIP₹37,305 Cr51.5410.41%12.52%0.28x18.71%
BEML₹15,513 Cr110.285.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹1,860.7₹797.08₹589.21₹404.32
Equity₹1,393.79₹645.06₹203.99₹120.01
Total Debt₹263.37₹39.43₹300.6₹197.18
Cash₹40.83₹28.19₹19.41₹4.42
Net Debt₹202.75₹8.97₹281.19₹192.75
Working Capital₹966.89₹323.49₹135.42₹19.8

Shareholding Pattern

Q1 FY2027

Promoter
55.84%
FII
12.71%
DII
10.4%
Public
21.06%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202755.84%12.71% ↓10.4% ↓21.06% ↑
Q4 FY202655.84%13.25% ↓10.84% ↑20.07% ↑
Q3 FY202655.84% ↑15.33% ↓10.73% ↑18.08% ↓
Q2 FY202655.42%15.76% ↓9.84% ↑18.99% ↓
Q1 FY202655.42% ↓16.16% ↑8.91% ↑19.53% ↑
Q4 FY202560.32% ↓14.23% ↑8.23% ↑17.21% ↓
Q3 FY202565.9%9.98% ↑6.57% ↑17.56% ↓
Q2 FY202565.9%9.74%5.74%18.61%

Corporate Actions

No recent corporate actions

Smart Money Holdings

Q4 FY2025

InvestorShares HeldPortfolio %Change
adia
nomura8.10%

Funds Holding This Stock

35 mutual fund schemes

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About Azad Engineering Ltd (AZAD) Stock

Azad Engineering Ltd is listed on the NSE under the Capital Goods sector, Heavy Electrical Equipment industry. ISIN: INE02IJ01035. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.