Is Azad Engineering Limited (AZAD.NS) a Buy, Sell, or Hold?
NSE : AZAD.NS
Azad Engineering Limited — Financials
$2435.1 INR
$87.3 (3.72%)
- Volume
- 688.1K
- Average Volume
- 571.09K
- Market Capitalization
- $157.26B
- P/E Ratio
- 118.55
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $2530.00
- Year Low
- $1360.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.27
AZAD.NS Financial Statements
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|
| revenue | 6.03B | 4.44B | 3.28B | 2.42B | 1.85B | 1.18B |
| costOfRevenue | 2.46B | 1.18B | 796.44M | 577.06M | 452.08M | 355.34M |
| grossProfit | 3.56B | 3.26B | 2.48B | 1.84B | 1.4B | 826.24M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | 953.35M | 758.93M | 607.04M | 468.82M | 328.51M |
| otherExpenses | 1.84B | 988.29M | 765.27M | 643.31M | 441.45M | 304.92M |
| operatingExpenses | 1.84B | 1.94B | 1.52B | 1.25B | 910.27M | 633.43M |
| costAndExpenses | 4.31B | 3.12B | 2.32B | 1.83B | 1.36B | 988.77M |
| netInterestIncome | -308.19M | -126.38M | -443.78M | -415.04M | -98.58M | -32.61M |
| interestIncome | - | 55.52M | 14.6M | 27.1M | 7.91M | 10.89M |
| interestExpense | 308.19M | 181.9M | 458.38M | 442.14M | 106.49M | 43.5M |
| depreciationAndAmortization | 528.42M | 294.84M | 205.3M | 165.83M | 133.14M | 88.73M |
| ebitda | 2.71B | 1.64B | 1.34B | 564.11M | 619.75M | 286.99M |
| ebit | 2.18B | 1.35B | 1.14B | 398.28M | 486.61M | 198.26M |
| nonOperatingIncomeExcludingInterest | -456.54M | -31.27M | -174.69M | 190.46M | 4.52M | -5.45M |
| operatingIncome | 1.72B | 1.32B | 960.58M | 588.74M | 491.13M | 192.81M |
| totalOtherIncomeExpensesNet | 148.35M | -78M | -152.72M | -457.15M | -89.79M | -30.45M |
| incomeBeforeTax | 1.87B | 1.24B | 807.86M | 131.59M | 401.34M | 162.36M |
| incomeTaxExpense | 537.43M | 374.92M | 222.06M | 46.86M | 106.77M | 47.36M |
| netIncomeFromContinuingOperations | 1.34B | 865.34M | 585.8M | 84.73M | 294.57M | 115M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | 1.33B | 873.18M | 585.8M | 84.73M | 294.57M | 115M |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | 1.33B | 873.18M | 585.8M | 84.73M | 294.57M | 115M |
| eps | 20.57 | 14.66 | 11.2 | 1.43 | 4.98 | 1.95 |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 1.85B | 408.33M | 281.86M | 194.06M | 44.25M | 17.74M |
| shortTermInvestments | - | 60.52M | 305.76M | 206M | 69.73M | - |
| cashAndShortTermInvestments | 1.85B | 468.85M | 587.62M | 400.06M | 113.98M | 17.74M |
| netReceivables | 3.12B | 2.23B | 1.7B | 1.19B | 746.31M | 538.09M |
| accountsReceivables | 3.12B | 2.23B | 1.7B | 1.19B | 746.31M | 525.75M |
| otherReceivables | - | - | - | - | - | 12.34M |
| inventory | 3.29B | 1.89B | 1.33B | 860.63M | 573.75M | 342.88M |
| prepaids | - | - | 18.36M | 17.43M | 9.5M | 18.11M |
| otherCurrentAssets | 1.64B | 7.37B | 581.94M | 371.54M | 233.19M | 342.98M |
| totalCurrentAssets | 9.89B | 11.97B | 4.22B | 2.84B | 1.68B | 1.26B |
| propertyPlantEquipmentNet | 10.36B | 5.16B | 3.41B | 2.55B | 1.68B | 1.21B |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | 65.48M | 66.56M | 38.35M |
| goodwillAndIntangibleAssets | - | - | - | 65.48M | 66.56M | 38.35M |
| longTermInvestments | 406.66M | 6.66M | -58.84M | -204.87M | -62.84M | 32.36M |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.34B | 1.47B | 401.21M | 648.78M | 682.19M | 19.17M |
| totalNonCurrentAssets | 12.11B | 6.64B | 3.75B | 3.06B | 2.37B | 1.3B |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 22B | 18.61B | 7.97B | 5.89B | 4.04B | 2.56B |
| totalPayables | 863M | 979.72M | 527.46M | 495.01M | 509.63M | 412.12M |
| accountPayables | 852.74M | 801.08M | 499.54M | 475.35M | 425.45M | 373.05M |
| otherPayables | 10.26M | 178.64M | 27.92M | 19.66M | 84.18M | 39.07M |
| accruedExpenses | - | - | 58.95M | 18.47M | - | 70.63M |
| shortTermDebt | 1.76B | 727.17M | 100.44M | 797.4M | 746.27M | 462.53M |
| capitalLeaseObligationsCurrent | 26.38M | 22.67M | 2.71M | -16.51M | - | - |
| taxPayables | 10.26M | - | 27.92M | 24.93M | 84.18M | 39.07M |
| deferredRevenue | - | - | 31.38M | 16.51M | 298.73M | 286.57M |
| otherCurrentLiabilities | 380.41M | 571.58M | 261.28M | 171.2M | -75.87M | -106.65M |
| totalCurrentLiabilities | 3.03B | 2.3B | 982.22M | 1.48B | 1.48B | 1.13B |
| longTermDebt | 2.81B | 1.71B | 271.13M | 2.21B | 1.23B | 414.6M |
| capitalLeaseObligationsNonCurrent | 150.46M | 175.16M | 20.05M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 492.02M | 274.38M | 210.68M | 135.87M | 116.33M | 97.65M |
| otherNonCurrentLiabilities | 233.4M | 217.39M | 36.08M | 25.64M | 22.52M | 14.08M |
| totalNonCurrentLiabilities | 3.69B | 2.38B | 537.94M | 2.37B | 1.36B | 526.33M |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | 176.84M | 197.83M | 22.76M | -16.51M | - | - |
| totalLiabilities | 6.71B | 4.68B | 1.52B | 3.85B | 2.84B | 1.65B |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 129.16M | 129.16M | 118.23M | 16.52M | 15.13M | 15.13M |
| retainedEarnings | - | 2.61B | 1.73B | 1.23B | 1.15B | 891.22M |
| additionalPaidInCapital | - | 11.43B | 4.56B | 754.6M | 2.97M | 2.97M |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|
| netIncome | 1.87B | 873.18M | 807.86M | 84.73M | 294.57M | 115M |
| depreciationAndAmortization | 528.42M | 294.85M | 205.3M | 165.83M | 133.14M | 88.73M |
| deferredIncomeTax | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - |
| changeInWorkingCapital | -3.03B | -1.28B | -1.49B | -809.6M | -398.69M | -167.92M |
| accountsReceivables | -736.91M | -555.78M | -528.05M | -417.92M | -237.97M | -111.64M |
| inventory | -1.4B | -563.38M | -469M | -308.27M | -230.87M | -177.53M |
| accountsPayables | - | - | 4.53M | 49.9M | 76.84M | 73.47M |
| otherWorkingCapital | -899.42M | -158.1M | -495.26M | -133.31M | -6.69M | 47.78M |
| otherNonCashItems | -556.69M | 645.9M | 405.13M | 456.95M | 180.37M | -30.73M |
| netCashProvidedByOperatingActivities | -1.19B | 536.67M | -69.49M | -102.09M | 209.39M | 5.08M |
| investmentsInPropertyPlantAndEquipment | -5.72B | -2.93B | -753.4M | -856.22M | -1.17B | -203.84M |
| acquisitionsNet | - | - | 118.86M | 18.77M | 100000 | - |
| purchasesOfInvestments | - | -6.25B | - | -200.79M | - | -154.11M |
| salesMaturitiesOfInvestments | 4.8B | - | 25.95M | - | 21.63M | - |
| otherInvestingActivities | 215.24M | 4.26M | 56.04M | 26.73M | 7.75M | 10.89M |
| netCashProvidedByInvestingActivities | -714.22M | -9.18B | -552.55M | -1.01B | -1.14B | -347.06M |
| netDebtIssuance | 2.13B | 2.06B | -1.21B | 1.21B | 1.09B | 289.7M |
| longTermNetDebtIssuance | 1.43B | 1.58B | -517.66M | 1.16B | 810.93M | 142.7M |
| shortTermNetDebtIssuance | 705.12M | 484.15M | -696.96M | 51.13M | 283.74M | 147M |
| netStockIssuance | - | 6.88B | 2.4B | 573.46M | - | - |
| netCommonStockIssuance | - | 6.88B | 2.4B | 573.46M | - | - |
| commonStockIssuance | - | 6.88B | 2.4B | 573.46M | - | - |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | -389.1M | -181.34M | -475.51M | -523.82M | -135.56M | -53.54M |
| netCashProvidedByFinancingActivities | 1.74B | 8.77B | 709.87M | 1.26B | 959.11M | 236.16M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 1.62B | 1.59B | 1.46B | 1.37B | 1.13B | 1.2B | 1.12B | 984.09M | 801.49M | 892.26M |
| costOfRevenue | 110.53M | 131.13M | 625.13M | 167.77M | 703.31M | 163.07M | 158.45M | 153.21M | 629.71M | 103.54M |
| grossProfit | 1.5B | 1.46B | 831.12M | 1.2B | 430.35M | 1.04B | 956.9M | 830.88M | 171.78M | 788.72M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | 491.71M | 422.22M | 293.1M | 278.51M | 248.2M | 222.25M | 204.39M | 212.88M | 208.39M |
| otherExpenses | 1.06B | 484.59M | - | 519.17M | -211.39M | 439.74M | 403.71M | 356.23M | -300.27M | 305.39M |
| operatingExpenses | 1.06B | 976.3M | 422.22M | 812.27M | 67.12M | 687.94M | 625.96M | 560.62M | -87.39M | 513.78M |
| costAndExpenses | 1.17B | 1.11B | 1.05B | 980.04M | 770.43M | 851.01M | 784.41M | 713.83M | 542.32M | 617.32M |
| netInterestIncome | -98.63M | -83.37M | -67.08M | -59.11M | -38.21M | -64.15M | -48.71M | -32.82M | -60.34M | -193.71M |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 98.63M | 83.37M | 67.08M | 59.11M | 38.21M | 64.15M | 48.71M | 32.82M | 60.34M | 193.71M |
| depreciationAndAmortization | 168.05M | 142.4M | 116.56M | 101.41M | 92.66M | 74.38M | 67.65M | 60.15M | 54.62M | 52.25M |
| ebitda | 779.03M | 703.53M | 647.92M | 579.19M | 415.03M | 478.94M | 413.87M | 336.53M | 196.18M | 511.81M |
| ebit | 610.98M | 561.13M | 531.36M | 477.78M | 322.37M | 404.56M | 346.22M | 276.38M | 141.56M | 459.56M |
| nonOperatingIncomeExcludingInterest | -165.81M | -81.37M | -122.46M | -86.9M | 40.86M | -50.73M | -15.28M | -6.12M | 117.61M | -184.62M |
| operatingIncome | 445.17M | 479.76M | 408.9M | 390.88M | 363.23M | 353.83M | 330.94M | 270.26M | 259.17M | 274.94M |
| totalOtherIncomeExpensesNet | 67.18M | -2M | 55.38M | 27.79M | -4.45M | -13.42M | -33.43M | -26.7M | -32.71M | -9.09M |
| incomeBeforeTax | 512.35M | 477.76M | 464.28M | 418.67M | 358.78M | 340.41M | 297.51M | 243.56M | 226.46M | 265.85M |
| incomeTaxExpense | 144.3M | 130.59M | 138.19M | 124.35M | 110.69M | 103.21M | 88.69M | 72.33M | 77.01M | 97.6M |
| netIncomeFromContinuingOperations | 368.05M | 347.17M | 326.09M | 294.32M | 248.09M | 237.2M | 208.82M | 171.23M | 149.45M | 168.25M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | 10000 | - | - | - | - | - | 1.27M | - | - | -200K |
| netIncome | 359.85M | 345.13M | 327.36M | 297.17M | 252.66M | 239.2M | 210.09M | 171.23M | 149.45M | 168.05M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 359.85M | 345.13M | 327.36M | 297.17M | 252.66M | 239.2M | 210.09M | 171.23M | 149.45M | 168.05M |
| eps | 5.57 | 5.34 | 5.07 | 4.56 | 4.15 | 4.05 | 3.55 | 2.9 | 2.58 | 3.37 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 1.85B | - | 3.48B | - | 6.97B | - | 321.34M | 589.18M | 281.86M | -239.77M |
| shortTermInvestments | - | - | - | - | - | - | 39.48M | - | 305.76M | 479.54M |
| cashAndShortTermInvestments | 1.85B | 3.48B | 3.48B | 6.97B | 6.97B | 360.8M | 360.82M | 589.18M | 589.18M | 239.77M |
| netReceivables | 3.12B | - | 2.85B | - | 2.23B | - | 2.26B | - | 1.7B | - |
| accountsReceivables | 3.12B | - | 2.85B | - | 2.23B | - | 2.26B | - | 1.7B | - |
| otherReceivables | - | - | - | - | - | - | - | - | 167.05M | - |
| inventory | 3.29B | - | 2.34B | - | 1.89B | - | 1.54B | - | 1.33B | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 1.64B | -3.48B | 1.3B | -6.97B | 871.98M | -360.8M | 636.77M | -589.18M | 598.74M | -239.77M |
| totalCurrentAssets | 9.89B | - | 9.97B | - | 11.97B | - | 4.8B | 589.18M | 4.22B | 239.77M |
| propertyPlantEquipmentNet | 10.36B | - | 6.99B | - | 5.16B | - | 3.37B | - | 3.03B | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 406.66M | - | 362.01M | - | 264.69M | - | 219.12M | - | -60.4M | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.34B | - | 2.23B | - | 1.21B | - | 1.34B | -589.18M | 787.03M | -239.77M |
| totalNonCurrentAssets | 12.11B | - | 9.59B | - | 6.64B | - | 4.93B | -589.18M | 3.75B | -239.77M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 22B | - | 19.55B | - | 18.61B | - | 9.73B | - | 7.97B | - |
| totalPayables | 863M | - | 853.23M | - | 979.72M | - | 632.25M | - | 527.46M | - |
| accountPayables | 852.74M | - | 717.68M | - | 801.08M | - | 532.5M | - | 499.54M | - |
| otherPayables | 10.26M | - | 135.55M | - | 178.64M | - | 99.75M | - | 27.92M | - |
| accruedExpenses | - | - | - | - | 6.25M | - | - | - | 19.01M | - |
| shortTermDebt | 1.76B | - | 1.02B | - | 727.17M | - | 529.56M | - | 100.44M | - |
| capitalLeaseObligationsCurrent | 26.38M | - | - | - | 22.67M | - | 20.46M | - | 2.71M | - |
| taxPayables | 10.26M | - | - | - | - | - | 99.75M | - | 27.92M | - |
| deferredRevenue | - | - | - | - | 44.76M | - | - | - | 150.81M | - |
| otherCurrentLiabilities | 380.41M | - | 405.92M | - | 520.57M | - | 356.36M | - | 181.79M | - |
| totalCurrentLiabilities | 3.03B | - | 2.28B | - | 2.3B | - | 1.54B | - | 982.22M | - |
| longTermDebt | 2.81B | - | 1.94B | - | 1.71B | - | 953.49M | - | 271.13M | - |
| capitalLeaseObligationsNonCurrent | 150.46M | - | 162.3M | - | 175.16M | - | 126.56M | - | 20.05M | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 492.02M | - | 338.73M | - | 274.38M | - | 237.71M | - | 210.68M | - |
| otherNonCurrentLiabilities | 233.4M | -14.78B | 54.41M | -13.93B | 217.39M | -6.83B | 43.59M | -6.45B | 36.08M | -2.31B |
| totalNonCurrentLiabilities | 3.69B | -14.78B | 2.49B | -13.93B | 2.38B | -6.83B | 1.36B | -6.45B | 537.94M | -2.31B |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 176.84M | - | 162.3M | - | 197.83M | - | 147.02M | - | 22.76M | - |
| totalLiabilities | 6.71B | -14.78B | 4.78B | -13.93B | 4.68B | -6.83B | 2.9B | -6.45B | 1.52B | -2.31B |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 129.16M | - | 129.16M | - | 129.16M | - | 118.23M | - | 118.23M | - |
| retainedEarnings | - | - | - | - | 2.61B | - | - | - | 1.73B | - |
| additionalPaidInCapital | - | - | - | - | 11.43B | - | - | - | 4.56B | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 359.85M | 345.13M | 623.79M | 297.17M | 252.66M | 239.2M | 210.09M | 171.23M | 149.45M | 168.05M |
| depreciationAndAmortization | - | - | 217.97M | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | - | - | -1.46B | - | - | - | - | - | - | - |
| accountsReceivables | - | - | -572.55M | - | - | - | - | - | - | - |
| inventory | - | - | -444.41M | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | - | - | -441.93M | - | - | - | - | - | - | - |
| otherNonCashItems | -359.85M | -345.13M | -141.77M | -297.17M | -252.66M | -239.2M | -210.09M | -171.23M | -149.45M | -168.05M |
| netCashProvidedByOperatingActivities | - | - | -758.9M | - | - | - | - | - | - | - |
| investmentsInPropertyPlantAndEquipment | - | - | -3.07B | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | 3.41B | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | 345.26M | - | - | - | - | - | - | - |
| netDebtIssuance | - | - | 379.65M | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | 379.65M | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | -58.13M | - | - | - | - | - | - | - |
| netCashProvidedByFinancingActivities | - | - | 321.52M | - | - | - | - | - | - | - |