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Azad Engineering Ltd Performance

Today's Low
1,851.00
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Today's High
1,967.00
52 Wk Low
642.40
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52 Wk High
2,080.00


Open

1948.9

Traded Value (Cr)

33.91

Prev. Close

1874.3

Face Value

2

Volume

180929

Azad Engineering Ltd Fundamentals

Market Cap
₹ 11073.05 Cr
P/E Ratio (TTM)
189.02
P/B Ratio
17.17
Debt to Equity
1.54
ROE
5.25
EPS (TTM)
9.91
Dividend Yield
0.00 %
Book Value
109.12

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Azad Engineering Ltd Financials

Azad Engineering Ltd Financials

Azad Engineering Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Dec 2023 Sep 2023
Promoters 65.90 % 65.90 % 65.90 % 86.51 %
Retail 17.82 % 19.30 % 18.79 % 0.00 %
FII 6.98 % 4.68 % 4.45 % 0.00 %
Others 4.99 % 5.21 % 7.24 % 13.49 %
Mutual Funds 4.31 % 4.91 % 3.62 % 0.00 %

Promoters

65.90%

Retail

17.82%

FII

6.98%

Others

4.99%

Mutual Funds

4.31%

Promoters

65.90%

Retail

19.30%

FII

4.68%

Others

5.21%

Mutual Funds

4.91%

Promoters

65.90%

Retail

18.79%

FII

4.45%

Others

7.24%

Mutual Funds

3.62%

Promoters

86.51%

Retail

0.00%

FII

0.00%

Others

13.49%

Mutual Funds

0.00%

Resistance and Support

₹1,897.43

PIVOT

resistance-arrow
Resistance
First Resistance₹1,943.867
Second Resistance₹2,013.433
Third Resistance₹2,059.867
support-arrow
Support
First Support₹1,827.867
Second Support₹1,781.433
Third Support₹1,711.867

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day412,421296,73755.45
Week180,929237,39611.58
1 Month180,929156,36511.58
6 Months72,779,06231,181,04654.49

About Azad Engineering Ltd

Azad Engineering Ltd was originally incorporated as Azad Engineering Private Limited' at Hyderabad, Telangana, as a Private Company, pursuant to the Certificate of Incorporation dated September 14, 1983, issued by Registrar of Company, Telangana at Hyderabad. The name of Company changed to Azad Engineering Limited' and a fresh Certificate of Incorporation dated September 5, 2023, was issued by the RoC. Azad Engineering are one of the key manufacturers of qualified product lines supplying to global original equipment manufacturers (OEMs) in the aerospace and defence, energy, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components. The Company manufacture complex and highly engineered precision forged and machined components that are mission and life-critical and hence some of the products have a 'zero parts per million' defects requirement. Their aerospace and defence products include airfoils/ blades and components for engines, auxiliary power units (APUs), hydraulics, actuating systems, flight controls, fuel and inerting sections of commercial and defence aircrafts and spacecrafts, among other defence systems and various critical components for missiles. They have supplied critical components to major commercial aircraft manufacturers such as B737, B737 Max, B747, B777, B777X, A320, A350, A355, A350 XWB, Gulfstream G550. In the energy industry, Company produces high-precision rotating and stationary 3D airfoils/ blades, special machined parts and combustion component assemblies for land-based turbines with applications in industrial and energy plants using different fuel types such as nuclear, hydrogen, natural gas and thermal. For the oil and gas industry, it manufacture components of drilling rigs such as drill bits and other critical components that are used in drilling equipment and are part of exploration and production phase. In 2008, the Company established CNC machine shop; acquired delivery of moving airfoils/ blades to a large government-owned power generation equipment manufacturer. In 2012, it constructed a forge shop and a heat treatment facility for production; opened critical gas/ thermal turbines parts production in 2017 and in 2021-22 acquired land to construct a new plant for Phase 1 and Phase 2 for production. The Company is proposing Initial Public Offer of aggregating Rs 740 Crores Equity Shares comprising Rs 240 Crore by raising capital through Fresh Issue and Rs 500 Crore Equity Shares through Offer for Sale.

Managing Director

NA

Founded

1983

NSE Symbol

AZAD

Azad Engineering Ltd Management

NameDesignation
RAKESHChairman & CEO
Jyoti ChopdarWhole-time Director
Vishnu Pramodkumar MalpaniWhole-time Director
Michael Joseph BoothIndependent Director
Madhusree VemuruIndependent Director
Ful Kumar GautamCompany Sec. & Compli. Officer

Azad Engineering Ltd News

Azad Engineering wins contract to supply turbo engines to GTRE
Azad Engineering consolidated net profit rises 0.67% in the March 2024 quarter
Sales rise 9.29% to Rs 92.80 crore
Azad Engineering to discuss results
On 21 May 2024
Azad Engg inks supply agreement with Baker Hughes
Azad Engineering announced that it has signed strategic supply agreement (SSA) with Baker Hughes Oilfield Operations LLC, USA to supply medium-high complex precision machined components for oil field services.
Azad Engineering signs long term supply agreement with Baker Hughes
Azad wins multi-year order from Nuovo Pignone Srl
Azad Engineering consolidated net profit rises 336.62% in the December 2023 quarter
Sales rise 49.21% to Rs 89.23 crore
Azad Engineering to hold board meeting
On 6 February 2024
Azad Engineering wins long term contract from Rolls-Royce
Azad Engineering makes a strong debut
Shares of Azad Engineering were currently trading at Rs 707.10 at 10:11 IST on the BSE, representing a premium of 34.94% as compared with the issue price of Rs 524.

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Azad Engineering Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Azad Engineering Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Azad Engineering Ltd's share price is ₹1,874.30 as of June 21, 2024 at 04:14 PM

Azad Engineering Ltd's P/E ratio is 189.02 times as of June 21, 2024 at 04:14 PM.

Azad Engineering Ltd's most recent financial reports indicate a price-to-book ratio of 17.17, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Azad Engineering Ltd's market is 11,073 Cr as on June 21, 2024 at 04:14 PM.

The current financial records of Azad Engineering Ltd show a 5.25% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Azad Engineering Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Azad Engineering Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Azad Engineering Ltd's 52-week high and low as of June 21, 2024 at 04:14 PM are ₹2080 and ₹642.4 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Azad Engineering Ltd stands at 65.90%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.68% to 6.98%.