Azad Engineering Ltd

Azad Engineering Share Price Today

Azad Engineering Limited is a leading manufacturer of qualified product lines for the aerospace and defence, energy, and oil and gas industries, producing highly engineered, sophisticated, mission and life-critical components. It manufactures 3D rotating aerofoil components for turbine engines, as well as other key goods for military and civilian aircraft, spacecraft, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. The precision forged and machined components produced by the company are very complicated and mission-critical, therefore some of them have a "zero parts per million" fault criterion.

The company is engaged in the aerospace and defence, energy, and oil and gas industries, and collaborates with worldwide original equipment manufacturers ("OEMs") in these fields. It has sales in over 16 countries. You can track Azad Engineering share price on NSE and BSE. 

Azad Engineering has in-house expertise and proficiency in engineering, design, tooling, material research, as well as a variety of finishing and assembly activities, all with the goal of continuously improving our production and quality processes. According to the company, the process, design, capabilities, and several years of experience producing life and mission essential components of engines enable us to produce high-quality and cost-effective solutions for global OEMs' demanding applications, distinguishing us from our worldwide competitors. It is a technology-driven and inventive company with manufacturing facilities and high-quality products meeting global standards.

History of Azad Engineering Limited

The company began core manufacturing in 2008 and is a major player in the sectors we serve. It has high-precision manufacturing capabilities for precision forging and machining and serves major OEMs in the worldwide supply chain.

The company has over 15 years of expertise as a Tier I provider of high-precision forged and machined components in the industries it serves. The demand for these products is driven by orders for these components, which arise for requirements relating to military aircrafts, commercial aircrafts, spaceships, gas, hydrogen, nuclear and thermal turbine engines, oil and gas components, or the service market, and the demand for both is driven by energy consumption and growth.

Key Personnel at Azad Engineering Limited

• Rakesh Chopdar is the Chairman and Chief Executive Officer of the company.
• Jyoti Chopdar and Vishnu Malpani are the Whole-time Directors of the company.
• Michael Joseph Booth, Subba Rao Ambati, and Madhushree Vemuru are the independent directors of the company.

Financial Performance of Azad Engineering Limited

• Net sales of Azad Engineering is at Rs 92.80 crore in March 2024 up 9.28% from Rs. 84.91 crore in March 2023.
• The company’s net profit is at Rs. 14.93 crore in March 2024 up 0.44% from Rs. 14.86 crore in March 2023.
• The company’s EBITDA stands at Rs. 34.12 crore in March 2024 down 3.81% from Rs. 35.47 crore in March 2023.