Azad Engineering Ltd

Azad Engineering Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Azad Engineering Ltd

₹ 1,898 -0.25%
28 Jun - close price
azad.in BSE: 544061 NSE: AZAD
About

Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries.[1]

Key Points

Product Profile[1] Company manufactures highly engineered, complex, mission and life-critical high precision forged and machined components like 3D rotating airfoil and blade portions of turbine engines and other critical components for gas, nuclear, and thermal turbines.

Website BSE NSE
  • Market Cap ₹ 11,220 Cr.
  • Current Price ₹ 1,898
  • High / Low ₹ 2,080 / 642
  • Stock P/E 192
  • Book Value ₹ 109
  • Dividend Yield 0.00 %
  • ROCE 21.5 %
  • ROE 13.8 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 17.4 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 13.7% over last 3 years.
  • Company has high debtors of 182 days.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Engineering Industry: Engineering

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Sep 2023 Dec 2023 Mar 2024
60 85 83 89 93
42 54 57 56 61
Operating Profit 17 30 26 33 31
OPM % 29% 36% 32% 37% 34%
3 5 11 18 3
Interest 13 11 12 19 6
Depreciation 4 4 5 5 5
Profit before tax 3 20 20 27 23
Tax % -30% 26% 3% 37% 34%
4 15 19 17 15
EPS in Rs 23.19 89.96 3.92 2.84 2.53
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
122 121 194 252 341
81 92 132 179 224
Operating Profit 41 29 62 72 117
OPM % 34% 24% 32% 29% 34%
1 4 3 10 32
Interest 6 5 14 52 47
Depreciation 7 9 13 17 21
Profit before tax 30 19 39 13 81
Tax % 29% 29% 28% 36% 27%
21 14 28 9 59
EPS in Rs 139.44 89.28 185.04 51.52 9.91
Dividend Payout % -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 41%
TTM: 35%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 63%
TTM: 588%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 14%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 2 2 2 12
Reserves 85 91 118 202 633
Preference Capital 4 4 -0 -0
58 83 197 300 39
53 81 87 85 113
Total Liabilities 198 257 404 589 797
101 114 137 210 257
CWIP 0 -0 24 38 45
Investments 7 6 6 6 -0
90 136 237 335 494
Total Assets 198 257 404 589 797

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
37 34 21 -10 -7
-28 -29 -114 -101 -55
-7 7 96 126 71
Net Cash Flow 1 12 3 15 9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 122 159 140 172 182
Inventory Days 489 910 1,009 1,042 1,055
Days Payable 851 977 748 575 396
Cash Conversion Cycle -240 92 401 639 841
Working Capital Days 60 133 144 236 294
ROCE % 15% 21% 16%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
65.90% 65.90%
4.68% 6.98%
5.71% 5.00%
23.70% 22.13%
No. of Shareholders 1,35,0901,06,231

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

No data available.

DRHP

Credit ratings

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