Azad Engineering Ltd

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

Azad Engineering Ltd

₹ 1,854 0.58%
03 Jul 11:05 a.m.
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 ₹ 10,958 Cr.
  • Current Price ₹ 1,854
  • High / Low ₹ 2,080 / 642
  • Stock P/E 187
  • Book Value ₹ 109
  • Dividend Yield 0.00 %
  • ROCE 21.5 %
  • ROE 13.8 %
  • Face Value ₹ 2.00
Edit ratios

Pros

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

Cons

  • Stock is trading at 16.9 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 14.0% 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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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 % -31% 26% 3% 37% 34%
4 15 19 17 15
EPS in Rs 23.31 89.78 3.92 2.84 2.53
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
123 194 252 341
95 132 179 224
Operating Profit 28 62 72 117
OPM % 23% 32% 29% 34%
2 5 10 32
Interest 5 14 52 47
Depreciation 9 13 17 21
Profit before tax 16 40 13 81
Tax % 29% 27% 36% 27%
12 29 8 59
EPS in Rs 76.00 194.69 51.28 9.91
Dividend Payout % 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: 72%
TTM: 592%
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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 2 2 12
Reserves 89 118 202 633
Preference Capital 4 0 0
84 197 301 39
81 87 85 113
Total Liabilities 256 404 589 797
121 144 217 257
CWIP 0 24 38 45
Investments 0 0 0 0
135 236 335 494
Total Assets 256 404 589 797

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
5 21 -10 -7
-35 -114 -101 -55
24 96 126 71
Net Cash Flow -6 3 15 9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 156 140 172 182
Inventory Days 906 1,009 1,042 1,055
Days Payable 986 748 576 396
Cash Conversion Cycle 77 401 638 840
Working Capital Days 126 144 236 294
ROCE % 22% 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

Concalls