Dashboard
Company has a low Debt to Equity ratio (avg) at 0.06 times
Healthy long term growth as Net Sales has grown by an annual rate of 33.02%
The company has declared Positive results for the last 8 consecutive quarters
Stock is technically in a Bullish range
High Institutional Holdings at 26.46%
Market Beating Performance
Stock DNA
Heavy Electrical Equipment
INR 15,764 Cr (Small Cap)
119.00
39
0.00%
-0.02
7.55%
10.48
Total Returns (Price + Dividend) 
Azad Engineering for the last several years.
Risk Adjusted Returns v/s 
Returns Beta
News

Azad Engineering Ltd Upgraded to Buy on Strong Financial and Quality Metrics
Azad Engineering Ltd, a small-cap player in the Heavy Electrical Equipment sector, has been upgraded from a Hold to a Buy rating following a comprehensive reassessment of its quality, valuation, financial trends, and technical indicators. The upgrade reflects the company’s robust sales growth, improved profitability, and favourable capital structure, positioning it as a compelling investment opportunity amid a challenging market backdrop.
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Azad Engineering Ltd Upgrades Quality Grade Amid Mixed Market Performance
Azad Engineering Ltd has seen a notable upgrade in its quality grade from average to good, reflecting improvements in key business fundamentals such as return on capital employed (ROCE), return on equity (ROE), and debt management. Despite a recent sharp decline in share price, the company’s underlying financial metrics and growth trajectory suggest a strengthening operational profile within the heavy electrical equipment sector.
Read More Announcements 
Announcement under Regulation 30 (LODR)-Newspaper Publication
08-Aug-2026 | Source : BSENewspaper clippings regarding unaudited standalone and consolidated financial results for the quarter ended June 30 2026
Announcement under Regulation 30 (LODR)-Newspaper Publication
08-Aug-2026 | Source : BSENewspaper clippings regarding unaudited standalone and consolidated financial results for the quarter ended June 30 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
08-Aug-2026 | Source : BSELink to access the Audio Recording of Earnings Conference Call
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Jun 2026
Shareholding Compare (%holding) 
Promoters
None
Held by 13 Schemes (9.0%)
Held by 95 FIIs (13.3%)
Rakesh Chopdar (54.88%)
Icici Prudential Flexicap Fund (4.66%)
16.7%
Quarterly Results Snapshot (Consolidated) - Jun'26 - QoQ
QoQ Growth in quarter ended Jun 2026 is 6.85% vs 1.78% in Mar 2026
QoQ Growth in quarter ended Jun 2026 is -0.67% vs 4.29% in Mar 2026
Half Yearly Results Snapshot (Consolidated) - Sep'25
Growth in half year ended Sep 2025 is 34.67% vs 32.25% in Sep 2024
Growth in half year ended Sep 2025 is 63.60% vs 41.80% in Sep 2024
Nine Monthly Results Snapshot (Consolidated) - Dec'25
YoY Growth in nine months ended Dec 2025 is 33.60% vs 33.24% in Dec 2024
YoY Growth in nine months ended Dec 2025 is 56.15% vs 41.99% in Dec 2024
Annual Results Snapshot (Consolidated) - Mar'26
YoY Growth in year ended Mar 2026 is 31.84% vs 34.21% in Mar 2025
YoY Growth in year ended Mar 2026 is 52.18% vs 49.06% in Mar 2025