Azad Engineering Ltd
AZADAzad Engineering Ltd
AZAD
IndustrialsRenewable Energy Equipment & Services
SmallcapWith a market cap of ₹8,126 cr, stock is ranked 546
High RiskStock is 6.12x as volatile as Nifty
1,374.750.38% (-5.25)
1,374.750.38% (-5.25)
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 138.99 | 39.84 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 62.30 | 7.42 | 0.46% |
Forecast & Ratings
Detailed Forecast100%
Analysts have suggested that investors can buy this stock
from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Azad Engineering Limited is an India-based company, which is engaged in manufacturing product lines in the aerospace and defense, energy and oil and gas industries, complex and mission and life-critical components.
Peers
Compare with peersSuzlon Energy Ltd
PE Ratio
19.90
1Y Return
407.93%
Buy Reco %
100.00
Sterling and Wilson Renewable Energy Ltd
PE Ratio
-75.11
1Y Return
132.32%
Buy Reco %
100.00
Websol Energy System Ltd
PE Ratio
-120.35
1Y Return
642.72%
Buy Reco %
—
Alpex Solar Ltd
PE Ratio
331.14
1Y Return
47.66%
Buy Reco %
—
Urja Global Ltd
PE Ratio
763.98
1Y Return
181.53%
Buy Reco %
—
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Forecasts
Price
Revenue
Earnings
Price Forecast
2023
Current
₹1,374.75
Baseline
Forecast for Apr 2025
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2023
Current
₹1,374.75
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Forecast for Apr 2025
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Revenue Forecast
2023
Current
₹261.53
Baseline
Forecast for Mar 2024
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2023
Current
₹261.53
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Forecast for Mar 2024
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Earnings Per Share Forecast
2023
Current
₹8.93
Baseline
Forecast for Mar 2024
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2023
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₹8.93
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Forecast for Mar 2024
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Income
Balance Sheet
Cash Flow
Annual Normal View
Income Statement
Annual Normal View
| Financial Year | FY 2021 | FY 2022 | FY 2023 | TTM | ||||
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 125.03 | 199.27 | 261.53 | 367.12 | ||||
Raw Materials | 22.22 | 37.61 | 49.52 | 217.20 | ||||
| Power & Fuel Cost | 5.72 | 6.84 | 11.62 | |||||
| Employee Cost | 32.60 | 46.27 | 59.27 | |||||
| Selling & Administrative Expenses | 7.68 | 8.64 | 14.92 | |||||
| Operating & Other expenses | 26.35 | 32.84 | 44.07 | |||||
EBITDA | 30.46 | 67.07 | 82.13 | 149.92 | ||||
| Depreciation/Amortization | 8.87 | 13.31 | 16.58 | 19.22 | ||||
| PBIT | 21.59 | 53.76 | 65.55 | 130.70 | ||||
| Interest & Other Items | 5.35 | 13.62 | 52.38 | 52.40 | ||||
| PBT | 16.24 | 40.14 | 13.17 | 78.30 | ||||
| Taxes & Other Items | 4.74 | 10.68 | 4.69 | 19.83 | ||||
| Net Income | 11.50 | 29.46 | 8.48 | 58.47 | ||||
| EPS | 12.67 | 32.45 | 8.93 | 59.00 | ||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Comparing 3 stocks from
IndustrialsRenewable Energy Equipment & Services
Compare valuation on Screener
IndustrialsRenewable Energy Equipment & Services
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Azad Engineering Ltd | 958.32 | 39.84 | — |
| Suzlon Energy Ltd | 19.90 | 51.59 | — |
| Sterling and Wilson Renewable Energy Ltd | -75.11 | -66.24 | — |
| Websol Energy System Ltd | -120.35 | 14.91 | — |
Price Comparison
Compare AZAD with any stock or ETFCompare AZAD with any stock or ETF
AZAD
Shareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has decreased by 2.34%
Increased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has increased by 2.30%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Shareholding History
Foreign Institutions
Mutual Funds Holding Trend
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Azad Engineering Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3583% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months 0.43% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 30/75 (+28) |
Nippon India SMALL CAP FUND DIRECT PLAN GROWTH PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6803% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 214/218 (-6) |
KOTAK INFRA & ECO REFORM FUND DIRECT GROWTH OPEN Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3761% | Percentage of the fund’s portfolio invested in the stock 1.99% | Change in the portfolio weight of the stock over the last 3 months 0.80% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 22/56 (+17) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year
AZAD has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Dividends
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Articles & Videos
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Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 20.60%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant