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Azad Engineering Ltd

NSE: AZAD · BSE: 544061 · General Industrials · 21 announcements

Share price
₹3,062.60
Market cap
₹19,779 Cr
Revenue (annual)
₹603.0 Cr
Net profit (annual)
₹132.9 Cr
P/E (TTM)
142.3×Sector 53.9×
Promoter holding
55.84%+0.00% QoQ
FII holding
13.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

22:04 IST BSE
Other Announcement

Azad Engineering Other Announcement

Azad Engineering is sending letters to shareholders lacking registered email IDs, providing a weblink to access the 43rd AGM notice and FY 2025-26 Annual Report.

21:49 IST BSE
Annual Report

Azad Engineering Annual Report

Azad Engineering Limited has released its Annual Report for the financial year 2025-26, including the notice for the upcoming 43rd Annual General Meeting.

21:20 IST NSE
Annual General Meeting

Azad Engineering Annual General Meeting

Azad Engineering Limited has issued a notice for its 43rd Annual General Meeting scheduled for September 29, 2026, to be held via video conferencing.

16:05 IST NSE
Other Announcement

Azad Engineering Other Announcement

Azad Engineering submitted its monitoring agency report detailing the utilization of QIP proceeds for the quarter ended June 30, 2026. Funds remain within specified objects.

17:19 IST NSE
Board Meeting Date

Azad Engineering Board Meeting Date

Azad Engineering Limited will hold a board meeting on August 7, 2026, to consider its unaudited standalone and consolidated financial results for the quarter.

15:53 IST NSE
Business Update

Azad Engineering Business Update

Azad Engineering has delivered its first expendable indigenous turbo jet engine to the DRDO. This milestone highlights the company's capabilities in precision manufacturing for the defence sector.

16:58 IST BSE
Other Announcement

Azad Engineering Other Announcement

Azad Engineering Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report details the company's adherence to SEBI regulations.

18:06 IST BSE
Fund Raise

Azad Engineering Fund Raise of ₹700 Cr

Azad Engineering Limited reported utilization of its ₹700.00 Crore QIP proceeds. While ₹540.27 Crore is deployed, timeline for remaining funds is extended to March 2027.

Value
₹700.0 Cr
19:34 IST BSE
Employee Stock Options

Azad Engineering Employee Stock Options

Azad Engineering granted 80,000 ESOPs at an exercise price of ₹1,050 each. The ₹8.4 Crore grant aims to incentivize employees with a one-year vesting period.

Value
₹8.40 Cr
Execution
Vesting starts after 1 year
18:57 IST NSE
Management Change

Azad Engineering Management Change

Azad Engineering re-appointed Rakesh Chopdar as CEO and Chairperson for a five-year term. Jyoti Chopdar and Vishnu Malpani were also re-appointed as Executive Directors.

Execution
60 months
18:55 IST NSE
Board Meeting Outcome

Azad Engineering Board Meeting Outcome

Azad Engineering approved the five-year re-appointment of its Executive Chairman and two Whole-Time Directors. These leadership extensions ensure management continuity for investors.

Execution
5 years
11:33 IST BSE
Board Meeting Date

Azad Engineering Board Meeting Date

Azad Engineering scheduled a board meeting on May 15, 2026, to approve audited financial results. The trading window remains closed until May 17, 2026.

11:02 IST BSE
Other Announcement

Azad Engineering Other Announcement

Nomura India Investment Fund Mother Fund and associated entities reduced their stake in Azad Engineering Limited from 5.13% to 3.08%. The sale of 1,321,713 shares was executed via secondary market transactions on April 27, 2026. This divestment represents a significant 2.05% reduction in the institutional holding of the company.

17:06 IST NSE
New Order Win

Azad Engineering Announces New Order Win

Azad Engineering Limited signed an amendment to its Strategic Supply Agreement with Nuovo Pignone S.r.l. (Baker Hughes). The contract, expiring in 2030, involves supplying critical turbomachinery components for power generation. While financial terms remain confidential, the agreement addresses increased demand and strengthens the company's position in the global energy equipment supply chain.

Execution
Expiring in CY 2030
14:27 IST BSE
Capacity Expansion

Azad Engineering Capacity Expansion

Azad Engineering inaugurated a 7,600 sq. m. dedicated lean manufacturing facility for Baker Hughes in Hyderabad. The state-of-the-art facility, part of its Centre of Excellence, employs ~230 professionals. This milestone strengthens a strategic eight-year collaboration for critical turbine components, positioning Azad as an integral part of Baker Hughes' global supply chain.