Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Azad Engineering Earnings Call Transcript: Key Takeaways

Azad delivered strong FY27 Q1 results, hitting guidance with 27% revenue growth. The standout is the successful delivery of India's first indigenous turbojet engine, signaling a high-margin structural shift into complex propulsion systems.

Guidance and delivery
Management target Revenue 25.0% Long-term
Highlights
Revenue growth26.8% YoY growth driven by energy and aerospace segments.
MarginsStructurally expanding; standalone EBITDA margin reached 37.6%.
Demand visibilityStrong multi-year visibility through long-cycle OEM contracts.
Management confidenceExtremely high following the successful DRDO turbojet engine delivery.

Growth

Revenue grew 26.8% YoY; EBITDA expanded 32.1% with margins rising to 37.6% due to cost indigenization.

Outlook

Management reiterated long-term annual revenue growth guidance of over 25% with sustained profitability.

Risks

Near-term risks include high working capital (200 days) and significant debt-funded capex for facility expansions.

Last quarter's promises, checked

Delivered

  • Guided 25%+ revenue growth → delivered 26.8% (= BEAT)
  • Guided 33-35% EBITDA margin → delivered 37.6% (= BEAT)
  • Inaugurate Baker Hughes facility by April 2026 → delivered April 2026 (= BEAT)

Partly delivered

  • Reduce inventory to 200 days in H1 → delivered 200 days (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: AZAD. Summary written with AI assistance from the document.

Read the document ↗

Azad Engineering Ltd: key numbers

Share price
₹3,039.70
Market cap
₹19,631 Cr
Revenue (annual)
₹603.0 Cr
Net profit (annual)
₹132.9 Cr
P/E (TTM)
141.2×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.

More from Azad Engineering Ltd

All →
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.