Azad India Mobility Ltd
Incorporated in 1960, Azad India Mobility Ltd is in the business of manufacturing of steel bars[1]
- Market Cap ₹ 558 Cr.
- Current Price ₹ 103
- High / Low ₹ 177 / 90.0
- Stock P/E 508
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE -0.19 %
- ROE 0.14 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.35 times its book value
- Promoter holding is low: 15.5%
- Company has a low return on equity of -1.80% over last 3 years.
- Earnings include an other income of Rs.0.97 Cr.
- Promoter holding has decreased over last 3 years: -20.0%
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.03 | 65.21 | |
| 0.12 | 0.21 | 0.22 | 0.20 | 0.18 | 0.22 | 0.17 | 0.13 | 0.20 | 0.11 | 1.29 | 10.10 | 64.91 | |
| Operating Profit | -0.12 | -0.21 | -0.22 | -0.20 | -0.18 | -0.22 | -0.17 | -0.13 | -0.20 | -0.11 | -1.29 | -1.07 | 0.30 |
| OPM % | -11.85% | 0.46% | |||||||||||
| 0.12 | 0.13 | 0.10 | 0.06 | 0.08 | 0.06 | 0.06 | 0.05 | 0.02 | 0.02 | 0.08 | 1.03 | 0.97 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.15 |
| Profit before tax | 0.00 | -0.08 | -0.12 | -0.14 | -0.10 | -0.16 | -0.11 | -0.08 | -0.18 | -0.09 | -1.21 | -0.13 | 1.09 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -153.85% | ||
| 0.01 | -0.08 | -0.12 | -0.14 | -0.11 | -0.16 | -0.11 | -0.08 | -0.18 | -0.09 | -1.21 | 0.07 | 1.10 | |
| EPS in Rs | 0.10 | -0.80 | -1.20 | -1.40 | -1.10 | -1.60 | -1.10 | -0.80 | -1.80 | -0.90 | -0.50 | 0.02 | 0.22 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 21% |
| 3 Years: | 34% |
| TTM: | 479% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 70% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 24.13 | 35.18 | 54.44 |
| Reserves | 0.14 | 0.07 | -0.05 | -0.20 | -0.30 | -0.46 | -0.57 | -0.65 | -0.83 | -0.92 | 18.74 | 24.02 | 73.91 |
| 0.25 | 0.08 | 0.12 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 | 2.00 | 0.01 | |
| 0.01 | 0.01 | 0.00 | 0.02 | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.01 | 0.06 | 4.11 | 6.74 | |
| Total Liabilities | 1.40 | 1.16 | 1.07 | 0.90 | 0.78 | 0.63 | 0.52 | 0.43 | 0.27 | 0.17 | 42.93 | 65.31 | 135.10 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.57 | 7.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.66 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.60 | 3.50 |
| 1.40 | 1.16 | 1.07 | 0.90 | 0.78 | 0.63 | 0.52 | 0.43 | 0.27 | 0.17 | 42.93 | 59.48 | 124.60 | |
| Total Assets | 1.40 | 1.16 | 1.07 | 0.90 | 0.78 | 0.63 | 0.52 | 0.43 | 0.27 | 0.17 | 42.93 | 65.31 | 135.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.12 | -0.24 | -0.04 | -0.20 | 0.64 | -0.22 | -0.13 | -0.14 | -0.18 | -0.10 | -1.22 | 3.33 | |
| 0.12 | 0.13 | 0.10 | 0.06 | -0.65 | 0.21 | 0.13 | 0.14 | 0.44 | 0.01 | 0.00 | 0.89 | |
| 0.10 | 0.10 | 0.04 | -0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.78 | |
| Net Cash Flow | 0.10 | 0.00 | 0.09 | -0.18 | -0.01 | 0.00 | 0.01 | 0.00 | 0.25 | -0.10 | -1.22 | 3.44 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80.03 | |||||||||||
| Inventory Days | 772.01 | |||||||||||
| Days Payable | 75.71 | |||||||||||
| Cash Conversion Cycle | 776.33 | |||||||||||
| Working Capital Days | 2,040.44 | |||||||||||
| ROCE % | 0.00% | -6.30% | -10.81% | -14.36% | -12.05% | -22.86% | -19.47% | -17.02% | -52.94% | -43.90% | -6.00% | -0.19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Newspaper Publication of Un-Audited Standalone and Consolidated Financial Results for the quarter and nine-months ended on December 31, 2025.
- Un-Audited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Nine Months Ended On December 31, 2025. 6 Feb
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Board Meeting Outcome for Un-Audited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Nine Months Ended On December 31, 2025.
6 Feb - Board approved Q3/9M FY26 results: revenue Rs2,914.14L, net profit Rs65.81L; approved Feb 6, 2026.
-
Board Meeting Intimation for Meeting Held On Friday, February 06, 2026.
28 Jan - Azad India Mobility to approve unaudited results for quarter ended Dec 31, 2025 on Feb 06, 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jan - Revised SEBI Reg 74(5) dematerialisation certificate for quarter ended 31 Dec 2025, submitted 16 Jan 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
On April 30th, 2024, the company approved a change in its business objective, adopting a new focus on manufacturing, assembling, and trading various electric vehicles, including electric buses, cars, rickshaws, carts, vans, cycles, scooters, and other battery-powered vehicles.