Azad Engineering Ltd
Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries.[1]
- Market Cap ₹ 8,127 Cr.
- Current Price ₹ 1,375
- High / Low ₹ 1,465 / 642
- Stock P/E 955
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 5.25 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 14.0% over last 3 years.
- Company has high debtors of 172 days.
* 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
Sector: Engineering Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 122 | 121 | 194 | 252 | |
| 81 | 92 | 132 | 179 | |
| Operating Profit | 41 | 29 | 62 | 72 |
| OPM % | 34% | 24% | 32% | 29% |
| 1 | 4 | 3 | 10 | |
| Interest | 6 | 5 | 14 | 52 |
| Depreciation | 7 | 9 | 13 | 17 |
| Profit before tax | 30 | 19 | 39 | 13 |
| Tax % | 29% | 29% | 28% | 36% |
| 21 | 14 | 28 | 9 | |
| EPS in Rs | 139.44 | 89.28 | 185.04 | 51.52 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -26% |
| TTM: | -70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 |
| Reserves | 85 | 91 | 118 | 202 |
| Preference Capital | 4 | 4 | 0 | 0 |
| 58 | 83 | 197 | 300 | |
| 53 | 81 | 87 | 85 | |
| Total Liabilities | 198 | 257 | 404 | 589 |
| 101 | 114 | 137 | 210 | |
| CWIP | 0 | 0 | 24 | 38 |
| Investments | 7 | 6 | 6 | 6 |
| 90 | 136 | 237 | 335 | |
| Total Assets | 198 | 257 | 404 | 589 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 37 | 34 | 21 | -10 | |
| -28 | -29 | -114 | -101 | |
| -7 | 7 | 96 | 126 | |
| Net Cash Flow | 1 | 12 | 3 | 15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 122 | 159 | 140 | 172 |
| Inventory Days | 489 | 910 | 1,009 | 1,042 |
| Days Payable | 851 | 977 | 748 | 575 |
| Cash Conversion Cycle | -240 | 92 | 401 | 639 |
| Working Capital Days | 60 | 133 | 144 | 236 |
| ROCE % | 15% | 21% | 16% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 8h
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9h
- Foundation Stone Was Laid By The Global President & CEO Of GE VERNOVA Steam Power. 24 Apr
- Submission Of Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024. 20 Apr
- Submission Of Compliance Certificate For Financial Year Ended On 31St March, 2024. 16 Apr
Concalls
-
Feb 2024Transcript PPT
Product Profile[1] Company manufactures highly engineered, complex, mission and life-critical high precision forged and machined components like 3D rotating airfoil and blade portions of turbine engines and other critical components for gas, nuclear, and thermal turbines.