Azad Engineering Ltd

Azad Engineering Ltd

₹ 1,273 -1.47%
09 May - close price
About

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]

Key Points

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.

  • Market Cap 7,524 Cr.
  • Current Price 1,273
  • High / Low 1,465 / 642
  • Stock P/E 888
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 16.0 %
  • ROE 5.23 %
  • Face Value 2.00

Pros

Cons

  • Company has low interest coverage ratio.
  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Sep 2023 Dec 2023
60 83 89
42 57 56
Operating Profit 17 26 33
OPM % 29% 32% 37%
3 11 18
Interest 13 12 19
Depreciation 4 5 5
Profit before tax 3 20 27
Tax % -31% 3% 37%
4 19 17
EPS in Rs 23.31 3.92 2.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
123 194 252
95 132 179
Operating Profit 28 62 72
OPM % 23% 32% 29%
2 5 10
Interest 5 14 52
Depreciation 9 13 17
Profit before tax 16 40 13
Tax % 29% 27% 36%
12 29 8
EPS in Rs 76.00 194.69 51.28
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 29%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -71%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 2 2 10
Reserves 89 118 202 221
Preference Capital 4 0 0
84 197 301 327
81 87 85 79
Total Liabilities 256 404 589 637
121 144 217 218
CWIP 0 24 38 44
Investments 0 0 0 0
135 236 335 374
Total Assets 256 404 589 637

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
5 21 -10
-35 -114 -101
24 96 126
Net Cash Flow -6 3 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 156 140 172
Inventory Days 906 1,009 1,042
Days Payable 986 748 576
Cash Conversion Cycle 77 401 638
Working Capital Days 126 144 236
ROCE % 22% 16%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
65.90% 65.90%
4.68% 6.98%
5.71% 5.00%
23.70% 22.13%
No. of Shareholders 1,35,0901,06,231

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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