Azad India Mobility Ltd
Incorporated in 1960, Azad India Mobility Ltd is in the business of manufacturing of steel bars[1]
- Market Cap ₹ 488 Cr.
- Current Price ₹ 89.6
- High / Low ₹ 177 / 73.0
- Stock P/E 158
- Book Value ₹ 24.6
- Dividend Yield 0.00 %
- ROCE 3.20 %
- ROE 2.46 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 3.64 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 15.5%
- Company has a low return on equity of 0.59% over last 3 years.
- Earnings include an other income of Rs.1.45 Cr.
- Company has high debtors of 161 days.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 0.00 | 9.03 | 64.94 | 73.70 | |
| 1.29 | 10.10 | 62.83 | 71.08 | |
| Operating Profit | -1.29 | -1.07 | 2.11 | 2.62 |
| OPM % | -11.85% | 3.25% | 3.55% | |
| 0.08 | 1.03 | 1.24 | 1.45 | |
| Interest | 0.00 | 0.03 | 0.01 | 0.02 |
| Depreciation | 0.00 | 0.11 | 0.19 | 0.19 |
| Profit before tax | -1.21 | -0.18 | 3.15 | 3.86 |
| Tax % | 0.00% | -111.11% | 24.76% | |
| -1.21 | 0.03 | 2.37 | 3.08 | |
| EPS in Rs | -0.50 | 0.01 | 0.44 | 0.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 341% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1953% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 70% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 24.13 | 35.18 | 57.94 |
| Reserves | 18.74 | 23.99 | 75.93 |
| 0.00 | 2.64 | 0.65 | |
| 0.06 | 5.00 | 16.72 | |
| Total Liabilities | 42.93 | 66.81 | 151.24 |
| 0.00 | 0.65 | 7.81 | |
| CWIP | 0.00 | 6.09 | 0.00 |
| Investments | 0.00 | 0.00 | 15.39 |
| 42.93 | 60.07 | 128.04 | |
| Total Assets | 42.93 | 66.81 | 151.24 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -1.24 | -51.04 | -41.67 | |
| 0.00 | 0.89 | -10.30 | |
| 44.00 | 10.70 | 66.85 | |
| Net Cash Flow | 42.76 | -39.45 | 14.88 |
| Free Cash Flow | -1.24 | -51.04 | -42.89 |
| CFO/OP | 96% | 4,770% | -1,947% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 80.03 | 161.20 | |
| Inventory Days | 786.46 | 116.55 | |
| Days Payable | 75.71 | 101.76 | |
| Cash Conversion Cycle | 790.78 | 175.98 | |
| Working Capital Days | 2,062.67 | 523.95 | |
| ROCE % | -0.28% | 3.20% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Wholly Owned Subsidiaries (EV Manufacturing Subsidiaries) count |
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| Capital Work-in-Progress (EV Bus Plant Build-out) INR Lakhs |
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| Raw Material Inventory (Stockpile for EV Bus Production) INR Lakhs |
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| Permanent Employees on Rolls count ・Standalone data |
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| Value of Imports on CIF Basis (Imported EV Components) INR Lakhs |
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| Work-in-Progress Inventory (EV Buses Under Production) INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Reg. 34 (1) Annual Report.
- Azad India Mobility filed FY2025-26 annual report and AGM notice, including ₹200 crore related party transaction approval.
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Notice Of Annual General Meeting
- 65th AGM on 28 Sep 2026 to approve accounts, ₹200 crore RPTs, remuneration waivers and 5:1 split.
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Board Meeting Outcome for Outcome Of Board Meeting
- Board reappointed R Bhargava & Associates for 5 years and approved AGM notice on 2 September 2026.
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Board Meeting Outcome for Outcome Of Board Meeting
- Board approved FY26 report, fixed 28 Sep 2026 AGM, book closure, cut-off date, and internal auditor reappointment.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Q1 FY2027 income rose 118% to ₹16.77 crore; FY2026 income was ₹64.94 crore.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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.