Azad Engineering Ltd
Azad Engineering Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹137Cr
- +39.8% YoY
- Net profit
- ₹29Cr
- +70.6% YoY
- Margin
- 36%
- +2 pp YoY
Guidance rank: #26 of 58 in Electrical Equipment
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The short version
Azad Engineering expects revenue growth of 25% to 30% in FY '26, driven by all key segments including aerospace, energy, and oil & gas. Azad Engineering anticipates strong future growth across all business segments: energy, aerospace & defense, and oil & gas.
From Azad Engineering Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Azad Engineering expects revenue growth of 25% to 30% in FY '26, driven by all key segments including aerospace, energy, and oil & gas.
- The company anticipates each business vertical to deliver one of its best performances ever, potentially leading to record annual results.
- Growth is supported by a strong order book of approximately INR 6,000 crores, with firm contracts spanning 4-5 years.
- Capacity expansions with new manufacturing facilities coming online in FY '26 will enable scaling up production and revenue.
- Post stabilization of new facilities, growth is expected to accelerate beyond the 25-30% guidance, potentially reaching 35-40%.
2 more points from Azad Engineering Ltd's call on revenue
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Profitability & Margins
See what Azad Engineering Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Azad Engineering is deploying approximately INR 250-300 crores towards creating capacity, including plant, machinery, and strategic assets like forging hammers.
- Total planned capex for the year is around INR 450 crores.
- This capex supports a revenue potential of about INR 550 crores incremental revenue, with an asset turn of roughly 1.8x.
- The capacity addition is aimed at stabilizing and scaling up manufacturing facilities in the next 12 months.
- The current capex year (FY) is expected to be the peak year, with capex dropping meaningfully next year.
2 more points from Azad Engineering Ltd's call on capex
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Top-ranked in Electrical Equipment
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Azad Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book is approximately INR 6,000 crores.
- The company has contracts signed and commitments for the next 4 to 5 years.
- Order book growth drivers include nuclear power projects, domestic defense, aerospace, and oil & gas sectors.
- The company is focused on executing large existing orders while simultaneously setting up new manufacturing facilities to meet demand.
- Discussions are ongoing for additional opportunities to further expand the order book in the next 12 to 18 months.
2 more points from Azad Engineering Ltd's call on order book
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Azad Engineering Ltd — Quarterly revenue & net profit
Azad Engineering Ltd Q1 FY26 results — key figures
| ₹ Cr | Q1 FY26 | Q1 FY25 | YoY | Q4 FY25 | QoQ |
|---|---|---|---|---|---|
| Revenue | 137 | 98 | +39.8% | 127 | +7.9% |
| Operating profit (EBITDA) | 49 | 33 | +48.5% | 46 | +6.5% |
| Operating margin | 36% | 34% | +2 pp | 36% | 0 pp |
| Profit before tax | 42 | 24 | +75% | 36 | +16.7% |
| Net profit (PAT) | 29 | 17 | +70.6% | 25 | +16% |
| EPS (₹) | 4.60 | 2.90 | +58.6% | 3.91 | +17.6% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹191 Cr, net profit ₹31 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Azad Engineering's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Azad Engineering Ltd Q1 FY26 results?
Azad Engineering expects revenue growth of 25% to 30% in FY '26, driven by all key segments including aerospace, energy, and oil & gas. Azad Engineering anticipates strong future growth across all business segments: energy, aerospace & defense, and oil & gas.
What is Azad Engineering Ltd share price analysis?
Azad Engineering Ltd currently shows a neutral. The stock trades at a P/E of 118.9 with a market cap of ₹15,802 Cr. Investors should review the full earnings analysis for detailed insights.
Is Azad Engineering Ltd planning capital expenditure?
Azad Engineering is deploying approximately INR 250-300 crores towards creating capacity, including plant, machinery, and strategic assets like forging hammers.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.