Market Cap ₹7584 Cr.
Stock P/E 447.2
P/B 6.7
Current Price ₹1283
Book Value ₹ 190.7
Face Value 2
52W High ₹1465
Dividend Yield 0%
52W Low ₹ 642
Azad Engineering Limited is an India based leading manufacturer of complex and high precision forged and machined components for aerospace, defence, energy and oil and gas industries. The company was established in 2008 and has over 15 years of experience as a tier I supplier of critical products for global original equipment manufacturers (OEMs). Company's vision is to be a technology-driven and innovative company with state of the art manufacturing facilities producing high-quality products meeting global standards. Azad Engineering has in-house capabilities and proficiency in engineering, design, tooling, material development, testing, special processes and logistics. Their operations are spread across more than 16 countries and has sales in India, USA, Europe, Japan and South Korea.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2022 | Dec 2023 |
|---|---|---|
| Net Sales | 60 | 89 |
| Other Income | 3 | 18 |
| Total Income | 62 | 108 |
| Total Expenditure | 42 | 56 |
| Operating Profit | 20 | 51 |
| Interest | 13 | 19 |
| Depreciation | 4 | 5 |
| Exceptional Income / Expenses | 0 | 0 |
| Profit Before Tax | 3 | 27 |
| Provision for Tax | -1 | 10 |
| Profit After Tax | 4 | 17 |
| Adjustments | 0 | 0 |
| Profit After Adjustments | 4 | 17 |
| Adjusted Earnings Per Share | 0 | 2.8 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|
| Net Sales | 123 | 194 | 252 | 149 |
| Other Income | 2 | 5 | 10 | 21 |
| Total Income | 125 | 199 | 262 | 170 |
| Total Expenditure | 95 | 132 | 179 | 98 |
| Operating Profit | 30 | 67 | 82 | 71 |
| Interest | 5 | 14 | 52 | 32 |
| Depreciation | 9 | 13 | 17 | 9 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 |
| Profit Before Tax | 16 | 40 | 13 | 30 |
| Provision for Tax | 5 | 11 | 5 | 9 |
| Profit After Tax | 12 | 29 | 8 | 21 |
| Adjustments | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 12 | 29 | 8 | 21 |
| Adjusted Earnings Per Share | 2.5 | 6.5 | 1.7 | 2.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 30% | 0% | 0% | 0% |
| Operating Profit CAGR | 22% | 0% | 0% | 0% |
| PAT CAGR | -72% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 5% | 15% | 15% | 15% |
| ROCE Average | 16% | 17% | 17% | 17% |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Shareholder's Funds | 91 | 120 | 204 |
| Minority's Interest | 0 | 0 | 0 |
| Borrowings | 41 | 123 | 221 |
| Other Non-Current Liabilities | 11 | 14 | 16 |
| Total Current Liabilities | 113 | 152 | 161 |
| Total Liabilities | 256 | 408 | 602 |
| Fixed Assets | 121 | 144 | 217 |
| Other Non-Current Assets | 9 | 92 | 89 |
| Total Current Assets | 126 | 172 | 296 |
| Total Assets | 256 | 408 | 602 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Opening Cash & Cash Equivalents | 8 | 2 | 4 |
| Cash Flow from Operating Activities | 5 | 21 | -10 |
| Cash Flow from Investing Activities | -35 | -114 | -101 |
| Cash Flow from Financing Activities | 24 | 96 | 126 |
| Net Cash Inflow / Outflow | -6 | 3 | 15 |
| Closing Cash & Cash Equivalent | 2 | 4 | 19 |
| # | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Earnings Per Share (Rs) | 2.53 | 6.49 | 1.71 |
| CEPS(Rs) | 4.49 | 9.42 | 5.06 |
| DPS(Rs) | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 20.02 | 26.44 | 41.16 |
| Core EBITDA Margin(%) | 22.94 | 32.02 | 28.72 |
| EBIT Margin(%) | 17.59 | 27.64 | 26.04 |
| Pre Tax Margin(%) | 13.23 | 20.64 | 5.23 |
| PAT Margin (%) | 9.37 | 15.15 | 3.37 |
| Cash Profit Margin (%) | 16.6 | 21.99 | 9.96 |
| ROA(%) | 4.49 | 8.86 | 1.68 |
| ROE(%) | 12.65 | 27.93 | 5.23 |
| ROCE(%) | 12.09 | 21.68 | 15.95 |
| Receivable days | 156.37 | 119.38 | 140.17 |
| Inventory Days | 101.98 | 86.02 | 104.01 |
| Payable days | 986.05 | 701.89 | 545.24 |
| PER(x) | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.59 | 0.93 | 0.99 |
| EV/Core EBITDA(x) | 2.36 | 2.7 | 3.04 |
| Net Sales Growth(%) | 0 | 58.46 | 29.42 |
| EBIT Growth(%) | 0 | 148.96 | 21.94 |
| PAT Growth(%) | 0 | 156.15 | -71.24 |
| EPS Growth(%) | 0 | 156.15 | -73.66 |
| Debt/Equity(x) | 0.97 | 1.64 | 1.47 |
| Current Ratio(x) | 1.12 | 1.13 | 1.84 |
| Quick Ratio(x) | 0.82 | 0.75 | 1.31 |
| Interest Cover(x) | 4.03 | 3.95 | 1.25 |
| Total Debt/Mcap(x) | 0 | 0 | 0 |
| # | Dec 2023 | Mar 2024 |
|---|---|---|
| Promoter | 65.9 | 65.9 |
| FII | 4.68 | 6.98 |
| DII | 5.71 | 5 |
| Public | 23.71 | 22.12 |
| Others | 0 | 0 |
| Total | 100 | 100 |
| # | Dec 2023 | Mar 2024 |
|---|---|---|
| Promoter | 3.9 | 3.9 |
| FII | 0.28 | 0.41 |
| DII | 0.34 | 0.3 |
| Public | 1.4 | 1.31 |
| Others | 0 | 0 |
| Total | 5.91 | 5.91 |
Pros
Cons
* 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.
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
