Azad Engineering Key Ratios
NSE: AZAD | BSE: 544061
₹2,850.50
As on 28-Aug-2026IST
Market cap
₹18,438 Cr
Revenue (TTM)
₹638 Cr
P/E Ratio
132.7
P/B Ratio
11.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.85 | 25.90 | 28.72 | 32.98 | -- |
| EBIT | 2.75 | 17.02 | 24.49 | 39.12 | -- |
| Net Profit | -0.67 | 20.28 | 39.10 | 43.22 | -- |
| EPS | -0.67 | 20.28 | 33.55 | 27.72 | -- |
| Book Value | -- | -- | 97.79 | 101.35 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 26.38 | -- | 28.05 | 28.82 | 28.19 |
| Net Margin
| 12.48 | -- | 20.51 | 18.49 | 15.72 |
| Return on equity
| 9.17 | -- | 9.24 | 8.49 | 13.80 |
| Return on Capital
| 16.60 | -- | -- | 12.28 | 21.58 |
| Return on Assets
| 5.47 | -- | 6.86 | 6.43 | 8.29 |
| Debt to Equity (x)
| -- | -- | 0.18 | 0.17 | 0.06 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
12.28
|
21.58
|
15.95
|
21.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
9.24
Higher than Peers by 0.44
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
9.24
|
8.49
|
13.80
|
5.23
|
27.93
|
|
Peer Median
|
8.80
|
--
|
--
|
--
|
--
|
ROA
6.86
Lower than Peers by 0.85
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
6.86
|
6.43
|
8.29
|
1.68
|
8.86
|
|
Peer Median
|
7.71
|
--
|
--
|
--
|
--
|
EBIT Margin
28.05
Lower than Peers by 0.55
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
28.05
|
28.82
|
28.19
|
22.13
|
25.17
|
|
Peer Median
|
28.61
|
--
|
--
|
--
|
--
|
Net Margin
20.51
Lower than Peers by 0.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
20.51
|
18.49
|
15.72
|
3.24
|
14.78
|
|
Peer Median
|
20.53
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
25.37
|
23.22
|
9.96
|
21.99
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
28.72
Lower than Peers by 0.20
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
28.72
|
34.21
|
35.40
|
29.42
|
58.46
|
|
Peer Median
|
28.92
|
--
|
--
|
--
|
--
|
EBIT Growth
24.49
Lower than Peers by 1.88
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
24.49
|
37.23
|
72.47
|
13.77
|
153.90
|
|
Peer Median
|
26.37
|
--
|
--
|
--
|
--
|
Net Profit Growth
39.10
Lower than Peers by 8.91
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
39.10
|
47.72
|
591.37
|
-71.24
|
156.15
|
|
Peer Median
|
48.02
|
--
|
--
|
--
|
--
|
EPS Growth
33.55
Lower than Peers by 4.22
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
33.55
|
36.44
|
479.64
|
-73.66
|
156.15
|
|
Peer Median
|
37.77
|
--
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
116.07
|
216.23
|
69.98
|
32.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.18
Higher than Peers by 0.06
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
0.18
|
0.17
|
0.06
|
1.47
|
1.64
|
|
Peer Median
|
0.13
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
0.04
|
0.00
|
0.27
|
0.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.27
Lower than Peers by 1.38
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
3.27
|
4.91
|
3.87
|
1.84
|
1.13
|
|
Peer Median
|
4.65
|
--
|
--
|
--
|
--
|
Quick Ratio
2.18
Lower than Peers by 1.73
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
2.18
|
4.14
|
2.69
|
1.31
|
0.75
|
|
Peer Median
|
3.91
|
--
|
--
|
--
|
--
|
Interest Coverage
6.23
Lower than Peers by 1.60
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
6.23
|
7.74
|
2.71
|
1.25
|
3.95
|
|
Peer Median
|
7.83
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
48.81
Lower than Peers by 0.08
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
48.81
|
48.86
|
49.87
|
47.15
|
38.38
|
|
Peer Median
|
48.89
|
--
|
--
|
--
|
--
|
Asset Turnover
0.31
Lower than Peers by 0.04
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
0.31
|
0.34
|
0.48
|
0.50
|
0.59
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
156.99
|
154.57
|
140.17
|
119.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
128.59
|
117.30
|
104.01
|
86.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
372.76
|
394.39
|
557.14
|
701.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
-87.17
|
-122.52
|
-312.96
|
-496.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
132.67
Higher than Peers by 2.36
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
132.67
|
100.63
|
137.71
|
--
|
--
|
|
Peer Median
|
130.31
|
--
|
--
|
--
|
--
|
Price / Book Value
11.79
Higher than Peers by 0.21
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
11.79
|
6.30
|
12.51
|
--
|
--
|
|
Peer Median
|
11.58
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
66.59
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
66.59
|
48.48
|
54.15
|
3.04
|
2.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
18,438
Higher than Peers by 327
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Azad Engineering
|
18,438
|
8,786
|
8,067
|
--
|
--
|
|
Peer Median
|
18,111
|
--
|
--
|
--
|
--
|