Added to YB: 2026-05-06
Pitch date: 2026-04-29
AZAD.NS [neutral]
Azad Engineering Limited
+6.55%
current return
Author Info
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Company Info
Azad Engineering Limited manufactures and sells precision-engineered components in India and internationally.
Market Cap
INR 160.1B
Pitch Price
INR 2.2K
Price Target
N/A
Dividend
N/A
EV/EBITDA
72.36
P/E
120.54
EV/Sales
27.04
Sector
Machinery
Category
growth
Azad Engineering: Riding the Turbine and Aerospace Cycle
AZAD.NS (overview): Hyderabad-based precision forged turbine components maker w/ 1,700+ qualified parts for GE Vernova, MHI, Rolls-Royce, Safran. 92% export, 81% energy/19% aerospace. Locked-in orders: MHI $156M, GE $165M (6-8yr LTCPAs). 10x capacity expansion to 5-6L sqft by FY27-28, 8 dedicated lean factories. 33-35% EBITDA margin, 25-30% rev growth guided. Risks: capacity ramp execution, raw material cost volatility, 179-day debtor cycle, customer concentration, single-promoter dependence.
Read full article (19 min)