Azad India

Why is Azad India Mobility Ltd falling/rising?

As of 01-Sep, Azad India Mobility Ltd's stock price is at 89.78, down 0.92%. The stock has significantly underperformed with a year-to-date decline of 33.55%, poor management efficiency, and is trading below key moving averages, indicating a bearish trend.

As of 01-Sep, Azad India Mobility Ltd's stock price is currently at 89.78, reflecting a decrease of 0.83, or 0.92%. The stock has shown a trend of underperformance, particularly in the short term, as evidenced by its 1-week decline of 1.22% and a 1-month decline of 4.57%. Year-to-date, the stock has fallen significantly by 33.55%, which is notably worse than the benchmark Sensex, which has only declined by 9.71% during the same period.<BR><BR>Despite a recent trend reversal where the stock has gained after two consecutive days of decline, it is still trading below all key moving averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation with a 28.36% increase in delivery volume, the overall performance today has underperformed the sector by 0.69%.<BR><BR>The company's financial metrics present a mixed picture. On one hand, it has demonstrated healthy long-term growth with net sales increasing at an annual rate of 619.20% and a positive operating profit growth of 272.57%. However, the company suffers from poor management efficiency, reflected in a low return on equity (ROE) of 0.89%, which signifies low profitability relative to shareholders' funds. Furthermore, the stock is considered expensive with a price-to-book value of 3.7, and it has significantly underperformed the market over the past year, generating a return of -30.94% compared to the market's positive return of 2.32%.<BR><BR>In summary, the combination of recent price declines, poor management efficiency, and significant underperformance relative to the market are key factors contributing to the falling stock price of Azad India Mobility Ltd.

Who are in the management team of Azad India?

The management team of Azad India consists of Avinash Jajodia, Minoo Deora, Siddhartha Doshi (all Directors), Vipul Desai (Independent Director), and Vedant Bhatt (Company Secretary & Compliance Officer).

The management team of Azad India includes the following individuals:<BR><BR>1. Avinash Jajodia - Director<BR>2. Minoo Deora - Director<BR>3. Vipul Desai - Independent Director<BR>4. Siddhartha Doshi - Director<BR>5. Vedant Bhatt - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its management, feel free to ask!

What does Azad India do?

Azad India Mobility Ltd, formerly Indian Bright Steel Company Limited, manufactures steel bars and operates in the Iron & Steel Products industry. As of June 2026, it reported net sales of 16 Cr and a net profit of 1 Cr, with a market cap of INR 491 Cr.

Overview: <BR>Azad India Mobility Ltd is engaged in the manufacturing of steel bars and operates within the Iron & Steel Products industry, categorized as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated on 25th August 1960 and was formerly known as Indian Bright Steel Company Limited. It changed its name to Azad India Mobility Limited in May 2024. The latest quarterly results reported net sales and profit for the period ending June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 16 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 491 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 159.00 <BR>Industry P/E: 63 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 1.77% <BR>Price to Book: 3.80 <BR><BR>Contact Details: <BR>Address: Aurum Platz C S No 406 D Ward, Pandita Ramabai Marg Mumbai Maharashtra : 400007 <BR>Website: http://www.indianbrightsteel.com

Who are the peers of the Azad India?

The peers of Azad India include Beekay Steel Ind, Scoda Tubes, Rama Steel Tubes, Aerpace Indus, Panchmahal Steel, Suraj, Manaksia, Shah Metacorp, and Bedmutha Indus. Azad India has excellent growth and capital structure, with a 1-year return of -32.30%, better than Rama Steel Tubes but worse than Aerpace Indus, which has the highest return at 73.77%.

Peers: The peers of Azad India are Beekay Steel Ind, Scoda Tubes, Rama Steel Tubes, Aerpace Indus, Panchmahal Steel, Suraj, Manaksia, Shah Metacorp, and Bedmutha Indus.<BR><BR>Quality Snapshot: Excellent management risk is observed at Scoda Tubes and Manaksia, while Average management risk is found at Beekay Steel Ind, Panchmahal Steel, and Suraj, and the rest. Below Average management risk is noted at Rama Steel Tubes, Aerpace Indus, Shah Metacorp, Bedmutha Indus, and the rest. Growth is Excellent at Azad India, Good at Scoda Tubes and Bedmutha Indus, Below Average at Beekay Steel Ind, Rama Steel Tubes, Aerpace Indus, Panchmahal Steel, Suraj, and the rest, while Average growth is seen at Shah Metacorp. Capital Structure is Excellent at Manaksia, Good at Azad India and Beekay Steel Ind, Average at Scoda Tubes and Panchmahal Steel, and Below Average at Rama Steel Tubes, Aerpace Indus, Suraj, Shah Metacorp, and Bedmutha Indus.<BR><BR>Return Snapshot: Aerpace Indus has the highest 1-year return at 73.77%, while Rama Steel Tubes has the lowest at -56.41%. Azad India's own 1-year return is -32.30%, which is better than Rama Steel Tubes but worse than Aerpace Indus. Additionally, the six-month return is negative for Beekay Steel Ind, Scoda Tubes, Rama Steel Tubes, Panchmahal Steel, Suraj, Shah Metacorp, and Bedmutha Indus.

How big is Azad India?

As of 31st August, Azad India Mobility Ltd has a market capitalization of 491.00 Cr, with Net Sales of 73.70 Cr and a Net Profit of 3.08 Cr reported in the latest four quarters. Shareholder's Funds are 59.17 Cr and Total Assets amount to 66.60 Cr as of March 2025.

As of 31st August, Azad India Mobility Ltd has a market capitalization of 491.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 73.70 Cr and a Net Profit of 3.08 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 59.17 Cr and Total Assets of 66.60 Cr.

Which are the latest news on Azad India?

Should I buy, sell or hold Azad India Mobility Ltd?

Are Azad India Mobility Ltd latest results good or bad?

Azad India Mobility Ltd's latest results show a significant net profit increase of 683.33% year-on-year, reaching ₹1.41 crore, which is positive. However, a 69.46% decline in net sales raises concerns about revenue stability, making the overall outlook mixed.

Azad India Mobility Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q4 FY26, achieving ₹1.41 crore, which marks a remarkable year-on-year growth of 683.33%. This is a positive indicator of profitability.<BR><BR>However, the company's net sales for the same quarter were ₹8.76 crore, reflecting a sharp decline of 69.46% compared to the previous quarter. This substantial drop raises concerns about revenue stability and operational sustainability. Additionally, while the operating margin reached a record high of 21.92%, the return on equity remains extremely low at just 0.21%, indicating inefficiencies in capital utilization.<BR><BR>Overall, while the profit growth is impressive, the drastic revenue volatility and weak return metrics suggest underlying challenges that could impact the company's long-term viability. Therefore, the results can be seen as good in terms of profit but concerning when considering the broader context of revenue stability and operational efficiency.

When is the next results date for Azad India Mobility Ltd?

The next results date for Azad India Mobility Ltd is 29 May 2026.

The next results date for Azad India Mobility Ltd is scheduled for 29 May 2026.

How has been the historical performance of Azad India?

Azad India experienced significant growth in net sales, rising to 9.03 Cr in Mar'25 from 0.00 Cr, but faced increased total expenditures of 10.09 Cr, resulting in an operating profit of -0.03 Cr. Despite improvements in profit metrics and a rise in total assets to 66.60 Cr, cash flow from operating activities worsened, leading to a net cash outflow of -39.00 Cr.

Answer:<BR>The historical performance of Azad India shows a significant increase in net sales from Mar'24 to Mar'25, rising from 0.00 Cr to 9.03 Cr. However, the company faced a total expenditure of 10.09 Cr in Mar'25, which was a substantial increase from 1.30 Cr in the previous year. This led to an operating profit (PBDIT) of -0.03 Cr in Mar'25, an improvement from -1.30 Cr in Mar'24. The profit before tax also improved, moving from -1.21 Cr in Mar'24 to -0.18 Cr in Mar'25, while the profit after tax followed a similar trend, decreasing from -1.21 Cr to -0.18 Cr. The earnings per share (EPS) improved from -0.50 in Mar'24 to -0.05 in Mar'25. On the balance sheet, total assets increased from 42.93 Cr in Mar'24 to 66.60 Cr in Mar'25, with total liabilities also rising to 66.60 Cr from 42.93 Cr. The cash flow from operating activities showed a negative trend, with a cash outflow of -51.00 Cr in Mar'25 compared to -1.00 Cr in Mar'24, resulting in a net cash outflow of -39.00 Cr in Mar'25.<BR><BR>Breakdown:<BR>In Mar'25, Azad India reported net sales of 9.03 Cr, a notable increase from the previous year when sales were at 0.00 Cr. Despite this growth in revenue, the total expenditure surged to 10.09 Cr, leading to an operating profit of -0.03 Cr, which was an improvement from -1.30 Cr in Mar'24. The company also saw a reduction in its losses with profit before tax improving to -0.18 Cr from -1.21 Cr, and profit after tax following suit at -0.18 Cr compared to -1.21 Cr in the prior year. The earnings per share reflected this trend, improving from -0.50 to -0.05. On the balance sheet, total assets rose significantly to 66.60 Cr, up from 42.93 Cr, while total liabilities also increased to match total assets at 66.60 Cr. Cash flow from operating activities deteriorated, resulting in a cash outflow of -51.00 Cr, contributing to a net cash outflow of -39.00 Cr for the year.

Is Azad India technically bullish or bearish?

As of December 1, 2025, Azad India shows a mildly bullish trend supported by daily moving averages, but caution is advised due to bearish signals from the weekly MACD and RSI.

As of 1 December 2025, the technical trend for Azad India has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating a bullish sentiment. However, the weekly MACD and RSI are showing mildly bearish and bearish signals, respectively, which suggests some caution. The Bollinger Bands on the weekly chart are bullish, while the monthly indicators present a mixed picture with the MACD and KST showing mildly bearish trends. Overall, the strength of the bullish sentiment is tempered by the bearish indicators on the weekly timeframe.

Who are the top shareholders of the Azad India?

The top shareholders of Azad India are primarily foreign institutional investors (FIIs), holding 65.74% of shares, with 3 Sigma Global Fund as the largest public shareholder at 18.52%. Promoter Bupinder Singh Chadha holds 2.15%, while individual investors own 13.15%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Azad India include a mix of foreign institutional investors (FIIs) and public shareholders. The majority of the shares are held by FIIs, accounting for 65.74% of the total. Among individual shareholders, the highest public shareholder is 3 Sigma Global Fund, which holds 18.52%. Promoter Bupinder Singh Chadha has a holding of 2.15%, and individual investors collectively own 13.15% of the shares. There are no pledged promoter holdings, and no mutual funds are currently holding shares in the company.

Is Azad India overvalued or undervalued?

As of April 25, 2023, Azad India is considered risky and overvalued with a PE Ratio of 515.06 and other high valuation metrics, despite strong past returns, indicating potential concerns for investors.

As of 25 April 2023, the valuation grade for Azad India has moved from does not qualify to risky, indicating a significant shift in its risk profile. The company appears to be overvalued based on its headline ratios, which include a PE Ratio of 515.06, a Price to Book Value of 14.36, and an EV to Sales ratio of 52.28. These figures suggest that the stock is trading at an extremely high valuation compared to its earnings and book value.<BR><BR>In comparison to its peer, Indian Bright Steel Co., Ltd., which has a PE Ratio of -533.14 and an EV to EBITDA of -380.01, Azad India’s ratios highlight a concerning valuation disparity. Given these metrics, along with a negative ROCE and a low ROE of 0.75%, it is evident that Azad India is overvalued in the current market. While the stock has shown strong returns over the past three years, outperforming the Sensex significantly, the current valuation levels raise red flags for potential investors.

Has Azad India declared dividend?

No Dividend History Available