Azad Engineering

Market Cap: Small Cap
Industry: Heavy Electrical Equipment
ISIN: INE02IJ01035
NSEID: AZAD
BSEID: 544061
View on NSE | View on BSE

INR

2,039.60

15.6 (0.77%)

BSENSE

May 22

BSE+NSE Vol: 2.3 lacs

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    "name": "Azad Engineering",
    "stock_name": "Azad Engineering",
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    "cmp": "2,039.60",
    "chg": 15.6,
    "chgp": "0.77%",
    "dir": 1,
    "prev_price": "2,024.00",
    "mcapval": "13,331.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 544061,
    "symbol": "AZAD",
    "ind_name": "Heavy Electrical Equipment",
    "ind_code": 13,
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    "isin": "INE02IJ01035",
    "curr_date": "May 22",
    "curr_time": "",
    "bse_nse_vol": "2.3 lacs",
    "exc_status": "Active",
    "traded_date": "May 22, 2026",
    "traded_date_str": "2026 05 22",
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  "news": {
    "results": [
      {
        "title": "Azad Engineering Ltd Upgraded to Buy on Strong Financial and Quality Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/azad-engineering-ltd-upgraded-to-buy-on-strong-financial-and-quality-metrics-3998451",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_mojoScore_3998451.png",
        "date": "2026-05-19 09:07:37",
        "description": "Azad Engineering Ltd, a small-cap player in the Heavy Electrical Equipment sector, has been upgraded from a Hold to a Buy rating following a comprehensive reassessment of its quality, valuation, financial trends, and technical indicators. The upgrade reflects the company’s robust sales growth, improved profitability, and favourable capital structure, positioning it as a compelling investment opportunity amid a challenging market backdrop."
      },
      {
        "title": "Azad Engineering Ltd Upgrades Quality Grade Amid Mixed Market Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/azad-engineering-ltd-upgrades-quality-grade-amid-mixed-market-performance-3997673",
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        "date": "2026-05-19 08:00:21",
        "description": "Azad Engineering Ltd has seen a notable upgrade in its quality grade from average to good, reflecting improvements in key business fundamentals such as return on capital employed (ROCE), return on equity (ROE), and debt management. Despite a recent sharp decline in share price, the company’s underlying financial metrics and growth trajectory suggest a strengthening operational profile within the heavy electrical equipment sector."
      },
      {
        "title": "Azad Engineering Ltd Hits Intraday Low Amid Price Pressure on 18 May 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/azad-engineering-ltd-hits-intraday-low-amid-price-pressure-on-18-may-2026-3996891",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_priceRelatedfactors_3996891.png",
        "date": "2026-05-18 10:46:05",
        "description": "Azad Engineering Ltd, a small-cap player in the Heavy Electrical Equipment sector, experienced a notable intraday decline on 18 May 2026, touching a low of Rs 1,945.55, down 7.42% from the previous close. The stock underperformed its sector and broader market indices amid persistent selling pressure and a cautious market environment."
      },
      {
        "title": "Are Azad Engineering Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-azad-engineering-ltd-latest-results-good-or-bad-3995061",
        "imagepath": "",
        "date": "2026-05-16 19:31:20",
        "description": "Azad Engineering Ltd's latest financial results for Q4 FY26 indicate a company that has demonstrated strong operational performance, achieving record revenue and profitability metrics. The net sales for the quarter reached ₹161.54 crores, reflecting a year-on-year growth of 27.27% compared to ₹126.93 crores in Q4 FY25, and marking the seventh consecutive quarter of sequential growth. The net profit after tax stood at ₹35.99 crores, which is a significant increase of 42.42% year-on-year, and the company achieved its highest-ever PAT margin of 22.79%.\n\nThe operating margin, while slightly lower than the previous quarter at 37.97%, still positions Azad Engineering as a leader in its sector, showcasing its ability to maintain profitability despite rising costs. The company faced an increase in employee costs, which rose by 11.98% sequentially, indicating strategic investments in talent to support future growth...."
      },
      {
        "title": "Azad Engineering Q4 FY26: Strong Growth Momentum Continues Despite Premium Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/azad-engineering-q4-fy26-strong-growth-momentum-continues-despite-premium-valuation-concerns-3994273",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_quaterlyResult_3994273.png",
        "date": "2026-05-16 09:55:43",
        "description": "Azad Engineering Ltd., a Hyderabad-based heavy electrical equipment manufacturer, delivered a robust performance in the fourth quarter of FY26, posting consolidated net profit of ₹35.99 crores, marking a sequential growth of 4.29% quarter-on-quarter and an impressive 42.42% year-on-year expansion. With a market capitalisation of ₹13,950 crores, the small-cap engineering specialist continues to demonstrate strong operational momentum, though the stock faced profit-booking pressure, declining 3.72% to ₹2,101.50 on May 15, 2026, following the results announcement."
      },
      {
        "title": "Azad Engineering Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/azad-engineering-ltd-is-rated-hold-3989431",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_mojoScore_3989431.png",
        "date": "2026-05-13 10:10:03",
        "description": "Azad Engineering Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 May 2026, providing investors with an up-to-date view of its performance and prospects."
      },
      {
        "title": "Azad Engineering Ltd Hits Intraday Low Amid Price Pressure on 11 May 2026",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/azad-engineering-ltd-hits-intraday-low-amid-price-pressure-on-11-may-2026-3985264",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_priceRelatedfactors_3985264.png",
        "date": "2026-05-11 10:01:12",
        "description": "Azad Engineering Ltd experienced a notable intraday decline on 11 May 2026, touching a low of Rs 2,243.85 as the stock faced significant price pressure amid a broadly negative market environment. The stock underperformed its sector and the broader Sensex index, reversing gains from the previous three sessions."
      },
      {
        "title": "Azad Engineering Ltd Gains 7.06%: 4 Key Factors Driving the Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/azad-engineering-ltd-gains-706-4-key-factors-driving-the-rally-3982673",
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        "date": "2026-05-09 10:04:33",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>4 May:</strong> Week opens at Rs.2,162.50</p>\n                    <p><strong>7 May:</strong> New 52-week high at Rs.2,283.65 and all-time high at Rs.2,247.95</p>\n                    <p><strong>8 May:</strong> New 52-week and all-time high at Rs.2,322 and Rs.2,313.10 respectively</p>\n                    <p><strong>8 May:</strong> Week closes at Rs.2,315.25 (+7.06%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.2,162.50</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.2,315.25</div>..."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Azad Engineering Ltd to 52-Week High of Rs 2322",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/azad-engineering-ltd-hits-new-52-week-high-at-rs2322-3981177",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AzadEngineering_priceRelatedfactors_3981177.png",
        "date": "2026-05-08 09:48:56",
        "description": "Surging to an all-time high of Rs 2322 on 8 May 2026, Azad Engineering Ltd has demonstrated remarkable price momentum, outperforming its sector and the broader market despite a declining Sensex. This milestone caps a 44.83% rally over the past year, significantly outpacing the Sensex’s 3.76% decline, underscoring the stock’s robust technical underpinnings."
      }
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  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
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    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
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      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
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    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
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News and Views

Azad Engineering Ltd Upgraded to Buy on Strong Financial and Quality Metrics

2026-05-19 09:07:37

Azad Engineering Ltd, a small-cap player in the Heavy Electrical Equipment sector, has been upgraded from a Hold to a Buy rating following a comprehensive reassessment of its quality, valuation, financial trends, and technical indicators. The upgrade reflects the company’s robust sales growth, improved profitability, and favourable capital structure, positioning it as a compelling investment opportunity amid a challenging market backdrop.

Read full news article

Azad Engineering Ltd Upgrades Quality Grade Amid Mixed Market Performance

2026-05-19 08:00:21

Azad Engineering Ltd has seen a notable upgrade in its quality grade from average to good, reflecting improvements in key business fundamentals such as return on capital employed (ROCE), return on equity (ROE), and debt management. Despite a recent sharp decline in share price, the company’s underlying financial metrics and growth trajectory suggest a strengthening operational profile within the heavy electrical equipment sector.

Read full news article

Azad Engineering Ltd Hits Intraday Low Amid Price Pressure on 18 May 2026

2026-05-18 10:46:05

Azad Engineering Ltd, a small-cap player in the Heavy Electrical Equipment sector, experienced a notable intraday decline on 18 May 2026, touching a low of Rs 1,945.55, down 7.42% from the previous close. The stock underperformed its sector and broader market indices amid persistent selling pressure and a cautious market environment.

Read full news article

Are Azad Engineering Ltd latest results good or bad?

2026-05-16 19:31:20

Azad Engineering Ltd's latest financial results for Q4 FY26 indicate a company that has demonstrated strong operational performance, achieving record revenue and profitability metrics. The net sales for the quarter reached ₹161.54 crores, reflecting a year-on-year growth of 27.27% compared to ₹126.93 crores in Q4 FY25, and marking the seventh consecutive quarter of sequential growth. The net profit after tax stood at ₹35.99 crores, which is a significant increase of 42.42% year-on-year, and the company achieved its highest-ever PAT margin of 22.79%. The operating margin, while slightly lower than the previous quarter at 37.97%, still positions Azad Engineering as a leader in its sector, showcasing its ability to maintain profitability despite rising costs. The company faced an increase in employee costs, which rose by 11.98% sequentially, indicating strategic investments in talent to support future growth....

Read full news article

Azad Engineering Q4 FY26: Strong Growth Momentum Continues Despite Premium Valuation Concerns

2026-05-16 09:55:43

Azad Engineering Ltd., a Hyderabad-based heavy electrical equipment manufacturer, delivered a robust performance in the fourth quarter of FY26, posting consolidated net profit of ₹35.99 crores, marking a sequential growth of 4.29% quarter-on-quarter and an impressive 42.42% year-on-year expansion. With a market capitalisation of ₹13,950 crores, the small-cap engineering specialist continues to demonstrate strong operational momentum, though the stock faced profit-booking pressure, declining 3.72% to ₹2,101.50 on May 15, 2026, following the results announcement.

Read full news article

Azad Engineering Ltd is Rated Hold

2026-05-13 10:10:03

Azad Engineering Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 09 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 13 May 2026, providing investors with an up-to-date view of its performance and prospects.

Read full news article

Azad Engineering Ltd Hits Intraday Low Amid Price Pressure on 11 May 2026

2026-05-11 10:01:12

Azad Engineering Ltd experienced a notable intraday decline on 11 May 2026, touching a low of Rs 2,243.85 as the stock faced significant price pressure amid a broadly negative market environment. The stock underperformed its sector and the broader Sensex index, reversing gains from the previous three sessions.

Read full news article

Azad Engineering Ltd Gains 7.06%: 4 Key Factors Driving the Rally

2026-05-09 10:04:33

Key Events This Week

4 May: Week opens at Rs.2,162.50

7 May: New 52-week high at Rs.2,283.65 and all-time high at Rs.2,247.95

8 May: New 52-week and all-time high at Rs.2,322 and Rs.2,313.10 respectively

8 May: Week closes at Rs.2,315.25 (+7.06%)

Read full news article

Broad-Based Technical Strength Lifts Azad Engineering Ltd to 52-Week High of Rs 2322

2026-05-08 09:48:56

Surging to an all-time high of Rs 2322 on 8 May 2026, Azad Engineering Ltd has demonstrated remarkable price momentum, outperforming its sector and the broader market despite a declining Sensex. This milestone caps a 44.83% rally over the past year, significantly outpacing the Sensex’s 3.76% decline, underscoring the stock’s robust technical underpinnings.