Azad Engineering Ltd

Azad Engineering Reports Strong Growth & Expansion Plans 🚀

- Order book at ~INR 6,500 Cr, providing 11x-12x visibility over FY '26 revenue.

- Secured an 8-year contract with Mitsubishi Heavy Industries as a single-source supplier for Nozzle Vanes.

- FY '26 revenue: INR 590 Cr (+30% YoY), Q4 revenue: INR 157 Cr (+26.4% YoY).

- Energy & oil & gas segment contributed 81.5% of revenue (INR 481 Cr, +34% YoY).

- Aerospace & Defence segment crossed INR 100 Cr in revenue (+25% YoY).

- EBITDA margin improved to 36.7% in Q4 FY '26 (vs. 36.5% in Q4 FY '25).

- PAT margin expanded to 22.3% (vs. 20.9%).

- Four new manufacturing facilities inaugurated, two commissioned in FY '26.

- FY '27 plans include plant ramp-up, facility commissioning, and working capital normalization.

- Targeting 25%+ top-line growth in FY '27 and beyond.