Azad Engineering Ltd
🚀 Azad Engineering’s FY26 Growth: Big Contracts, Revenue Surge & Expansion Plans
- Consolidated revenue up 31.8% to ₹6,029.8 Mn; standalone revenue grew 30.3% to ₹5,903.8 Mn.
- Standalone EBITDA rose 35.3% to ₹2,177.5 Mn (36.9% margin); PAT surged 49.3% to ₹1,321.6 Mn (22.4% margin).
- Q4 FY26 standalone revenue up 26.4% to ₹1,573.9 Mn; EBITDA +27.1% to ₹577.6 Mn; PAT +34.9% to ₹351.3 Mn.
- Secured long-term contracts with GE Vernova ($112M), Mitsubishi ($83M), and Rolls Royce for aerospace components.
- Inaugurated 4 dedicated facilities for Mitsubishi, GE Vernova, Siemens Energy, and Baker Hughes in Hyderabad.
- Aerospace & Defence revenue crossed ₹1,000 Mn for the first time.
- Expanding manufacturing footprint with 94,899 sq.m under construction (including 4 new facilities).
- Revenue mix: Energy (37%), Aerospace & Defence (37%), Oil & Gas (17%), Others (9%).
- Key challenges: Higher depreciation from capacity expansion & increased finance costs.