Azad Engineering (AZAD.NS) Stock Price

Azad Engineering Price

CLOSED
2,479.50INR+3.40 (+0.14 %)
Market closed

Revenue has compounded at 33.0% per year over the past 3 years to 4.57 B INR. Earnings per share have grown at 43.3% per year over the last 3 years. Azad Engineering's net margin stands at 19.1%, up from 15.1% several years earlier. Analysts set a median price target of 1,938.00 INR, implying 21.8% below the current price. Of 11 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 82% above its 52-week low.

Azad Engineering stock price

Volume
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Azad Engineering over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Azad Engineering stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Azad Engineering's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Azad Engineering Stock Price History
DateAzad Engineering Price
7/10/20262,479.50 INR
7/9/20262,476.10 INR
7/8/20262,229.40 INR
7/7/20262,255.00 INR
7/6/20262,246.50 INR
7/3/20262,148.50 INR
7/2/20262,074.00 INR
7/1/20262,048.60 INR
6/30/20262,055.30 INR
6/29/20261,984.00 INR
6/25/20262,020.10 INR
6/24/20262,006.90 INR
6/23/20262,044.60 INR
6/22/20262,082.40 INR
6/19/20262,079.30 INR
6/18/20262,185.20 INR
6/17/20262,213.90 INR
6/16/20262,124.50 INR
6/15/20262,137.50 INR
6/12/20262,125.30 INR
6/11/20262,086.00 INR
6/10/20262,160.70 INR
6/9/20262,230.00 INR
6/8/20262,175.80 INR
6/5/20262,202.00 INR
6/4/20262,200.50 INR
6/3/20262,090.90 INR
6/2/20262,066.10 INR
6/1/20262,013.20 INR
5/29/20262,001.00 INR
5/27/20262,093.00 INR
5/26/20262,116.40 INR
5/25/20262,065.50 INR
5/22/20262,069.00 INR
5/21/20262,039.80 INR
5/20/20261,922.40 INR
5/19/20261,913.20 INR
5/18/20261,920.40 INR
5/15/20262,098.20 INR
5/14/20262,182.50 INR
5/13/20262,117.90 INR
5/12/20262,123.70 INR
5/11/20262,180.10 INR
5/8/20262,315.60 INR
5/7/20262,244.60 INR
5/6/20262,194.30 INR
5/5/20262,153.80 INR
5/4/20262,161.70 INR
5/1/20262,164.90 INR
4/30/20262,164.90 INR
4/29/20262,160.30 INR
4/28/20262,201.00 INR
4/27/20262,237.10 INR
4/24/20262,090.20 INR
4/23/20262,111.00 INR
4/22/20261,950.40 INR
4/21/20261,862.60 INR
4/20/20261,893.30 INR
4/17/20261,904.30 INR
4/16/20261,861.30 INR
4/15/20261,836.40 INR
4/13/20261,741.20 INR
4/10/20261,704.70 INR
4/9/20261,672.90 INR
4/8/20261,635.60 INR
4/7/20261,571.70 INR
4/6/20261,560.20 INR
4/2/20261,546.00 INR
4/1/20261,522.00 INR
3/30/20261,475.10 INR
3/27/20261,484.30 INR
3/25/20261,468.70 INR
3/24/20261,416.60 INR
3/23/20261,363.10 INR
3/20/20261,466.00 INR
3/19/20261,460.50 INR
3/18/20261,515.90 INR
3/17/20261,503.00 INR
3/16/20261,495.00 INR
3/13/20261,492.00 INR
3/12/20261,594.00 INR
3/11/20261,612.70 INR
3/10/20261,638.40 INR
3/9/20261,611.00 INR
3/6/20261,610.80 INR
3/5/20261,632.10 INR
2/26/20261,731.30 INR
2/25/20261,737.00 INR
2/24/20261,742.10 INR
2/23/20261,705.00 INR
2/20/20261,716.50 INR
2/19/20261,701.00 INR
2/18/20261,717.30 INR
2/17/20261,655.40 INR
2/16/20261,648.40 INR
2/13/20261,586.00 INR
2/12/20261,609.80 INR
2/11/20261,635.10 INR
2/10/20261,593.30 INR
2/9/20261,566.00 INR
2/6/20261,492.20 INR
2/5/20261,499.20 INR
2/4/20261,514.00 INR
2/3/20261,539.00 INR
2/2/20261,451.30 INR
1/30/20261,477.70 INR
1/29/20261,421.10 INR
1/28/20261,502.00 INR
1/27/20261,445.80 INR
1/23/20261,391.20 INR
1/22/20261,406.00 INR
1/21/20261,404.70 INR
1/20/20261,464.90 INR
1/19/20261,519.40 INR
1/16/20261,539.50 INR
1/14/20261,562.40 INR
1/13/20261,569.00 INR
1/12/20261,542.20 INR
1/9/20261,567.30 INR
1/8/20261,597.00 INR
1/7/20261,651.00 INR
1/6/20261,652.60 INR
1/5/20261,682.20 INR
1/2/20261,652.80 INR
1/1/20261,627.90 INR
12/31/20251,652.80 INR
12/30/20251,624.80 INR
12/29/20251,646.20 INR
12/26/20251,645.50 INR
12/24/20251,658.00 INR
12/23/20251,658.00 INR
12/22/20251,668.50 INR
12/19/20251,629.40 INR
12/18/20251,579.90 INR
12/17/20251,581.40 INR
12/16/20251,590.00 INR
12/15/20251,602.80 INR
12/12/20251,607.90 INR
12/11/20251,577.90 INR
12/10/20251,597.50 INR
12/9/20251,620.00 INR
12/8/20251,563.70 INR
12/5/20251,620.00 INR
12/4/20251,635.00 INR
12/3/20251,651.00 INR
12/2/20251,655.40 INR
12/1/20251,665.20 INR
11/28/20251,680.60 INR
11/27/20251,696.70 INR
11/26/20251,633.30 INR
11/25/20251,625.00 INR
11/24/20251,636.10 INR
11/21/20251,685.20 INR
11/20/20251,740.30 INR
11/19/20251,672.00 INR
11/18/20251,641.00 INR
11/17/20251,673.80 INR
11/14/20251,621.00 INR
11/13/20251,616.00 INR
11/12/20251,635.40 INR
11/11/20251,618.00 INR
11/10/20251,621.10 INR
11/7/20251,611.20 INR
11/6/20251,616.60 INR
11/4/20251,656.40 INR
11/3/20251,656.00 INR
10/31/20251,699.00 INR
10/30/20251,698.90 INR
10/29/20251,696.30 INR
10/28/20251,704.00 INR
10/27/20251,686.00 INR
10/24/20251,663.80 INR
10/23/20251,649.80 INR
10/21/20251,668.10 INR
10/20/20251,636.70 INR
10/17/20251,644.00 INR
10/16/20251,650.20 INR
10/15/20251,675.10 INR
10/14/20251,648.00 INR
10/13/20251,639.70 INR
10/10/20251,651.70 INR
10/9/20251,640.00 INR
10/8/20251,670.60 INR
10/7/20251,647.50 INR
10/6/20251,718.90 INR
10/3/20251,723.00 INR
10/1/20251,611.00 INR
9/30/20251,562.40 INR
9/29/20251,595.10 INR
9/26/20251,556.80 INR
9/25/20251,624.00 INR
9/24/20251,615.20 INR
9/23/20251,614.10 INR
9/22/20251,635.00 INR
9/19/20251,665.70 INR
9/18/20251,648.00 INR
9/17/20251,607.40 INR
9/16/20251,588.60 INR
9/15/20251,590.10 INR
9/12/20251,601.30 INR
9/11/20251,616.60 INR
9/10/20251,621.00 INR
9/9/20251,649.80 INR
9/8/20251,591.40 INR
9/5/20251,577.30 INR
9/4/20251,575.20 INR
9/3/20251,609.00 INR
9/2/20251,609.90 INR
9/1/20251,590.00 INR
8/29/20251,528.00 INR
8/28/20251,541.30 INR
8/26/20251,539.90 INR
8/25/20251,569.90 INR
8/22/20251,606.00 INR
8/21/20251,612.10 INR
8/20/20251,600.00 INR
8/19/20251,614.00 INR
8/18/20251,575.90 INR
8/14/20251,552.00 INR
8/13/20251,518.70 INR
8/12/20251,469.80 INR
8/11/20251,488.90 INR
8/8/20251,507.40 INR
8/7/20251,550.50 INR
8/6/20251,586.40 INR
8/5/20251,559.40 INR
8/4/20251,490.70 INR
8/1/20251,450.80 INR
7/31/20251,473.80 INR
7/30/20251,505.00 INR
7/29/20251,504.40 INR
7/28/20251,499.70 INR
7/25/20251,554.70 INR
7/24/20251,588.40 INR
7/23/20251,585.20 INR
7/22/20251,600.90 INR
7/21/20251,616.00 INR
7/18/20251,634.70 INR
7/17/20251,601.40 INR
7/16/20251,590.80 INR
7/15/20251,544.80 INR
7/14/20251,552.30 INR
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Azad Engineering Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.94 B INR
521.91 M INR
294.57 M INR
Jan 1, 2023
2.52 B INR
571.81 M INR
84.73 M INR
Jan 1, 2024
3.41 B INR
976.65 M INR
585.80 M INR
Jan 1, 2025
4.57 B INR
1.34 B INR
873.18 M INR
Jan 1, 2026 (e)
6.12 B INR
1.84 B INR
1.28 B INR
Jan 1, 2027 (e)
8.13 B INR
2.48 B INR
1.74 B INR
Jan 1, 2028 (e)
10.74 B INR
3.40 B INR
2.35 B INR

Azad Engineering Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 11, 2026, 9:55 PM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
NET INCOMEB INR
NET INCOME GROWTH%
SHARESM
20222023202420252026e2027e2028e
1.942.523.414.576.128.1310.74
–29.4235.4134.2233.8132.9332.06
85.8083.4378.3478.5778.5778.5778.57
1.672.102.673.594.816.398.44
0.290.080.590.871.281.742.35
–-71.43596.4349.2346.9635.7034.92
59.1159.1152.3059.5559.5559.5559.55
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Azad Engineering generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Azad Engineering retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Azad Engineering's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Azad Engineering has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Azad Engineering's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Azad Engineering stock margins

The Azad Engineering margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Azad Engineering. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Azad Engineering.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2022
85.80 %
26.84 %
15.15 %
Jan 1, 2023
83.40 %
22.72 %
3.37 %
Jan 1, 2024
78.33 %
28.66 %
17.19 %
Jan 1, 2025
78.58 %
29.38 %
19.09 %
Jan 1, 2026 (e)
78.58 %
30.04 %
20.97 %
Jan 1, 2027 (e)
78.58 %
30.50 %
21.41 %
Jan 1, 2028 (e)
78.58 %
31.69 %
21.88 %

Azad Engineering Stock Revenue, EBIT, Earnings per Share

The Azad Engineering earnings per share therefore indicates how much revenue Azad Engineering has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2022
32.90 INR
8.83 INR
4.98 INR
Jan 1, 2023
42.58 INR
9.67 INR
1.43 INR
Jan 1, 2024
65.16 INR
18.67 INR
11.20 INR
Jan 1, 2025
76.80 INR
22.57 INR
14.66 INR
Jan 1, 2026 (e)
94.75 INR
30.87 INR
19.87 INR
Jan 1, 2027 (e)
125.95 INR
41.66 INR
26.97 INR
Jan 1, 2028 (e)
166.34 INR
57.16 INR
36.39 INR

Azad Engineering business model & stock analysis

Azad Engineering Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Azad Engineering historical P/E ratio, EBIT multiple, and P/S ratio

Azad Engineering annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Azad Engineering shares outstanding

The number of shares of Azad Engineering was 59.55 M in 2025. This indicates how many shares Azad Engineering is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2022
59.11 M Stocks
Jan 1, 2023
59.11 M Stocks
Jan 1, 2024
52.30 M Stocks
Jan 1, 2025
59.55 M Stocks
Jan 1, 2026 (e)
59.55 M Stocks
Jan 1, 2027 (e)
59.55 M Stocks
Jan 1, 2028 (e)
59.55 M Stocks

Current Azad Engineering forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.80 %
Buy90.91 % (10)
Hold9.09 % (1)
Sell0.00 % (0)
12M Price Target
1,938.00
Last Price
2,479.50
Currency
INR
12M Return Potential
-21.84 %
LTM Return
0 %

Azad Engineering shareholder structure

% Name
54.44805%
Chopdar (Rakesh)
Chopdar (Rakesh)
5.38173%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
3.47226%
The Nomura Trust and Banking Co., Ltd.
The Nomura Trust and Banking Co., Ltd.
2.72276%
Invest AD
Invest AD
1.47750%
Kotak Mahindra Asset Management Company Limited
Kotak Mahindra Asset Management Company Limited
1.39362%
Tree Line Advisors (Hong Kong) Ltd
Tree Line Advisors (Hong Kong) Ltd

Azad Engineering Executives and Management Board

RC

Mr. Rakesh Chopdar

(44)

Executive Chairman of the Board, Chief Executive Officer · since 2003

Compensation45.90 M INR
JC

Mrs. Jyoti Chopdar

(46)

Whole Time Director · since 2014

Compensation12.00 M INR
VM

Mr. Vishnu Malpani

(35)

Whole Time Director · since 2023

Compensation4.22 M INR
RJ

Mr. Ronak Jajoo

Chief Financial Officer

FG

Mr. Ful Gautam

Compliance Officer, Company Secretary

Frequently asked questions about Azad Engineering

Analysts currently set an average price target of 1,939.02 INR for the Azad Engineering stock (median: 1,938.00 INR), implying -21.8 % versus the latest price. The consensus is based on 11 analyst ratings.

Azad Engineering Analyst Price Targets 2026

All fundamentals and in-depth analysis of Azad Engineering

Our stock analysis for Azad Engineering stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Azad Engineering. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Azad Engineering Stock
Azad Engineering Revenue→
Azad Engineering Stock
Azad Engineering Net Income→
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Azad Engineering EBIT→
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Azad Engineering Directors Dealings→
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