Azad Engineering Future Growth
Future criteria checks 5/6
Azad Engineering is forecast to grow earnings and revenue by 31.9% and 30.3% per annum respectively. EPS is expected to grow by 31.4% per annum. Return on equity is forecast to be 12.4% in 3 years.
Key information
31.9%
Earnings growth rate
31.39%
EPS growth rate
| Machinery earnings growth | 20.5% |
| Revenue growth rate | 30.3% |
| Future return on equity | 12.40% |
| Analyst coverage | Low |
| Last updated | 17 Feb 2026 |
Recent future growth updates
Earnings Update: Azad Engineering Limited (NSE:AZAD) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Feb 18
Analysts Have Been Trimming Their Azad Engineering Limited (NSE:AZAD) Price Target After Its Latest Report
Aug 08Recent updates
Earnings Update: Azad Engineering Limited (NSE:AZAD) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Feb 18Returns On Capital Signal Tricky Times Ahead For Azad Engineering (NSE:AZAD)
Jan 27Investors Could Be Concerned With Azad Engineering's (NSE:AZAD) Returns On Capital
Oct 04Should You Be Adding Azad Engineering (NSE:AZAD) To Your Watchlist Today?
Sep 03Analysts Have Been Trimming Their Azad Engineering Limited (NSE:AZAD) Price Target After Its Latest Report
Aug 08Does Azad Engineering (NSE:AZAD) Have A Healthy Balance Sheet?
Jul 04
Mitsubishi And GE Vernova Orders Will Fuel Global Capacity Expansion
Expanding capacity and order visibility, with a strong export-oriented pipeline, supports multi-year recurring growth and earnings stability from global supply chain shifts.We Think Shareholders Should Be Aware Of Some Factors Beyond Azad Engineering's (NSE:AZAD) Profit
May 31Azad Engineering Limited (NSE:AZAD) Looks Just Right With A 26% Price Jump
May 06Azad Engineering Limited's (NSE:AZAD) P/S Is On The Mark
Mar 20Returns At Azad Engineering (NSE:AZAD) Appear To Be Weighed Down
Jan 21These 4 Measures Indicate That Azad Engineering (NSE:AZAD) Is Using Debt Reasonably Well
Dec 24Shareholders Shouldn’t Be Too Comfortable With Azad Engineering's (NSE:AZAD) Strong Earnings
Nov 19Is Azad Engineering (NSE:AZAD) Using Too Much Debt?
Jul 22Azad Engineering Limited's (NSE:AZAD) P/S Is Still On The Mark Following 33% Share Price Bounce
Jun 26Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2028 | 11,034 | 2,441 | -365 | N/A | 4 |
| 3/31/2027 | 8,169 | 1,717 | -506 | N/A | 5 |
| 3/31/2026 | 6,113 | 1,286 | -3,008 | N/A | 5 |
| 12/31/2025 | 5,684 | 1,222 | N/A | N/A | N/A |
| 9/30/2025 | 5,301 | 1,116 | -4,969 | -250 | N/A |
| 6/30/2025 | 4,960 | 999 | N/A | N/A | N/A |
| 3/31/2025 | 4,574 | 873 | -2,396 | 537 | N/A |
| 12/31/2024 | 4,232 | 770 | N/A | N/A | N/A |
| 9/30/2024 | 3,920 | 698 | -1,778 | 44 | N/A |
| 6/30/2024 | 3,633 | 683 | N/A | N/A | N/A |
| 3/31/2024 | 3,408 | 586 | -823 | -70 | N/A |
| 12/31/2023 | 3,329 | 585 | N/A | N/A | N/A |
| 3/31/2023 | 2,517 | 85 | -958 | -102 | N/A |
| 3/31/2022 | 1,945 | 295 | -962 | 209 | N/A |
| 3/31/2021 | 1,227 | 115 | -156 | 48 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZAD's forecast earnings growth (31.9% per year) is above the savings rate (6.8%).
Earnings vs Market: AZAD's earnings (31.9% per year) are forecast to grow faster than the Indian market (17.5% per year).
High Growth Earnings: AZAD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AZAD's revenue (30.3% per year) is forecast to grow faster than the Indian market (11.3% per year).
High Growth Revenue: AZAD's revenue (30.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AZAD's Return on Equity is forecast to be low in 3 years time (12.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/13 11:47 |
| End of Day Share Price | 2026/03/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Azad Engineering Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gaurav Nagori | Avendus Spark |
| Ravi Kumar Putta | Choice Equity Broking Private Limited |
| Amit Dixit | Goldman Sachs |