Azad Engineering Future Growth
Future criteria checks 5/6
Azad Engineering is forecast to grow earnings and revenue by 28% and 28.2% per annum respectively. EPS is expected to grow by 27.8% per annum. Return on equity is forecast to be 16.1% in 3 years.
Key information
28.0%
Earnings growth rate
27.80%
EPS growth rate
| Machinery earnings growth | 20.9% |
| Revenue growth rate | 28.2% |
| Future return on equity | 16.10% |
| Analyst coverage | Good |
| Last updated | 21 May 2026 |
Recent future growth updates
Earnings Update: Azad Engineering Limited (NSE:AZAD) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
It's been a good week for Azad Engineering Limited ( NSE:AZAD ) shareholders, because the company has just released its...Analysts Have Been Trimming Their Azad Engineering Limited (NSE:AZAD) Price Target After Its Latest Report
NSEI:AZAD 1 Year Share Price vs Fair Value Explore Azad Engineering's Fair Values from the Community and select yours...Recent updates
AZAD: Long Term Supply Deals And Capacity Expansion Will Shape Balanced Outlook
Analysts have raised their price target on Azad Engineering from ₹1,944 to about ₹2,071, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and a lower future P/E multiple. What's in the News Board meeting scheduled on May 12, 2026, to consider reappointing Mr. Rakesh Chopdar as Whole Time Director, Executive Chairman and CEO, and reappointing Mrs.Azad Engineering's (NSE:AZAD) Earnings Are Weaker Than They Seem
Investors were disappointed with Azad Engineering Limited's ( NSE:AZAD ) earnings, despite the strong profit numbers...
Long Dated OEM Contracts And Order Book Strength Will Support Multi Year Upside
Catalysts About Azad Engineering Azad Engineering manufactures highly engineered, mission critical components for global OEMs across energy, aerospace, defense and oil and gas. What are the underlying business or industry changes driving this perspective?Earnings Update: Azad Engineering Limited (NSE:AZAD) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
It's been a good week for Azad Engineering Limited ( NSE:AZAD ) shareholders, because the company has just released its...Returns On Capital Signal Tricky Times Ahead For Azad Engineering (NSE:AZAD)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Investors Could Be Concerned With Azad Engineering's (NSE:AZAD) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Should You Be Adding Azad Engineering (NSE:AZAD) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysts Have Been Trimming Their Azad Engineering Limited (NSE:AZAD) Price Target After Its Latest Report
NSEI:AZAD 1 Year Share Price vs Fair Value Explore Azad Engineering's Fair Values from the Community and select yours...8 Manufacturing Facilities Will Unlock Demand In Energy, Aerospace And Defense
Despite steady discount rate and revenue growth forecasts, the consensus analyst price target for Azad Engineering has been revised downward from ₹2122 to ₹1944. What's in the News Board meeting scheduled to consider and approve Q1 FY26 standalone and consolidated unaudited financial results.Does Azad Engineering (NSE:AZAD) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...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
Even though Azad Engineering Limited ( NSE:AZAD ) posted strong earnings recently, the stock hasn't reacted in a large...Azad Engineering Limited (NSE:AZAD) Looks Just Right With A 26% Price Jump
Azad Engineering Limited ( NSE:AZAD ) shares have had a really impressive month, gaining 26% after a shaky period...Azad Engineering Limited's (NSE:AZAD) P/S Is On The Mark
When close to half the companies in the Machinery industry in India have price-to-sales ratios (or "P/S") below 2.3x...Returns At Azad Engineering (NSE:AZAD) Appear To Be Weighed Down
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...These 4 Measures Indicate That Azad Engineering (NSE:AZAD) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Shareholders Shouldn’t Be Too Comfortable With Azad Engineering's (NSE:AZAD) Strong Earnings
We didn't see Azad Engineering Limited's ( NSE:AZAD ) stock surge when it reported robust earnings recently. We think...Is Azad Engineering (NSE:AZAD) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Azad Engineering Limited's (NSE:AZAD) P/S Is Still On The Mark Following 33% Share Price Bounce
Despite an already strong run, Azad Engineering Limited ( NSE:AZAD ) shares have been powering on, with a gain of 33...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2029 | 15,415 | 3,833 | N/A | 2,677 | 2 |
| 3/31/2028 | 10,880 | 2,339 | -693 | 1,624 | 6 |
| 3/31/2027 | 8,049 | 1,709 | -1,020 | 1,518 | 6 |
| 3/31/2026 | 6,030 | 1,329 | -6,914 | -1,190 | N/A |
| 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 (28% per year) is above the savings rate (6.9%).
Earnings vs Market: AZAD's earnings (28% per year) are forecast to grow faster than the Indian market (16.1% per year).
High Growth Earnings: AZAD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AZAD's revenue (28.2% per year) is forecast to grow faster than the Indian market (10.8% per year).
High Growth Revenue: AZAD's revenue (28.2% 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 (16.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 12:24 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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. 6 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 |