Azad Engineering Future Growth
Future criteria checks 5/6
Azad Engineering is forecast to grow earnings and revenue by 40.5% and 28.2% per annum respectively. EPS is expected to grow by 35.5% per annum. Return on equity is forecast to be 16% in 3 years.
Key information
40.5%
Earnings growth rate
35.5%
EPS growth rate
Machinery earnings growth | 15.2% |
Revenue growth rate | 28.2% |
Future return on equity | 16.0% |
Analyst coverage | Low |
Last updated | 07 Mar 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2026 | 6,011 | 1,181 | -315 | N/A | 1 |
3/31/2025 | 4,658 | 915 | -473 | N/A | 1 |
3/31/2024 | 3,400 | 423 | -882 | N/A | 1 |
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 (40.5% per year) is above the savings rate (6.7%).
Earnings vs Market: AZAD's earnings (40.5% per year) are forecast to grow faster than the Indian market (17% 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 (9.7% 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%).