Azad Engineering Past Earnings Performance
Past criteria checks 3/6
Azad Engineering has been growing earnings at an average annual rate of 45%, while the Machinery industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 32.7% per year. Azad Engineering's return on equity is 25.4%, and it has net margins of 17.6%.
Key information
45.0%
Earnings growth rate
40.8%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 32.7% |
| Return on equity | 25.4% |
| Net Margin | 17.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Azad Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,329 | 585 | 734 | 0 |
| 31 Mar 23 | 2,517 | 85 | 607 | 0 |
| 31 Mar 22 | 1,945 | 295 | 469 | 0 |
| 31 Mar 21 | 1,227 | 115 | 329 | 0 |
Quality Earnings: AZAD has high quality earnings.
Growing Profit Margin: AZAD's current net profit margins (17.6%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if AZAD's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare AZAD's past year earnings growth to its 5-year average.
Earnings vs Industry: AZAD earnings growth over the past year (328.5%) exceeded the Machinery industry 30.8%.
Return on Equity
High ROE: Whilst AZAD's Return on Equity (25.36%) is high, this metric is skewed due to their high level of debt.