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Incorporated in 1983, Azad Engineering Limited is a manufacturer of aerospace components and turbines and supplies its products to original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas industries.
Azad Engineering successfully delivered India's first indigenous expendable turbojet engine, marking a strategic shift to a fully integrated propulsion system player. Massive production scale-up is anticipated in months, significantly expanding its market. The new Baker Hughes facility is now operational, contributing to second-half revenue growth, with Rolls-Royce qualification parts deliveries...
Azad Engineering kicked off FY27 with robust Q1 results! Standalone revenue surged 26.8% YoY to ₹170.52 Cr, while Profit After Tax (PAT) jumped 21.2% YoY to ₹36.35 Cr. EPS also climbed 21.3% to ₹5.63. Strong performance was seen across Energy & Oil & Gas and Aerospace & Defence segments, with...