Record Q2 revenue ₹187.8 Cr (+31.6%), but H1 PAT up only 6.6% as depreciation, finance cost and lost treasury income absorbed margin gains. Operating cash flow negative ₹45.8 Cr; cash inflow promised from Q4 without firm numbers.
Azad Engineering's QIP monitoring agency reports no deviation from objects this quarter. Rs 75.54 crore of proceeds remains unutilised, with timeline extended to March 2027.
Azad Engineering intimated that its board will meet on 6 Nov 2026 to consider unaudited Q2 FY27 results. No financial figures or decisions are reported in this advance notice.
Azad Engineering secured a two-year BHEL rate contract worth about ₹52.68 crore for gas turbine airfoils. The disclosure marks its growing role in domestic power equipment.
Azad Engineering Limited shareholders approved the re-appointment of Mr. Rakesh Chopdar, Mrs. Jyoti Chopdar, and Mr. Vishnu Malpani as Whole-Time Directors for five-year terms.
Azad Engineering Limited held its 43rd Annual General Meeting on September 29, 2026. The meeting transacted ordinary and special business, including director appointments and remuneration approvals.
AZAD Engineering inaugurated two exclusive lean manufacturing facilities in Hyderabad for GE Vernova's Gas Power business. These state-of-the-art centers expand the company's dedicated footprint to three facilities.
Azad Engineering is sending letters to shareholders lacking registered email IDs, providing a weblink to access the 43rd AGM notice and FY 2025-26 Annual Report.
Azad Engineering Limited has released its Annual Report for the financial year 2025-26, including the notice for the upcoming 43rd Annual General Meeting.
Azad Engineering delivered robust Q1 FY27 results with 26.8% revenue growth. Strategy focuses on high-precision energy and aerospace propulsion systems, highlighted by the delivery of India's first indigenous turbojet engine.
Azad Engineering submitted its monitoring agency report detailing the utilization of QIP proceeds for the quarter ended June 30, 2026. Funds remain within specified objects.
Azad delivered strong FY27 Q1 results, hitting guidance with 27% revenue growth. The standout is the successful delivery of India's first indigenous turbojet engine, signaling a high-margin structural shift into complex propulsion systems.
Azad Engineering delivered strong Q1FY27 results with consolidated revenue growing 25.9% YoY. The company achieved a historical milestone by delivering its first indigenous turbojet engine to DRDO/Ministry of Defence.
Azad Engineering Limited will hold a board meeting on August 7, 2026, to consider its unaudited standalone and consolidated financial results for the quarter.
Azad Engineering has delivered its first expendable indigenous turbo jet engine to the DRDO. This milestone highlights the company's capabilities in precision manufacturing for the defence sector.
Azad Engineering Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report details the company's adherence to SEBI regulations.
Azad Engineering delivered a strong Q4 FY26 with 26.4% revenue growth. The company is transitioning from a heavy capex phase to a conversion and execution phase across global OEM platforms.
Azad Engineering Limited reported utilization of its ₹700.00 Crore QIP proceeds. While ₹540.27 Crore is deployed, timeline for remaining funds is extended to March 2027.
Azad Engineering granted 80,000 ESOPs at an exercise price of ₹1,050 each. The ₹8.4 Crore grant aims to incentivize employees with a one-year vesting period.
Azad Engineering re-appointed Rakesh Chopdar as CEO and Chairperson for a five-year term. Jyoti Chopdar and Vishnu Malpani were also re-appointed as Executive Directors.
Azad Engineering approved the five-year re-appointment of its Executive Chairman and two Whole-Time Directors. These leadership extensions ensure management continuity for investors.
Azad Engineering scheduled a board meeting on May 15, 2026, to approve audited financial results. The trading window remains closed until May 17, 2026.
Nomura India Investment Fund Mother Fund and associated entities reduced their stake in Azad Engineering Limited from 5.13% to 3.08%. The sale of 1,321,713 shares was executed via secondary market transactions on April 27, 2026. This divestment represents a significant 2.05% reduction in the institutional holding of the company.
Azad Engineering Limited signed an amendment to its Strategic Supply Agreement with Nuovo Pignone S.r.l. (Baker Hughes). The contract, expiring in 2030, involves supplying critical turbomachinery components for power generation. While financial terms remain confidential, the agreement addresses increased demand and strengthens the company's position in the global energy equipment supply chain.
Azad Engineering inaugurated a 7,600 sq. m. dedicated lean manufacturing facility for Baker Hughes in Hyderabad. The state-of-the-art facility, part of its Centre of Excellence, employs ~230 professionals. This milestone strengthens a strategic eight-year collaboration for critical turbine components, positioning Azad as an integral part of Baker Hughes' global supply chain.