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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.
H1FY27 consolidated revenue ₹3,635.3 Mn (+28.6%), EBITDA 37.6% margin, PAT ₹660.9 Mn (+6.5%). Q2 PAT fell 5.2% despite 31.1% revenue growth. Capacity ramp is the thesis.
Azad Engineering Ltd reported revenue from operations of ₹190.9 Cr (+31.1% YoY) and net profit of ₹30.9 Cr (-5.2% YoY) for Q2 FY27.
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.
The company filed its quarterly shareholding pattern for the period ended September 30, 2026, as per standard SEBI disclosure requirements.
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.