AZAD

Azad Engineering Limited announced that its officials will attend an Investor Conference organized by Axis Capital on June 2, 2026, from 9:00 a.m. (IST) onwards, in Mumbai. The meeting will involve 1x1 / Group discussions based on publicly available information, with no unpublished price sensitive information (UPSI) intended to be discussed.

Management reported FY'26 as a year of calibrated execution, achieving highest ever revenue, EBITDA, and PAT. The company is confident in delivering over 25% top-line growth for FY'27 and on a multi-year basis, driven by the conversion of long-standing qualifications, commissioning of new facilities (4 completed, 4 more by end of FY'27), and deepening customer relationships, including an 8-year single-source contract with Mitsubishi Heavy Industries. The order book stands strong at approximately INR6,500 crores, providing 5-6 years of revenue visibility. EBITDA margins are expected to be above 33-35%, with new contracts anticipated to be margin accretive. FY'26 Capex was INR392 crores, with a planned additional INR180-190 crores for FY'27 for upcoming plants. Working capital cycle is expected to normalize, reducing inventory days from H1 to H2 FY'27. Long-term strategy includes diversifying the business, with Energy contributing 55-60% and other verticals, including Aerospace & Defence and Oil & Gas, making up the rest over the next 4-5 years.

Azad Engineering Limited announced the availability of the audio recording of its Earnings Conference Call for the quarter and financial year ended March 31, 2026. The conference call, discussing the audited standalone and consolidated financial results, was organized on May 16, 2026, and the recording is accessible via a provided link.

Consolidated Revenue ₹1,615.4 Mn vs ₹1,269.3 Mn (▲27.3% YoY), EBITDA ₹613.2 Mn vs ₹455.9 Mn (▲34.5% YoY), PAT ₹368.1 Mn vs ₹248.1 Mn (▲48.4% YoY). EBITDA Margin 38.0% vs 35.9% (▲210bps).

Azad Engineering Limited has revised the schedule for its Analyst/Investor Earnings Conference Call. The call, which will discuss the audited financial results for the quarter and financial year ended March 31, 2026, will now be held on Saturday, May 16, 2026, at 11:00 A.M. (IST), instead of the previously announced time of 12:00 P.M. (IST).

Azad Engineering Limited granted 80,000 employee stock options under its 'Azad ESOP Scheme 2024' on May 12, 2026. The options have an exercise price of INR 1,050 per option, covering 80,000 equity shares. Vesting of these options will begin one year from the grant date.

Azad Engineering Limited's Board of Directors, at its meeting on May 12, 2026, approved the re-appointment of Mr. Rakesh Chopdar (Whole-Time Director, Executive Chairman, and CEO), Mrs. Jyoti Chopdar (Whole-Time Director), and Mr. Vishnu Malpani (Whole-Time Director). Each re-appointment is for a term of five years, effective from September 13, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting.

Azad Engineering Limited announced an Analyst/Investor Earnings Conference Call scheduled for Saturday, May 16, 2026, at 12:00 P.M. (IST). The call is being held to discuss the audited financial results for the quarter and financial year ended March 31, 2026. Key management personnel, including the Chairman & CEO, Whole-Time Director, and CFO, will participate in the call.

Azad Engineering Limited signed Amendment No. 3 to its Strategic Supply Agreement with Nuovo Pignone S.r.l. (Baker Hughes) on April 23, 2026. This amendment, extending to December 2030, is due to a significant increase in annual demand for critical turbomachinery components, strengthening its long-term partnership.

On April 23, 2026, Azad Engineering inaugurated a 7,600 sq. m. exclusive lean manufacturing facility in Hyderabad for Baker Hughes. This state-of-the-art plant, part of Azad's aggressive expansion, is designed for high-precision, high-volume production, strengthening its global supply chain support.

Azad Engineering Limited has submitted the compliance certificate under SEBI (Depositories and Participants) Regulations, 2018, Regulation 74(5), for the quarter ended March 31, 2026. The certificate confirms that details of dematerialized/rematerialized securities have been furnished to stock exchanges.

Azad Engineering Limited announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of audited financial results for the quarter and financial year ending March 31, 2026, as per SEBI Insider Trading Regulations.

Azad Engineering Limited has secured an 8-year Long Term Contract & Price Agreement (LTCPA) as a Single Source Supplier Partner with Mitsubishi Heavy Industries Limited, Japan. This agreement is for the supply of highly engineered hot-section Nozzle Vanes Segments for gas turbine engines, marking a significant strategic achievement for the company.

Azad Engineering received orders on March 24, 2026, imposing an aggregate GST penalty of approx. INR 11.48 lakhs for blocked ITC and non-payment of GST for FY 2019-21. The company plans to appeal and expects a favorable outcome, envisaging no material financial impact.

Azad Engineering Limited will hold a Group Meeting with analysts/institutional investors, organized by Goldman Sachs, on March 13, 2026, at 9:00 a.m. (IST) onwards in Hyderabad. Discussions will be based on publicly available information.