Share Price and Basic Stock Data

Last Updated: November 21, 2024, 8:59 pm

Market Cap	9,411 Cr.
Current Price	1,595
High / Low	2,080/642
Stock P/E	135
Book Value	116
Dividend Yield	0.00 %
ROCE	19.9 %
ROE	12.1 %
Face Value	2.00
PEG Ratio	-4.11

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Azad Engineering Ltd

Competitors of Azad Engineering Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Azad Engineering Ltd	9,411 Cr.	1,595	2,080/642	135	116	0.00 %	19.9 %	12.1 %	2.00
Industry Average	9,411.00 Cr	1,595.00		135.00	116.00	0.00%	19.90%	12.10%	2.00

All Competitor Stocks of Azad Engineering Ltd

Quarterly Result

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	60	85	76	83	89	93	98
Expenses	42	54	50	57	56	61	65
Operating Profit	17	30	26	26	33	31	33
OPM %	29%	36%	35%	32%	37%	34%	34%
Other Income	3	5	0	11	18	3	1
Interest	13	11	10	12	19	6	3
Depreciation	4	4	5	5	5	5	6
Profit before tax	3	20	11	20	27	23	24
Tax %	-30%	26%	35%	3%	37%	34%	30%
Net Profit	4	15	7	19	17	15	17
EPS in Rs	23.19	89.96	44.80	3.92	2.84	2.53	2.90

Last Updated: October 7, 2024, 8:33 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	122	121	194	252	341	363
Expenses	81	92	132	179	224	240
Operating Profit	41	29	62	72	117	123
OPM %	34%	24%	32%	29%	34%	34%
Other Income	1	4	3	10	32	32
Interest	6	5	14	52	47	40
Depreciation	7	9	13	17	21	22
Profit before tax	30	19	39	13	81	94
Tax %	29%	29%	28%	36%	27%
Net Profit	21	14	28	9	59	68
EPS in Rs	139.44	89.28	185.04	51.52	9.91	12.19
Dividend Payout %	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-33.33%	100.00%	-67.86%	555.56%
Change in YoY Net Profit Growth (%)	0.00%	133.33%	-167.86%	623.41%

Azad Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2020-2021 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	41%
TTM:	29%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	56%
TTM:	54%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	13%
Last Year:	12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:46 pm

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	2	2	2	12	12
Reserves	85	91	118	202	633	671
Borrowings	61	87	197	300	39	162
Other Liabilities	49	77	87	85	113	126
Total Liabilities	198	257	404	589	797	971
Fixed Assets	101	114	137	210	257	277
CWIP	0	0	24	38	45	57
Investments	7	6	6	6	0	0
Other Assets	90	136	237	335	494	638
Total Assets	198	257	404	589	797	971

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	37	34	21	-10	-7
Cash from Investing Activity +	-28	-29	-114	-101	-55
Cash from Financing Activity +	-7	7	96	126	71
Net Cash Flow	1	12	3	15	9

Free Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-20.00	-58.00	-135.00	-228.00	78.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	122	159	140	172	182
Inventory Days	489	910	1,009	1,042	1,055
Days Payable	851	977	748	599	396
Cash Conversion Cycle	-240	92	401	615	841
Working Capital Days	60	133	144	236	294
ROCE %		15%	21%	16%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2023	Mar 2024	Jun 2024
Promoters	65.90%	65.90%	65.90%
FIIs	4.68%	6.98%	9.69%
DIIs	5.71%	5.00%	3.44%
Public	23.70%	22.13%	20.98%
No. of Shareholders	1,35,090	1,06,231	1,02,445

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
ICICI Prudential Flexicap Fund	831,426	0.71	100.63	403,144	2024-11-21	106.24%
Nippon India Small Cap Fund	403,144	0.11	48.79	403,144	2024-11-21	0%
Kotak Infrastructure & Economic Reform Fund - Regular Plan	233,772	1.83	28.29	403,144	2024-11-21	-42.01%
Edelweiss Recently Listed IPO Fund	150,000	1.93	18.16	403,144	2024-11-21	-62.79%
Tata Infrastructure Fund - Regular Plan	143,136	0.96	17.32	403,144	2024-11-21	-64.5%
Nippon India Value Fund	138,796	0.24	16.8	403,144	2024-11-21	-65.57%
Kotak Business Cycle Fund	116,900	0.6	14.15	403,144	2024-11-21	-71%
ICICI Prudential Transportation and Logistics Fund	113,695	0.51	13.76	403,144	2024-11-21	-71.8%
ICICI Prudential Innovation Fund	106,790	0.31	12.93	403,144	2024-11-21	-73.51%
WhiteOak Capital Flexi Cap Fund	90,982	0.35	11.01	403,144	2024-11-21	-77.43%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	2.00	10.00	10.00	10.00
Basic EPS (Rs.)	11.20	1.79	6.49	2.53
Diluted EPS (Rs.)	11.20	1.79	6.49	2.53
Cash EPS (Rs.)	13.38	151.67	282.69	134.65
Book Value[Excl.RevalReserv]/Share (Rs.)	109.12	1234.79	793.17	600.74
Book Value[Incl.RevalReserv]/Share (Rs.)	109.12	1234.79	793.17	600.74
Revenue From Operations / Share (Rs.)	57.65	1523.46	1285.31	811.11
PBDIT / Share (Rs.)	25.13	497.12	443.25	201.34
PBIT / Share (Rs.)	21.66	396.74	355.25	142.70
PBT / Share (Rs.)	13.67	79.65	265.26	107.31
Net Profit / Share (Rs.)	9.91	51.29	194.69	76.01
NP After MI And SOA / Share (Rs.)	9.91	51.29	194.69	76.01
PBDIT Margin (%)	43.60	32.63	34.48	24.82
PBIT Margin (%)	37.57	26.04	27.63	17.59
PBT Margin (%)	23.70	5.22	20.63	13.23
Net Profit Margin (%)	17.19	3.36	15.14	9.37
NP After MI And SOA Margin (%)	17.19	3.36	15.14	9.37
Return on Networth / Equity (%)	9.08	4.15	24.54	12.65
Return on Capital Employeed (%)	18.32	14.86	20.95	15.04
Return On Assets (%)	7.34	1.43	7.28	4.49
Long Term Debt / Equity (X)	0.04	1.08	1.02	0.45
Total Debt / Equity (X)	0.05	1.47	1.64	0.96
Asset Turnover Ratio (%)	0.49	0.50	0.58	0.00
Current Ratio (X)	4.29	1.91	1.13	1.12
Quick Ratio (X)	2.94	1.33	0.74	0.81
Inventory Turnover Ratio (X)	0.60	0.69	0.82	0.00
Dividend Payout Ratio (NP) (%)	14.09	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	10.43	0.00	0.00	0.00
Earning Retention Ratio (%)	85.91	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	89.57	0.00	0.00	0.00
Interest Coverage Ratio (X)	3.14	1.57	4.93	5.69
Interest Coverage Ratio (Post Tax) (X)	2.24	1.16	3.16	3.15
Enterprise Value (Cr.)	8045.07	0.00	0.00	0.00
EV / Net Operating Revenue (X)	23.61	0.00	0.00	0.00
EV / EBITDA (X)	54.15	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	23.67	0.00	0.00	0.00
Retention Ratios (%)	85.90	0.00	0.00	0.00
Price / BV (X)	12.51	0.00	0.00	0.00
Price / Net Operating Revenue (X)	23.67	0.00	0.00	0.00
EarningsYield	0.01	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Azad Engineering Ltd as of November 22, 2024 is: 1,932.76

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 22, 2024, Azad Engineering Ltd is Undervalued by 21.18% compared to the current share price 1,595.00

Intrinsic Value of Azad Engineering Ltd as of November 22, 2024 is: 1,297.86

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 22, 2024, Azad Engineering Ltd is Overvalued by 18.63% compared to the current share price 1,595.00

Last 5 Year EPS CAGR: -32.85%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (300.00 cr) compared to borrowings (141.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (232.17 cr) and profit (46.00 cr) over the years.	The stock has a low average ROCE of 14.40%, which may not be favorable. The stock has a high average Working Capital Days of 173.40, which may not be favorable. The stock has a high average Cash Conversion Cycle of 341.80, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Azad Engineering Ltd:
1. Net Profit Margin: 17.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 18.32% (Industry Average ROCE: 19.9%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 9.08% (Industry Average ROE: 12.1%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.24
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.94
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 135 (Industry average Stock P/E: 135)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.05
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Engineering - General

INDUSTRY	ADDRESS	CONTACT
90/C, 90/D, Phase-1, I.D.A. Hyderabad Telangana 500055	Mr.	Rakesh%20Chopdar Chairman%20&%20CEO

Management
Name	Position Held
Ms. Jyoti Chopdar	Whole Time Director
Mr. Vishnu Pramodkumar Malpani	Whole Time Director
Mr. Michael Joseph Booth	Independent Director
Mr. Subba Rao Ambati	Independent Director
Ms. Madhusree Vemuru	Independent Director

FAQ

What is the latest intrinsic value of Azad Engineering Ltd?

The latest intrinsic value of Azad Engineering Ltd as on 21 November 2024 is ₹1932.76, which is 21.18% higher than the current market price of ₹1,595.00.

What is the Market Cap of Azad Engineering Ltd?

The Market Cap of Azad Engineering Ltd is 9,411 Cr..

What is the current Stock Price of Azad Engineering Ltd as on 21 November 2024?

The current stock price of Azad Engineering Ltd as on 21 November 2024 is ₹1,595.

What is the High / Low of Azad Engineering Ltd stocks in FY 2024?

In FY 2024, the High / Low of Azad Engineering Ltd stocks is 2,080/642.

What is the Stock P/E of Azad Engineering Ltd?

The Stock P/E of Azad Engineering Ltd is 135.

What is the Book Value of Azad Engineering Ltd?

The Book Value of Azad Engineering Ltd is 116.

What is the Dividend Yield of Azad Engineering Ltd?

The Dividend Yield of Azad Engineering Ltd is 0.00 %.

What is the ROCE of Azad Engineering Ltd?

The ROCE of Azad Engineering Ltd is 19.9 %.

What is the ROE of Azad Engineering Ltd?

The ROE of Azad Engineering Ltd is 12.1 %.

What is the Face Value of Azad Engineering Ltd?

The Face Value of Azad Engineering Ltd is 2.00.