AZAD NSE filing

Azad Engineering Q2FY27 Results: Revenue up 31.1%, EBITDA surges 37.5%

The RealCase readHigh impact Positive

Azad Engineering reported strong H1FY27 results with consolidated revenue at ₹3,635.3 million (up 28.6% YoY) and EBITDA at ₹1,366.4 million (up 34.3% YoY). Standalone H1FY27 revenue was ₹3,583.2 million (up 29.3% YoY). The company has commissioned all six lean facilities and expects revenue ramp-up from Q3 FY27, targeting over ₹1,300 crore annual revenue run-rate by FY28.

Why it matters

The announcement includes detailed financial results for the quarter and half-year, along with management's outlook and future growth strategies. This level of detail and forward-looking guidance typically has a high impact on investor sentiment and stock performance.

The market read

The company reported significant year-on-year growth in revenue and EBITDA for both the quarter and half-year, indicating positive operational performance. The management commentary suggests confidence in future growth and capacity utilization.

Azad Engineering Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company will use this investor presentation for its earnings conference call scheduled for November 7, 2026, at 12:00 Noon IST.

For the second quarter of FY27, consolidated revenue increased by 31.1% year-on-year to ₹1,909.4 million, with EBITDA growing by 37.5% YoY to ₹722.7 million and PAT rising by 16.2% to ₹309.3 million. On a standalone basis, Q2FY27 revenue grew by 31.6% YoY to ₹1,878.0 million, EBITDA increased by 37.1% YoY to ₹704.4 million, and PAT saw a 16.4% margin.

In the first half of FY27, consolidated revenue stood at ₹3,635.3 million, a 28.6% YoY increase, accompanied by a 34.3% YoY rise in EBITDA to ₹1,366.4 million and a 18.2% margin for PAT. Standalone H1FY27 revenue was ₹3,583.2 million, up 29.3% YoY, with EBITDA at ₹1,345.1 million (37.5% margin) and PAT at ₹671.7 million (18.7% margin).

Rakesh Chopdar, Chairman & CEO, highlighted steady progress in H1 FY27, with all six lean facilities commissioned. He noted that the company has completed the foundational setup for converting capacity into revenue, including capital deployment, team hiring, production readiness, and customer qualifications. Throughput from new capacity is expected to begin in Q3 FY27, with full ramp-up by Q2 FY28, positioning the company for an annual revenue run-rate of over ₹1,300 crore by the end of FY28 and reiterating a long-term annual revenue growth guidance of over 25%.

Filing to action

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Azad Engineering Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Azad Engineering Limited. Read the original for the full detail.

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