Azad Engineering Ltd
NSE: AZAD BSE: 544061
₹2749.80
-121.30 (4.22%)
Thu, 22 Oct 2026, 08:58 pm
Market Cap (in Cr)18542.06
PE Ratio127.78
Dividend0
Producer Manufacturing
Metal Fabrication
24.5KAzad Engineering Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Interest expense on debt | -43.50M | -106.49M | -442.14M | -458.38M | -227.50M |
| Pretax equity in earnings | 0 | 0 | 0 | 0 | 0 |
| Equity in earnings | 0 | 0 | 0 | 0 | 0 |
| Total assets | 2.56B | 4.04B | 5.89B | 7.97B | 18.61B |
| Total current assets | 1.26B | 1.68B | 2.84B | 4.22B | 11.97B |
| Cash and short term investments | 171.85M | 176.73M | 527.33M | 589.18M | 6.97B |
| Cash & equivalents | 17.74M | 44.25M | 194.06M | 281.86M | 6.91B |
| Short term investments | 154.11M | 132.48M | 333.27M | 307.32M | 61.94M |
| Total receivables, net | 538.09M | 762.70M | 1.20B | 1.87B | 2.29B |
| Accounts receivable - trade, net | 525.75M | 746.31M | 1.19B | 1.70B | 2.23B |
| Other receivables | 12.34M | 16.39M | 18.26M | 167.05M | 53.77M |
| Total inventory | 438.17M | 648.74M | 971.99M | 1.47B | 2.14B |
| Other current assets, total | 93.58M | 79.06M | 114.65M | 276.20M | 561.77M |
| Total non-current assets | 1.30B | 2.37B | 3.06B | 3.75B | 6.64B |
| Long term investments | 32.36M | 21.43M | 21.30M | 199.51M | 212.57M |
| Note receivable - long term | — | — | — | — | 18.87M |
| Investments in unconsolidated subsidiaries | 0 | 0 | 0 | 0 | 0 |
| Other investments | 32.36M | 21.43M | 21.30M | 199.51M | 193.70M |
| Net property/plant/equipment | 1.21B | 2.25B | 2.93B | 3.41B | 6.27B |
| Gross property/plant/equipment | 1.30B | 2.48B | 3.31B | 4.00B | 7.13B |
| Deferred tax assets | — | — | — | — | — |
| Net intangible assets | 0 | 0 | 0 | 0 | — |
| Goodwill, net | 0 | 0 | 0 | 0 | 0 |
| Other intangibles, net | 0 | 0 | 0 | 0 | — |
| Other long term assets, total | 15.81M | 25.33M | 42.71M | 80.75M | 102.77M |
| Short term debt | 462.53M | 746.27M | 797.40M | 103.15M | 749.84M |
| Current portion of LT debt and capital leases | 164.13M | 208.24M | 244.22M | 99.15M | 261.69M |
| Short term debt excl. current portion of LT debt | 298.40M | 538.03M | 553.18M | 4.00M | 488.15M |
| Accounts payable | 373.05M | 425.45M | 475.35M | 499.54M | 801.08M |
| Income tax payable | 39.07M | 84.18M | 24.93M | 27.92M | 178.64M |
| Long term debt | 414.60M | 1.23B | 2.21B | 291.18M | 1.88B |
| Long term debt excl. lease liabilities | 414.60M | 1.23B | 2.21B | 291.18M | 1.88B |
| Total equity | 908.92M | 1.20B | 2.04B | 6.45B | 13.93B |
| Shareholders' equity | 908.92M | 1.20B | 2.04B | 6.45B | 13.94B |
| Common equity, total | 908.92M | 1.20B | 2.04B | 6.45B | 13.94B |
| Other common equity | -400.00K | 35.18M | 37.24M | 34.70M | -191.87M |
| Total debt | 877.13M | 1.97B | 3.01B | 394.33M | 2.63B |
| Net debt | 705.28M | 1.80B | 2.48B | -194.85M | -4.34B |
| Change in accounts receivable | -111.64M | -237.97M | -417.92M | -528.05M | -555.78M |
| Change in taxes payable | — | — | — | — | — |
| Change in accounts payable | 73.47M | 76.84M | 49.90M | 4.53M | 302.44M |
| Change in other assets/liabilities | 47.78M | -6.69M | -133.31M | -495.26M | -158.10M |
| Sale of fixed assets & businesses | 0 | 0 | 18.77M | 160.88M | 0 |
| Purchase/sale of investments, net | -154.11M | 21.73M | -200.79M | 25.95M | -6.25B |
| Sale/maturity of investments | — | 21.73M | — | 25.95M | — |
| Purchase of investments | -154.11M | 0 | -200.79M | 0 | -6.25B |
| Other investing cash flow items, total | 0 | 0 | 0 | 0 | 0 |
| Issuance/retirement of debt, net | 289.70M | 1.09B | 1.21B | -1.21B | 2.06B |
| Issuance/retirement of long term debt | 142.70M | 210.93M | -437.36M | -517.66M | 1.58B |
| Issuance/retirement of short term debt | 147.00M | 283.74M | 51.13M | -696.96M | 484.15M |
| Issuance/retirement of other debt | 0 | 600.00M | 1.60B | — | — |
| Total cash dividends paid | 0 | 0 | 0 | 0 | 0 |
| Other financing cash flow items, total | 0 | 0 | 0 | 0 | 0 |
