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Azad Engineering Ltd
NSE: AZAD BSE: 544061
₹2033.50
(1.29%)
Mon, 25 May 2026, 01:48 pm
Market Cap123.64B
PE Ratio98.79
Dividend0
Producer Manufacturing
Metal Fabrication
24.5KCompany History
1983
- Incorporation of our Company.
2008
- Established CNC machine shop.
- Received purchase order for delivery of moving airfoils/ blades to a large government-owned power generation equipment manufacturer.
2012
- Constructed a forge shop and a heat treatment facility for production.
2014
- Moved to new facility.
2017
- Inaugurated exclusive manufacturing bay for Mitsubishi Hitachi Power Systems Industries, Ltd. to produce critical gas/ thermal turbines parts.
2019
- Entered into a long-term contract with Honeywell International Inc. for supply of aerospace products.
2021
- Acquired 23.45 acres of land to construct a new plant for production.
- Raised 600 million worth of capital for the first time by our Company.
- Entered into a long-term contract with GE Aviation for supply of aerospace products.
- Established capabilities for special processes.
2022
- Acquired 18.50 acres of land to construct a new plant for production.
- Raised 2,173 million worth of capital for the first time by our Company.
- Received the certificate for Fluid Distribution Systems from the National Aerospace and Defense Contractors Accreditation Program for the aerospace products of the Company.
- Received the National MSME Award 2022 by Ministry of Micro, Small and Medium Enterprise for first prize in manufacturing export medium Enterprise.
2023
- The name of our Company was changed to Azad Engineering Limited pursuant to the conversion of our Company from a private limited company to a public limited company.
- Onboarded marquee investors from the sports fraternity.
- A fresh certificate of incorporation was issued by the RoC.
2024
- The Company received order from Honeywell Aerospace ISC, USA, for manufacturing and supply of high complex components to meet the global demand in the aviation industry.
- The Company entered into an asset purchase agreement and related documents with Leo Primecomp Private Limited.
- The Company received order for a tenure of 5 years from Siemens Energy Global GmbH & Co. Germany to manufacture and supply critical rotating components.