Azad Engineering Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Azad Engineering Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every ₹100 of sales, ₹87 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹57 tied up three years earlier. More money tied up than 95% of Industrials companies in India.
- Growth Efficiency Ratio: Sales grew 146% in 3 years; of every extra ₹100 of sales, ₹35 became extra profit. Higher than 91% of Industrials companies in India.
- Debt Due Cover Ratio: Operating cash was negative last year, while some debt falls due within a year. Lower than 91% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹-26Over the last 3 years, every ₹100 of reported profit came with ₹-26 of operating cash.
Lower than 83% of Industrials companies in India.
Self-Funding Ratio
-0.1×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 78% of Industrials companies in India.
Cash Locked Ratio
₹87For every ₹100 of sales, ₹87 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹57 tied up three years earlier.
More money tied up than 95% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹35Sales grew 146% in 3 years; of every extra ₹100 of sales, ₹35 became extra profit.
Higher than 91% of Industrials companies in India.
Asset Productivity Ratio
+146% / +273%In 3 years sales changed by +146% while total assets changed by +273%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
-0.7×Operating cash was negative last year, while some debt falls due within a year.
Lower than 91% of Industrials companies in India.
Cash Cushion Ratio
−3%Debt, after subtracting cash, equals 3% of its market value (net debt).
Higher than 50% of Industrials companies in India.
Tangible Assets Ratio
—Data incomplete
Tangible Net Worth Ratio
—Data incomplete
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Azad Engineering Limited owes ₹0.31 for every ₹1 it owns. Net profit rose 52% in the year to Mar 2026, and grew 150% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
115.3Investors pay ₹115.3 for every ₹1 of Azad Engineering Limited's yearly profit, higher than 95% of Industrials companies in India.
P/B ratio
10.47The share price is 10.47 times Azad Engineering Limited's book value per share, higher than 90% of Industrials companies in India.
Market cap
₹16,008 CrThe total market value of all of Azad Engineering Limited's shares at today's price (share price × number of shares), larger than 86% of Industrials companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹1,529 CrWhat Azad Engineering Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹236.74Net worth divided by the number of shares. The share price of ₹2,479 is 10.5 times this, which is the P/B above.
Return on equity (ROE)
9.1%Azad Engineering Limited earned 9.1% on its shareholders' money over the last year, lower than 64% of Industrials companies in India.
Owes vs Owns
0.31×Azad Engineering Limited owes ₹0.31 for every ₹1 it owns (low), lower than 70% of Industrials companies in India.
Dividend yield
NoneAzad Engineering Limited does not currently pay a dividend.
Revenue growth
+34%Revenue rose 34% in the year to Mar 2026, and grew 35% a year on average over 3 years.
Profit growth
+52%Net profit rose 52% in the year to Mar 2026, and grew 150% a year on average over 3 years.
Profit margin
22.4%Azad Engineering Limited keeps ₹22 of every ₹100 of revenue as net profit.
Cash quality
-0.9×Cash from Azad Engineering Limited's business was -0.9× its reported profit in the year to Mar 2026 — the business used cash even though it reported a profit.
Interest cover
7.9×Azad Engineering Limited's operating profit covered its interest costs 7.9 times in the year to Mar 2026.
Cash vs debt
Net debtAzad Engineering Limited had ₹450 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Azad Engineering Limited's P/E ratio?
Investors pay ₹115.3 for every ₹1 of Azad Engineering Limited's yearly profit, higher than 95% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Azad Engineering Limited: ₹16,008 Cr ÷ ₹1,529 Cr (31 Mar 2026) = 10.5.
What is Azad Engineering Limited's return on equity?
Azad Engineering Limited earned 9.1% on its shareholders' money over the last year, lower than 64% of Industrials companies in India.
How much does Azad Engineering Limited owe compared with what it owns?
Azad Engineering Limited owes ₹0.31 for every ₹1 it owns (low), lower than 70% of Industrials companies in India.
Does Azad Engineering Limited pay a dividend?
No. Azad Engineering Limited does not currently pay a dividend.
Is Azad Engineering Limited's revenue growing?
Revenue rose 34% in the year to Mar 2026, and grew 35% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.