| Scrip Code | 544061 |
|---|---|
| NSE Symbol | AZAD |
| MSEI Symbol | NOTLISTED |
| ISIN | INE02IJ01035 |
| Name of company | AZAD ENGINEERING LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 13-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-02-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | Manufacturing |
| Start date and time of board meeting | 13-02-2026 17:00:00 |
| End date and time of board meeting | 13-02-2026 17:59:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| No default during the quarter with respect to loans and other borrowings | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 15,580.40 | 43,298.30 | |
| Other income | 862.20 | 3,049.30 | |
| Total income | 16,442.60 | 46,347.60 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 3,902.70 | 9,791.90 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (2,582.80) | (5,072.00) |
| (d) | Employee benefit expense | 3,304.20 | 9,391.70 |
| (e) | Finance costs | 805.60 | 2,008.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,355.20 | 3,405.20 |
| (f) | Other Expenses | ||
| 1 | Stores and spares consumed | 710.20 | 1,834.20 |
| 2 | Job work charges | 875.30 | 2,658.20 |
| 3 | Repairs and maintenance | 168.30 | 518.90 |
| 4 | Transportation charges | 368.80 | 964.90 |
| 5 | Power and fuel | 623.00 | 1,722.80 |
| 6 | Travelling and conveyance expenses | 114.00 | 297.20 |
| 7 | Rent | 44.20 | 120.50 |
| 8 | Rates and taxes | 85.40 | 254.80 |
| 9 | Printing , stationary, postage and courier | 32.40 | 91.80 |
| 10 | Others | 1,925.90 | 4,725.00 |
| Total other expenses | 4,947.50 | 13,188.30 | |
| Total expenses | 11,732.40 | 32,713.10 | |
| 3 | Total profit before exceptional items and tax | 4,710.20 | 13,634.50 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 4,710.20 | 13,634.50 |
| 6 | Tax expense | ||
| 7 | Current tax | 661.60 | 2,646.80 |
| 8 | Deferred tax | 644.30 | 1,284.50 |
| 9 | Total tax expenses | 1,305.90 | 3,931.30 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 3,404.30 | 9,703.20 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 3,404.30 | 9,703.20 |
| 17 | Other comprehensive income net of taxes | (51.30) | (43.20) |
| 18 | Total Comprehensive Income for the period | 3,353.00 | 9,660.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,291.60 | 1,291.60 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 5.27 | 15.02 | |
| Diluted earnings (loss) per share from continuing operations | 5.27 | 15.02 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 5.27 | 15.02 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 5.27 | 15.02 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1. The above standalone unaudited financial results of Azad Engineering Limited (the Company) for the quarter and nine months ended December 31, 2025 were reviewed and recommended by the Audit Committee and approved by the Board of directors at their respective meetings held on February 13, 2026. The Statutory Auditors have issued an unmodified conclusion in respect of limited review for the quarter and nine months ended December 31, 2025. 2. 'The above results of the company have been prepared in accordance with the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 (the Act”) read with relevant rules issued thereunder, other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India (“SEBI”). 3. During the quarter ended March 31, 2025, pursuant to Qualified Institutions Placement (‘QIP’) the Company issued and allotted 5,468,750 equity shares of face value of Rs. 2 each, to eligible Qualified Institutional Buyers (‘QIBs’) at the issue price of Rs. 1,280 (including a premium of Rs. 1,278 per equity share) aggregating to Rs. 7,000.00 Mn. The issue was made in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The details of funds raised through Qualified Institutional Placement (QIP) by the Company and utilisation of said funds as of December 31, 2025 are as mentioned in the PDF uploaded on the website of the company and of the Stock Exchanges. 4. On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, (‘Labour Codes’) which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post-employment. The Labour Codes, amongst other things introduce a change in the definition of wages. The Company has assessed the financial implications of this change which has resulted in increase in gratuity liability arising out of total service cost of Rupees 1.28 Mn included employee benefits expense.The Company has assessed and believe that the incremental impact of these changes based on best information available is not material. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect based on such developments as needed. 5. The operations of the Company predominantly relate to the manufacture and sale of high precession and OEM components. As such there is only one primary reportable segment as per Ind AS 108 Operating Segments. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement gains / (losses) on defined benefit plans | (72.40) | (61.00) |
| Total Amount of items that will not be reclassified to profit and loss | (72.40) | (61.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (21.10) | (17.80) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | (51.30) | (43.20) |
| Mode of Fund Raising | QIP |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 03-03-2025 |
| Amount Raised | 70,000.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | CARE Rating Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Funding and part-funding the capital expenditure of the company | NA | 52,500.00 | 0.00 | 32,271.00 | 0.00 | |
| 2 | General Corporate Purpose | NA | 15,621.00 | 0.00 | 15,621.00 | 0.00 | |
| 3 | Issue Expenses | NA | 1,879.00 | 0.00 | 1,474.00 | 0.00 |
| Name of signatory | Praneeth Abhishek Gunda |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Hyderabad |
| Date | 13-02-2026 |