Projected Income Statement: Azad Engineering Limited

Forecast Balance Sheet: Azad Engineering Limited

Fiscal Period: March 2023 2024 2025 2026 2027
Net Debt 1 - - -4,534 -4,203 -3,780
Change - - - -1,564.46% 10.06%
Announcement Date 10/3/23 5/21/24 5/23/25 - -
1INR in Million
Estimates

Cash Flow Forecast: Azad Engineering Limited

Fiscal Period: March 2024 2025 2026 2027
CAPEX 1 753.4 2,933 1,174 1,331
Change - 289.24% -22.49% 13.35%
Free Cash Flow (FCF) 1 -822.9 -2,396 -155.7 41
Change - -191.14% 76.74% 126.34%
Announcement Date 5/21/24 5/23/25 - -
1INR in Million
Estimates

Forecast Financial Ratios: Azad Engineering Limited

Fiscal Period: March 2023 2024 2025 2026 2027

Profitability

     
EBITDA Margin (%) - 34.21% 35.27% 36.03% 36.19%
EBIT Margin (%) - 28.19% 28.82% 29.33% 30.1%
EBT Margin (%) - 23.71% 27.12% 29.1% 30.32%
Net margin (%) - 17.19% 19.09% 20.79% 21.67%
FCF margin (%) - -24.15% -52.39% -2.54% 0.49%
FCF / Net Income (%) - -140.48% -274.38% -12.21% 2.27%

Profitability

     
ROA - - - - -
ROE - 13.8% 8.57% 9.13% 10.9%

Financial Health

     
Leverage (Debt/EBITDA) - - 0.18x - -
Debt / Free cash flow - - -0.43x - -

Capital Intensity

     
CAPEX / Current Assets (%) - 22.11% 64.12% 19.16% 16.01%
CAPEX / EBITDA (%) - 64.62% 181.8% 53.16% 44.23%
CAPEX / FCF (%) - -91.55% -122.4% -754.5% 3,247.15%

Items per share

     
Cash flow per share 1 - - - - -
Change - - - - -
Dividend per Share 1 - - - - -
Change - - - - -
Book Value Per Share 1 - 109.1 234 250.6 280.3
Change - - 114.45% 102.59% 11.84%
EPS 1 - 11.2 14.66 20.97 29.67
Change - - 30.89% 29.16% 41.49%
Nbr of stocks (in thousands) - 59,113 64,582 64,582 64,582
Announcement Date - 5/21/24 5/23/25 - -
1INR
Estimates
2025 2026 *
P/E ratio 92.7x 77.7x
PBR 5.81x 6.5x
EV / Sales 18.2x 16.5x
Yield - -
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
1,629.20INR
Average target price
2,121.67INR
Spread / Average Target
+30.23%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. AZAD Stock
  4. Financials Azad Engineering Limited