Azad Engineering Limited (NSE:AZAD)
India flag India · Delayed Price · Currency is INR
2,766.60
-61.80 (-2.18%)
Aug 20, 2026, 3:29 PM IST

Azad Engineering Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Azad Engineering stock has a consensus rating of "Buy" and an average price target of ₹2,534. The average 1-year stock price forecast is 8.42% lower than the current stock price, while the lowest is ₹2,050 (-25.90%) and the highest is ₹3,315 (+19.82%).

Price Target: ₹2,534 (-8.42%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹2,050₹2,534₹2,600₹3,315
Change-25.90%-8.42%-6.02%+19.82%
* Price targets were last updated on Feb 16, 2026.

Analyst Ratings

The average analyst rating for Azad Engineering stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy455334
Buy111222
Hold000110
Sell000110
Strong Sell000001
Total566777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
ICICI Securities
No rating
ICICI Securities
Buy
Maintains
₹1,900
BuyMaintains₹1,900-31.32%Feb 16, 2026

Financial Forecast

Revenue This Year
8.09B
from 6.03B
Increased by 34.25%
Revenue Next Year
11.01B
from 8.09B
Increased by 36.03%
EPS This Year
25.69
from 20.57
Increased by 24.91%
EPS Next Year
36.88
from 25.69
Increased by 43.55%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.94B2.52B3.41B4.57B6.03B8.09B
Revenue Growth
58.46%29.42%35.40%34.21%31.84%34.25%
Gross Profit
1.73B2.19B2.92B3.90B5.45B6.69B
Gross Margin
88.85%87.15%85.72%85.18%90.36%82.60%
Operating Income
491.13M588.74M960.58M1.32B1.72B2.58B
Net Income
294.57M84.73M585.80M873.18M1.33B1.67B
EPS
----20.5725.69
EPS Growth
----40.31%24.91%
Forward PE
--102.0866.1460.02107.68
Free Cash Flow
-1.05B-1.50B-1.16B-9.08B-1.16B-1.19B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High8.2B
Avg8.1B
Low8.0B

Revenue Growth

Revenue Growth202720282029
High
36.0%
Avg
34.2%
Low
32.9%

EPS Forecast

EPS202720282029
High30.20
Avg25.69
Low22.90

EPS Growth

EPS Growth202720282029
High
46.8%
Avg
24.9%
Low
11.3%