Azad Engineering Limited
2,555.80
INR
+15.25
(+0.60%)
ISIN
INE02IJ01035
Return %
Stock
S&P 500
1Y
53.12
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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- CEO
- Rakesh Chopdar
- Full Time Employees
- 2,848
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- 90/C, 90/D, Phase-1 Hyderabad TS India 500055
- IPO Date
- Dec 28, 2023
- Website
- azad.in
- Similar Companies
- Business
- Azad Engineering Limited manufactures highly engineered, complex, mission- and life-critical precision forged and machined components for the energy, aerospace and defense, and oil and gas industries; its core products include 3D rotating airfoils and blade portions for gas, nuclear, and thermal turbines, compressor rotor and stator blades for heavy-duty gas turbines, moving and guide blades for high-pressure and intermediate-pressure steam turbines, forged and machined low-pressure blades, shrouds, cross-fire tubes, inlet guide vanes, fasteners, hardware and accessories, aero engine blades for high-pressure compressor rotor and stator, aircraft accessories, helicopter parts, aero engine parts, body valves, housing mounts, compressor housings, fan blisks, mixed flow impellers, fan housings, shells and housings, aero structures, turbine wheels, nozzles, unison rings, lever arms, hydraulic components, fuel inerting systems, and flight control actuating systems. Founded in 1983 and headquartered in Hyderabad, Telangana, India, the company operates state-of-the-art manufacturing facilities spanning approximately 25,000 square meters with plans to expand to 175,000 square meters, serving as a trusted Tier 1 supplier to leading global OEMs and exporting 90% of its production to over 17 countries including the USA, UK, Japan, China, Saudi Arabia, Singapore, Germany, Europe, and the Middle East. Recent developments include signing a $53.5 million long-term supply contract in May 2025 with GE Vernova's Steam Power Services for high-performance parts through 2030 coinciding with the inauguration of a new lean manufacturing facility at its Centre of Excellence in Hyderabad, securing a $73.47 million long-term contract and price agreement in September 2025 with Mitsubishi Heavy Industries that elevates total deals with MHI to $156.36 million following an initial November 2024 agreement for complex rotating and stationary airfoils in advanced gas and thermal power turbine engines, and entering a strategic framework agreement in November 2025 with Pratt & Whitney Canada for the development and manufacture of aircraft engine components to bolster aerospace capabilities.