Azad Engineering Limited · NSE:AZAD
Azad Engineering — Q1 FY2026 Earnings Presentation
32 slides from Azad Engineering's earnings presentation, Aug 4, 2025
Slide 1: Exchange filing cover letter for Investor Presentation
/\ AZA D A AZ AdNT cs/rP-Q1 (202s-2026) Date: August 04,2025 To, The Listing Department The Listing Department BSE Limited National Stock Exchange oflndia Ltd. Department of Corporate Affairs Exchange Plaza, Plot No. C/1, G Block Phiroze f eejeebhoy Towers Bandra-Kurla Complex, Dalal Street Bandra I
Slide 2: Azad Engineering Limited Investor Presentation August 2025
Azad Engineering Limited Investor Presentation August 2025
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Azad Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: Performance Update
Performance Update AZA SS
Slide 5: Q1FY26 – Highest ever quarterly performance
Q1FY26 – Highest ever quarterly performance (standalone) Rs. 1,345.1 Mn Rs. 485.1 Mn Rs. 299.9 Mn 36.7% 46.8% 75.1% 36.1% margin 22.3% margin Revenue EBITDA PAT 4
Slide 6: Performance Highlights (standalone)
Performance Highlights (standalone) “We are encouraged by the strong momentum in our business during Q1FY26, as we delivered our highest-ever quarterly performance in Rakesh Chopdar both revenue and profitability terms. This achievement was primarily driven by a robust 41.7 % YoY growth in the Energ
Slide 7: Revenue Mix - Growth momentum building across segments
Revenue Mix - Growth momentum building across segments (standalone) % Revenue (Rs. Mn) contribution Energy & Oil & Gas Aerospace & Defence Other operating* Exports# Domestic# 78.4% 81.2% 18.5% 17.1% 3.1% 1.7% 90.5% 92.0% 9.5% 8.0% +41.7% 1,092.9 +26.3% +38.9% +15.1% -27.8% 230.0 30.9 1,237.9 107.2 7
Slide 8: Standalone Profit & Loss Account
Standalone Profit & Loss Account Key Highlights Particulars (Rs. Mn) Q1FY26 Q1FY25 YoY Q4FY25 QoQ ▪ Consumption expenses as a % of sales have Revenue from Operations 1,345.1 984.1 36.7% 1,245.2 8.0% decreased from 15.6% in Q1FY25 to 12.1% as on Consumption 163.2 153.2 156.5 Q1FY26 largely owing to p
Slide 9: Key order wins in the recent past
Key order wins in the recent past Arabelle Solutions BHEL Baker Hughes GE Vernova 1. Signed a supply agreement for the 1. Secured a purchase order from 1. Signed an MoU to setup a facility to manufacture 1. Secured agreement to supply of highly engineered, supply of critical and highly Bharat Heavy
Slide 10: Inaugurated two new lean facilities as part of proposed expansion
Inaugurated two new lean facilities as part of proposed expansion Lean Manufacturing Facility (GE Vernova) at Tunikibollaram IP, Hyderabad Area: 7,600 sq. mts Inaugurated in April 2025 9 *Confidential information - Not to be shared
Slide 11: Inaugurated two new lean facilities as part of proposed expansion
Inaugurated two new lean facilities as part of proposed expansion Lean Manufacturing Facility (MHI) at Tunikibollaram, Hyderabad Area: 7,200 sq. mts Inaugurated in March 2025 10 *Confidential information - Not to be shared
Slide 12: Company Overview
Company Overview AZA NS
Slide 13: Azad Engineering Ltd.: Snapshot
Azad Engineering Ltd.: Snapshot Preferred name in the manufacturing of highly-engineered, complex and mission & life-critical components Supplying to highly regulated industries having large Direct TAM and significant entry barriers End-markets with massive TAM CY29 Aerospace & Defence INR 2,190 bn
Slide 14: Project and Life Critical Portfolio of Diversified Products (1/2)
Project and Life Critical Portfolio of Diversified Products (1/2) Energy and Oil & Gas Industry Product Category Products End-Use Industry/Application Last Stage Airfoil – Rotary & Fixed Airfoil Last Stage Airfoil - Stationary Welding Chamfers Electric Power Generation Nuclear Power Turbine – Turbin
Slide 15: Project and Life Critical Portfolio of Diversified Products (2/2)
Project and Life Critical Portfolio of Diversified Products (2/2) Aerospace Aerospace and and Defence Defence Industry Industry Product Category Products End-Use Industry/Application Housing, Compressor & Airfoils, Unison Rings, Arm, Levers Body, Assembly Aero Engine Assembly Mount Business Jet Airc
Slide 16: Significant Entry Barriers at Each Stage
Significant Entry Barriers at Each Stage Azad has delivered over 3 million mission critical parts with Zero parts per million defects requirement to its customers. Demonstrated efficiencies pursuant to machining time reduction and adherence to strict quality, resulting in competitive strength agains
Slide 17: Critical Source Supplier to OEMs - Aerospace & Defence
Critical Source Supplier to OEMs with High Global Market Penetration - Aerospace & Defence Azad is a supplier to six of the key manufacturers in aerospace and defence industry Addressable market Growth Drivers Key components used in an aircraft Aerospace & Defence1 • Opportunity to increase wallet s
Slide 18: Critical Source Supplier to OEMs – Energy Turbine Industries
Critical Source Supplier to OEMs with High Global Market Penetration – Energy Turbine Industries Azad, being a critical components supplier, is a key link in the global supply chain for the OEMs Azad’s customer market share in Global turbine components1 Rs. 310 Bn Supplier to five of the key manufac
Slide 19: Long-standing and Deep Customer Relationships With OEMs
Long-standing and Deep Customer Relationships With OEMs As a strategic and growth partner to customers across highly regulated industries, Azad enjoys long-term relationships with high customer stickiness and a high percentage of repeat business, which allows us to have long-term contracts, a stable
Slide 20: Well-diversified Business with Global Operations
Well-diversified Business with Global Operations Azad caters to multiple customers across the globe has average relationship for over 10 years with key customers Standalone Revenue Breakup FY25 Q1FY26 Domestic Domestic UK Switzerland 8.6% 8.0% Hungary Poland France Sweden Germany Italy 91.4% 92.0% E
Slide 21: Advanced Manufacturing Facilities With Focus on Innovation and Cost Competitiveness
Advanced Manufacturing Facilities With Focus on Innovation and Cost Competitiveness Azad’s all facilities (except which are earmarked for specific clients) are fungible in nature Skilled workforce of 1,313+ personnel 1 Area Customers Existing facilities 4 facilities in Hyderabad 20,000 sq. mts Multi
Slide 22: Experienced Promoter and Board of Directors
Experienced Promoter and Board of Directors…. Rakesh Chopdar Murli Krishna Bhupatiraju Vishnu Malpani Chairman & CEO Managing Director Whole-Time Director pic • Involved with Azad since 2003 with • Holds PhD (Ohio State University), • Previously worked with Wipro two decades of experience MBA (Michi
Slide 23: ….with Strong Management Team
….with Strong Management Team Ronak Jajoo Ashok Gentyala Balaji PR Chief Financial Officer Head - Engineering & Operations Head – Business Growth • Passed the examination for post • Holds a diploma in mechanical • Previously worked with Miranda graduate degree in business engineering Tools, Helix To
Slide 24: Unique positioning of Azad
Best-in-class engineering portfolio lending a strong moat with significant entry barriers Supplier of choice to highly regulated industries Producer of mission critical components; High complexity and precision requirements Long haul journey with vendor qualifications taking up to 30-48 months
Slide 25: Way Forward
Way Forward AZA SS
Slide 26: Key Strategies Going Forward
Key Strategies Going Forward • Wallet share gains driving revenue from existing long-standing clients Increasingly catering to diverse component needs for clients, reflected in growing order book across key clientsMultiple customers • Utilizing existing product and technology capabilities to serve n
Slide 27: Historical financials
Historical financials acADS
Slide 28: Consistent Track Record of Financial Performance (Standalone)
Consistent Track Record of Financial Performance (Standalone) Margin Revenue From Operations Adj. EBITDA* & EBITDA Margin PAT and PAT Margin In Rs. Mn 31.2% 32.5% 31.6% 34.5% 36.3% 11.2% 14.4% 3.4% 17.2% 19.5% 4,529.3 1,645.7 +39.2% 3,407.7 885.3 +44.6% 1,174.5 +60.0% 2,516.8 585.8 1,944.7 795.4 631
Slide 29: Restated Standalone Statement of Profit and Loss
Restated Standalone Statement of Profit and Loss CAGR (FY21- (Rs. Mn) FY25 FY24 FY23 FY22 FY21 25) Revenue from Operations 4,529.3 3,407.7 2,516.8 1,944.7 1,205.1 39.2% Consumption 627.2 460.2 301.5 207.6 137.5 ▪ Non-recurring expenses include: Employee expenses 909.9 742.7 592.7 462.7 316.2 ▪ Fire
Slide 30: Restated Consolidated Statement of Profit and Loss
Restated Consolidated Statement of Profit and Loss Particulars (Rs. Mn) FY25 FY24 FY23 FY22 Revenue from Operations 4,573.5 3,407.7 2,516.8 1,944.7 Consumption 636.8 460.2 301.5 207.6 Employee expenses 928.7 742.7 592.7 462.7 Other Expenses 1,395.0 1,039.0 899.8 651.7 Reported EBITDA 1,613.1 1,165.9
Slide 31: Adj EBITDA & Reported EBITDA Bridge
Adj EBITDA & Reported EBITDA Bridge (Rs. Mn) FY25 FY24 FY23 FY22 FY21 (A) Adj EBITDA 1,645.7 1,174.5 795.4 631.5 376.3 (B) Non - Recurring Expenses Fire related expenses 0.0 0.0 63.0 0.0 0.0 Provision for credit impaired trade receivable 35.8 8.6 4.8 2.4 7.9 Professional and consultancy charges 0.0
Slide 32: For more information Please contact
For more information Please contact: Company: Investor Relations Advisor: Azad Engineering Limited: Strategic Growth Advisors Pvt Ltd. CIN: L74210TG1983PLC004L32 CIN: U74140MH2010PTC204285 Mr. Ful Kumar Gautam, Company Secretary & Shikha Puri / Srushti Pathak Compliance Officer Email id: shikha.puri