Hyderabad Azad Engineering Limited reported revenue growth of more than 31 percent year-on-year in the third quarter of FY ’26 and said its order book exceeded INR 65 billion, providing multi-year visibility as newly built manufacturing facilities move toward stabilization. The company indicated that FY ’26 would remain a transition year, with stable operating levels expected from FY ’27 and maximum capacity utilisation from FY ’28.
“Our order book remains strong at over INR6,500 crores plus, providing multiyear revenue visibility,” said Rakesh Chopdar, Chairman and Chief Executive Officer of Azad Engineering Limited. “FY ’26 remains a transition year where stabilization efforts continue. The larger operating leverage benefits will be more visible from FY ’27 onwards as capacity utilization improves.”
Revenue for Q3 FY ’26 stood at INR 1,558 million, compared with the corresponding period a year earlier. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose more than 40 percent year-on-year to INR 601 million, while profit after tax increased over 40 percent to INR 340 million. For the first nine months of FY ’26, revenue grew nearly 32 percent year-on-year, and profitability exceeded the full-year FY ’25 level.
The company has capitalised new plants dedicated to programmes for GE, Mitsubishi and Siemens. Management said the facilities are at different stages of qualification and certification, reflecting the stringent validation processes required for aerospace and energy components.
This article was originally published on MACHINIST.IN and is republished here with permission. Read the complete original story at Azad Engineering reports INR 65 billion order book; eyes 25 percent-plus growth after capacity expansion
Saturday, February 21, 2026