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Azad Engineering IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 740.00 Cr. The company is based in Hyderabad and caters to Engineering - Heavy Machinery sector. Anand Rathi Securities , Axis Capital , ICICI Securities , SBI Capital Markets are the merchant bankers of Azad Engineering IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2023.
Azad Engineering IPO posted revenues of ₹ 339.08 crores and PAT of ₹ 53.78 crores in FY24 on annualised basis.
Revenue:
₹ 317.48 Cr.
EBITDA Margin:
33.09
% 
Net Worth: ₹ 230.53 Cr.
Market Capitalisation:
₹ 3097.52 Cr.
P/E:
10.60 times
P/BV: 3.19 times
EV/EBITDA: 32.39 times
Financial results of Azad Engineering IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 636.63 | 589.20 | 404.32 | 256.04 | |
| Net Worth | 230.53 | 203.98 | 120.00 | 90.89 | |
| Total Debt | 324.93 | 300.61 | 197.18 | 87.71 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
158.74
317.48 |
251.67 | 199.26 | 125.03 | |
EBITDA
EBITDA on annualised basis |
52.52
105.04 |
72.27 | 62.26 | 28.15 | |
PAT
PAT on annualised basis |
26.88
53.76 |
8.47 | 29.45 | 11.50 | |
Azad Engineering IPO PAT Margin is 16.93 % , ROCE (Return on Capital Employed) is 9.63 % as per latest financial. The below table shows Azad Engineering IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 33.09 | 28.72 | 31.25 | 22.51 |
| PAT Margin (%) | 16.93 | 3.37 | 14.78 | 9.20 |
| EPS (₹) | 5.43 | 1.79 | 6.49 | 2.53 |
| ROE (%) | 11.66 | 4.15 | 24.54 | 12.65 |
| ROCE (%) | 9.63 | 12.99 | 16.95 | 12.09 |
| ROA (%) | 4.22 | 1.44 | 7.28 | 4.49 |
| Debt to Equity | 1.41 | 1.47 | 1.64 | 0.97 |
The market Capitalisation of Azad Engineering IPO is ₹ 3097.52 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Azad Engineering IPO prospectus highlights an Return on Equity (ROE) of 11.66 % , Return on Assets (ROA) of 4.22 %, and an EBITDA Margin of 33.09 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Azad Engineering IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Azad Engineering IPO is ₹ 3097.52 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Azad Engineering IPO has a Price-to-Earnings (PE) ratio of 10.60 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Azad Engineering IPO reported revenue of ₹ 339.08 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Azad Engineering IPO provide insights into sales growth, market demand, and business scalability.
Azad Engineering recorded an EBITDA of ₹ 105.04 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Azad Engineering Profit After Tax (PAT) is ₹ 53.76 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 317.48 Cr.
EBITDA Margin:
33.09
%
Net Worth: ₹ 230.53 Cr.
Market Capitalisation:
₹ 3097.52 Cr.
P/E:
10.60 times
P/BV: 3.19 times
EV/EBITDA: 32.39 times
Azad Engineering operates in Engineering - Heavy Machinery and Aerospace Turbines. The Issue is listed on BSE,NSE in Dec, 2023. Azad Engineering IPO size was 740.00 with Issue price of 524.00 .
Merchant Banker(s) of Azad Engineering IPO: Anand Rathi Securities Limited , Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited
Azad Engineering IPO subscription was 83.04 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Azad Engineering IPO listed at a listing price of 677.10 against the offer price of 524.00.
The current market price of Azad Engineering is 1595.40.
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