Azad Engineering Limited, based in Hyderabad, India, has announced a significant milestone in its partnership with Rolls-Royce PLC, London.
The two companies have signed a deal for Azad Engineering to manufacture critical Civil Aircraft Engine components. This long-term agreement will involve the production of supercritical, complex machined parts, supplying Rolls-Royce throughout the life of their engine programs.
The collaboration marks a new chapter in the aerospace manufacturing sector, strengthening the relationship between the two organisations. This partnership reflects a shared commitment to innovation, precision engineering, and excellence, positioning Azad Engineering as a key player in the aerospace industry.
With this deal, Azad Engineering continues to demonstrate its capabilities in advanced engineering and manufacturing, reinforcing its role in global aerospace supply chains. The agreement also highlights the growing importance of India as a hub for high-tech manufacturing in the global aerospace sector.
For the nine months, the company reported a revenue of ₹3,304.3 million, marking a 33.3% year-on-year (YoY) growth. EBITDA stood at ₹1,157.2 million, with a margin of 35.0%, reflecting a 35.8% YoY increase. Profit Before Tax (PBT) was ₹881.5 million, yielding a margin of 26.1%, and a 26.1% YoY growth. The company also recorded a Profit After Tax (PAT) of ₹617.2 million, which represents an 18.3% margin and a 41.5% YoY increase.
For the quarter, the company posted a revenue of ₹1,204.9 million, which reflects a 35.0% YoY growth. EBITDA for the period was ₹428.2 million, with a margin of 35.5%, marking a 30.8% YoY increase. PBT stood at ₹340.4 million, reflecting a 27.1% margin. PAT for the nine months was ₹237.2 million, yielding an 18.9% margin and a 41.1% YoY growth.
Founded in 1983, Azad Engineering Limited specialises in manufacturing aerospace components and turbines. The company supplies its products to original equipment manufacturers (OEMs) across the aerospace, defence, energy, and oil and gas sectors.
On February 6, 2025, Azad Engineering share price opened at ₹1,530.00, touching the day’s high at ₹1,555.65, as of 9:34 AM on the NSE.
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Published on: Feb 6, 2025, 12:26 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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