CALCULATE YOUR SIP RETURNS

Azad Engineering Secures Long-Term Partnership with Rolls-Royce

Written by: Nikitha DeviUpdated on: Feb 6, 2025, 12:26 PM IST
Azad Engineering partners with Rolls-Royce to manufacture critical aircraft engine components, marking a milestone in aerospace innovation and precision engineering.
Azad Engineering Secures Long-Term Partnership with Rolls-Royce
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Azad Engineering Limited, based in Hyderabad, India, has announced a significant milestone in its partnership with Rolls-Royce PLC, London.

Details of the Partnership

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.

Q3 FY 2025 Financial Highlights

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.

About Azad Engineering Ltd

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.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

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.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers