What we do Azad Engineering Ltd manufactures highly engineered, mission-critical precision components for aerospace, defence, energy, and oil & gas industries globally. |
Founded in 1,983 |
Market share Key supplier to major global OEMs with leadership in aerospace and turbine components, commanding significant export revenue share (~92%). |
Problem solved Provides complex, defect-free components critical for high-reliability aerospace engines, power turbines, and drilling equipment. |
Top clients or who we serve Global OEMs in aerospace, defence (e.g., Boeing, Honeywell), energy (e.g., GE Vernova, Mitsubishi), and oil & gas sectors; B2B focus. |
Key management Rakesh Chopdar (Chairman & CEO), Murali Krishna Bhupatiraju (Managing Director, PhD Ohio State), Deepak Kabra (Independent Director, finance expert). |
Our journey and innovations Incorporated in 1983; established CNC, forge, and heat treatment; launched IPO in 2023; expanded manufacturing with new dedicated lean facilities in 2025. |
Where we operate India-based with exports to over 12 countries including USA, Europe, Middle East; significant presence in global aerospace and energy markets. |
Top products or what we offer Precision forged and machined airfoils, blades, engine components, actuator systems for aerospace, defence missiles, land-based turbines, and oil drilling rigs. |
Top brands Not applicable; operates as a B2B high-precision component supplier under Azad Engineering brand. |
Raw materials needed High-grade alloys for forging and machining precision aerospace and energy components. |
Raw materials supplier Confidential supplier details; raw materials sourced to meet stringent aerospace standards. |
Recurring vs cyclical contribution Revenue primarily recurring due to long-term contracts with OEMs and multi-year supply agreements. |
Our industry position Market leader with 32.9% revenue growth in FY25; strategic supplier to dominant global OEMs with increasing order book strength. |
Financial highlights FY25 consolidated revenue Rs 457.35 Cr, net profit Rs 87.32 Cr; strong 30%+ growth trajectory and improving margins. |
Geographical revenue split Approximately 91% revenue from exports and 9% domestic in FY25, serving customers in multiple global regions. |
Order book Robust order book backed by multi-million USD contracts with GE Vernova, Mitsubishi Heavy Industries, Honeywell, and others. |
Whats driving growth Capacity expansion, new lean manufacturing plants, long-term OEM contracts, and strategic geographic market penetration. |
Our future plans Continue capacity growth, expand product portfolio, enhance technological capabilities, and explore strategic acquisitions. |
Our green promise Complies with relevant environmental standards; working towards sustainable manufacturing practices (details not specified). |
Our people and values Over 1,300 skilled employees, strong leadership with engineering and financial expertise, focus on operational excellence and safety. |
Key challenges ahead Managing capital-intensive expansions, meeting zero defect quality consistently, and navigating global supply chain dynamics. |
Interesting facts Has delivered over 3 million mission-critical parts with zero defect rate; recognized for excellence by multiple global aerospace and energy OEMs. |
Risks and strategy Risks include dependency on OEM cycles and raw material costs; strategies include diversification, innovation, and strong customer partnerships. |
