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Hyderabad Facility Opens, Boosts Baker Hughes Deal
Azad Engineering has opened a new 7,600-square-meter advanced manufacturing facility in Hyderabad. This facility is dedicated to supporting energy giant Baker Hughes, producing critical turbo machinery components with high precision and volume. The company also extended its strategic supply agreement with Baker Hughes subsidiary Nuovo Pignone S.r.l. until December 2030, securing continued business for essential turbo machinery parts.
Core Business: Precision Components
Azad Engineering is a leader in global precision manufacturing, creating highly engineered, complex, and mission-critical components. The company serves demanding sectors including aerospace and defense, energy, oil and gas, and industrial technology, where extreme accuracy and reliability are essential.
Strong Financials Show Revenue Surge, Big Order Book
Financially, Azad Engineering reported robust performance for the nine months ending December 31, 2025. Revenue grew by a substantial 32% year-on-year to ₹432.98 crore. Profit after tax (PAT) reached ₹97.03 crore, already exceeding the company's total profit for FY25. The company's order book stood strong at over ₹6,500 crore, offering significant future revenue visibility.
Future Growth Plans and Analyst Confidence
Looking ahead, management expects stable operations by FY27 and full capacity utilization by FY28, supported by scalable infrastructure designed for sustained growth. The company is confident in achieving over 25% annual revenue growth, viewing FY26 as a transition year. ICICI Securities noted that the new facility supports expansion to meet demand from a substantial order book, valued at approximately ₹6,000 crore (10.7 times FY26 estimated revenue). Analysts project revenue growth above 25% compounded annually, with EBITDA margins expected to remain between 33% and 35%.