Azad Engineering Ltd

Meeting Details

• Date: August 8, 2026; Time: not disclosed.
• Type/Mode: Group earnings conference call; virtual with listen-only lines; Q&A afterward.
• Event/Organizer: Azad Engineering Limited Q1 FY27 Earnings Conference Call.
• Key participants: Chairman & CEO; Whole-Time Director; CFO.
• Purpose: Discuss Q1 FY27 results and capacity/strategy updates.
• Presentation: latest investor presentation uploaded to stock exchanges and Azad website.
• Recording: conference is being recorded; audio available on stock exchange.

Highlights & Financials

• Standalone revenue: INR 170.5 crores, up 26.8% YoY.
• Standalone EBITDA: INR 64 crores; margin 37.6%.
• Standalone PAT: INR 36.4 crores; margin 21.3%.
• Consolidated revenue: INR 172.6 crores; EBITDA INR 64.4 crores; PAT INR 35.2 crores.
• Q1 FY27: 80% expansion initiatives stabilized; rest by mid-Q2, full by Q3.
• Baker Hughes facility inaugurated April 2026; 7,600 sq m plant added.
• Tuniki Bollaram expansion underway; civil works on track for year-end.
• Revenue contribution expected in H2 FY27.
• Long-term revenue growth target: >25%; margins guided 32-35%.

Operations & Strategy

• India's first indigenous expendable turbojet engine delivered to DRDO/MoD.
• End-to-end propulsion system integration; deepened competitive moat.
• New Baker Hughes facility began operations; 4th dedicated plant.
• Dedicated plants for Mitsubishi, GE Power, Siemens; expected long-term supply chain visibility.
• Capex plan phased; next capex cycle contingent on contract flow.
• Rupee depreciation impact modest; forex hedging via natural hedge and bill discounting.
• Talent acquisition: ramping up skilled engineering workforce; 150-200 hires per month with 90-day training.

Availability

• Recording availability: conference recording; stock exchange audio.
• Presentation availability: latest investor presentation uploaded to stock exchanges and Azad website.

Issue Overview

• Type: QIP of equity shares.
• Size/status: ₹700 crore; net proceeds partially unutilised due to extension.
• Objectives: funding capex, general corporate purposes, and issue expenses.

Utilisation of Proceeds

• Utilisation not fully per offer; capex extension approved.
• Deviations: capex timeline extended to 31 Mar 2027.
• Capex status: end-quarter utilisation 417.12 crore; unutilised 107.88 crore.
• GCP status: general corporate purposes fully utilised (156.21 crore).
• Unutilised funds as on 30 Jun 2026 parked in fixed deposits and MA account.
• Unutilised deployment: FD ₹80 cr (HDFC), ₹31 cr (Yes Bank); MA ₹0.70 cr.
• Total unutilised (ex-interest): ₹110.58 crore; interest earned ₹1.12 crore.

Governance and Compliance

• Approvals: all statutory approvals obtained; board approved extension of capex timeline.
• Material events: no adverse events identified; extension disclosed.
• Other: means of finance unchanged.

General Corporate Purpose (GCP)

• GCP object utilized in full (156.21 crore).
• Board approval for allocation not explicitly noted for GCP in this report.

Meeting Details

• Date: August 8, 2026; time not disclosed.
• Earnings conference call; mode: audio recording (virtual).

Participants

• Key company participants not disclosed in filing.

Purpose

• Audio recording of earnings call for quarter ended June 30, 2026.

Additional Notes

• Recording available; transcript/presentation not indicated.

Standalone results

• Revenue from operations: Rs 1,705.79 million.
• Total income: Rs 1,745.38 million.
• Profit before tax: Rs 400.87 million.
• Profit after tax: Rs 363.52 million.
• EPS (Basic/Diluted): Rs 5.63.

Consolidated results

• Revenue from operations: Rs 7,725.99 million.
• Total income: Rs 7,767.44 million.
• Profit before tax: Rs 389.65 million.
• Profit after tax: Rs 351.50 million.
• EPS (Basic/Diluted): Rs 5.53.

Capex funding & utilisation

• Total capex funding: Rs 7,000 million.
• Utilised up to June 30, 2026: Rs 5,402.71 million.
• Unutilised capex funds as of date: Rs 1,105.80 million.

Audit status

• Limited review conducted on standalone and consolidated results.

Business model & segments

• Primary business: engineering services; consolidation includes Azad WC and Azad Prime.

Meeting Details

• Date: Aug 8, 2026; Time: 11:00 AM IST.
• Type: earnings call; Mode: virtual with dial-in and pre-registration.
• Event: Azad Engineering Limited Earnings Call.

Participants

• Chairman and Chief Executive Officer
• Whole-Time Director
• Chief Financial Officer

Purpose

• Discuss Q1 FY27 operational and financial performance.

Additional Notes

• Pre-registration for the call is available.

Filing context

• Issuer: Azad Engineering Ltd; Scrip 544061; Category: Board Meeting.

Compliance status

• Details of dematerialised/rematerialised securities for quarter ended June 30, 2026 were furnished to all exchanges.