Azad Engineering (NSE:AZAD) Net Margin %: 22.28% (As of Mar. 2026) — 32% Above Median


NSE:AZAD Azad Engineering Ltd NSE:AZAD
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What is Azad Engineering Net Margin %?

Azad Engineering NSE:AZAD +0.66% 45 Net Margin % is 22.28% as of Mar. 2026, which is 32% above its 10-year median of 16.87. GuruFocus rates NSE:AZAD with a GF Score™ of 45/100. The stock has 5 warning signs investors should review. Among 3,033 Industrial Products companies, Azad Engineering ranks better than 95.48% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Azad Engineering's Net Income for the three months ended in Mar. 2026 was ₹360 Mil. Azad Engineering's Revenue for the three months ended in Mar. 2026 was ₹1,615 Mil. Therefore, Azad Engineering's net margin for the quarter that ended in Mar. 2026 was 22.28%.

The historical rank and industry rank for Azad Engineering's Net Margin % or its related term are showing as below:

NSE:AZAD' s Net Margin % Range Over the Past 10 Years
Min: 3.51   Med: 16.87   Max: 22.05
Current: 22.05


NSE:AZAD's Net Margin % is ranked better than
95.48% of 3033 companies
in the Industrial Products industry
Industry Median: 4.54 vs NSE:AZAD: 22.05

Azad Engineering  (NSE:AZAD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Azad Engineering Net Margin % Related Terms


Azad Engineering Net Margin % Historical Data

* Premium members only.

The historical data trend for Azad Engineering's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azad Engineering Net Margin % Chart

Azad Engineering Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial 15.89 3.51 17.85 19.09 22.04

Azad Engineering Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.91 21.68 22.48 21.74 22.28

NSE:AZAD vs GEV, ETN, PH: Net Margin % Comparison

For the Specialty Industrial Machinery subindustry, Azad Engineering's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Azad Engineering Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Azad Engineering's Net Margin % distribution charts can be found below:

* The bar in red indicates where Azad Engineering's Net Margin % falls into.


NSE:AZAD
45GF Score
Azad Engineering Ltd NSE:AZAD
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azad Engineering Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Azad Engineering's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1328.77/6029.75
=22.04 %

Azad Engineering's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=359.85/1615.39
=22.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 22.28% mean?
Azad Engineering (NSE:AZAD) has a Net Margin % of 22.28% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Azad Engineering and its competitors. This is 32% above median its historical median of 16.87. Over the past decade, Azad Engineering's Net Margin % has ranged from 3.51 to 22.05. According to the industry distribution chart, Azad Engineering ranks #137 out of 3033 companies in the Industrial Products industry, placing it in the top 4.5%.
Is Azad Engineering's Net Margin % too high?
Azad Engineering's current Net Margin % of 22.28% is 32% above median its 10-year median of 16.87. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 22.05. The Industrial Products industry median Net Margin % is 4.54. Azad Engineering's value of 22.28% is 390.7% above this industry median. Based on the distribution chart, Azad Engineering ranks #137 out of 3033 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Azad Engineering has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azad Engineering ranks #137 out of 3033 companies for Net Margin %. This places Azad Engineering in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.54. Azad Engineering's value of 22.28% is 390.7% above this benchmark. Historically, Azad Engineering's own Net Margin % has ranged from 3.51 to 22.05 over the past decade. While the company's 10-year median is 16.87 vs. the industry median of 4.54, Azad Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Azad Engineering's current Net Margin % of 22.28% is 390.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Azad Engineering and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad Engineering's current Net Margin % is 22.28%, which is 32% above median its own 10-year median of 16.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Azad Engineering (NSE:AZAD) has a current Net Margin % of 22.28%. The current Net Margin % is 22.28%, which is 32% above median its 10-year median of 16.87 and 390.7% above the Industrial Products industry median of 4.54. Azad Engineering's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Azad Engineering (NSE:AZAD), the current Net Margin % is 22.28% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azad Engineering Business Description

Other Exchanges 544061:India
Address 90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
45GF Score

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