Blogs / Azad Engineering Sha...

Azad Engineering Share Price Target 2025, 2026, 2027, 2030

2026-06-08 · 4 min read

Sector - Finance
Azad Engineering Share Price Target 2025, 2026, 2027, 2030

Azad Engineering is one of the more interesting listed manufacturing stories in India right now.

Azad Engineering Share Price Target  

It is not a typical engineering company selling commodity components. It manufactures highly engineered, mission-critical precision components used in aerospace, defence, energy, and oil & gas applications. 

Financial table for Azad Engineering

Market Cap₹14,035 Cr.(As of June 2026)
Price to Earnings106
Return on equity9.09%
Debt to equity0.31
Current ratio3.27
Dividend Yield0.00%
Return on assets6.58%
ROCE11.9%
Face Value₹2.00
52 Week High₹2350
52 Week Low₹1359

Azad Engineering Shareholding Pattern



Mar 2024

Mar 2025

Mar 2026

Promoters

65.90%

60.32%

55.84%

FIIs

6.98%

14.23%

14.75%

DIIs

5.00%

8.23%

11.71%

Public

22.13%

17.21%

17.69%

No. of Shareholders

1,06,231

1,24,539

1,26,786


Azad Engineering Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 2000-2200

for the move Selected as a production partner for DRDO/GTRE Advanced Turbo Gas Generator (ATGG) engines, supporting Indian defense programs including future Kaveri engine derivatives. Projected Targets:
YEAR 2027

Target Range (₹) : 2400-2500

for the move Strong order book visibility could support earnings growth. Projected Targets:
YEAR 2028

Target Range (₹) : 2600-2800

for the move Scale benefits may improve profitability. Projected Targets:
YEAR 2029

Target Range (₹) : 3000-3200

for the move Long-term aerospace contracts signed during 2024–2026 should be in peak production phases. Projected Targets:
YEAR 2030

Target Range (₹) : 3500-4000

for the move Defense-engine manufacturing may become a major strategic business segment.

Historic Performance:

Azad Engineering Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns :

Start of the year price720
End of the year price692
Reason : Recovery in Tata Group stocks after the COVID-19 market crash boosted the value of TICL's investment portfolio.
YEAR 2021

Yearly returns :

Start of the year price100
End of the year price135
Reason : Tata Group stocks delivered strong performance across technology, retail, and industrial sectors.
YEAR 2022

Yearly returns : 56.30%

Start of the year price135
End of the year price211
Reason : Tata Group's acquisition of Air India strengthened the group's strategic position and increased investor interest in Tata companies
YEAR 2023

Yearly returns : -3.92%

Start of the year price720
End of the year price692
Reason : Valuation concerns emerged after the strong IPO response.
YEAR 2024

Yearly returns : 147.22%

Start of the year price696
End of the year price1722
Reason : Opened an exclusive manufacturing facility for Mitsubishi Heavy Industries
YEAR 2025

Yearly returns : 1.6

Start of the year price686
End of the year price697
Reason : Signed a ₹960 crore, 6-year agreement with GE Vernova for advanced gas-turbine airfoils.

Conclusion 


Azad Engineering is one of India’s most promising precision manufacturing companies, with exposure to aerospace, defence, energy, and oil & gas. Its global OEM relationships, strong order book, and high entry barriers make it a serious long-term story.


FAQs

To read the RA disclaimer, please click here