{"id":298279,"date":"2026-10-09T12:35:30","date_gmt":"2026-10-09T07:05:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=298279"},"modified":"2026-10-09T12:35:30","modified_gmt":"2026-10-09T07:05:30","slug":"azad-engineering-share-price-prediction-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/","title":{"rendered":"Azad Engineering Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>CMP Rs 2,913.00 (9 Oct 2026). 52W range Rs 1,360.00 to Rs 3,127.90. PE 133.76. 2027 base Rs 3,496, bull Rs 3,641.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Azad Engineering share price prediction 2027 centres on a conservative case of Rs 3,350, a base case of Rs 3,496 and a bull case of Rs 3,641, against a current price of Rs 2,913.00. These targets scale today&#8217;s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.0% upside from today&#8217;s price. The daily technical setup reads bullish.<\/p>\n<\/p><\/div>\n<p>The Azad Engineering share price forecast comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 2,913.00 on NSE as of 9 October 2026, 6.9% below its 52-week high of Rs 3,127.90, after the company reported net profit of Rs 133.56 crore for FY26.<\/p>\n<p>This Azad Engineering stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=share-price-prediction-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Azad_Engineering_Share_Price_Today_and_Key_Data\" title=\"Azad Engineering Share Price Today and Key Data\">Azad Engineering Share Price Today and Key Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#What_Is_the_Azad_Engineering_Share_Price_Prediction_for_2027\" title=\"What Is the Azad Engineering Share Price Prediction for 2027?\">What Is the Azad Engineering Share Price Prediction for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Azad_Engineering_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\" title=\"Azad Engineering Share Price Forecast: What Has to Go Right by 2027\">Azad Engineering Share Price Forecast: What Has to Go Right by 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Conservative_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3350\" title=\"Conservative Case for the Azad Engineering Share Price Target: Rs 3,350\">Conservative Case for the Azad Engineering Share Price Target: Rs 3,350<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Base_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3496\" title=\"Base Case for the Azad Engineering Share Price Target: Rs 3,496\">Base Case for the Azad Engineering Share Price Target: Rs 3,496<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Bull_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3641\" title=\"Bull Case for the Azad Engineering Share Price Target: Rs 3,641\">Bull Case for the Azad Engineering Share Price Target: Rs 3,641<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Azad_Engineering_Financial_Performance_Revenue_Profit_and_Margins\" title=\"Azad Engineering Financial Performance: Revenue, Profit and Margins\">Azad Engineering Financial Performance: Revenue, Profit and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Is_Azad_Engineering_Overvalued_or_Undervalued_Right_Now\" title=\"Is Azad Engineering Overvalued or Undervalued Right Now?\">Is Azad Engineering Overvalued or Undervalued Right Now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Azad_Engineering_Stock_Analysis_Technical_Outlook\" title=\"Azad Engineering Stock Analysis: Technical Outlook\">Azad Engineering Stock Analysis: Technical Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Azad_Engineering_Shareholding_Pattern\" title=\"Azad Engineering Shareholding Pattern\">Azad Engineering Shareholding Pattern<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Key_Risks_to_the_Azad_Engineering_Share_Price_Target_for_2027\" title=\"Key Risks to the Azad Engineering Share Price Target for 2027\">Key Risks to the Azad Engineering Share Price Target for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Earnings_and_Margin_Risk\" title=\"Earnings and Margin Risk\">Earnings and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Valuation_Risk\" title=\"Valuation Risk\">Valuation Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Size_and_Liquidity_Risk\" title=\"Size and Liquidity Risk\">Size and Liquidity Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Balance_Sheet_Risk\" title=\"Balance Sheet Risk\">Balance Sheet Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Frequently_Asked_Questions_on_Azad_Engineering_Share_Price_Prediction_2027\" title=\"Frequently Asked Questions on Azad Engineering Share Price Prediction 2027\">Frequently Asked Questions on Azad Engineering Share Price Prediction 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#What_is_the_Azad_Engineering_share_price_target_for_2027\" title=\"What is the Azad Engineering share price target for 2027?\">What is the Azad Engineering share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#What_is_the_Azad_Engineering_share_price_today\" title=\"What is the Azad Engineering share price today?\">What is the Azad Engineering share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Is_Azad_Engineering_a_good_stock_to_buy_for_2027\" title=\"Is Azad Engineering a good stock to buy for 2027?\">Is Azad Engineering a good stock to buy for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#Can_Azad_Engineering_stock_reach_Rs_3641_in_2027\" title=\"Can Azad Engineering stock reach Rs 3,641 in 2027?\">Can Azad Engineering stock reach Rs 3,641 in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#What_are_the_support_and_resistance_levels_for_Azad_Engineering\" title=\"What are the support and resistance levels for Azad Engineering?\">What are the support and resistance levels for Azad Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#What_are_the_main_risks_for_Azad_Engineering_stock_in_2027\" title=\"What are the main risks for Azad Engineering stock in 2027?\">What are the main risks for Azad Engineering stock in 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/azad-engineering-share-price-prediction-2027\/#How_is_the_Azad_Engineering_target_price_for_2027_calculated\" title=\"How is the Azad Engineering target price for 2027 calculated?\">How is the Azad Engineering target price for 2027 calculated?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_Share_Price_Today_and_Key_Data\"><\/span><strong>Azad Engineering Share Price Today and Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Azad Engineering share price today is Rs 2,913.00 on NSE, up 1.02% on the day. The market capitalisation stands at Rs 18,633 crore. Over the past year the price has risen 77.5% from Rs 1,641.10. Every Azad Engineering stock forecast figure below starts from this price.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Metric<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Company<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\">Azad Engineering<\/a> (AZAD)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Current Price<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 2,913.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week High<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 3,127.90 (30 September 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">52-Week Low<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 1,360.00 (23 March 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Market Cap<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 18,633 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PE Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">133.76<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Industry PE<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">48.37<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">PB Ratio<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">12.19<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 21.57<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Return on Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">8.69%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.31<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Book Value per Share<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 236.74<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Azad_Engineering_Share_Price_Prediction_for_2027\"><\/span><strong>What Is the Azad Engineering Share Price Prediction for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Azad Engineering share price prediction for 2027 is a conservative case of Rs 3,350, a base case of Rs 3,496 and a bull case of Rs 3,641. Against Rs 2,913.00, these imply 15.0% upside, 20.0% upside and 25.0% upside. They are model scenarios built from reported EPS growth, not broker targets.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Scenario<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Growth Basis<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS Estimate<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">PE Multiple<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Implied Value<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Upside vs Current Price<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Conservative Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Lower of FY26 growth (40.3%) and 4-year CAGR (33.4%) (capped at 15%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 24.81 (+15.0%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 3,350<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+15.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Base Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Average of the two (capped at 20%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 25.88 (+20.0%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 3,496<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+20.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bull Case<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Higher of the two (capped at 25%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 26.96 (+25.0%)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Unchanged from today (price to EPS ratio kept constant)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 3,641<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">+25.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Each target takes today&#8217;s price of Rs 2,913.00 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Azad Engineering target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_Share_Price_Forecast_What_Has_to_Go_Right_by_2027\"><\/span><strong>Azad Engineering Share Price Forecast: What Has to Go Right by 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Each Azad Engineering target price below depends on a specific EPS outcome, and the text states that outcome next to the number.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conservative_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3350\"><\/span><strong>Conservative Case for the Azad Engineering Share Price Target: Rs 3,350<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 3,350 needs EPS to rise 15.0% to Rs 24.81 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 33.4%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Base_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3496\"><\/span><strong>Base Case for the Azad Engineering Share Price Target: Rs 3,496<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 3,496 needs EPS to rise 20.0% to Rs 25.88, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 19.5% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_for_the_Azad_Engineering_Share_Price_Target_Rs_3641\"><\/span><strong>Bull Case for the Azad Engineering Share Price Target: Rs 3,641<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Reaching Rs 3,641 needs EPS to rise 25.0% to Rs 26.96 with the PE multiple held at today&#8217;s level. That is above the 52-week high of Rs 3,127.90, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 3,127.90 (52-week high) would be the first technical confirmation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_Financial_Performance_Revenue_Profit_and_Margins\"><\/span><strong>Azad Engineering Financial Performance: Revenue, Profit and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Azad Engineering earned net profit of Rs 133.56 crore on revenue of Rs 648.63 crore in FY26, with profit up 54.4% and revenue up 38.6% compared with FY25. Diluted EPS was Rs 20.57 against Rs 14.66 a year earlier, and that earnings base anchors the Azad Engineering share price forecast.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Year<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">EPS (Rs)<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Operating Margin<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY22<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">199.26<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">29.46<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">6.49<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">34.49%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">14.78%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY23<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">261.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">8.47<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">1.79<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">32.63%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">3.24%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY24<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">372.76<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">58.58<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">11.20<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">43.60%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">15.72%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY25<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">467.94<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">86.53<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">14.66<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">37.59%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">18.49%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">FY26<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">648.63<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">133.56<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">20.57<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">44.94%<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">20.59%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 176.15 crore against Rs 145.78 crore a year earlier (+20.8%), and the bottom line was a net profit of Rs 35.16 crore against a net profit of Rs 29.43 crore (+19.5%). Operating margin was 39.35% versus 42.25% in the year-ago quarter. Cash flow from operations was Rs -118.97 crore in FY26 against Rs 53.67 crore in FY25. Together these figures set the earnings base for the Azad Engineering share price prediction.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live Azad Engineering fundamentals<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Azad_Engineering_Overvalued_or_Undervalued_Right_Now\"><\/span><strong>Is Azad Engineering Overvalued or Undervalued Right Now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Azad Engineering trades at a PE of 133.76 against an industry PE of 48.37, which places the stock at a 176.5% premium to the industry average. The price-to-book ratio is 12.19 on a book value of Rs 236.74 per share. Return on equity of 8.69% means the company earns Rs 8.69 of profit for every Rs 100 of shareholder equity.<\/p>\n<p>Debt to equity is 0.31, so borrowings equal about 31% of shareholder equity. No dividend was declared for FY26. This valuation context frames the Azad Engineering stock price prediction for 2027 without relying on any outside forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_Stock_Analysis_Technical_Outlook\"><\/span><strong>Azad Engineering Stock Analysis: Technical Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Azad Engineering stock trades above its 50-day SMA of Rs 2,731.45 and above its 200-day EMA of Rs 2,235.62, and the combined daily indicators read bullish. The 52-week high of Rs 3,127.90 was set on 30 September 2026, while the 52-week low of Rs 1,360.00 came on 23 March 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Indicator<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Reading<\/th>\n<th style=\"border:1px solid #cccccc;padding:8px;text-align:left;background:#F2F2F2;\">Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">RSI (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">56.52<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Positive momentum<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">MACD (12,26,9)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">65.95 vs signal 54.89<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bullish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">ADX (14)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">25.45<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Established trend<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Supertrend (10,3)<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above Rs 2,601.37<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Bullish<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">50-day SMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 2,731.45<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">200-day EMA<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Rs 2,235.62<\/td>\n<td style=\"border:1px solid #cccccc;padding:8px;text-align:left;\">Price above<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The nearest support level sits at Rs 2,731.45 (50-day SMA) and Rs 2,601.37 (Supertrend). The nearest resistance level sits at Rs 3,127.90 (52-week high). A sustained move above the nearest resistance would support the Azad Engineering share price prediction 2027 base case, and this Azad Engineering stock analysis uses daily candles only. Chart signals add context to the Azad Engineering share price target without changing the earnings maths.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_Shareholding_Pattern\"><\/span><strong>Azad Engineering Shareholding Pattern<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Promoters hold 55.84% of Azad Engineering as of Jun 2026, up from 55.42% in Jun 2025 across the last 5 quarters. FII holding is 13.30% (down from 16.15% in Jun 2025) and DII holding is 10.32% (up from 8.91% in Jun 2025), which puts combined institutional holding at 23.62%. Public shareholders own 20.54%. Shareholding data is one input for any Azad Engineering stock forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Azad_Engineering_Share_Price_Target_for_2027\"><\/span><strong>Key Risks to the Azad Engineering Share Price Target for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_and_Margin_Risk\"><\/span><strong>Earnings and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Operating margin has ranged from 32.63% to 44.94% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Azad Engineering stock forecast. Revenue was up 38.6% in FY26, and slower revenue growth would weigh on the profit path.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Risk\"><\/span><strong>Valuation Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The PE of 133.76 is 176.5% above the industry PE of 48.37. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Size_and_Liquidity_Risk\"><\/span><strong>Size and Liquidity Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Market capitalisation stands at Rs 18,633 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Azad Engineering stock price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_Risk\"><\/span><strong>Balance Sheet Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity of 0.31 means borrowings stand at about 31% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Azad Engineering share price forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This Azad Engineering stock analysis puts the share price target range for 2027 at Rs 3,350 to Rs 3,641, with a base case of Rs 3,496 against Rs 2,913.00 today. The inputs are a PE of 133.76 that sits at a 176.5% premium to the industry average, EPS growth of 40.3% in FY26 and a daily technical setup that reads bullish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Azad Engineering live price and get daily stock recommendations.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Azad_Engineering_Share_Price_Prediction_2027\"><\/span><strong>Frequently Asked Questions on Azad Engineering Share Price Prediction 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Azad_Engineering_share_price_target_for_2027\"><\/span><strong>What is the Azad Engineering share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Azad Engineering share price forecast for 2027 has a conservative case of Rs 3,350, a base case of Rs 3,496 and a bull case of Rs 3,641. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Azad_Engineering_share_price_today\"><\/span><strong>What is the Azad Engineering share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Azad Engineering trades at Rs 2,913.00 on NSE as of 9 October 2026, up 1.02% on the day. The 52-week range is Rs 1,360.00 to Rs 3,127.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Azad_Engineering_a_good_stock_to_buy_for_2027\"><\/span><strong>Is Azad Engineering a good stock to buy for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data points in different directions: the PE of 133.76 is at a 176.5% premium to the industry average, EPS grew 40.3% in FY26 and the daily technical setup reads bullish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Azad_Engineering_stock_reach_Rs_3641_in_2027\"><\/span><strong>Can Azad Engineering stock reach Rs 3,641 in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reaching Rs 3,641 needs EPS to rise 25.0% from Rs 21.57 with the PE multiple held at today&#8217;s level, plus a daily close above Rs 3,127.90 (52-week high). This is a scenario, not a guarantee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_support_and_resistance_levels_for_Azad_Engineering\"><\/span><strong>What are the support and resistance levels for Azad Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The nearest support levels are Rs 2,731.45 (50-day SMA) and Rs 2,601.37 (Supertrend), and the nearest resistance levels are Rs 3,127.90 (52-week high).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_for_Azad_Engineering_stock_in_2027\"><\/span><strong>What are the main risks for Azad Engineering stock in 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks to the Azad Engineering share price forecast are a fall in operating margin from the 32.63% to 44.94% range seen since FY22, slower revenue growth after FY26 revenue was up 38.6%, and thin trading volumes. Debt to equity of 0.31 adds balance sheet sensitivity.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_Azad_Engineering_target_price_for_2027_calculated\"><\/span><strong>How is the Azad Engineering target price for 2027 calculated?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company&#8217;s reported FY26 and 4-year EPS growth.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Azad Engineering share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Azad Engineering share price forecast for 2027 has a conservative case of Rs 3,350, a base case of Rs 3,496 and a bull case of Rs 3,641. 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