Azad Engineering Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

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.

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.

Click Here – Get Free Investment Predictions

Azad Engineering Share Price Today and Key Data

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.

Metric	Value
Company	Azad Engineering (AZAD)
Current Price	Rs 2,913.00
52-Week High	Rs 3,127.90 (30 September 2026)
52-Week Low	Rs 1,360.00 (23 March 2026)
Market Cap	Rs 18,633 crore
PE Ratio	133.76
Industry PE	48.37
PB Ratio	12.19
EPS (TTM)	Rs 21.57
Return on Equity	8.69%
Debt to Equity	0.31
Dividend Yield	0.00%
Book Value per Share	Rs 236.74

What Is the Azad Engineering Share Price Prediction for 2027?

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.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (40.3%) and 4-year CAGR (33.4%) (capped at 15%)	Rs 24.81 (+15.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 3,350	+15.0%
Base Case	Average of the two (capped at 20%)	Rs 25.88 (+20.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 3,496	+20.0%
Bull Case	Higher of the two (capped at 25%)	Rs 26.96 (+25.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 3,641	+25.0%

Each target takes today'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.

Azad Engineering Share Price Forecast: What Has to Go Right by 2027

Each Azad Engineering target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the Azad Engineering Share Price Target: Rs 3,350

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%.

Base Case for the Azad Engineering Share Price Target: Rs 3,496

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.

Bull Case for the Azad Engineering Share Price Target: Rs 3,641

Reaching Rs 3,641 needs EPS to rise 25.0% to Rs 26.96 with the PE multiple held at today'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.

Azad Engineering Financial Performance: Revenue, Profit and Margins

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.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	199.26	29.46	6.49	34.49%	14.78%
FY23	261.52	8.47	1.79	32.63%	3.24%
FY24	372.76	58.58	11.20	43.60%	15.72%
FY25	467.94	86.53	14.66	37.59%	18.49%
FY26	648.63	133.56	20.57	44.94%	20.59%

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.

Check the Univest Screener for live Azad Engineering fundamentals

Is Azad Engineering Overvalued or Undervalued Right Now?

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.

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.

Azad Engineering Stock Analysis: Technical Outlook

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.

Indicator	Reading	Signal
RSI (14)	56.52	Positive momentum
MACD (12,26,9)	65.95 vs signal 54.89	Bullish
ADX (14)	25.45	Established trend
Supertrend (10,3)	Price above Rs 2,601.37	Bullish
50-day SMA	Rs 2,731.45	Price above
200-day EMA	Rs 2,235.62	Price above

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.

Azad Engineering Shareholding Pattern

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.

Key Risks to the Azad Engineering Share Price Target for 2027

Earnings and Margin Risk

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.

Valuation Risk

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.

Size and Liquidity Risk

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.

Balance Sheet Risk

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.

Conclusion

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.

Download the Univest iOS App or Univest Android App to track Azad Engineering live price and get daily stock recommendations.

Frequently Asked Questions on Azad Engineering Share Price Prediction 2027

What is the Azad Engineering share price target for 2027?

Ans. 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.

What is the Azad Engineering share price today?

Ans. 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.

Is Azad Engineering a good stock to buy for 2027?

Ans. 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.

Can Azad Engineering stock reach Rs 3,641 in 2027?

Ans. Reaching Rs 3,641 needs EPS to rise 25.0% from Rs 21.57 with the PE multiple held at today's level, plus a daily close above Rs 3,127.90 (52-week high). This is a scenario, not a guarantee.

What are the support and resistance levels for Azad Engineering?

Ans. 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).

What are the main risks for Azad Engineering stock in 2027?

Ans. 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.

How is the Azad Engineering target price for 2027 calculated?

Ans. 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's reported FY26 and 4-year EPS growth.