We are not looking at breakouts. What we see is, recently they have comissioned a facility for one of the customer, which would improve the numbers going forward.
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Yes, have seen the news and here are the details:
As of March 2026, Azad Engineering has signed a significant 8-year Long Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries (MHI), Japan, to be a single-source supplier for critical, high-precision hot-section nozzle vane segments for advanced gas turbines.
Duration & Scope: An 8-year, long-term, single-source agreement for high-precision, critical combustion hot-section turbine Nozzle Vanes Segments.
Production Facility: These components will be manufactured at a dedicated lean manufacturing facility built specifically to support Mitsubishi.
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Azad delivers its First Expandable Indigenous Turbo jet Engine to DRDO (Defence Research and Development Organisation) and the Ministry of Defence, Government of India after Manufacturing and Assembly of Engine Components.
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Any view on latest Q1 fy27 result?
You can’t judge a company like this on a quarter-to-quarter basis. The meat is in the concall. But talking about the results, this is what strikes me as remarkable:
Goods that were sold for Rs.170.51crore had a material cost of Rs.42.55 - 33.96 = 8.59 crore. Incredible for a manufacturing company. Talk of “value addition”!
Disc: Holding
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