Azad India Mobility Limited

BSE: AZADIND · Iron & Steel Products

52W Range₹73 ₹177

Snapshot

Unlock Azad India Mobility Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Azad India Mobility Limited manufactures, assembles, and trades in a diverse range of electric buses and coaches, including city, intercity, airport, and school variants. The company also provides SKD and CKD bus body kits to support its mobility solutions.

Business Model

The company generates revenue through the manufacturing and sale of electric buses and coaches, alongside the supply of bus body kits. It operates through its subsidiary, NAE Mobility Private Limited, to serve the Indian transportation market.

  • Incorporation Year:1960

Growth Outlook

Growth is expected to be driven by the increasing demand for electric public transportation solutions in India. The company's transition from its legacy business to electric mobility positions it to capitalise on the national shift towards sustainable transit.

Key Risks

  • Regulatory and Policy Risk. The company's growth is heavily dependent on government subsidies and policies favouring electric vehicle adoption in India.
  • Technological Obsolescence. Rapid advancements in battery technology and electric drivetrain efficiency may require significant capital expenditure to remain competitive.
  • Supply Chain Volatility. Dependence on the availability and pricing of critical components like battery cells and electronic control units poses a risk to production timelines.
  • Market Competition. The emerging electric bus sector in India is becoming increasingly crowded with both established automotive players and new entrants.

Start your research today

Unlock AI insights, financials, peers and live data on Azad India Mobility Limited and 5,000+ companies — free.

Start your research

Key Metrics

NET PROFIT

₹-0.29 Cr

TTM · standalone

-190.0%YoY

EPS

₹0.28

TTM · standalone

+127.2%YoY

RETURN ON EQUITY

-1.4%

TTM · standalone

+78.6 ppYoY

RETURN ON CAPITAL EMPLOYED

-1.3%

TTM · standalone

+59.3 ppYoY

NET PROFIT MARGIN

16.1%

Q4 FY26 · consolidated

+15.0 ppYoY

DEBT TO EQUITY

0.0x

Q4 FY26 · consolidated

-0.05xYoY

Peers · Iron & Steel Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Azad India Mobility LimitedAZADIND
₹488 Cr3.3%-1.4%-1.3%-31.0%
Aerpace Industries LimitedAERPACE
₹615 Cr37.7031.84720.0%38.3%25.9%+56.3%
Panchmahal SteelPANCHMAHQ
₹572 Cr98.3631.355.0%3.9%7.2%+14.6%
Modern MalleableMODMA
₹524 Cr27.1019.54189.2%18.2%11.8%15.1%
SurajSURAJLTD
₹371 Cr44.6418.50-15.2%12.0%6.1%12.6%-34.2%
Shah MetacorpSHAH
₹347 Cr25.0724.4848.8%10.1%5.6%5.4%-2.2%

As of Q1 FY25

Financials