AZAD.NS
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
3 more panels on AZAD.NS open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.03B | $4.57B | $3.28B | $2.42B | — | +31.8% |
| Operating revenue | $6.03B | $4.57B | $3.28B | $2.42B | — | +31.8% |
| Cost of revenue | $581.23M | $636.78M | $796.44M | $577.06M | — | -8.7% |
| Gross profit | $5.45B | $3.94B | $2.48B | $1.84B | — | +38.4% |
| Selling, general & admin | — | $79.65M | $60.52M | $76.96M | $40.68M | — |
| Total operating expense | $3.72B | $2.62B | $1.52B | $1.25B | — | +42.2% |
| Operating income | $1.72B | $1.32B | $960.58M | $588.74M | — | +30.8% |
| Net interest income | -$308.19M | -$183.89M | -$458.05M | -$496.72M | — | -67.6% |
| Pre-tax income | $1.87B | $1.24B | $807.86M | $131.59M | — | +51.0% |
| Tax provision | $537.43M | $374.92M | $222.06M | $46.86M | — | +43.3% |
| Net income | $1.33B | $873.18M | $585.80M | $84.73M | — | +52.2% |
| Net income to common | $1.33B | $873.18M | $585.80M | $84.73M | — | +52.2% |
| Basic EPS | 20.57 | 14.66 | 11.20 | 1.43 | — | +40.3% |
| Diluted EPS | 20.57 | 14.66 | 11.20 | 1.43 | — | +40.3% |
| EBIT | $2.18B | $1.42B | $1.14B | $398.28M | — | +53.2% |
| EBITDA | $2.71B | $1.72B | $1.34B | $564.11M | — | +57.6% |
| Basic shares | 64.60M | 59.56M | 52.30M | 59.11M | — | +8.5% |
| Diluted shares | 64.60M | 59.56M | 52.30M | 59.11M | — | +8.5% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $245.92M | $408.33M | $281.86M | $194.06M | — | -39.8% |
| Cash & short-term investments | $1.91B | $468.85M | $587.62M | $400.06M | — | +307.1% |
| Accounts receivable | $3.12B | $2.23B | $1.70B | $1.19B | — | +39.5% |
| Inventory | $3.29B | $1.89B | $1.33B | $860.63M | — | +73.9% |
| Total current assets | $9.89B | $11.97B | $4.22B | $2.84B | — | -17.4% |
| Property, plant & equipment | $10.36B | $6.27B | $3.41B | $2.93B | — | +65.3% |
| Goodwill & intangibles | — | — | — | $65.48M | $66.56M | — |
| Total assets | $22.00B | $18.61B | $7.97B | $5.89B | — | +18.2% |
| Total current liabilities | $3.03B | $2.30B | $982.22M | $1.48B | — | +31.5% |
| Current debt | $1.76B | $727.17M | $100.44M | $797.40M | — | +141.6% |
| Long-term debt | $2.81B | $1.71B | $271.13M | $2.21B | — | +64.4% |
| Total debt | $4.74B | $2.63B | $394.33M | $3.01B | — | +80.1% |
| Total liabilities | $6.71B | $4.68B | $1.52B | $3.85B | — | +43.5% |
| Retained earnings | — | $2.61B | $1.73B | $1.23B | $1.15B | — |
| Shareholder equity | $15.29B | $13.94B | $6.45B | $2.04B | — | +9.7% |
| Working capital | $6.87B | $9.67B | $3.23B | $1.35B | — | -29.0% |
| Net tangible assets | $15.29B | $13.94B | $6.45B | $2.04B | — | +9.7% |
| Shares issued | 64.58M | 64.58M | 59.11M | 59.11M | — | 0.0% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Net income | $1.87B | $1.24B | $807.86M | $131.59M | +51.0% |
| Depreciation & amortisation | $528.42M | $294.85M | $205.30M | $165.83M | +79.2% |
| Change in working capital | -$3.03B | -$974.82M | -$1.49B | -$809.60M | -211.3% |
| Operating cash flow | -$1.19B | $536.67M | -$69.52M | -$102.09M | -321.7% |
| Capital expenditure | -$5.72B | -$2.93B | -$753.40M | -$856.22M | -95.2% |
| Investing cash flow | -$714.22M | -$9.18B | -$552.55M | -$1.01B | +92.2% |
| Financing cash flow | $1.74B | $8.77B | $709.87M | $1.26B | -80.1% |
| Free cash flow | -$6.91B | -$2.40B | -$822.92M | -$958.31M | -188.6% |
| End cash position | $245.92M | $408.33M | $281.86M | $194.06M | -39.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.73B | $1.62B | $1.59B | $1.37B | $1.27B | +6.8% |
| Operating revenue | $1.73B | $1.62B | $1.59B | $1.37B | $1.27B | +6.8% |
| Cost of revenue | $96.82M | $110.53M | $131.13M | $167.77M | $162.05M | -12.4% |
| Gross profit | $1.63B | $1.50B | $1.46B | $1.20B | $1.11B | +8.3% |
| Total operating expense | $1.17B | $1.06B | $976.30M | $812.27M | $744.00M | +10.6% |
| Operating income | $457.39M | $445.17M | $479.76M | $390.88M | $363.21M | +2.7% |
| Net interest income | -$103.23M | -$98.63M | -$83.37M | -$59.11M | -$38.21M | -4.7% |
| Pre-tax income | $389.65M | $512.35M | $477.76M | $418.67M | $358.78M | -23.9% |
| Tax provision | $38.05M | $144.30M | $130.59M | $124.35M | $110.69M | -73.6% |
| Net income | $357.45M | $359.85M | $345.13M | $297.17M | $252.66M | -0.7% |
| Net income to common | $357.45M | $359.85M | $345.13M | $297.17M | $252.66M | -0.7% |
| Basic EPS | 5.53 | 5.57 | 5.34 | 4.56 | 4.15 | -0.7% |
| Diluted EPS | 5.53 | 5.57 | 5.34 | 4.56 | 4.15 | -0.7% |
| EBIT | $492.88M | $610.98M | $561.13M | $477.78M | $396.99M | -19.3% |
| EBITDA | $679.11M | $779.03M | $703.53M | $579.19M | $489.65M | -12.8% |
| Basic shares | 64.64M | 64.61M | 64.63M | 65.17M | 60.88M | +0.1% |
| Diluted shares | 64.64M | 64.61M | 64.63M | 65.17M | 60.88M | +0.1% |
| Line item | 2026-03-31 | 2025-03-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $245.92M | $408.33M | -39.8% |
| Cash & short-term investments | $1.91B | $468.85M | +307.1% |
| Accounts receivable | $3.12B | $2.23B | +39.5% |
| Inventory | $3.29B | $1.89B | +73.9% |
| Total current assets | $9.89B | $11.97B | -17.4% |
| Property, plant & equipment | $10.36B | $6.27B | +65.3% |
| Total assets | $22.00B | $18.61B | +18.2% |
| Total current liabilities | $3.03B | $2.30B | +31.5% |
| Current debt | $1.76B | $727.17M | +141.6% |
| Long-term debt | $2.81B | $1.71B | +64.4% |
| Total debt | $4.74B | $2.63B | +80.1% |
| Total liabilities | $6.71B | $4.68B | +43.5% |
| Retained earnings | — | $2.61B | — |
| Shareholder equity | $15.29B | $13.94B | +9.7% |
| Working capital | $6.87B | $9.67B | -29.0% |
| Net tangible assets | $15.29B | $13.94B | +9.7% |
| Shares issued | 64.58M | 64.58M | 0.0% |
Newly listed companies often have nothing on file until their first annual report.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Headlines
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.