Azad Engineering vs INDO-MIM: Share Price, Valuation and Results Compared

Azad Engineering Ltd (NSE: AZAD) and INDO-MIM Limited (NSE: INDOMIM) are both listed in the Precision Components industry. Azad Engineering has a market capitalisation of ₹16,204 Cr and INDO-MIM ₹58,675 Cr, as of 9 Nov 2026. Their P/E ratios are 122 and 109.2 respectively.

Azad Engineering vs INDO-MIM — Key Figures

MetricAzad EngineeringINDO-MIM
NSE SymbolAZADINDOMIM
BSE Code544061544837
Share Price₹2,427.00₹1,278.90
Market Cap₹16,204 Cr₹58,675 Cr
P/E Ratio122109.2
Return on Equity9.14%—
Return on Assets5.31%11.77%
Dividend Yield—0.00%
Beta (1Y)0.742.07
1-Year Price Change+46.6%—
3-Month Price Change-4.8%+54.1%
52-Week Range₹1,360.00 – ₹3,127.90₹700.00 – ₹1,374.40
Latest QuarterQ2 FY27Q1 FY27
Quarterly Revenue₹191 Cr₹1,219 Cr
Quarterly Net Profit₹31 Cr₹240 Cr
Net Margin16.2%19.7%
EPS (Basic, Quarter)₹4.79₹4.96
Results Basisconsolidatedconsolidated
HeadquartersHyderabad, TelanganaHyderabad, Telangana

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Azad Engineering Ltd

Azad Engineering Limited manufactures and sells precision-engineered components in India and internationally. The company offers aerospace, including airfoils/blades for aircraft engines and APUs, body valve, housing mount, housing compressor, fan blisk, mixed flow impeller, housing fan, shell and housing, air frames, aero structure, turbine wheel, nozzle, unison ring, lever arm, hydraulic, fuel inerting, flight control, actuating system, and other products, as well as aerospace standard fluid distribution parts. It provides plate butterfly, sealer, shaft, bearing rod, piston, plate, and seali…

INDO-MIM Limited

MTAR Technologies Limited manufactures and sells high precision, heavy equipment, components, and machines in India and internationally. The company offers space solutions comprising liquid propulsion engines; cryogenic engines, including turbo pumps, booster pumps, gas generators, and injector heads; and electro-pneumatic modules. It also provides mechanical subsystems and systems integration for the defence and aerospace sectors; concaves, body slips, anchors, quick-change systems, packers, mandrels, pumps, jar components, and whipstock assemblies; and fuel machining heads, drive mechanisms,…

Frequently Asked Questions

Which is larger by market cap, Azad Engineering or INDO-MIM?

INDO-MIM has a market capitalisation of ₹58,675 Cr, against ₹16,204 Cr for Azad Engineering as of 9 Nov 2026, about 3.6 times the size by market cap.

What is the P/E ratio of Azad Engineering and INDO-MIM?

Azad Engineering has a P/E of 122 and INDO-MIM a P/E of 109.2 as of 9 Nov 2026.

What were the latest quarterly results of Azad Engineering and INDO-MIM?

Azad Engineering reported revenue of ₹191 Cr and net profit of ₹31 Cr for Q2 FY27. INDO-MIM reported revenue of ₹1,219 Cr and net profit of ₹240 Cr for Q1 FY27. Figures are parsed from each company's exchange filing.

Which industry are Azad Engineering and INDO-MIM in?

Both are classified under Aerospace & Defence > Defence Engineering & Services > Precision Components on FinBizNet.

Is this comparison a recommendation to buy or sell Azad Engineering or INDO-MIM?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.