---
title: "Azad India Mobility Ltd (504731) — Share Price, Financials & Analysis"
symbol: "504731"
company: "Azad India Mobility Ltd"
canonical: "https://tapetide.com/stocks/504731"
isin: "INE566M01017"
nse_symbol: "AZADIND"
bse_code: "504731"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 474.69
generated_at: "2026-09-13T18:49:27.457Z"
---

# Azad India Mobility Ltd (504731)

Canonical page: https://tapetide.com/stocks/504731

## Company

- **NSE Symbol:** AZADIND
- **BSE Code:** 504731
- **ISIN:** INE566M01017
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** azadindiamobility.com

## About

Incorporated in 1960, Azad India Mobility Ltd is in the business of manufacturing of steel bars[1]

## Latest Price

- **Price:** ₹87.13
- **Change:** +0.34 (+0.39%)
- **Open:** ₹88.53
- **Day High:** ₹88.78
- **Day Low:** ₹83.25
- **Previous Close:** ₹86.79
- **Volume:** 33984
- **As Of:** 2026-09-11T10:22:03+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:00.744157Z.

- **Market Cap:** ₹474.69 Cr
- **Classification:** Microcap
- **P/E (reported):** 153.5
- **P/E (TTM):** 155.59
- **EPS (TTM):** ₹0.56
- **Book Value:** ₹23.95
- **Price to Book:** 3.65
- **Dividend Yield:** 0%
- **ROE:** 0.05%
- **ROCE:** -0.23%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹64.94 Cr
- **Net Income:** ₹2.37 Cr
- **EBITDA:** ₹2.12 Cr
- **52-Week High:** ₹98.99
- **52-Week Low:** ₹72.97
- **RSI (14):** 39.11

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 95%
- **Data coverage:** 90%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.81 | 9% |
| growth | 98.9 | 9% |
| momentum | 49.76 | 12% |
| ownership | 50 | 24% |
| quality | 26.95 | 22% |
| valuation | 16.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Stock is trading at 3.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 15.5%
- Company has a low return on equity of 0.59% over last 3 years.
- Earnings include an other income of Rs.1.45 Cr.
- Company has high debtors of 161 days.
- Promoter holding has decreased over last 3 years: -20.0%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -461.47% | -246% |
| ebitda margin growth | -65.22% | — | -100.01% | — |
| net income growth | -42.86% | — | -297.5% | — |
| revenue growth | 85.71% | 542.97% | — | — |
| roce | -64.09% | -91.84% | -91.84% | — |
| roe | -44.68% | -101.77% | -1.39% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 9.03 | 7.69 | 19.81 | 28.68 | 8.76 | 16.45 |
| Expenses | 0.02 | 0.36 | 0.39 | 0.43 | 8.92 | 7.77 | 19.76 | 28.44 | 6.85 | 16.03 |
| Operating Profit | -0.02 | -0.36 | -0.39 | -0.43 | 0.11 | -0.08 | 0.05 | 0.24 | 1.91 | 0.42 |
| OPM % | — | — | — | — | 1.22 | -1.04 | 0.25 | 0.84 | 21.8 | 2.55 |
| Other Income | 0 | 0.19 | 0.52 | 0.21 | 0.11 | 0.19 | 0.21 | 0.46 | 0.37 | 0.41 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
| Depreciation | 0 | 0 | 0.01 | 0.02 | 0.04 | 0.04 | 0.03 | 0.04 | 0.08 | 0.04 |
| Profit before tax | -0.02 | -0.17 | 0.12 | -0.24 | 0.18 | 0.07 | 0.23 | 0.66 | 2.19 | 0.78 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.62 | 0 |
| Net Profit | -0.02 | -0.17 | 0.13 | -0.23 | 0.18 | 0.07 | 0.23 | 0.66 | 1.41 | 0.78 |
| EPS in Rs | -0.01 | -0.06 | 0.04 | -0.08 | 0.05 | 0.02 | 0.04 | 0.12 | 0.26 | 0.14 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 0 | 9.03 | 64.94 | 73.7 |
| Expenses | 1.29 | 10.1 | 62.83 | 71.08 |
| Operating Profit | -1.29 | -1.07 | 2.11 | 2.62 |
| OPM % | — | -11.85 | 3.25 | 3.55 |
| Other Income | 0.08 | 1.03 | 1.24 | 1.45 |
| Interest | 0 | 0.03 | 0.01 | 0.02 |
| Depreciation | 0 | 0.11 | 0.19 | 0.19 |
| Profit before tax | -1.21 | -0.18 | 3.15 | 3.86 |
| Tax % | 0 | -111.11 | 24.76 | — |
| Net Profit | -1.21 | 0.03 | 2.37 | 3.08 |
| EPS in Rs | -0.5 | 0.01 | 0.44 | 0.56 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 24.13 | 35.18 | 57.94 |
| Reserves | 18.74 | 23.99 | 75.93 |
| Borrowings | 0 | 2.64 | 0.65 |
| Other Liabilities | 0.06 | 5 | 16.72 |
| Total Liabilities | 42.93 | 66.81 | 151.24 |
| Fixed Assets | 0 | 0.65 | 7.81 |
| CWIP | 0 | 6.09 | 0 |
| Investments | 0 | 0 | 15.39 |
| Other Assets | 42.93 | 60.07 | 128.04 |
| Total Assets | 42.93 | 66.81 | 151.24 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | -1.24 | -51.04 | -41.67 |
| Cash from Investing Activity | 0 | 0.89 | -10.3 |
| Cash from Financing Activity | 44 | 10.7 | 66.85 |
| Net Cash Flow | 42.76 | -39.45 | 14.88 |
| Free Cash Flow | -1.24 | -51.04 | -42.89 |
| CFO/OP | 96 | 4770 | -1947 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | — | 80.03 | 161.2 |
| Inventory Days | — | 786.46 | 116.55 |
| Days Payable | — | 75.71 | 101.76 |
| Cash Conversion Cycle | — | 790.78 | 175.98 |
| Working Capital Days | — | 2062.67 | 523.95 |
| ROCE % | — | -0.28 | 3.2 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 35.56% | 35.56% | 1.47% | 0.01% | 1.21% | 1.21% | 4.13% | 3.59% | 15.53% | 15.53% | 15.53% | 15.53% |
| FIIs | 0% | 0% | 64.25% | 70.38% | 70.38% | 70.4% | 64.79% | 65.74% | 48.89% | 48.89% | 48.7% | 48.7% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 48.42% | 48.34% | 5.71% | 5.75% | 4.56% | 4.72% | 11.53% | 13.41% | 22.72% | 22.73% | 22.91% | 22.86% |
| Others | 16.02% | 16.1% | 28.57% | 23.86% | 23.84% | 23.66% | 19.55% | 17.26% | 12.86% | 12.85% | 12.86% | 12.91% |
| No. of Shareholders | 1248 | 1215 | 1427 | 1663 | 1901 | 2297 | 2299 | 2770 | 2844 | 2914 | 3248 | 3261 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 89.26 | Sell |
| EMA (10) | 89.2 | Sell |
| SMA (20) | 90.43 | Sell |
| EMA (20) | 90.29 | Sell |
| SMA (50) | 91.27 | Sell |
| EMA (50) | 92.43 | Sell |
| SMA (100) | 97.52 | Sell |
| EMA (100) | 96.24 | Sell |
| SMA (200) | 104.83 | Sell |
| EMA (200) | 103.99 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.79 | Neutral |
| MACD (12,26,9) | -1.27 | Sell |
| Stochastic (14,3,3) | 18.66 | Buy |
| ADX (14) | 35.94 | Buy |
| Williams %R (14) | -75.35 | Neutral |
| ATR (14) | 5 | High Volatility |
| ROC (12) | -3.22 | Sell |
| Stoch RSI (14) | 5.26 | Buy |
| UO (7,14,28) | 46.24 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10ee598e-50cb-49d5-b83b-dd1684a433fd.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2951e6cd-1bc0-4838-bc82-f6fda918b53d.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea5bc17c-5f42-478f-922d-156ef9b2e50c.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b784d7e-f7c8-4bf9-95b6-403f170c8e08.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d191aa1-9928-4437-ae29-3105755d047e.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Considered And Approved Sub-Division/ Split Of Equity Shares](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=422803b0-ae0b-46bf-913c-dce28f19c308.pdf) |
| 2026-08-10 | [Board Meeting Intimation for Considering And Approving Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended On 30.06.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b9986b1-d9b3-486e-8fe2-bb0aec027f4d.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47460523-27e1-41b1-b8cf-d7b03b2be400.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f00ad15-fc99-4755-8a78-07b9448bc9e3.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Board Meeting Held On Friday May 29 2026 .](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87443acb-ea0c-45dd-ac2d-d6531bd18023.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Financial Results (Standalone & Consolidated) Along With Limited Review Report For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce6d317c-6bbd-466b-81c2-6066f0215bfd.pdf) |
| 2026-05-29 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc56c30c-c369-4416-9549-8c7b389beed8.pdf) |
| 2026-02-06 | [Un-Audited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Nine Months Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f0ddff8-9c88-444e-80c2-1278552aabb1.pdf) |
| 2025-11-11 | [Unaudited Financials (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=728624e2-75c0-4553-97f4-1000fd51c73b.pdf) |
| 2025-10-01 | [Standalone & Consolidated Financials For The Quarter Ended 30Th June2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=191487ab-54da-45a4-9772-7e438675cbcd.pdf) |
| 2025-08-07 | [Unaudited Results (Standalone And Consolidated) For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=780872f6-3f30-458a-b3f7-d169aa56c633.pdf) |
| 2025-05-21 | [Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c301ca73-8a54-4d49-bd40-807af50d449c.pdf) |
| 2025-02-14 | [Revised Submission On Account Of Usage Of Old Letterhead Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d67ee925-7980-419f-9bbe-9a998cf86243.pdf) |
| 2025-02-13 | [Unaudited Financial Results For The Quarter And Period Ended 31St December2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42270c50-77da-4132-8571-831914eb3a01.pdf) |
| 2024-11-13 | [Un-Audited Financial Results Along With Limited Review Report For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e8564d9-235c-441c-bbed-750ea3ff8194.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Newspaper Publication of Un-Audited Standalone and Consolidated Financial Results for the quarter and nine-months ended on December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Feb - Newspaper Publication of Un-Audited Standalone and Consolidated Financial Results for the quarter and nine-months ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5db41d78-50e6-4085-8f62-9d3d6218bafb.pdf) |
| 8 Apr - Company says it is not a Large Corporate for FY ended March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr - Company says it is not a Large Corporate for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f1f6720-56b0-4f9e-b61f-d8864a173e54.pdf) |
| 7 Jan - RTA certifies no dematerialization requests up to Dec 31, 2025 under Regulation 74(5). | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - RTA certifies no dematerialization requests up to Dec 31, 2025 under Regulation 74(5).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21d37809-5e8a-4a27-b23f-574cdf3400f0.pdf) |
| 6 Feb - Board approved Q3/9M FY26 results: revenue Rs2,914.14L, net profit Rs65.81L; approved Feb 6, 2026. | [Board Meeting Outcome for Un-Audited Financial Results (Standalone & Consolidated) Of The Company For Quarter And Nine Months Ended On December 31, 2025. 6 Feb - Board approved Q3/9M FY26 results: revenue Rs2,914.14L, net profit Rs65.81L; approved Feb 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a01c8c6-086e-4fb9-8fb5-435e38b78eb6.pdf) |
| 29 Dec 2025 - Promoter Sucheta Jani sold 253,000 shares (2.41%) of Global Longlife on Dec 26, 2025. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 29 Dec 2025 - Promoter Sucheta Jani sold 253,000 shares (2.41%) of Global Longlife on Dec 26, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6CB1D08D_74C1_4DF6_9FAF_38AEF38B1F55_174836.pdf) |
| 28 Jan - Azad India Mobility to approve unaudited results for quarter ended Dec 31, 2025 on Feb 06, 2026. | [Board Meeting Intimation for Meeting Held On Friday, February 06, 2026. 28 Jan - Azad India Mobility to approve unaudited results for quarter ended Dec 31, 2025 on Feb 06, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3a0eadc-1336-4d47-a066-4f63a1b1c0cd.pdf) |
| 23 Jan - Promoter Dhruv Jani sold 4,03,000 shares (3.84%) on Jan 20–21, 2026; holding now 24.55%. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 23 Jan - Promoter Dhruv Jani sold 4,03,000 shares (3.84%) on Jan 20–21, 2026; holding now 24.55%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02942654_10A4_4F7C_B24F_58A6F1D16D31_112938.pdf) |
| 21 Jan - Dhruv Jani sold 3,67,000 shares (3.50%) Jan 6–16, 2026; stake fell to 28.37%. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 21 Jan - Dhruv Jani sold 3,67,000 shares (3.50%) Jan 6–16, 2026; stake fell to 28.37%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/DF0B5391_7D92_47C1_8B06_DE51434A3D88_100012.pdf) |
| 16 Jan - Revised SEBI Reg 74(5) dematerialisation certificate for quarter ended 31 Dec 2025, submitted 16 Jan 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jan - Revised SEBI Reg 74(5) dematerialisation certificate for quarter ended 31 Dec 2025, submitted 16 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fc722f3-105b-455f-9395-01bc0a395c0c.pdf) |
| 13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3f39521-146f-4698-8019-1976b7ce519d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af662f6d-33ff-44d0-b3f0-2c81ddf727b4.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b38a3ee-8d5c-4ae2-8aad-826e4eb707fc.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca1d533c-151d-4e71-8893-83459ef8da9e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71d398f3-ac55-4add-98f3-7962928ce499.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03612563-318f-4e1b-9f64-bb784bfae70e.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/edb1d069-aa9e-4f5e-8eb4-e672050edc91.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543520/75342543520.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504731/77030504731.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504731/70792504731.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504731/66788504731_11_09_20.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:49:27.457Z.