Azad Engineering
Manufactures highly engineered, complex, mission-critical components for aerospace, defense, energy, and oil & gas sectors using precision manufacturing and additive manufacturing processes.
- CEO / Founder
- Rakesh Chopdar
- Team Size
- 501-1000
- Stage
- Public
- Total Funding
- $30M
- Latest Round
- IPO
- Key Investors
- Sachin Tendulkar; Nomura; Mutual Funds
Technology & Products
Key Products
Aircraft engine components; Gas turbine rotating airfoils; Steam turbine parts; Defense system components; Oil & gas equipment parts
Technological Advantage
Proprietary precision manufacturing processes for complex rotating components, achieving micron-level tolerances required for aerospace and energy applications. The company's advantage is protectable via long-term qualification relationships and certifications with major OEMs, creating high switching costs. While additive manufacturing is adopted for certain applications, the core IP lies in process discipline and vertical integration.
Differentiation
Value Proposition
Delivers precision-engineered critical components with micron-level accuracy, reducing lead times and supply chain risks for global OEMs through vertical integration and advanced manufacturing certification.
How They Differentiate
Focus on Indian manufacturing cost advantage combined with global quality certifications; dedicated customer facilities (e.g., Baker Hughes plant) enabling deeper integration and faster response times versus European/Japanese incumbents.
Market & Competition
Target Customers
Global OEMs in aerospace, defense, energy, and oil & gas (e.g., Pratt & Whitney, Rolls-Royce, Baker Hughes, Siemens Energy)
Industry Verticals
Aerospace; Defense; Energy; Oil & Gas
Competitors
Sansera Engineering; Precision Castparts Corp.; MTU Aero Engines
Growth & Milestones
Growth Metrics
Revenue: ₹277 crore in H1 FY26 (up 32% YoY); EBITDA: ₹99 crore (up 37% YoY); PAT growth not specified; 500+ employees across multiple facilities.
Major Milestones
IPO in December 2023 (₹740 crore issue); Inauguration of 7,600 sq m dedicated facility for Baker Hughes in 2026; Long-term agreement with Pratt & Whitney Canada in 2025; Partnership with Rolls-Royce
Notable Customers
Baker Hughes; Pratt & Whitney; Rolls-Royce; Siemens Energy; DRDO