Azad India Mobility Limited share price
Azad India Mobility Limited, together with its subsidiary, NAE Mobility Private Limited, manufactures, assembles, and trades in electric buses and coaches in India. It offers luxury, airport tarmac, special purpose, OEM, school, and STU buses, as well as city e-buses. The company was formerly known as Indian Bright Steel Company Limited and changed its name to Azad India Mobility Limited in May 2024. Azad India Mobility Limited was incorporated in 1960 and is headquartered in Mumbai, India.Read more
- Market Cap₹ 438 Cr.
- Current Price₹ 80.44
- High / Low₹ 99 / 70
- Stock P/E143.6
- Book Value₹ 25
- Dividend Yield0.00 %
- ROCE2.4 %
- ROE2.50 %
- Face Value—
More figures (10)
- EPS (TTM)₹ 0.56
- Price / Book3.27
- OPM3.0 %
- Debt / Equity0.01
- Sales growth (4Y)—
- Profit growth (4Y)—
- Promoter holding80.0 %
- EV / EBITDA160.5
- Beta-0.44
- All-time high₹ 99
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| AZADIND | -4.65% | — | — | — | — | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Azad India Mobility Limited is in the Steel industry (Basic Materials), with a market value of ₹438 crore.
- It trades at 143.6 times its last 12 months' earnings and 3.3 times book value.
- Return on equity was 2.5% and return on capital employed 2.4% in the latest year.
- Debt was 0.01 times shareholders' equity.
- The share price is 18.7% below its 52-week high.
- Promoters and insiders hold about 80.0%; institutions about 13.8%.
Pros
AI- Company is almost debt-free (debt is 0.01 times equity).
Cons
AI- Return on equity has been low: -1.0% on average over the last 3 years.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Azad India Mobility Limited
Azad India Mobility Limited, together with its subsidiary, NAE Mobility Private Limited, manufactures, assembles, and trades in electric buses and coaches in India. It offers luxury, airport tarmac, special purpose, OEM, school, and STU buses, as well as city e-buses. The company was formerly known as Indian Bright Steel Company Limited and changed its name to Azad India Mobility Limited in May 2024. Azad India Mobility Limited was incorporated in 1960 and is headquartered in Mumbai, India.
- Employees
- 7
- Head office
- Mumbai
Peer comparison
Basic MaterialsSteel
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Azad India Mobility | 80.44 | 143.6 | 438 | 0.00 | 1 | 1,048.82 | 16 | 113.84 | 2.4 | 2.5 | 3.27 | 3.0 | 0.01 | 79.99 | 65 | — |
| 2. | JSW Steel | 1,216.30 | 12.1 | 2,96,896 | 0.59 | 4,651 | 209.45 | 46,662 | 5.23 | 18.7 | 24.9 | 2.97 | 12.8 | 1.19 | 63.60 | 1,82,037 | 3.6 |
| 3. | Tata Steel | 175.50 | 19.8 | 2,18,924 | 2.27 | 2,318 | 11.58 | 60,412 | 14.54 | 11.3 | 11.2 | 2.14 | 9.7 | 0.90 | 35.40 | 2,30,293 | -1.6 |
| 4. | Jindal Steel | 1,045.20 | 39.1 | 1,06,348 | 0.19 | 845 | — | 15,553 | 16.99 | 7.5 | 6.9 | 2.09 | 13.8 | 0.44 | 63.86 | 43,561 | -13.1 |
| 5. | Lloyds Metals and Energy | 1,851.70 | 21.3 | 1,04,208 | 0.06 | 1,727 | 164.87 | 7,289 | 206.63 | 19.4 | 36.2 | 7.51 | 33.8 | 1.49 | 77.69 | 16,822 | 71.4 |
| 6. | Steel Authority of India | 170.95 | 16.5 | 70,611 | 1.38 | 1,644 | 31.42 | 26,246 | -10.47 | 7.2 | 5.7 | 1.17 | 6.1 | 0.53 | 65.10 | 1,09,987 | 2.0 |
| 7. | Welspun Corp | 2,571.50 | 29.4 | 67,811 | 0.20 | 1,046 | 49.86 | 4,081 | 3.98 | 19.5 | 19.4 | 7.41 | 12.3 | 0.26 | 49.85 | 16,209 | 19.5 |
| 8. | NMDC | 71.69 | 8.4 | 63,029 | 2.82 | 1,976 | 0.44 | 6,795 | 0.84 | 28.4 | 23.4 | 1.85 | 27.4 | 0.19 | 60.80 | 32,071 | 22.0 |
| 9. | Jindal Stainless | 736.55 | 18.7 | 60,688 | 0.55 | 769 | 7.73 | 11,279 | 10.50 | 17.8 | 17.5 | 3.07 | 10.4 | 0.38 | 64.66 | 42,839 | 6.4 |
| 10. | APL Apollo Tubes | 2,152.70 | 48.1 | 59,772 | 0.40 | 263 | -10.24 | 5,438 | 2.14 | 28.0 | 25.3 | 11.29 | 7.1 | 0.09 | 36.91 | 22,385 | 12.6 |
| Median: 38 Co. | 890.88 | 22.7 | 10,261 | 0.20 | 1,345 | 31.42 | 9,284 | 7.87 | 18.3 | 11.2 | 2.65 | 9.4 | 0.41 | 63.73 | 37,455 | 4.0 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
| ₹ Cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Sales | 8 | 20 | 29 | 9 | 16 |
| Operating Profit | -0 | 0 | 0 | 2 | 0 |
| Profit before tax | 0 | 0 | 1 | 2 | 1 |
| Net Profit | 0 | 0 | 1 | 1 | 1 |
| EPS in Rs | 0.02 | 0.04 | 0.12 | 0.26 | 0.14 |
Profit & Loss
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 9 | 65 | |||
| Operating Profit | -0 | -1 | -1 | 2 | |
| Interest | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | |||
| Profit before tax | -0 | -1 | -0 | 3 | |
| Net Profit | -0 | -1 | 0 | 2 | |
| EPS in Rs | -1.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 1 | 24 | 35 | 54 |
| Reserves | -1 | 19 | 24 | 76 |
| 0 | 3 | 1 | ||
| Long term borrowings | 0 | 3 | 1 | |
| 0 | 0 | 5 | 17 | |
| Trade payables | 0 | 0 | 2 | 16 |
| Minority interest | 1 | |||
| Current liabilities | 0 | 0 | 4 | 17 |
| Total Liabilities | 0 | 43 | 67 | 148 |
| 9 | 8 | |||
| Gross block | 9 | 8 | ||
| Accumulated depreciation | 0 | 0 | ||
| Goodwill & intangibles | 0 | 0 | ||
| CWIP | 9 | 7 | ||
| 0 | 43 | 49 | 133 | |
| Inventories | 18 | 18 | ||
| Trade receivables | 2 | 29 | ||
| Cash & equivalents | 0 | 43 | 1 | 16 |
| Current assets | 0 | 43 | 57 | 126 |
| Total Assets | 0 | 43 | 67 | 148 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -0 | -1 | -51 | -41 | |
| Profit for the year | -0 | -1 | 0 | 2 |
| Working capital changes | -0 | 0 | -50 | -42 |
| Direct taxes paid | 0 | 1 | ||
| 0 | 0 | 0 | -13 | |
| Fixed assets purchased | -1 | -1 | ||
| Fixed assets sold | 2 | |||
| 44 | 11 | 56 | ||
| Proceeds from borrowings | 1 | |||
| Repayment of borrowings | -2 | |||
| Interest paid | -0 | -0 | -0 | |
| Net Cash Flow | -0 | 43 | -39 | 2 |
| Free Cash Flow | -0 | -1 | -52 | -42 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | -118.4% | -5.6% | 0.1% | 2.5% |
| ROCE | — | -57.5% | -2.8% | -0.2% | 2.4% |
| Operating margin | — | — | — | -12.9% | 3.0% |
| Net margin | — | — | — | 0.4% | 3.7% |
| Debt / equity | — | 1.06 | 0.00 | 0.04 | 0.01 |
| Current ratio | — | 21.72 | 680.33 | 13.77 | 7.56 |
| Debtor days | — | — | — | 80 | 161 |
| Inventory days | — | — | — | 787 | 114 |
| Days payable | — | — | — | 76 | 99 |
| Cash conversion cycle | — | — | — | 791 | 176 |
| Working capital days | — | — | — | 2,121 | 616 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
- Promoters & insiders 79.99%
- Institutions (FII, DII, funds) 13.78%
- Public & others 6.23%
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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