About Azad India Mobility Limited
Data last updated:
Azad India Mobility Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general-purpose machinery segment of the industrial equipment and machinery sector. It was incorporated on 25 August 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29100MH1960PLC011794. Its GSTIN is 27AAACI2817E2ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 504731 and NSE: AZADIND.
The company has an authorised share capital of ₹83 Cr and a paid-up capital of ₹54.44 Cr. It is led by directors including Bupinder Singh Chadha (Managing Director) and Sheetal Bhavin Nagda.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹64.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 3.7%) and EBITDA of ₹2.12 Cr (EBITDA margin 3.3%). The net worth stands at ₹130.37 Cr (up 120.3% YoY). Total assets are valued at ₹131.04 Cr (up 109% YoY).
The company is associated with 2 brands: Azad India Mobility and Indian Bright Steel Company. As per MCA filings, the company has satisfied charges of ₹12.77 Cr on record. The company has 23 deals on record (21 market trades, 2 acquisitions); the latest was in January 2025. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is CMSR Steel Private Limited with revenue of ₹10.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianbrightsteel.com.
Company details
CIN history
Azad India Mobility has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29100MH1960PLC011794, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29100MH1960PLC011794 | Current |
| U13209MH1960PLC011794 | Previous |
| L13209MH1960PLC011794 | Previous |
| L27200MH1960PLC011794 | Previous |
Contact details
Azad India Mobility Limited's registered office is in Mumbai, Maharashtra. Its website is indianbrightsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 6 8th Floor Everest Building Janata Nagar, Tardeo Road Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryEquipment & Machinery, General Purposemachinery, Manufacturing
To see the full contact details of Azad India Mobility Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Azad India Mobility operates two associated brands: Azad India Mobility and Indian Bright Steel Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Azad India Mobility produces electric buses for public, school, and commercial use. | azadindiamobility.com | |
| Repairs, maintenance, and inspections for industrial vehicles are provided. | indianbrightsteel.com |
Financials of Azad India Mobility Limited
FY 2025-26 filings availableAzad India Mobility Limited reported revenue of ₹64.94 Cr (up 619.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 64.94 | 9.03 | 0.00 |
| Revenue growth | +619.2% | - | - |
| EBITDA | 2.12 | (1.07) | (1.30) |
| EBITDA margin | +3.3% | -11.9% | - |
| Profit before tax | 3.16 | (0.18) | (1.22) |
| Net profit | 2.38 | 0.03 | (1.30) |
| Net profit margin | +3.7% | +0.3% | - |
| EPS (₹) | 0.44 | 0.01 | (0.50) |
| Balance sheet | |||
| Total assets | 131 | 62.70 | 42.87 |
| Net worth | 130 | 59.17 | 42.87 |
| Total debt | 0.65 | 2.64 | 0.00 |
| Cash & bank | 16.35 | 1.47 | 42.93 |
| Net working capital | 110 | 52.50 | 42.87 |
| Cash flow | |||
| Cash from operations | (40.65) | (51.04) | (1.24) |
| Cash from investing | (12.78) | 0.26 | 0.00 |
| Cash from financing | 68.31 | 11.33 | 44.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.45 | 8.76 | 28.68 | 19.81 | 7.69 | 9.03 | 0.00 | 0.00 |
| Revenue growth (YoY) | +113.9% | -3.0% | - | - | - | - | - | - |
| Other income | 0.41 | 0.37 | 0.46 | 0.21 | 0.19 | 0.11 | 0.21 | 0.52 |
| EBITDA | 0.40 | 1.92 | 0.24 | 0.05 | (0.09) | 0.10 | (0.42) | (0.38) |
| EBITDA margin | +2.4% | +21.9% | +0.8% | +0.3% | -1.2% | +1.1% | - | - |
| Depreciation | 0.04 | 0.08 | 0.04 | 0.03 | 0.04 | 0.04 | 0.02 | 0.01 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.76 | 2.20 | 0.66 | 0.23 | 0.06 | 0.17 | (0.23) | 0.13 |
| Tax | 0.00 | 0.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 0.76 | 1.42 | 0.66 | 0.23 | 0.06 | 0.17 | (0.23) | 0.13 |
| EPS (₹) | 0.14 | 0.26 | 0.12 | 0.04 | 0.02 | 0.05 | (0.08) | 0.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 64.94 | 9.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth | +619.2% | - | - | - | - | - | - |
| EBITDA | 2.12 | (1.06) | (1.30) | (0.11) | (0.20) | (0.14) | (0.17) |
| EBITDA margin | +3.3% | -11.7% | - | - | - | - | - |
| Profit before tax | 3.18 | (0.12) | (1.22) | (0.09) | (0.18) | (0.09) | (0.11) |
| Net profit | 2.40 | 0.08 | (1.30) | (0.09) | (0.18) | (0.09) | (0.11) |
| Net profit margin | +3.7% | +0.9% | - | - | - | - | - |
| EPS (₹) | 0.44 | 0.02 | (0.50) | (0.91) | (1.83) | (0.82) | (1.10) |
| Balance sheet | |||||||
| Total assets | 130 | 61.20 | 42.87 | 0.16 | 0.25 | 0.43 | 0.51 |
| Net worth | 130 | 59.20 | 42.87 | 0.08 | 0.17 | 0.35 | 0.43 |
| Total debt | 0.01 | 2.00 | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 |
| Cash & bank | 16.31 | 1.42 | 42.93 | 0.16 | 0.26 | 0.01 | 0.01 |
| Net working capital | 109 | 51.89 | 42.87 | 0.16 | 0.24 | 0.02 | 0.01 |
| Cash flow | |||||||
| Cash from operations | (40.63) | (51.47) | (1.22) | (0.10) | (0.18) | (0.14) | (0.13) |
| Cash from investing | (12.78) | (5.01) | 0.00 | 0.01 | 0.44 | 0.14 | 0.13 |
| Cash from financing | 68.31 | 14.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.45 | 8.76 | 28.68 | 19.81 | 7.69 | 9.03 | 0.00 | 0.00 |
| Revenue growth (YoY) | +113.9% | -3.0% | - | - | - | - | - | - |
| Other income | 0.41 | 0.37 | 0.46 | 0.21 | 0.19 | 0.11 | 0.21 | 0.52 |
| Total expenses | 16.04 | 6.85 | 28.45 | 19.75 | 7.77 | 8.93 | 0.42 | 0.38 |
| EBITDA | 0.41 | 1.91 | 0.23 | 0.06 | (0.08) | 0.10 | (0.42) | (0.38) |
| EBITDA margin | +2.5% | +21.8% | +0.8% | +0.3% | -1.0% | +1.1% | - | - |
| Depreciation | 0.04 | 0.06 | 0.04 | 0.03 | 0.04 | 0.04 | 0.02 | 0.01 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Profit before tax | 0.77 | 2.21 | 0.65 | 0.24 | 0.07 | 0.14 | (0.23) | 0.13 |
| Tax | 0.00 | 0.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.45 | 8.76 | 28.68 | 19.81 | 7.69 | 9.03 | 0.00 | 0.00 |
| Revenue growth (YoY) | +113.9% | -3.0% | - | - | - | - | - | - |
| Other income | 0.41 | 0.37 | 0.46 | 0.21 | 0.19 | 0.11 | 0.21 | 0.52 |
| EBITDA | 0.40 | 1.92 | 0.24 | 0.05 | (0.09) | 0.10 | (0.42) | (0.38) |
| EBITDA margin | +2.4% | +21.9% | +0.8% | +0.3% | -1.2% | +1.1% | - | - |
| Depreciation | 0.04 | 0.08 | 0.04 | 0.03 | 0.04 | 0.04 | 0.02 | 0.01 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.76 | 2.20 | 0.66 | 0.23 | 0.06 | 0.17 | (0.23) | 0.13 |
| Tax | 0.00 | 0.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 0.76 | 1.42 | 0.66 | 0.23 | 0.06 | 0.17 | (0.23) | 0.13 |
| EPS (₹) | 0.14 | 0.26 | 0.12 | 0.04 | 0.02 | 0.05 | (0.08) | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 64.94 | 9.03 | 0.00 |
| Revenue growth | +619.2% | - | - |
| Other income | 1.24 | 1.03 | 0.08 |
| Total expenses | 62.82 | 10.10 | 1.30 |
| Employee cost | 0.00 | 0.47 | 0.09 |
| EBITDA | 2.12 | (1.07) | (1.30) |
| EBITDA margin | +3.3% | -11.9% | - |
| Depreciation | 0.19 | 0.11 | 0.00 |
| Interest | 0.01 | 0.03 | 0.00 |
| Profit before tax | 3.16 | (0.18) | (1.22) |
| Tax | 0.78 | (0.20) | 0.00 |
| Net profit | 2.38 | 0.03 | (1.30) |
| Net profit margin | +3.7% | +0.3% | - |
| EPS (₹) | 0.44 | 0.01 | (0.50) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 54.44 | 35.18 | 24.13 |
| Reserves & surplus | 75.93 | 18.41 | 11.74 |
| Shareholders' funds (net worth) | 130 | 59.17 | 42.87 |
| Minority interest | 0.00 | 0.89 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.65 | 2.64 | 0.00 |
| Total debt | 0.65 | 2.64 | 0.00 |
| Total liabilities | 131 | 62.70 | 42.87 |
| Assets | |||
| Gross block | 0.95 | 0.75 | 0.00 |
| Net block | 0.65 | 0.64 | 0.00 |
| Capital work in progress | 7.11 | 6.09 | 0.00 |
| Investments | 11.89 | 0.00 | 0.00 |
| Inventories | 18.21 | 17.97 | 0.00 |
| Sundry debtors | 28.68 | 1.98 | 0.00 |
| Cash & bank balances | 16.35 | 1.47 | 42.93 |
| Loans & advances | 63.04 | 35.19 | 0.00 |
| Total current assets | 126 | 56.61 | 42.93 |
| Total current liabilities | 16.70 | 4.11 | 0.06 |
| Net working capital | 110 | 52.50 | 42.87 |
| Total assets | 131 | 62.70 | 42.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 1.47 | 40.92 | 0.16 |
| Net cash from operating activities | (40.65) | (51.04) | (1.24) |
| Net cash from investing activities | (12.78) | 0.26 | 0.00 |
| Net cash from financing activities | 68.31 | 11.33 | 44.00 |
| Net change in cash | 14.88 | (39.45) | 42.76 |
| Closing cash | 16.35 | 1.47 | 42.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +619.2% | - | - |
| EBITDA growth | +298.1% | +17.7% | - |
| PBT growth | +9998.0% | +85.3% | +9997.0% |
| Net income growth | +7833.3% | +102.3% | - |
| Profitability & leverage | |||
| Net income margin | +3.7% | +0.2% | - |
| Return on capital employed | +3.2% | -0.3% | 0.0% |
| Return on net worth | +2.5% | +0.1% | 0.0% |
| Debt / equity | 0.02 | 0.03 | 0.00 |
| Long-term debt / equity | 0.02 | 0.03 | 0.00 |
| Interest cover | 0.52 | -2.54 | 0.00 |
| Efficiency & per share | |||
| Fixed asset turnover | 76.40 | 24.08 | 0.00 |
| Inventory turnover | 3.59 | 1.01 | 0.00 |
| Debtors turnover | 4.24 | 9.12 | 0.00 |
| EPS (₹) | 0.44 | 0.01 | (0.50) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 23.95 | 15.23 | 14.87 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.45 | 8.76 | 28.68 | 19.81 | 7.69 | 9.03 | 0.00 | 0.00 |
| Revenue growth (YoY) | +113.9% | -3.0% | - | - | - | - | - | - |
| Other income | 0.41 | 0.37 | 0.46 | 0.21 | 0.19 | 0.11 | 0.21 | 0.52 |
| Total expenses | 16.04 | 6.85 | 28.45 | 19.75 | 7.77 | 8.93 | 0.42 | 0.38 |
| EBITDA | 0.41 | 1.91 | 0.23 | 0.06 | (0.08) | 0.10 | (0.42) | (0.38) |
| EBITDA margin | +2.5% | +21.8% | +0.8% | +0.3% | -1.0% | +1.1% | - | - |
| Depreciation | 0.04 | 0.06 | 0.04 | 0.03 | 0.04 | 0.04 | 0.02 | 0.01 |
| Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 |
| Profit before tax | 0.77 | 2.21 | 0.65 | 0.24 | 0.07 | 0.14 | (0.23) | 0.13 |
| Tax | 0.00 | 0.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 64.94 | 9.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue growth | +619.2% | - | - | - | - | - | - |
| Other income | 1.24 | 1.03 | 0.08 | 0.02 | 0.02 | 0.05 | 0.06 |
| Total expenses | 62.82 | 10.09 | 1.30 | 0.11 | 0.20 | 0.14 | 0.17 |
| Employee cost | 0.00 | 0.47 | 0.09 | 0.04 | 0.12 | 0.07 | 0.08 |
| EBITDA | 2.12 | (1.06) | (1.30) | (0.11) | (0.20) | (0.14) | (0.17) |
| EBITDA margin | +3.3% | -11.7% | - | - | - | - | - |
| Depreciation | 0.17 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 3.18 | (0.12) | (1.22) | (0.09) | (0.18) | (0.09) | (0.11) |
| Tax | 0.78 | (0.20) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 2.40 | 0.08 | (1.30) | (0.09) | (0.18) | (0.09) | (0.11) |
| Net profit margin | +3.7% | +0.9% | - | - | - | - | - |
| EPS (₹) | 0.44 | 0.02 | (0.50) | (0.91) | (1.83) | (0.82) | (1.10) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 54.44 | 35.18 | 24.13 | 1.00 | 1.00 | 1.00 | 1.00 |
| Reserves & surplus | 76.00 | 18.44 | 11.74 | (0.92) | (0.83) | (0.65) | (0.57) |
| Shareholders' funds (net worth) | 130 | 59.20 | 42.87 | 0.08 | 0.17 | 0.35 | 0.43 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.01 | 2.00 | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 |
| Total debt | 0.01 | 2.00 | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 |
| Total liabilities | 130 | 61.20 | 42.87 | 0.16 | 0.25 | 0.43 | 0.51 |
| Assets | |||||||
| Gross block | 0.83 | 0.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.60 | 0.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 3.69 | 2.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 15.39 | 2.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 17.88 | 17.64 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 28.68 | 1.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 16.31 | 1.42 | 42.93 | 0.16 | 0.26 | 0.01 | 0.01 |
| Loans & advances | 62.81 | 34.97 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total current assets | 126 | 56.01 | 42.93 | 0.16 | 0.26 | 0.02 | 0.02 |
| Total current liabilities | 16.71 | 4.12 | 0.06 | 0.00 | 0.02 | 0.00 | 0.01 |
| Net working capital | 109 | 51.89 | 42.87 | 0.16 | 0.24 | 0.02 | 0.01 |
| Total assets | 130 | 61.20 | 42.87 | 0.16 | 0.25 | 0.43 | 0.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.42 | 42.93 | 0.26 | 0.26 | 0.01 | 0.01 | 0.01 |
| Net cash from operating activities | (40.63) | (51.47) | (1.22) | (0.10) | (0.18) | (0.14) | (0.13) |
| Net cash from investing activities | (12.78) | (5.01) | 0.00 | 0.01 | 0.44 | 0.14 | 0.13 |
| Net cash from financing activities | 68.31 | 14.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 14.90 | (41.51) | (1.22) | (0.10) | 0.25 | 0.00 | 0.01 |
| Closing cash | 16.31 | 1.42 | 42.93 | 0.16 | 0.26 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +619.2% | - | - | - | - | - | - |
| EBITDA growth | +300.0% | +18.5% | -1081.8% | +45.0% | -42.9% | +17.7% | - |
| PBT growth | +9998.0% | +89.3% | -1255.6% | +50.0% | -100.0% | +18.2% | +31.3% |
| Net income growth | +2900.0% | +106.2% | -1344.4% | +50.0% | -100.0% | +18.2% | - |
| EBITDA CAGR (3Y) | - | +74.9% | +110.2% | -13.5% | -3.1% | -8.0% | -5.3% |
| Profitability & leverage | |||||||
| Net income margin | +3.7% | +0.8% | - | - | - | - | - |
| Return on capital employed | +3.3% | -0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +2.5% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.01 | 0.02 | 0.00 | 0.64 | 0.31 | 0.21 | 0.16 |
| Long-term debt / equity | 0.01 | 0.02 | 0.00 | 0.64 | 0.15 | 0.00 | 0.00 |
| Interest cover | 0.52 | -2.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 88.96 | 28.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 3.66 | 1.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.24 | 9.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.44 | 0.02 | (0.50) | (0.91) | (1.83) | (0.82) | (1.10) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 23.96 | 15.24 | 14.87 | 0.77 | 1.67 | 3.50 | 4.32 |
To see the full year-wise statements and ratios of Azad India Mobility Limited, buy the company report.
Board of directors and KMP of Azad India Mobility Limited
Azad India Mobility Limited currently reports 4 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheetal Bhavin Nagda | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Ulhas Narayan Deosthale Also directs: Axentra Corp Limited | Cfo | 05 Sep 2024 | 2 Years 1 Months | Current |
| Charanjeet Singh Chadha | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Nitin Atmaram Sarfare | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Bupinder Singh Chadha Also directs: Nae Mobility Private Limited, Green Drive Solutions Private Limited, Azad Coach Builders Private Limited and 1 more | Managing Director | 19 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Azad India Mobility Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Azad India Mobility Limitedthis company | ₹64.94 Cr (FY 2026) | ₹2.38 Cr | 3.7% | 619.2% | Mumbai, Maharashtra, India | |
| CMSR Steel Private Limited | ₹10.12 Cr (FY 2019) | 59.0% | Bangalore, Karnataka, India | |||
| Supersheet Steel Profile Private Limited | ₹10.11 Cr (FY 2024) | 94.0% | Saoner, Maharashtra, India | |||
| Ssif Industries Private Limited | ₹10.08 Cr (FY 2025) | 55.0% | Uluberia, West Bengal, India | |||
| Jairam Foundry Private Limited | ₹10.07 Cr (FY 2021) | -12.0% | Nalgonda, Telangana, India | |||
| Shrine Steelmelt Private Limited | ₹10.06 Cr (FY 2024) | 404.0% | Rajkot, Gujarat, India | |||
| Popular Steel Works and Agricultural Implements Private Limited | ₹10.04 Cr (FY 2025) | 14.0% | Kolhapur, Maharashtra, India | |||
| Jhadeswar Ispat Private Limited | ₹10.01 Cr (FY 2022) | -64.0% | Jharsuguda, Odisha, India | |||
| Rinita Metaliks Private Limited | ₹10.01 Cr (FY 2024) | -49.0% | Howrah, West Bengal, India | |||
| Sri Steel & Power Private Limited | ₹10 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Shree Prakash Prashad Re-Rolling Private Limited | ₹9.99 Cr (FY 2025) | 58.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Azad India Mobility Limited, buy the company report.
Auditor
Azad India Mobility Limited is audited by R. Bhargava & Associates Char tered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Bhargava & Associates Char tered Accountants | FY 2023 | 012788N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 15.50%, foreign institutional investors hold 48.70%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 35.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 15.50% | 15.50% | 15.50% | 15.50% |
| Public | 84.50% | 84.50% | 84.50% | 84.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2005 | 90159277 | Industrial Development Bank of India Limited | ₹9 Cr | Satisfied | |
| 15 Aug 2002 | 90157992 | Indian Overseas Bank | ₹3 Lakh | Satisfied | |
| 11 Oct 1982 | 90155609 | Indian Overseas Bank | ₹30 Lakh | Satisfied | |
| 06 Aug 1982 | 90155607 | Indian Overseas Bank | ₹98.7 Lakh | Satisfied | |
| 05 Aug 1982 | 90154921 | Indian Overseas Bank | ₹1.24 Cr | Satisfied |
To see the full charge records of Azad India Mobility Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Azad India Mobility Limited has 23 deals on record (21 market trades, 2 acquisitions); the latest was in January 2025.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Market trade | ₹50.3 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited , an individual Seller: an individual |
| Apr 2024 | Market trade | ₹37.2 Lakh | Buyer: an individual Seller: Multiplier Share and Stock Advisors Private Limited |
| Apr 2024 | Market trade | ₹33 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: an individual |
| Mar 2024 | Market trade | ₹7.5 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Mar 2024 | Market trade | ₹74.9 Lakh | Buyer: Ajay Singhal Huf, Duganta Oil and Natural Gas Private Limited , Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited , 2 individuals |
To see the full deal history of Azad India Mobility Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Azad India Mobility Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Azad India Mobility Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Azad India Mobility has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI2817E2ZW | Maharashtra | Active | 24 May 2024 |
To see the full GST registrations and return filing status of Azad India Mobility Limited, buy the company report.
Recent activity
Azad India Mobility Limited has 19 board changes on record since 2010: 5 appointments and 14 cessations. The latest: Ulhas Narayan Deosthale was appointed as CFO on 05 Sep 2024.
38 earlier events are in the company report.
News
Frequently asked questions
Azad India Mobility is an active public limited company based in Mumbai, Maharashtra, India. The company works in general purposemachinery, within the equipment and machinery industry. It was incorporated on 25 August 1960 (66+ years old) and is registered under CIN L29100MH1960PLC011794. Listed on BSE: 504731 and NSE: AZADIND.
Azad India Mobility reported revenue of ₹64.94 Cr for FY 2025-26 (up 619.2% YoY) based on consolidated financials.
Azad India Mobility has 5 current directors and KMP:
- Bupinder Singh Chadha - Managing Director
- Sheetal Bhavin Nagda - Director
- Charanjeet Singh Chadha - Director
- Nitin Atmaram Sarfare - Director
- Ulhas Narayan Deosthale - Cfo
The latest financial statements of Azad India Mobility on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Azad India Mobility is 27AAACI2817E2ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Azad India Mobility is L29100MH1960PLC011794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Azad India Mobility is a listed company as per MCA records. Its shares are listed on both BSE (code: 504731) and NSE (symbol: AZADIND).
Azad India Mobility was incorporated on 25 August 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
Azad India Mobility has 23 deals on record (21 market trades, 2 acquisitions); the latest was in January 2025.
The peers of Azad India Mobility by revenue are CMSR Steel Private Limited, Supersheet Steel Profile Private Limited, Ssif Industries Private Limited, Jairam Foundry Private Limited, Shrine Steelmelt Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Ulhas Narayan Deosthale was appointed as CFO on 05 Sep 2024. Ramesh Chandra Pareek ceased to be Additional Director on 13 May 2024. Avinash Alok Jajodia ceased to be Director on 19 Apr 2024. Azad India Mobility has 19 board changes on record in total.