StoxINOX India vs Azad Engineering: share price & financials comparison
NSE: INOXINDIA vs AZAD · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
INOX India vs Azad Engineering at a glance
INOX India (INOXINDIA) has a market capitalisation of ₹17,838 Cr, against ₹15,860 Cr for Azad Engineering (AZAD). Over the past year INOX India has returned +61.6%, compared with +48.3% for Azad Engineering. On valuation, INOX India trades at a lower P/E of 67.9 versus 115.7. INOX India earns a higher return on equity (21.4% vs 8.6%). INOX India comes out ahead on size, momentum and technicals. Azad Engineering comes out ahead on profitability and growth. Across the scored metrics below, INOX India leads on 8 and Azad Engineering on 5. On StoxGud's 10-point checklist, INOX India scores 8/10 and Azad Engineering scores 7/10.
| Metric | INOX India | Azad Engineering |
|---|---|---|
| Size | ||
| Market cap | ₹17,838 Cr | ₹15,860 Cr |
| Revenue (latest FY) | ₹1,587 Cr | ₹603 Cr |
| Net profit (latest FY) | ₹258 Cr | ₹133 Cr |
| Valuation | ||
| P/E | 67.9 | 115.7 |
| P/B | 14.53 | 9.94 |
| Dividend yield | 0.10% | — |
| Profitability | ||
| Return on equity | 21.4% | 8.6% |
| Net profit margin | 15.3% | 20.1% |
| Operating margin | 20.6% | 38.0% |
| Growth | ||
| Revenue growth (YoY) | +27.4% | +31.1% |
| Net profit growth (YoY) | +9.1% | -5.7% |
| Revenue CAGR (multi-year) | +18.4% | +33.0% |
| Financial health | ||
| Debt to equity | 0.00 | 0.35 |
| Momentum | ||
| 1-month return | -5.9% | -17.7% |
| 1-year return | +61.6% | +48.3% |
| Distance from 52W high | -14.5% | -19.8% |
| Technicals | ||
| RSI (14) | 60 | 48 |
| Price vs 200-day avg | +17.4% | +12.1% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | INOX India | Azad Engineering |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✗ | ✗ |
| Score | 8/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, INOX India or Azad Engineering?
INOX India has a market cap of ₹17,838 Cr and Azad Engineering has a market cap of ₹15,860 Cr as of 13 Nov 2026.
Which has a lower P/E, INOX India or Azad Engineering?
INOX India has the lower P/E: INOX India trades at 67.9 and Azad Engineering at 115.7.
Which gave better returns in the last year, INOX India or Azad Engineering?
INOX India did better: INOX India returned +61.6% and Azad Engineering returned +48.3% over one year.
What is the difference between INOX India and Azad Engineering?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹17,838 Cr vs ₹15,860 Cr). In the latest financial year INOX India reported revenue of ₹1,587 Cr and Azad Engineering ₹603 Cr. Operating margin is 20.6% for INOX India and 38.0% for Azad Engineering. Debt to equity is 0.00 for INOX India and 0.35 for Azad Engineering.
Which is better, INOX India or Azad Engineering?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, INOX India leads on 8 and Azad Engineering on 5. INOX India is ahead on size, momentum and technicals. Azad Engineering is ahead on profitability and growth. On StoxGud's rules-based checklist INOX India scores 8/10 and Azad Engineering scores 7/10. This is information, not advice: consult a SEBI-registered adviser before investing.