StoxMTAR Technologies vs Azad Engineering: share price & financials comparison
NSE: MTARTECH vs AZAD · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
MTAR Technologies vs Azad Engineering at a glance
MTAR Technologies (MTARTECH) has a market capitalisation of ₹18,629 Cr, against ₹15,860 Cr for Azad Engineering (AZAD). Over the past year MTAR Technologies has returned +139.7%, compared with +48.3% for Azad Engineering. Azad Engineering earns a higher return on equity (8.6% vs 0.0%). Azad Engineering comes out ahead on size, valuation, profitability, financial health, momentum and technicals. Across the scored metrics below, MTAR Technologies leads on 2 and Azad Engineering on 10. On StoxGud's 10-point checklist, MTAR Technologies scores 6/10 and Azad Engineering scores 7/10.
| Metric | MTAR Technologies | Azad Engineering |
|---|---|---|
| Size | ||
| Market cap | ₹18,629 Cr | ₹15,860 Cr |
| Revenue (latest FY) | ₹876 Cr | ₹603 Cr |
| Net profit (latest FY) | ₹0 Cr | ₹133 Cr |
| Valuation | ||
| P/E | — | 115.7 |
| P/B | 22.65 | 9.94 |
| Profitability | ||
| Return on equity | 0.0% | 8.6% |
| Net profit margin | 0.0% | 20.1% |
| Operating margin | 21.1% | 38.0% |
| Growth | ||
| Revenue growth (YoY) | +130.4% | +31.1% |
| Net profit growth (YoY) | — | -5.7% |
| Revenue CAGR (multi-year) | +28.9% | +33.0% |
| Financial health | ||
| Debt to equity | 0.45 | 0.35 |
| Momentum | ||
| 1-month return | -21.5% | -17.7% |
| 1-year return | +139.7% | +48.3% |
| 3-year CAGR | +40.0% | — |
| 5-year CAGR | +26.1% | — |
| Distance from 52W high | -27.7% | -19.8% |
| Technicals | ||
| RSI (14) | 43 | 48 |
| Price vs 200-day avg | +2.0% | +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 | MTAR Technologies | 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 | 6/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, MTAR Technologies or Azad Engineering?
MTAR Technologies has a market cap of ₹18,629 Cr and Azad Engineering has a market cap of ₹15,860 Cr as of 13 Nov 2026.
Which gave better returns in the last year, MTAR Technologies or Azad Engineering?
MTAR Technologies did better: MTAR Technologies returned +139.7% and Azad Engineering returned +48.3% over one year.
What is the difference between MTAR Technologies and Azad Engineering?
Both are NSE-listed companies in Capital Goods. MTAR Technologies is about 1.2 times the size of Azad Engineering by market cap. In the latest financial year MTAR Technologies reported revenue of ₹876 Cr and Azad Engineering ₹603 Cr. Operating margin is 21.1% for MTAR Technologies and 38.0% for Azad Engineering. Debt to equity is 0.45 for MTAR Technologies and 0.35 for Azad Engineering.
Which is better, MTAR Technologies or Azad Engineering?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, MTAR Technologies leads on 2 and Azad Engineering on 10. Azad Engineering is ahead on size, valuation, profitability, financial health, momentum and technicals. On StoxGud's rules-based checklist MTAR Technologies scores 6/10 and Azad Engineering scores 7/10. This is information, not advice: consult a SEBI-registered adviser before investing.