AZAD ENGINEERING Company Profile: Products, Promoter and Clients

AZAD ENGINEERING Company Description

Established in 1983, AZAD ENGINEERING is a premier manufacturer of turbine and aerospace components. Known for their stringent engineering standards and complex designs, AZAD's high-quality parts are utilized by power generation and aerospace OEMs worldwide in a diverse array of applications.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education 

Q1. What are the Product and service offerings of Azad Engineering Ltd?

Azad Engineering is a leading manufacturer of precision-engineered, complex components for global original equipment manufacturers (OEMs) in the aerospace, defense, energy, and oil and gas sectors. The company specializes in producing highly engineered parts that are mission and life-critical, with some products requiring a 'zero parts per million' defect standard. 

Their offerings in the aerospace and defense sectors include airfoils/blades and components for engines, auxiliary power units (APUs), hydraulics, actuating systems, flight controls, fuel, and inerting systems of commercial and defense aircraft, spacecraft, and missile systems. Azad Engineering has supplied essential components to major commercial aircraft programs, including the B737, B737 Max, B747, B777, B777X, A320, A350, A355, A350 XWB, and Gulfstream G550.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery     

Q2. Who are the Promoters/Management of Azad Engineering Ltd?

Rakesh Chopdar serves as the Chairman and CEO of the company. He completed his education up to the 10th standard at Trinity Public School in Hyderabad, Telangana. He has been associated with the company since 2003 and possesses over two decades of experience in engineering and manufacturing. His accolades include winning the third prize at the “National Award for Outstanding Entrepreneurship” under “Small Enterprises (Manufacturing)” from the Government of India, MSME in 2012, being named “Young Asian Entrepreneur 2019-20” by CNBC – TV18 in 2020, and receiving the National MSME Award-2022 first prize in manufacturing export medium enterprise by the Ministry of Micro, Small and Medium Enterprises, Government of India.

Jyoti Chopdar, the Whole-Time Director of the company, holds a bachelor’s degree in arts from Kurukshetra University. She has been with the company for over eight years and plays a key role in overseeing general administrative activities.

Vishnu Pramodkumar Malpani, another Whole-Time Director, holds a bachelor's degree in technology from the Indian Institute of Technology, Guwahati, Assam. He has also completed an executive education program on finance for non-finance managers from the Indian School of Business. His previous roles include project engineer at Wipro Technologies, lead consultant at Prashaste Education and Management Consultancy Private Limited, senior manager of business analytics at Jubilant MotorWorks Private Limited, and CEO of Raam Autobahn India Private Limited (Mercedes Benz Silver Star).

Q3. Who are the Clients of the company?

Global OEMs in the energy, aerospace and defense, and oil and gas sectors, including General Electric, Honeywell International, Mitsubishi Heavy Industries, Siemens Energy, Eaton Aerospace, and MAN Energy Solutions SE, are among the company's clients.

Also Read: KPIT Technologies Ltd. Company Profile: Products, Promoters and Clients

(By Naman Rathi)