Azad India Mobility ~ Targeting 2.5x Revenue Scale-Up in FY27
Azad India Mobility entering an important execution-led growth
The biggest near-term trigger is FY27 revenue growth along with industry revival and multiple market foray.
FY26 total income stood at Rs. 64.94 Cr, nearly 7x the previous year. For FY27, the company expects total income to cross Rs. 150 Cr — taking the business to roughly 2.3x FY26 revenue, and closer to a 2.5x scale-up if execution exceeds the minimum guidance.
What gives visibility to this growth?
24 months of confirmed order with customers including Fresh Bus, Zing Bus, Payanam and other private operators.
Deliveries are expected to be weighted towards the second half
Net profit margin expanded from just 0.9% in Q1 FY26 to 4.65% in Q1 FY27
In advanced-stage discussions with a State Transport Undertaking for government-supported procurement opportunities.
Discussions are underway for potential supply of 2,000+ electric buses to Indonesia over three years.
Forwarded fromBeat The Street Equity Research Reports | Books
September 2, 2026 172 1
