The company was originally incorporated as ‘Azad Engineering Private Limited’ at Hyderabad, Telangana, as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated September 14, 1983, issued by Registrar of Company, Telangana at Hyderabad (RoC). Subsequently, the name of the company was changed to ‘Azad Engineering Limited’ pursuant to the conversion of the company from a private limited company to a public limited company and a fresh certificate of incorporation dated September 5, 2023, was issued by the RoC.

The company is one of the key manufacturers of its qualified product lines supplying to global original equipment manufacturers (OEMs) in the energy, aerospace and defence, and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components. It manufactures complex and highly engineered precision forged and machined components that are mission and life-critical and hence, some of its products have a “zero parts per million” defects requirement. It competes with manufacturers from China, Europe, USA and Japan. Its customers include global OEMs across the energy, aerospace and defence, and oil and gas industries such as General Electric, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., Siemens Energy, Eaton Aerospace and MAN Energy Solutions SE.

The company’s products include 3D rotating airfoil/ blade portions of turbine engines and other critical components for (a) gas, nuclear and thermal turbines used in industrial applications or energy generation, and (b) defence and civil aircrafts and spaceships. The demand for such precision, forged and machined components is driven by requirements relating to energy turbines (industrial, gas, nuclear and coal), aircrafts (commercial and military), amongst others. Airfoils/ blades are one of the most critical 3D rotating and stationary parts of a turbine in the compression section. To sustain the high pressure, airfoils/ blades are made up of exotic/ super alloys and manufactured with a unique process designed by the company.

In the energy industry, the company produces high-precision rotating and stationary 3D airfoils/ blades, special machined parts and combustion component assemblies for land-based turbines with applications in industrial and energy plants using different fuel types such as nuclear, hydrogen, natural gas and thermal. The company’s aerospace and defence products include airfoils/ blades and components for engines, auxiliary power units (APUs), hydraulics, actuating systems, flight controls, fuel and inerting sections of commercial and defence aircrafts and spacecrafts, among other defence systems and various critical components for missiles. It has supplied critical components to major commercial aircraft manufacturers such as B737, B737 Max, B747, B777, B777X, A320, A350, A355, A350 XWB, Gulfstream G550 and are currently in discussions for supply of components for new engine platforms to various kinds of aircraft manufacturers. For the oil and gas industry, it manufactures components of drilling rigs such as drill bits and other critical components that are used in drilling equipment and are part of exploration and production phase.

Business area of the company

The company is one of the key manufacturers of its qualified product lines in the aerospace and defence, energy and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.

Awards and accreditations

• 2013: Regional ‘Star Performer – Large Enterprise (engine and turbines & parts thereof)’ award from EEPC India at the Regional Export Awards.
• 2013: ‘New Best Business Partner’ by Hindustan Aeronautics Limited in blades manufacturing.
• 2014: Certificate of Excellence and Star Performer Award 2013 – 14 in the product group Engine and Turbines and Parts, Medium Enterprise award from Engineering Exports Promotion Council for 2013-14.
• 2014: ‘Excellent Supplier Award 2014’ from Doosan Skoda Power.
• 2015: Special Trophy for Excellence in Exports of High Technology Products for the year 2014-2015, Large Enterprises Category” from Engineering Exports Promotion Council, India.
• 2017: ‘Excellent Award’ for GE Belief from General Electric.
• 2017: ‘Excellence in Manufacturing’ award from Godrej Aerospace.
• 2018: ‘Best Partner of the Year’ award from Mitsubishi Hitachi Power Systems, Ltd.
• 2019: ‘Lean and Digital Excellence’ award from GE (South Asia).
• 2019: ‘Operational Excellence’ award from General Electric.
• 2019: ‘Developing Sustainable Partnership’ award from Godrej Aerospace.
• 2019: ‘Excellence in Manufacturing’ award for machining critical component from Godrej Aerospace.
• 2020: ‘Star Performer – Large Enterprise (Engines and Turbines & Parts)’ for export excellence by the Engineering Exports Promotion Council India, Southern Region.
• 2020: Award for ‘Outstanding Commitment in Driving Commercial Competitiveness’ by GE Gas Power.
• 2021: ‘Certificate of Appreciation’ from Tata Lockheed Martin Aerostructures Limited for ‘Industrializing the Fighter Wing’.
• 2022: National award for ‘Commercialization of Indigenous Process of Forging and Machining the Turbine Blade’ from Ministry of Micro, Small & Medium Enterprises Office of The Development Commissioner.
• 2022: ‘National MSME Award – 2022’ by Ministry of Micro, Small and Medium Enterprise for first prize in manufacturing export medium enterprise.
• 2022: ‘Technology Development National award’ from Technology Development Board Department of Science & Technology Government of India.
• 2022: ‘Making India Atmanirbhar’ award by Godrej Aerospace.
• 2022: ‘Excellence in Manufacturing’ award for machining critical components by from Godrej Aerospace.
• 2022: ‘Certificate of Appreciation’ presented by Mitsubishi Heavy Industries, Ltd. for producing more than $10 million of gas turbine compressor blades and steam engine turbine blades.

Major events and milestones

• 1983: Incorporation of the Company.
• 2008: Established CNC machine shop.
• 2008: Purchase order for delivery of moving airfoils/ blades to a large government-owned power generation equipment manufacturer.
• 2012: Constructed a forge shop and a heat treatment facility for production.
• 2014: Moved to new facility. 
• 2017: Inaugurated exclusive manufacturing bay for Mitsubishi Hitachi Power Systems Industries, Ltd. (erstwhile name of Mitsubishi Industries, Ltd.) to produce critical gas/ thermal turbines parts.
• 2019: Entered into a long-term contract with Honeywell International Inc. for supply of aerospace products.
• 2021: Acquired 23.45 acres of land to construct a new plant (Phase 1 expansion) for production.
• 2021: Rs 600 million worth of capital raised for the first time by Company.
• 2021: Entered into a long-term contract with GE Aviation for supply of aerospace products.
• 2021: Established capabilities for special processes.
• 2022: Acquired 18.50 acres of land to construct a new plant (Phase 2 expansion) for production.
• 2022: Rs 2,173 million worth of capital raised for the first time by the Company.
• 2022: Received the certificate for “Fluid Distribution Systems” from the National Aerospace and Defense Contractors Accreditation Program (NADCAP) for the aerospace products of the Company.
• 2023: Onboarded marquee investors from the sports fraternity.