ConCallIQ
Go Pro
Home › Azad Engineering › Margin Trend

Azad Engineering Margin Trend — Quarter by Quarter

Azad Engineering's EBITDA margin moved from 36.0% in Q2 FY26 to 37.4% in Q4 FY26 across 3 quarters. Management commentary below explains the cost and pricing drivers mentioned on calls.

EBITDA Margin by Quarter

QuarterEBITDA Margin (%)YoY Change
Q4 FY2637.4%—
Q3 FY2639.0%+260 bps
Q2 FY2636.0%—

What management said about ebitda margin

G

Q3 FY26 · EBITDA Margin Guidance of 33-35%

Long-term EBITDA margin target of 33-35% is sustainable, with current quarter at 38.6%.

G

Q2 FY26 · EBITDA margin sustainability around 36%

Management expects to sustain current EBITDA margin levels, with potential improvement from operating leverage as new facilities stabilize.