Automotive Axles Limited (AUTOAXLES)

Loading page…

Automotive Axles Limited (AUTOAXLES) · mywealthgrid

About

Automotive Axles Limited manufactures axles and auto components in India's Consumer Discretionary sector, with ₹2,692 Cr market cap and 11% operating margins. The company demonstrates strong profitability (ROE 20.32%) with minimal leverage (D/E 0.01) and a track record of regular dividends.

Face value: ₹10

Market cap

₹2,541 Cr

P/E

15.3×

P/B

2.9×

Dividend yield

1.9%

ROE

20.3%

ROCE

26.8%

Debt / equity

0.01

OPM

11.1%

EPS (TTM)

₹110.0

Book value

₹579.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue volatility ranges ₹462–664 Cr/quarter without visible drivers—verify customer concentration, OEM order visibility, and whether fluctuations are widening
FII participation minimal (0.75%), DII modest (15.44%)—verify if reflects liquidity constraints or institutional caution on sector/company
Operating margins static at 10–11.5% over 24 months with no expansion—verify margin compression risk under volume pressure or input inflation
Consumer Discretionary exposure during auto-cycle uncertainty—verify OEM demand trends and company's capacity utilization

Generated analysis · source review pending

Growth drivers

Operating margin improved 180 bps year-over-year from 9.78% (Jun 2025) to 11.59% (Jun 2026)—verify if driven by operational efficiency or temporary factors
EPS grew 28% year-over-year from ₹23.64 (Jun 2025) to ₹30.17 (Jun 2026)—verify if from volume, margin expansion, or share reduction
Minimal debt (D/E 0.01) with ROE 20.32% creates financial capacity for reinvestment—verify management plans for growth capex or dividend sustainability
Auto components market growth if OEM production cycles turn positive—verify current customer order books, utilization rates, and company's market position

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,683.0-1%1Y

Quick read

rule-based

Pros

+Strong return on equity of 18.8% (3-yr avg)
+High return on capital employed of 24.8%
+Profit CAGR of 94.1% over the last 3 years
+Revenue CAGR of 35% over the last 3 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 85.1×
+Dividend payout of 29.1% of profit
+High promoter holding of 71% with no pledge

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

83/100

Business quality: 71
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	906	1,491	2,324	2,229
Operating expenses	—	—	—	—
Operating profit (EBITDA)	62	135	257	246
OPM %	6.9%	9%	11.1%	11.1%
Depreciation	36	36	41	36
Interest	3	2	3	3
	7	4	5	16
Profit before tax	30	100	218	223
Tax	—	—	—	—
	23	74	162	166
PAT margin %	2.5%	5%	7%	7.5%
EPS (₹)	—	—	—	—
EPS adjusted (₹)	15	49.2	107.2	110
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity capital	15	15	15	15
Reserves	539	606	744	861
Borrowings	15	10	10	6
Other liabilities	379	414	387	348
Total equity & liabilities	947	1,045	1,157	1,230
Fixed assets	223	237	216	200
CWIP	—	—	—	—
Investments	—	—	—	—
Other assets	—	—	—	—
Total assets	947	1,045	1,157	1,230

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from operations	49	43	52	260
Cash from investing	-40	-27	-84	-182
Cash from financing	-10	-15	-31	-57
Net cash flow	-1	2	-63	22
Free cash flow	—	—	—	—
CFO / Operating profit %	78.5%	32.1%	20.1%	105.6%

Compounded sales growth

7 years: —
5 years: —
3 years: 35%
1 year: -4%

Compounded profit growth

7 years: —
5 years: —
3 years: 94%
1 year: 3%

Return on equity

7 years: —
5 years: —
3 years: 17%
Last year: 19%

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Margins
Gross margin %	—	—	—	—
EBITDA margin %	6.9%	9%	11.1%	11.1%
EBIT margin %	2.9%	6.6%	9.3%	9.4%
PAT margin %	2.5%	5%	7%	7.5%
Working capital
Receivable days	—	—	—	—
Inventory days	—	—	—	—
Payable days	—	—	—	—
NWC days	—	—	—	—
Leverage
Current ratio	1.74	1.9	2.37	2.92
Debt to EBITDA	0.23	0.08	0.04	0.03
Debt to equity	0.03	0.02	0.01	0.01
Interest coverage	11.2	41.5	75.7	85.1
Asset turnover	0.96	1.43	2.01	1.81
Return ratios
Return on assets %	2.4%	7.1%	14%	13.5%
Return on capital employed %	5.7%	16.7%	30.8%	26.8%
Return on equity %	4.1%	12%	21.3%	19%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%
	0.67%	0.63%	0.52%	0.58%	0.63%	0.55%	0.54%	0.65%	0.71%	0.68%	0.83%	0.75%
	12.04%	12.01%	12.02%	11.56%	12.77%	13.05%	13.53%	13.82%	14.18%	14.58%	15.15%	15.44%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	16.25%	16.32%	16.42%	16.82%	15.56%	15.36%	14.89%	14.49%	14.07%	13.7%	12.98%	12.77%
No. of shareholders	—	—	—	—	—	—	—	—	26,792	25,817	24,109	23,383

Promoter holding up 0 percentage points since Sep 2023.

Mr. Babasaheb Neelkanth KalyaniNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Kenneth James HoganNon-Executive - Non Independent Director
Mr. Nagaraja GargeshwariExecutive Director
Ms. Bijal Tushar AjinkyaNon-Executive - Independent Director
Mr. Girish Dinanath NadkarniNon-Executive - Independent Director
Mr. Venkata Ramana Murthy PinisettiNon-Executive - Independent Director
Mr. Raman KChief Financial Officer
Debadas PandaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 5 fund houses

Held by these funds

13.61%

of the company's equity

All mutual funds

15.31%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

7 schemes · 5 fund houses

		Shares
SMALL CAP FUND	Nippon India Mutual Fund	7.6 L	131.36	0.16%	5.033%	-0
ELSS Tax Saver Fund	Nippon India Mutual Fund	5.72 L	98.81	0.67%	3.785%	-0
Small Cap FundNEW	ICICI Prudential Mutual Fund	2.67 L	46.19	0.47%	1.77%	—
Contra Fund	SBI Mutual Fund	2 L	34.57	0.07%	1.325%	-0
SMALL CAP FUND	Tata Mutual Fund	1.43 L	24.79	0.19%	0.95%	-0
Business Cycle Fund	ICICI Prudential Mutual Fund	1.13 L	19.55	0.12%	0.749%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	13	0	0%	0%	-0

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Update - Reaffirmation of Credit Rating by ICRA Limited (the Credit Rating Agency).2 Feb 2026 from ICRA

Investor Presentation and earnings call

Aug 2026Transcript AI SummaryPPTREC
May 2026Transcript AI SummaryPPTREC

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

22

Final dividend5 Aug 2026 · ex-date₹32
Final dividend5 Aug 2025 · ex-date₹30.5
Final dividend29 Jul 2024 · ex-date₹32
Final dividend27 Jul 2023 · ex-date₹32
Final dividend28 Jul 2022 · ex-date₹15
Final dividend3 Aug 2021 · ex-date₹4.5
Final dividend12 Aug 2020 · ex-date₹0.8
Interim dividend13 Mar 2020 · ex-date₹6
Dividend dividend7 Aug 2019 · ex-date₹19.5
Dividend dividend2 Aug 2018 · ex-date₹13.5
Dividend dividend11 Aug 2017 · ex-date₹8
Final dividend8 Aug 2016 · ex-date₹5.5
Final dividend30 Jul 2015 · ex-date₹1
Final dividend30 Jan 2015 · ex-date₹2.5
Final dividend6 Feb 2014 · ex-date₹2
Final dividend31 Jan 2013 · ex-date₹10
Final dividend12 Jan 2012 · ex-date₹10
Final dividend17 Jan 2011 · ex-date₹8.5
Dividend dividend11 Jan 2010 · ex-date₹2.7
Final dividend15 Jan 2009 · ex-date₹6.5
Dividend dividend14 Jan 2008 · ex-date₹6.5
Interim dividend9 Aug 2007 · ex-date₹6

1

Board meeting to consider results5 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

72 announcementsExport CSV

11 Sept 2026, 7:45 pmCorp. Action

Announcement under Regulation 30 (LODR)-Dividend Updates

Dividend Updates PDF

3 Sept 2026, 2:46 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

14 Aug 2026, 6:24 pmCompany Update

Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 - ESG Rating.

General PDF

14 Aug 2026, 2:32 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

12 Aug 2026, 8:17 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

10 Aug 2026, 11:25 pmCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

9 Aug 2026, 10:49 pmCompany Update

Notice From Karnataka State Pollution Control Board (KSPCB)

General PDF

7 Aug 2026, 6:12 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
11 Sept 2026, 7:45 pm	Corp. Action Dividend Updates	Announcement under Regulation 30 (LODR)-Dividend Updates	PDF
3 Sept 2026, 2:46 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication

Loading announcements…

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Margins
Gross margin %	—	—	—	—
EBITDA margin %	6.9%	9%	11.1%	11.1%
EBIT margin %	2.9%	6.6%	9.3%	9.4%
PAT margin %	2.5%	5%	7%	7.5%
Working capital
Receivable days	—	—	—	—
Inventory days	—	—	—	—
Payable days	—	—	—	—
NWC days	—	—	—	—
Leverage
Current ratio	1.74	1.9	2.37	2.92
Debt to EBITDA	0.23	0.08	0.04	0.03
Debt to equity	0.03	0.02	0.01	0.01
Interest coverage	11.2	41.5	75.7	85.1
Asset turnover	0.96	1.43	2.01	1.81
Return ratios
Return on assets %	2.4%	7.1%	14%	13.5%
Return on capital employed %	5.7%	16.7%	30.8%	26.8%
Return on equity %	4.1%	12%	21.3%	19%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Samvardhana Motherson International LimitedMOTHERSONMOTHERSON	₹1,65,731 Cr	₹1,81,626 Cr	₹1,31,135 Cr	₹12,541 Cr	9.4%	₹4,380 Cr	3.2%	12.6%	10.2%	-26
Bosch LimitedBOSCHLTDBOSCHLTD	₹1,34,166 Cr	₹1,34,166 Cr	₹21,088 Cr	₹2,832 Cr	13.2%	₹2,363 Cr	13.8%	21%	19.4%	13
Bharat Forge LimitedBHARATFORGBHARATFORG	₹89,644 Cr	₹96,518 Cr	₹17,543 Cr	₹2,963 Cr	17.4%	₹706 Cr	6.5%	17.9%	11.5%	136
Uno Minda LimitedUNOMINDAUNOMINDA	₹64,160 Cr	₹66,698 Cr	₹20,725 Cr	₹2,280 Cr	11.5%	₹1,202 Cr	6.5%	19.3%	19.1%	37
Schaeffler India LimitedSCHAEFFLERSCHAEFFLER	₹60,732 Cr	₹60,787 Cr	₹10,505 Cr	₹1,917 Cr	18.2%	₹1,253 Cr	11.9%	27.3%	20.2%	68
Sona Blw Precision Forgings LimitedSONACOMSSONACOMS	₹50,071 Cr	₹50,314 Cr	₹4,935 Cr	₹1,207 Cr	24.7%	₹686 Cr	14.1%	14.6%	11%	121
Tube Investments Of India LimitedTIINDIATIINDIA	₹45,302 Cr	₹45,695 Cr	₹23,754 Cr	₹2,260 Cr	9.9%	₹607 Cr	4.9%	15.4%	9.6%	41
Endurance Technologies LimitedENDURANCEENDURANCE	₹36,602 Cr	₹37,928 Cr	₹15,592 Cr	₹2,058 Cr	13.5%	₹970 Cr	6.5%	18.5%	15.2%	-6
Exide Industries LimitedEXIDEINDEXIDEIND	₹34,803 Cr	₹35,896 Cr	₹18,829 Cr	₹1,954 Cr	10.4%	₹932 Cr	4.8%	8.9%	6.1%	42
Dhoot Transmission LimitedDHOOTTRANSDHOOTTRANS	₹29,518 Cr	₹30,359 Cr	₹4,525 Cr	₹711 Cr	15.7%	₹397 Cr	8.8%	30.8%	23.1%	69
Craftsman Automation LimitedCRAFTSMANCRAFTSMAN	₹26,897 Cr	₹30,238 Cr	₹8,717 Cr	₹1,357 Cr	15.3%	₹465 Cr	4.8%	16.1%	12.5%	74
Sansera Engineering LimitedSANSERASANSERA	₹26,686 Cr	₹27,144 Cr	₹3,753 Cr	₹696 Cr	18.1%	₹351 Cr	9.3%	14.7%	11.1%	98

Automotive Axles Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends22

Board meetings1

Announcements

Dividends22

Board meetings1

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

22

1

22

1