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Automotive Axles Limited

Automotive Axles Limited

1,588.85
INR
+17.75
(+1.13%)
115.15EPS
15.40P/E
26.80BMarket Cap
Nov 09Next Earn
Automotive Axles Limited
BSE:AUTOAXLES
(Bombay Stock Exchange)

Recent

price

1,588.85

P/E

ratio

15.40

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
442.03
669.99
622.45
425.18
447.96
716.51
757.85
978.56
1,243.74
610.74
583.93
960.6
1,493.24
1,440.9
1,346.78
1,408
1,477.49
Revenue per Share
29.17
38.09
29.79
8.4
12.03
23.01
32.7
55.54
80.43
27.22
15.04
49.2
107.22
109.95
102.92
108.77
115.15
Basic EPS, GAAP
-11.47
21.73
62.14
35.64
-3.84
18.96
48.09
13.5
-31
89.24
9.21
14.16
23.56
159.58
67.39
65.66
- -
Free Cash Flow per Basic Share
3.18
9.93
11.62
11.62
2.34
1.2
5.52
8.01
13.5
25.5
0.8
4.52
14.99
32
32
30.5
- -
Dividend per Share
134.91
161.37
179.54
185.6
194.71
223.51
249.2
294.03
356.3
352
366.63
410.97
502.46
579.63
649.76
727.09
- -
Book Value per Share
134.91
161.32
177.46
183.68
193.89
223.21
248.81
293.66
356.04
351.59
366.34
409.99
501.7
579.15
649.63
725.83
- -
Tangible Book Value per Share
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Basic Weighted Avg Shares
6,680
10,125
9,406
6,425
6,769
10,828
11,453
14,788
18,795
9,230
8,824
14,517
22,566
21,775
20,353
21,278
22,328
Sales/Revenue/Turnover
10.4
9.26
7.85
3.92
4.87
5.27
6.49
8.37
9.73
6.07
3.38
6.77
9.58
9.64
9.17
9.14
9.54
Operating Margin (%)
210
234
274
285
295
394
394
432
462
372
360
364
414
364
336
359
357
Depreciation Expense
441
576
450
127
182
348
494
839
1,216
411
227
744
1,620
1,662
1,555
1,644
1,740
Net Income, GAAP
33.11
33.95
32.38
31.58
29.71
32.51
34.12
34.33
34.41
31.39
24.65
25.68
25.71
25.48
26.15
25.21
25.3
Effective Tax Rate (%)
6.6
5.68
4.79
1.98
2.69
3.21
4.31
5.68
6.47
4.46
2.58
5.12
7.18
7.63
7.64
7.73
7.79
Profit Margin (%)
1,474
1,093
1,070
1,164
1,184
1,615
2,135
2,885
3,224
2,511
2,717
3,576
5,098
6,382
7,506
7,941
- -
Working Capital
707
154
258
192
109
- -
- -
- -
659
295
234
172
218
167
141
125
- -
LT Debt
2,039
2,439
2,713
2,805
2,942
3,378
3,766
4,443
5,384
5,319
5,541
6,211
7,593
8,759
9,819
10,988
- -
Total Equity
18.77
21.81
16.38
5.4
6.62
10.07
13.01
19.65
22.52
6.32
3.43
11.79
22.29
18.54
14.5
12.98
- -
Return on Invested Capital (%)
17.82
21.81
16.83
5.74
6.61
10.3
13.49
20.52
23.08
7.19
4.34
12.38
22.92
19.92
16.62
15.67
- -
Return on Capital (%)
23.28
25.71
17.48
4.6
6.33
11
13.84
20.45
24.74
7.69
4.19
12.66
23.48
20.32
16.74
15.8
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
16
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
125
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
28,282
23,404
26,800

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
11,995
- -
Cash, Cash Equivalents & STI
- -
4,449
- -
Accounts Receivable, Net
- -
4,922
- -
Inventories
- -
2,143
- -
Total Current Liabilities
- -
4,054
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
16
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.73%
14.74%
11.9%
Free Cash Flow
-8.82%
127.43%
-2.57%
Net Income, GAAP
39.27%
69.38%
5.68%
Sales/Revenue/Turnover
12.12%
22.89%
4.55%
Total Cash Common Dividend
- -
- -
-4.69%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,925
4,947
5,307
5,596
20,353
2026
4,894
- -
5,623
6,643
21,278
2027
5,168
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
22.53
23.8
26.2
30.39
102.92
2026
23.64
- -
25.68
35.66
108.77
2027
30.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
32
2026
- -
- -
- -
- -
30.5
2027
- -
- -
- -
- -
- -
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Business
Automotive Axles Limited (AAL), established in 1981 as a joint venture between Kalyani Group and Meritor Inc., manufactures rear drive axle assemblies, light, medium and heavy-duty drive axles, front steer axles, non-drive axles, defense and off-highway axles, drum and disc brakes, suspension systems, and aftermarket parts and services; the company also provides customized solutions for original equipment manufacturers (OEMs) in the commercial vehicle sector. Headquartered in Mysuru, Karnataka, with manufacturing facilities in Mysuru, Pantnagar (Uttarakhand), Jamshedpur (Jharkhand), and Hosur (Tamil Nadu), AAL serves domestic and global markets including trucks, buses, military vehicles, and off-highway applications, positioning it as one of India's largest independent rear drive axle producers. In FY 2024-25, the company introduced its flagship MS185 axle to additional customers, ramped up volumes, entered a new technical and service agreement with Meritor HVS (India) Limited enabling direct sales to OEMs while retaining support in market intelligence, product design, and testing, and invested further in solar power procurement entities Torrent Surya Urja 3 Private Limited and Parola Renewables Private Limited to meet regulatory requirements under the Electricity Act. Despite softer demand and a 6% revenue decline to INR 21,048 million, AAL sustained an EBITDA margin of 11.9% through cost optimization and operational efficiency, maintaining a debt-free balance sheet amid strategic shifts like the rejection of a proposed material related party transaction with Meritor HVS (India) Limited by shareholders in late 2024.