Automotive Axles Limited

Automotive Axles Limited

1,572.50
INR
-27.40
(-1.71%)
115.15EPS
15.36P/E
26.74BMarket Cap
Nov 09Next Earn
2013 Y
2014 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
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
- -
Dividend per Share
11.62
2.34
1.2
5.52
8.01
13.5
25.5
0.8
4.52
14.99
32
32
30.5
- -
Book Value per Share
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
- -
Tangible Book Value per Share
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
- -
Basic Weighted Avg Shares
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
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
Operating Margin (%)
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
Depreciation Expense
285
295
394
394
432
462
372
360
364
414
364
336
359
357
Net Income, GAAP
127
182
348
494
839
1,216
411
227
744
1,620
1,662
1,555
1,644
1,740
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
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
- -
LT Debt
192
109
- -
- -
- -
659
295
234
172
218
167
141
125
- -
Total Equity
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
- -
Return on Invested Capital (%)
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 Capital (%)
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 Common Equity (%)
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
- -

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
28,448
23,380
26,736

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
- -
- -
- -
- -
- -

Company Description

CEO
Nagaraja Sadashiva Murthy Gargeshwari
Full Time Employees
3,342
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Hootagalli Industrial Area Mysore KA India 570018
IPO Date
Mar 23, 1995
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.