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Auto.Axle Overview

Automotive Axles Ltd is an India-based organization engaged inside the manufacturing of automobile axles. The Company operates through the section of manufacturing and sale of automotive components. The Company manufactures drive axles, non-drive axles, front steer axles, speciality and protection axles and drum and disc brakes. It provides these merchandise to the important domestic and worldwide producers of truck and buses, such as light, medium and heavy commercial automobiles, military and off-motorway motors, aftermarket and exports. The ...Read More

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Auto.Axle Key Financials

Market Cap ₹2715 Cr.

Stock P/E 17.5

P/B 2.6

Current Price ₹1796.3

Book Value ₹ 691.7

Face Value 10

52W High ₹2126

Dividend Yield 1.7%

52W Low ₹ 1536

Auto.Axle Share Price

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Volume
Price

Auto.Axle Quarterly Price

Show Value Show %

Auto.Axle Peer Comparison

Auto.Axle Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 584 541 572 492 495 531 560 489 462 562
Other Income 4 4 5 6 6 6 9 9 9 9
Total Income 588 546 577 499 501 537 568 499 471 571
Total Expenditure 518 483 508 444 444 473 497 442 413 498
Operating Profit 70 62 69 55 57 63 71 57 57 73
Interest 1 1 1 1 1 1 1 0 0 0
Depreciation 9 9 9 8 8 9 9 9 9 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -12
Profit Before Tax 60 53 59 46 48 54 62 48 48 51
Provision for Tax 15 13 15 12 12 14 16 12 12 12
Profit After Tax 45 39 44 34 36 40 46 36 36 39
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 45 39 44 34 36 40 46 36 36 39
Adjusted Earnings Per Share 29.8 25.9 29.2 22.5 23.8 26.2 30.4 23.6 23.8 25.7

Auto.Axle Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 459 1086 1172 1519 1939 952 906 1491 2324 2229 2078 2073
Other Income 3 2 2 5 3 8 7 4 5 16 27 36
Total Income 462 1088 1174 1524 1942 960 913 1495 2329 2245 2105 2109
Total Expenditure 424 991 1059 1354 1713 859 840 1356 2066 1983 1858 1850
Operating Profit 38 97 115 170 229 101 73 139 262 262 247 258
Interest 4 6 1 1 1 2 3 2 3 3 3 1
Depreciation 17 39 39 43 46 37 36 36 41 36 34 36
Exceptional Income / Expenses 0 0 0 0 0 -2 -4 0 0 0 0 -12
Profit Before Tax 16 52 75 126 182 60 30 100 218 223 211 209
Provision for Tax 6 17 26 44 64 19 7 26 56 57 55 52
Profit After Tax 11 35 49 82 119 41 23 74 162 166 156 157
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 11 35 49 82 119 41 23 74 162 166 156 157
Adjusted Earnings Per Share 7 23 32.7 54.5 78.5 27.2 15 49.2 107.2 109.9 102.9 103.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -7% 12% 17% 16%
Operating Profit CAGR -6% 21% 20% 21%
PAT CAGR -6% 28% 31% 30%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 6% -8% 13% 11%
ROE Average 17% 20% 15% 14%
ROCE Average 23% 27% 21% 20%

Auto.Axle Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 302 327 377 444 538 532 554 621 759 876 982
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 0 0 0 66 19 15 10 6 2 0
Other Non-Current Liabilities 29 16 5 -1 -7 9 6 9 15 17 15
Total Current Liabilities 209 216 182 285 321 158 365 397 372 332 358
Total Liabilities 542 559 564 728 918 718 940 1037 1152 1226 1355
Fixed Assets 177 168 146 118 109 255 245 259 245 227 200
Other Non-Current Assets 41 23 22 38 166 54 58 24 25 29 46
Total Current Assets 325 367 395 573 644 409 637 755 881 970 1109
Total Assets 542 559 564 728 918 718 940 1037 1152 1226 1355

Auto.Axle Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 3 0 35 44 40 74 73 74 11 33
Cash Flow from Operating Activities 92 57 97 51 106 198 49 43 52 260 128
Cash Flow from Investing Activities -19 -25 -23 -27 -157 -59 -40 -27 -84 -182 -94
Cash Flow from Financing Activities -70 -35 -40 -15 47 -105 -10 -15 -31 -57 -59
Net Cash Inflow / Outflow 3 -3 35 9 -4 34 -1 2 -63 22 -24
Closing Cash & Cash Equivalent 3 0 35 44 40 74 73 74 11 33 9

Auto.Axle Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.98 23.01 32.7 54.46 78.55 27.22 15.04 49.2 107.22 109.95 102.92
CEPS(Rs) 18.44 49.11 58.58 82.88 109.11 51.85 38.87 73.3 134.6 134.02 125.19
DPS(Rs) 1 5.5 8 13.5 19.5 6.8 4.5 15 32 32 30.5
Book NAV/Share(Rs) 200.13 216.52 249.2 294.03 356.3 352 366.63 410.97 502.46 579.63 649.76
Core EBITDA Margin(%) 6.96 7.88 8.7 10.63 11.67 9.8 7.27 9.03 11.08 11.05 10.59
EBIT Margin(%) 4.05 4.74 5.86 8.16 9.44 6.49 3.66 6.88 9.51 10.12 10.28
Pre Tax Margin(%) 3.24 4.27 5.76 8.12 9.41 6.3 3.33 6.71 9.39 10 10.14
PAT Margin (%) 2.07 2.88 3.8 5.3 6.12 4.32 2.51 4.99 6.97 7.45 7.49
Cash Profit Margin (%) 5.48 6.15 6.8 8.06 8.5 8.23 6.49 7.43 8.75 9.09 9.11
ROA(%) 1.89 6.32 8.81 12.74 14.42 5.03 2.74 7.52 14.8 13.97 12.05
ROE(%) 3.53 11.05 14.04 20.05 24.16 7.69 4.19 12.66 23.48 20.32 16.74
ROCE(%) 5.49 15.84 20.78 30.87 34.67 10.59 5.88 16.97 31.45 27.32 22.92
Receivable days 124.72 56.53 60.19 66.49 64.09 89.92 81.57 82.2 69.74 70.66 70.45
Inventory Days 82.58 34.27 29.35 27.71 30.26 65.25 71.86 48.95 33.77 39.37 42.13
Payable days 115.49 57.66 64.67 73.02 69.77 105.31 117.45 107.09 70.96 68.75 72.12
PER(x) 118.59 25.5 21.67 26.81 15.86 14.06 69.72 34.95 22.09 16 15.59
Price/Book(x) 4.13 2.71 2.84 4.96 3.5 1.09 2.86 4.18 4.71 3.04 2.47
Dividend Yield(%) 0.12 0.94 1.13 0.92 1.57 1.78 0.43 0.87 1.35 1.82 1.9
EV/Net Sales(x) 2.85 0.84 0.88 1.42 0.99 0.55 1.69 1.7 1.52 1.16 1.15
EV/Core EBITDA(x) 34.5 9.48 8.98 12.74 8.36 5.22 20.99 18.23 13.5 9.85 9.65
Net Sales Growth(%) -32.17 136.5 7.95 29.6 27.62 -50.91 -4.87 64.6 55.89 -4.07 -6.8
EBIT Growth(%) -37.65 177.36 33.33 66.21 44.41 -66.25 -46.35 209.4 115.58 2.09 -5.33
PAT Growth(%) -42.01 229.86 42.11 66.53 44.23 -65.35 -44.74 227.14 117.9 2.55 -6.39
EPS Growth(%) -42.01 229.86 42.11 66.53 44.23 -65.35 -44.74 227.14 117.9 2.55 -6.39
Debt/Equity(x) 0.21 0.09 0 0 0.14 0.04 0.03 0.02 0.01 0.01 0
Current Ratio(x) 1.56 1.7 2.17 2.01 2 2.59 1.74 1.9 2.37 2.92 3.1
Quick Ratio(x) 1 1.19 1.63 1.53 1.43 1.6 1.19 1.4 1.76 2.17 2.46
Interest Cover(x) 4.99 10.1 61.84 231.26 333.35 34.18 11.16 41.56 75.82 85.01 71.87
Total Debt/Mcap(x) 0.05 0.03 0 0 0.04 0.04 0.01 0.01 0 0 0

Auto.Axle Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 71.04 71.04 71.04 71.04 71.04 71.04 71.04 71.04 71.04 71.04
FII 0.63 0.52 0.58 0.63 0.55 0.54 0.65 0.71 0.68 0.83
DII 11.96 11.97 11.51 12.64 12.92 13.4 13.69 14.05 14.44 15.02
Public 16.37 16.47 16.87 15.69 15.49 15.03 14.63 14.2 13.84 13.11
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Auto.Axle News

Auto.Axle Pros & Cons

Pros

  • Company has delivered good profit growth of 30% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 20%
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Debtor days have increased from 68.75 to 72.12days.
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