MarketFriction

Automotive Axles Ltd

NSE AUTOAXLES · BSE 505010 · Auto Components & Equipments
₹1,683.00 -1.38%
NSE close2026-10-01
52 week range1,540.20 - 2,115.00
Market cap₹2,567 Cr.
P/E14.0
Price band 20% Delivery 72.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales584541572492495531560489462562664517
Expenses518483508444444473497442413498587457
Operating Profit665864495157634848647760
OPM %11%11%11%10%10%11%11%10%10%11%12%12%
Other Income445666999-3610
Interest111111100000
Depreciation9998899999109
Profit before tax605359464854624848517261
Tax %25%26%25%26%26%27%26%26%25%24%25%26%
Net Profit453944343640463636395446
EPS in Rs29.8425.9129.1822.5323.8026.1930.3923.6423.7925.6835.6630.17
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0861,1721,5201,9399529061,4912,3242,2292,0782,1782,205
Expenses9901,0591,3531,7108598401,3562,0661,9831,8581,9411,956
Operating Profit961141672299366135257246220237249
OPM %9%10%11%12%10%7%9%11%11%11%11%11%
Other Income1253634516272021
Interest611123233322
Depreciation393943463736364136343636
Profit before tax52751281856030100218223211220233
Tax %33%34%34%34%31%25%26%26%25%26%25%
Net Profit354984122412374162166156164174
EPS in Rs23.0132.7055.5480.4327.2215.0449.21107.22109.95102.92108.77115.30
Dividend Payout %24%24%24%24%25%30%30%30%29%30%29%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%19%-2%6%
Compounded Profit Growth17%46%1%16%
Stock Price CAGR9%6%-8%-2%
Return on Equity16%18%17%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151515151515
Reserves2873123614295235175396067448619671,084
Borrowings6230007335292328221614
Other Liabilities156169189290322161364401369332360407
Total Liabilities5215265667349337289471,0451,1571,2301,3571,520
Fixed Assets177168146118109255245259245227200225
CWIP1797171162432366714
Investments000000121702177140
Other Assets3273494136007094496587669059761,0731,142
Total Assets5215265667349337289471,0451,1571,2301,3571,520
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity92579751106198494352260128173
Cash from Investing Activity-18-25-23-27-157-59-40-27-84-182-94-94
Cash from Financing Activity-70-35-40-1547-105-10-15-31-56-59-49
Net Cash Flow3-3359-434-12-6322-2430
Free Cash Flow72317421-46136142136241115101
CFO/OP278%78%113%61%77%228%88%49%41%129%82%95%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days14067728065471149578607782
Inventory Days12952454750881166850585753
Days Payable149647588706516811469657583
Cash Conversion Cycle1195542394570624960525952
Working Capital Days8951565953687564738711166
ROCE %16%21%31%35%11%6%17%31%27%22%22%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.04%71.04%71.04%71.04%71.04%71.04%71.04%71.04%71.04%71.04%71.04%71.04%
FIIs0.67%0.63%0.51%0.58%0.63%0.55%0.54%0.65%0.71%0.68%0.83%0.75%
DIIs12.00%11.96%11.97%11.51%12.77%13.05%13.53%13.81%14.17%14.57%15.15%15.44%
Public16.31%16.38%16.49%16.88%15.56%15.37%14.89%14.49%14.08%13.71%12.99%12.78%
No. of Shareholders37,15234,52730,10829,49630,80231,44430,52028,62526,79225,81724,10923,383

Fundamentals

Market Cap₹ 2,567 Cr.
Current Price₹ 1,700
Stock P/E14.0
Book Value₹ 727
ROCE21.6 %
ROE16.2 %
Dividend Yield1.88 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)16%
Standalone figures.
Valuation
Market capRs 2,543 Cr
Enterprise valueRs 2,299 Cr
P/E (TTM)14.60x
Price to book2.31x
Price to sales1.15x
EV / EBITDA8.50x
EV / EBIT9.80x
EV / sales1.04x
Price to cash flow14.74x
Earnings yield6.85%
Dividend yield1.90%
P/E, 3-year average15.29x
P/B, 3-year average2.55x
P/E, 5-year average20.55x
P/B, 5-year average3.30x
Profitability
Operating margin (excl. other income)10.89%
Operating margin (incl. other income)11.81%
EBITDA margin12.27%
Pre-tax margin10.56%
Net profit margin7.90%
Net margin, latest quarter8.82%
ROE15.80%
ROCE20.98%
ROA11.43%
ROE, 3-year average17.62%
ROCE, 3-year average23.43%
ROA, 3-year average12.46%
ROE, 5-year average17.80%
ROCE, 5-year average23.57%
ROA, 5-year average11.91%
ROIC (approx.)20.54%
Tax rate25.21%
Other income / net worth1.84%
Growth
Sales growth (latest year)4.82%
Profit growth (latest year)5.68%
Sales CAGR, 3 years-2.14%
Sales CAGR, 5 years19.18%
Profit CAGR, 3 years0.48%
Profit CAGR, 5 years48.54%
Sales growth QoQ-22.20%
Profit growth QoQ-15.38%
Sales growth YoY (latest quarter)5.61%
Profit growth YoY (latest quarter)27.66%
Per share
EPS (TTM)Rs 115.31
EPS (latest year)Rs 108.77
EPS (latest quarter)Rs 30.17
EPS, 3-year averageRs 107.22
EPS, 5-year averageRs 95.62
Book value per shareRs 727.09
Sales per shareRs 1,459.22
Cash flow per shareRs 114.18
Free cash flow per shareRs 66.83
Dividend per share (latest year)Rs 31.99
Dividend per share, 3-year averageRs 31.50
Dividend per share, 5-year averageRs 28.30
Dividends
Dividend payout29.41%
Dividend payout, 3-year average29.38%
Dividend payout, 5-year average29.69%
Efficiency
Asset turnover1.43x
Fixed asset turnover9.70x
Inventory turnover7.57x
Inventory days48 days
Debtor days82 days
Debtors turnover4.42x
Creditor days83 days
Cash conversion cycle52 days
Working capital days66 days
Leverage
Total debtRs 14 Cr
Cash and bankRs 259 Cr
Net debtRs -245 Cr
Debt to equity0.01x
Net debt / EBITDA-0.91x
Interest coverage146.59x
Current ratio (filing 2026-03-31)2.96x
Quick ratio (filing 2026-03-31)2.43x
Trade payables (filing 2026-03-31)Rs 336 Cr
Owners' fund to total sources72.27%
Debt to assets0.93%
Cash flow
Cash from Operating Activity (latest year)Rs 173 Cr
Cash from Investing Activity (latest year)Rs -94 Cr
Cash from Financing Activity (latest year)Rs -49 Cr
Net Cash Flow (latest year)Rs 30 Cr
Free cash flow (latest year)Rs 101 Cr
FCFE (approx.: FCF + change in debt)Rs 100 Cr
Cash from ops / profit, 5 years0.91x
Sales to cash flow12.62x
Statement figures
Net sales (TTM)Rs 2,205 Cr
Net sales (latest year)Rs 2,178 Cr
Sales (latest quarter)Rs 517 Cr
Operating profit excl. other income (latest year)Rs 237 Cr
Operating profit (latest quarter)Rs 60 Cr
Other income (TTM)Rs 21 Cr
EBITDA (TTM)Rs 270 Cr
PBDT (TTM)Rs 269 Cr
Profit before tax (TTM)Rs 233 Cr
Tax (latest year)Rs 55 Cr
Net profit (TTM)Rs 174 Cr
Net profit (latest year)Rs 164 Cr
Net profit (latest quarter)Rs 46 Cr
Depreciation (TTM)Rs 36 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 1,623 Cr
Total expenditure (latest year)Rs 1,941 Cr
Total income (latest year)Rs 2,198 Cr
Share capitalRs 15 Cr
ReservesRs 1,084 Cr
Shareholders' fundsRs 1,099 Cr
Total assetsRs 1,520 Cr
Net blockRs 225 Cr
Capital work in progressRs 14 Cr
InvestmentsRs 140 Cr
ReceivablesRs 492 Cr
InventoryRs 214 Cr
Other liabilitiesRs 407 Cr
Shares outstanding (crore)1.51
Ownership
Promoter holding71.04% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.6 is at the 11th percentile of its own 9.4-year range (median 20.8, low 4.8, high 114.0).
P/B 2.31 is at the 11th percentile (median 3.50).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAUTOAXLESNifty 50Difference
1 week-0.0%-2.8% +2.7 pts
1 month-0.5%-6.8% +6.3 pts
3 months-7.2%-7.6% +0.4 pts
6 months+8.8%+0.4% +8.4 pts
1 year-4.4%-9.9% +5.5 pts
2 years-11.8%-13.6% +1.7 pts
3 years-24.0%+14.2% -38.1 pts
5 years+35.6%+27.9% +7.7 pts
13 mutual fund schemes hold about ₹444 Cr. Over three months 3 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Small Cap Fund0.16%131 +0%
Nippon India ELSS Tax Saver Fund0.67%99 +7%
ICICI Pru Small Cap Fund0.47%46 -1%
ICICI Pru Small Cap Fund0.47%45 -1%
SBI Contra Fund0.07%35 +5%
Tata Small Cap Fund0.19%25 +1%
ICICI Pru Business Cycle Fund0.12%20 +7%
Bandhan Multi Cap Fund0.48%15 +3%
Bandhan Transportation and Logistics Fund1.84%14 -5%
Bandhan Multi Asset Allocation Fund0.16%6 -2%
ICICI Pru Children's Fund0.40%6 +4%
Bandhan Infrastructure Fund0.25%4 +22%
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹517 Cr +5.7% vs Jun 2025. Net profit ₹46 Cr +27.8%.
Against our estimate for Jun 2026: sales -5.8%, profit +10.6% beat. Our estimate for Sep 2026: sales Rs 518 Cr, profit Rs 41 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-05Dividend - Rs 32 Per Share
2025-08-05Dividend - Rs 30.50 Per Sh
2024-07-29Annual General Meeting/Dividend - Rs 32 Per Share
2023-07-27Annual General Meeting/Dividend - Rs 32 Per Share
2022-07-28Annual General Meeting/Dividend - Rs 15 Per Sh
2021-08-03 Annual General Meeting/Dividend - Rs 4.50 Per Share
2020-08-12 Annual General Meeting/Dividend - Rs 0.80 Per Share
2020-03-13 Interim Dividend - Rs 6 Per Share
2019-08-07 Annual General Meeting/Dividend - Rs 19.50 Per Share
2018-08-02 Annual General Meeting/ Dividend- Rs 13.50 Per Share
2017-08-11 Dividend - Rs 8/- Per Share
2016-08-08 Dividend-Rs 5.50/- Per Share
2015-07-30 Dividend-Re.1/- Per Share
2015-01-30Annual General Meeting / Final Dividend - Rs 2.50/- Per Share
2014-02-06Annual General Meeting / Dividend - Rs 2/- Per Share
2013-01-31Annual General Meeting/Dividend Rs 10 Per Share
2012-01-12Dividend-Rs.10/- Per Share
2011-01-17Dividend-Rs.8.50 Per Share
2010-01-11Fin Div-Rs.2.70 Per Share
2009-01-15Fin Div-Rs.6.50 Per Share
2008-01-14Fin Div - Rs.6.50 Per Sh
2007-08-09Int Div-Rs.6/- Per Sh Purpose Revised
2007-01-08Agm/Dividend Rs. 7.5 P Sh
2006-08-10Int Div-Rs.5.50/- Per Sh Purpose Revised
DateTypeWhat it says
2026-09-11General UpdatesCommunication to the Shareholders - Payment of Final Dividend and Deduction of Tax at Source (TDS) details.
2026-08-14General UpdatesESG Rating released voluntarily by Crisil ESG Ratings & Analytics Limited.
2026-08-14Shareholder meetingAutomotive Axles Limited has submitted the Exchange a Voting Results along with Scrutinizers Report of the 45th Annual General Meeting held on August...
2026-08-12Shareholder meetingProceedings of the 45th Annual General Meeting held on August 12, 2026
2026-08-10Concall / analyst meetTranscript and Link of Recording
2026-08-09General UpdatesGeneral Updates regarding Karnataka State Pollution Control Board (KSPCB) w.r.t non-complianceunder the provisions of Water (Prevention and Control of...
2026-08-06Concall / analyst meetOutcome and Audio Recording of Analyst/Investor Conference Call to discuss on the Automotive Axles Limited to discuss 1QFY27 Financial Performance hel...
2026-08-05Board meeting outcomeAutomotive Axles Limited has submitted to the Exchange, the Unaudited Financial Results for the period ended Jun 30, 2026.
2026-08-03Concall / analyst meetSchedule of meet
2026-07-24Disclosure under SEBI TakeovCummins Inc has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-07-22General UpdatesGeneral Updates regarding Letters dispatched to the Shareholders whose e-mail ids are not registered with the Company / RTA regarding details of the 4...
2026-07-18Shareholder meetingNotice of 45th Annual General Meeting to be held on August 12, 2026
2026-06-24General UpdatesCommunication To The Shareholders - Intimation On Tax Deduction At Source (TDS) On Final Dividend.
2026-06-24Record DateRecord date for the purpose of Dividend is 05-Aug-2026.
2026-06-24General UpdatesInformation to shareholders regarding the 45th Annual General Meeting ( The AGM ) of the Company.
2026-05-27UpdatesCommunication/Reminder Letters sent to the respective shareholders concerning the proposedtransfer of their shares/ unclaimed dividend to the IEPF Aut...
2026-05-25Concall / analyst meetSchedule of meet - 360 ONE Capital 16th Annual Global Investor Conference: TRINITY INDIA 2026 at Grand Hyatt,Mumbai.
2026-05-22Concall / analyst meetTranscript and Link of Recording
2026-05-20Concall / analyst meetLink of Recording and Outcome
2026-05-19DividendBoard of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 32 per equity share for the FY 2025-26, subject to the appro...
2026-05-19Board meeting outcomeAudited Financial Results for the Quarter and Year Ended 31st March 2026.
2026-05-14Concall / analyst meetSchedule of meet
2026-05-08UpdatesInvestor Education and Protection Fund (IEPF) Authoritys - Saksham Niveshak Second 100 Days Campaign .
2026-04-29Amendment(s)Amendment No. 1 to the Services Agreement executed with Meritor HVS (India) Limited.
2026-04-29Amendment(s)Amendment No.1 to the Memorandum of Understanding executed with Meritor HVS (India) Limited.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Automotive Axles Ltd?

Automotive Axles Ltd (AUTOAXLES) has a market capitalisation of Rs 2,567 Cr. at the 2026-10-01 close.

What is the P/E ratio of Automotive Axles Ltd?

Automotive Axles Ltd trades at a P/E of 14.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Automotive Axles Ltd's latest quarterly results?

In the Jun 2026 quarter, Automotive Axles Ltd sales was Rs 517 Cr (+5.7% vs Jun 2025) and net profit was Rs 46 Cr.

What is the 52-week high and low of Automotive Axles Ltd?

The 52-week high is Rs 2,115.00 and the 52-week low is Rs 1,540.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03