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AUTOAXLES

AUTOAXLES - Automotive Axles Ltd. Share Price

Auto Components

1737.20-9.20(-0.53%)
Market Closed as of Sep 29, 2025, 15:30 IST

Valuation

Market Cap2.62 kCr
Price/Earnings (Trailing)16.65
Price/Sales (Trailing)1.24
EV/EBITDA10.48
Price/Free Cashflow20.43
MarketCap/EBT12.32
Enterprise Value2.61 kCr

Fundamentals

Revenue (TTM)2.1 kCr
Rev. Growth (Yr)-0.10%
Earnings (TTM)157.2 Cr
Earnings Growth (Yr)4.9%

Profitability

Operating Margin10%
EBT Margin10%
Return on Equity16.01%
Return on Assets11.58%
Free Cashflow Yield4.89%

Price to Sales Ratio

Latest reported: 1

Revenue (Last 12 mths)

Latest reported: 2 kCr

Net Income (Last 12 mths)

Latest reported: 157 Cr

Growth & Returns

Price Change 1W-3.3%
Price Change 1M0.00%
Price Change 6M6.8%
Price Change 1Y-9.5%
3Y Cumulative Return-3.8%
5Y Cumulative Return19.3%
7Y Cumulative Return5.2%
10Y Cumulative Return9.8%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)63.77 Cr
Cash Flow from Operations (TTM)128.25 Cr
Cash Flow from Financing (TTM)-58.54 Cr
Cash & Equivalents8.57 Cr
Free Cash Flow (TTM)128.1 Cr
Free Cash Flow/Share (TTM)84.77

Balance Sheet

Total Assets1.36 kCr
Total Liabilities375.07 Cr
Shareholder Equity981.92 Cr
Current Assets1.11 kCr
Current Liabilities358.01 Cr
Net PPE185.58 Cr
Inventory229.41 Cr
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage83.17
Interest/Cashflow Ops51.81

Dividend & Shareholder Returns

Dividend/Share (TTM)30.5
Dividend Yield1.76%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)0.00%
Pros

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Momentum: Stock has a weak negative price momentum.

Technicals: SharesGuru indicator is Bearish.

Past Returns: Underperforming stock! In past three years, the stock has provided -3.8% return compared to 11.2% by NIFTY 50.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1.76%
Dividend/Share (TTM)30.5
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)104.03

Financial Health

Current Ratio3.1
Debt/Equity0.00

Technical Indicators

RSI (14d)58.3
RSI (5d)44.54
RSI (21d)55.07
MACD SignalBuy
Stochastic Oscillator SignalHold
Grufity SignalSell
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell

Summary of Latest Earnings Report from Automotive Axles

Summary of Automotive Axles's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

Management's outlook for Automotive Axles Limited indicates a cautious confidence amid a soft market environment. For Q1 FY '26, revenue stood at approximately INR 498 crores, maintaining the previous year's level but reflecting a 1% dip in revenue from operations. The EBITDA margin improved to 11.7% from 11.2% year-over-year, while the profit after tax rose to 7.3% from 6.9%. Management emphasized ongoing improvements in working capital and cash flow.

Key forward-looking points include:

  1. Market Expectations: Despite current softness, management expects a potential normalization in Q3 and Q4 as infrastructure initiatives gain momentum post-monsoon.

  2. Product Development: Two new products targeting the bus segment (13.5m and 15m) are nearing commercialization, with production expected to ramp up in early Q2 FY '26.

  3. New Business Model Impact: The switch to a new business model with Meritor is anticipated to provide marginal improvements in margins as agreements shift to direct sales, potentially aiding revenue recognition.

  4. Capex Plans: The company plans to invest INR 120 crores on capacity enhancements and product developments over the next two years, aiming for completion of Phase 1 by FY '27.

  5. Operational Adjustments: Management indicated ongoing initiatives in cost reduction and automation, which are expected to support future profitability despite current market challenges.

  6. Future Guidance: Management anticipates Q2 to be affected by overstocking among OEMs and monsoon impacts, projecting full-year performance to be flat or slightly lower than previous year unless significant market shifts occur.

Last updated:

  1. Question: Can you explain a little bit more in detail how the new model would work both in terms of impact on the top line EBITDA?

    Answer: The new model will see around 75% of sales referred to MHVSIL, which has been consolidated with the end customer. While the revenue increase may not be significant, it will be less than a double-digit increase. The profitability arrangement is set at arm's length, and we anticipate some margin improvement over the year as we normalize the revenue recognition for exports.

  2. Question: Can you get more detailed perspective of how the service fee would work?

    Answer: The service fee is determined based on a scientific arm's length assessment and will be a percentage of the revenue from sales to Indian OEs. This fee structure is applicable only to domestic sales, not to exports, and the effect on margins and revenue can be monitored over the year.

  3. Question: Can you provide updates on the new product developments with the bus segment?

    Answer: The 13.5 and 15-meter products are currently in proto batches, with production expected soon. New developments for other specifications are underway, with expectations to finalize commercials in Q2. Feedback from proto trials has been positive, with minor adjustments anticipated.

  4. Question: Regarding export performance, what updates do you have on adding new customers?

    Answer: Our focus remains on supplying to designated Cummins entities and less on direct exports. Partnerships with manufacturers, such as Volvo, are ongoing, and we're strategically positioned to manage applications and requirements as needed.

  5. Question: Can you provide insight into the expected margins compared to the domestic market?

    Answer: Margins from domestic sales will incur the service fee, while exports to group entities will enjoy higher margins due to the absence of these fees. As such, we may expect relatively better margins on exports based on our pricing strategy.

  6. Question: Can you update on the overall outlook for FY '26 concerning demand?

    Answer: We anticipate a stable market, although a 4% dip in demand may occur, largely due to inventory build-ups. While Q2 will reflect some softness, we expect recovery in Q3 and Q4 due to government spending, aiming for revenue around INR400 crores.

  7. Question: How will your capex plans align with your growth ambitions?

    Answer: We have allocated around INR120 crores for capex this year to enhance capacity and automation. The first phase of projects will complete by the end of this financial year, with expected benefits to emerge in FY '27.

  8. Question: What can we expect regarding margins and profitability for the remaining year?

    Answer: While an immediate uptick in margins is not guaranteed, we expect gradual improvement as we adjust to our new model and the market stabilizes. By the third quarter, clearer insights will be available regarding these projections.

Share Holdings

Understand Automotive Axles ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
MERITOR HEAVY VEHICLE SYSTEMS, LLC35.52%
BF INVESTMENT LIMITED35.52%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA(VARIOUS SCHEMES)8.81%
SBI CONTRA FUND (VARIOUS SCHEMES)2.38%
BABASAHEB KALYANI FAMILY TRUST0%
CUMMINS INC0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Automotive Axles Better than it's peers?

Detailed comparison of Automotive Axles against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
BHARATFORGBharat Forge58.04 kCr15.14 kCr+9.70%-20.30%56.153.83--
SUNDRMFASTSundram Fasteners20.59 kCr6.03 kCr-4.10%-29.80%37.743.41--
RKFORGEramkrishna forgings9.41 kCr13.81 kCr-8.20%-49.00%18.770.68--
JAMNAAUTOJamna Auto Industries4.06 kCr2.29 kCr-1.80%-15.90%22.541.77--
TALBROAUTOTalbros Automotive Components1.87 kCr846.04 Cr+16.50%-9.40%19.442.21--

Sector Comparison: AUTOAXLES vs Auto Components

Comprehensive comparison against sector averages

Comparative Metrics

AUTOAXLES metrics compared to Auto

CategoryAUTOAXLESAuto
PE16.7941.20
PS1.252.34
Growth-4.8 %8.9 %
0% metrics above sector average

Performance Comparison

AUTOAXLES vs Auto (2021 - 2025)

AUTOAXLES leads the Auto sector while registering a 8.8% growth compared to the previous year.

Key Insights
  • 1. AUTOAXLES is NOT among the Top 10 largest companies in Auto Components & Equipments.
  • 2. The company holds a market share of 0.5% in Auto Components & Equipments.
  • 3. In last one year, the company has had a below average growth that other Auto Components & Equipments companies.

Income Statement for Automotive Axles

Standalone figures (in Rs. Crores)

Balance Sheet for Automotive Axles

Standalone figures (in Rs. Crores)

Cash Flow for Automotive Axles

Standalone figures (in Rs. Crores)

What does Automotive Axles Ltd. do?

Automotive Axles is an Auto Components & Equipments company, listed under the stock ticker AUTOAXLES.

With a market capitalization of Rs. 2,492.3 Crores, the company specializes in manufacturing and selling automotive components in India. Its product offerings include:

  • Front steer axles
  • Defence axles
  • Off-highway axles
  • Drive and non-drive axles
  • Drum and disc brakes
  • Suspension related products

Automotive Axles caters primarily to manufacturers of trucks and buses, original equipment manufacturers, and sectors involving military and off-highway vehicles. The company also has an international presence, exporting products to countries such as the United States, China, France, Italy, Brazil, and Australia.

Incorporated in 1981 and based in Mysore, India, Automotive Axles has achieved a trailing 12-month revenue of Rs. 2,113.3 Crores. The company is committed to returning value to its investors, offering a dividend yield of 1.86% per year, with a recent dividend payout of Rs. 32 per share.

Over the past three years, Automotive Axles has demonstrated significant growth, achieving a revenue increase of 54.4%.

Industry Group:Auto Components
Employees:989
Website:www.autoaxle.com