Automotive Axles Limited Gets Credit Rating Reaffirmed by ICRA at [ICRA]AA-(Stable)/[ICRA]A1+ for Rs. 135 Crore Facilities

1 min read     Updated on 02 Feb 2026, 03:57 PM
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Overview

Automotive Axles Limited received reaffirmation of its [ICRA]AA-(Stable)/[ICRA]A1+ credit rating from ICRA Limited for Rs. 135.00 crore facilities on February 2, 2026. The rating covers banking facilities distributed across HDFC Bank (Rs. 50.0 crore), Federal Bank (Rs. 60.0 crore), and Axis Bank (Rs. 25.0 crore). The company disclosed this development under SEBI regulations, with the ratings subject to annual surveillance and potential review based on changing circumstances.

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*this image is generated using AI for illustrative purposes only.

Automotive axles Limited announced that ICRA Limited has reaffirmed the company's credit rating, maintaining its strong financial standing in the automotive components sector. The rating agency communicated this decision through its letter dated February 2, 2026, as disclosed by the company under regulatory requirements.

Credit Rating Details

ICRA Limited reaffirmed Automotive Axles Limited's credit rating at [ICRA]AA-(Stable)/[ICRA]A1+ for its banking facilities. The rating action covers the company's comprehensive financial arrangements with multiple banking partners.

Instrument Rated Amount (Rs. crore) Rating Action
Long-term Fund-based Term loan 0.00 -
Long-term/Short-term Fund-based/Non-fund based Others 135.00 [ICRA]AA-(Stable)/[ICRA]A1+ Reaffirmed
Total 135.00

Banking Facility Distribution

The total rated amount of Rs. 135.0 crore is distributed across three major banking institutions, providing the company with diversified financial support.

Bank Amount (Rs. crore) Rating Rating Assigned On
HDFC Bank Limited 50.0 [ICRA]AA-(Stable)/[ICRA]A1+ January 27, 2026
Federal Bank Limited 60.0 [ICRA]AA-(Stable)/[ICRA]A1+ January 27, 2026
Axis Bank Limited 25.0 [ICRA]AA-(Stable)/[ICRA]A1+ January 27, 2026
Total 135.0

Regulatory Compliance

The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Debasis Panda, Company Secretary & Compliance Officer, demonstrating the company's commitment to maintaining transparency with stakeholders and regulatory authorities.

Rating Surveillance and Conditions

ICRA Limited noted that the reaffirmed ratings will become due for surveillance within one year from the date of the rating communication letter. The rating agency reserves the right to review and revise the ratings based on new information or changing circumstances that could impact the company's creditworthiness. The ratings are specific to the current terms and conditions of the instruments, and any changes would require a review by ICRA Limited.

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
+3.91%-0.25%+2.81%+4.77%+12.46%+82.04%

Automotive Axles Limited Schedules Conference Call for Q3FY26 Financial Results on February 6, 2026

1 min read     Updated on 29 Jan 2026, 06:17 PM
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Overview

Automotive Axles Limited has scheduled a conference call for February 6, 2026, at 10:00 AM IST to discuss Q3FY26/9M FY26 financial performance. The call, hosted by B&K Securities, will feature key management representatives and has been announced in compliance with SEBI regulations to both BSE and NSE.

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Automotive axles Limited has scheduled a conference call to discuss its third quarter and nine-month financial performance for FY26. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this upcoming analyst and institutional investor meeting, ensuring compliance with regulatory requirements.

Conference Call Details

The financial results discussion is scheduled for February 6, 2026, at 10:00 AM IST. B&K Securities will host the conference call, providing a platform for investors and analysts to engage with the company's management team regarding the Q3FY26/9M FY26 financial performance.

Parameter: Details
Date: February 6, 2026
Time: 10:00 AM IST
Host: B&K Securities
Purpose: Q3FY26/9M FY26 Financial Performance Discussion

Management Participation

The conference call will feature key management representatives who will provide insights into the company's financial performance and address investor queries.

Role: Representative
President & Whole-time Director: Mr. Nagaraja Gargeshwari
Sr. General Manager, Finance: Mr. Raman K
Wholetime Director, Meritor HVS India Ltd: Mr. Kishan Kumar Udipi

Participation Details

Investors and analysts can join the conference call through multiple access methods:

Universal Dial-in Numbers:

  • +91-22-6280-1222
  • +91-22-7115-8123

International Toll Free Access:

  • Canada: 01180-01424-3444
  • Hong Kong: 800-964-448
  • Singapore: 800-1012-045
  • UK: 0808-1011-573
  • USA: 1866-7462-133

Regulatory Compliance

The company has issued this intimation in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The notification was signed by Company Secretary & Compliance Officer Debadas Panda on January 29, 2026.

For additional information regarding the conference call, participants can contact Mr. Sailesh Raja at Batlivala & Karani Securities India Pvt. Ltd. at +91 7550237208 or via email at sailesh.raja@bksec.com .

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
+3.91%-0.25%+2.81%+4.77%+12.46%+82.04%

More News on Automotive Axles

1 Year Returns:+12.46%