Automotive Axles Limited Receives Improved ESG Rating of 71.0 for 2025

2 min read     Updated on 05 Jan 2026, 01:06 PM
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Reviewed by
Ashish TScanX News Team
Overview

Automotive Axles Limited achieved an improved ESG score of 71.0 for 2025, up from 68.8 in 2024, as assessed by SEBI-registered SES ESG Research. The enhancement reflects strong environmental performance with 52.12% renewable energy consumption and ambitious sustainability targets for 2028, while maintaining robust governance standards across its three manufacturing facilities.

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

Automotive Axles Limited has received an improved ESG rating of 71.0 for 2025, representing a notable enhancement from its previous score of 68.8 in 2024, according to an assessment by SES ESG Research Private Limited, a SEBI-registered ESG rating provider.

ESG Performance Overview

The company's overall ESG performance demonstrates significant improvement across key sustainability metrics. The rating assessment, conducted independently by SES ESG Research without any engagement from the company, is based on public disclosures made during 2024-25.

Parameter: 2024 Score 2025 Score Improvement
Overall ESG Score: 68.8 71.0 +2.2 points
Environment Score: 53.0 58.8 +5.8 points
Social Score: 76.0 74.2 -1.8 points
Governance Score: 78.0 79.7 +1.7 points

Environmental Performance Highlights

Automotive Axles Limited has demonstrated substantial progress in environmental sustainability initiatives. The company has established ambitious targets to achieve 80% energy from renewable sources, 80% low emission vehicles, 80% reduction in carbon footprint, and 98% recyclable end-of-life products by 2028.

Key environmental achievements include:

  • Renewable energy consumption increased to 52.12% during FY 2024-25
  • Significant reduction in total energy consumption and GHG emissions (Scope 1+2)
  • 96.29% of waste recovered through recycling, re-using, and other recovery operations
  • Zero operations in ecologically sensitive areas
  • ISO 14001:2015 certification for Environmental Management System

Operational and Manufacturing Details

The assessment covers Automotive Axles Limited's comprehensive manufacturing operations, which include:

Operational Parameter: Details
Primary Business: Manufacturing of axles and brakes
Manufacturing Locations: Mysore, Rudrapur, and Jamshedpur
Number of Plants: 3
Number of Offices: 1
Industry Classification: Auto Components & Equipment

Social and Governance Aspects

While the company maintained strong performance in several social parameters, including zero fatalities over the past three years and comprehensive safety certifications (ISO 45001:2018, ISO 9001:2015, IATF 16949:2016), some areas showed room for improvement. The social score decreased slightly to 74.2 from 76.0, primarily due to increased employee turnover rates and limited gender diversity in the workforce.

Governance performance improved to 79.7, reflecting enhanced board committee effectiveness and maintained compliance with statutory requirements. The company's statutory auditors have not made any qualifications in their reports for the last three financial years.

Rating Methodology and Scope

SES ESG Research evaluated the company using industry-specific weightings of 35% for Environmental factors, 25% for Social factors, and 40% for Governance factors. The assessment is based entirely on publicly available information, including Business Responsibility and Sustainability Reports (BRSR), annual reports, and other regulatory disclosures.

The improved ESG rating positions Automotive Axles Limited in the B+ grade category (70-80 range), indicating medium ESG risk exposure and demonstrating the company's commitment to sustainable business practices across its automotive component manufacturing operations.

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+3.85%+7.25%+9.37%+8.21%+79.18%
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Automotive Axles CFO Ranganathan S Superannuates After 11-Year Tenure Amidst Strong Financial Position

1 min read     Updated on 22 Nov 2025, 12:06 PM
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Reviewed by
Naman SScanX News Team
Overview

Automotive Axles Limited announced the superannuation of CFO Ranganathan S, effective November 22, 2025, after 11 years of service. The departure is earlier than the initially extended date of April 16, 2026, due to personal reasons. The company's financial position remains strong, with significant growth in key metrics. Total assets increased by 10.35% to ₹1,357.00 crore, and shareholders' capital grew by 12.10% to ₹981.90 crore compared to the previous year. Over a five-year period, the company demonstrated substantial growth with total assets increasing by 43.23% and shareholders' capital by 77.21%.

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

Automotive Axles Limited , a key player in the auto components sector, has announced the superannuation of its Chief Financial Officer (CFO), Ranganathan S, effective November 22, 2025. This marks the end of Ranganathan's 11-year tenure with the company, during which he played a crucial role in steering the company's financial strategy.

Key Highlights

  • Ranganathan S superannuates as CFO of Automotive Axles Limited after 11 years of service
  • Original superannuation date was April 16, 2025, extended by one year
  • Early superannuation due to personal reasons
  • Company's financial position remains strong, with significant growth in key metrics

CFO Transition

Ranganathan's departure comes slightly earlier than initially planned. His original superannuation date was set for April 16, 2025, and had been extended by one year. However, citing personal reasons, Ranganathan chose to proceed with his superannuation on November 22, 2025.

Company's Financial Position

As Ranganathan concludes his tenure, Automotive Axles Limited stands on solid financial ground. The company's latest balance sheet data reveals robust growth across various financial metrics:

Financial Metric Current Year (2025-03) 1 Year Ago (2024-03) Change (%)
Total Assets ₹1,357.00 crore ₹1,229.70 crore 10.35%
Shareholders' Capital ₹981.90 crore ₹875.90 crore 12.10%
Current Assets ₹1,108.60 crore ₹970.00 crore 14.29%
Reserve & Surplus ₹966.80 crore ₹860.80 crore 12.31%

The company has shown significant growth in its asset base and shareholder value over the past year, indicating a strong financial position as the CFO transition takes place.

Long-term Growth Trajectory

Looking at the company's performance over a longer period, Automotive Axles has demonstrated substantial growth:

Financial Metric Current Year (2025-03) 5 Years Ago (2021-03) 5-Year Change (%)
Total Assets ₹1,357.00 crore ₹947.40 crore 43.23%
Shareholders' Capital ₹981.90 crore ₹554.10 crore 77.21%
Current Assets ₹1,108.60 crore ₹636.60 crore 74.14%

These figures highlight the company's strong growth trajectory over the past five years, showcasing the financial leadership during Ranganathan's tenure.

As Automotive Axles Limited prepares for this transition in financial leadership, the company's robust financial position suggests a solid foundation for continued growth and stability in the auto components sector.

Historical Stock Returns for Automotive Axles

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+3.85%+7.25%+9.37%+8.21%+79.18%
Automotive Axles
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