Automotive Axles
1,796.30
-20.00(-1.10%)
Market Cap₹2,714.56 Cr
PE Ratio17.58
IndustryAutomobiles
Company Performance:
1D-1.10%
1M+14.28%
6M+5.56%
1Y+4.83%
5Y+87.14%
View Company Insightsright
More news about Automotive Axles
05Jan 26
Automotive Axles Limited Receives Improved ESG Rating of 71.0 for 2025
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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22Nov 25
Automotive Axles CFO Ranganathan S Superannuates After 11-Year Tenure Amidst Strong Financial Position
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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04Nov 25
Automotive Axles Q2 FY26 Revenue Dips 6% Amid Market Challenges, Maintains EBITDA Margin
Automotive Axles Limited reported a 6% quarter-on-quarter decline in revenue for Q2 FY26, totaling ₹470.00 crores. Despite the revenue drop, EBITDA margin improved to 12.40%, up from 11.70% in Q1 FY26 and 11.40% in Q2 FY25. Half-year revenue reached ₹969.00 crores, a 3% year-on-year decline. The company faced challenges including product mix changes, reduced tipper sales, and export tariff impacts. New product launches included a 15-meter bus axle and axles for electric vehicles. The company maintains strong market share with key customers and expects a strong second half of the fiscal year. CFO Ranganathan S. announced his retirement effective November 21st.
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01Nov 25
Automotive Axles Anticipates Strong Q3 and Q5 Performance
Automotive Axles Limited anticipates robust financial performance for Q3 and Q5, expecting to outperform the previous year's results. The company shared these projections during a recent conference call with analysts and investors. While specific financial figures were not disclosed, management's outlook suggests potential growth in revenue and profitability. The company has made the audio recording of the call available on its website for transparency.
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31Oct 25
Automotive Axles Reports Q2 FY2026 Results and Announces CFO Departure
Automotive Axles Limited maintained a nearly flat net profit of ₹359.50 crore in Q2 FY2025-26, despite a 6.87% YoY revenue decline to ₹461.00 crore. The company improved its EBITDA margin to 10.46% from 10.33% last year, showcasing enhanced operational efficiency. Total assets stood at ₹13,283.69 million with total equity of ₹10,065.23 million as of September 30, 2025. The company announced the superannuation of CFO Mr. Ranganathan S, effective November 22, 2025.
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09Aug 25
Automotive Axles Reports Flat Revenue, Improved Margins in Q1; Expects Market Recovery in H2
Automotive Axles Limited reported stable revenue of INR 498.00 crores for Q1, with improved EBITDA and PAT margins. The company implemented a new business model, approved INR 120.00 crores capex for expansion, and is developing new products. Despite challenges in the commercial vehicle market, management remains optimistic about recovery in Q3 and Q4. The company aims to double revenue by FY30 through capacity enhancement and automation.
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20May 25
Automotive Axles Reports Q4 Results: Revenue Dips, Profit Rises, Announces Dividend
Automotive Axles Ltd. released Q4 results showing improved profitability despite a slight revenue decrease. Revenue fell 2.10% to ₹5.60 billion, but net profit increased 4.15% to ₹459.30 million. EBITDA margin improved marginally to 11.19%. The company announced a final dividend of ₹30.50 per share, demonstrating strong operational efficiency and shareholder value focus in a challenging market.
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01Apr 25
Automotive Axles Inks Strategic Services Agreement with Meritor HVS India
Automotive Axles Limited has entered into a services agreement with Meritor HVS (India) Limited (MHVSIL), a member of its Promoter Group. MHVSIL will provide specialized services including marketing, engineering, product development, and account management for Automotive Axles' products. The partnership aims to enhance Automotive Axles' technical capabilities and market position. The agreement, approved by the Audit Committee and Board of Directors, will be conducted on an arm's length basis.
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31Mar 25
Automotive Axles Limited Inks Strategic Services Agreement with Meritor HVS India
Automotive Axles Limited has entered into a services agreement with Meritor HVS (India) Limited (MHVSIL) on March 31, 2025. MHVSIL will provide marketing, engineering, product development, and program management services to support Automotive Axles' products. This related party transaction aims to enhance Automotive Axles' technical expertise, expand market presence, drive product innovation, and improve operational efficiency. The agreement has received necessary approvals from the Audit Committee and Board of Directors.
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20Mar 25
Automotive Axles Inks Strategic MOU with Meritor HVS, Faces Environmental Compliance Challenge
Automotive Axles Limited has signed a binding MOU with Meritor HVS (India) Limited, transferring certain customers and revising supply arrangements. The company also received a notice from Karnataka State Pollution Control Board regarding mandatory emission control measures for diesel generators at its Mysuru plant.
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Automotive Axles
1,796.30
-20.00
(-1.10%)
1 Year Returns:+4.83%
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