Automotive Axles
Automotive Axles Share Price Chart
Automotive Axles last traded at ₹1,599.00 (2026-10-13). Over the past month the stock moved -4.1%, three months the stock moved -11.1%, year the stock moved -9.1%. Its closing range over 52 weeks is ₹1,580.15 – ₹2,048.00, with the latest close 21.9% below the high.
Closing prices up to 2026-10-13.
About Automotive Axles
Automotive Axles was established in 1981 as a JV of Kalyani Group (35.5% ownership) and Meritor Inc, USA (35.5% ownership). [1] The Company is engaged in the business of manufacturing and supplying Automotive Parts to the major domestic and global manufacturers of Trucks & Buses (LCV, MCV, HCV, Military & Off-highway Vehicle Segment). [2]
Brand & Customer Co. is the largest independent axle manufacturer and 2nd-largest brake manufacturer in India. [1] They have a strong customer base which includes companies like Ashok Leyland, Daimler India, Mahindra & Mahindra, Tata Motors, Volvo Eicher, and many more. [2] Ashok Leyland accounted for ~50-60% of co.’s revenues historically.[3]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Automotive Axles reported sales of ₹517.00 crore (+5.7%) and net profit of ₹46.00 crore (+27.8%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 517.00 | 60.00 | 12.00 | 46.00 | 30.17 |
| Mar 2026 | 664.00 | 77.00 | 12.00 | 54.00 | 35.66 |
| Dec 2025 | 562.00 | 64.00 | 11.00 | 39.00 | 25.68 |
| Sep 2025 | 462.00 | 48.00 | 10.00 | 36.00 | 23.79 |
| Jun 2025 | 489.00 | 48.00 | 10.00 | 36.00 | 23.64 |
| Mar 2025 | 560.00 | 63.00 | 11.00 | 46.00 | 30.39 |
| Dec 2024 | 531.00 | 57.00 | 11.00 | 40.00 | 26.19 |
| Sep 2024 | 495.00 | 51.00 | 10.00 | 36.00 | 23.80 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | -15.2% | -1.8% | -2.1% | -0.6% | -6.7% | +5.8% | +18.6% | +5.7% |
| Operating profit growth | -22.7% | -1.7% | -1.6% | -2.0% | -5.9% | +12.3% | +22.2% | +25.0% |
| Net profit growth | -20.0% | +2.6% | +4.5% | +5.9% | +0.0% | -2.5% | +17.4% | +27.8% |
| EPS growth | -20.2% | +1.1% | +4.1% | +4.9% | -0.0% | -1.9% | +17.3% | +27.6% |
| OPM % | 10.0% | 11.0% | 11.0% | 10.0% | 10.0% | 11.0% | 12.0% | 12.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Automotive Axles reported sales of ₹2,178.00 crore (+4.8%) and net profit of ₹164.00 crore (+5.1%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 2,178 | 237.00 | 11.00 | 164.00 | 108.77 |
| Mar 2025 | 2,078 | 220.00 | 11.00 | 156.00 | 102.92 |
| Mar 2024 | 2,229 | 246.00 | 11.00 | 166.00 | 109.95 |
| Mar 2023 | 2,324 | 257.00 | 11.00 | 162.00 | 107.22 |
| Mar 2022 | 1,491 | 135.00 | 9.00 | 74.00 | 49.21 |
| Mar 2021 | 906.00 | 66.00 | 7.00 | 23.00 | 15.04 |
| Mar 2020 | 952.00 | 93.00 | 10.00 | 41.00 | 27.22 |
| Mar 2019 | 1,939 | 229.00 | 12.00 | 122.00 | 80.43 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +27.6% | -50.9% | -4.8% | +64.6% | +55.9% | -4.1% | -6.8% | +4.8% |
| Operating profit growth | +37.1% | -59.4% | -29.0% | +104.5% | +90.4% | -4.3% | -10.6% | +7.7% |
| Net profit growth | +45.2% | -66.4% | -43.9% | +221.7% | +118.9% | +2.5% | -6.0% | +5.1% |
| EPS growth | +44.8% | -66.2% | -44.7% | +227.2% | +117.9% | +2.5% | -6.4% | +5.7% |
| OPM % | 12.0% | 10.0% | 7.0% | 9.0% | 11.0% | 11.0% | 11.0% | 11.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Automotive Axles trades at ₹1,837, down 0.8% today but up 11.3% over 1 month and 19.6% over 1 year, reflecting strong mid-term momentum despite near-term consolidation. Fundamentals show solid profitability with 11% OPM and 15.5% ROE, though quarterly net profit has compressed from ₹46 Cr (Mar 2025) to ₹39 Cr (Dec 2025), and ROCE has declined from 27% to 22% year-on-year, signaling margin pressure in recent quarters. The stock trades at a P/E of 18.07—37% below the industry median of 28.35—offering valuation support, but deteriorating quarterly earnings and widening margin compression in H2 FY25 warrant caution.
- Valuation significantly discounted: P/E of 18.07 is 36% below industry median (28.35), offering margin of safety despite near-term earnings pressure.
- Strong balance sheet with minimal leverage: D/E ratio of 0.01 and declining borrowings (₹15 Cr vs ₹22 Cr in Mar 2024) provide financial flexibility and low refinancing risk.
- Excellent sector positioning: 91.4th percentile rank among auto ancillaries peers and bullish technical trend (price above both 50-day and 200-day MAs) signal relative sector strength.
- Deteriorating quarterly earnings: Net profit contracted from ₹46 Cr (Mar 2025) to ₹39 Cr (Dec 2025), with widening margin compression (NPM fell from 8.2% to 6.9%), suggesting cyclical/structural headwinds in the auto ancillaries segment.
- ROCE and profitability compression: ROCE declined 500 bps YoY (27% to 22%), and TTM net profit (₹156 Cr) is flat YoY despite 7% revenue decline, indicating operational leverage erosion and potential input cost or competitive pricing pressures.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
See Full AI Analysis — Free FREE →Latest News
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Automotive Axles Ltd cites STP non-compliance notice from KSPCB - scanx.trade
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Automotive Axles files Business Responsibility Report for FY26 - scanx.trade
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Automotive Axles Limited Notifies Shareholders of IEPF Saksham Niveshak Second 100 Days Campaign - scanx.trade
Frequently Asked Questions
What is Automotive Axles's current stock price?
Automotive Axles shares were last quoted at ₹1,599.00 (-0.1% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Automotive Axles?
Automotive Axles has a price-to-earnings (P/E) ratio of 14.76 and a price-to-book (P/B) ratio of 2.25. The industry P/E is 26.15.
What is the 52-week high and low of Automotive Axles?
The 52-week high of Automotive Axles is ₹2,125.95 and the 52-week low is ₹1,536.00.
What is the market cap of Automotive Axles?
The market capitalisation of Automotive Axles is about ₹2,572.28 crore.
How did Automotive Axles perform in its latest quarterly results?
In the latest quarter (Jun 2026), Automotive Axles reported sales of ₹517.00 crore (+5.7%) and net profit of ₹46.00 crore (+27.8%), compared with the same quarter last year.
Is Automotive Axles a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Automotive Axles has a 3-year ROE of 17.00%, 3-year profit growth of 1.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Automotive Axles?
Promoters hold about 71.04% of Automotive Axles.
Which sector does Automotive Axles belong to?
Automotive Axles belongs to the Auto Ancillaries - Axle shafts sector.