About
Automotive Axles Limited manufactures and sells automotive components in India. It offers drive axles, non-drive axles, defense axles, front steer axles, off-highway axles, drum and disc brakes, and suspension related products. The company primarily serves trucks and buses manufacturers, original equipment manufacturers, and military and off-highway vehicle sectors. It also exports its products to the United States, China, France, Italy, Brazil, Australia, and internationally. Automotive Axles Limited was incorporated in 1981 and is based in Mysore, India.
Key Metrics
as of Sep 2026Market Cap2,552 Cr
P/E14.00
Div Yield1.89 %
Book Value₹727.00
52w High₹2,126.00
52w Low₹1,536.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 517.00 | 664.00 | 562.00 | 462.00 | 489.00 | 560.00 | 531.00 | 495.00 | 492.00 | 572.00 | 541.00 | 584.00 | 532.00 |
| Expenses | 457.00 | 587.00 | 498.00 | 413.00 | 442.00 | 497.00 | 473.00 | 444.00 | 444.00 | 508.00 | 483.00 | 518.00 | 473.00 |
| Operating Profit | 60.00 | 77.00 | 64.00 | 48.00 | 48.00 | 63.00 | 57.00 | 51.00 | 49.00 | 64.00 | 58.00 | 66.00 | 59.00 |
| OPM % | 12.00 | 12.00 | 11.00 | 10.00 | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Other Income | 10.00 | 6.00 | -3.00 | 9.00 | 9.00 | 9.00 | 6.00 | 6.00 | 6.00 | 5.00 | 4.00 | 4.00 | 2.00 |
| Depreciation | 9.00 | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 61.00 | 72.00 | 51.00 | 48.00 | 48.00 | 62.00 | 54.00 | 48.00 | 46.00 | 59.00 | 53.00 | 60.00 | 51.00 |
| Tax % | 26.00 | 25.00 | 24.00 | 25.00 | 26.00 | 26.00 | 27.00 | 26.00 | 26.00 | 25.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 46.00 | 54.00 | 39.00 | 36.00 | 36.00 | 46.00 | 40.00 | 36.00 | 34.00 | 44.00 | 39.00 | 45.00 | 38.00 |
| EPS in Rs | 30.17 | 35.66 | 25.68 | 23.79 | 23.64 | 30.39 | 26.19 | 23.80 | 22.53 | 29.18 | 25.91 | 29.84 | 25.03 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,178.00 | 2,078.00 | 2,229.00 | 2,324.00 | 1,491.00 | 906.00 | 952.00 | 1,939.00 | 1,520.00 | 1,172.00 | 1,086.00 | 459.00 |
| Expenses | 1,941.00 | 1,858.00 | 1,983.00 | 2,066.00 | 1,356.00 | 840.00 | 859.00 | 1,710.00 | 1,353.00 | 1,059.00 | 990.00 | 424.00 |
| Operating Profit | 237.00 | 220.00 | 246.00 | 257.00 | 135.00 | 66.00 | 93.00 | 229.00 | 167.00 | 114.00 | 96.00 | 35.00 |
| OPM % | 11.00 | 11.00 | 11.00 | 11.00 | 9.00 | 7.00 | 10.00 | 12.00 | 11.00 | 10.00 | 9.00 | 8.00 |
| Other Income | 20.00 | 27.00 | 16.00 | 5.00 | 4.00 | 3.00 | 6.00 | 3.00 | 5.00 | 2.00 | 1.00 | 3.00 |
| Interest | 2.00 | 3.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 | 6.00 | 4.00 |
| Depreciation | 36.00 | 34.00 | 36.00 | 41.00 | 36.00 | 36.00 | 37.00 | 46.00 | 43.00 | 39.00 | 39.00 | 17.00 |
| Profit before tax | 220.00 | 211.00 | 223.00 | 218.00 | 100.00 | 30.00 | 60.00 | 185.00 | 128.00 | 75.00 | 52.00 | 16.00 |
| Tax % | 25.00 | 26.00 | 25.00 | 26.00 | 26.00 | 25.00 | 31.00 | 34.00 | 34.00 | 34.00 | 33.00 | 36.00 |
| Net Profit | 164.00 | 156.00 | 166.00 | 162.00 | 74.00 | 23.00 | 41.00 | 122.00 | 84.00 | 49.00 | 35.00 | 11.00 |
| EPS in Rs | 108.77 | 102.92 | 109.95 | 107.22 | 49.21 | 15.04 | 27.22 | 80.43 | 55.54 | 32.70 | 23.01 | 6.97 |
| Dividend Payout % | 29.00 | 30.00 | 29.00 | 30.00 | 30.00 | 30.00 | 25.00 | 24.00 | 24.00 | 24.00 | 24.00 | 14.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | 1,084.00 | 967.00 | 861.00 | 744.00 | 606.00 | 539.00 | 517.00 | 523.00 | 429.00 | 361.00 | 312.00 | 287.00 |
| Borrowings | 14.00 | 16.00 | 22.00 | 28.00 | 23.00 | 29.00 | 35.00 | 73.00 | 0.00 | 0.00 | 30.00 | 62.00 |
| Other Liabilities | 407.00 | 360.00 | 332.00 | 369.00 | 401.00 | 364.00 | 161.00 | 322.00 | 290.00 | 189.00 | 169.00 | 156.00 |
| Total Liabilities | 1,520.00 | 1,357.00 | 1,230.00 | 1,157.00 | 1,045.00 | 947.00 | 728.00 | 933.00 | 734.00 | 566.00 | 526.00 | 521.00 |
| Fixed Assets | 225.00 | 200.00 | 227.00 | 245.00 | 259.00 | 245.00 | 255.00 | 109.00 | 118.00 | 146.00 | 168.00 | 177.00 |
| CWIP | 14.00 | 7.00 | 6.00 | 6.00 | 3.00 | 32.00 | 24.00 | 116.00 | 17.00 | 7.00 | 9.00 | 17.00 |
| Investments | 140.00 | 77.00 | 21.00 | 0.00 | 17.00 | 12.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,142.00 | 1,073.00 | 976.00 | 905.00 | 766.00 | 658.00 | 449.00 | 709.00 | 600.00 | 413.00 | 349.00 | 327.00 |
| Total Assets | 1,520.00 | 1,357.00 | 1,230.00 | 1,157.00 | 1,045.00 | 947.00 | 728.00 | 933.00 | 734.00 | 566.00 | 526.00 | 521.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 173.00 | 128.00 | 260.00 | 52.00 | 43.00 | 49.00 | 198.00 | 106.00 | 51.00 | 97.00 | 57.00 | 92.00 |
| Cash from Investing Activity | -94.00 | -94.00 | -182.00 | -84.00 | -27.00 | -40.00 | -59.00 | -157.00 | -27.00 | -23.00 | -25.00 | -18.00 |
| Cash from Financing Activity | -49.00 | -59.00 | -56.00 | -31.00 | -15.00 | -10.00 | -105.00 | 47.00 | -15.00 | -40.00 | -35.00 | -70.00 |
| Net Cash Flow | 30.00 | -24.00 | 22.00 | -63.00 | 2.00 | -1.00 | 34.00 | -4.00 | 9.00 | 35.00 | -3.00 | 3.00 |
| Free Cash Flow | 101.00 | 115.00 | 241.00 | 36.00 | 21.00 | 14.00 | 136.00 | -46.00 | 21.00 | 74.00 | 31.00 | 72.00 |
| CFO/OP % | 95.00 | 82.00 | 129.00 | 41.00 | 49.00 | 88.00 | 228.00 | 77.00 | 61.00 | 113.00 | 78.00 | 278.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82.00 | 77.00 | 60.00 | 78.00 | 95.00 | 114.00 | 47.00 | 65.00 | 80.00 | 72.00 | 67.00 | 140.00 |
| Inventory Days | 53.00 | 57.00 | 58.00 | 50.00 | 68.00 | 116.00 | 88.00 | 50.00 | 47.00 | 45.00 | 52.00 | 129.00 |
| Days Payable | 83.00 | 75.00 | 65.00 | 69.00 | 114.00 | 168.00 | 65.00 | 70.00 | 88.00 | 75.00 | 64.00 | 149.00 |
| Cash Conversion Cycle | 52.00 | 59.00 | 52.00 | 60.00 | 49.00 | 62.00 | 70.00 | 45.00 | 39.00 | 42.00 | 55.00 | 119.00 |
| Working Capital Days | 66.00 | 111.00 | 87.00 | 73.00 | 64.00 | 75.00 | 68.00 | 53.00 | 59.00 | 56.00 | 51.00 | 89.00 |
| ROCE % | 22.00 | 22.00 | 27.00 | 31.00 | 17.00 | 6.00 | 11.00 | 35.00 | 31.00 | 21.00 | 16.00 | — |
Corporate Actions
27 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Aug 2026 | 05 Aug 2026 | — | 32.00 | |
| Dividend | 05 Aug 2025 | 05 Aug 2025 | — | 30.50 | |
| Dividend | 29 Jul 2024 | 29 Jul 2024 | — | 32.00 | |
| Dividend | 27 Jul 2023 | 27 Jul 2023 | — | 32.00 | |
| Dividend | 28 Jul 2022 | — | — | 15.00 | |
| Dividend | 03 Aug 2021 | — | — | 4.50 | |
| Dividend | 12 Aug 2020 | — | — | 0.80 | |
| Dividend | 13 Mar 2020 | 16 Mar 2020 | — | 6.00 | |
| Dividend | 07 Aug 2019 | — | — | 19.50 | |
| Dividend | 02 Aug 2018 | — | — | 13.50 | |
| Dividend | 11 Aug 2017 | — | — | 8.00 | |
| Dividend | 08 Aug 2016 | — | — | 5.50 | |
| Dividend | 30 Jul 2015 | — | — | 1.00 | |
| Dividend | 30 Jan 2015 | — | — | 2.50 | |
| Dividend | 06 Feb 2014 | — | — | 2.00 | |
| Dividend | 31 Jan 2013 | — | — | 10.00 | |
| Dividend | 12 Jan 2012 | — | — | 10.00 | |
| Dividend | 17 Jan 2011 | — | — | 8.50 | |
| Dividend | 11 Jan 2010 | — | — | 2.70 | |
| Dividend | 15 Jan 2009 | — | — | 6.50 | |
| Dividend | 14 Jan 2008 | — | — | 6.50 | |
| Dividend | 09 Aug 2007 | 10 Aug 2007 | — | 6.00 | |
| Other | 08 Jan 2007 | — | — | — | Agm/Dividend Rs. 7.5 P Sh |
| Dividend | 10 Aug 2006 | 11 Aug 2006 | — | 5.50 | |
| Dividend | 20 Jan 2005 | — | — | 6.50 | |
| Dividend | 27 Dec 2001 | — | — | 3.50 | |
| Dividend | 29 Dec 2000 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Feb from icra
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Rating update28 Mar 2025 from icra
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Rating update13 Jan 2025 from icra
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Rating update23 Jan 2024 from icra
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Rating update26 May 2023 from icra
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Rating update3 Mar 2023 from icra