Automotive Axles Ltd (AUTOAXLES) — shareholding pattern, promoter holding, financials and share price
About Automotive Axles Ltd (AUTOAXLES)
Automotive Axles Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as AUTOAXLES and on the BSE under scrip code 505010. Its ISIN is INE449A01011.
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]
Automotive Axles Limited (AAL) is a joint venture between the Kalyani Group and Meritor Inc., specializing in manufacturing Rear Drive Axle Assemblies and S-Cam actuated quick-change air brakes for vehicles ranging from 7 to 55 tonnes gross vehicle weight (GVW). The company operates strategically located manufacturing plants across India in Mysuru, Rudrapur, and Jamshedpur.
In the latest quarter, AAL reported a revenue of INR 570 crores, with EBITDA standing at INR 72.5 crores, reflecting a margin of 12.9%. The company experienced a 21% sequential revenue growth and a 26% growth in EBITDA margin compared to the previous quarter, despite encountering an exceptional wage code expense.
Listed peers in Auto Components & Equipments: Divgi Torqtransfer Systems Ltd, India Nippon Electricals Ltd, M M Forgings Ltd, Federal-Mogul Goetze (India) Ltd, Talbros Automotive Components Ltd, Rajratan Global Wire Ltd.
Valuation & Returns
10 Jul 2026At ₹1,788.95 a share on 10 Jul 2026, Automotive Axles Ltd (AUTOAXLES) was valued at a price-to-earnings ratio of 16.45x against an industry P/E of 37.75x and a price-to-book of 2.75x on a book value of ₹649.76 per share as of Mar 2025. Solomo computes return on equity of 16.74% and return on capital employed of 22.19% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 16.45x
- Industry P/E
- 37.75x
- P/B
- 2.75x
- EPS (TTM)
- ₹108.77
- Book value / share
- ₹649.76
- ROE
- 16.74%
- ROCE
- 22.19%
- ROA
- 12.11%
- Debt / equity
- 0.02x
- Dividend yield
- 1.7%
- EBITDA margin
- 11.81%
- 52-week range
- ₹1,536 – ₹2,125.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Automotive Axles Ltd (AUTOAXLES) reported revenue of ₹2,178 crore, net profit of ₹164 crore and earnings per share of ₹108.77. That compares with revenue of ₹2,078 crore and net profit of ₹156 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹664 crore and net profit ₹54 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,491 | 2,324 | 2,229 | 2,078 | 2,178 |
| Net profit (₹ cr) | 74 | 162 | 166 | 156 | 164 |
| EPS (₹) | 49.21 | 107.22 | 109.95 | 102.92 | 108.77 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 6.23% | 16.89% | 11.70% | -6.80% |
| Profit growth | 18.11% | 30.47% | 27.89% | -6.39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 71.04% of Automotive Axles Ltd (AUTOAXLES) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.75% and domestic institutional investors (DII) hold 15.44%. Market capitalisation was ₹2,703 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: NIPPON LIFE INDIA TRUSTEE LTD 8.81%, ICICI PRUDENTIAL SMALLCAP FUND - VARIOUS SCHEMES 2.76%, BANDHAN INFRASTRUCTURE FUND 1.47%, SBI CONTRA FUND 1.32%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 71.04% | - | 0.75% | 15.44% | 28.96% |
| Mar 2026 | 71.04% | - | 0.83% | 15.15% | 28.96% |
| Dec 2025 | 71.04% | - | 0.68% | 14.58% | 28.96% |
| Sep 2025 | 71.04% | - | 0.71% | 14.18% | 28.96% |
| Jun 2025 | 71.04% | - | 0.65% | 13.82% | 28.96% |
| Mar 2025 | 71.04% | - | 0.54% | 13.53% | 28.96% |
| Dec 2024 | 71.04% | - | 0.55% | 13.05% | 28.96% |
| Sep 2024 | 71.04% | - | 0.63% | 12.77% | 28.96% |