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Automotive Axles

₹1,613.60
-24.00 (1.47%) 1D
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Performance

Open
1,646.20
Prev. Close
1,637.60
Volume
4,266
Total traded value
0.69 Cr
Upper Circuit
1,936.30
Lower Circuit
1,290.90

Fundamentals

Market Cap₹2,430Cr
ROE15.62%
P/E Ratio(TTM)15.46
EPS(TTM)104.03
P/B Ratio2.41
Dividend Yield1.90%
Industry P/E43.92
Book Value666.13
Debt to Equity0.01
Face Value10
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Financials

*All values are in Rs. Cr
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About Automotive Axles

Established in 1981, Automotive Axles Limited is a joint venture between the Indian conglomerate Kalyani Group and Meritor Inc., USA, operating as a leading automotive system manufacturer. Its vision is to be a world-class quality manufacturer of drivetrain products for commercial, off-highway, and defense applications, providing innovative solutions to customers at competitive prices. The company relentlessly focuses on quality by adopting acclaimed methodologies like Total Productive Maintenance (TPM), Built-in Quality, 5S, and Six Sigma processes. It specializes in manufacturing Rear Drive Axle Assemblies, S-Cam actuated air brakes, and trailer axles for vehicles ranging from 7 to 55 tonnes gross vehicle weight. A significant strategic shift was made by entering a new technical and service agreement with Meritor HVS (India) Limited, enabling direct product sales to OEMs. The company's Mysore Plant was honored with the TPM Excellence Award in March 2024, a testament to its dedication to continuous improvement.;
Parent OrganisationAutomotive Axles
Managing DirectorNagaraja Gargeshwari
NSE SymbolAUTOAXLES

Shareholding Pattern

Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Promoters
71.04%
Retail And Others
14.07%
Mutual Funds
14.04%
Foreign Institutions
0.71%
Other Domestic Institutions
0.14%

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