Automotive Axles Ltd share price logo

Automotive Axles Ltd (AUTOAXLES)

₹2006.50.75%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Automotive Axles Ltd. An average target of ₹2231

Source: S&P Global Market Intelligence

Automotive Axles Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,975
    ₹2,020
  • 52 Week's Low

    52 Week's High

    ₹1,742.15
    ₹2,460
1 Month Return-3.27 %
3 Month Return+ 7.37 %
1 Year Return-7.8 %
Previous Close₹1,991.60
Open₹1,975.00
Volume8,235.00
Upper Circuit-
Lower Circuit-
Market Cap₹3,031.82Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹3,031.82 Cr
P/B Ratio3.04
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.26%
Nippon India ELSS Tax Saver Fund Direct Plan - Growth OptionNippon India ELSS Tax Saver Fund Direct Plan - Growth Option0.72%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth0.12%
Tata Small Cap Fund Direct GrowthTata Small Cap Fund Direct Growth0.36%
Bandhan Multi Cap Fund Direct GrowthBandhan Multi Cap Fund Direct Growth0.4%

Company Information

Automotive Axles, a joint venture between the Kalyani Group and Rockwell International Corporation, manufactures all types of complete axles and axle assemblies including components and corresponding brake sets, and automotive gears and air and hydraulic activated brake assemblies. It started a Rs 30.3cr project in Jul 84 which enabled it to enter the capital market. However, the company encountered difficulties in 196 when its networth began to erode and it began restructuring its capital in consultation with financial institutions. The company came out with a rights issue in Feb.95 as part of its expansion project to develop manufacturing capacity of both axles and brakes. By 19992000, the company achieved an impressive 20% growth in sales as the company increased its penetration into both domestic and export markets. It has also secured a techincal licensing arrangement with both Ashok Leyland and Volvo India Ltd. and already achieved export business worth US 4 Million.

Share Price: ₹2006.50 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,031.82Cr as of today
Listing date: 23 Mar, 1995
Chairperson Name: Baba Kalyani
OrganisationAutomotive Axles Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Automotive Axles Ltd

  • Automotive Axles Sells Industrial Land for Rs. 12.75 Crore - 13 Jun, 2024

    Automotive Axles has sold its industrial land in Pithampur, Madhya Pradesh to Swara Baby Products Private Limited for Rs. 12.75 crore.

  • Automotive Axles Records Satisfactory Free Cash Flow Relative to Profit - 03 Jun, 2024

    Automotive Axles Ltd's recent earnings report showed satisfactory free cash flow relative to profit, indicating good earnings potential. The company's earnings per share have grown impressively over the last three years.

  • Automotive Axles FY24 Earnings: EPS at Rs 110, Revenue Down by 3.4% - 29 May, 2024

    Automotive Axles reported an EPS of Rs 110 for FY24, up from Rs 107 in FY23. The revenue decreased by 3.4% to Rs 22.4 billion, while net income increased by 2.5% to Rs 1.66 billion. Profit margin improved to 7.4% due to lower expenses. The company forecasts a 3.4% p.a. growth in revenue over the next two years compared to the Auto Components industry's forecasted growth of 10%.

  • Automotive Axles Reports Decline in Net Profit and Sales - 28 May, 2024

    Automotive Axles reported a decline in both net profit and net sales for Q4 FY24 and March 2024 respectively. The company's standalone net profit fell by 13.22% YoY while its net sales decreased by 17.53% YoY. However, the board declared a final dividend of Rs 32 for the financial year ended 2024.

  • Automotive Axles Ltd Receives TPM Excellence Award from JIPM - 27 May, 2024

    Automotive Axles Limited has been awarded the TPM Excellence, Category - A Awards 2023 by Japan Institute of Plant Management (JIPM) in March 2024. The award ceremony was attended by about 40 TQM forum members who also visited Automotive Axles Limited to learn best practices.

Insights on Automotive Axles Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.52% to 0.58% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 16.42% to 16.82% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 311.5% return, outperforming this stock by 267.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.04% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 98.0% return, outperforming this stock by 106.5%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, AUTOAXLES stock has moved down by -8.5%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 11.74% to 11.51% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹1,233.50Cr
↑6.28%
Total Liabilities
₹357.56Cr
↓10.90%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹260.16Cr
↑404.09%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.04%
0.00
Foreign Institutions
0.58%
12.37
Mutual Funds
11.51%
-1.96
Retail Investors
16.82%
2.43
Others
0.05%
-82.37

Key Indicators

Earnings and Dividends

  • Automotive Axles Ltd Earnings Results

    Automotive Axles Ltd’s net profit fell -13.21% since last year same period to ₹44.10Cr in the Q4 2023-2024. On a quarterly growth basis, Automotive Axles Ltd has generated 12.64% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Automotive Axles Ltd Dividends May,2024

    In the quarter ending March 2024, Automotive Axles Ltd has declared dividend of ₹32 - translating a dividend yield of 1.59%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Automotive Axles Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Automotive Axles Ltd shares.

Automotive Axles Ltd (AUTOAXLES) share price today is ₹2006.5

Automotive Axles Ltd is listed on NSE

Automotive Axles Ltd is listed on BSE

  • Today’s highest price of Automotive Axles Ltd is ₹2020.
  • Today’s lowest price of Automotive Axles Ltd is ₹1975.

Today’s traded volume of Automotive Axles Ltd(AUTOAXLES) is 8,235.00.

Today’s market capitalisation of Automotive Axles Ltd(AUTOAXLES) is ₹3031.82Cr.

Automotive Axles Ltd(AUTOAXLESPrice
52 Week High
₹2460
52 Week Low
₹1742.15

Automotive Axles Ltd(AUTOAXLES) share price is ₹2006.5. It is down -18.43% from its 52 Week High price of ₹2460

Automotive Axles Ltd(AUTOAXLES) share price is ₹2006.5. It is up 15.17% from its 52 Week Low price of ₹1742.15

Automotive Axles Ltd(AUTOAXLESReturns
1 Day Returns
14.9%
1 Month Returns
-3.27%
3 Month Returns
7.37%
1 Year Returns
-7.8%