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Automotive Axles

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE449A01011
  • NSEID: AUTOAXLES
  • BSEID: 505010
INR
1,624.90
22.9 (1.43%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.17 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

1,603.651,673.00

52 Week

1,533.152,210.00
Valuation
Technical
Day's Volume

CASH

1.17 k (-71.29%) Volume

Shareholding (Dec 2024)

FII

0.55%

Held by 38 FIIs

DII

13.05%

Held by 13 DIIs

Promoter

71.04%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 10.57% and Operating profit at 13.05% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 2,456 Cr (Small Cap)

stock-summary
P/E

16.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

2.00%

stock-summary
Debt Equity

-0.05

stock-summary
Return on Equity

17.14%

stock-summary
Price to Book

2.70

Revenue and Profits (1 Year):
Net Sales:
531 Cr
(Quarterly Results - Dec 2024)
Net Profit:
40 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-13.71%
0%
-13.71%
1 Year
-11.98%
1.63%
-10.35%
2 Years
-34.85%
2.57%
-32.28%
3 Years
-2.53%
5.59%
3.06%
4 Years
51.18%
6.97%
58.15%
5 Years
254.09%
19.50%
273.59%

Latest dividend: 32 per share ex-dividend date: Jul-29-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
10.57%
EBIT Growth (5y)
13.05%
EBIT to Interest (avg)
50.18
Debt to EBITDA (avg)
0.32
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.20
Tax Ratio
26.07%
Dividend Payout Ratio
29.10%
Pledged Shares
0
Institutional Holding
13.60%
ROCE (avg)
18.49%
ROE (avg)
13.88%
Valuation key factors
Factor
Value
P/E Ratio
16
Industry P/E
28
Price to Book Value
2.70
EV to EBIT
12.69
EV to EBITDA
10.75
EV to Capital Employed
2.79
EV to Sales
1.14
PEG Ratio
NA
Dividend Yield
2.00%
ROCE (Latest)
22.01%
ROE (Latest)
17.14%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bearish
Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 10 Schemes (12.92%)

FIIs

Held by 38 FIIs (0.55%)

Promoter with highest holding

Bf Investment Limited (35.52%)

Highest Public shareholder

Nippon Life India (various Schemes) (8.81%)

Individual Investors Holdings

13.26%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -1.96% vs -17.45% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 1.10% vs -22.75% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "530.74",
          "val2": "541.33",
          "chgp": "-1.96%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "57.47",
          "val2": "57.88",
          "chgp": "-0.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.68",
          "val2": "0.60",
          "chgp": "13.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "39.58",
          "val2": "39.15",
          "chgp": "1.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.83%",
          "val2": "10.69%",
          "chgp": "0.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -11.57% vs 14.50% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -15.53% vs 36.97% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "987.15",
          "val2": "1,116.32",
          "chgp": "-11.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "99.92",
          "val2": "124.69",
          "chgp": "-19.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.66",
          "val2": "1.16",
          "chgp": "43.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "70.03",
          "val2": "82.91",
          "chgp": "-15.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.12%",
          "val2": "11.17%",
          "chgp": "-1.05%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -8.43% vs 1.65% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -10.20% vs 9.76% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,517.89",
          "val2": "1,657.65",
          "chgp": "-8.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "157.39",
          "val2": "182.57",
          "chgp": "-13.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.34",
          "val2": "1.76",
          "chgp": "32.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "109.61",
          "val2": "122.06",
          "chgp": "-10.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.37%",
          "val2": "11.01%",
          "chgp": "-0.64%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.07% vs 55.89% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 2.55% vs 117.90% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,229.17",
          "val2": "2,323.70",
          "chgp": "-4.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "246.29",
          "val2": "257.46",
          "chgp": "-4.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.65",
          "val2": "2.92",
          "chgp": "-9.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "166.16",
          "val2": "162.03",
          "chgp": "2.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.05%",
          "val2": "11.08%",
          "chgp": "-0.03%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
530.74
541.33
-1.96%
Operating Profit (PBDIT) excl Other Income
57.47
57.88
-0.71%
Interest
0.68
0.60
13.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
39.58
39.15
1.10%
Operating Profit Margin (Excl OI)
10.83%
10.69%
0.14%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -1.96% vs -17.45% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 1.10% vs -22.75% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
987.15
1,116.32
-11.57%
Operating Profit (PBDIT) excl Other Income
99.92
124.69
-19.87%
Interest
1.66
1.16
43.10%
Exceptional Items
0.00
0.00
Standalone Net Profit
70.03
82.91
-15.53%
Operating Profit Margin (Excl OI)
10.12%
11.17%
-1.05%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -11.57% vs 14.50% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -15.53% vs 36.97% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,517.89
1,657.65
-8.43%
Operating Profit (PBDIT) excl Other Income
157.39
182.57
-13.79%
Interest
2.34
1.76
32.95%
Exceptional Items
0.00
0.00
Standalone Net Profit
109.61
122.06
-10.20%
Operating Profit Margin (Excl OI)
10.37%
11.01%
-0.64%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -8.43% vs 1.65% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -10.20% vs 9.76% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,229.17
2,323.70
-4.07%
Operating Profit (PBDIT) excl Other Income
246.29
257.46
-4.34%
Interest
2.65
2.92
-9.25%
Exceptional Items
0.00
0.00
Standalone Net Profit
166.16
162.03
2.55%
Operating Profit Margin (Excl OI)
11.05%
11.08%
-0.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.07% vs 55.89% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 2.55% vs 117.90% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Automotive Axles Ltd stock-summary
stock-summary
Automotive Axles Ltd
Small Cap
Auto Ancillary
Automotive Axles Limited is a joint venture company incorporated in 1981, between Bharat Forge Limited, Pune, India and Meritor Heavy Vehicle Systems LLC, USA (35.52% equity stake). The Company is the largest independent manufacturer of Rear Drive Axle Assemblies in the country and is primarily engaged in manufacturing of Axles and Brakes at Mysore, Rudrapur and Jamshedpur. The Company's Rs 30.3- Cr. project at Hootagali near Mysore, commenced commercial production in Jul.'84.
Company Coordinates stock-summary
Company Details
Hootagalli Industrial Area, Off Hunsur Road Mysore Karnataka : 570018
stock-summary
Tel: 91-0821-7197500
stock-summary
http://www.autoaxle.com
stock-summary
sec@autoaxle.com
Registrar Details
Integrated Enterprises (India) Ltd , 30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bangalore
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